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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

Digital Currency and Blockchain Weekly Round-up, August 19th 2016

Aug 19, 2016 10:17 am UTC| Digital Currency

Bitcoin criminal cases might represent new type of fraud: UK SFO The UK Serious Fraud Office (SFO) has stated that it is aware that digital currency bitcoin is being increasingly used by criminals. The agency said that...

Digital Currency Revolution

Bitcoin investment app Keza to re-launch after its acquisition by SCI

Aug 19, 2016 09:58 am UTC| Digital Currency

Keza, a New York-based bitcoin investment startup that announced its closure in April, is set to re-launch the services after its acquisition by Philippines- based company Satoshi Citadel Industries (SCI), Bitcoin.com...

Digital Currency Revolution

FxWirePro: BTC/USD upside capped by 9-day MA, good to sell on rallies  

Aug 19, 2016 07:41 am UTC| Digital Currency

BTC/USD is trading in anarrow range between $579.80 and $566 for the past three trading session.It is currently trading at $570.97 (Bitstamp). Long-term trend: bullish Ichimoku analysis (Daily chart): Tenkan-Sen...

Digital Currency Revolution

FxWirePro: BTC/EUR faces strong resistance at 21-day MA, good to sell on rallies

Aug 19, 2016 07:41 am UTC| Digital Currency

BTC/EUR is seen trading slightly above on Friday after the plunge. The pair has slightly jumped till 528 yesterday and declined from that level (CEXIO). It is currently trading around 515.06 at the time of...

Digital Currency Revolution

LTC/EUR trades below 21-day MA, decline till 2.90/2.63 likely

Aug 18, 2016 12:25 pm UTC| Digital Currency

LTC/EUR is seen recovering slightly on Thursday after the plunge. The pair has slightly recovered till 3.20 at the time of writing from the low of 3.1570 levels (BTCE) made yesterday. It is currently trading around 3.20 at...

Digital Currency Revolution

FxWirePro: ETH/EUR struggles to close above 10 level, good to sell on rallies

Aug 18, 2016 11:19 am UTC| Digital Currency

ETH/EUR is seen trading slightly above on Thursday after the plunge. The pair has slightly recovered after making a low of 9.510 but not able close above psychological 10 level (KRAKEN). It is currently trading at 9.70 at...

Digital Currency Revolution

LTC/USD trades flat, takes support close to 3.50

Aug 18, 2016 11:16 am UTC| Digital Currency

LTC/USD continues to trade flat on Thursday and currently trades at 3.60 levels at the time of writing (BTC-e). The pair seems to have taken support near 3.50 levels and is trying to sustain above this levels. Ichimoku...

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Economy

Why China’s economy has hit a wall

Chinas annual parliamentary meetings in Beijing came to a close on March 11. They were conducted under great pressure: a weak economy and high expectations from both the domestic public and international observers as to...

Vladimir Putin’s gold strategy explains why sanctions against Russia have failed

There are more than 16,000 sanctions imposed against Russia. Yet the Russian economy and war machine grew by 3.6 per cent in 2023 and is projected to grow another 2.6 in 2024. Nearly six per cent of Russias gross...

Mentorship is key to improving social and economic outcomes for Black youth

Black youth in Canada experience poorer educational achievement than other children and youth, which leads to subsequent poor economic outcomes. A series of problems and barriers contribute to poor educational outcomes....

There’s an extra $1 billion on the table for NT schools. This could change lives if spent well

The federal and Northern Territory governments have just made a historic funding announcement of about A$1 billion for schools in the territory. This includes an extra $737.7 million from the federal government and an...

Undersea cables for Africa’s internet retrace history and leave digital gaps as they connect continents

Large parts of west and central Africa, as well as some countries in the south of the continent, were left without internet services on 14 March because of failures on four of the fibre optic cables that run below the...

Politics

China's Commerce Minister to Advocate EV Sector in Europe Amid Subsidy, Tariff Probe

Chinas Commerce Minister Wang Wentao is set to visit Europe in April to address concerns and advocate for the Chinese electric vehicle (EV) industry amid a European Commission investigation into alleged unfair...

Chinese Hackers Target US Officials and Dissidents in Cyber Espionage Scheme

Seven nationals of the Peoples Republic of China (PRC) face charges for a long-term cyber espionage campaign targeting political dissidents and officials in the US, marking a significant escalation in international cyber...

SpaceX Builds Spy Satellites for US; Russia Warns of Military Response

Russia has issued a stark warning to the United States, stating that the use of SpaceXs satellites for espionage could render them targets for military action. This follows revelations that SpaceX is constructing a spy...

Deepfakes are still new, but 2024 could be the year they have an impact on elections

Disinformation caught many people off guard during the 2016 Brexit referendum and US presidential election. Since then, a mini-industry has developed to analyse and counter it. Yet despite that, we have entered 2024 a...

Science

How do airplanes fly? An aerospace engineer explains the physics of flight

Airplane flight is one of the most significant technological achievements of the 20th century. The invention of the airplane allows people to travel from one side of the planet to the other in less than a day, compared...

The mystery of consciousness shows there may be a limit to what science alone can achieve

The progress of science in the last 400 years is mind-blowing. Who would have thought wed be able to trace the history of our universe to its origins 14 billion years ago? Science has increased the length and the quality...

What is minoxidil, the anti-balding hair growth treatment? Here’s what the science says

Hair loss (also known as alopecia) often affects the scalp but can occur anywhere on the body. Its very common and usually nothing to worry about; about half of Australian men show signs of visible baldness at age 50 and...

Our survey of the sky is uncovering the secrets of how planets are born

When we look out to the stars, it is typically not a yearning for the distant depths of outer space that drives us. When we are looking out there, we are truly looking back at ourselves. We try to understand our place in...

Archeoastronomy uses the rare times and places of previous total solar eclipses to help us measure history

Total solar eclipses have fascinated and terrified people for centuries. Today, we know that total solar eclipses like the upcoming eclipse on April 8 are caused by a cosmic coincidence when the moon comes between the...

Technology

Porsche Recalls 1,000 Taycan EVs Over Battery Issue

Porsche Cars North America Inc. released a recall notice for its Taycan electric car units. Based on the reports, the company issued the recall due to the risk of a short circuit caused by the battery. Porsche recalls...

Shiba Inu Community, Binance Stir Crypto World; Token Burns Fuel Market Surge

In a striking turn of events, the Shiba Inu community has reacted to Binances provocative statement declaring everyone an NFT amidst a significant uptick in SHIB token burns that spurred its market value. The meme coins...

Amazon One App Launches Palm-Scanning Sign Up; Palm Pay Available at Whole Foods, Panera

Amazon now allows users to set up palm recognition for seamless payments at Whole Foods, Panera, and other locations directly from their smartphones. Amazon One Expands with Mobile App for Easy Palm Recognition...

Crypto ATM Installations Set to Skyrocket, Driven by Bitcoin FOMO, CEO Predicts

As the crypto industry anticipates a surge in Bitcoin interest post-halving, Bitcoin Depot CEO Brandon Mintz predicts a significant resurgence in crypto ATM installations worldwide. This optimism follows a decline in 2023...
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