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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

New Bill Seeks To Change Fate Of Digital Currency Businesses In Wyoming

Feb 19, 2016 06:28 am UTC| Digital Currency Law

A new bill, put forward by a group of Republican and Democrat representatives and senators, seeks to amend definitions relating to the Wyoming Money Transmitter Act in order to include digital currency as a permissive...

Digital Currency Revolution

Mizuho Announces Blockchain Trial For Syndicated Loans

Feb 19, 2016 05:20 am UTC| Digital Currency

Mizuho Financial Group, one of the leading financial institutions in the world, has been involved in the blockchain space for quite some time now. The financial services giant joined the R3 blockchain consortium last...

Digital Currency Revolution

IBM To Keynote DC Blockchain Summit On March 3

Feb 19, 2016 05:14 am UTC| Digital Currency

The Chamber of Digital Commerce has announced Arvind Krishna, Senior Vice President and Director of IBM Research, as a keynote speaker at their DC Blockchain Summit at Georgetown University on March 3, 2016. The summit...

Digital Currency Revolution

BTC/USD faces strong resistance around $425, break above targets $450/$465

Feb 19, 2016 03:28 am UTC| Technicals Digital Currency

Major resistance - $425 BTC/USD has made a high of $424.90 and slightly declined from that level. It is currently trading around $421. Short term trend is slightly bullish as long as support $390 holds. On the...

Digital Currency Revolution

Burger King Arnhem Starts Accepting Bitcoin

Feb 18, 2016 11:50 am UTC| Digital Currency

Arnhem Bitcoinstad has announced that there are now 100 venues that accept Bitcoin in Arnhem, with Burger King in the city being the latest entrant in the project. The 100th participant of Arnhem Bitcoinstad is worth a...

Digital Currency Revolution

BitQuick Creates Its Own ZapChain Community

Feb 18, 2016 10:40 am UTC| Digital Currency

In order to bring together and expand the peer-to-peer trading userbase, BitQuick, a leading P2P trading platform, has announced its own ZapChain community. ZapChain describes itself as a collection of communities where...

Digital Currency Revolution

California Hospital Pays 40 Bitcoins As Ransom To Hackers

Feb 18, 2016 09:29 am UTC| Digital Currency

Hollywood Presbyterian Medical Center, a Los Angeles-based hospital, is the latest victim of a ransomware attack. The hospital paid the ransom of 40 bitcoins, worth around $16,664 dollars, demanded by the hackers. The...

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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

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...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

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

AI Protocol Render (RNDR) Soars 15% As Bitcoin Fights For Balance

As Bitcoin grapples with market volatility, altcoin Render (RNDR) stands out with a remarkable 15% surge, showcasing its resilience amid the crypto markets tumult. This surge comes as Bitcoin struggles to find stability,...

Huawei's Covert US Funding Scheme Raises Eyebrows Amid Export Ban

The revelation of Huaweis discreet sponsorship of U.S. research through a Washington-based foundation has reignited concerns about the efficacy of the export ban. Despite regulatory hurdles, the tech giant managed to fund...

Crypto.com's F1 Sponsorship Expansion Sparks Global Visibility Drive

Crypto.com, one of the top exchanges in the digital currency ecosystem, is set to expand its sporting ad budget. Notably, the trading platform is looking to expand its dominance in its push for global...

Stablecoins Set to Overtake Visa, Ripple CEO Affirms XRP and ETH Not Securities

Stablecoins are poised to challenge Visas dominance in payment volume, marking a significant shift in the crypto landscape. Meanwhile, Ripple CEO Brad Garlinghouse asserts that XRP and Ethereum (ETH) are not securities,...

Justin Sun Dominates Swell L2 with 46% of Deposits in eETH

Justin Sun, founder of Tron, has again surged into the limelight, this time for his colossal cryptocurrency deposits. The crypto tycoon, utilizing the pseudonymous address 0x7a9…3095, recently funneled a staggering...