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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

New research finds links to child pornography on Bitcoin blockchain

Mar 21, 2018 10:19 am UTC| Digital Currency

Bitcoin blockchain contains hundreds of links to child pornography, new research has revealed. Researchers at Germanys RWTH Aachen University analysed the non-financial content on the bitcoin blockchain, which revealed...

Blockchain Revolution Series

US FTC sets up internal Blockchain Working Group

Mar 21, 2018 09:31 am UTC| Digital Currency

The U.S. Federal Trade Commission (FTC) has announced that it has set up an internal Blockchain Working Group. Recently, the FTC announced a lawsuit against four individuals alleging that they were involved in promoting...

Blockchain Revolution Series

Blockchain startup Bitfury commits $35M in new energy-efficient datacenter in Norway

Mar 21, 2018 04:55 am UTC| Digital Currency

The Bitfury Group has announced its expansion into Norway with the opening of an energy efficient datacenter. The startup investing about 274 million NOK (35 million USD) in the datacenters infrastructure and expects...

Blockchain Revolution Series

VersaVault inks MOUs with cryptocurrency exchange and cryptocurrency fund

Mar 21, 2018 03:08 am UTC| Digital Currency

VersaBank, a technology-based and digital Canadian Schedule I chartered bank, has announced that its subsidiary VersaVault has signed two memorandums of understanding (MOUs) with a cryptocurrency exchange and a...

Blockchain Revolution Series

14 Thai banks team up to develop blockchain-based shared trade finance platform

Mar 20, 2018 11:09 am UTC| Digital Currency

The Bank of Thailand (BoT) has announced that fourteen domestic banks are teaming up to develop a blockchain-based shared trade finance platform. According to Nikkei, Thai banking giants, namely, Bangkok Bank, Krung...

Blockchain Revolution Series

Sierra Leone’s NEC denies using blockchain in Presidential election

Mar 20, 2018 10:30 am UTC| Digital Currency

After recent reports that floated in the media about Sierra Leone using blockchain technology for its elections, the countrys National Electoral Commission has said that it has not used blockchain technology in any way. ...

Blockchain Revolution Series

Northern Trust, PwC enable real-time private equity audit via blockchain

Mar 20, 2018 09:43 am UTC| Digital Currency

Northern Trust, in collaboration with PwC and other audit firms in Guernsey, has developed a solution that would allow audit firms to carry out audits of private equity lifecycle events directly from the blockchain. In...

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Economy

European Share Buybacks Poised for Growth in 2025

European companies remain committed to share buybacks, with Barclays forecasting continued momentum in 2025. In 2024, STOXX 600 firms announced approximately 290 billion in buybacks, marking the third-highest volume ever...

Fed Minutes Signal Slower Rate Cuts Amid Policy Uncertainty

The Federal Reserves latest meeting minutes reveal plans for a slower pace of interest rate cuts, influenced by policy uncertainties tied to President-elect Donald Trump. Analysts at Goldman Sachs noted that Trumps...

Rising Bond Yields Pose Risks to US Stocks and Boost Dollar

Higher bond yields are emerging as a key risk to US stock prices while providing short-term support for the dollar, according to analysts at BCA Research. The yield on the 10-year US Treasury note surged above 4.7% this...

Trump’s Tariff Plans Could Shake Energy Markets

President-elect Donald Trumps proposed import tariffs could be a major disruptor for the energy sector, according to RBC Capital Markets analysts. Trump, taking office soon, has pledged sweeping tariffs, including a 10%...

Bitcoin Drops Amid Fed Signals and DOJ Bitcoin Sales

Bitcoin extended its losses Thursday, falling 1.2% to $93,775.0 at 07:30 ET (12:30 GMT), with an earlier low of $92,540.0. This marked a sharp reversal from its New Year rally, as risk-driven assets tumbled on hawkish...

