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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

Episode 1 of TechCrunch’s “Trust Disrupted: Bitcoin and the Blockchain” goes live

Oct 11, 2016 05:03 am UTC| Digital Currency

TechCrunch started an exclusive web series on its YouTube Channel on October 10 that is based on bitcoin and blockchain technology. Produced by Stateless Media and TechCrunch, the series Trust Disrupted: Bitcoin and the...

Digital Currency Revolution

BTC/EUR trades above 100- day MA, jump till 575/600 likely

Oct 11, 2016 04:08 am UTC| Digital Currency

BTC/EUR is seen trading slightly above on Tuesday. The pair has recovered sharply from the low of 546.78 made yesterday (COINBASE). It is currently trading around 557.48 at the time of writing. Ichimoku analysis of...

Digital Currency Revolution

LTC/USD trades rangebound, break below 3.78 confirms bearishness

Oct 10, 2016 11:51 am UTC| Digital Currency

LTC/USD is struggling to break above 21-DMA and is currently resting near 3.78 levels, where it currently trades (BTC-e). Ichimoku analysis of daily chart: Tenkan Sen: 3.81 Kijun Sen: 3.81 Trend reversal: 3.86...

Digital Currency Revolution

ETH/USD continues downtrend, decline till 10.65 likely

Oct 10, 2016 11:29 am UTC| Digital Currency

ETH/USD has declined sharply after hitting 13.50 levels and has broken below 200-day MA. It is currently trading at 11.66 levels (Kraken). On 22 September 2016, Ethereum announced that it was under distributed denial of...

Digital Currency Revolution

Jaxx blockchain wallet adds support for Augur’s Reputation tokens

Oct 10, 2016 10:46 am UTC| Digital Currency

Jaxx, a leading multi-platform software wallet by Decentral, has partnered with Ethereum-powered prediction market Augur and added support for Augurs Reputation token (REP) on its platform. Bitcoin.com reported that...

Digital Currency Revolution

Indian bitcoin startup Zebpay seeks $5m series A funding

Oct 10, 2016 10:11 am UTC| Digital Currency

India-based bitcoin startup Zebpay is looking to raise series A funding of around $4-5 million and expects to close the investment by next month, The Economic Times reported. The startup is in talks with several Indian...

Digital Currency Revolution

BTC/USD breaks above 100-DMA, targets 630

Oct 10, 2016 07:18 am UTC| Digital Currency

BTC/USD has broken above 100-day MA and has hit 616.47 levels so far in the day. It is currently trading at 614.50 levels (Bitstamp). Long-term trend: Bullish Short-term trend: Bullish Ichimoku analysis of daily...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Politics

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

NFL, NBA, NASCAR Stars Resolve $2.4M Voyager Promo Lawsuit

NFL icon Rob Gronkowski, NBA player Victor Oladipo, and NASCAR driver Landon Cassill have collectively agreed to a $2.4 million settlement in a lawsuit concerning their roles in promoting the now-defunct cryptocurrency...

Grayscale's Ethereum ETF Twist: Withdraws Application Days Before SEC Verdict

In a dramatic turn of events, Grayscale shocked the cryptocurrency community by retracting its application for an Ethereum futures exchange-traded fund just days before the SECs looming decision deadline. This cast doubt...

Tesla Cybertruck Incident: Owner's Finger Injury Raises Safety Alarms

In a risky demonstration gone wrong, a Cybertruck owners attempt to prove its safety features backfired, resulting in a finger injury and stirring debates about the vehicles design and safety algorithms. Unexpected...

US Revokes Intel, Qualcomm Licenses Amidst Chip Sales Restrictions on Huawei

In a significant escalation of trade restrictions, the United States has revoked licenses from leading semiconductor manufacturers Intel Corp. and Qualcomm Inc., obstructing Huawei Technologies Co.s access to vital chip...

Binance CEO Discloses $150 Million Bribe Amidst Tensions with Nigerian Government

Binance, the renowned cryptocurrency exchange, disclosed that Nigerian government authorities demanded a staggering $150 million in bribes to quell legal actions against its executives, igniting a fierce dispute between...