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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

Bitcoin social network ZapChain to pull the plug soon

Aug 30, 2016 04:30 am UTC| Digital Currency

ZapChain, a bitcoin-powered content monetization startup headquartered in San Francisco, has announced that it will soon cease all of its operations. ZapChain will be shutting down on, or shortly after. August 31, 2016....

Digital Currency Revolution

LTC/EUR faces strong resistance at 90-day EMA, break above targets 3.78/4

Aug 29, 2016 13:06 pm UTC| Digital Currency

LTC/EUR is seen facing a strong resistance and trading above on Monday. The pair has made a temporary top around 3.50 and slightly declined from that level (BTCE). It is currently trading around 3.359 at the time of...

Digital Currency Revolution

LTC/USD bounces back, further jump only above 200-day MA

Aug 29, 2016 12:57 pm UTC| Digital Currency

LTC/USD has taken support near 21-day MA and rebounded from that level. It is hovering around 200-day MA at 3.78 levels at the time of writing (BTC-e). Ichimoku analysis of daily chart: Tenkan Sen: 3.78 Kijun Sen:...

Digital Currency Revolution

ETH/USD hovers around 200-day MA, close below confirms bearishness

Aug 29, 2016 12:55 pm UTC| Digital Currency

ETH/USD traded weak on Monday, slipping below 200-day MA before restoring to 11.05 levels at the time of writing (Kraken). Ichimoku analysis of daily chart: Tenkan Sen: 11.03 Kijun Sen: 10.50 Trend reversal:...

Digital Currency Revolution

General perception of cryptocurrencies not very encouraging

Aug 29, 2016 12:34 pm UTC| Digital Currency

Digital currencies, since their inception in 2009, have been growing and reaching more and more users globally. Bitcoin, with the first-mover advantage, has become the most widely used cryptocurrency. However, there...

Digital Currency Revolution

ETH/EUR breaks 200-day MA, close below targets 7.52

Aug 29, 2016 12:32 pm UTC| Digital Currency

ETH/EUR is seen trading above on Monday after the plunge. The pair has slightly broken from 200 day MA and declined till 9.612 (KRAKEN). It is currently trading at 9.84 at the time of writing. Ichimoku analysis of daily...

Digital Currency Revolution

Australia’s new cyber team to target money laundering and financial fraud

Aug 29, 2016 11:29 am UTC| Digital Currency

Australian Transaction Reports Analysis Centre (AUSTRAC) has established a new cyber team that will focus on identifying financing activities, money laundering and financial fraud. The announcement about the new cyber...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

Politics

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

Science

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

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...

Technology

Vanguard’s New CEO Says Bitcoin ETF Not on the Table: Report

Vanguards new CEO, Salim Ramji, has confirmed that the investment giant will not launch a Bitcoin ETF, emphasizing the firms commitment to its investment philosophy. Despite his past involvement with BlackRocks Bitcoin...

iPhone Owners Alarmed as iOS 17.5 Resurfaces Deleted Nudes, Troubling Bug Reported

A troubling bug in Apples iOS 17.5 update is reportedly resurfacing previously deleted photos, including sensitive images, causing alarm among iPhone owners. Users on Reddit and beta testers have flagged this issue,...

Shiba Inu Rep Lucie Makes Major Bullish Statement on Shibarium Coins

Lucie, the Shiba Inu teams official marketing head, has taken to her X social media account (previously known as Twitter) to declare the SHIB, BONE, and LEASH pricing behavior she expects to see during a hypothetical...

Tesla Cybertruck to Receive Full Self-Driving V12.5 Update in June, Elon Musk Announces

Elon Musk provided a new update on the Tesla FSD development, which appears to be moving faster than anticipated. FSD V12.4, which aims to enhance miles per intervention by tenfold over V12.3, is set to begin internal...
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