"Magnetricity” – Is this word new to you? It should be. You know the flow of electron makes the current. If the magnet produce the current means? So here is the name they given to the latest and hottest discovery. Magnetic Electricity. Researchers have discovered this single magnetic charges that behave and interact like electrons. This was only discovered in spin ice crystal, which make use of the magnetic monopoles. Magnetic monopole were first predicted a century ago. There are proton and electrons exists in monopole but there is no particle which carry the charge. It is found only in the Spin ice crystal. This discovery leads this material may be used in future in magnetic memory storage device.