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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

FxWirePro: ETH/USD rangebound, break below 200-DMA targets 620

May 17, 2018 10:53 am UTC| Digital Currency

ETH/USD continues to trade in a narrow range on Thursday as it tries to hold above 200-DMA. It is currently hovering around 700 levels at the time of writing (Coinbase). On the upside, the pair faces resistance at 715...

Blockchain Revolution Series

Banco Santander uses blockchain for investor voting at Annual General Meeting

May 17, 2018 10:15 am UTC| Digital Currency

Spanish banking giant Banco Santander has announced it used blockchain technology for investor voting at its annual general meeting (AGM). The pilot was run in collaboration with fintech company Broadridge, as well as...

Blockchain Revolution Series

Veridium taps IBM Blockchain to help companies offset environmental footprints

May 17, 2018 09:10 am UTC| Digital Currency

An environmental startup is seeking to tap IBM Blockchain to simplify offsetting environmental footprints for companies. Veridium Labs is teaming up IBM to leverage its blockchain technology and expertise to transform...

Blockchain Revolution Series

Selling Data Freely Proposed as Data Breach Solution

May 17, 2018 07:23 am UTC| Technology

With the uproar created by Facebook over privacy issues of their services, other tech companies are bringing in a broom to clean the mess. This is coming in the form of enabling users to sell their own data to companies or...

Blockchain Revolution Series

Infosys establishes blockchain-based trade network with seven Indian banks

May 17, 2018 05:58 am UTC| Digital Currency

Infosys Finacle, a wholly-owned subsidiary of Indian tech giant Infosys, has set up a blockchain-based trade network in the country in collaboration with seven major domestic banks. The network, India Trade Connect, has...

Blockchain Revolution Series

Deutsche Bank joins Hyperledger blockchain project as Premier Member

May 17, 2018 05:06 am UTC| Digital Currency

Hyperledger, a cross-industry collaborative blockchain initiative, has announced that leading global financial services provider Deutsche Bank has joined the project as a Premier member. Deutsche Bank joins existing...

Blockchain Revolution Series

Blockchain data startup Streamr partners with Nokia and OSIsoft

May 17, 2018 04:20 am UTC| Digital Currency

Swiss blockchain startup Streamr made major announcements at Consensus 2018 in New York the launch of its real-time data marketplace and its partnerships with consumer electronics giant Nokia and OSIsoft, a leader in...

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Economy

China Opens Door to Stronger U.S. Trade Ties Amid Rising Tensions

China has signaled a willingness to deepen economic and trade cooperation with the United States, as Commerce Minister Wang Wentao met with U.S. Trade Representative Jamieson Greer on the sidelines of a World Trade...

U.S. Stocks Tumble as Iran Peace Deal Uncertainty Spooks Markets

Wall Street closed sharply lower on Thursday as conflicting signals over a potential U.S.-Iran peace agreement rattled investor confidence. President Donald Trumps ambiguous remarks about whether Washington was willing or...

Oil Prices Slip as Middle East Tensions Ease, Heading for Weekly Loss

Oil prices declined during Asian trading on Friday, putting both major benchmarks on course for a weekly loss of more than 4%, as signs of diplomatic progress between the United States and Iran reduced the geopolitical...

Dollar Strengthens as U.S.-Iran Peace Talks Send Mixed Signals

The U.S. dollar gained ground on Thursday, rising 0.3% to 99.90 on the US Dollar Index, as conflicting signals surrounding U.S.-Iran peace negotiations renewed demand for safe-haven assets. Investors looking for stability...

Gold Prices Drop Amid Iran Peace Talk Uncertainty and Stronger Dollar

Gold prices fell sharply on Thursday as mixed signals from President Donald Trump regarding Iran peace negotiations rattled investors, while a strengthening U.S. dollar added further downward pressure on the precious...

Politics

Israeli Airstrike Targets Building in Beirut's Southern Suburbs Amid Ongoing Hezbollah Conflict

Early Friday morning, Israeli forces launched an airstrike involving three missiles aimed at a building located in the southern suburbs of Beirut, according to security sources familiar with the situation. Details...

Ukraine-Russia War: Frontline Updates as Spring Offensive Looms

Tensions along the Ukraine-Russia front line are escalating as both sides report territorial shifts in eastern and northeastern Ukraine. Russias Defence Ministry claimed Thursday that its forces seized the village of...

Russia Accused of Helping Iran Target U.S. Forces, European Powers Tell G7

European nations have formally accused Russia of providing military intelligence and drone technology to Iran to help target American forces in the Middle East, raising the issue directly with U.S. Secretary of State Marco...

G7 Summit 2026: South Africa Excluded Amid U.S. Pressure, Kenya Invited Instead

France has officially denied that South Africa was dropped from the G7 leaders summit guest list due to pressure from Washington, stating that Kenya was chosen as Africas representative ahead of President Emmanuel Macrons...

Trump Pauses Iran Strikes as Peace Talks Stall Amid Military Buildup

President Donald Trump announced a 10-day pause on U.S. strikes targeting Iranian energy infrastructure, pushing the deadline to April 6, 2026. Trump attributed the extension to a direct request from Tehran, though peace...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round

Nvidia-backed artificial intelligence startup Reflection AI is in advanced discussions to secure $2.5 billion in fresh funding, with negotiations pointing to a staggering pre-money valuation of $25 billion, according to a...

Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco

Shares of Taiwan-based memory chip manufacturer Nanya Technology soared to their daily limit of 10% on Thursday morning following the companys announcement of a major $2.5 billion private placement deal backed by prominent...

SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion

South Korean memory chip giant SK Hynix has submitted a confidential filing for a U.S. stock market listing in 2026, with sources indicating the move could raise as much as $14 billion. The company intends to offer...

Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push

Meta Platforms made a significant move this week by granting restricted stock units and stock options to several of its most senior leaders, including Chief Financial Officer Susan Li and Chief Technology Officer Andrew...