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Blockchain Revolution Series

The DAO to review blockchain-based gaming platform Peerplays’ proposal

Jun 03, 2016 07:09 am UTC| Digital Currency

The Decentralized Autonomous Organization (The DAO) is going to start reviewing and voting on proposals this week to fund a new generation of blockchain technologies, adding that Peerplays is next in line for...

Blockchain Revolution Series

Blockchain should be examined further, says EU watchdog’s discussion paper

Jun 03, 2016 06:32 am UTC| Digital Currency

The European Unions markets watchdog has released a discussion paper on June 2, 2016 on blockchains and distributed a ledger which is aimed in developing policy positions on the technologies. The European Securities and...

Digital Currency Revolution

LSE carries out study to explore use of blockchain technology for making securities transactions secure

Jun 03, 2016 06:24 am UTC| Digital Currency

The London School of Economics has released a new report that analyses the current system of holding and transferring securities and argues that blockchain technology would make it possible to create a system that has the...

Blockchain Revolution Series

Infosys’ EdgeVerve Systems in talks with banks for blockchain adoption

Jun 03, 2016 05:14 am UTC| Digital Currency

Infosys EdgeVerve Systems which is a product subsidiary of Infosys that offers the Infosys Finacle universal banking solution suite said on Thursday that it is in initial talks with banks to adopt the blockchain...

Digital Currency Revolution

CFTC slaps $75K penalty on Bitfinex over trading violations

Jun 03, 2016 04:44 am UTC| Digital Currency

The U.S. Commodity Futures Trading Commission (CFTC) has issued an Order filing against Hong Kong-based bitcoin exchange Bitfinex, requiring it to pay a $75,000 civil monetary penalty. The CFTC found that the exchange...

Blockchain Revolution Series

Abu Dhabi regulators propose regulatory framework to support blockchain and fintech startups

Jun 02, 2016 12:24 pm UTC| Digital Currency

Abu Dhabis independent regulatory authority comes up with a regulatory framework to support participants deploying innovative technology within the financial services sector. The framework will promote the development...

Digital Currency Revolution

Coinbase launches Buy Widget to simplify bitcoin purchases for new users

Jun 02, 2016 12:21 pm UTC| Digital Currency

Coinbase, a San Francisco based leading bitcoin exchange and wallet service, has announced that it has built its Coinbase Buy Widget to facilitate easiest and fastest bitcoin purchases by a new user. We are very excited...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Science

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...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Apple Embarks on AI Chip Development for Data Center Capabilities

Apple Inc. is set to transform the tech landscape with its newly developed AI chip, tailored specifically for data center operations. Dubbed Project ACDC, this initiative marks a significant leap in server technology,...

Kia Drops Images of Its New All-Electric EV3 Model Ahead of Release

Kia Motors announced that its latest electric car model called the EV3, is finally coming to the market this month. Ahead of the release, the South Korean automaker dropped images of the anticipated new EV to tease...

Switch Successor Announcement Expected Before Next April, Nintendo States

Nintendo has stated that it will officially introduce the Switch replacement system within this fiscal year before March 31, 2025. Upcoming Nintendo Direct Focuses on Current Switch Games Nintendo president Shuntaro...

Marathon Digital Soars 18% on News of S&P SmallCap 600 Inclusion

Marathon Digital, a leading Bitcoin miner, is set to join the SP SmallCap 600, propelling its shares up by 18%. Announced to replace Aaon in the index on May 8, the move reflects Marathons growing influence in the...
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