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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

NFT: Melania Trump releases new NFTs, 'American Christmas' ornaments for charity

Sep 23, 2022 10:04 am UTC| Business Digital Currency Investing

Melania Trump is offering new non-fungible tokens (NFT) again, and the former first lady of the United States is sending part of the proceeds to the foster care community to fund the childrens education via...

Digital Currency Revolution

NFT: Funko, Warner Bros partner for DC Comics' NFT release

Sep 22, 2022 09:00 am UTC| Business Digital Currency Investing

Funko and Warner Brothers have inked a deal to release digital collectibles featuring DC Comics. The leading pop culture lifestyle brand headquartered in Everett, Washington and Warner Bros. Consumer Products (WBCP) are...

Digital Currency Revolution

NFT: PGA TOUR teams up with Tom Brady’s Autograph to create an NFT platform

Sep 21, 2022 08:42 am UTC| Business Digital Currency Investing

PGA TOUR and Autograph signed a multi-year partnership deal to launch a non-fungible token (NFT) platform to let fans own remarkable moments in the history of golf. To put it simply, this collaboration gives new meaning to...

Digital Currency Revolution

Cryptocurrency: Prosecutors are convinced Do Kwon is ‘on the run’ but Terraform founder denies the claim

Sep 19, 2022 08:53 am UTC| Business Digital Currency Investing

Terraform Labs founder, Do Kwon, is on the run, according to South Korean prosecutors. They said that the wanted businessman who was accused of massive fraud after his cryptocurrency firm collapsed in May is obviously in...

Digital Currency Revolution

NFT: South Korea’s Seongnam city to jump into the Metaverse, to issue NFT citizenship

Sep 16, 2022 09:05 am UTC| Business Digital Currency Investing

Seongnam is South Koreas 12th most populated city, and it revealed its plans to jump into the metaverse and non-fungible token. It said that it would be recreating the entire city in the virtual space and issuing NFT...

Digital Currency Revolution

NFT: Epic Games debuts its first NFT Game on the marketplace

Sep 16, 2022 07:57 am UTC| Business Digital Currency Investing

Epic Games Inc., the developer of the Fortnite free-to-play Battle Royale game, has launched its very first non-fungible token (NFT) game title on its marketplace. The American video game and software developer and...

Digital Currency Revolution

NFT: GameStop introduces NFT trading cards as added perks for its rewards program members

Sep 15, 2022 10:07 am UTC| Business Digital Currency Investing

GameStop announced it has added a new perk for members of its loyalty program. The move is also another step as the company dives deeper into the virtual space. The Grapevine, Texas-headquartered video game, consumer...

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Economy

The NBA’s Phoenix Suns were recently valued at more than US$2 billion by Sportico and US$1.8 billion by Forbes.

Amazon founder Jeff Bezos, ex-Disney CEO Bob Iger, Oracle co-founder Larry Ellison, and Steve Jobss widow Laurene Powell Jobs have been named as parties interested in acquiring the Phoenix franchises after majority owner...

The deal allows the Boston-based Rapid7 to feature its logo on the team playing jerseys and practice tops from the start of the 2022/23 season

The NHLs Boston Bruins have secured their first multi-year jersey patch partnership deal with cybersecurity firm Rapid7. The deal allows the Boston-based Rapid7 to feature its logo on the team playing jerseys and...

With its acquisition of Stone Brewing, which operates on both the US Pacific and Atlantic coasts, Sapporo has secured US production bases that can help reduce logistics costs.

Sapporo Breweries Ltd. gained a couple of bases to expand in the US following its $168 million acquisition of California-based craft beer producer Stone Brewing Co. Sapporos subsidiary, Sapporo U.S.A. Inc., bought Stone...

The companies believe more people will spend more in virtual department stores and amusement parks as they spend more time online.

South Koreas retail giants, Shinsegae and Lotte have ignited their competition in the virtual world, which is emerging as new a future growth engine. The companies believe more people will spend more in virtual...

Technological collaboration between South Korea and the US has improved thanks to investments made by major US corporations.

South Korea received a combined $1.15 billion investment pledge to build plants, RD centers, and other facilities from seven US semiconductor and secondary battery industry firms. In the midst of the pandemic and...

