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Blockchain Revolution Series

Hyperledger blockchain project adds 13 new members

Apr 27, 2018 03:10 am UTC| Digital Currency

Hyperledger, a collaborative cross-industry blockchain initiative, has announced the joining of 13 new members. The new members come from diverse backgrounds including healthcare, finance, and technology. The latest...

Blockchain Revolution Series

Blockchain startup ConsenSys joins Crypto Valley Association

Apr 26, 2018 15:33 pm UTC| Digital Currency

The Crypto Valley Association (CVA), a Swiss not-for-profit association focused on blockchain technologies and businesses, has announced that New York-based blockchain startup ConsenSys is joining the Association as a...

Blockchain technology instrumental for hedge funds

Apr 26, 2018 12:41 pm UTC| Digital Currency Insights & Views

According to a new Thomson Reuters survey published this week, one in five financial firms, ranging from hedge funds to the biggest banks, are considering trading digital currency in the next three to 12 months. Of those...

Blockchain Revolution Series

TrustChain: IBM’s new blockchain initiative to track diamonds and precious metals

Apr 26, 2018 11:16 am UTC| Digital Currency

IBM has announced a new blockchain initiative focused on tracking and authenticating diamonds and precious metals throughout their supply-chain journey. Dubbed TrustChain, the initiative is backed by a consortium of...

FxWirePro: “Clear the cloud over treatment of bitcoin” – A tussle between CME, Patrick McDonnell and Court

Apr 26, 2018 11:06 am UTC| Research & Analysis Digital Currency Insights & Views

This article emphasizes on a recently happened scam on bitcoin futures, where Patrick McDonnell, an alleged cryptocurrency fraud confronts CFTC, and CME in turn contests court over treatment of bitcoin. In recent...

Blockchain Revolution Series

Japanese utility giant KEPCO to trial P2P energy trading with blockchain startup Power Ledger

Apr 26, 2018 10:31 am UTC| Digital Currency

Japanese utility giant Kansai Electric Power Co. (KEPCO) is joining forces with Australian blockchain energy trading firm Power Ledger to test peer-to-peer (p2p) renewable energy trading in Japan. The objective is to...

Blockchain Revolution Series

BBVA closes €75M corporate loan deal using blockchain

Apr 26, 2018 09:20 am UTC| Digital Currency

Spanish banking giant BBVA has announced that it has successfully completed the first global corporate loan transaction using blockchain technology. The pilot involved closing of a 75 million loan using a blockchain...

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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...