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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

Metaverse: Deutsche Telekom, SK Telecom join forces to bring metaverse to Europe

May 09, 2022 10:09 am UTC| Business Investing Digital Currency

Deutsche Telekom and SK Telecom have signed a strategic deal to form an alliance and bring the latters metaverse platform to the European market. The South Korean telecom firm shared the news about its new partnership deal...

Digital Currency Revolution

NFT: Judge rules Hermes’ case against Mason Rothschild’s 'MetaBirkins' NFT can proceed

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

Hermes International S.A, the French luxury goods company, took legal action against an artist, Mason Rothschild, for selling the MetaBirkins non-fungible tokens. The design house is the maker of the expensive Birkin bags...

Digital Currency Revolution

Metaverse: Samsung Electronics to create its own virtual world

May 09, 2022 09:17 am UTC| Business Investing Digital Currency

Samsung Electronics is building its own metaverse, and this was revealed late last week by the companys own vice chairman and device experience division head, Han Jong Hee. He shared the plan during a workgroup...

Digital Currency Revolution

Blockchain: Square Enix sells iconic ‘Tomb Raider,’ ‘Deus Ex’ games to raise cash for Blockchain biz, Sony reportedly a possible buyer

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

Square Enix, a Japanese entertainment and video game company, revealed its interest in exploring the Blockchain business. For this, it is selling its iconic games so it can invest in the digital system that uses...

Digital Currency Revolution

Cryptocurrency: Gucci to accept crypto payments in its stores

May 06, 2022 09:59 am UTC| Business Digital Currency Investing

Gucci has dived into non-fungible tokens (NFTs) and the metaverse, and these efforts in the digital space have now evolved deeper as it becomes the latest luxury brand to accept cryptocurrency as payments. According to...

Digital Currency Revolution

Metaverse: Com2uS, Hanmi Healthcare ink deal to bring health services to metaverse

May 05, 2022 11:01 am UTC| Business Digital Currency Investing

Com2uS Studios, a South Korean mobile and online game development/publishing company launched in 1998, recently signed a deal with Hanmi Healthcare to bring and promote health services business in the Metaverse. The...

Digital Currency Revolution

Cryptocurrency: Binance launches crypto card to help Ukrainian refugees

Apr 27, 2022 08:49 am UTC| Business Investing Digital Currency

Binance cryptocurrency platform announced that it has launched a card that will be of help to the Ukrainians who were displaced due to the war. The card will allow the refugees to send and receive crypto payments as well...

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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...