Politics

The EU's executive said the members states must have a common policy on requests by Russians to enter the EU.

Vladimir Putins order to partially mobilize Russias reserve troops led to an exodus of Russians trying to escape from getting the call. The European Union said its members need to issue joint positions on Russians trying...

The Senate ratified the Kigali Amendment to the 1987 Montreal Protocol by 69-27.

The United States Senate this week ratified an amendment to the Montreal Protocol that would phase out the use of greenhouse gases contributing to global warming. The chamber ratified the Kigali Amendment that would end...

Truss reportedly informed Israeli foreign minister Yair Lapid about her review of relocating the British embassy to the contested city.

British Prime Minister Liz Truss is reportedly considering moving the British embassy in Tel Aviv to Jerusalem. Truss apparently told Israeli foreign minister Yair Lapid on the sidelines of the UN General Assembly in New...

Iranian President Ebrahim Raisi said the "acts of chaos" in the demonstrations are unacceptable.

The death of 22-year-old Mahsa Amini in the custody of Irans Morality Police has sparked widespread unrest in the country, which has escalated into violence. Iranian President Ebrahim Raisi warned against the violence as...

UN human rights envoy for Myanmar Tom Andrews warned countries not to take any measures that would legitimize the junta's planned elections.

Myanmar has been in a state of unrest since February last year, when the generals seized power in a coup and ousted the countrys elected government. With the junta planning elections that would take place next year, a...

Science

Celltrion will receive US$10 million in milestone payments after successfully passing key stages of the development and approval cycle.

South Koreas Celltrion Inc. will jointly develop and work on the market release with Abpro Corp. of the US on a breast cancer treatment candidate ABP 10 Under the deal, Celltrion will receive US$10 million in milestone...

Current Canadian and American management efforts do not go far enough to decrease entanglement hazards and encourage the recovery of the North Atlantic right whale.

The Monterey Bay Aquariums Seafood Watch program added the American red lobster, caught in both US and Canada to its red list. Other species also added to the list are the snow crab, Atlantic rock crab, and others that...

The microscope unit, which also manufactures industrial endoscopes and x-ray analyzers, will be transferred to Bain on January 4, subject to antitrust regulatory approvals in Japan and elsewhere.

Olympus had agreed to sell its microscope unit to private equity firm Bain Capital for $3.1 billion as it speeds up the overhaul of its business portfolio to focus solely on medical technology The microscope unit, which...

The research team discovered that steamed mealworms emit a strong, corn-like odor, and when grilled or fried, they gave off a shrimp and frying oil-like scent.

South Korean researchers from Wonkwang University have developed a new process that uses edible insects to create meat-flavored seasoning. The research team came up with 98 volatile compounds with varying amounts of...

The resulting thermoplastic resin could be purified through a distillation process to make food-grade potassium lactate.

Wind turbine blades could eventually be recycled into gummies according to a Michigan State University professor, This was discussed during the American Chemical Societys fall conference, which kicked off in Chicago...

Technology

Satya Nadella is ‘very confident’ that Microsoft will get approvals to acquire Activision Blizzard

Microsoft made headlines recently as its proposed Activision Blizzard buyout of nearly $69 billion is undergoing heavy scrutiny from regulators worldwide. But CEO Satya Nadella said he is very confident the deal will be...

CD Projekt Red celebrates ‘Cyberpunk 2077’ for having 1 million daily visitors in the last week

CD Projekt Red revealed that at least one million players have opened Cyberpunk 2077 in the past week. Online charts show that the daily numbers of concurrent players are also climbing up, especially after the release of...

Microsoft’s 2022 Surface event is happening on October 12

Fall is typically the season when the biggest tech companies unveil new flagship products every year. And Microsoft just confirmed that it would once again host a Surface event next month, where it is expected to unveil...

Twitch rejects calls for a 70/30 revenue split and announces it will standardize 50/50 share from subscriptions

Twitch announced upcoming changes to its policy on revenue share from subscriptions. The update, which will be implemented next year, will primarily affect streamers who are under a premium agreement with the...

Pixel 7 leak suggests Google is not planning to increase prices this year

Googles Pixel launch event is happening in a few weeks, but details about the Pixel 7 series pricing may have already leaked. And the company may not be planning to implement price increases for its new flagship phones...