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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

Trump Pushes China Market Access During High-Stakes Xi Summit

U.S. President Donald Trump announced Wednesday that his top priority during his state visit to China will be urging President Xi Jinping to open the Chinese market further to Western companies. Speaking aboard Air Force...

Asian Currencies Hold Steady as Strong U.S. Inflation Data Boosts Dollar

Asian currencies traded mostly flat on Wednesday after posting strong gains in the previous session, as higher-than-expected U.S. inflation data strengthened the U.S. dollar and pushed Treasury yields higher. Investors...

Asian Stocks Steady as Iran War Concerns Persist Ahead of Trump-Xi Summit

Asian stock markets traded in a narrow range on Wednesday as investors remained cautious over the ongoing Iran conflict and its potential impact on global inflation. Market sentiment also stayed focused on the upcoming...

Australia Housing Tax Reform Sparks Debate Over Property Investor Tax Breaks

Australian Prime Minister Anthony Albanese has triggered a major political and economic debate after announcing plans to scale back tax breaks for property investors, a move welcomed by many aspiring homebuyers but...

New Zealand Budget 2026 Focuses on Fiscal Discipline and Infrastructure Investment

New Zealand Prime Minister Christopher Luxon announced that the government will maintain strict control over day-to-day spending in Budget 2026 while significantly increasing capital investment to strengthen the countrys...

Politics

Trump Administration Appoints David Venturella as Acting ICE Director Amid Immigration Crackdown

The administration of U.S. President Donald Trump announced that Immigration and Customs Enforcement (ICE) official David Venturella will become the agencys new acting director following the departure of Todd Lyons at the...

Bahamas Election 2026: Prime Minister Philip Davis Secures Historic Second Term

Bahamian Prime Minister Philip Davis and the ruling Progressive Liberal Party (PLP) secured a decisive victory in the 2026 Bahamas general election, marking the first time in nearly three decades that a Bahamian leader has...

Tennessee Republicans Remove Democrats From Committees After Redistricting Protest

Tennessee House Speaker Cameron Sexton removed Democratic lawmakers from all committee and subcommittee assignments following protests over the states controversial congressional redistricting plan. The disciplinary action...

Russia Resumes Heavy Drone Attacks on Ukraine After Ceasefire Ends

Russian forces launched a new wave of attacks across Ukraines Dnipropetrovsk region on Tuesday, killing at least six people and injuring several others shortly after a temporary U.S.-mediated ceasefire expired. Ukrainian...

US-China Trade Talks Begin in South Korea Ahead of Trump-Xi Beijing Summit

U.S. Treasury Secretary Scott Bessent arrived in South Korea on Wednesday for high-level trade discussions with Chinese Vice Premier He Lifeng ahead of the much-anticipated summit between U.S. President Donald Trump and...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

Technology

Japan’s Top Banks to Gain Access to Anthropic’s Claude Mythos AI Model

Japans three largest banking institutions are expected to receive access to Claude Mythos, the advanced artificial intelligence model created by U.S.-based AI startup Anthropic, according to a report published by Nikkei on...

Samsung Shares Slide as Wage Talks Collapse, Raising Strike Fears

Samsung Electronics shares fell sharply on Wednesday after negotiations between the company and its largest labour union failed to produce a wage agreement, increasing concerns over a possible large-scale strike that could...

Arteris Stock Surges After Strong Q1 Earnings Beat and Higher 2026 Outlook

Arteris Inc. (NASDAQ: AIP) shares surged in after-hours trading on Tuesday after the semiconductor software company reported stronger-than-expected first-quarter 2026 earnings and raised its full-year revenue forecast. The...

Anthropic Eyes $300M Stainless Acquisition Amid Enterprise AI Expansion

Anthropic is reportedly in advanced discussions to acquire developer tools startup Stainless in a deal valued at more than $300 million, according to a report from The Information. The potential acquisition highlights the...

Nvidia CEO Jensen Huang to Join Trump’s China Visit Amid AI Chip Tensions

Nvidia CEO Jensen Huang is expected to join a group of top American business leaders accompanying U.S. President Donald Trump during his upcoming visit to China, according to two Reuters sources familiar with the matter....