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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

Blockchain startup Stratumn raises €7M in Series A funding

Jun 09, 2017 04:13 am UTC| Digital Currency

Blockchain startup Stratumn has successfully raised 7 million in a Series A funding round that saw investments from Nasdaq, Digital Currency Group, Open CNP, the Corporate Venture arm of CNP Assurances and Otium...

Blockchain Revolution Series

Coinsilium invests in blockchain-powered social networking platform ‘Indorse’

Jun 08, 2017 12:01 pm UTC| Digital Currency

Coinsilium Group Limited, an accelerator that finances and manages the development of early-stage blockchain companies, has announced the successful completion of its investment of SG$100,000 through a convertible loan...

Blockchain Revolution Series

Agrello selects Ethereum blockchain for distributed legal system platform

Jun 08, 2017 11:05 am UTC| Digital Currency

Agrello, a blockchain startup based in Estonia, announced that it is deploying its distributed platform for the legal system on Ethereum. The blockchain company blends artificial intelligence with that of blockchain and...

Blockchain Revolution Series

What's holding up the blockchain?

Jun 08, 2017 07:32 am UTC| Insights & Views Fintech

Its not technology or regulation holding back the blockchain - software that stores and transfers value or data across the internet - we just havent figured out the next big use-case. Two reports released this week by the...

Blockchain Revolution Series

Blockchain company Humaniq opens office space in San Francisco

Jun 08, 2017 05:47 am UTC| Digital Currency

Ethereum-based blockchain banking app Humaniq, announced that it has opened a new office space in San Francisco after the successful pre-seed funding campaign. The pre-seed funding reached to 12,000 participants and...

Blockchain Revolution Series

Blockchain startup Colu open sources banking infrastructure ‘Bankbox’

Jun 08, 2017 04:46 am UTC| Digital Currency

Tel Aviv-based blockchain startup Colu stated that it is open-sourcing banking infrastructure that is known as Bankbox. The move aims to curb technical barriers and lower the costs of central banks that are planning to...

Blockchain Revolution Series

Blockchain healthcare startup Patientory raises $7.2M in three days

Jun 08, 2017 04:38 am UTC| Digital Currency

Healthcare cybersecurity startup Patientory has raised $7.2 million in a successful crowdsale drive, which helped it achieve its funding goal in only three days. The token sale ended on 03 June 2017 and saw the...

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Economy

Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal

Indonesia expects to finalize its tariff negotiations with the United States by the end of the year, signaling continued momentum in bilateral trade relations despite reports of growing tensions. The announcement was made...

Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook

Most Asian currencies traded in a narrow range on Friday as investors digested the U.S. Federal Reserves latest interest rate decision and assessed the outlook for monetary policy next year. While regional foreign exchange...

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...

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)...