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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

DigitalX welcomes Blockchain Global Limited as investor

Jun 07, 2017 12:47 pm UTC| Digital Currency

DigitalX, an Australia-based blockchain software solutions group, announced that it has entered into a subscription agreement as well as converting loan agreement with Blockchain Global Limited (BGL) in order to invest...

Blockchain Revolution Series

US General Services Administration to work on blockchain pilot project

Jun 07, 2017 07:34 am UTC| Digital Currency

The United States General Services Administration is going to work on a federal blockchain pilot project this summer, Federal News Radio reported. The initiative is a part of GSAs ongoing Emerging Citizen Technology...

Blockchain Revolution Series

Tech titans and blockchain industry form new consortium focusing on digital ID

Jun 07, 2017 07:04 am UTC| Digital Currency

Tech giants and blockchain firms have joined a new consortium DIF, which is an open source decentralized identity ecosystem for people, organizations, and devices that enables a new class of apps and services. The...

Blockchain Revolution Series

Nevada blockchain tax bill gets Governor’s approval

Jun 07, 2017 06:33 am UTC| Digital Currency

Governor Brian Sandoval has signed the Nevada Senate Bill 398 into law, making Nevada the first state in the United States to ban blockchain taxes, CoinDesk reported. Filed by Senator Ben Kieckhefer in March this year,...

Blockchain Revolution Series

Data61 explores blockchain adoption across government and industry in Australia

Jun 07, 2017 05:33 am UTC| Digital Currency

Data61, a part of Australias innovation catalyst CSIRO, has released a comprehensive review on blockchain technology and its potential adoptions across government and industry in Australia. The review aims to deliver...

Blockchain Revolution Series

UC Berkeley leverages Bitmark blockchain for public health studies

Jun 06, 2017 08:43 am UTC| Digital Currency

Taiwanese startup Bitmark Inc has announced that it will fund UC Berkeley School of Public Health research fellows to conduct studies using its blockchain technology. The startup has partnered with UC Berkeley to...

Blockchain Revolution Series

Nevada blockchain bill sent to Governor’s office for approval

Jun 06, 2017 05:50 am UTC| Digital Currency

Nevada lawmakers have sent a bill to the Governors office for final approval, which seeks to prohibit a local government from taxing or imposing restrictions upon the use of the blockchain technology. Filed by Senator...

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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)...