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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: Prosecutors are convinced Do Kwon is ‘on the run’ but Terraform founder denies the claim

Sep 19, 2022 08:53 am UTC| Business Digital Currency Investing

Terraform Labs founder, Do Kwon, is on the run, according to South Korean prosecutors. They said that the wanted businessman who was accused of massive fraud after his cryptocurrency firm collapsed in May is obviously in...

Digital Currency Revolution

NFT: South Korea’s Seongnam city to jump into the Metaverse, to issue NFT citizenship

Sep 16, 2022 09:05 am UTC| Business Digital Currency Investing

Seongnam is South Koreas 12th most populated city, and it revealed its plans to jump into the metaverse and non-fungible token. It said that it would be recreating the entire city in the virtual space and issuing NFT...

Digital Currency Revolution

NFT: Epic Games debuts its first NFT Game on the marketplace

Sep 16, 2022 07:57 am UTC| Business Digital Currency Investing

Epic Games Inc., the developer of the Fortnite free-to-play Battle Royale game, has launched its very first non-fungible token (NFT) game title on its marketplace. The American video game and software developer and...

Digital Currency Revolution

NFT: GameStop introduces NFT trading cards as added perks for its rewards program members

Sep 15, 2022 10:07 am UTC| Business Digital Currency Investing

GameStop announced it has added a new perk for members of its loyalty program. The move is also another step as the company dives deeper into the virtual space. The Grapevine, Texas-headquartered video game, consumer...

Digital Currency Revolution

NFT: Starbucks is brewing an NFT-based loyalty program for rewards members

Sep 15, 2022 08:44 am UTC| Business Digital Currency Investing

Starbucks announced it would be offering something new to members of its loyalty program. The coffee chain will add an NFT-based perk where people will be able to buy digital collectible stamps in non-fungible token...

Digital Currency Revolution

NFT: G-Dragon’s PEACEMINUSONE, Wade collaborate for non-fungible token release

Sep 14, 2022 10:26 am UTC| Business Digital Currency Investing

PEACEMINUSONE, which is known to have been founded by Kpop superstar G-Dragon of BigBang, is teaming up with Wade, a virtual artist and influencer. GDs fashion brand and Wade will combine their creative prowess to produce...

Digital Currency Revolution

Queen Elizabeth NFT: Crypto degens take advantage of the Queen’s death and inundate markets with digital collections, memecoins

Sep 12, 2022 08:47 am UTC| Business Digital Currency Investing

Queen Elizabeth II died on Sept. 8 at the age of 96, and her demise led to the creation of non-fungible tokens and memecoins. Apparently, the crypto degens have taken advantage of her demise and launched digital art...

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Economy

Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off

The U.S. dollar held firm at the start of Asian trading on Thursday as investors positioned themselves ahead of key interest rate decisions from the European Central Bank (ECB) and the Bank of England (BoE). Both central...

Australia’s December Trade Surplus Expands but Falls Short of Expectations

Australia recorded a smaller-than-expected trade surplus in December, highlighting continued pressure on the countrys export sector amid weak overseas demand and a strong Australian dollar. According to data released by...

U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings

U.S. stock index futures moved modestly higher on Wednesday evening after Wall Street ended the regular session mostly lower, as investors continued to grapple with a deepening technology selloff driven by AI disruption...

Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears

Oil prices moved lower on Thursday as news of planned diplomatic talks between the United States and Iran reduced immediate fears of a military conflict that could disrupt crude supply from the Middle East, one of the...

Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound

Asian stock markets declined as growing concerns over the soaring costs of artificial intelligence investment weighed heavily on the technology sector, while U.S. stock futures attempted a modest recovery led by gains in...

Politics

Trump Stays Neutral on 2028 GOP Successor as Vance and Rubio Emerge as Top Contenders

President Donald Trump has declined to take sides in early speculation over who could succeed him as the Republican presidential nominee in the 2028 election, as Vice President JD Vance and Secretary of State Marco Rubio...

U.S. Justice Department Removes DHS Lawyer After Blunt Remarks in Minnesota Immigration Court

The U.S. Justice Department has removed a government lawyer from a high-pressure assignment in Minnesota following blunt comments made in federal court about her workload and the governments failure to comply with judicial...

Melania Trump Pushes Diplomacy to Return Ukrainian Children from Russia

U.S. First Lady Melania Trump said Wednesday that she remains in ongoing contact with Russian President Vladimir Putins team as part of efforts to secure the return of Ukrainian children taken to Russia since the start of...

Human Rights Watch Warns of Democratic Decline in U.S. Under Trump Administration

Human Rights Watch has raised serious concerns about the state of democracy in the United States, warning that key democratic institutions and human rights protections are under threat during President Donald Trumps second...

Ukraine-Russia Peace Talks in Abu Dhabi Show Cautious Progress Amid Ongoing Fighting

Ukrainian and Russian officials concluded what Kyiv described as a productive first day of new U.S.-brokered peace talks in Abu Dhabi, even as intense fighting continued across Ukraine in Europes largest conflict since...

Science

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...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine

Alphabet is dramatically ramping up its capital expenditure in 2026 as it doubles down on artificial intelligence, cloud infrastructure, and compute capacity, underscoring its ambition to stay ahead in the intensifying AI...

Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026

Baidu Inc (NASDAQ: BIDU), Chinas largest internet search engine company, announced on Thursday that its board of directors has approved a new share repurchase program of up to $5 billion, running through the end of 2028....

Instagram Outage Disrupts Thousands of U.S. Users

Meta Platforms Instagram experienced a significant service disruption on Wednesday evening, leaving more than 10,000 users across the United States unable to properly access the popular social media platform. According to...

TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds largest contract chipmaker, is reportedly planning to mass produce advanced 3-nanometre (3nm) semiconductors in Kumamoto, southern Japan, marking a major shift...

Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links

Shares of Tencent Holdings (HK:0700) fell sharply on Wednesday after its popular messaging platform WeChat blocked certain promotional links related to YuanBao, the companys artificial intelligence chatbot. The move...
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