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Initial Coin Offering Series

ASIC issues regulatory guidance on ICOs

Sep 29, 2017 05:41 am UTC| Digital Currency

The Australian Securities and Investments Commission (ASIC) has issued regulatory guidance on initial coin offerings (ICOs). The regulator clarified that whether the Corporations Act applies to an ICO will depend on the...

Initial Coin Offering Series

South Korean financial regulator bans ICOs

Sep 29, 2017 04:32 am UTC| Digital Currency

South Korea has become the latest country to pull the plug on Initial Coin Offering (ICO) related activities. In a meeting held today, the Financial Services Commission (FSC), a central government body responsible for...

Blockchain Revolution Series

ASX to reveal assessment on blockchain suitability to replace CHESS in December 2017

Sep 29, 2017 03:45 am UTC| Digital Currency

The Australian Securities Exchange (ASX) executives have given an update on their plans to replace Clearing House Electronic Subregister System (CHESS), its clearing and settlement system, using distributed ledger...

Blockchain Revolution Series

Chilean banking regulator SBIF joins R3 blockchain consortium

Sep 29, 2017 03:02 am UTC| Digital Currency

The Superintendency of Banks and Financial Institutions of Chile (SBIF) has joined the global blockchain consortium led by enterprise software company R3. The Chilean banking regulator has joined the consortium to stay...

Blockchain Revolution Series

Accenture and Hyperledger to co-host ‘Blockchain for Good Hackathon’ in Dublin

Sep 28, 2017 10:32 am UTC| Digital Currency

Consulting giant Accenture and Hyperledger, the Linux Foundation open source blockchain initiative, are going to co-host the inaugural Blockchain for Good Hackathon, scheduled to take place on September 30 and October 1 in...

Digital Currency Revolution

FxWirePro: ETH/USD hovers around 50-DMA, bias higher, good to go long on dips

Sep 28, 2017 09:19 am UTC| Digital Currency

ETH/USD has broken above 300 levels and is hovering around 50-DMA at 309 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 281.55 Kijun-Sen: 286.64 On the upside, a decisive...

Digital Currency Revolution

FxWirePro: BTC/USD breaks above 4200, bias higher, good to go long on dips

Sep 28, 2017 08:37 am UTC| Digital Currency

BTC/USD has broken above 4200 levels on the back of newly found momentum. It is currently trading at 4221 levels (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 3881.38 Kijun Sen: 3836 The pair is...

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Economy

India–US Trade Deal: Digital Tax Removal and $500 Billion Purchase Commitment Signal Major Policy Shift

India has agreed to remove its digital services tax and committed to purchasing more than $500 billion worth of American goods under a recent trade agreement with the United States, according to a White House fact sheet...

Asian Currencies Edge Higher as Dollar Retreats Ahead of Key U.S. Data

Most Asian currencies strengthened on Tuesday, tracking an overnight pullback in the U.S. dollar as its recent rebound lost momentum ahead of a busy week of key American economic data. While regional foreign exchange...

Japan Weighs Using Foreign Exchange Reserve Surplus to Fund Food Tax Cuts

Japans government is considering whether surplus funds from its massive foreign exchange reserves could be used to help finance planned cuts to the food sales tax, according to comments made Tuesday by Japanese Minister of...

Russia Condemns U.S. Sanctions as Cuba Faces Critical Fuel Crisis

Russia has warned that Cubas fuel situation has reached a critical point, blaming intensified U.S. sanctions for deepening the islands economic crisis and pledging continued solidarity with Havana and Caracas. Moscow also...

U.S. Stock Futures Steady as Investors Await Key Jobs and Inflation Data

U.S. stock futures were little changed on Monday evening as investors grew cautious ahead of key economic data releases later this week, following a mostly positive close on Wall Street. Futures tied to the SP 500 slipped...

Politics

Trump Weighs Second U.S. Aircraft Carrier Deployment as Iran Talks Resume

U.S. President Donald Trump said on Tuesday that he is considering sending a second U.S. aircraft carrier to the Middle East, a move that comes as Washington and Tehran prepare to resume diplomatic talks aimed at...

White House Reaffirms Trump’s Support for Commerce Secretary Howard Lutnick Amid Epstein Links

The White House on Tuesday publicly reaffirmed President Donald Trumps support for Commerce Secretary Howard Lutnick following renewed media scrutiny over Lutnicks past connections to convicted sex offender Jeffrey...

Trump Administration Moves to Repeal EPA Climate Endangerment Finding

The administration of U.S. President Donald Trump is reportedly preparing to repeal a key Obama-era scientific determination that has long served as the legal foundation for federal regulation of greenhouse-gas emissions....

U.S. Issues New Shipping Guidance for Strait of Hormuz Amid Rising Iran Tensions

The United States has issued new guidance for commercial vessels navigating the Strait of Hormuz, one of the worlds most critical maritime chokepoints for global oil and gas shipments, as tensions persist between...

Hong Kong Leader Defends 20-Year Sentence for Jimmy Lai

Hong Kong Chief Executive John Lee said on Tuesday that media tycoon and prominent democracy campaigner Jimmy Lai deserved the 20-year prison sentence imposed by a court earlier this week, arguing that the punishment...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Salesforce Workforce Reduction Affects Fewer Than 1,000 Roles Amid Ongoing Restructuring

Salesforce has reportedly reduced its workforce by fewer than 1,000 employees earlier this month, according to a Business Insider report published on Monday. The report cited a person familiar with the matter, though...

Trump Administration Plans Chip Tariff Exemptions for Big Tech Amid AI Data Center Push

The administration of U.S. President Donald Trump is reportedly planning to exempt major technology companies such as Amazon, Google, and Microsoft from upcoming tariffs on semiconductor chips, a move aimed at supporting...

Alphabet Plans Rare 100-Year Sterling Bond to Fund AI Expansion

Alphabet is preparing to issue a rare 100-year sterling bond as part of a broader multi-currency debt offering, marking a notable move to expand its long-term borrowing strategy to support growing investments in artificial...

Amazon Explores AI Content Marketplace With Media Publishers

Amazon (NASDAQ: AMZN) is reportedly in discussions with media publishers about launching a new artificial intelligence content marketplace designed to connect news organizations and digital content creators with companies...

Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible

Taiwan has firmly rejected calls from the United States to relocate a large portion of its semiconductor manufacturing capacity, with senior officials stressing that the islands chip industry cannot be uprooted. Taiwan...
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