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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.

Digital Currency Revolution

Binance Expands Their Product-Mix By Launching Quarterly Futures Contracts

Jun 12, 2020 12:11 pm UTC| Digital Currency

The renowned cryptocurrency exchange in the world, Binance, has unveiled its debut futures contract with a quarterly expiration date. The contract is settled in the denominated BTC asset and will expire on the last...

Digital Currency Revolution

Digital Currency Series: Ethereum Halts Bullish Rout, What Drives Commendable Rallies? Quick Glimpse At Bullish Driving Forces

Jun 05, 2020 15:13 pm UTC| Research & Analysis Digital Currency Technicals Commentary

Ethereum has been luring among the crypto-space with its underlying price and fundamentals as we expected earlier in our recent posts. OKEx extends its crypto-derivative product-line by unveiling ether options, we...

Digital Currency Revolution

Cryptocurrency Series: OKEx Extends Its Crypto-Derivative Product Line By Unveiling Ether Options

Jun 05, 2020 11:58 am UTC| Digital Currency Commentary

OKEx seems to be one-stop crypto-derivatives marketplace as they constantly keep adding new derivatives instruments for their wide range of crypto-derivatives offering. The renowned exchange among the gamut of...

Digital Currency Revolution

S. Korea Eyes Taxing Cryptocurrency Profits by 2021

Jun 03, 2020 13:01 pm UTC| Digital Currency Law

South Koreas Ministry of Economy and Finance proposed taxing profits from cryptocurrencies next year, including income from initial coin offerings and bitcoin mining operations. The Ministry of Information and...

Digital Currency Revolution

Goldman Sachs Dismisses Cyrtocurrency as Unsuitable for Investment

May 29, 2020 13:27 pm UTC| Business Digital Currency

Goldman Sachs blasted bitcoin and other cryptocurrencies as unsuitable investments for its clients in its report. In its report, Goldman Sachs compared bitcoins to the tulip mania of the 1600s in the Netherlands, one of...

Digital Currency Revolution

Digital Currency Series: Former FinCEN Director Associates With Facebook’s Libra Association

May 20, 2020 07:02 am UTC| Research & Analysis Digital Currency Commentary

The founder of GRH Consulting and the former director of the financial crimes enforcement network (FinCEN), Robert Werner has joined Facebooks Libra association, as its general counsel. I am grateful for the opportunity...

Digital Currency Revolution

Bitcoin halving Q&A: what it's all about and what it means for the cryptocurrency

May 14, 2020 10:50 am UTC| Digital Currency Investing

Bitcoin, the first and leading cryptocurrency in terms of trading volume and market capitalisation, went through its third halving on May 11 2020. This major adjustment to how the cryptocurrency operates has only happened...

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Economy

OPEC insists it did not intend to drive US shale out of business

OPEC Secretary Mohammad Barkindo said the group did not intend to drive US shale oil producers out of business, in response to US barrels price briefly turning negative in April. In April, the group agreed on the single...

Korean shipbuilders suffer 67% dip in new orders

South Koreas shipbuilders posted 1.18 million compensated gross tons (CGTs) of new orders in the first half of 2020, 67 percent less from the 3.58 million CGTs last year. Globally, new shipbuilding orders plunged 57...

Shanghai shopping event induces consumption in city

Shanghai municipal governments May 5 Shopping Festival helped the citys total consumption over the past two months to return to the same level last year. The festival attracted over 520,000 online sellers and nearly...

Japan's May exports to S. Korea down to 11-year low of 3.66-T won

Japans exported 3.66 trillion won worth of goods to South Korea in May, down 18 percent from last year, which is lowest in 11 years due to the pandemic and trade dispute between the two countries. Japans shipments of...

US refrains from slapping antidumping duties on S. Korean cold-rolled steel

The US refrained from imposing antidumping duties on cold-rolled steel from Hyundai Steel Co. and POSCO, which would help boost trade between the two countries. The US Department of Commerce determined that cold-rolled...

Politics

Donald Trump: POTUS' former lawyer Michael Cohen brought back to jail

There have been a handful of aides of Donald Trump that was sent to jail, including his former lawyer Michael Cohen. In the midst of the pandemic, Cohen was ordered to be brought back to jail to continue serving his...

Donald Trump: Supreme Court rules POTUS's taxes to be released to Grand Jury

For a long time, Donald Trump has tried to evade the efforts to show his tax returns and his other financial records. Now it appears impossible for Trump to evade any longer as the Supreme Court ruled that it be released...

Melania Trump: FLOTUS visits the Mary Elizabeth House

First lady, Melania Trumps Be Best initiative, puts the overall well-being of children front and center. Recently, Mrs. Trump visited the Mary Elizabeth House to personally deliver some care packages to the staff and...

Melania Trump: New tell-all book reportedly 'thrashes the First Lady and here's its release date

Melania Trump will surely hug the headlines again once the new tell-all book about her is published. This can be controversial and filled with explosive claims since the author is the First Ladys former confidante who was...

Science

Paleontologists discover pocket-sized ancestor of the dinosaurs

Dinosaurs are more commonly believed to be large living beings, from being similar in size to a child to as massive as a house or even a small building. However, paleontologists recently discovered fossilized remains of...

Dilophosaurus shown in 'Jurassic Park' is more bird-like than lizard, says scientists

The Dilophosaurus was made famous through the Jurassic Park movie and is shown as having a similar appearance to a lizard. However, a new study finds that the actual Dilophosaurus did not resemble a lizard, but looked more...

NASA: Hubble Space Telescope detects a galaxy moving away from Earth

When it comes to galaxies, many often hear about these celestial objects merging with one another. However, the opposite is not heard about as much. Recently, the Hubble Space Telescope was able to witness just that, with...

New study suggests Cerne Abbas Giant actually dates back to the Medieval period

The Cerne Abbas Giant has been met with some debate regarding its history among archaeologists. Now, a new study suggests that the historic figure may not be as ancient as many may believe it to be. Researchers,...

Technology

‘World of Warcraft: Shadowlands’: Blizzard confirms release window in fall

Video game companies, for much of the first half of 2020, learned to adjust to new workplace setups due to the global COVID-19 pandemic. Even then, Blizzard Entertainment assures fans that World of Warcraft: Shadowlands is...

Poco M2 Pro: $200 smartphone with a quad camera and 33W fast charger

After months of leaks and speculations, the Poco M2 Pro has finally been announced by Poco India. Most of the expected specs and features have now been confirmed for the device, and so is the one caveat that some tech fans...

‘Cyberpunk 2077’: The role of Judy Alvarez and Evelyn Parker in V’s upcoming missions

Night City Wire has done its job of keeping the hype up for Cyberpunk 2077, but a welcome bonus was the unveiling of two non-playable characters named Evelyn Parker and Judy Alvarez. Online discussions prove their brief...

‘The Last of Us 2’: Naughty Dog condemns myriad of online death threats targeting cast and devs

The launch of The Last of Us 2 has been bittersweet for Naughty Dog in the few weeks that the game is out in the wild. Aside from high scores from critics, the developers and cast members have been receiving vile comments...
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