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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

Chinese EV Stocks Slide as December Sales Growth Slows, Raising Demand Concerns

Chinese electric vehicle (EV) stocks declined sharply on Monday after new data revealed a slowdown in sales growth for December, heightening concerns about cooling demand in the worlds largest EV market. The...

Saudi Arabia’s Non-Oil Private Sector Growth Slows but Remains Resilient in December PMI Survey

Saudi Arabias non-oil private business sector continued to show solid growth momentum in December, although the pace of expansion moderated to its slowest level in four months, according to the latest Purchasing Managers...

China Rejects U.S. Role as “World’s Judge” After Maduro’s Arrest

Chinas Foreign Minister Wang Yi has pushed back against the United States handling of Venezuelan President Nicolas Maduros capture, saying Beijing rejects any nation acting as the worlds police or worlds judge. Speaking in...

South Korea Vows Action to Stabilize Won as Currency Weakens Despite Strong Fundamentals

South Koreas top economic policymakers have pledged stronger measures to stabilize the currency market as the Korean won continues to weaken, a trend they say does not reflect the countrys economic fundamentals. The...

US Warns of Higher Tariffs on India Over Russian Oil Imports as Trade Tensions Persist

The United States could impose even higher tariffs on Indian goods if New Delhi fails to meet Washingtons demands to significantly curb its purchases of Russian oil, US President Donald Trump warned recently. Speaking to...

Politics

Trump Doubts Russian Claims of Ukrainian Drone Strike on Putin’s Residence

U.S. President Donald Trump has publicly questioned Russias claims that Ukraine attempted to strike a residence belonging to Russian President Vladimir Putin, adding a new dimension to the ongoing information war...

Cuba Declares National Mourning After Citizens Killed in U.S. Raid Targeting Venezuela’s Nicolas Maduro

The Cuban government announced on Sunday that 32 Cuban citizens were killed during a U.S. military raid in Venezuela that resulted in the capture of President Nicolas Maduro and his wife, Cilia Flores. Havana declared two...

Trump Signals Potential U.S. Action Against Colombia and Iran After Venezuela Operation

U.S. President Donald Trump said on Sunday evening that his administration is considering potential action against Colombia and Iran, following a dramatic U.S. military operation in Venezuela that resulted in the capture...

Trump Signals Potential U.S. Action Against Colombia and Iran After Venezuela Operation

U.S. President Donald Trump said on Sunday evening that his administration is considering potential action against Colombia and Iran, following a dramatic U.S. military operation in Venezuela that resulted in the capture...

Maduro Set for U.S. Court Appearance After Dramatic Capture as Trump Signals Tougher Venezuela Stance

Venezuelan President Nicolás Maduro is expected to appear before a U.S. federal court in New York following his dramatic capture by American forces over the weekend, an event that has sharply escalated tensions in...

Science

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...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Technology

SMIC Shares Climb as China Boosts Chipmaking Support Amid AI Optimism

Shares of Semiconductor Manufacturing International Corp (SMIC), listed in Hong Kong under ticker 0981, moved higher on Monday as China stepped up its support for domestic chipmaking, while broader optimism surrounding...

TSMC Shares Hit Record High as Goldman Sachs Raises Price Target on AI Demand Outlook

Taiwan Semiconductor Manufacturing Co. (TSMC) shares surged to a fresh all-time high after Goldman Sachs significantly raised its price target on the worlds largest contract chipmaker, citing sustained capacity tightness...

Samsung to Double AI-Powered Mobile Devices with Google Gemini in Global AI Race

Samsung Electronics is accelerating its push into artificial intelligence, announcing plans to double the number of its mobile devices powered by Googles Gemini AI platform. The South Korean tech giant aims to expand from...

Samsung Electronics Hits Record High as AI Momentum Fuels Investor Optimism

Samsung Electronics Co Ltd (KS:005930) shares surged to a record high on Monday, extending a strong rally fueled by growing optimism around the companys artificial intelligence strategy and semiconductor outlook. The South...

Grok AI Controversy on X Sparks Global Outrage Over Nonconsensual Images

A growing controversy surrounding Grok, the artificial intelligence chatbot built into Elon Musks social media platform X, has triggered international concern over the misuse of AI-generated images and the failure to...
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