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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

Roger Ver to chair MGT’s Cryptocurrency Advisory Board

Jun 14, 2016 10:43 am UTC| Digital Currency

MGT Capital Investments, Inc has announced the appointment ofRoger Ver, a well known and respected name in the bitcoin ecosystem,as the Chairman of the companys newly formed Cryptocurrency Advisory Board, effective...

Digital Currency Revolution

Australian bitcoin exchanges open the door for Ether

Jun 14, 2016 09:28 am UTC| Digital Currency

CoinTree and CoinLoft, two of Australias leading bitcoin exchanges have announcednew services which will enable users to purchase ether and other varieties of altcoins. As on 13 June, CoinTree users will now be able to...

Digital Currency Revolution

American Banker to hold Blockchains + Digital Currencies conference on July 28

Jun 14, 2016 09:12 am UTC| Digital Currency

American Bankers third annual Blockchains + Digital Currencies conference is scheduled to be held on July 28 in New York, which will bring together bankers, technologists, entrepreneurs and regulators to discuss the...

Digital Currency Revolution

No suitable buyer yet for ChangeTip assets; says company executive

Jun 14, 2016 08:06 am UTC| Digital Currency

ChangeTip, a startup for bitcoin micropayments is struggling to sell its assets after travel startup Airbnb acquired its engineering team for $1.25 million in April this year. According to coindesk.com, ChangeTip has...

Digital Currency Revolution

BTC/EUR retreats from high of 638, decline till 540 is likely

Jun 14, 2016 08:05 am UTC| Digital Currency

BTC/EUR lost its momentum and is trading in the red around $611.76 levels at the time of writing. The pair has made new all time high around 638.51 levels (CEXIO) yesterday and slightly declined till 608. Ichimoku...

Digital Currency Revolution

BTC/USD loses momentum, retreats below 700 levels

Jun 14, 2016 07:28 am UTC| Digital Currency

BTC/USD lost ground on Tuesday and is trading in the red at 685.99 levels, at the time of writing. The pair reached to ahigh of 725 levels (Bitstamp) on Monday, before closing at 704.49 levels. Ichimoku analysis of...

Digital Currency Revolution

Gaming cryptocurrency Breakout Coin opens crowdsale on Bittrex, raises over $172k in first hour

Jun 14, 2016 07:19 am UTC| Digital Currency

Breakout Coin, the gaming industry payment coin, commenced its public coinsale around 15 cents on Monday and sold more than $172,000 (249 BTC) in the first hour alone. The sale is being hosted by the leading cryptocurrency...

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Economy

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...

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...

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

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...

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...