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Goldman Sachs blessings in disguise, migration from Wall Street to Crypto Hedge Fund universe

Apr 30, 2018 09:58 am UTC| Digital Currency Insights & Views

BlocktowerCapital has expanded yet again in the form of head hunting the executive ranks at Goldman Sachs as the migration from Wall St. to crypto landcontinues. Cryptocurrency hedge fund BlockTower Capital keeps...

Blockchain Revolution Series

ASX seeks to switch to DLT settlement system in 2020

Apr 30, 2018 09:49 am UTC| Digital Currency

The Australian Securities Exchange (ASX) has announced the blockchain-based system which is going to replace its Clearing House Electronic Subregister System (CHESS) will be launched somewhere between Q4 2020 and Q1...

Digital Currency Revolution

Bitcoin debit card provider Wirex announces Litecoin integration

Apr 30, 2018 08:48 am UTC| Digital Currency

Bitcoin debit card provider Wirex has announced that it has added support for Litecoin, enabling users to spend the digital currency using the Wirex payment card. Currently, the seventh most valuable cryptocurrency by...

FxWirePro: Unregulated Utility Tokens seemed to have been appraised by CFTC chief

Apr 30, 2018 07:14 am UTC| Research & Analysis Insights & Views Digital Currency

In a speech, delivered by CFTC commissioner Quintenz seems to embrace the concept of unregulated utility token. Brian Quintenz, of the Commodity Futures Trading Commission (CFTC), addressed the topic of cryptocurrencies...

Digital Currency Revolution

FxWirePro: BTC/USD rangebound, further bullishness only on close above trend line resistance at 9368

Apr 30, 2018 06:49 am UTC| Digital Currency

BTC/USD is consolidating in a narrow range on Monday as its upside is being capped by a strong trend line resistance. It is currently trading at 9272 levels at the time of writing (Bitstamp). On the upside, the pair is...

Blockchain Revolution Series

Digital Currency Revolution

Ethereum founder Vitalik Buterin boycotts CoinDesk’s Consensus 2018 conference

Apr 30, 2018 05:58 am UTC| Digital Currency

Ethereum founder Vitalik Buterin has announced the boycott of CoinDesks Consensus conference this year and urging others to do the same. In a series of tweets, Buterin outlined the reasons for the boycott. This includes...

Blockchain Revolution Series

ANZ, IBM and Suncorp New Zealand collaborate on blockchain solution for insurance

Apr 30, 2018 04:52 am UTC| Digital Currency

The Australia and New Zealand Banking Group Limited (ANZ) has announced that it working on a blockchain solution for the insurance industry. The solution is being developed in collaboration with IBM and Suncorp New...

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Economy

Asian Bank Stocks Slide as BofA Warning and Rising Yields Hit Sentiment

Asian bank stocks fell sharply on Tuesday, with Japanese lenders leading losses after Bank of America warned that weaker trading and investment banking activity could pressure third-quarter revenue. Sumitomo Mitsui...

Houthis Escalate Saudi Attacks as Red Sea Oil Risks Grow

Yemens Iran-backed Houthis intensified attacks on Saudi Arabia while expanding positions along Yemens Red Sea coast, raising fears that the widening Middle East conflict could further disrupt global oil supplies. The...

Asian Stocks Steady as AI Shares Rebound Ahead of Fed Decision

Asian stocks stabilized on Tuesday as a rebound in artificial intelligence and semiconductor shares helped markets recover from Mondays technology selloff. However, oil prices above $107 a barrel and elevated bond yields...

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...

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...

Politics

Lula, Flavio Bolsonaro Deadlocked in Brazil Election Polls

Brazilian President Luiz Inacio Lula da Silva and right-wing Senator Flavio Bolsonaro are locked in a statistical tie in potential runoff matchups ahead of Brazils presidential election next month, according to two polls...

Judge Blocks Trump Rule Limiting Foreign Student Visas

A federal judge has blocked the Trump administration from enforcing a new immigration rule that would restrict how long foreign students, exchange visitors and journalists can remain in the United States without seeking...

Trump Rejects Calls for Tougher AI Regulation

President Donald Trump pushed back against growing calls for stricter AI regulation on Monday, arguing that the United States already has sufficient safeguards to police artificial intelligence companies and prevent...

US Immigration Arrests Surge as Deportations Lag Behind

U.S. immigration arrests have climbed to record levels in recent months, but deportations have failed to rise at the same pace as the Trump administration pushes ahead with its mass deportation campaign. Preliminary...

Mahmoud Khalil Sues Columbia Over Alleged Pro-Palestinian Harassment

Pro-Palestinian activist Mahmoud Khalil and other Columbia University students filed a lawsuit against the university on Monday, alleging it failed to protect them from years of harassment linked to their advocacy and...

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)...

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...

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...
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