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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

Japanese firms to launch digital currency exchanges to tap bitcoin growth potential

May 02, 2017 06:45 am UTC| Digital Currency

Japanese firms are increasingly looking to tap into the growth potential of bitcoin and other cryptocurrencies as the government exempted virtual currencies from consumption tax. In March 2017, the Japanese National...

Digital Currency Revolution

Bitcoin startup 21 introduces ’21.co lists’ to earn money online

May 02, 2017 05:51 am UTC| Digital Currency

21, a San Francisco-based bitcoin startup, has come up with a new feature 21.co Lists, where individuals can join lists of people with similar skills in order to start receiving targeted, paid microtasks. Users have to...

Digital Currency Revolution

Cryptocurrency exchange Poloniex adds support for Gnosis token

May 02, 2017 05:44 am UTC| Digital Currency

Leading cryptocurrency exchange Poloniex has announced that it has added support for Gnosis token on its platform. Founded by Martin Kppelmann and Stefan George, Gnosis is a decentralized prediction platform built on...

Digital Currency Revolution

Norges Bank assesses future form of money, considers digital currency concept

May 02, 2017 04:59 am UTC| Digital Currency Fintech

Norway central bank has joined the list of central banks that are researching the concept of digital currencies. Speaking at Norwegian Academy of Science and Letters, Oslo, on 25 April 2017, Jon Nicolaisen, Deputy...

Digital Currency Revolution

FxWirePro: ETH/USD hits fresh all-time high at 81.17, close above 161.8% fib targets 86

May 01, 2017 09:47 am UTC| Digital Currency

ETH/USD hit a fresh all-time high on Monday at 81.17 levels. It is currently trading at 79.60 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 64.39 Kijun-Sen: 61.09 The pair...

Digital Currency Revolution

FxWirePro: BTC/GBP hits all-time high at 1098, close above 1100 targets 1150

May 01, 2017 08:59 am UTC| Digital Currency

BTC/GBP hit an all-time high at 1098 levels on Monday and is currently trading at 1092 levels at the time of writing (Coinfloor). Ichimoku analysis of daily chart: Tenkan Sen: 1027 Kijun Sen: 1004 On the...

Digital Currency Revolution

FxWirePro: BTC/USD hits fresh all-time high at 1368, bias higher, jump till 1400 likely

May 01, 2017 07:29 am UTC| Digital Currency

BTC/USD hit a fresh all-time high for second consecutive day on Monday at 1368 levels. It is currently trading at 1363 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen:...

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Economy

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Politics

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Technology

Tesla Drivers Get $4k Off 2024 Chevy Blazer EV in Quirky Deal; Costco Auto Offers Significant Discounts on New EVs from Volvo, Chevy, Polestar, and Others

Tesla owners rejoice as Chevrolet rolls out an unprecedented $4,000 discount on the 2024 Blazer EV, open to Tesla drivers and a quirky list of EV owners. The electric vehicle market got more enticing with incentives...

Tesla Granted South Korean Emission Credit Trading Rights by Environmental Ministry

Ministry of Environments green light for Tesla to trade emission credits in South Korea marks a significant milestone, enabling the electric car giant to tap into a potentially lucrative market. With estimated credits...

US Lawmakers Push SEC for Bitcoin Options Trading Approval

In a bipartisan effort, US Representatives Mike Flood and Wiley Nickel have penned a letter to SEC Chair Gary Gensler, urging swift action in approving options trading for Bitcoin exchange-traded products (ETPs). Amid...

Solana's Future Anchored in Four Key Pillars, Developer Outlines Strategy

Vibhu Norby, CEO of Drip Haus, has outlined four essential pillars to define Solanas path forward amid a dynamic period of growth and challenges in the blockchain space. Key Strategies for Solanas Scaling and User...

Shiba Inu Magazine Details Upcoming Shibarium Hard Fork Enhancements

Shiba Inu (SHIB) lovers will get a full description of the highly anticipated Shibarium hard fork in the most recent issue of The Shib magazine. On International Workers Day, the magazine begins with a rallying cry for the...