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Digital Currency Revolution

No plans to issue central bank digital currency: Bank of Korea

Jun 19, 2018 06:46 am UTC| Digital Currency

The Bank of Korea (BoK) this week announced that it has no plans to issue central bank digital currency (CBDC), according to The Korea Times. The central bank underscored its concerns relating to the issuance of CBDCs...

Digital Currency Revolution

Crypto exchange Binance backs Malta Stock Exchange’s FinTech Accelerator Program

Jun 19, 2018 05:56 am UTC| Digital Currency Fintech

Leading cryptocurrency exchange Binance is extending support to a startup accelerator program launched by the Malta Stock Exchange, Finance Magnates reported. The MSX FinTech Accelerator Programme aims to support...

Digital Currency Revolution

Cryptocurrencies looking beyond the hype - Bank for International Settlement

Jun 19, 2018 05:52 am UTC| Digital Currency Research & Analysis Insights & Views

Hyun Song Shin (Economic Adviser and Head of Research) expresses about Chapter V of the Annual Economic Report 2018. In this latest chapter entitled Cryptocurrencies: looking beyond the hype released by the BIS (Bank...

Blockchain Revolution Series

TrueUSD creator TrustToken secures $20M from Andreessen Horowitz and others

Jun 19, 2018 05:02 am UTC| Digital Currency

Asset tokenization platform TrustToken has raised $20 million in a strategic round, with support from leading investment firms Andreessen Horowitz, BlockTower Capital, Danhua Capital, GGV Capital, and...

Digital Currency Revolution

Square receives cryptocurrency license from NYDFS

Jun 19, 2018 04:17 am UTC| Digital Currency

The New York State Department of Financial Services (DFS) has granted a virtual currency license to Square, a financial services company that already holds a money-transmitter license from the DFS. The DFS said that it...

Blockchain Revolution Series

SAP announces Cloud Platform Blockchain service, forms blockchain consortium for transportation industry

Jun 19, 2018 03:30 am UTC| Digital Currency

Enterprise software firm SAP unveiled a new a new blockchain as a service (BaaS) earlier this month alongside a number of products and partnerships. The company announced SAP Cloud Platform Blockchain a new BaaS that...

Digital Currency Revolution

Russia's Sberbank and Alfa Bank to pilot cryptocurrency portfolios

Jun 18, 2018 11:59 am UTC| Digital Currency

Leading Russian banks Sberbank and Alfa Bank are piloting digital currency portfolios for their private clients, CoinDesk reported referring to a report from local news source Kommersant. The pilot will be conducted...

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Economy

Inflation Nears Fed’s 2% Target as Donald Trump's Economic Polling Advantage Shrinks

The Federal Reserves preferred inflation measure showed a further decrease, nearing its 2% target, as price pressures ease. With inflation subsiding, the Fed is expected to continue rate cuts, while former President Donald...

Japan’s Business Leaders Anticipate Economic Growth Boost Under New Prime Minister Ishiba

As Shigeru Ishiba prepares to take over as Japans next prime minister, business leaders are hopeful that his administration will implement policies to accelerate the nations economic recovery. With wage increases and...

Global Active ETF Assets Hit Record $1 Trillion Amid Regulatory Changes and Innovation

Global active ETF assets reached a milestone $1 trillion in August, according to ETFGI, driven by regulatory shifts and diverse product offerings. Analysts expect accelerated growth in the coming years.* Regulatory...

TD Bank Nears Guilty Plea Over U.S. Money Laundering Allegations

TD Bank is reportedly nearing a guilty plea regarding criminal charges alleging that its U.S. retail banking arm failed to curb money laundering, according to The Wall Street Journal. The alleged laundering activities are...

UBS: China’s Stimulus Measures Could Boost Struggling Economy

Chinas recent stimulus measures are being viewed as a potential turning point for its struggling economy, according to analysts at UBS. Amid slowing economic momentum and mounting deflationary pressures, Chinas top...

Politics

부유한 투자자 57%, 해리스 지지 계획… 43%는 트럼프 선호 - 설문조사

최근 UBS 설문조사에 따르면, 다수의 부유한 투자자들이 다가오는 미국 대선에서 카말라 해리스 부통령을 지지할 계획인 것으로 나타났다. 해당 설문조사에서 부유한 투자자의 57%가 해리스를 선호하는 반면, 43%는 도널드 트럼프 전...

