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Blockchain Revolution Series

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A block chain or blockchain is a permissionless distributed database that maintains a continuously-growing list of transaction records hardened against tampering and revision. It consists of blocks, holding batches of individual transactions. Each block contains a timestamp and an information linking it to a previous block. The block chain is seen as the main technical innovation of bitcoin, where it serves as the decentralized public ledger of all bitcoin transactions. This original design has been the inspiration for other cryptocurrencies and distributed databases. In this series, we cover latest development stories related to blockchain and its applications around the world.

Blockchain Revolution Series

Digital Currency Revolution

Stockholm to host Blockchain & Bitcoin Conference in September

Jun 19, 2017 08:24 am UTC| Digital Currency

Event management company Smile-Expo is going to host the first blockchain conference in Stockholm on 07 September 2017, titled Blockchain Bitcoin Conference Stockholm. The conference is a part of Blockchain Bitcoin...

Blockchain Revolution Series

Companies and universities join forces for new blockchain consortium in China

Jun 19, 2017 06:29 am UTC| Digital Currency

In an effort to position Chengdu as a national blockchain research and development center, a group of companies and universities have come together to form a new blockchain consortium, Sichuan Daily reported. On 14 June...

Blockchain Revolution Series

Bitfury, Risk Cooperative partner to pioneer blockchain for insurance market

Jun 19, 2017 06:00 am UTC| Digital Currency

Bitfury Group, a leading full-service blockchain technology company, has entered into a strategic partnership with Risk Cooperative, an innovative risk and insurance advisory company, in order to pioneer blockchain...

Initial Coin Offering Series

Blockchain Revolution Series

Blockchain platform SONM raises $42M in ICO, announces exchange partners HitBTC and EtherDelta

Jun 19, 2017 04:40 am UTC| Digital Currency

SONM (Supercomputer Organized by Network Mining), a blockchain-bowered decentralized worldwide fog supercomputer, has announced the closing of its Initial Coin Offering as it reached its $42 million cap in just four days...

Blockchain Revolution Series

Infosys explores blockchain projects for non-financial services areas

Jun 19, 2017 04:34 am UTC| Digital Currency

Indian IT giant Infosys announced that it is working on blockchain technology, as it has formed blockchain working groups for each industry verticals, Business Line reported. According to Prasad Joshi, Vice-President...

Initial Coin Offering Series

Blockchain Revolution Series

Blockchain startup Bancor moves to accelerated phase development with $153M funding

Jun 19, 2017 04:15 am UTC| Digital Currency

Bancor, the standard for creation of intrinsically tradeable cryptocurrencies, or Smart Tokens, will accelerate its ambitious development timeline through the recent raise of $153 million in its Token Generation Event...

Blockchain Revolution Series

European Agency eu-LISA held industry roundtable on blockchain at Strasbourg

Jun 19, 2017 04:00 am UTC| Digital Currency

eu-LISA, European Agency for the operational management for large-scale IT systems in areas of freedom and security, held an industry roundtable in Strasbourg that explored the potential architectures for interoperable...

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Economy

Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals

U.S. stock futures edged lower on Thursday evening as renewed pressure on technology and artificial intelligence stocks overshadowed optimism surrounding a more accommodative Federal Reserve. The pullback was driven...

Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade

Indian Prime Minister Narendra Modi said he held a phone conversation with U.S. President Donald Trump on Thursday, as New Delhi intensifies efforts to secure relief from steep U.S. tariffs imposed on key Indian exports....

Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns

Most Asian stock markets surged on Friday, driven by a rebound in technology shares after recent volatility sparked by concerns over the artificial intelligence trade. Investor sentiment improved following positive cues...

Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes

Oil prices edged higher during Asian trading on Friday, recovering some losses from the previous session as supply disruption concerns resurfaced. Crude markets were supported by reports that the United States is preparing...

U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound

The U.S. dollar weakened for a third consecutive week on Friday, pressured by growing expectations of interest rate cuts next year after the Federal Reserve pushed back against more hawkish market assumptions. This shift...

Politics

Democrats Face Uphill Battle in Midterm Elections Despite Recent Victories, Reuters/Ipsos Poll Shows

Recent Democratic election wins have fueled optimism that the party could reclaim one or even both chambers of the U.S. Congress in next years midterm elections. However, a new Reuters/Ipsos poll suggests that this...

Trump Claims Pardon for Tina Peters Despite No Legal Authority

U.S. President Donald Trump said Thursday that he is pardoning Tina Peters, a former Colorado county clerk convicted of tampering with voting machines following the 2020 presidential election, even though he has no legal...

Trump Signs Executive Order to Establish National AI Regulation Standard

U.S. President Donald Trump on Thursday signed a sweeping executive order aimed at creating a unified national framework for regulating artificial intelligence, marking a significant shift in how AI governance is handled...

Trump Signals Conditional Push for Ukraine Peace Talks as Frustration Mounts

U.S. President Donald Trump has indicated that his administration may send a senior representative to Europe this weekend for potential peace talks on the war in Ukraine, but only if there is a genuine opportunity to...

U.S. Bomber Flights Over Sea of Japan Signal Strong Alliance With Tokyo Amid China-Russia Drills

U.S. nuclear-capable bombers conducted a high-profile flight over the Sea of Japan alongside Japanese fighter jets this week, underscoring the strength of the U.S.-Japan security alliance amid rising regional tensions...

Science

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...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO

Moore Threads Technology Co Ltd (SS:688795), a Chinese graphics chipmaker often described as Chinas potential rival to NVIDIA Corporation (NASDAQ:NVDA), saw its share price fall sharply on Friday after the company issued a...

Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies

Evercore ISI analysts have reiterated their Outperform rating on Alphabet Inc. (NASDAQ: GOOGL), emphasizing that Googles core search business continues to dominate the market despite intensifying competition from...

Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case

Apple secured a partial victory in its long-running legal battle with Epic Games after a U.S. appeals court on Thursday modified parts of a lower court order that required changes to the iPhone makers highly profitable App...

SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand

South Koreas leading memory-chip producer SK Hynix is exploring a potential listing on the U.S. stock market through American Depositary Receipts (ADRs), according to a regulatory filing released Wednesday. The company...

SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters

SoftBank Group shares dropped sharply on Thursday, leading declines across Japanese markets, after Oracles mixed quarterly earnings reignited concerns about soaring artificial intelligence investments. SoftBank (TYO:9984)...