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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

Monetary Authority of Singapore warns against cryptocurrency investments

Dec 20, 2017 03:32 am UTC| Digital Currency

The cryptocurrency markets recent spurt has caught the attention of the Monetary Authority of Singapore (MAS) which has urged investors to understand the risks when considering cryptocurrency-related investments. The...

Digital Currency Revolution

We don’t see virtual currencies as actual types of currency: South Korea Financial Supervisory Service

Dec 19, 2017 10:58 am UTC| Digital Currency

Bitcoin and other digital currencies are not currencies of any kind, South Koreas Financial Supervisory Service (FSS) Governor said recently, according to Reuters. Speaking at a press conference on Tuesday, FSS governor...

Digital Currency Revolution

FxWirePro: Bears flex muscles as ETH/USD surges to fresh all-time high at 863, bias bullish, good to go long on dips

Dec 19, 2017 10:32 am UTC| Digital Currency

ETH/USD broke above 800 levels on Tuesday and has hit a fresh all-time high at 863 levels so far in the day. It is currently trading at 815 levels at the time of writing (Kraken). Ichimoku analysis (Daily...

Digital Currency Revolution

FxWirePro: BTC/USD extends consolidation, break below 7-DMA to see further downside

Dec 19, 2017 06:54 am UTC| Digital Currency

BTC/USD is extending its consolidation on Tuesday and trading at 18800 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 17171.59 Kijun Sen: 13771 The pair has been looking...

Digital Currency Revolution

France seeks bitcoin regulation debate at G20 summit, Germany joins in

Dec 19, 2017 04:47 am UTC| Digital Currency

French Finance Minister is seeking to urge G20 countries to discuss the regulation of digital currencies such as bitcoin, Reuters reported. I am going to propose to the next G20 president, Argentina, that at the G20...

Digital Currency Revolution

MAG Lifestyle Development to allow property purchases via Sharia-Compliant cryptocurrency OneGram

Dec 19, 2017 04:09 am UTC| Digital Currency

Dubai-based MAG Lifestyle Development has announced its plans to allow customers to buy properties using Sharia-compliant cryptocurrency OneGram, albawaba reported. OneGram uses blockchain technology to create a new...

Digital Currency Revolution

FxWirePro: ETH/USD consolidates in narrow range, break above 738 targets 779

Dec 18, 2017 10:36 am UTC| Digital Currency

ETH/USD is trading in a close range on Monday as it tries to hold above 7-DMA. It is currently trading at 710 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 583.71 Kijun-Sen:...

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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...