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Wed, Jul 28, 2021 03:10 PM All times are UTC Edition :

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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

Crypto banks' savings rates are ten times greater than high street, but are they safe?

Jun 20, 2021 12:04 pm UTC| Digital Currency

Leading crypto banks such as BlockFi and Nexo are attracting a lot of attention. Customers can earn an APY (annual percentage yield) of up to 12%, dwarfing high-street savings accounts, whose interest rates are sub-1%. But...

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...

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...

Digital Currency Revolution

What Elon Musk's bitcoin U-turn means for the future of crypto

May 16, 2021 11:29 am UTC| Digital Currency Investing

Teslas relationship with cryptocurrencies has been a stop-start rollercoaster. In February, the electric vehicle manufacturer announced it had purchased US$1.5 billion (1.1 billion) of bitcoin and planned to accept the...

Blockchain Revolution Series

Digital Currency Revolution

How nonfungible tokens work and where they get their value – a cryptocurrency expert explains NFTs

Apr 04, 2021 10:23 am UTC| Technology Digital Currency

Takeaways · Nonfungible tokens prove ownership of a digital item image, sound file or text in the same way that people own crypto coins. · Unlike crypto coins, which are identical and worth the same,...

Digital Currency Revolution

Bitcoin may now be used for Starbucks transactions

Apr 02, 2021 00:06 am UTC| Digital Currency

Starbucks customers can now use Bitcoin, gift cards, and frequent flyer miles to reload their Starbucks cards through the coffee chains app. While Starbucks doesnt directly accept cryptocurrencies, the Bakkt App allows...

Digital Currency Revolution

India to criminalize cryptocurrency possession, trading

Mar 15, 2021 23:55 pm UTC| Law Digital Currency

India will propose a law criminalizing possession, issuance, trading, mining, and transferring crypto-assets in the country. The bill, one of the worlds strictest cryptocurrency policies, is in line with a government...

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Economy

Popeyes finally releases its chicken nuggets

Popeyes finally released its chicken nuggets, and along with the launch, the fast-food chain unveiled its latest food donation campaign. The restaurant gained much attention when it added its own chicken sandwich on the...

Activision Blizzard criticized as employees sign a petition for the management to recognize the seriousness of the issue

Activision Blizzard is currently dealing with heavy backlash from its employees, not just because of the previously reported frat boy culture at the workplace but also due to how the company responded to the lawsuit that...

Walmart adds full college tuition and book payments to part-time and full-time employees

Walmart revealed on Tuesday, July 27, that it will be paying for its staffs full college tuition fees, including the books. The company will shoulder the college schooling of its around 1.5 million full and part-time...

Starbucks, Nestle extend collaboration to bring ready-to-drink coffee to Southeast Asia, Latin America, and Oceania

Starbucks and Nestle just made an announcement that they will be extending their collaboration to be able to distribute ready-to-drink coffee to other parts of the world. To be more specific, the companies strategic...

Campbell's redesigns its cans after 50 years

Campbells soup cans were redesigned for the first time in 50 years, so customers will see new labels when they purchase the popular canned soup products. While the color scheme remained white and red, the font may change a...

Politics

South China Sea: US says China's sovereignty claims over waters have no basis under international law

Several countries in South East Asia are at odds against China over its sweeping claims of sovereignty over the South China Sea even after a tribunal ruled against it. This week, the US Defense Chief reiterated that Chinas...

Russia: Vladimir Putin commissions warplanes to be used in case of nuclear war

Countries are on the alert for Russias military activities as tensions remain over certain issues. This week, the Kremlin has commissioned the construction of two new military warplanes in case a nuclear war may...

Capitol insurrection: Video footage of rioters assaulting police officers played during first committee hearing

Law enforcement officials took the most beatings during the January 6 insurrection, resulting in dozens of officials severely injured from the violence. During the House Select Committees first hearing, a new video edit of...

Jovenel Moise assassination: Haitian leader's security coordinator arrested

A few weeks following the assassination of Haitian President Jovenel Moise, he was laid to rest last week. In another development in the investigation, Haitian authorities have arrested and detained Moises security...

Joe Biden weighs in on vaccine mandate for federal workers as VA makes vaccine mandatory for health workers

With the rising cases among Americans who have not been vaccinated, Joe Biden and his administration have been ramping up efforts in ensuring more people get their shots. Biden this week weighed in on making vaccinations...

Science

Hyundai Mobis develops brainwave analyzer to prevent drowsy driving

Hyundai Mobis developed a brainwave detection device dubbed M. Brain to alert motor vehicle operators against drowsy driving or sudden health issues. The M.Brain analyzes brainwaves to determine the drivers health...

Osaka University ties up with town of Okoppe to turn cow poop into methanol using LEDs

Researchers from the Osaka University and the town of Okoppe are conducting studies to produce methanol by illuminating biogas from cow manure with LEDs. Experiments were conducted at an agricultural and scientific...

Big bang: how we are trying to 'listen' to it – and the new physics it could unveil

Exactly what happened at the beginning of the universe, 14 billion years ago, is one of the greatest mysteries in physics theres no simple way to probe it. Thats because, in its early stages, the universe was filled with...

S. Korean researchers reveal method of using fat insects in producing eco-friendly biodiesel

South Korean researchers announced a method of producing environment-friendly fuels by utilizing the remains of high-fat black soldier flies. The method uses leftover fat from black soldier flies to produce animal feed,...

Nestlé, PepsiCo, and Suntory debut world’s first enzymatically recycled bottles

A consortium that includes Nestlé, PepsiCo, and Suntory has produced the worlds first food-grade PET plastic bottles from enzymatically recycled plastic using Carbios recycling process. The bottles that have been...

Technology

‘Pokémon Unite’ gets first post-launch character and its Gardevoir

Just a week after Pokémon Unite officially launched on Nintendo Switch, the game received its first-ever addition. Gardevoir was added to the roster on early Wednesday, adding another powerful choice to the list of...

‘GTA V’ is leaving Xbox Game Pass in a couple of weeks

GTA V has to be one of the biggest additions to the Xbox Game Pass library this year. However, subscribers may be losing their free access to the popular game soon just when the rumor mill started picking up clues that...

‘Animal Crossing: New Horizons’ version 1.11 goes live on July 29

It has been a while since Animal Crossing: New Horizons received an update with a lineup of free content, but the drought is finally ending this week. Nintendo has announced the official release date for version 1.11,...

Facebook offers free silicone cover amid Oculus Quest 2 recall due to skin irritation reports

Facebook will recall Oculus Quest 2 units worldwide and postpone its sales for a few weeks due to reports that the VR headsets foam padding is causing skin irritation on some users. For existing owners of the device, the...

‘Fortnite’ survey hints at possible D’Amelio sisters, Selena Gomez, and ‘Naruto’ collaborations

Collaboration with major brands and franchises, internet personalities, and successful artists have become a major part of Fortnite in recent years. And fans may already have the list of the most likely celebrities and...