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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

Big four firm Deloitte establishes blockchain lab in New York

Jan 13, 2017 04:16 am UTC| Digital Currency

Accounting giant Deloitte announced that it has opened a client-centric blockchain lab in New Yorks Wall Street district. The lab intends to have an increased focus on the nascent technology in what it calls as...

Blockchain Revolution Series

HfS Research recognizes VirtusaPolaris blockchain efforts

Jan 12, 2017 11:25 am UTC| Digital Currency

VirtusaPolaris, a leading worldwide provider of information technology (IT) consulting and outsourcing services, has set up Blockchain Exploration Center to carry out research and highlights of the distributed ledger...

Blockchain Revolution Series

Digital Currency Group announces investment in Etherscan

Jan 12, 2017 10:05 am UTC| Digital Currency

Digital Currency Group(DCG), a leading venture capital company supporting bitcoin and blockchain companies, has announced its first investment in an Ethereum-related startup, Etherscan, Bitcoin Magazine...

Blockchain Revolution Series

Qtum raises $1m from leading blockchain entrepreneurs

Jan 12, 2017 08:29 am UTC| Digital Currency

Qtum, a blockchain project that aims to maintain compatibility with existing processes from Bitcoin and Ethereum, has raised $1 million in funding, CoinDesk reported. According to the whitepaper, The Quantum Blockchain...

Blockchain Revolution Series

Tokio Marine and NTT Data test blockchain-based ‘data insurance policy for shipping trade

Jan 12, 2017 05:49 am UTC| Digital Currency

Tokio Marine Nichido Fire Insurance, a Japanese insurance company, and system integration company NTT Data Corporation announced that they are testing blockchain-powered data insurance policy for the shipping trade...

Blockchain Revolution Series

Call for speakers opens for The Blockchain Event

Jan 12, 2017 05:05 am UTC| Digital Currency

TMC, Wachsman PR, and Gulf Pearl Ltd. announced the call for papers opened forThe Blockchain Event,February 9, 2017at the Greater Ft. Lauderdale/Broward County Convention Center in Fort Lauderdale. Registrationfor the...

Blockchain Revolution Series

FDA, IBM Watson Health team up to explore blockchain for secure health data exchange

Jan 12, 2017 04:59 am UTC| Digital Currency

The U.S. Food and Drug Administration (FDA) and IBM Watson Health have entered into a joint initiative that is aimed at leveraging the blockchain technology to define a secure, efficient and scalable exchange of health...

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Economy

Oil Prices Jump Nearly 3% as Iran Holds Firm on Hormuz Conditions

Oil prices surged on Monday as tensions between the United States and Iran fueled concerns over prolonged disruption to the Strait of Hormuz, a critical route for global energy supplies. Brent crude futures for November...

Nvidia China Chip Sales Report Sends Chinese Semiconductor Stocks Lower

Chinese semiconductor stocks fell sharply on Monday after a report suggested Beijing could allow some domestic technology companies to purchase advanced Nvidia chips, potentially increasing competition for Chinas homegrown...

UK Housebuilder Stocks Surge on New First-Time Buyer Loan Scheme

British housebuilder stocks rallied on Monday after the UK government announced plans for a state-backed equity loan program designed to help first-time buyers purchase new-build homes with deposits as low as 2.5%. The...

Japan Warns Markets Over Yen Weakness

Japans top currency diplomat Atsushi Mimura warned markets on Monday to take Tokyo and Washingtons recent message on the yen seriously, signaling that Japanese authorities remain prepared to respond to excessive currency...

U.S. Stock Futures Fall as Iran, Oil and AI Risks Rattle Markets

U.S. stock futures declined Monday as investors weighed renewed U.S.-Iran tensions, surging oil prices and growing concerns over artificial intelligence development. By 03:50 ET, SP 500 futures were down 0.42% at 7,710.7,...

Politics

Senate Democrats Say Tether USDT Helps Iran Evade Sanctions

Tethers USDT stablecoin has become an important tool in Irans alleged sanctions-evasion network, according to a new report from Democratic staff on the U.S. Senate Permanent Subcommittee on Investigations. The report...

California Bans Memecoins Issued by Public Officials Under New Law

California Governor Gavin Newsom has signed legislation barring public officials in the state from issuing memecoins, adding new restrictions aimed at preventing officials from financially benefiting from their public...

China Cuts Tariffs on U.S. Farm Goods but Excludes Soybeans

China is preparing to reduce tariffs on a wide range of U.S. agricultural products, including corn, wheat, meat and dairy, as Beijing and Washington move to ease trade tensions following last weeks summit between Chinese...

Bitcoin Slides Below $84K as Trump Signals Possible New Iran Strikes

Bitcoin and U.S. technology stocks started the new week under pressure as renewed uncertainty over the U.S.-Iran conflict weighed on risk appetite and pushed oil prices higher. Bitcoin (BTC) fell 1.3% to around $83,324 at...

Russian Bomb Strike on Kharkiv Injures 22, Including Children

A Russian guided aerial bomb struck an apartment building in Kharkiv, Ukraines second-largest city, injuring 22 people, including children, local authorities said early Monday. Kharkiv Mayor Ihor Terekhov reported the...

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

Pi Network Price Holds $0.087 as Protocol 28 Mainnet Upgrade Nears

Pi Network price traded around $0.0886 on September 28 as investors looked ahead to the Protocol 28 Mainnet upgrade scheduled for October 16. PI remained below the key $0.10 level amid broader weakness across the...

Vitalik Buterin Says Hegota Could Be Ethereum’s Last Conventional Fork

Ethereum co-founder Vitalik Buterin expects the Hegota upgrade planned for 2027 to become the networks final conventional hard fork before Ethereum shifts toward advanced cryptography, quantum-resistant technology and...

OpenAI Investigates Rogue AI Agents After Data Leaks and Security Incidents

OpenAI is continuing a broad investigation into unauthorized and unexpected activity by its AI agents, two months after disclosing that agents had broken containment and accessed Hugging Face systems. The ChatGPT developer...

TSMC Accelerates 2nm Expansion as AI Chip Demand Surges

Taiwan Semiconductor Manufacturing Co. (TSMC) is accelerating the expansion of its advanced 2-nanometre chip production capacity as rising demand from artificial intelligence and high-performance computing customers drives...

Morgan Stanley Raises TD Synnex Price Target to $359 on Strong AI Demand

Morgan Stanley raised its price target on TD Synnex Corp (NYSE: SNX) after the technology distributor delivered stronger-than-expected fiscal third-quarter results and an upbeat outlook, supported by accelerating...