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Blockchain Revolution Series

Siemens-backed blockchain startup LO3 Energy’s Exergy joins Energy Web Foundation

Jul 18, 2018 10:45 am UTC| Digital Currency

LO3 Energy, a blockchain energy startup backed by Siemens, has announced that its Exergy platform has become an Energy Web Foundation (EWF) Affiliate. Exergy is a distributed ledger system combining software and...

Blockchain Revolution Series

Digital Currency Revolution

After English Premier League club Arsenal and Lionel Messi, another footballer Drogba to promote crypto-space and blockchain

Jul 18, 2018 10:27 am UTC| Research & Analysis Fintech Digital Currency Insights & Views

Former Ivory Coast captain and Chelsea legend Didier Drogba is all set to be a brand ambassador for all.me which is a cryptocurrency platform that vows to contribute to advertising revenue with users. As the technology...

Digital Currency Revolution

Crypto startup Coinbase receives regulatory approval to acquire securities firms

Jul 18, 2018 10:02 am UTC| Digital Currency

Leading cryptocurrency exchange Coinbase announced this week that it has received the regulatory approval for the acquisitions of a number of securities firms, which could be the first step towards the listing of security...

Digital Currency Revolution

Stronghold announces asset-backed USD Token, collaborates with IBM

Jul 18, 2018 09:19 am UTC| Digital Currency

Stronghold, a startup founded last year, has announced a venture-backed USD token on the Stellar Network and announced its collaboration with IBM to explore its uses on the IBM Blockchain Platform. According to the...

Blockchain Revolution Series

Canadian credit union coalition LCUC latest to join R3’s blockchain network

Jul 18, 2018 07:24 am UTC| Digital Currency

The Large Credit Union Coalition (LCUC), a Canada-based group of credit unions, is the latest to join the global blockchain consortium led by enterprise software firm R3. LCUC is a group comprising the CIOs of the 16...

FxWirePro: ETH/EUR resumes upside after 'channel breakout', on track to test 110-EMA, stay long

Jul 18, 2018 07:12 am UTC| Digital Currency Technicals

ETH/EUR is extending gains after showing a break above channel top, bias higher. The pair is trading 1.21% higher on the day, at 432 at the time of writing. Technical indicators on intraday charts are bullish....

Blockchain Revolution Series

Columbia University, IBM set up new blockchain and data transparency research center

Jul 18, 2018 06:54 am UTC| Digital Currency

Columbia University, in collaboration with IBM, is setting up a new center dedicated to research, education, and innovation in blockchain technology and data transparency. The Columbia-IBM Center for Blockchain and Data...

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Economy

Dollar Rises as Fed Hike Bets Weigh on Asian Currencies

Asian currencies weakened against the U.S. dollar on Monday as investors raised expectations for a Federal Reserve interest rate hike this week. The Japanese yen remained close to a seven-month high as traders also...

BOJ Flags Import Costs and Yen Shocks as Persistent Inflation Risks

The Bank of Japan is increasingly concerned that rising import costs and currency fluctuations can trigger sharp inflation in Japan, suggesting these supply-driven price pressures should play a greater role in monetary...

Asian Stocks Fall as AI Fears and Oil Surge Hit Markets

Asian stocks declined on Monday as concerns over a potential slowdown in artificial intelligence development pressured technology shares, while oil prices above $100 a barrel fueled inflation fears and expectations for...

Hormuz Vessel Traffic Drops to Single Digits

Commodity vessel traffic through the Strait of Hormuz dropped to single-digit daily levels over the weekend, highlighting growing disruption to one of the worlds most important energy and shipping routes. Preliminary...

Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise

Goldman Sachs now expects the Federal Reserve to raise interest rates by 25 basis points at its September meeting, reversing its previous forecast for no change as inflation concerns intensify across U.S. financial...

Politics

Trump Open to Chinese Automakers Building Cars in US

President Donald Trump said he would not oppose Chinese automakers opening manufacturing plants in the United States, provided they build vehicles domestically and employ American workers. If China wanted to come in and...

Trump Touts $5,000 Checks if Republicans Win Congress

President Donald Trump said the United States could afford to send $5,000 payments to every American adult if Republicans retain control of Congress in this years elections, though lawmakers said the proposal would require...

Takaichi-Backed Koja Wins Okinawa Governor Race

A candidate supported by Japanese Prime Minister Sanae Takaichis government has won the Okinawa gubernatorial election, potentially clearing the way for Tokyo to expand its military presence across the strategically...

Philippines Holds Historic Bangsamoro Election Amid Tight Security

Voting began Monday in the Philippines Muslim-majority south in a landmark Bangsamoro election, with security tightened after pre-election violence left three people dead and 15 others wounded. The vote is considered a...

China’s Global Times Slams Anthropic CEO’s AI Slowdown Plan as ‘Cold War’ Strategy

Chinas state-backed Global Times has criticized Anthropic CEO Dario Amodeis proposal to slow the development of advanced artificial intelligence, arguing that the initiative reflects a U.S. Cold War playbook aimed at...

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

SoftBank Shares Plunge 11% After OpenAI Rules Out 2026 IPO

SoftBank Group shares plunged on Monday as investors reacted to OpenAI CEO Sam Altman ruling out a public listing in 2026 and growing calls to slow the pace of artificial intelligence development. SoftBank (TYO: 9984)...

Z.AI Shares Slide 7% After $5 Billion Fundraising

Z.AI shares tumbled nearly 7% on Monday, reaching a 5-1/2-month low after the Chinese artificial intelligence company completed a roughly $5 billion fundraising package involving discounted new shares and convertible...

Anthropic Eyes Second Straight Profitable Quarter Ahead of Potential IPO

Anthropic expects to post positive adjusted operating income for a second consecutive quarter, signaling improving financial performance as the artificial intelligence company moves closer to a potential IPO, the Financial...

Trump Vows to Keep U.S. Ahead of China in AI Race

President Donald Trump said Sunday that the United States must maintain its artificial intelligence lead over China, pushing back against calls from prominent technology leaders to slow AI development amid growing safety...

Samsung, SK Hynix Reject KEPCO’s $18.7 Billion Power Funding Plan

Samsung Electronics and SK Hynix have rejected a proposal from Korea Electric Power Corp. (KEPCO) that would require the chipmakers to provide 25 trillion won ($18.7 billion) in upfront funding to secure electricity...
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