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Blockchain Revolution Series

World Bank to settle A$100M blockchain bond this month

Aug 23, 2018 10:55 am UTC| Digital Currency Fintech

The International Bank for Reconstruction and Development (IBRD), or the World Bank, is going to settle a blockchain-based bond worth A$100 million (US$73.16) million on August 28, Reuters reported. Earlier this month,...

Digital Currency Revolution

Crypto startup Wirex receives e-money licence from UK FCA

Aug 23, 2018 09:52 am UTC| Digital Currency

Wirex, a London-based provider of crypto wallets linked to Visa debit cards, has announced that it has been granted a UK FCA (Financial Conduct Authority) e-money licence. The firm said that it is the third...

Digital Currency Revolution

Chinese regulators look to block 124 foreign crypto exchanges amid wider crackdown

Aug 23, 2018 09:20 am UTC| Digital Currency

Chinese financial regulators are continuing with their crackdown on crypto businesses in the country and are now targeting foreign cryptocurrency exchanges offering trading services in China. Referring to a report from...

Bitcoin tumbles below DMAs with sharp shooting star as SEC declines series of ETF proposals – Bid CME BTC futures of mid-month tenors to hedge

Aug 23, 2018 08:08 am UTC| Research & Analysis Digital Currency Technicals Insights & Views

Today, althoughBTCUSDprices have attempted to bounce back from the lows of $6,350 levels to the recent highs of $6,502.6 levels, a sharp shooting star has occurred yesterday at $6,363.80 levels to signal bearish sentiment...

Digital Currency Revolution

FxWirePro: BTC/USD extends consolidation below 6500, further bullishness only on decisive break above

Aug 23, 2018 07:16 am UTC| Digital Currency Technicals

(Refer BTC/USD chart on Trading View) BTC/USD failed to hold its strength above 6500 levels and closed in the red at 6355 levels on Wednesday. The pair is currently trading at 6424 levels at the time of writing...

Blockchain Revolution Series

Digital Currency Revolution

Bank of Thailand taps R3’s Corda DLT platform for wholesale central bank digital currency

Aug 23, 2018 06:40 am UTC| Digital Currency Fintech

The Bank of Thailand (BOT) has announced that it is developing a wholesale central bank digital currency (wholesale CBDC) using R3s Corda platform. The central bank has officially unveiled Project Inthanon aimed at...

Blockchain Revolution Series

National Research Council of Canada launches Ethereum blockchain explorer

Aug 23, 2018 05:41 am UTC| Digital Currency

The National Research Council of Canada (NRC) has officially announced the launch of a new blockchain explorer. The Ethereum-based blockchain explorer has been developed by Bitaccess using the Catena Blockchain Suite,...

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Economy

U.S. Inflation Cools in January as Gas Prices Fall, Core CPI Signals Sticky Price Pressures

U.S. consumer prices rose less than expected in January, offering modest relief to households as gasoline and rental costs eased. However, persistent increases in service-related expenses suggest the Federal Reserve may...

U.S. Stocks End Mixed as January CPI Cools, Treasury Yields Slide

U.S. stocks closed mixed on Friday after a volatile trading session, as investors reacted to softer-than-expected January CPI data and falling Treasury yields. The SP 500 finished flat at 6,835.08, while the Dow Jones...

Asian Currencies Slip as Dollar Stabilizes Ahead of U.S. CPI Data

Asian currencies edged lower on Friday as the U.S. dollar steadied, with traders closely monitoring upcoming U.S. consumer price index (CPI) data for signals on the Federal Reserves interest rate outlook. Despite the daily...

Oil Prices Steady but Head for Weekly Loss as Supply Glut Concerns Weigh

Oil prices were mostly steady during Asian trading on Friday, yet both benchmark crude contracts remained on track for weekly losses after a sharp selloff in the previous session. Brent crude futures for April delivery...

Fed Governor Stephen Miran Warns Tight Monetary Policy Threatens U.S. Economic Growth

Federal Reserve Governor Stephen Miran cautioned that the central banks current monetary policy stance could pose a significant risk to U.S. economic growth. Speaking at a Dallas Fed event on Thursday, Miran argued that...

Politics

Anduril Eyes $60 Billion Valuation in New Funding Round to Expand Defense Manufacturing and Autonomous Fighter Jet Development

U.S. defense technology firm Anduril Industries is reportedly in discussions to raise billions of dollars in fresh funding at a valuation of at least $60 billion, according to a recent report by The Information citing...

Trump Maritime Action Plan Targets U.S. Shipbuilding Revival and Port Fee Funding

The Trump administration has unveiled a sweeping Maritime Action Plan aimed at rebuilding U.S. shipbuilding and strengthening the nations broader maritime industry. The more than 30-page strategy outlines a long-term...

Peru Congress Schedules Debate on Motion to Remove President Jose Jeri Amid Scandal

Perus Congress has scheduled a key debate for Tuesday on a motion to remove President Jose Jeri, intensifying political uncertainty in the country. Congressional leader Fernando Rospigliosi announced the decision on social...

Starmer Calls for Stronger European Defence Cooperation to Reinforce NATO and Reduce U.S. Reliance

British Prime Minister Keir Starmer is set to call for closer European defence cooperation to reduce NATOs reliance on the United States, emphasizing greater integration across Europes defence industry. Speaking at the...

U.S.-Iran and Russia-Ukraine Talks Set for High-Stakes Geneva Meeting

Two critical rounds of diplomatic negotiations focusing on Iran and the Russia-Ukraine war are scheduled to take place in Geneva on Tuesday, according to a source familiar with the matter. The high-level meetings signal...

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

Grok AI Market Share Surges as xAI Faces Scrutiny Over Image Generation Controversy

Elon Musks AI chatbot Grok is rapidly gaining traction in the U.S., even as it faces mounting global criticism over the generation of non-consensual and sexualized AI images. According to data from app intelligence firm...

Lockheed Martin Secures $101M in U.S. Defense Contracts for AEGIS, F-35, and Missile Systems

Lockheed Martin has been awarded three U.S. Department of Defense contracts worth approximately $101 million, reinforcing its role as a leading defense contractor in advanced military systems, fighter jet support, and...

GE Aerospace Expands Singapore Engine Repair Hub with Automation and AI to Tackle Aviation Bottlenecks

GE Aerospace is accelerating automation and AI-driven innovation at its Singapore engine repair hub as global airlines grapple with maintenance delays, parts shortages, and extended turnaround times. At the center of this...

U.S. Commerce Department Reaches $252 Million Settlement With Applied Materials Over China Exports

The U.S. Department of Commerce has announced a $252 million settlement with Applied Materials, resolving allegations that the semiconductor equipment maker illegally exported U.S. chip manufacturing technology to China....

Russia Moves to Fully Block WhatsApp as Kremlin Pushes State-Backed MAX App

Russia has reportedly attempted to fully block WhatsApp, the popular messaging service owned by Meta Platforms, as part of its broader efforts to tighten control over the countrys digital space. According to a company...