Politics

Department of Justice Faces Scrutiny Over $100 Million Spent on Controversial DEI Programs in Four Years

The Department of Justice (DOJ) has come under fire following revelations that it spent over $100 million on diversity, equity, and inclusion (DEI) programs in the last four years, according to a report by Fox News. The...

Biden Honors Jan. 6 Committee Members With Prestigious Award, Sparking Fierce Debate Across the Nation

President Joe Biden is set to award the Presidential Citizens Medal to key members of the Jan. 6 committee, including Republican Liz Cheney and Democrat Bennie Thompson. The announcement, first reported by Axios, has...

Elon Musk Sparks Outrage With Explosive Accusations Against Biden’s Border Policies

Tech mogul Elon Musk has once again stirred controversy, this time with his incendiary claim that President Joe Bidens open-border policies constitute 100% treason. The bold accusation, made via Musks widely followed...

Biden’s Bold Move to Permanently Ban Offshore Oil Drilling Sparks Nationwide Debate Before Trump Takes Office

In a dramatic end-of-term decision, President Joe Biden is reportedly planning to implement a permanent ban on offshore oil drilling in key areas, according to Bloomberg. The move is seen as a final effort to solidify his...

Science

Explosive CIA Whistleblower Claims Havana Syndrome Victims Face Cancer, Dementia, and Government Betrayal

A former CIA operative has come forward with alarming allegations, claiming that victims of the mysterious Havana Syndrome are now battling devastating health issues, including cancer, dementia, and Parkinsons disease. The...

FDA Approval of Opdivo Injection Sparks Hope for Cancer Patients with Revolutionary Treatment Update

In a significant advancement for cancer care, the U.S. Food and Drug Administration (FDA) has approved an injectable version of Bristol Myers Squibbs blockbuster cancer drug Opdivo. Branded as Opdivo Qvantig, the new...

Public Health Experts Warn of ‘Quad-Demic’ as Flu, COVID, RSV, and Norovirus Threaten Winter Surge

Public health experts are raising alarms over a potential quad-demic this winter, with flu, COVID-19, respiratory syncytial virus (RSV), and norovirus all expected to surge simultaneously. This unprecedented convergence of...

Philippines' 'Missile Acquisition' Plan Provokes China's 'Arms Race' Warning

The Philippines has announced plans to acquire the U.S.-developed Typhon missile system to bolster its maritime defense capabilities. This decision has elicited strong reactions from China, which warns that such a move...

Technology

Nvidia Criticizes Potential AI Chip Export Restrictions

Nvidia (NASDAQ:NVDA) has voiced concerns over the Biden administrations reported plans to impose stricter AI chip export rules. Nvidias Vice President, Ned Finkle, urged the administration to avoid preempting...

Semiconductor Stock Surge Expected to Plateau in 2025

The semiconductor sector, which saw significant gains in 2024, is expected to plateau in 2025, according to analysts at Jefferies. Last year, the Philadelphia Semiconductor Index rose over 19%, driven by a surge in demand...

Big Tech's Dominance Poses Risks for 2025 Markets

Market concentration remains a significant risk as 2025 begins, according to Barclays strategists. The continued dominance of mega-cap Tech limits a broad-based rise in US equities, with Big Tech maintaining an outsized...

Galaxy Z Flip FE and Watch8 Classic Rumored in Database Leak as Samsung Plans August Unpacked Reveal

The Galaxy Z Flip FE and Watch8 Classic have surfaced in a database, fueling rumors about their global debut at Samsungs highly anticipated August Unpacked event. These devices highlight Samsungs push toward affordability...

Apple Skips TSMC’s Pricey 2nm Chips for iPhone 17 Pro Over Steep Costs and Limited Production

Citing high production costs and limited capacity, Apple has delayed using TSMCs 2nm chips in its iPhone 17 Pro models. The advanced chips are now expected in 2026 with the iPhone 18 Pro series. Apple Delays iPhone 17 Pros...
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