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Digital Currency Revolution

Huobi to set up five cryptocurrency exchanges in new markets via cloud platform

Aug 17, 2018 11:06 am UTC| Digital Currency

Huobi Group, the operator of the third largest cryptocurrency exchange in terms of 24-hour trading volume, has selected five partners to launch cryptocurrency exchanges in five countries through its recently launched Huobi...

Digital Currency Revolution

FxWirePro: ETH/USD tests key resistance at 300, close above 10-DMA to see further bullishness

Aug 17, 2018 10:17 am UTC| Digital Currency Technicals

(Refer ETH/USD chart on Trading View) ETH/USD is trading in the green on Friday just shy of 10-DMA resistance. It is currently trading at 301 levels at the time of writing (Coinbase). On the upside, a decisive...

FxWirePro: Fidelity Investments Launch Access to Bitcoin ETNs Amid SEC’s Deferral of BTC ETF Approval

Aug 17, 2018 10:14 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

Amid the crypto-market downturn which began after the news of the US Securities and Exchange Commissions (SEC) delayed decision on an ETF product approval,globally reputed firm, Fidelity Investments, which has some $2.4...

Blockchain Revolution Series

Chinese online retail giant JD.com launches blockchain platform for enterprise customers

Aug 17, 2018 09:14 am UTC| Digital Currency

Chinese ecommerce giant JD.com today announced the launch of a new blockchain platform that will cater to enterprise customers. Dubbed JD Blockchain Open Platform, the platform will enable enterprise customers to build,...

Digital Currency Revolution

FxWirePro: BTC/USD hovers around 6500, decisive break above to see further upside

Aug 17, 2018 07:30 am UTC| Digital Currency Technicals

(Refer BTC/USD chart on Trading View) BTC/USD is trading in the green on Friday as it is holding its strength well above 10-DMA. The pair is currently hovering around 6500 levels at the time of writing...

China UnionPay, Bank of China partner to explore blockchain and big data

Aug 17, 2018 07:00 am UTC| Digital Currency Fintech

Bank of China (BOC), a leading state-owned commercial bank in China, is partnering with financial services corporation China UnionPay (CUP) to joint explore blockchain technology and big data for applications in payment...

Polymath in Joint-Venture with 7Pass Announces First Private Security Token

Aug 17, 2018 06:58 am UTC| Digital Currency Research & Analysis Insights & Views

Polymath enables trillions of dollars of securities to migrate to the blockchain project. Polymath eliminates the intermediaries and financial structures that hinder the deployment of equity. While 7Pass will provide an...

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Economy

U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation

The United States announced on Wednesday that it will impose a 25% tariff on certain imports from Brazil after concluding a year-long Section 301 trade investigation that found several Brazilian policies unfairly...

Gold Prices Slip as Oil Rally Fuels Inflation Fears, Strengthens Dollar

Gold prices declined early Thursday as rising oil prices reignited concerns that inflation could remain persistent, reinforcing expectations that the Federal Reserve may keep interest rates elevated for longer. The...

Asian Stocks Slide as Chip Selloff Deepens Ahead of TSMC Earnings

Asian stock markets declined sharply on Thursday, led by heavy losses in South Korea, as a broad semiconductor selloff and renewed geopolitical tensions in the Middle East weighed on investor sentiment. Market participants...

Asian Currencies Hold Steady as Middle East Tensions Offset Weaker US Dollar

Asian currencies traded in tight ranges on Thursday as a weaker U.S. dollar was balanced by growing investor caution over the escalating Middle East conflict, limiting demand for risk-sensitive regional assets. Market...

South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening

South Koreas central bank raised its benchmark interest rate by 25 basis points to 2.75% on Thursday, marking its first rate hike in three and a half years as policymakers moved to curb persistent inflation and support the...

Politics

DOJ Refuses to Release Unredacted Jeffrey Epstein Files to New Mexico Investigation

The U.S. Department of Justice (DOJ) said Wednesday it cannot legally release unredacted Jeffrey Epstein files requested by New Mexico officials, deepening a dispute over the states renewed investigation into the late...

US Restricts Commercial Flights From Congo Amid Ebola Outbreak

The United States has introduced new travel restrictions tied to the ongoing Ebola outbreak in the Democratic Republic of Congo (DRC), preventing U.S. citizens and nationals who have been in the country within the previous...

NY Times Challenges Trump Administration Subpoenas Over Air Force One Report

The New York Times has asked a federal court to block grand jury subpoenas issued to three of its journalists following their reporting on President Donald Trumps new Qatari-donated Air Force One, escalating a legal battle...

Trump Orders ICE to Resume Traffic Stops After Deadly Immigration Enforcement Incidents

U.S. President Donald Trump has ordered Immigration and Customs Enforcement (ICE) agents to resume using traffic stops during immigration enforcement operations, reversing a temporary suspension announced just a day...

Russian Missile Strike Sparks Fires in Kyiv After Early Morning Air Alert

Russian missiles struck at least two districts in Ukraines capital, Kyiv, early Thursday, igniting fires and prompting authorities to issue an air raid alert before declaring the immediate danger over. Kyiv Mayor Vitali...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Hyundai Takes Full Control of Boston Dynamics to Accelerate Humanoid Robot and AI Strategy

Hyundai Motor has announced plans to acquire SoftBank Groups remaining stake in Boston Dynamics, giving the South Korean automaker full ownership of the robotics company as it expands its artificial intelligence and...

Jamie Dimon Warns Anthropic's Mythos AI Poses National Security Risks

JPMorgan Chase CEO Jamie Dimon has warned that Anthropics advanced Mythos artificial intelligence model presents significant national security risks, highlighting growing concerns over the potential misuse of powerful AI...

SpaceX Stock Falls Below IPO Price as Investors Weigh Losses and Lockup Expiry

SpaceX shares fell below their initial public offering (IPO) price for the first time on Wednesday, highlighting growing investor caution as the companys early post-listing momentum continues to fade. The stock dropped...

xAI Sues Man for Allegedly Using Grok to Generate AI Child Abuse Deepfakes

Elon Musks artificial intelligence company xAI has filed a federal lawsuit against a South Carolina man accused of using its Grok chatbot to generate child sexual abuse material (CSAM) and non-consensual explicit...

Trump Slams New York Data Center Ban, Warns AI Investment Could Shift to Other States

U.S. President Donald Trump sharply criticized New Yorks new one-year moratorium on large-scale data center construction, arguing that the move will discourage investment, eliminate jobs, and weaken the states position in...