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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

Mt. Gox Empties Wallets After $370,000 BTC from Kraken—Is a $2.85 Billion Repayment Next?

Sep 25, 2024 14:22 pm UTC| Digital Currency Technology Business

After receiving $370,000 BTC from Kraken, Mt. Gox emptied four wallets, leading to speculation that the exchange may soon initiate further repayments. With 44,899 BTC ($2.85 billion) still in reserve, the exchange hasnt...

Digital Currency Revolution

Shiba Inu (SHIB) Nears Major Profit Spike as Price Targets Key Breakout

Sep 25, 2024 14:01 pm UTC| Digital Currency Technology Business

Shiba Inu (SHIB) is on the verge of a substantial profit increase, with nearly half of its holders currently making money as the price steadies around $0.00001499. A breakthrough above the crucial $0.00001700 level could...

Digital Currency Revolution

Crypto Hackers Weaponize Auto-Replies to Install Hidden Mining Software

Sep 25, 2024 13:41 pm UTC| Digital Currency Technology Business

Hackers are exploiting auto-reply emails from compromised accounts to distribute XMRig crypto mining software, targeting Russian businesses and banks, cybersecurity firm Facct reports. This method tricks victims into...

Digital Currency Revolution

Bitcoin's Price Could Rise as Sustained ETF Inflows Buoy Demand Amid Spot Slump

Sep 25, 2024 13:23 pm UTC| Digital Currency Technology Business

Despite waning spot market activity, sustained ETF inflows could buoy Bitcoins price, Bitfinex researchers suggest. With $136 million pouring into Bitcoin ETFs, analysts see potential for price support during a...

Digital Currency Revolution

Can cryptocurrencies ever be green?

Sep 25, 2024 12:37 pm UTC| Insights & Views Digital Currency

Cryptocurrencies have been condemned over their environmental record at a time when traditional investments have been rapidly moving towards greener environmental, social and governance (ESG) values. So how long will it be...

Digital Currency Revolution

비트코인 가격 6만3600달러, 반등 멈추고 Fed 신호 대기

Sep 25, 2024 02:16 am UTC| Digital Currency

이코노타임즈에 따르면, 비트코인 가격은 화요일(현지시간) 자본 유입이 지속되는 가운데 최근 반등이 주춤하며 횡보했다. 이번 주 예정된 미국 금리 관련 여러 신호에 시장의 관심이 집중되고 있다. 세계 최대 암호화폐인 비트코인은...

Digital Currency Revolution

비트코인 다시 상승하는 5가지 이유

Sep 25, 2024 01:55 am UTC| Digital Currency

비트코인이 다시 상승세를 보이며 지난주 10% 상승해 약 6만4000달러에 거래되고 있다. 현지시간 월요일 번스타인(Bernstein)의 보고서에 따르면, 이 상승세는 거시경제 변화에서 시장 심리 변화까지 여러 요인에 의해...

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Economy

India Budget 2026: Modi Government Eyes Reforms Amid Global Uncertainty and Fiscal Pressures

Indias central government is set to present its annual budget on Sunday, a closely watched event as Prime Minister Narendra Modis administration seeks to accelerate domestic reforms while navigating rising global...

China Home Prices Rise in January as Government Signals Stronger Support for Property Market

Average prices of new homes across 100 major Chinese cities recorded an increase in January, while price declines in the secondary housing market continued to narrow, according to a private survey. The data suggests early...

South Korea Exports Surge in January on AI Chip Demand, Marking Fastest Growth in 4.5 Years

South Koreas exports recorded a strong start to the year, rising for an eighth consecutive month in January and posting their fastest growth in four and a half years, driven largely by booming global demand for AI servers...

Russia Stocks End Flat as MOEX Closes Unchanged Amid Mixed Global Signals

Russian stocks finished Saturdays trading session slightly lower overall, with the benchmark MOEX Russia Index closing unchanged at 0.00% in Moscow. Market sentiment remained cautious as investors weighed mixed...

China Factory Activity Slips in January as Weak Demand Weighs on Growth Outlook

Chinas factory activity contracted at the start of the year, highlighting persistent pressure from weak domestic demand despite continued policy support from Beijing. An official survey released on Saturday showed that...

Politics

Trump Says Fed Pick Kevin Warsh Could Win Democratic Support in Senate Confirmation

U.S. President Donald Trump has expressed confidence that his nominee to lead the Federal Reserve, Kevin Warsh, could secure votes from Senate Democrats during what is expected to be a closely watched and potentially...

Christian Menefee Wins Texas Special Election, Narrowing GOP House Majority

Democrat Christian Menefee has won a Texas special election for the U.S. House of Representatives, according to the Associated Press, a result that further tightens Republicans slim majority in the chamber. Menefees...

Trump’s Iraq Envoy Mark Savaya Ousted Amid U.S.-Iraq Tensions Over Iran Influence

Mark Savaya, who was named by U.S. President Donald Trump as special envoy for Iraq in October, is no longer serving in that role, according to multiple sources familiar with the decision. The reported removal comes at a...

Keir Starmer Urges Prince Andrew to Testify in U.S. Epstein Investigation

British Prime Minister Keir Starmer has called for former Prince Andrew to testify before a U.S. congressional committee following new revelations about his long-standing links to disgraced financier and convicted sex...

U.S. Government Enters Brief Shutdown as Congress Delays Funding Deal

The U.S. government entered a partial shutdown early Saturday after Congress failed to finalize a funding agreement before a midnight deadline, temporarily halting a range of federal operations. The shutdown officially...

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

Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate

Speculation around a potential Musk Inc has resurfaced as Elon Musks companiesSpaceX, Tesla, and xAIexplore closer ties amid rapid advances in artificial intelligence and automation. With SpaceX expected to go public later...

SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz

SpaceX delivered a strong financial performance last year, generating an estimated $8 billion in profit on revenues between $15 billion and $16 billion, according to people familiar with the companys results. The figures,...

SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom

SpaceX has revised its Starlink privacy policy to allow customer data to be used for artificial intelligence training, a move that could significantly support Elon Musks broader AI ambitions. The policy change comes as...

Nvidia’s $100 Billion OpenAI Investment Faces Internal Doubts, Report Says

Nvidias ambitious plan to invest up to $100 billion in OpenAI, aimed at supporting the training and operation of next-generation artificial intelligence models, has reportedly hit a roadblock. According to a report...

Federal Judge Signals Possible Dismissal of xAI Lawsuit Against OpenAI

A U.S. federal judge has signaled she may dismiss a high-profile lawsuit filed by Elon Musks artificial intelligence startup, xAI, against rival OpenAI, dealing a potential setback to Musk in an escalating legal battle...