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Digital Currency Revolution

Can Bitcoin become a real currency? Here's what's wrong with El Salvador's crypto plan

Jun 14, 2021 04:04 am UTC| Digital Currency Investing

Nayib Bukele, president of El Salvador, has got himself a pair of laser eyes on his Twitter profile at least. Laser eyes are something social media users give themselves to show they love cryptocurrency and Bukele...

Bitcoin: El Salvador's grand experiment

Jun 10, 2021 03:54 am UTC| Digital Currency

Around the world, bitcoin has a mixed reputation. Owning and using the cryptocurrency is legal in a majority of nations, tolerated in many others, and outlawed by a relatively small number. El Salvador has just become...

Digital Currency Revolution

Bitcoin: China's crackdown isn't enough – only a global effort can stop crypto's monstrous energy demand

Jun 08, 2021 12:31 pm UTC| Digital Currency

Huge concrete data centres, permanently plugged into power plants and telephone exchanges, maintain much of online life. But the infrastructure behind internet-based cryptocurrencies such as bitcoin, dogecoin and ethereum...

Elon Musk's breakup meme on Twitter sends Bitcoin tumbling 6%

Jun 05, 2021 06:04 am UTC| Economy Technology Digital Currency

The price of bitcoin sank by over 6 percent to $35,814 at around 8 am ET Friday after Tesla CEO Elon Musk tweeted a meme implying he had a broken heart in ending his companys relationship with the digital currency. The...

S. Korea to collect 20% cryptocurrency transactions tax starting next year

May 29, 2021 15:59 pm UTC| Economy Business Digital Currency

South Korea plans to subject cryptocurrency transactions to a 20 percent income tax on capital gains beginning next year as planned, despite growing investor calls for delaying the plan. Gains from cryptocurrency...

Massive bitcoin mine in UK stealing huge amounts of electricity discovered by police

May 29, 2021 15:22 pm UTC| Business Technology Digital Currency

The West Midlands Police in the UK uncovered an illegal bitcoin mine stealing thousands of pounds worth of electricity from the mains supply in an industrial unit in Sandwell, in the city of Birmingham while looking for a...

China begins crackdown on bitcoin mining, illegal trading activities

May 22, 2021 23:32 pm UTC| Economy Digital Currency Law

China announced that it will clamp down on bitcoin mining and trading to fend off financial risks, sharply pulling down bitcoin prices and putting it on course for weekly losses of over 15 percent. The country also...

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Economy

Iran War Fallout: How Sri Lanka, Pakistan, and Egypt Are Struggling With Rising Energy Costs

Sri Lankas tourism industry was hoping 2025 would finally mark a full recovery from years of economic hardship. Instead, the outbreak of war involving Iran sent oil prices surging 40%, forcing the government to raise fuel...

Italy's Bond Market Under Pressure as Middle East Conflict Exposes Economic Fragility

Italys financial vulnerabilities have come into sharp focus amid ongoing conflict in the Middle East, with surging energy costs and mounting political uncertainty weighing heavily on Italian government bonds. In March,...

Asia FX Slides as Dollar Surges Amid U.S.-Iran Tensions and Inflation Fears

Asian currencies broadly declined on Monday as the U.S. dollar attracted safe-haven demand following the collapse of U.S.-Iran peace negotiations and mounting concerns over a potential American blockade of Iranian ports....

Oil Prices Surge as U.S. Imposes Blockade on Iranian Shipping Amid Ongoing Middle East Tensions

Global financial markets were rattled Monday after the United States announced a blockade on Iranian shipping following the breakdown of weekend peace negotiations. The decision has renewed fears over Middle East energy...

Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further

South Koreas Bank of Korea governor nominee, Shin Hyun-song, signaled on Monday that policymakers stand ready to intervene should the Korean won experience excessive depreciation. In written statements submitted to...

Politics

U.S. Blockade of Iran Begins as Nuclear Talks Collapse in Islamabad

Tensions between the United States and Iran have sharply escalated after weekend diplomatic talks in Islamabad ended without an agreement, prompting Washington to announce a full naval blockade of Iranian ports and coastal...

U.S., Australia, and Philippines Conduct Joint South China Sea Military Drills Amid Rising Tensions With China

The United States, Australia, and the Philippines wrapped up their second trilateral maritime exercises of 2025 in the South China Sea, reinforcing their collective commitment to freedom of navigation and regional security...

South Korea and Poland Forge Comprehensive Strategic Partnership Centered on Defence

South Korean President Lee Jae-myung and Polish Prime Minister Donald Tusk formally elevated bilateral ties to a comprehensive strategic partnership on Monday, placing defence cooperation at the heart of the upgraded...

Taiwan Insists Government Must Lead Cross-Strait Engagement Amid China's New Incentives

Taiwans top security official has made clear that any response to Chinas latest proposed trade and tourism measures must be government-led, not driven by opposition party diplomacy. National Security Bureau chief Tsai...

Spain's Sanchez Urges China to Take Greater Global Leadership Role During Beijing Visit

Spanish Prime Minister Pedro Sanchez called on China to assume a more meaningful role in addressing pressing global challenges, including climate change, international security, defense, and the fight against inequality....

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

AI Deradicalization Tools: How Chatbots Could Help Combat Violent Extremism Online

As artificial intelligence platforms become more deeply embedded in daily life, concerns about their role in enabling dangerous behavior continue to grow. A New Zealand startup is now developing a groundbreaking tool that...

Meta Is Building an AI Version of Mark Zuckerberg to Interact With Employees

Meta Platforms is reportedly developing a photorealistic artificial intelligence version of its CEO, Mark Zuckerberg, designed to engage directly with employees on his behalf. According to the Financial Times, which cited...

TSMC Posts Record Q1 2026 Profits Driven by Surging AI Chip Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) is on track to deliver its fourth straight quarter of record-breaking earnings, with analysts forecasting a 50% jump in net profit for the first quarter of 2026. The surge is...

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...
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