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Blockchain Revolution Series

Dubai announces blockchain business registry project

May 03, 2018 05:14 am UTC| Digital Currency

Dubai government authorities have unveiled a joint blockchain project aimed at enhancing the ease of setting up and operating business in Dubai. Dubbed Dubai Blockchain Business Registry Project, the project is a joint...

Blockchain Revolution Series

South Korean developer records Panmunjom Declaration on Ethereum Blockchain

May 03, 2018 03:09 am UTC| Digital Currency

A South Korean developer has created history by recording the details of the recent peace treaty between North and South Korea on the Ethereum blockchain. On April 27, 2018, President Moon Jae-in of the Republic of...

Blockchain Revolution Series

Automotive giants BMW, Ford and others form blockchain consortium ‘MOBI’

May 02, 2018 13:40 pm UTC| Digital Currency

Automotive giants including BMW, Ford, General Motors, and Groupe Renault, among others accounting for 70% of global vehicle production in terms of the market share have formed a blockchain consortium in a bid to make...

Digital Currency Revolution

Crypto wallet Abra adds support for 5 more altcoins

May 02, 2018 10:56 am UTC| Digital Currency

Crypto wallet startup Abra has announced that it now offers support for 25 cryptocurrencies. The platform is adding support for five new altcoins including Monero [XMR], NEM [XEM], NEO [NEO], Lisk [LSK] and Verge [XVG],...

Initial Coin Offering Series

Australian securities regulator ASIC comes down heavily on deceptive ICOs

May 02, 2018 10:16 am UTC| Digital Currency

The Australian Securities and Investment Commission (ASIC) has announced a crackdown on dubious initial coin offerings (ICOs). The announcement follows recent comments from ASIC Commissioner John Price last week when he...

Blockchain Revolution Series

Huobi Labs to set up $1B blockchain fund

May 02, 2018 09:32 am UTC| Digital Currency

Chinese cryptocurrency exchange Huobis blockchain incubator, Huobi Labs, has announced plans to set up a $1 billion global blockchain industry fund. Huobi Labs recently entered into a strategic cooperation with Tianya...

Digital Currency Revolution

CFTC chief adds new dimension to define cryptocurrency

May 02, 2018 09:04 am UTC| Digital Currency

CFTC chair strives to define Bitcoin, as the ecosystem around Bitcoin and other cryptocurrencies endure to evolve the various regulatory authorities in the US still struggle to define what it is so to create a framework in...

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Economy

Oil Prices Surge as Houthi Attacks Raise Saudi Supply Fears

Oil prices climbed sharply on Tuesday as fresh Houthi attacks on Saudi Arabia intensified fears of Middle East supply disruptions, while stalled negotiations over reopening the Strait of Hormuz kept geopolitical risks...

Gold Prices Steady as Oil Disruptions Boost Fed Rate Hike Bets

Gold prices were largely steady on Tuesday after sliding more than 1% in the previous session, as escalating Middle East oil supply disruptions increased expectations that the Federal Reserve will raise interest rates this...

Finland Raises 2026 Growth Forecast as Exports and Investment Surge

Finlands economy is expanding faster than previously expected as stronger exports and investment support a broader recovery after years of weak growth, according to the Bank of Finland. The Finnish central bank now...

China Home Prices Fall Again as Property Slump Drags on Growth

Chinas new home prices declined again in August, highlighting persistent weakness in the countrys property market and adding pressure on policymakers to introduce stronger measures to support domestic demand. New home...

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...

Politics

Bill Gates Warns Governments Are Unprepared for AI Disruption

Bill Gates has warned that governments worldwide are not adequately prepared for the sweeping changes artificial intelligence could bring to society, including job disruption, security threats and growing dependence on AI...

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...

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

Ex-Google DeepMind Researcher Warns AI Could Pose Existential Threat

A former Google DeepMind researcher has warned that rapidly advancing artificial intelligence could pose a severe threat to humanity, adding to growing calls from prominent AI figures for stronger safety measures and...

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)...

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...

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...
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