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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.

Blockchain Revolution Series

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up – February 23rd, 2018

Feb 23, 2018 10:32 am UTC| Digital Currency

UK Treasury launches inquiry into cryptocurrencies and DLT The U.K. Treasury on Thursday announced that it is launching an inquiry into digital currencies and distributed ledger technology (DLT). The inquiry has been...

Digital Currency Revolution

FxWirePro: BTC/USD drops below 10000 after rejection at channel top, good to go short on rallies

Feb 23, 2018 07:19 am UTC| Digital Currency

BTC/USD has dropped below the 10000 mark after it was rejected at channel top. It is currently trading at 9762 levels at the time of writing (Bitstamp). On the topside, the pair is likely to face resistance at 10043 (4h...

Blockchain Revolution Series

Digital Currency Revolution

Blockchain & Bitcoin Conference India 2018: A day with crypto experts and enthusiasts

Feb 23, 2018 05:59 am UTC| Digital Currency

The Blockchain Bitcoin Conference India brought together startups, crypto enthusiasts, legal representatives, and others under one roof. The conference was held at Hotel Radisson Blu on February 22, 2018. It featured...

Blockchain Revolution Series

Digital Currency Revolution

UK Treasury launches inquiry into cryptocurrencies and DLT

Feb 23, 2018 05:35 am UTC| Digital Currency

The U.K. Treasury on Thursday announced that it is launching an inquiry into digital currencies and distributed ledger technology (DLT). The inquiry has been launched by Treasury Select Committee and will look into the...

Digital Currency Revolution

Why energy-sapping bitcoin mining is here to stay

Feb 22, 2018 12:52 pm UTC| Insights & Views Digital Currency

The enormous use of energy needed to mine bitcoin and other cryptocurrencies is proving to be very contentious, but alternative methods pose far too much of a security risk. The recent warning that electricity use at...

Digital Currency Revolution

FxWirePro: BTC/USD faces stiff trend line resistance at 11644, break above to see further upside

Feb 21, 2018 07:01 am UTC| Digital Currency

BTC/USD failed to break above trend line resistance on Tuesday and is currently trading at 11035 levels at the time of writing (Bitstamp). On the topside, immediate resistance is seen at 11316 (50-DMA) and a break above...

Digital Currency Revolution

Venezuelan president claims Petro cryptocurrency pre-sale raises $735M

Feb 21, 2018 05:33 am UTC| Digital Currency

Venezuelan president Nicolas Maduro has announced that the sale of the countrys Petro cryptocurrency sale has raised $735 million in the first day itself, CoinDesk reported. A grandes problemas, grandes...

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Economy

Middle East Conflict Drives Dollar Surge as Yen Hits Critical Threshold

The U.S. dollar maintained its strong position on Monday, heading toward its best monthly performance since July, as escalating Middle East tensions continued to unsettle global financial markets. Investors fleeing to...

WTO Digital Trade Moratorium Expires Amid Stalled Negotiations

The long-standing global moratorium on customs duties for digital downloads and streaming services has officially lapsed, according to a senior World Trade Organization official. The expiration marks a significant turning...

Oil Prices Surge Amid Middle East Tensions as Houthi Attacks Escalate Conflict

Global oil prices climbed sharply at the start of Mondays trading session following a significant escalation in Middle East hostilities. Yemens Iran-backed Houthi group launched a missile barrage targeting Israel over the...

Asia Markets Tumble as Gulf Conflict Drives Oil Prices to Historic Highs

Asian stock markets fell sharply on Monday as investors braced for a prolonged Gulf conflict that has sent oil prices surging to their highest monthly gains in decades, raising serious concerns about global inflation and a...

Bank of Japan Signals Rate Flexibility Amid Yen Volatility

Bank of Japan (BOJ) Governor Kazuo Ueda reaffirmed on Monday that the central bank will keep a close eye on foreign exchange rate movements, acknowledging their significant influence on Japans economic outlook and...

Politics

Trump Says Iran Nuclear Deal Could Be Near as Direct Talks Progress

President Donald Trump announced Sunday that the United States is actively engaged in direct negotiations with Iran, expressing cautious optimism that a diplomatic agreement could be reached soon. Speaking to reporters...

Israel Blocks Cardinal from Palm Sunday Mass, Then Reverses Ban

Israeli authorities initially prevented Jerusalems Catholic cardinal from celebrating Palm Sunday at the Church of the Holy Sepulchre, triggering sharp international criticism before Prime Minister Benjamin Netanyahu...

Pakistan Leads Diplomatic Push to Reopen Strait of Hormuz Amid Iran War

Pakistan brought together foreign ministers from Turkey, Egypt, and Saudi Arabia in Islamabad on Sunday in a high-stakes diplomatic effort to end the ongoing Iran war and restore critical oil shipping routes through the...

Trump Eyes Military Operation to Seize Iran's Uranium Stockpile

President Donald Trump is reportedly weighing a bold military operation to physically extract nearly 1,000 pounds of uranium from Iran, according to a Wall Street Journal report citing senior U.S. officials. While no final...

Iran-U.S. Military Tensions Escalate: Markets, Universities, and the Strait of Hormuz at Risk

Geopolitical tensions in the Middle East have intensified dramatically as Irans Islamic Revolutionary Guard Corps (IRGC) issued a stark warning targeting U.S.-affiliated universities across neighboring countries. The IRGC...

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

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...

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...