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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 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...

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...

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Economy

Gold Price Hits Annual Low as Fed Rate Hike Bets and Sticky Inflation Weigh on Bullion

Gold prices extended their decline on Tuesday, falling to their lowest level of the year as investors reacted to growing expectations that the U.S. Federal Reserve could raise interest rates again amid persistent...

RBA Minutes Signal Australia Central Bank Remains Ready to Raise Interest Rates if Inflation Persists

The Reserve Bank of Australia (RBA) remains prepared to raise interest rates again if inflation risks intensify, according to the minutes of its June policy meeting released on Tuesday. The central bank emphasized that it...

Asian Stocks End Strong Quarter as Dollar Surges, Yen Hits 40-Year Low Ahead of US Jobs Data

Asian stock markets traded cautiously on Tuesday as investors wrapped up a remarkably strong second quarter, while a stronger U.S. dollar pushed the Japanese yen to its weakest level in four decades amid shifting...

China Manufacturing PMI Edges Higher in June as Exports and AI Investment Boost Growth

Chinas manufacturing sector posted modest growth in June, with factory activity slightly exceeding market expectations as stronger export demand and continued investment in artificial intelligence supported production....

Gold Prices Drop as Fed Rate Outlook and Iran Tensions Weigh on Market

Gold prices declined sharply on Monday despite a weaker U.S. dollar, as renewed Middle East tensions and expectations for higher U.S. interest rates continued to pressure the precious metal. Investors also shifted their...

Politics

Trump Suspends Some Morocco Fertilizer Tariffs to Ease U.S. Supply Shortage

U.S. President Donald Trump has authorized the temporary suspension of certain duties on phosphate fertilizer imports from Morocco in an effort to ease fertilizer shortages affecting American farmers, the White House...

Sheinbaum Says No One Is Above the Law After Abuse Video of Ex-Pemex Chief Emerges

Mexican President Claudia Sheinbaum said her administration will not shield anyone from justice after a video surfaced appearing to show former Pemex chief Victor Rodriguez physically assaulting his wife, prompting a...

Russian Attacks on Dnipro, Zaporizhzhia, and Kharkiv Kill 10 as Ukraine Vows Response

Russian missile and drone attacks on three major Ukrainian cities killed at least 10 people and injured dozens on Monday, Ukrainian officials said, as strikes continued throughout the day and emergency crews searched...

Maria Corina Machado Vows Return to Venezuela After Earthquakes Despite Obstacles

Venezuelan opposition leader Maria Corina Machado said on Monday that she is prepared to do whatever it takes to return to Venezuela and assist with recovery efforts following the devastating back-to-back earthquakes that...

Trump Signs Memorandum Backing Americans’ Right to Repair Their Own Vehicles

U.S. President Donald Trump signed a new memorandum on Monday supporting Americans right to repair their own vehicles, reinforcing efforts to expand consumer access to vehicle maintenance while highlighting ongoing debates...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Anthropic Brings Claude AI Models to Microsoft Azure Foundry With NVIDIA Blackwell GPUs

Anthropic announced on Monday that its Claude family of artificial intelligence models is now available through Microsoft Foundry on Azure, powered by NVIDIAs GB300 Blackwell Ultra GPU systems. The rollout marks the first...

Apple Challenges India Antitrust Probe, Says CCI Copied Rivals’ Claims in App Store Case

Apple has intensified its legal battle with Indias antitrust regulator, arguing that investigators relied on copy-pasted allegations from rivals instead of conducting an independent review in a case that could reshape the...

Super Micro Shares Slide After Taiwan Raids Over Alleged Nvidia AI Chip Smuggling Probe

Super Micro Computer Inc. came under renewed scrutiny on Monday after Taiwanese authorities raided its local offices as part of an investigation into the alleged smuggling of Nvidia AI chips to China through the companys...

Australia Sues Amazon Over Prime Video Ads and Subscription Terms

Australias competition watchdog has launched legal action against Amazon.com Inc. (NASDAQ: AMZN), alleging the company violated Australian consumer law by using unfair contract terms to introduce advertising on its Prime...

Baige Online Shares Soar 333% in Hong Kong IPO Debut as AI Insurance Demand Lifts Chinese Listings

Chinese insurtech firm Baige Online Digital Technology Co. (HK:2672) delivered an impressive debut on the Hong Kong Stock Exchange on Monday, with its shares surging as much as 333% in early trading. The strong performance...