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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

PayPal, Venmo Streamline Crypto Transfers by Adding Ethereum Name Service (ENS)

Sep 10, 2024 22:21 pm UTC| Digital Currency Technology Business

PayPal and Venmo have integrated Ethereum Name Service (ENS) into their platforms, allowing users to send and receive crypto using human-readable usernames instead of complicated wallet addresses, improving transaction...

Digital Currency Revolution

AI Crypto Sees Gains as Apple Intelligence Introduces New AI Tools for iPhone 16

Sep 10, 2024 20:11 pm UTC| Digital Currency Technology Business

Leading AI-powered cryptocurrency When it was called Fetch, it was actually the Artificial Superintelligence Alliance (FET).AI and SingularityNET (AGIX) are two of the top 200 performing cryptocurrencies, and AI-related...

Digital Currency Revolution

Bitcoin in SpaceX’s Vault: Elon Musk’s Company Holds $471M in BTC, Arkham Reports

Sep 10, 2024 19:37 pm UTC| Digital Currency Technology Business

SpaceX, led by Elon Musk, holds 8,285 Bitcoin valued at $471.48 million, per Arkham Intelligence. The company has retained its crypto assets for over two years, showcasing its long-term confidence in Bitcoin. SpaceX...

Digital Currency Revolution

Pepe Coin Whale Moves 4 Trillion Tokens Off Bybit as PEPE Gains 5.6% Amid Market Surge

Sep 10, 2024 19:20 pm UTC| Digital Currency Technology Business

A crypto whale moved 4 trillion Pepe Coin tokens from Bybit in a $29.8 million transaction, signaling confidence in the market as meme coin values rise. Whale Moves 4 Trillion PEPE from Bybit According to data from...

Digital Currency Revolution

$100 Million Shiba Inu (SHIB) Hacker Resurfaces, Now Offloading Millions in Ethereum

Sep 10, 2024 17:03 pm UTC| Digital Currency Technology Business

After selling $100 million worth of Shiba Inu (SHIB) months ago, the hacker tied to the WazirX breach is now offloading Ethereum (ETH). The latest move marks a continued effort to liquidate assets stolen during the breach,...

Digital Currency Revolution

비트코인 가격 5만6000달러 상승, 저가 매수 및 인플레이션 주목

Sep 10, 2024 14:11 pm UTC| Digital Currency

비트코인 가격이 화요일에 상승하며, 지난주 큰 폭의 하락 이후 저가 매수세가 암호화폐 시장에 진입한 덕분에 최근 세션에서 반등세를 이어갔다. 하지만 이번 주 발표될 주요 미국 인플레이션 데이터를 앞두고 비트코인의 반등은...

Digital Currency Revolution

Crypto Gains Influence as a Key Issue in the US Election for the First Time According to Survey

Sep 10, 2024 14:10 pm UTC| Digital Currency Technology Business Politics

Cryptocurrency regulation is emerging as a pivotal issue in the upcoming US presidential election, with a majority of crypto owners factoring candidates positions on the subject into their voting decisions, according to a...

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Economy

Fed Unveils Stablecoin Rules Under GENIUS Act

The Federal Reserve has proposed a broad regulatory framework for payment stablecoin issuers, moving forward with implementation of the GENIUS Act and efforts to bring dollar-backed digital assets further into the...

U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge

The U.S. dollar strengthened for a fourth consecutive session on Thursday, reaching its highest level in nearly two months as rising oil prices, surging Treasury yields and expectations for further Federal Reserve rate...

U.S. Treasury Yields Surge as 30-Year Hits 22-Year High

U.S. Treasury yields surged again Thursday as investors sold government bonds amid rising inflation concerns, strong economic data and growing expectations that the Federal Reserve will continue raising interest rates. The...

Soybean Futures Slip as Traders Await Trump-Xi Trade Signals

Chicago soybean futures edged lower on Thursday as traders closely watched Chinese President Xi Jinpings state visit to Washington for signs of progress on U.S.-China agricultural trade and future soybean purchases. CBOT...

European Stocks Fall as Bond Yields and Geopolitical Risks Weigh

European stocks closed lower on Thursday as rising bond yields, geopolitical uncertainty in the Middle East and concerns surrounding artificial intelligence weighed on investor sentiment. The pan-European STOXX 600 dropped...

Politics

North Korea Warns South Korea Over US-Led Defense Role

North Korea warned that South Korea could become a decisive target for collective retaliation if Seoul develops into a central hub for a US-led collective defense system, according to state media KCNA on Friday. The...

Pezeshkian Says US Must Choose When Iran War Ends

Iranian President Masoud Pezeshkian said the United States holds the key to ending the Iran war, signaling that Tehran does not want the conflict to continue but will not surrender under US pressure. Asked whether the war...

Trump Asks Supreme Court to Restore Third-Country Deportations

President Donald Trumps administration asked the U.S. Supreme Court on Thursday to allow it to continue deporting migrants to countries other than their homelands without automatically giving them an opportunity to raise...

Netanyahu Defends Israel at UN as Delegates Stage Walkout

Israeli Prime Minister Benjamin Netanyahu delivered a defiant address to the United Nations General Assembly on Thursday, defending Israels military actions as dozens of delegates walked out in protest. The speech came as...

US Backs Musk in Fight Against EU’s €120 Million X Fine

The U.S. government has formally moved to join Elon Musks legal challenge against a 120 million ($136.5 million) European Union fine imposed on his social media platform X, escalating a dispute over the reach of European...

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

Jeff Bezos Invests $32 Billion in Blue Origin as Space Firm Targets Major Growth

Jeff Bezos has invested about $32 billion in Blue Origin since founding the space company in 2000, underscoring the Amazon founders long-term commitment to competing in the rapidly expanding commercial space industry....

OpenAI to Preview GPT-6 Cyber AI Model for Cybersecurity

OpenAI is preparing to preview GPT-6 Cyber, a new artificial intelligence model focused on cybersecurity, within days as the company expands its push into AI-powered security tools, according to a Fortune report cited by...

Former OpenAI Data Center Chief Chris Malone Joins Nvidia

Chris Malone, the former head of data centers at OpenAI, has joined Nvidia as vice president of its DSX Platform, strengthening the chipmakers leadership team as demand for artificial intelligence infrastructure continues...

Akamai Shares Surge on $11.6B Anthropic AI Cloud Deal

Akamai Technologies shares jumped as much as 20% in after-hours trading Thursday after the cloud computing company announced an $11.6 billion, seven-year agreement with artificial intelligence firm Anthropic. The contract...

Oracle Shares Fall as New Mexico AI Data Center Faces Power Delays

Oracle Corp. shares fell after reports that the technology giant is seeking protection from financial obligations linked to its massive artificial intelligence data center project in New Mexico amid regulatory and...