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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

Luna unaccessible in S. Korea after deletion from major crypto exchanges

May 28, 2022 04:04 am UTC| Business Digital Currency Investing

Luna, the sister cryptocurrency of TerraUSD stablecoin, has fallen to almost $0 in value, and with how things are going, most of the major cryptocurrency exchanges in South Korea have proceeded to remove it from their...

Digital Currency Revolution

Cryptocurrency: Huobi Global boosts presence in Latin America via acquisition of Bitex crypto exchange

May 27, 2022 09:52 am UTC| Business Digital Currency Investing

Huobi Global is stepping up its game by acquiring Bitex crypto exchange to boost its presence in Latin America. The Chinese cryptocurrency exchange is looking to branch out in the said region of the Americas; thus, this is...

Digital Currency Revolution

Cryptocurrency: WeMade to launch stablecoin despite Luna catastrophe

May 27, 2022 07:07 am UTC| Business Digital Currency Investing

WeMade, a South Korean video game developer based in Seongnam, stated once again that it is willing to release its own stablecoin despite the growing negative views in the international cryptocurrency trade after the...

Digital Currency Revolution

NFT: eBay to launch its first non-fungible token collection in collaboration with OneOf NFT platform

May 25, 2022 09:40 am UTC| Business Digital Currency Investing

eBay, one of the leading e-commerce platforms in the world, has officially entered the digital asset business with the launch of its first non-fungible token (NFT) collection. The company teamed up with OneOf, a green NFT...

Digital Currency Revolution

NFT: GameStop rolls out crypto, NFT wallet

May 25, 2022 09:04 am UTC| Business Digital Currency Investing

GameStop, the American video game, consumer electronics, and gaming merchandise retailer, has launched its own NFT wallet that can send and receive cryptocurrencies and non-fungible tokens. The beta version of its...

Digital Currency Revolution

NFT: Lotte, Shinsegae to compete in the non-fungible token market with their bear character NFTs

May 25, 2022 06:14 am UTC| Business Digital Currency Investing

Lotte and Shinsegae are two of the largest retail companies in South Korea. They are rivals in the retail industry, and as they jump into the world of non-fungible tokens or NFTs, they are bound to be competitors in this...

Digital Currency Revolution

S.Koreans' bet on Luna's recovery worries regulator

May 20, 2022 23:48 pm UTC| Digital Currency Economy Business

Many South Korean speculators have piled into Luna thinking they have little to lose with prices so ridiculously low and betting that it will stage a miraculous recovery. Luna was trading at a fraction of one cent after...

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Economy

US-India Trade Bombshell: Tariffs Slashed to 18% — Rupee Soars, Sensex Explodes

Announced on February 2, 2026, the US-India commerce deal offers Indian exports significant tariff relief. From 25% to 18%, US reciprocal tariffs on Indian goods have been cut; the extra 25% punitive tariff connected with...

India Services Sector Rebounds in January as New Business Gains Momentum: HSBC PMI Shows Growth

Indias dominant services sector showed a strong rebound in January after slipping to an 11-month low in December, supported by a rise in new business activity, according to the latest HSBC India Services Purchasing...

Asian Currencies Trade Sideways as Dollar Stabilizes, Yen Weakens Ahead of Japan Election

Most Asian currencies traded within a narrow range on Wednesday as the U.S. dollar steadied following a strong rebound over the past week, while the Japanese yen underperformed amid growing political uncertainty ahead of a...

Australia’s Corporate Regulator Urges Pension Funds to Boost Technology Investment as Industry Grows

Australias corporate regulator has warned the countrys rapidly expanding pension fund industry that it must significantly increase investment in systems, technology, and governance to safeguard its future and avoid...

Trump Administration Sued Over Suspension of Critical Hudson River Tunnel Funding

New York and New Jersey have filed an emergency lawsuit against the Trump administration, seeking to restore federal funding for the $16 billion Hudson River tunnel project, a critical piece of U.S. transportation...

Politics

UN Warns of Growing Nuclear Risks as New START Treaty Expires

United Nations Secretary-General Antonio Guterres has issued a stark warning following the expiration of the New START Treaty, calling it a grave moment for international peace and global security. The landmark nuclear...

U.S.–Iran Nuclear Talks Scheduled in Oman as Diplomatic Efforts Resume

The United States and Iran are set to resume diplomatic engagement this Friday as officials from both countries prepare for nuclear talks in Muscat, the capital of Oman. A U.S. official confirmed on Wednesday that the...

Illinois Joins WHO Global Outbreak Network After U.S. Exit, Following California’s Lead

Illinois will join the World Health Organizations Global Outbreak Alert and Response Network (GOARN), marking a significant public health move following the United States official withdrawal from the WHO last month....

U.S.-Iran Nuclear Talks Expected in Oman Following Venue Change Request

Nuclear negotiations between the United States and Iran are expected to take place in Oman on Friday, according to a report by Axios journalist Barak Ravid, who cited an Arab source familiar with the matter. The upcoming...

Trump Extends AGOA Trade Program for Africa Through 2026, Supporting Jobs and U.S.-Africa Trade

President Donald Trump has signed legislation extending the African Growth and Opportunity Act (AGOA), a key U.S.-Africa trade program, through December 31, 2026. The extension is retroactive from September 30, 2025,...

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

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...

Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies

Nvidia is reportedly nearing a major investment deal with OpenAI, signaling a significant development in the global artificial intelligence landscape. According to sources cited by Reuters, the chipmaking giant is in...

Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate

Artificial intelligence startup Anthropic is reportedly preparing a major secondary share sale that would allow some employees to sell shares at a valuation of at least $350 billion, according to a recent Bloomberg report....

AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock

Advanced Micro Devices (AMD) delivered a solid quarterly earnings beat, topping Wall Street expectations on both revenue and profit, yet its stock slipped in extended trading after the company projected a sequential...

Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns

Nintendo shares fell sharply on Wednesday after the Japanese gaming giant reported weaker-than-expected fiscal third-quarter results, intensifying investor concerns over profitability and margins tied to its highly...