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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

UAE's bitcoin startup closes its doors

May 25, 2016 04:17 am UTC| Digital Currency

YellowPay, a funded bitcoin payments company built for The Middle East and North Africa, has ceased its operations for undisclosed reasons, members of its founding team told CoinDesk. Founded in 2014, the company, the...

Digital Currency Revolution

Life.Sreda launches new venture fund to invest in blockchain startups

May 24, 2016 12:14 pm UTC| Digital Currency

Singapore-based venture fund Life.Sreda is launching a new venture fund to help banks invest in blockchain startups which will provide start-up capital for early stage blockchain companies. The venture fund named...

Digital Currency Revolution

Co-founder of start-up 21 unveils bitcoin based software

May 24, 2016 10:42 am UTC| Digital Currency

Co-founder of 21 and venture capitalist Balaji Srinivasan unveiled new payment software aiming at helping developers build applications based on bitcoin transactions. During Consensus 2016 conference in New York this...

Digital Currency Revolution

OKWave partners with Breadwallet to offer Bitcoin services

May 24, 2016 10:11 am UTC| Digital Currency

Japanese QA site OKWave has announced that it has entered into a strategic partnership with Bitcoin wallet Breadwallet, in order to provide Bitcoin related services on the platform. With the integration of Breadwallet...

Digital Currency Revolution

mBit Bitcoin casino kicks off Ledger Race

May 24, 2016 09:09 am UTC| Digital Currency

In a bid to facilitate the largest distribution of Bitcoin hardware wallets ever done at a point in time, mBit casino, a leading online Bitcoin casino with hundreds of different games, has commenced the Ledger Race on...

Digital Currency Revolution

Antpool wants hard fork code to be included in a release of Bitcoin Core

May 24, 2016 09:04 am UTC| Digital Currency

Bitmain which runs one of the top two Bitcoin mining pools in the world, Antpool would like to see the hard fork code discussed in the Hong Kong agreement implemented in a release of Bitcoin Core. Bitmain CEO Jihan Wu...

Digital Currency Revolution

Five U.S. National Guardsmen Accused For Bitcoin Scam

May 24, 2016 05:15 am UTC| Digital Currency

Five members of the District of Columbia National Guard were charged for allegedly using bitcoin to buy stolen credit card numbers and make fraudulent purchases at various stores on military bases. According to the...

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Economy

Oil Prices Drop as Strait of Hormuz Shipping Recovers

Global oil prices declined sharply on Wednesday as concerns over supply disruptions in the Middle East eased following the recovery of shipping traffic through the Strait of Hormuz. Brent crude and U.S. West Texas...

Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers

U.S. President Donald Trump has asked Congress to approve more than $11 billion in additional farm aid to help American farmers cope with soaring fuel and fertilizer expenses linked to the recent Iran conflict. According...

Gold Falls Below $4,000 as Strong Dollar and Fed Rate Hike Expectations Weigh on Prices

Gold prices extended their losses on Wednesday, with spot gold dropping below the key $4,000 per ounce level for the first time since November 2025. The decline came as a stronger U.S. dollar and renewed expectations of...

U.S. Dollar Reaches One-Year High as Tech Sell-Off and Fed Rate Hike Expectations Support Demand

The U.S. dollar strengthened on Wednesday, climbing to its highest level in more than a year as investor demand for safe-haven assets increased amid weakness in technology stocks and continued expectations of Federal...

Wall Street Ends Mixed as Tech Stocks Struggle Ahead of Micron Earnings

Wall Street closed mixed on Wednesday as investors remained cautious toward technology stocks ahead of Micron Technologys highly anticipated earnings report. Concerns surrounding semiconductor stocks and the broader...

Politics

Pelosi Discloses Major Intel and Uber Call Option Purchases Worth Up to $6 Million

Representative Nancy Pelosi has disclosed a new financial transaction report revealing that her spouse, Paul Pelosi, purchased substantial call options in Intel Corporation (NASDAQ: INTC) and Uber Technologies Inc. (NYSE:...

Trump Orders DOJ Investigation Into Exxon, Chevron Over High Gas Prices

President Donald Trump announced that the U.S. Department of Justice (DOJ) is investigating ExxonMobil, Chevron, and other major oil companies over persistently high gasoline and natural gas prices. The move comes amid...

NATO Chief Tries to Ease Trump Alliance Dispute

NATO Secretary-General Mark Rutte sought to reduce tensions with U.S. President Donald Trump during a White House meeting on Wednesday, emphasizing that most NATO allies have continued to support the United States despite...

U.S. Reviewing Potential F-35 Fighter Jet Sale to Turkey Amid S-400 Dispute

The United States is reviewing the possibility of selling F-35 fighter jets to Turkey, according to comments made by U.S. Vice President JD Vance on Wednesday. The move signals a potential shift in relations between...

White House Seeks $1.4 Billion to Combat Growing Ebola Outbreak

The White House is preparing to request more than $1.4 billion in emergency funding from Congress to strengthen the response to the rapidly expanding Ebola outbreak, according to a Trump administration official. The...

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

Micron Stock Surges on Strong AI Demand, Record Revenue, and Bullish Q4 Forecast

Micron Technology (NASDAQ: MU) delivered a stronger-than-expected fiscal third-quarter performance and issued an optimistic outlook for the fourth quarter, sending its shares up nearly 9% in after-hours trading. The...

Anthropic AI Model Uncovers Vulnerabilities in Classified U.S. Government Systems During Security Test

Anthropics advanced artificial intelligence model identified vulnerabilities in classified U.S. government computer systems during a recent security testing exercise, according to a report by the Associated Press citing a...

Samsung Electronics Stock Surges on Report of Massive $59 Billion Share Buyback Plan

Samsung Electronics shares rallied sharply on Wednesday after a report suggested the company could launch a substantial share buyback program worth nearly 90 trillion won ($59 billion) over the next three years. The...

SK Hynix Moves Closer to New York ADR Listing Amid AI Chip Boom

South Korean memory chip giant SK Hynix is reportedly preparing to take a major step toward a U.S. market debut by filing documents for an American Depositary Receipt (ADR) offering with South Koreas financial regulator....

Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock

Cerebras Systems delivered a strong revenue outlook for 2026 that exceeded Wall Street expectations, but investors remained cautious as the companys profit margin forecast highlighted the challenges of competing with AI...