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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

Bitcoin Investors Maintain $10B Holdings Despite Price Slipping Below $60K

Aug 28, 2024 09:25 am UTC| Digital Currency Technology Business

Long-term Bitcoin holders have accumulated over $10 billion, even as the cryptocurrencys price has fallen below $60,000, indicating a cautious stance in the market. Bitcoin Holders Reach $10B Mark An analyst claims...

Digital Currency Revolution

TON Blockchain Overcomes DOGS-Induced Outage, Restores Online Block Production

Aug 28, 2024 08:25 am UTC| Digital Currency Technology Business

The TON blockchain has returned online after an outage caused by the DOGS memecoin airdrop, with block production resuming early on August 28. TON Back Online After Outage The blockchain that is part of the Telegram...

Digital Currency Revolution

Australia's $122 Million Crypto Scam Losses in 12 Months Highlight Growing Deepfake Threat

Aug 28, 2024 04:33 am UTC| Digital Currency Technology Business

In the past 12 months, Australians have lost $122 million to cryptocurrency scams, with the growing use of deepfake technology making these frauds more convincing and widespread, according to the Australian Federal...

Digital Currency Revolution

Bitcoin Plummets Below $59K: What Are the Reasons for the Latest Price Drop?

Aug 28, 2024 04:16 am UTC| Digital Currency Technology Business

Bitcoins value has dropped below $59,000, causing alarm among investors. Several factors, including significant whale activity and macroeconomic concerns, appear to be driving the decline. Bitcoin Drops Below $59K,...

Digital Currency Revolution

TON Network Experiences Major Outage Amid High Traffic from New Memecoin DOGS

Aug 28, 2024 03:13 am UTC| Digital Currency Technology Business

The Telegram Open Network (TON) has experienced a significant outage, ceasing block production for over three hours due to a surge in traffic from the newly launched DOGS memecoin. TON Fails to Generate New Block For...

Digital Currency Revolution

Bitcoin Bulls Eye Rally as US Fed's Rate Cut Threatens to Undermine the Dollar

Aug 28, 2024 02:52 am UTC| Digital Currency Technology Business

Bitcoin enthusiasts brace for a potential surge as the US Federal Reserves expected rate cut in September threatens to drive the dollar to new lows, sparking excitement in the crypto market. Feds Rate Cut Could Spark a...

Digital Currency Revolution

Bitcoin Mining Firm Ionic Faces Potential Liquidation By Celsius Creditors

Aug 28, 2024 02:31 am UTC| Digital Currency Technology Business

Ionic Digital Inc., a Bitcoin mining company co-owned by former Celsius clients, faces potential liquidation as shareholders grow frustrated with financial delays and management changes. Liquidation Concerns Grow Amid...

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Economy

Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data

Gold prices moved higher in Asian trading on Friday, supported by a weakening U.S. dollar and strong expectations that the Federal Reserve will cut interest rates at its upcoming December 910 meeting. Spot gold rose 0.5%...

Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification

Asias equity capital markets are poised for another strong year as a surge of high-profile IPOs from China and India attracts global investors seeking diversification beyond U.S. assets. In 2025, Asian ECM...

Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures

Spains industrial sector posted a moderate yet encouraging rise in October, with industrial output increasing 1.2% compared to the same month last year, according to new data released by the National Statistics Institute...

European Stocks Rise as Markets Await Key U.S. Inflation Data

European stock markets edged higher on Friday as investors looked ahead to the delayed release of the Federal Reserves preferred inflation metric, a key indicator ahead of next weeks policy meeting. By early European...

European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure

European oil and gas equities are entering 2026 on a more cautious footing as J.P. Morgans latest EU Oils Outlook highlights tightening valuations and growing concerns over a projected global oil oversupply. Despite Brent...

Politics

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...

China’s Expanding Maritime Military Presence Alarms Taiwan and Japan

Taiwan and Japan expressed growing concern on Friday over Chinas expanding military activity across East Asian waters, following a Reuters report revealing Beijings largest maritime deployment to date. According to...

Honduras Election Turmoil Intensifies as Nasralla Blames Trump for Shift in Results

Honduran presidential candidate Salvador Nasralla says last-minute interference by former U.S. President Donald Trump undermined his chances in the countrys tightly contested election. Speaking with Reuters, Nasralla, a...

Australia and Japan Strengthen Defence Cooperation Amid Rising Regional Tensions

Australian Defence Minister Richard Marles will travel to Japan on Saturday for high-level defence talks with his counterpart, Shinjiro Koizumi, as both nations deepen security cooperation in response to growing regional...

U.S. Justice Department Orders Intensified Probe Into Antifa and Domestic Extremist Groups

U.S. Attorney General Pam Bondi has directed federal law enforcement agencies to significantly ramp up investigations into the antifa movement and other groups deemed potential domestic extremist threats, according to an...

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

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...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...