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Blockchain Revolution Series

EBA assesses impact of fintech and associated risks and opportunities in new reports

Jul 04, 2018 09:09 am UTC| Fintech

The European Banking Authority (EBA) has published two reports on financial technology (FinTech) in order to raise awareness on the potential prudential risks and opportunities from current and potential FinTech...

Blockchain Revolution Series

SEC alleges two individuals for unlawful trading ‘UBI Blockchain’ Stock sales

Jul 03, 2018 08:21 am UTC| Research & Analysis Fintech Insights & Views

The Securities and Exchange Commission (SEC) has alleged two individuals. An attorney and a law firm business manager, who are Nevada residents, are charged by the United States Securities and Exchange Commission for their...

Blockchain Revolution Series

European banks execute first live trade transactions on we.trade blockchain platform

Jul 03, 2018 06:03 am UTC| Digital Currency Fintech

Blockchain consortium we.trade has announced that the first live trade transactions have been conducted on its platform. Officially launched in October 2017, we.trade is an initiative by a group of banks including...

Initial Coin Offering Series

PWC in collaboration with Swiss-based Blockchain ecosystem highlights recent trends in ICO marketplace and regulatory developments in Q2

Jun 29, 2018 09:06 am UTC| Research & Analysis Digital Currency Insights & Views Fintech Commentary

The PwC Strategy in collaboration with the Crypto Valley Association (CVA), a not-for-profit established to foster the growth of the blockchain ecosystem in Switzerland, has published the June 2018 edition of their...

Blockchain Revolution Series

39 firms complete KYC trial on R3’s Corda blockchain platform

Jun 29, 2018 03:28 am UTC| Digital Currency Fintech

A number of member firms of the R3 blockchain consortium have recently completed a Know Your Customer (KYC) trial. During the four-day collaborative trial, 39 firms, including the likes of BNP Paribas, ABN AMRO, and...

Digital Currency Revolution

Central bank digital currencies could pave the way for more stable financial system: EU report

Jun 28, 2018 09:10 am UTC| Digital Currency Fintech

In a new report, the European Parliaments Economic and Monetary Affairs Committee has stated that central bank digital currencies (CBDCs) could lead to a more stable financial system. According to the report,...

Blockchain Revolution Series

India’s Kotak Mahindra Bank joins Ripple’s blockchain network

Jun 28, 2018 03:34 am UTC| Digital Currency Fintech

India-based Kotak Mahindra Bank is the latest financial institution to join RippleNet, Ripples enterprise blockchain network. Kotak will use Ripples settlement solution, xCurrent, to provide its customers with real-time...

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Economy

J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures

J.P. Morgan has dramatically reversed its outlook on European monetary policy, now forecasting two European Central Bank rate hikes in April and July a stark departure from its earlier prediction of unchanged rates...

Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks

Goldman Sachs has revised its outlook for Bank of England interest rate cuts, now pushing expectations back to 2027 after the central bank held rates steady and flagged growing inflation concerns tied to the ongoing Middle...

Asian Currencies Slide as Oil Prices Surge Amid U.S.-Israel-Iran Conflict

Most Asian currencies declined Friday as rising oil prices triggered by the U.S.-Israel war on Iran rattled financial markets, while the U.S. dollar also edged lower despite briefly touching multi-month highs earlier in...

Israel Defies Trump's Warning, Launches New Strikes on Iran Amid Growing Global Energy Crisis

A new wave of Israeli military strikes hit Tehran on Friday, one day after U.S. President Donald Trump explicitly warned Israeli Prime Minister Benjamin Netanyahu against targeting Iranian energy infrastructure. The move...

Asian Markets Mixed as Oil Volatility and Inflation Fears Weigh on Sentiment

Asian stock markets traded in a choppy, directionless pattern on Friday as surging crude oil prices tied to escalating Middle East tensions rattled investor confidence across the region. The uncertainty followed a weak...

Politics

Trump Presses Japan to Support Iran War Effort, Cites Pearl Harbor in Surprise Defense

President Donald Trump met with Japanese Prime Minister Sanae Takaichi at the White House Thursday, urging Japan to contribute military support amid the ongoing U.S. war with Iran and growing concerns over skyrocketing...

Australian PM Albanese Heckled at Sydney Mosque During Eid al-Fitr Prayers

Australian Prime Minister Anthony Albanese faced vocal protests during his visit to Lakemba Mosque in western Sydney on Friday, where he joined thousands of worshippers for Eid al-Fitr celebrations marking the end of...

Taiwan Strengthens Deterrence Amid Ongoing Chinese Military Threat

Taiwans Defence Minister Wellington Koo issued a stern warning on Friday, reaffirming that Chinas relentless military expansion continues to pose a serious and pressing threat to the island nation. His remarks came shortly...

U.S. Officials Express Optimism Over New CDC Director Selection Amid Vaccine Policy Turmoil

The United States is moving closer to naming a permanent leader for the Centers for Disease Control and Prevention, according to a top health official. Chris Klomp, chief counselor at the Department of Health and Human...

S&P 500 Rebounds After Netanyahu's Statements on Iran's Military Setbacks

U.S. stock markets showed resilience Thursday as the SP 500 recovered from a 1% intraday decline to trade nearly flat, driven by remarks from Israeli Prime Minister Benjamin Netanyahu claiming significant damage to Irans...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Jeff Bezos Eyes $100 Billion Fund to Transform Manufacturing With AI

Amazon founder Jeff Bezos is in early-stage discussions to raise a massive $100 billion investment fund focused on acquiring manufacturing companies and accelerating their automation through artificial intelligence. The...

OpenAI's Desktop Superapp: Unifying ChatGPT, Codex, and Browser Tools for Enterprise AI

OpenAI is moving forward with an ambitious plan to consolidate its flagship products ChatGPT, Codex, and its browser-based tools into a single, unified desktop application, according to a Wall Street Journal report. The...

Super Micro Computer Shares Plunge After Co-Founder Charged in AI Chip Smuggling Case

Super Micro Computer Inc (NASDAQ: SMCI) saw its stock drop as much as 14.6% in after-hours trading Thursday following a major legal development tied to illegal exports of artificial intelligence technology to China. The...

Xiaomi's AI Model "Hunter Alpha" Mistaken for DeepSeek's Next Release

A mysterious artificial intelligence model that appeared anonymously on the developer platform OpenRouter last week has been identified as a product of Chinese tech giant Xiaomi, not the widely anticipated next release...

Apple Defies China's Smartphone Slump with Strong Early 2026 Sales

Apple has recorded a remarkable 23% jump in China smartphone sales during the first nine weeks of 2026, outperforming a broader market that contracted by 4% over the same period. The surge highlights Apples strengthening...