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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.

Digital Currency Revolution

LastPass Vaults Linked to Major Cryptocurrency Heists Exceeding $35M

Sep 07, 2023 23:47 pm UTC| Economy Digital Currency Business

In 2022, multiple LastPass password vaults were compromised, leading to over 150 victims being tied to notable cryptocurrency thefts. Recent findings link these heists directly to the breached vaults, emphasizing the...

Digital Currency Revolution

MetaMask Introduces Fiat Cash-Out: Bridging Digital, Real-World Assets

Sep 07, 2023 08:26 am UTC| Economy Digital Currency Business

MetaMask now allows users to convert cryptocurrencies to fiat like USD, emphasizing its drive to merge digital and real-world assets, amid rising demand for self-custody wallets after vulnerabilities in centralized...

Digital Currency Revolution

Visa Partners with Solana to Boost Credit Card Speed; Eyes USDC for Enhanced Stablecoin Capabilities

Sep 07, 2023 08:26 am UTC| Business Digital Currency Investing

Visa Inc. embraces Solana blockchain to supercharge credit card payments with USDC, aiming to modernize cross-border transactions. This partnership promises faster transaction speeds and underscores Visas commitment to...

Digital Currency Revolution

Coinbase Launches Crypto Lending Service for Institutional Investors; Raises $57M

Sep 07, 2023 02:52 am UTC| Business Digital Currency Investing

Coinbase Global Inc. introduces a new institutional crypto lending platform in the U.S., distinct from their controversial Lend program, filling a niche left by Genesis and BlockFi. In the said SEC filing, it was also...

Digital Currency Revolution

Hana Bank, BitGo Forms Alliance for Joint Cryptocurrency Custody Business

Sep 06, 2023 09:54 am UTC| Business Digital Currency Investing

Hana Bank joined forces with BitGo to enter the digital asset custody business. Together, the two companies are planning to establish a joint cryptocurrency custody venture in 2024, most likely in the latter half of that...

Digital Currency Revolution

Google Updates Ad Policy to Allow Certified NFT Game Ads, Excludes Gambling

Sep 06, 2023 09:40 am UTC| Economy Digital Currency Business

Starting September 15, Google will permit advertisements for NFT games, provided they dont promote gambling and meet rigorous certification criteria, ensuring alignment with the companys updated policies. Advertisements...

Digital Currency Revolution

Casio Debuts Free G-SHOCK NFTs on Polygon; Launches Virtual G-Shock Community in Metaverse

Sep 06, 2023 06:43 am UTC| Business Digital Currency Investing

Casio pioneers its Metaverse entry, releasing its inaugural G-SHOCK NFTs on Polygonfor free. This coincides with the launch of its Virtual G-Shock Community, encouraging fan participation in watch design through a novel...

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Economy

Oil Prices Fall on U.S.-Iran Hormuz Deal Hopes

Oil prices fell on Friday, ending a two-day rally as traders weighed reports that the United States and Iran were discussing a phased agreement that could eventually reopen the Strait of Hormuz and ease disruptions to...

Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens

The Canadian dollar could remain under pressure through the end of 2026 as diverging monetary policy between the Federal Reserve and Bank of Canada weighs on the currency, according to CIBC Capital Markets. CIBC expects...

Japanese Yen Rebounds as Trump Flags Currency Weakness

The Japanese yen ended a five-day losing streak on Friday, rebounding from the closely watched 160-per-dollar level after Tokyo disclosed that U.S. President Donald Trump had raised concerns about the currencys weakness...

US Comfortable With Canada Trade Standoff as Import Bans Loom

President Donald Trumps administration is prepared to maintain its escalating trade dispute with Canada as new import restrictions approach and Washington threatens additional tariffs on key Canadian industries. U.S. Trade...

Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals

The U.S. dollar weakened on Friday as oil prices retreated, although the currency remained headed for a second consecutive weekly gain as expectations for another Federal Reserve rate hike increased. The Japanese yen,...

Politics

Colombia Extradites FARC Dissident Leader ‘Spider’ to US

Colombia has extradited Geovany Andres Rojas, a senior commander of a dissident faction linked to the former FARC rebel movement, to the United States, where he is wanted on drug-trafficking charges. Rojas, widely known by...

Evan Gershkovich Says FSB Set Trap for 2023 Russia Arrest

Wall Street Journal reporter Evan Gershkovich says Russias Federal Security Service orchestrated an elaborate sting operation that led to his 2023 arrest on espionage charges, according to his first detailed published...

Saudi Arabia Seeks Military Support as Houthi Attacks Escalate

Saudi, Turkish and Pakistani military chiefs were expected to discuss support for Saudi Arabia as escalating Houthi attacks intensify security concerns across the Middle East, while new restrictions on Iranian flights add...

Putin Says Ukraine Peace Proposals Remain on Table

Russian President Vladimir Putin said Friday that proposals aimed at ending the 4-1/2-year war in Ukraine remain under consideration, although Moscow must determine which options best serve Russias interests. Speaking to...

Iran Rejects Nuclear Concessions in Hormuz Deal

Iran will not compromise on its nuclear rights even if the United States accepts Tehrans proposal for reopening the Strait of Hormuz, according to a senior Iranian official, underscoring major obstacles to ending the...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

AMD Hits $1 Trillion as BofA Raises Price Target to $720

Advanced Micro Devices (NASDAQ: AMD) has joined the $1 trillion market capitalization club, and BofA Securities believes the semiconductor giant has room to climb further as artificial intelligence drives stronger demand...

US Appeals Court Upholds Anthropic AI Supply Chain Ban

A U.S. federal appeals court has upheld the Department of Wars decision to exclude Anthropic from its supply chain, handing the Trump administration a significant victory in a closely watched dispute over military use of...

Solidigm Eyes $150 Billion IPO as SK Hynix Expands AI Storage Push

SK Hynix subsidiary Solidigm is considering a U.S. initial public offering as early as next year that could value the semiconductor storage company at as much as $150 billion, according to a Reuters report on Friday. The...

Meta Found Liable in New Mexico Facebook Data Privacy Case

A New Mexico jury has found Meta Platforms liable for misleading consumers about Facebook user privacy and data-sharing practices in a case tied to the Cambridge Analytica scandal. The verdict followed a two-week trial in...

DaVoice Sues Perplexity AI Over Trade Secrets

AI technology startup DaVoice has filed a lawsuit against Perplexity AI in California federal court, accusing the artificial intelligence company of misappropriating trade secrets connected to wake word technology used in...