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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

Croatia gets self-regulating blockchain and cryptocurrency organization ‘UBIK’

Feb 19, 2018 06:28 am UTC| Digital Currency

A self-regulatory organization in the field of blockchain and cryptocurrencies registered last week in Croatia, CoinTelegraph reported. The Croatian Blockchain and Cryptocurrency Association (UBIK) aims to create a...

Digital Currency Revolution

US SEC issues trading suspension order against three companies claiming crypto ties

Feb 19, 2018 04:17 am UTC| Digital Currency

The U.S. Securities and Exchange Commission last week suspended trading in three companies after they announced the acquisition of cryptocurrency and blockchain-based assets. The three companies are Cherubim Interests...

Blockchain Revolution Series

Digital Currency Revolution

Malta launches public consultation on blockchain and cryptocurrency bills

Feb 19, 2018 03:10 am UTC| Digital Currency

Malta has launched a public consultation on three proposed laws that aim to position the country a world leader in economic innovation, according to Malta Today. Speaking at the launch of the public consultation,...

Digital Currency Revolution

FxWirePro: ETH/USD consolidates channel breakout, eyes 1000

Feb 16, 2018 09:33 am UTC| Digital Currency

ETH/USD is extremely rangebound on Friday and is trading at 925 levels at the time of writing (Kraken). On the upside, the pair faces resistance at 985 (50-DMA) and a break above would then eye 998 levels (Cloud...

Digital Currency Revolution

FxWirePro: BTC/USD runs into resistance at 4h 200-SMA, bias higher, good to go long on dips

Feb 16, 2018 07:02 am UTC| Digital Currency

BTC/USD broke above the 10000 levels and hit 10300 levels. However, it could not hold its strength and is currently trading at 9905 levels at the time of writing (Bitstamp). On the topside, a decisive break above 10143...

Digital Currency Revolution

No decision yet on merging with other industry groups for self-regulating body- Japan Cryptocurrency Business Association

Feb 16, 2018 06:19 am UTC| Digital Currency

Two cryptocurrency industry groups in Japan are planning to team up to set up a self-regulating body in order to safeguard the interests of the investors, according to Reuters. Sources familiar with the matter told the...

Digital Currency Revolution

US CFTC cautions customers against cryptocurrency pump-and-dump schemes

Feb 16, 2018 05:35 am UTC| Digital Currency

The U.S. Commodity Futures Trading Commission (CFTC) has cautioned customers against cryptocurrency-based pump-and-dump schemes. Customers should not purchase virtual currencies, digital coins, or tokens based on social...

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Economy

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Extraordinary Vietnam fraud case exposes the inherent vulnerabilities of banks

The financial crisis of 2008 showed just how much the world depends on banks being well run. Since then, regulators have been given new powers to keep some of the biggest institutions on a much shorter leash to stamp out...

Politics

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Military conscription is returning to Europe, but is it really a more equal way of mobilising? What history tells us

The idea that conscription, defined as the compulsory enlistment of citizens for military service, can increase equality and instil a sense of solidarity that transcends traditional societal divides has echoed throughout...

The 50th anniversary of Portugal’s Carnation Revolution

Across Portugal, a number of photography exhibitions are currently on display that commemorate the ousting of the Estado Novo, the dictatorial, authoritarian and corporatist political regime that had ruled the country...

Science

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

Technology

Biden Administration Set to Finalize Stricter EV Tax Credit Rules

The Biden administration is finalizing new electric vehicle tax credit rules, slashing the list of eligible models to just 13. This update, part of a broader effort to refine economic incentives before the election,...

Zeus Network Set to Launch Solana to Bitcoin Bridge in Q3 2024

Zeus Network has announced the launch of Zeus Program Library (ZPL) by Q3 2024, a pioneering bridge designed to connect and enhance asset transfer between the Solana and Bitcoin ecosystems, offering broad applications in...

Bitcoin Dips 4% Below Cost, Stirs Panic Among Short-Term Investors

In a startling decline, Bitcoin plummeted 4% below its average purchase price, sparking potential panic among short-term holders, who, according to analyst James Check, are now facing a 3% unrealized loss. Recent...

Google Axes 200 ‘Core’ Workers, Transfers Jobs to India and Mexico Amid Restructuring

Google LLC is reducing its workforce again in its latest restructuring efforts. The tech company announced it would axe at least 200 staff from its core teams. According to CNBC, this core unit is responsible for...
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