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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

Freewallet launches mobile ‘Multi Wallet’ to help manage different cryptocurrencies in one place

Aug 11, 2017 11:16 am UTC| Digital Currency

Mobile crypto-wallet developer Freewallet today announced the launch of Multi Wallet that will allow users to store, manage, and exchange different coins in one place. In its research, Freewallet found that 20% of its...

Digital Currency Revolution

Cryptocurrency firm BitBay brings Ether, Dash, and Monero trading to India

Aug 11, 2017 09:52 am UTC| Digital Currency

Leading cryptocurrency trading platform BitBay has announced that it is going to launch a cryptocurrency exchange and trade platform in India, Money Control reported. In addition to bitcoin, the startup is bringing...

Digital Currency Revolution

FxWirePro: ETH/USD rangebound, good to go long on break above double top resistance

Aug 11, 2017 09:05 am UTC| Digital Currency

ETH/USD continues to hover around 300 levels on Friday as it faces strong double top resistance at 318 levels (Bitfinex). Ichimoku analysis (Daily chart): Tenkan-Sen: 266.53 Kijun-Sen: 235.50 On the upside, a...

Digital Currency Revolution

FxWirePro: BTC/USD faces trend line resistance at 3515, good to go long on decisive break above

Aug 11, 2017 07:22 am UTC| Digital Currency

BTC/USD traded slightly higher on Friday and hit a fresh all time high at 3490.86 levels so far in the day. It is currently trading at 3463 levels at the time of writing (Bitstamp). Ichimoku analysis of daily...

Digital Currency Revolution

Cryptocurrency startup Coinbase raises $100M in Series D funding round

Aug 11, 2017 04:13 am UTC| Digital Currency

Leading digital currency exchange and wallet provider Coinbase has announced that it has raised $100 million in Series D funding. Led by IVP, the round also drew support from Spark Capital, Greylock Partners, Battery...

Digital Currency Revolution

Cryptocurrency exchange BTC-e announces action plan to return customer funds, to create new ‘BTE’ token

Aug 10, 2017 11:29 am UTC| Digital Currency

In a recent update, BTC-e cryptocurrency exchange has announced the action plan to return the funds to the customers, Forklog reported. The exchange recently announced its intention to return customer funds after law...

Digital Currency Revolution

Bitstamp cryptocurrency exchange to support ether trading

Aug 10, 2017 10:32 am UTC| Digital Currency

Leading cryptocurrency exchange Bitstamp has announced that it will add support for ether trading on its platform, effective 17 August 2017. Bitstamp said, As of Thursday, 17 August, Ethereum will be available for...

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Economy

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...

Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff

Asian stock markets closed sharply lower on Friday as investors took profits from this weeks technology-driven rally after Apple Inc.s decision to raise prices on several products reignited concerns about the...

Gold Prices Fall Below $4,000 as Strong Dollar, Fed Rate Hike Bets Weigh on Bullion

Gold prices extended their decline on Friday, falling below the key $4,000-per-ounce level as a stronger U.S. dollar and growing expectations of additional Federal Reserve interest rate hikes continued to pressure the...

SpaceX Eyes Starlink Mobile Phone Service to Challenge Verizon, AT&T, and T-Mobile

SpaceX is reportedly exploring a major expansion of its Starlink business by launching a Starlink-branded mobile phone service in the United States, a move that could position Elon Musks company as a direct competitor to...

Asian Currencies Trade Mixed as Yen Hovers Near 40-Year Low, Dollar Holds Firm on Fed Outlook

Asian currencies traded within narrow ranges on Friday as the U.S. dollar paused after a strong weekly rally, while the Japanese yen remained close to a four-decade low amid lingering concerns over potential government...

Politics

Trump Administration Rejects Claims of Rift Between JD Vance and Marco Rubio on Iran Policy

President Donald Trumps administration is pushing back against claims of internal divisions over its Iran strategy after comments from Vice President JD Vance and Secretary of State Marco Rubio appeared to reflect...

US Approves $250 Million Fighter Jet Training Sale to Australia

The United States has approved a potential $250 million military sale to Australia, reinforcing the long-standing defense partnership between the two allies. The U.S. State Department announced on Thursday that it had...

Johns Hopkins University Lays Off 110 Employees as Federal Research Funding Declines

Johns Hopkins University has announced the layoff of 110 employees following significant reductions in federal research funding, highlighting the growing financial challenges facing one of the United States leading...

Iran Attack in Strait of Hormuz Pushes Oil Prices Higher

Global oil prices climbed on Thursday after Irans Islamic Revolutionary Guard Corps (IRGC) reportedly attacked a Singapore-flagged cargo vessel in the Strait of Hormuz, reigniting concerns over Middle East tensions and...

Republican Lawmaker Introduces AI Incident Reporting Bill to Strengthen U.S. AI Safety

The United States could soon see new artificial intelligence regulations after Republican Representative Nathaniel Moran of Texas introduced the proposed AI Incident Reporting Act, a bill designed to improve transparency...

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

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,...

OpenAI May Delay IPO to 2027 Amid $1 Trillion Valuation Goal

OpenAI is reportedly considering postponing its highly anticipated initial public offering (IPO) until 2027 as it pursues an ambitious $1 trillion valuation. According to a report by The New York Times, company executives...

Kioxia Targets U.S. Listing as AI Chip Boom Accelerates

Japan-based Kioxia Holdings Corp. (TYO:285A) is preparing to launch U.S. depositary shares in the spring of 2027, a strategic move aimed at expanding its global investor base and taking advantage of growing enthusiasm for...