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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

Cryptocurrency: The Block crypto media secretly received funds from Sam Bankman-Fried’s Alameda Research, CEO resigns

Dec 12, 2022 09:55 am UTC| Business Economy

The Block, a crypto media site, and its chief executive officer, Michael McCaffrey, were revealed to have received funds from Sam Bankman-Frieds Alameda Research crypto trading company. However, the funding was said to...

Digital Currency Revolution

NFT: Yuga Labs, MoonPay facing lawsuit involving major celebrities over NFT endorsements

Dec 12, 2022 09:20 am UTC| Business Digital Currency Investing

Yuga Labs and MoonPay are being sued along with more than three dozen major Hollywood celebrities, including Justin Bieber, Jimmy Fallon, and Madonna. The former is home to the Bored Ape Yacht Club (BAYC) non-fungible...

Digital Currency Revolution

NFT: Starbucks launches its ‘Odyssey’ Web3 loyalty program, NFT Community

Dec 09, 2022 09:30 am UTC| Business Digital Currency Economy

Starbucks revealed on Thursday, Dec. 8, that it has activated the Beta version of its Web3 Odyssey loyalty program as well as its NFT community. This is the testing phase for the coffee chains highly-anticipated digital...

Digital Currency Revolution

NFT: Coca-Cola, CryptoCom partner to launch NFT collection to celebrate FIFA World Cup in Qatar

Dec 09, 2022 07:24 am UTC| Business Digital Currency Investing

Coca-Cola and Crypto.com announced their partnership to celebrate the 2022 FIFA World Cup Qatar. in collaboration with digital artist GMUNK, the companies are releasing FIFA-inspired NFTs of non-fungible...

Digital Currency Revolution

Why sports sponsorship is unlikely to save cryptocurrency firms from 'crypto winter'

Dec 08, 2022 10:48 am UTC| Digital Currency

If you have been watching the Fifa World Cup in Qatar closely, you will have noticed the advertising on the hoardings around the pitch. Alongside the usual names Adidas, Coca-Cola, Visa there are some new ones, including...

Digital Currency Revolution

Metaverse: Animoca Brands unveils $2B fund investment plan for metaverse developers

Dec 05, 2022 07:19 am UTC| Business Digital Currency Investing

Animoca Brands game software company and venture capital company based in Hong Kong revealed its plans to invest $2 billion in the Metaverse. The company said it would be making its first investment next year. Yat Siu,...

Digital Currency Revolution

Candy Digital cuts over a third of staff amid NFT sales decline

Nov 30, 2022 21:55 pm UTC| Life Digital Currency

Candy Digital has laid off a third of its 100 employees as NFTs have dropped significantly. According to Blockchain tracker DappRadar, NFT sales in the third quarter of 2022 plunged to $3.4 billion, which is $5 billion...

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Economy

EU and CPTPP Nations Push for Landmark Digital Trade Agreement

The European Union and member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have officially agreed to pursue a groundbreaking digital trade deal, marking a potentially...

Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears

Major cybersecurity stocks took a sharp hit Friday following reports that Anthropic accidentally exposed details about its next-generation AI model before its official launch. CrowdStrike fell 7%, Palo Alto Networks...

Gold Prices Rise Amid Geopolitical Tensions and Safe Haven Demand

Gold prices climbed on Friday, positioning the precious metal for a weekly gain as investors retreated from riskier assets and sought refuge in safe haven investments like bullion and the U.S. dollar. The move came amid...

Oil Prices Surge Past $100 as U.S.-Iran Peace Hopes Collapse

Global oil markets turned sharply higher on Friday as diplomatic efforts between the United States and Iran appeared to unravel, pushing Brent crude above $100 per barrel for the first time in recent weeks. The escalation...

NASDAQ Tech Selloff: Correction or Collapse? What Analysts Are Saying

The NASDAQ Composite has officially entered correction territory, posting its sharpest valuation decline since the dotcom era as markets react to escalating U.S.-Iran military tensions. While the selloff has rattled...

Politics

Trump Warns "Cuba Is Next" Amid U.S. Military Posturing in the Region

Speaking at a Miami investment forum on Friday, President Donald Trump issued a striking warning toward Cuba, declaring Cuba is next while highlighting recent U.S. military operations against Venezuela and Iran. Though he...

Nepal's Ex-PM K.P. Sharma Oli Arrested Over Deadly 2024 Anti-Corruption Protests

Nepals former prime minister K.P. Sharma Oli was arrested Saturday morning as authorities launched a formal investigation into his alleged negligence during violent anti-corruption protests that claimed 76 lives last...

U.S.-Iran War Update: Rubio Says Conflict Could End in Weeks as Strikes Escalate

Secretary of State Marco Rubio confirmed Friday that U.S. military operations against Iran are progressing ahead of schedule, with officials expecting the conflict to wrap up within weeks rather than months. Speaking after...

Trump Questions U.S. Commitment to NATO Amid European Tensions

President Donald Trump once again cast doubt on Americas dedication to NATO on Friday, declaring that the United States does not have to be there for the alliance remarks that have reignited global concerns about the...

Russia and Iran Explore Diplomatic Path Amid Middle East Conflict

Russian Foreign Minister Sergei Lavrov held talks with Iranian counterpart Abbas Araqchi on Friday, with both sides exploring the possibility of a political and diplomatic resolution to the ongoing military crisis in the...

Science

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

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...

Technology

Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers

Procurement records reveal that four Chinese universities, two of which have direct ties to the Peoples Liberation Army, acquired Super Micro Computer servers loaded with restricted Nvidia AI chips over the past year. The...

Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic

A federal judge has temporarily prevented the Pentagon from enforcing its designation of Anthropic as a national security supply-chain risk, dealing an early blow to the Trump administration in a growing dispute over...

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...

Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round

Nvidia-backed artificial intelligence startup Reflection AI is in advanced discussions to secure $2.5 billion in fresh funding, with negotiations pointing to a staggering pre-money valuation of $25 billion, according to a...