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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.

Blockchain Revolution Series

Digital Currency Revolution

Bitcoin And Blockchain Startups Make It To Top 70 At Pioneers Festival 2016

May 13, 2016 09:17 am UTC| Digital Currency

Bitwala, a Netherlands-based digital currency payments solutions firm, and Ledger, a French blockchain startup, have been selected among the top 70 startups at the Pioneers Festival 2016, a major event for future...

Digital Currency Revolution

Digital currency is the way of the future, says Winklevoss Twins

May 13, 2016 08:05 am UTC| Digital Currency

Entrepreneurs Cameron and Tyler Winklevoss, co-founders of Gemini which is a virtual bitcoin exchange, speaking to Bloomberg during SALT conference in Las Vegas said that cryptocurrency is the way of the future. When...

Digital Currency Revolution

Palantir Technologies Refutes Ownership Claims Of Bitcoin Mining Service CoinFac Limited

May 13, 2016 05:29 am UTC| Digital Currency

In rather surprising news, Palantir Technologies has clarified that it is not involved with CoinFac Limited, a technology company, that recently announced its plans to introduce the next generation quantum computing...

Digital Currency Revolution

Mystery Mining Pool BitClub Gives $65,000 To Bitcoin Foundation

May 13, 2016 05:27 am UTC| Digital Currency

The Bitcoin Foundation on Thursday received 146 BTC ($65,000) from BitClub after half of the proceeds from bitcoin transaction was sent as a fee, given by the recipient mining pool. The bitcoin mining pool BitClub,...

Digital Currency Revolution

In Search Of Mysterious Bitcoin Founder, Satoshi Nakamoto

May 12, 2016 12:33 pm UTC| Digital Currency

An Australian entrepreneur Craig Wright on Monday claimed to be the creator of digital currency revolution Bitcoin. Craig Steven Wright has become known last December when both Wired and Gizmodo reported that he might...

Digital Currency Revolution

Barack Obama To Make A Move On Bitcoin, Says Former CFTC Comissioner

May 12, 2016 11:45 am UTC| Digital Currency Technology

The former commissioner of the Commodity Futures Trading Commission, Bart Chilton advised Obama to take a reasonable approach to digital currency and blockchain technology. Writing for the Op-Ed section in CNBC, Bart...

Digital Currency Revolution

Japanese Blockchain Company Tech Bureau Raises $6.2 Mln

May 12, 2016 11:08 am UTC| Digital Currency

Tech Bureau, a blockchain company headquartered in Osaka, has raised $6.2 million through a third party allocation as part of the Series A round. According to the official press release, Tech Bureau drew support from...

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Economy

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...

Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows

Malaysias central bank has announced new measures to support the ringgit after the currency weakened more than 4% in June, driven largely by foreign investor caution and expectations of higher U.S. interest rates. Bank...

Bessent Says U.S. Must Strengthen Supply Chains and Economic Security

U.S. Treasury Secretary Scott Bessent said the Trump administration is focused on strengthening supply chain resilience to protect critical industries from economic disruptions, pandemics, geopolitical conflicts, and...

South Korea Remains MSCI Emerging Market Despite Reform Progress

South Korea will remain classified as an emerging market by MSCI after the global index provider decided not to upgrade the country to developed market status in its latest market accessibility review released on Tuesday....

South Korea’s KOSPI Rebounds as Samsung and SK Hynix Lead Tech Stock Recovery

South Koreas benchmark KOSPI index staged a strong recovery on Wednesday, climbing 3.4% to 8,480.21 points after suffering a sharp sell-off in the previous session. The rebound was driven largely by gains in major...

Politics

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...

ICC Judges Sue Trump Administration Over Sanctions, Calling Measures Unlawful

Three International Criminal Court (ICC) judges have filed a lawsuit against U.S. President Donald Trump and his administration, challenging sanctions imposed on them and arguing that the measures are unlawful and...

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...