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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

South Korean Customs Service investigates illegal cryptocurrency trade

Feb 01, 2018 04:13 am UTC| Digital Currency

The Korean Customs Service (KCS) is investigating the use of digital currencies in illegal foreign exchange business in the country. In an official announcement, the KCS said that a total of 637.5 billion won...

Digital Currency Revolution

SBI Virtual Currencies to only support Ripple’s XRP at launch

Feb 01, 2018 03:11 am UTC| Digital Currency

SBI Holdings has announced that SBI Virtual Currencies (SBI VC) will exclusively list Ripples XRP token at launch. First announced in October 2016, SBI Virtual Currencies will provide exchange services for digital...

Digital Currency Revolution

Venezuelan President signs petro cryptocurrency whitepaper, pre-sale starts February 20

Jan 31, 2018 10:48 am UTC| Digital Currency

Despite Venezuelan parliament declaring Petro cryptocurrency as illegal, President Nicolas Maduro is marching ahead to launch the cryptocurrency. Bitcoin.com reported that Maduro has announced the pre-sale of petro and...

Digital Currency Revolution

Central bankers likely to discuss cryptocurrencies at G20

Jan 31, 2018 10:06 am UTC| Digital Currency

Major central bank chiefs are expressing their concerns over the growing use of cryptocurrencies. Bank of Japan Governor Haruhiko Kuroda on Wednesday urged firms offering cryptocurrency services to have ample security...

Digital Currency Revolution

Japanese chat giant LINE to set up cryptocurrency exchange

Jan 31, 2018 09:11 am UTC| Digital Currency

Japanese messaging app giant LINE has announced its plans to enter the cryptocurrency market. LINE Corporation announced on Wednesday a new company, LINE Financial Corporation, in order to strengthen its position in the...

Digital Currency Revolution

FxWirePro: ETH/USD trades below 20-DMA, good to go short on break below trend line support at 1011

Jan 31, 2018 08:35 am UTC| Digital Currency

ETH/USD failed to hold above 20-DMA on Tuesday and plunged to 1011 levels. It is currently trading at 1098 levels at the time of writing (Kraken). On the upside, immediate resistance is seen at 1119 (20-DMA) and a break...

Digital Currency Revolution

FxWirePro: BTC/USD finds trend line support at 9560, bias bearish, good to go short on decisive break below

Jan 31, 2018 07:06 am UTC| Digital Currency

BTC/USD broke below the trend line support on Tuesday and dropped to 9514 levels. It is currently trading at 9990 levels at the time of writing (Bitstamp). On the topside, resistance is seen at 10134 (1h 20-SMA) and a...

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Economy

Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms

U.S. President Donald Trump announced on Friday that the United States will impose a 100% tariff on imports from any country that enforces digital services taxes (DSTs) on American technology companies, significantly...

US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated

The U.S. dollar edged lower on Friday, extending its decline for a second consecutive session after a six-day winning streak pushed the greenback to its strongest level since May 2025. Despite the modest pullback, the...

Gold Price Ends Lower for Fourth Week Despite Rebound as Fed Rate Hike Bets Strengthen

Gold prices rebounded more than 1% on Friday but still finished the week in negative territory, as renewed expectations of Federal Reserve interest rate hikes and a stronger U.S. dollar continued to pressure the precious...

Wall Street Ends Lower as AI Stocks Drag Markets, Fed Rate Outlook Shifts

Wall Street closed slightly lower on Friday, capping a difficult week for U.S. equities as technology stocks led the decline. With geopolitical tensions easing following diplomatic progress in the Middle East and oil...

South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks

South Koreas benchmark KOSPI index suffered a steep selloff on Friday as investors dumped technology and semiconductor stocks following Apples latest price increases and reports that OpenAI may delay its highly anticipated...

Politics

US Seizes Nearly 400 Illegal World Cup Streaming Domains in Global Anti-Piracy Crackdown

U.S. authorities have seized nearly 400 internet domains that were allegedly used to illegally stream FIFA World Cup matches, marking one of the largest anti-piracy enforcement actions tied to the global soccer tournament....

Iran Revolutionary Guards Claim Strike on U.S. Military Positions After Fresh U.S. Attack

Irans Islamic Revolutionary Guard Corps (IRGC) announced on Saturday that it had targeted U.S. military positions across the region in retaliation for what it described as a fresh U.S. military strike against Iran,...

Texas Approves Bible-Inclusive Reading Lists for Public Schools Starting in 2030

Texas has approved new mandatory reading lists for public school students that include passages from the Bible, marking the latest move by state leaders to incorporate conservative and religious values into public...

US Strikes Iran After Strait of Hormuz Attack as Ceasefire Tensions Escalate

The United States launched military strikes against Iran on Friday following an Iranian drone attack on a commercial cargo vessel in the Strait of Hormuz, further escalating tensions despite a ceasefire agreement reached...

NATO Strengthens Arctic Defense as Russia Expands Military Presence

As NATO ramps up efforts to reinforce its Arctic defenses, alliance members are investing in military capabilities to counter Russias growing presence in the strategically important High North. The initiative comes as...

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

Italy Investigates Microsoft Over Microsoft 365 AI Subscription Price Hike

Italys antitrust authority has launched an investigation into Microsoft over allegations of unfair commercial practices tied to the pricing changes for its Microsoft 365 subscription service. The probe focuses on whether...

SpaceX, Charter Communications Explore Mobile Partnership to Expand Starlink Wireless Service

SpaceX and Charter Communications are reportedly in executive-level discussions about forming a strategic partnership that could accelerate the expansion of consumer mobile services across the United States. According to a...

OpenAI IPO Delay Weighs on SoftBank Shares as AI Valuation Concerns Grow

SoftBank Group (TYO:9984) shares tumbled sharply on Friday after a report suggested that OpenAI is considering postponing its highly anticipated initial public offering (IPO), delaying what many investors had expected to...

Apple Supplier Stocks Slide as Samsung, SK Hynix Lead Selloff After Apple Price Hikes

Apples major Asian suppliers came under heavy selling pressure on Friday after the iPhone maker announced significant price increases for its MacBook and iPad lineup, fueling concerns that rising semiconductor costs are...

Samsung, SK Hynix to Unveil Record AI and Semiconductor Investment Plans Worth Over $646 Billion

South Korean technology giants Samsung Electronics and SK Hynix are preparing to unveil sweeping long-term investment strategies centered on semiconductors, artificial intelligence (AI), and next-generation technologies,...