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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

Coinbase Warns of Potential Hidden Risks in Ethereum Restaking Mechanism

Apr 03, 2024 04:20 am UTC| Technology Digital Currency

In a recent research report, Coinbase analysts highlight the potential hidden risks associated with Ethereums new restaking protocol, Eigenlayer, which aims to bolster yields through liquid restaking tokens...

Digital Currency Revolution

U.S. Moves $2B Silk Road Bitcoin Ahead of Potential Sale, On-Chain Clues Suggest

Apr 03, 2024 02:56 am UTC| Technology Digital Currency

On April 3, U.S. authorities initiated a significant step toward liquidating $2 billion worth of Bitcoin seized from the Silk Road, with a test transaction to Coinbase signaling imminent sale. This move marks a pivotal...

Digital Currency Revolution

Hut 8's CEO Forecasts Transformation in Mining Landscape Post-Bitcoin Halving

Apr 03, 2024 02:33 am UTC| Technology Digital Currency

In a Bloomberg interview, Hut 8 CEO Asher Genoot unveiled the expected pivotal shifts for the cryptocurrency mining sector, focusing on the Bitcoin halving on April 18. Highlighting strategies for success, Genoot...

Digital Currency Revolution

Michael Saylor's Bold BTC Endorsement Amidst Crypto Market Turmoil Grabs Attention

Apr 02, 2024 16:13 pm UTC| Technology Digital Currency

Michael Saylor, MicroStrategys Chairman, advocates for Bitcoins future amidst crypto market downturns, offering reassurance amid uncertainty. Michael Saylor Encourages Confidence in Bitcoin Amidst Market Turmoil As...

Digital Currency Revolution

Bitcoin's Price And Market Dynamics Shift As 17,000 BTC Exits Coinbase

Apr 02, 2024 16:01 pm UTC| Technology Digital Currency

Coinbase, a major cryptocurrency exchange, witnessed a significant outflow of 17,000 BTC, marking the second-largest withdrawal in a week, marked by Bitcoins price volatility and institutional interest. Coinbase Sees...

Digital Currency Revolution

Shiba Inu Token Burn Soars 2300%, Sparks Market Optimism as SHIB Eyes Recovery

Apr 02, 2024 14:00 pm UTC| Technology Digital Currency

Amid a tumultuous crypto market, Shiba Inus community-led initiative to burn 105.46 million SHIB tokens has resulted in a staggering 2307.19% surge in the burn rate, injecting a fresh wave of optimism and potentially...

Digital Currency Revolution

KNINE Token Eyes Rally as BitMart Lists Shiba Inu's Latest Crypto Venture

Apr 02, 2024 10:01 am UTC| Technology Digital Currency

In a strategic move that piqued the interest of cryptocurrency enthusiasts, Shiba Inus KNINE token, born from a collaboration with K9 Finance, has been listed on BitMart. This listing is expected to significantly influence...

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Economy

Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth

Vietnam recorded a notable month-on-month decline in trade activity in November, according to new data from the National Statistics Office (NSO). Exports fell 7.1% from October, reaching $39.07 billion, while imports...

Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook

Fitch Ratings has reaffirmed Austrias Long-Term Foreign-Currency Issuer Default Rating at AA with a Stable Outlook, underscoring the countrys strong economic fundamentals despite rising fiscal pressures. According to the...

Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut

The upcoming Federal Reserve meeting is shaping up to be one of the most closely watched and contentious in years, with investors focused on how divided policymakers are over a potential interest-rate cut and the signals...

U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut

U.S. stocks ended higher on Friday as a softer inflation reading strengthened expectations that the Federal Reserve could move forward with an interest-rate cut next week. The SP 500 climbed 0.2%, the Dow Jones Industrial...

U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut

U.S. stocks closed the week with modest gains on Friday, as investors weighed a wave of delayed economic data and maintained strong expectations for a Federal Reserve interest rate cut at next weeks policy meeting. Despite...

Politics

CFPB to Review Anti-Discrimination Policies and Fair Lending Rules Amid Policy Shift

The U.S. Consumer Financial Protection Bureau (CFPB) is preparing to convene its Consumer Advisory Board next week to review major policy changes, including a controversial proposal to scale back long-standing...

Supreme Court to Review Legality of Trump’s Birthright Citizenship Restrictions

The U.S. Supreme Court has agreed to examine the legality of President Donald Trumps directive aimed at restricting birthright citizenship, a move that could redefine a long-standing interpretation of the 14th Amendment....

Australia Imposes Sanctions on Taliban Officials Over Human Rights Abuses

Australia has announced new financial sanctions and travel bans against four senior officials of Afghanistans Taliban government, citing the worsening human rights situation in the country, particularly the escalating...

U.S. Appeals Court Rules Trump Can Remove Members of Key Federal Labor Boards

A U.S. appeals court has ruled that President Donald Trump had the authority to dismiss Democratic members of two major federal labor boards, marking a significant win for efforts to expand presidential control over...

Trump Backs Review of U.S. Childhood Vaccine Schedule After Hepatitis B Policy Change

President Donald Trump on Friday expressed support for a major shift in U.S. vaccine policy after government advisers voted to eliminate the long-standing recommendation that all newborns receive the hepatitis B vaccine at...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...