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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...

Initial Coin Offering Series

Digital Currency Revolution

What Drives Facebook to Liberalise Ban on Cryptocurrency Advertising

Jun 27, 2018 05:51 am UTC| Digital Currency Research & Analysis Fintech Insights & Views Commentary

Facebook appears to have loosened their restrictions on Cryptocurrency and ICO space, at least for a lucky few pre-approved platforms and exchanges. Facebook is recognizing the fact these are seemingly regulated securities...

Blockchain Revolution Series

Sri Lanka’s Sampath Bank rolls out blockchain-based gifting mobile app

Jun 27, 2018 03:31 am UTC| Digital Currency Fintech

Sampath Bank, a Sri Lankan commercial bank, has launched a blockchain-based banking solution in the country, according to Daily News. The new solution, Sampath igift, is a person-to-person gifting mobile app. It will...

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Economy

EU Demands U.S. Honor Trade Deal After Supreme Court Blocks Trump Tariffs

The European Commission has urged the United States to uphold the terms of last years EU-U.S. trade deal after the U.S. Supreme Court struck down former President Donald Trumps global tariffs. The ruling prompted Trump to...

Gold Prices Climb for Fourth Straight Session as Trump Tariffs Boost Safe-Haven Demand

Gold prices extended their rally for a fourth consecutive session on Monday, building on last weeks strong gains as renewed U.S. tariffs and mixed economic data fueled demand for safe-haven assets. Investors turned to...

India and Brazil Strengthen Trade Partnership with New Mining and Steel Cooperation Pact

India and Brazil have taken a major step toward strengthening bilateral trade relations by signing a new agreement focused on mining, minerals, and steel sector cooperation. The pact, signed in New Delhi in the presence of...

UK Productivity Crisis: BCG Urges Hard-Edged Industrial Strategy and Creative Destruction

Britains once-dominant corporate sectors that powered national productivity growth are now lagging behind global competitors, according to a new report from Boston Consulting Group (BCG). The consultancy warns that the UK...

U.S. Stock Futures Slide as Trump Tariffs Rise; Nvidia Earnings in Focus

U.S. stock index futures moved lower Sunday evening after President Donald Trump announced plans to raise global tariffs using a different legal authority, adding fresh uncertainty to U.S. trade policy. Investors are also...

Politics

Russia Launches Massive Drone and Missile Attack on Ukraine’s Energy Infrastructure

Russia launched a large-scale overnight assault on Ukraine using dozens of strike drones, ballistic missiles, and cruise missiles, intensifying its campaign against the countrys energy infrastructure. According to the...

Northeast Winter Storm Triggers State of Emergency, Travel Bans and Thousands of Flight Cancellations

A powerful winter storm is sweeping across the Northeast, prompting governors in New York, New Jersey, Connecticut, and Massachusetts to declare states of emergency and impose strict travel restrictions. Forecasters warned...

U.S.-Led Task Force Aids Mexico in Operation That Killed CJNG Leader ‘El Mencho’

A newly formed U.S.-military-led task force focused on intelligence gathering against drug cartels played a supporting role in the Mexican military operation that killed Nemesio Oseguera, widely known as El Mencho,...

Trump Weighs Potential U.S. Military Strike on Iran as Nuclear Talks Intensify

U.S. President Donald Trump is reportedly considering a potential military strike against Iran in the coming days, according to a New York Times report citing officials familiar with internal White House discussions. The...

Islamic State Claims New Attacks on Syrian Army as Violence Escalates Under President Ahmed al-Sharaa

Islamic State (IS) has claimed responsibility for two new attacks targeting Syrian army personnel in northern and eastern Syria, signaling what the militant group describes as a new phase of operations against the countrys...

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

Samsung Stock Hits Record High on Nvidia HBM4 Supply Deal, Boosting AI Chip Rally

Samsung Electronics shares surged to a record high on Monday after reports indicated the company could become the exclusive memory chip supplier for Nvidias next-generation AI processors. The rally highlights growing...

Microsoft Gaming Leadership Shake-Up: Phil Spencer Retires, Asha Sharma Named New Xbox CEO

Microsoft has announced a significant leadership transition in its gaming division, as longtime executive Phil Spencer prepares to retire after 38 years with the company. The move marks a pivotal moment for Microsoft...

Nvidia Earnings Preview: AI Growth Outlook Remains Strong Beyond 2026

NVIDIA Corporation (NASDAQ: NVDA) is heading into its upcoming earnings report with Wall Street expecting another quarter of solid performance, driven by surging demand for artificial intelligence infrastructure. While...

Microsoft Gaming Leadership Overhaul: Phil Spencer Retires, Asha Sharma Named New Xbox CEO

Microsoft has announced a major leadership transition in its gaming division, as longtime executive Phil Spencer retires after 38 years with the company. The move marks a significant shift for Microsoft Gaming at a time...

OpenAI Targets $600B Compute Spend as IPO Valuation Could Reach $1 Trillion

OpenAI is reportedly planning a massive expansion of its artificial intelligence infrastructure, targeting approximately $600 billion in total compute spending through 2030. According to a source cited by Reuters, the...