이스라엘, 레바논과 휴전 논의 지속할 것이라고 네타냐후 밝혀

베냐민 네타냐후 이스라엘 총리는 금요일(현지시간) 이스라엘이 향후 며칠간 레바논과의 휴전 제안을 계속 논의할 것이라고 밝혔으며, 워싱턴은 추가적인 충돌이 양측 민간인들의 귀환을 더욱 어렵게 만들 것이라고 경고했다. 이스라엘...

한국, 이시바 총리 체제 일본과 우호 관계 구축할 것

한국 외교부는 이시바 시게루가 일본 집권당의 당수로 선출된 이후 일본의 새 내각과 함께 가장 가까운 이웃이자 파트너인 일본과 긍정적인 관계를 구축하기 위해 협력할 것을 기대한다고 밝혔다. 윤석열 대통령은 일본의 전시 역사로...

이시바 시게루, 다섯 번째 도전 끝에 일본 총리로 선출

일본의 차기 총리로 선출된 이시바 시게루는 금요일 (현지시간) 다섯 번째이자 자신이 말하는 마지막 총재 도전에서 승리한 후 집권당을 쇄신하고, 경제를 부흥시키며, 강대국 이웃들의 안보 위협에 대응하겠다고 밝혔다. 67세의 전...

바이든 행정명령, 3D 총기 규제 및 학교 총격 대응 훈련 개선 기대

로이터통신에 따르면 조 바이든 미국 대통령과 카말라 해리스 부통령은 목요일 (현지시간) 3D 프린팅 및 개조된 총기로 인한 위협에 대응하고 학교의 총격 대응 훈련을 개선하기 위한 새로운 행정명령을 발표했다. 바이든이 백악관...

Science

Tesla’s $25K Compact Car Could Drive Bigger Stock Gains Than Robotaxi, Analyst Predicts

As anticipation builds for Teslas Robotaxi, some analysts believe the companys upcoming $25,000 compact car will have a more significant impact on its stock. Gary Black of The Future Fund argues that entering the...

Starlink Reaches 4 Million Customers Globally as SpaceX Expands Operations and Services

SpaceXs Starlink has officially surpassed 4 million customers across more than 100 countries. This milestone was announced by SpaceX COO Gwynne Shotwell, who also outlined plans for expanding Starlinks satellite network...

SpaceX Enhances Crew Dragon Safety with Emergency Thruster Landing Capability for Crews

SpaceX has introduced a significant safety enhancement to its Crew Dragon spacecraft, allowing the use of thrusters for emergency landings if parachutes fail. This new feature will be active in the upcoming Crew 9 mission,...

SpaceX Nears 4 Million Starlink Customers and Invests $3 Billion in Texas Starship Development

SpaceX is on the verge of hitting four million Starlink customers, according to President Gwynne Shotwell. The company has invested $3 billion into Starship facilities in Texas, emphasizing the significance of Starship for...

SpaceX Criticizes FAA Over Licensing Delays and 'Inaccurate' Testimony in Congressional Hearing

SpaceX has called out the Federal Aviation Administration (FAA) for making incorrect and concerning claims during a congressional hearing. The tension centers around SpaceXs licensing challenges for Starship missions and...

Technology

Apple Withdraws from OpenAI Investment Talks Ahead of $6.5 Billion Funding Round: WSJ Reports

Apple has reportedly pulled out of negotiations to join OpenAIs $6.5 billion funding round, according to The Wall Street Journal. The decision leaves Microsoft and Nvidia as potential key investors in OpenAI, which is...

Bitcoin Soars Past Gold: Michael Saylor Says BTC's 51% Surge Crushes Traditional Assets

Bitcoin continues its meteoric rise in 2024, boasting a 51% year-to-date gain that outstrips gold and real estate. Michael Saylor of MicroStrategy underscores Bitcoins superior performance as it reclaims $66,000,...

PEPE Rockets 16%—Is the Meme Coin Set to Kickstart a Massive Altcoin Boom?

PEPE surged by 16%, reigniting excitement in the crypto space as traders wonder if this spike is the precursor to an altcoin season. With a market cap of $4.74 billion, the meme coin is showing signs of leading the charge,...

Tesla's Mystery Prototype Spotted in California—Is This the Game-Changing $25K EV?

A camouflaged Tesla Model 3 prototype, potentially signaling Teslas rumored $25,000 electric vehicle, was spotted in California. The sighting has reignited speculation about Teslas push to dominate the affordable EV...

Hamster Kombat Token Ignites $1.2 Billion Trading Frenzy—TON Network Faces Massive Airdrop Pressure

Hamster Kombats highly anticipated HMSTR token launch sparked over $1.2 billion in trading within 24 hours, putting The Open Network under immense pressure from distributing a massive airdrop to potentially 100 million...