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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

Iran-U.S. Oil Tensions Escalate as Revolutionary Guards Threaten Strait of Hormuz Blockade

Tensions between Iran and the United States have reached a dangerous new level after Irans Islamic Revolutionary Guards Corps threatened to halt all oil shipments from the Middle East if American and Israeli military...

U.S. Solar Market Contracts in 2025 as Trump Rolls Back Renewable Energy Incentives

The United States solar industry experienced a notable slowdown in 2025, with new installations falling to 43 gigawatts a significant drop from the nearly 50 GW recorded in 2024. A joint report by the Solar Energy...

Chinese AI Stocks Surge as Tencent, MiniMax, and Zhipu Launch Agentic AI Programs

Chinese artificial intelligence stocks climbed sharply on Tuesday, driven by growing investor enthusiasm around agentic AI a rapidly emerging category of software capable of performing complex tasks autonomously on user...

Asian Currencies Face Pressure as U.S.-Iran Conflict Weighs on Markets

Asian currencies remained broadly under pressure on Tuesday as geopolitical uncertainty surrounding the U.S.-Israel war with Iran continued to weigh on investor sentiment. The U.S. dollar index edged up 0.2% during Asian...

China's Trade Surplus Surges Past Forecasts in Early 2026

Chinas trade balance delivered a powerful start to 2026, with the countrys trade surplus reaching $213.62 billion in the January-February period significantly outpacing analyst expectations of $177.40 billion. The...

Politics

Trump-Putin Call Addresses Iran War, Ukraine Peace, and Global Oil Crisis

President Donald Trump and Russian President Vladimir Putin held a significant phone call on Monday, addressing the ongoing U.S.-Israeli war in Iran, the conflict in Ukraine, and growing instability in global energy...

Trump Hints at Possible U.S. Takeover of Cuba Amid Deepening Humanitarian Crisis

President Donald Trump raised eyebrows Monday when he suggested Cuba could be facing a potential U.S.-led takeover, describing the Caribbean nation as running on fumes with virtually no energy resources or financial...

Taiwan's MQ-9B SkyGuardian Drone Order Stays on Schedule Despite Middle East Conflict

Taiwans air force confirmed Tuesday that its procurement of four advanced MQ-9B SkyGuardian drones from U.S. defense manufacturer General Atomics remains on schedule and has not been disrupted by ongoing military...

U.S. Patriot Missiles Redeployed From South Korea Amid Middle East Conflict

South Korean President Lee Jae Myung acknowledged Tuesday that Seoul lacks the authority to prevent Washington from relocating U.S. military weapons stationed on the peninsula, following reports that Patriot missile...

U.S. Calls for Reassessment of International Aid to Taliban-Ruled Afghanistan

The United States has urged a careful review of international assistance to Afghanistan, citing Taliban intransigence and the systematic exclusion of women from basic rights even while acknowledging the countrys deepening...

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

Amazon Engineers Investigate AI-Linked Outages as GenAI Coding Tools Raise Reliability Concerns

Amazon has convened a large group of engineers to investigate a pattern of service disruptions tied to artificial intelligence, according to a report by the Financial Times. The internal meeting was prompted by what the...

Apple Bets Big on India: iPhone Production Hits 55 Million Units as China Reliance Fades

Apple has dramatically scaled up iPhone manufacturing in India, assembling approximately 55 million units throughout 2025 a striking 53% jump from the 36 million produced the year prior. The surge signals a decisive...

Anthropic Sues Pentagon Over AI Blacklist, Citing Free Speech Violations

Anthropic has filed a federal lawsuit challenging the Pentagons decision to place the AI company on a national security blacklist, marking a dramatic escalation in its standoff with the U.S. military. The California-based...

Yann LeCun's AI Startup AMI Raises $1 Billion at $3.5 Billion Valuation

Advanced Machine Intelligence (AMI), the artificial intelligence startup founded by renowned AI researcher and former Meta Platforms chief AI scientist Yann LeCun, has successfully closed a $1.03 billion funding round...

Nvidia Sets $4M CEO Bonus Target for Fiscal 2027 as AI Demand Drives Revenue Growth

NVIDIA Corporation (NASDAQ: NVDA) has introduced a new variable compensation plan for fiscal 2027 that ties executive bonuses directly to revenue performance, according to a recent regulatory filing. Under the updated...