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Digital Currency Revolution

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Digital currency or digital money is an Internet-based medium of exchange distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer-of-ownership. Like traditional money these currencies may be used to buy physical goods and services but could also be restricted to certain communities such as for example for use inside an on-line game or social network. In this series, we cover stories and provide insightful analysis of the digital currencies such as bitcoin with no central point of control over the money supply.

Blockchain Revolution Series

Digital Currency Revolution

How blockchain could be used to make trusts more transparent

Apr 08, 2016 16:45 pm UTC| Insights & Views Technology Digital Currency Law

Amid the outcry over David Camerons tax affairs is the UK prime ministers intervention in 2013 to block EU transparency rules regarding offshore trusts. It was decided that trusts should not be held to the same standards...

Digital Currency Revolution

BitBay Announces Support For Ether Trading

Apr 08, 2016 12:12 pm UTC| Digital Currency

BitBay, a Poland-based Bitcoin and Litecoin trading platform, has announced that it has enabled Ethereum trading against fiat currencies (EUR, USD and PLN) as well as digital currency Bitcoin, on its platform. Ethereum...

Blockchain Revolution Series

Digital Currency Revolution

Neurensic’s Innovation Lab To Bring AI To Blockchain Solutions

Apr 08, 2016 11:13 am UTC| Digital Currency

Neurensic, an artificial intelligence (AI) technology startup focused on software-as-a-service solutions for the financial services industry, has announced the formation of a new Innovation Lab, which will focus on...

Digital Currency Revolution

Bitcoin Company Genesis Mining Completes 2 Years, Offers Discount To All Customers

Apr 08, 2016 10:38 am UTC| Digital Currency

Its already been two years for Genesis Mining, the worlds leading Bitcoin cloud mining provider, and to celebrate the occasion, the company is offering discount to all customers. To celebrate the two year anniversary of...

Digital Currency Revolution

Homeland Security’s Digital Currency Task Force Fights Bitcoin Related Crimes

Apr 08, 2016 09:47 am UTC| Digital Currency

An affidavit of Mathew Larsen, a Special Agent with Homeland Security Investigations, who tracked down David Burchard, one of the largest Silk Road marijuana and cocaine vendors, has revealed that there exists a digital...

Digital Currency Revolution

New Study Explores Competition Among Bitcoin, Ethereum And Other Privately Issued Money

Apr 08, 2016 06:38 am UTC| Digital Currency

The advent of cryptocurrencies such as Bitcoin, Ethereum, Litecoin and others has sparked interest in governments, financial institutions and the public in general in privately issued money. Research work in this space...

Blockchain Revolution Series

Digital Currency Revolution

Leading Banks, DTCC, Markit Successfully Complete Blockchain Test For Credit Default Swaps

Apr 08, 2016 05:49 am UTC| Digital Currency

Seven firms, which includes four global financial institutions (Bank of America Merrill Lynch, Citi, Credit Suisse, J.P. Morgan), The Depository Trust Clearing Corporation (DTCC) and Markit, in collaboration with Axoni, a...

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Economy

Asian Currencies Slip as Dollar Rebounds Ahead of Fed Rate Decision

Most Asian currencies edged lower on Wednesday as the U.S. dollar rebounded from a near four-year low, with global markets focused on the Federal Reserves highly anticipated interest rate decision. Despite the mild...

China to Boost Brazilian Soybean Imports in Early 2026 Amid Price Advantage

China is set to significantly increase imports of Brazilian soybeans in the first half of 2026 as record harvests and competitive pricing in South America outweigh renewed purchases from the United States. Trade sources...

RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says

The Reserve Bank of Australia (RBA) is now expected to raise interest rates by 25 basis points at its February 3 policy meeting, according to a new forecast from ANZ, marking a shift in expectations after a brief easing...

Indonesian Stocks Slide After MSCI Flags Investability Risks and Downgrade Threat

Indonesian stocks suffered a sharp sell-off on Wednesday, plunging around 7%, after global index provider MSCI Inc. raised serious concerns about the investability of Indonesias equity market and warned of a possible...

Asian Stock Markets Rise on AI Optimism Ahead of Fed Decision and U.S. Tech Earnings

Asian stock markets mostly advanced on Wednesday, driven by strong gains in technology and AI-related shares as investors positioned ahead of key U.S. megacap earnings and the Federal Reserves highly anticipated interest...

Politics

U.S. and Taiwan Strengthen AI, Semiconductor, and Drone Cooperation at High-Level Economic Talks

Senior officials from Taiwan and the United States have reinforced bilateral cooperation in artificial intelligence, advanced technology, and drone development during the sixth round of the U.S.-Taiwan Economic Prosperity...

ICE Blocked From Entering Ecuador Consulate in Minneapolis During Immigration Operation

A U.S. Immigration and Customs Enforcement (ICE) agent attempted to enter Ecuadors consulate in Minneapolis earlier this week but was stopped by consulate staff, prompting a diplomatic protest from Ecuadors government and...

Sam Altman Criticizes ICE Enforcement as Corporate Leaders Call for De-Escalation

OpenAI CEO Sam Altman has voiced strong concerns over U.S. Immigration and Customs Enforcement (ICE) actions, telling employees that the agency is going too far amid an aggressive immigration crackdown in Minneapolis. His...

Trump Claims Breakthrough in Syria Talks After Call With President al-Sharaa

U.S. President Donald Trump said on Tuesday that he and Secretary of State Marco Rubio had resolved what he described as a tremendous problem related to Syria, signaling potential progress in long-running diplomatic...

Kim Jong Un Signals Expanded Nuclear Plans Ahead of Workers’ Party Congress

North Korean leader Kim Jong Un has indicated that the upcoming congress of the ruling Workers Party will outline new, next-stage plans aimed at further strengthening the countrys nuclear war deterrent, according to a...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Meta Faces Lawsuit Over Alleged Approval of AI Chatbots Allowing Sexual Interactions With Minors

Meta CEO Mark Zuckerberg is facing renewed scrutiny after internal company documents revealed he approved policies that allowed minors to access AI chatbot companions, despite warnings from Metas own safety teams. The...

China Approves First Import Batch of Nvidia H200 AI Chips Amid Strategic Shift

China has approved its first batch of Nvidias H200 artificial intelligence chips for import, signaling a notable adjustment in the countrys approach to balancing advanced AI development with support for domestic technology...

C3.ai in Merger Talks With Automation Anywhere as AI Software Industry Sees Consolidation

Enterprise artificial intelligence software provider C3.ai is reportedly in merger discussions with privately held automation startup Automation Anywhere, according to a recent report by The Information, which cited people...

Anthropic Raises 2026 Revenue Outlook by 20% but Delays Path to Profitability

Artificial intelligence startup Anthropic has significantly increased its long-term revenue projections, highlighting strong demand for advanced AI technologies, while also acknowledging that profitability will take longer...

SoftBank Shares Surge as It Eyes Up to $30 Billion New Investment in OpenAI

SoftBank Group Corp (TYO:9984) shares jumped sharply in early Tokyo trading after reports emerged that the Japanese conglomerate is in discussions to invest as much as $30 billion more in OpenAI, the company behind...