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Digital Currency Revolution

Virtual currencies pose a vital challenge for compliance with BSA/AML laws: US OCC

Jul 14, 2016 05:05 am UTC| Digital Currency

The US Office of the Comptroller of the Currency (OCC), the federal agency that charters, regulates, and supervises all national banks, has emphasized on the increase in the use of digital currencies by criminals for...

Blockchain Revolution Series

APG partners to explore blockchain technology, artificial intelligence

Jul 13, 2016 13:32 pm UTC| Digital Currency

Dutch-based APG pension system has announced its collaboration with other companies and knowledge institutions to work on practical applications of blockchain technology, artificial intelligence and on technology that curb...

Digital Currency Revolution

FxWirePro: ETH/USD trades flat, good to sell on rallies

Jul 13, 2016 12:49 pm UTC| Digital Currency

ETH/USD is seen trading flat in green on Wednesday. The pair is consolidating in anarrow range between $10.79 and $10.37 (KRAKEN) for the past two trading session. It is currently trading around $10.55 at the time of...

Blockchain Revolution Series

Absa bank becomes first African member to join R3 blockchain consortium

Jul 13, 2016 12:39 pm UTC| Digital Currency

Absa Bank, the South African subsidiary of Barclays Africa Group has joined the R3 global blockchain consortium in an effort to design and apply distributed and shared ledger-inspired technologies to global financial...

Digital Currency Revolution

LTC/USD trades well above $4 level, jump till $4.53/$4.84 likely

Jul 13, 2016 11:23 am UTC| Digital Currency

LTC/USD is seen trading above on Wednesday. The pair has broken minor psychological resistance at $4 and jumped till $4.1580 (BTCE) yesterday. It is currently trading around $4.112 at the time of writing. Ichimoku...

Blockchain Revolution Series

KBC Group trials blockchain-based application for international SME trade

Jul 13, 2016 11:05 am UTC| Digital Currency

KBC, a bank-insurer in partnership with Cegeka, an IT specialist and various other companies has announced that it has successfully tested Digital Trade Chain (DTC), a blockchain solution to facilitate secure international...

Blockchain Revolution Series

Banco Santander appoints Blythe Masters as senior blockchain advisor

Jul 13, 2016 07:51 am UTC| Digital Currency

Banco Santander, the Spanish banking group has announced on Tuesday that Blythe Masters, CEO of blockchain startup Digital Asset Holdings has resigned from SC Board of Directors to take on a new role as senior blockchain...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

Science

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

Technology

$73M Crypto Scam: Two Foreign Nationals Arrested for 'Pig Butchering'

The Justice Department prosecuted two Chinese nationals on Friday in a cryptocurrency scam that laundered at least $73 million from deceived victims. Defendants Allegedly Used Shell Corporations to Launder Funds Through...

Tether's $1B USDT Mint Boosts Bitcoin, Eyes on $70K Milestone

Bitcoin has switched its former resistance into support, as Tethers market capitalization continues to rise swiftly in 2024. Tether, the worlds largest stablecoin, has issued another $1 billion, raising its market...

Crucial SHIB Warning Goes Out: Fake Airdrop Scams Targeting Community, Here's Reason

The Shiba Inu team has delivered a crucial warning to its community, highlighting the presence of fake SHIB airdrop scams and the importance of safeguarding cryptocurrency assets. Shiba Inu Team Warns Community Against...

China To Drive Next Rally in Bitcoin, Gold Prices: Tapiero's Bold Predictions

The prospective outlook for Chinas economy, combined with speculation of Quantitative Easing (QE) in the regions real estate industry, is expected to have an impact on Bitcoin (BTC) and gold prices and liquidity in the...

Microsoft Integrates AMD AI Chips into Azure, Competing with Nvidia’s GPU Offerings

Microsoft announced Thursday that it will integrate AMDs MI300X processors into its Azure cloud services, offering a competitive alternative to Nvidias GPUs. Azures New AI Processing Power According to Reuters,...