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Digital Currency Revolution

©Econometrics LLC . All Rights Reserved.

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

Blockchain: LG CNS introduces blockchain-based staff ID cards

Dec 15, 2022 08:41 am UTC| Business Digital Currency Investing

LG CNS launched its blockchain-based identification cards for staff called the DDIDID. This is a kind of service that uses blockchain technology for mobile IDs. LG CNS has already started distributing these innovative...

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,...

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Economy

S&P Affirms Brazil’s BB Credit Rating with Stable Outlook Amid Fiscal Challenges

SP Global Ratings has reaffirmed Brazils BB/B long- and short-term foreign and local currency sovereign credit ratings, maintaining a stable outlook. The agency also kept the countrys transfer and convertibility assessment...

Gold Prices Rise Above $4,000 as Inflation Data and Weaker Dollar Boost Demand

Gold prices recovered on Thursday after falling to their lowest levels since November 2025, supported by a weaker U.S. dollar following the release of the latest U.S. inflation data. While easing concerns over aggressive...

Wall Street Ends Mixed as Micron Surges, Apple Drops After Price Hikes

Wall Street closed mixed on Thursday after a volatile trading session driven by contrasting performances from major technology companies. Investors reacted positively to Micron Technologys strong earnings and AI-driven...

Iran Attack in Strait of Hormuz Pushes Oil Prices Higher

Global oil prices climbed on Thursday after Irans Islamic Revolutionary Guard Corps (IRGC) reportedly attacked a Singapore-flagged cargo vessel in the Strait of Hormuz, reigniting concerns over Middle East tensions and...

Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman

Global oil prices recovered on Thursday after falling to levels seen before the Iran conflict, as renewed security concerns in the Strait of Hormuz revived market uncertainty. Reports of an attack on a commercial vessel...

Politics

US Approves $250 Million Fighter Jet Training Sale to Australia

The United States has approved a potential $250 million military sale to Australia, reinforcing the long-standing defense partnership between the two allies. The U.S. State Department announced on Thursday that it had...

Johns Hopkins University Lays Off 110 Employees as Federal Research Funding Declines

Johns Hopkins University has announced the layoff of 110 employees following significant reductions in federal research funding, highlighting the growing financial challenges facing one of the United States leading...

Republican Lawmaker Introduces AI Incident Reporting Bill to Strengthen U.S. AI Safety

The United States could soon see new artificial intelligence regulations after Republican Representative Nathaniel Moran of Texas introduced the proposed AI Incident Reporting Act, a bill designed to improve transparency...

Iran Strait of Hormuz Tensions Rise After Ship Attack Delays IMO Escort Mission

A reported attack on a cargo ship near the Strait of Hormuz has prompted the United Nations International Maritime Organization (IMO) to temporarily suspend its ship escort mission, raising fresh concerns over the fragile...

US Supreme Court Strikes Down Hawaii Gun Carry Law on Private Property

The U.S. Supreme Court has ruled that a Hawaii law restricting licensed handgun owners from carrying firearms on private property open to the public without the owners explicit permission violates the Second Amendment. 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

OpenAI May Delay IPO to 2027 Amid $1 Trillion Valuation Goal

OpenAI is reportedly considering postponing its highly anticipated initial public offering (IPO) until 2027 as it pursues an ambitious $1 trillion valuation. According to a report by The New York Times, company executives...

Kioxia Targets U.S. Listing as AI Chip Boom Accelerates

Japan-based Kioxia Holdings Corp. (TYO:285A) is preparing to launch U.S. depositary shares in the spring of 2027, a strategic move aimed at expanding its global investor base and taking advantage of growing enthusiasm for...

Doncasters Raises $919 Million in NYSE IPO as Aerospace Growth Accelerates

Doncasters has successfully raised $919.3 million through its U.S. initial public offering (IPO), marking a significant milestone in the aerospace components manufacturers long-term transformation. The historic British...

SK Hynix Targets $29.4 Billion Nasdaq Listing to Expand AI Chip Business

SK Hynix has announced plans to raise as much as $29.4 billion through a Nasdaq listing in the United States, positioning the deal as one of the largest global stock offerings in history. The South Korean memory chip...

Alibaba Shares Fall After Anthropic Alleges Massive AI Model Distillation Campaign

Alibaba Groups Hong Kong-listed shares dropped sharply on Thursday after reports revealed that U.S.-based artificial intelligence company Anthropic accused the Chinese tech giant of conducting a large-scale campaign to...