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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

Coinapult allows Colombians to buy bitcoins from kiosks machines

Jul 11, 2016 07:16 am UTC| Digital Currency

Panama-based Coinapult, the bitcoin storage providerand payment processor, has announced the launch of its new project that allows individuals in Colombia to buy bitcoin at any one of the 300 Punto Pago Kiosks across the...

Digital Currency Revolution

Blockchain Innovation launches bitcoin ATM 'BitTeller'

Jul 11, 2016 05:50 am UTC| Digital Currency

Blockchain Innovation has announced the official release of BitTeller, the worlds most affordable and portable bitcoin Automatic Teller Machine. According to the official website, bitcoins can be purchased with cash...

Digital Currency Revolution

Breakout Coin raises 851 BTC in first crowdsale, begins second crowdfunding round on Bittrex

Jul 11, 2016 05:30 am UTC| Digital Currency

Breakout Coin, a new multicurrency gaming token, has begun its second crowdfund campaign for Breakout Stake (BRX) on July 10, following its first public crowdsale for Breakout Coin (BRK) which ended on July 7, raising a...

Digital Currency Revolution

Innovative cryptocurrency LSK opens new markets in Europe and Asia for unique blockchain application platform

Jul 11, 2016 04:51 am UTC| Digital Currency

Lisk, the open-source blockchain application platform, has expanded into multiple new global markets in its first six weeks since launch, according to CEO and co-founder Max Kordek. Lisk launched officially in May this...

Digital Currency Revolution

Blockchain-based Storj Labs welcomes three new members to Technical Advisory Board

Jul 08, 2016 16:42 pm UTC| Digital Currency

Blockchain-based Storj Labs, decentralized cloud storage has announced the addition of three new members to its Technical Advisory Board. According to the companys official release, Michael Cohn, Tyler Scriven, and...

Digital Currency Revolution

Finnish company Auto-Outlet sells another Tesla for bitcoins

Jul 08, 2016 16:31 pm UTC| Digital Currency

Finland-based Auto-Outlet, a largest luxury and sports car seller, has announced that it has sold another Tesla Model S P90D for bitcoins to a couple in Prague. According to Auto-Outlet, the companydelivered the new...

Digital Currency Revolution

Bitcoin to face new rival as YoCoin takes birth

Jul 08, 2016 10:46 am UTC| Digital Currency

YoCoin, a decentralized peer-to-peer digital currency has been launched which is based on Scrypt mining algorithm that makes it easy to mine and more accessible than bitcoin. According to the official release, YoCoin...

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Economy

Dollar Holds Near Two-Month High as Yen Approaches 160

The U.S. dollar remained near a two-month high on Friday, supported by rising Treasury yields and expectations of additional Federal Reserve rate hikes, while the Japanese yen hovered near the closely watched...

Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets

Gold prices were largely unchanged on Friday but remained headed for a weekly loss of more than 3% as rising U.S. Treasury yields and elevated energy prices strengthened expectations that the Federal Reserve could raise...

Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets

Japanese bank stocks rallied on Friday as surging government bond yields and expectations for further Bank of Japan interest rate hikes strengthened the outlook for lenders profit margins. Shares of Mizuho Financial Group,...

Asian Stocks Fall as Surging Bond Yields Rattle Markets

Asian stocks mostly declined on Friday as a global bond market selloff drove long-term U.S. Treasury yields to multi-year highs, pressuring risk appetite across regional markets. Investors were also assessing the outcome...

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...

Politics

Saudi Arabia, Turkey and Pakistan Plan Urgent Defence Talks Over Houthi Attacks

Saudi Arabia, Turkey and Pakistan are preparing an urgent high-level defence meeting to discuss support for the kingdom as Houthi missile and drone attacks intensify across Saudi territory. The talks will be held under the...

Ukrainian Drone Attacks Hit Russian Regions, Injuring at Least 12

A series of Ukrainian drone attacks struck several Russian regions on Friday morning, leaving at least one person dead and more than a dozen injured while damaging industrial sites, homes and vehicles, according to Russian...

Najib Razak Seeks Stay of 15-Year 1MDB Prison Sentence

Former Malaysian Prime Minister Najib Razak has asked a court to suspend a 15-year prison sentence linked to the 1Malaysia Development Berhad (1MDB) corruption scandal, his lawyer said Friday, following a royal pardon in a...

What ‘Taiwan Independence’ Means as Xi Presses Trump on US Policy

Chinese President Xi Jinpings call for President Donald Trump to oppose Taiwan independence has renewed attention on the complicated political and historical status of Taiwan and the differing positions held by Beijing,...

Xi Calls for Deeper U.S.-China AI Cooperation in Trump Talks

Chinese President Xi Jinping called for stronger cooperation with the United States on artificial intelligence during his state visit to Washington, highlighting AI safety and human oversight as potential areas for closer...

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

SpaceXAI to Double Nvidia Chips at Colossus 2 by Year-End

Elon Musk said SpaceXAI plans to nearly double the number of advanced Nvidia AI chips operating at its Colossus 2 data center by the end of 2026, significantly expanding the computing power behind its artificial...

SoftBank Shares Fall as Oracle Flags Stargate Data Center Delay Risk

SoftBank Group shares dropped on Friday after Oracle moved to protect itself against possible delays at a major New Mexico data center, adding to investor concerns over the financing and execution risks surrounding the...

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...