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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

What is DeFi and why is it the hottest ticket in cryptocurrencies?

Aug 26, 2020 10:52 am UTC| Digital Currency

One area in cryptocurrencies attracting huge attention is DeFi or decentralised finance. This refers to financial services using smart contracts, which are automated enforceable agreements that dont need intermediaries...

Digital Currency Revolution

Fidelity Lauds Bitcoin By Calling It As ‘Aspirational’ Store of Value’

Jul 30, 2020 07:40 am UTC| Research & Analysis Digital Currency Commentary

Various Wall Street players like JP Morgan to Wells Fargo, are involved in the constant technological upgradation like blockchain deployment and buzzing crypto and tokenization trend, yet another banking giant, Fidelity...

Digital Currency Revolution

Spotlight on Bakkt & CME BTC Futures With Mounting Institutional Interests As Bitcoin Bulls Halt $11k

Jul 29, 2020 12:48 pm UTC| Digital Currency Insights & Views

Bitcoin price action (BTCUSD at Coinbase) has been resounding, as it rebounds above $11k mark. Bulls are on the verge of 1-year highs after decisive breakout of long-lasting range with the stern bullish candle yesterday...

Digital Currency Revolution

Lambda256 joins South Korea project to develop technology that could track illegal dark web transactions

Jul 20, 2020 10:31 am UTC| Technology Digital Currency

South Korean blockchain firm Lambda256 is joining a national research and development (RD) project on cybercrime activity tracking technology as one of the projects joint research institutes. The project is scheduled to...

Digital Currency Revolution

Regulatory Series on Cryptocurrencies: A Glimpse At CBDC In H2’2020

Jul 13, 2020 08:03 am UTC| Digital Currency

With sovereign governments and their central banks across the globe have been exploring the essence and the opportunities of CBDC (Central Bank Digital Currency) foreseeing a swift transformation phase in the prevailing...

Digital Currency Revolution

US CFTC Recognizes Digital Transformation And Hints Holistic Framework On Digital Assets

Jul 09, 2020 06:22 am UTC| Research & Analysis Digital Currency

The Commodity Futures Trading Commission has recently announced the finalization of the agencys 2020-2024 Strategic Plan. The plan was unanimously approved by the Commission in May and was subject to a 30-day comment...

Digital Currency Revolution

Cryptocurrency Derivatives Series: Brazil’s SEC CVM Orders Cryptocurrency-Exchange Binance To Stop Futures Trading

Jul 07, 2020 07:06 am UTC| Digital Currency

Brazils Securities and Exchange Commission (CVM) prohibits Binance crypto derivatives trading eyeing regulatory obstacles. The Comissao de Valores Mobiliários (CVM), the regulatory watchdog of securities in...

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Economy

Afghanistan inks $160 million solar and wind power deal with US, Turkey, India.

Afghanistan signed a $160 million solar photovoltaic and wind power project deal with the US Agency for International Development (USAID), Turkey, and India that will bolster its grid by 110 megawatts in the next 16...

UAE, Israel eye energy, infrastructure cooperation

The energy ministers of the UAE and Israel explored possible investment opportunities in energy, infrastructure, oil, gas, and renewable energy in a video call on Wednesday. The two countries also focused on advanced...

S. Korean healthcare and cosmetics exports surge 42% in August

South Korea exported US$1.69 billion worth of pharmaceuticals, cosmetics, and medical devices in August, up 42 percent from a year ago. According to data from the Korea Health Industry Development Institute (KHIDI), the...

CaixaBank's acquisition of Bankia to create Spain's largest bank

CaixaBank will acquire state-owned Bankia in an all-share deal that would create Spains largest bank with total assets exceeding $786.6 billion. The deal will help the companies tackle dwindling profitability due to the...

Dubai’s DP World to work with Israel’s DoverTower in bid for Haifa Port

Dubai state-owned DP World is teaming up with Israels DoverTower in a joint venture that will bid in the privatization and to conduct a study on opening a direct shipping line between the two Middle East states. Haifa...

Politics

Joe Biden endorsed by nearly 500 former top military and national security officials

Since the report from the Atlantic revealing Donald Trumps disparaging comments regarding fallen military officials, the relationship between Trump and the military has since gone under strain. As the weeks narrow down...

Michelle Obama: Ex-FLOTUS says ignore Donald Trump's conspiracy theories about mail-in voting

Despite voting in a similar manner himself during the state elections and primaries, Donald Trump and his allies have repeatedly claimed that mail-in voting, especially at this time of a pandemic, would lead Americans to...

Melania Trump, Donald Trump booed upon visit to Supreme Court to pay respects to Ruth Bader Ginsburg

The passing of Justice Ruth Bader Ginsburg has led to a partisan clash as to when her replacement is to be selected, with Donald Trump pushing to nominate a new Justice by the weekend. As he and first lady Melania Trump...

Donald Trump claims FDA's potential strengthening of guidelines for COVID-19 vaccine is a political move

Donald Trump has repeatedly claimed that a COVID-19 vaccine would be ready sometime before the election. Following news of the Food and Drug Administrations potential plans to consider tougher guidelines when it comes to...

Science

NASA: Cyclones on Jupiter captured by Juno spacecraft

NASA is closely monitoring other planets in our solar system for signs of unusual activity in order to learn more about the universe. The Juno spacecraft was able to capture unusual weather within the gas giant as it...

Aliens: Experts claim to develop technology that could potentially detect life outside Earth

Along with exploring asteroids and other planets and phenomena in space, scientists are also looking for possible signs of life. In an effort to ultimately answer the question of whether or not we are alone in the...

COVID-19 cure: UK-based researchers make breakthrough in finding 'druggable pocket' in coronavirus

When it comes to finding or developing a cure for the coronavirus or COVID-19, scientists are still in the midst of research and development with some already moving on to preliminary testing. As a definitive cure for the...

Aliens: Scientists present technique to detect water on exoplanets in search for life

In space exploration, scientists are also closely monitoring the cosmos for signs of alien life. A group of astronomers from the United Kingdom have proposed a method to find a certain building block of life on...

Technology

‘Among Us’ is getting a new stage and location following the sequel’s cancellation

Among Us developer and publisher InnerSloth confirmed that the sequel it announced just a little more than a month ago has been canceled. However, fans might still welcome this decision as it also paves the way for the...

‘Starfield’ was close to being a PlayStation 5-exclusive title, report says

Bethesda Game Studios track record in making video games is enough to increase expectations on Starfield. It was then not surprising that Sony reportedly negotiated for the new IP to be initially exclusive on PlayStation...

‘Spider-Man: Remastered’: PlayStation 5 upgrade won’t be free and won’t be sold separately

Marvels Spider-Man had been a critically acclaimed game when it launched in 2018, so it is not surprising that it is one of the first PS4 games to get remastered for PlayStation 5. There are some caveats, though. The...

Naughty Dog hints at ‘exciting things planned’ for ‘The Last of Us’ Day

The Last of Us Part 2 developer Naughty Dog recently announced it is changing the name of an annual event for its fans. It has also somehow led to speculations that the highly requested online multiplayer could be...
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