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Digital Currency Revolution

CFTC files charges against New York-based company over alleged Bitcoin Ponzi Scheme

Sep 22, 2017 06:55 am UTC| Digital Currency

The U.S. Commodity Futures Trading Commission (CFTC) has filed a federal civil enforcement action against Nicholas Gelfman, of Brooklyn, New York, and Gelfman Blueprint, Inc. (GBI), a New York corporation, charging them...

Blockchain Revolution Series

Blockchain technology will support innovation and productivity across the economy: Australian Government

Sep 22, 2017 06:03 am UTC| Digital Currency

The Australian government has recently announced that it will develop a national Digital Economy Strategy and has published a paper to start this conversation. The strategy will set out a roadmap for the government, the...

Blockchain Revolution Series

European Commission to crackdown on cryptocurrency fraud

Sep 22, 2017 05:18 am UTC| Digital Currency

The European Commission (EC) has proposed a number of measures to build strong cybersecurity in the European Union (EU). Among other things, the EC has proposed setting up of an EU Cybersecurity Agency, a European...

Blockchain Revolution Series

Deutsche Bundesbank explores blockchain potential for payments and securities settlement

Sep 22, 2017 04:25 am UTC| Digital Currency

In a new report, the Deutsche Bundesbank has explored the potential of distributed ledger technology (DLT) for the financial sector. The report, available only in German, focuses chiefly on the potential impact of the...

Blockchain Revolution Series

Wall Street Blockchain Alliance adds BlockEx and RiskSpan as corporate members

Sep 22, 2017 03:32 am UTC| Digital Currency

The Wall Street Blockchain Alliance (WSBA) has announced that BlockEx and RiskSpan have joined the organization as its newest corporate members. Founded in 2014, BlockEx is a digital asset platform created to handle the...

Blockchain Revolution Series

Telecom giant Swisscom establishes new blockchain subsidiary

Sep 22, 2017 03:00 am UTC| Digital Currency

Swiss telecommunications giant Swisscom has announced that it has established a new blockchain subsidiary in order to push forward the development of blockchain applications in the country. The new entity, Swisscom...

Digital Currency Revolution

FxWirePro: BTC/USD trades in narrow range, bias neutral

Sep 21, 2017 08:28 am UTC| Digital Currency

BTC/USD is trading well below 50-DMA on Thursday around 3900 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 3575.57 Kijun Sen: 3975.95 On the upside, a consistent break...

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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...