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Blockchain Revolution Series

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up – April 13th, 2018

Apr 13, 2018 11:49 am UTC| Digital Currency

BoE explores privacy in DLT with regulatory oversight The Bank of England (BoE) has revealed the details of a proof-of-concept (PoC) which explores how distributed ledgers could be configured to ensure privacy while...

Digital Currency Revolution

FxWirePro: ETH/USD trades higher, break above 23.6% fib targets 600

Apr 13, 2018 10:52 am UTC| Digital Currency

ETH/USD is trading higher and has broken above 500 levels. It is currently trading at 508 levels at the time of writing (Coinbase). On the upside, a decisive break above 515 (Upper Bolinger) would target 563 (23.6%...

Digital Currency Revolution

FxWirePro: BTC/USD reclaims 8000 handle, jump to 8500 likely

Apr 13, 2018 10:06 am UTC| Digital Currency

BTC/USD is trading higher on Friday as it broke above 20-DMA. It is holding above 8000 levels at 8131 levels at the time of writing (Bitstamp). On the topside, the pair is now targeting 8372 and further strength would...

Digital Currency Revolution

Australian Taxation Office launches community consultation on cryptocurrencies

Apr 13, 2018 07:35 am UTC| Digital Currency

The Australian Taxation Office (ATO) has launched a community consultation in order to better understand practical issues faces while ensuring compliance with cryptocurrency tax obligations. The ATO last month published...

Blockchain Revolution Series

Banco Santander rolls out blockchain-based international payments service

Apr 13, 2018 06:40 am UTC| Digital Currency

Spanish banking giant Banco Santander has launched a new blockchain-based international payments service, Santander One Pay FX. The bank had previously announced its plans to debut distributed ledger technology (DLT)...

Digital Currency Revolution

An inside job? Indian bitcoin exchange Coinsecure announces $3.3M theft

Apr 13, 2018 05:50 am UTC| Digital Currency

Indian bitcoin exchange startup Coinsecure has announced that 438.318 bitcoins (approximately $3.3 million) have been stolen from its bitcoin wallet. The company said that the said funds have been siphoned off to an...

Digital Currency Revolution

Cloud mining contract falls within purview of ‘securities’: Philippines SEC

Apr 13, 2018 05:06 am UTC| Digital Currency

Philippines Securities and Exchange Commission (SEC) has announced that cloud mining contracts fall under the definition of securities. In its investigations, the SEC found that certain entities are luring the public to...

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Economy

US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns

The United States has initiated a new trade investigation into Vietnams handling of intellectual property (IP) rights, a move that could eventually lead to additional tariffs on Vietnamese imports. The investigation,...

US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook

The U.S. dollar weakened slightly on Friday as investor confidence improved following comments from President Donald Trump regarding a possible peace agreement between the United States and Iran. The prospect of easing...

Asian Currencies Steady as U.S.-Iran Ceasefire Extension Hopes Weigh on Dollar

Asian currencies traded in a narrow range on Friday while the U.S. dollar remained largely unchanged, as investors assessed reports suggesting the United States and Iran are close to extending their ceasefire agreement....

Asian Stocks Rally as AI Boom and Iran Ceasefire Progress Lift Market Sentiment

Asian stock markets posted strong gains on Friday, supported by a global technology rally and growing optimism surrounding a potential extension of the ceasefire between the United States and Iran. Investor confidence...

Tokyo Inflation Cools in May, Supporting BOJ’s Cautious Rate Hike Path

Tokyo consumer inflation slowed in May, reinforcing expectations that the Bank of Japan (BOJ) will continue taking a measured approach to monetary policy tightening as inflationary pressures remain moderate. According to...

Politics

US Southern Command Chief Holds Rare Military Meeting With Cuban Officials at Guantanamo Bay

A rare high-level military meeting between the United States and Cuba took place at the perimeter of the U.S. Naval Station at Guantanamo Bay, marking a significant development in U.S.-Cuba relations amid growing...

Trump Nears Decision on Iran Ceasefire Extension as Key Disputes Remain

U.S. President Donald Trump said Friday that he is close to making a final decision on a proposed agreement to extend the current ceasefire with Iran, although major disagreements between Washington and Tehran continue to...

Trump Signs Executive Order to Expand Access to Federal Lands in the U.S.

U.S. President Donald Trump signed an executive order on Friday aimed at removing restrictions that limit access to federal lands across the United States, according to a statement from the White House. The move is part of...

Netanyahu Gaza Expansion Plan Sparks Hamas Condemnation and International Concern

Israeli Prime Minister Benjamin Netanyahus announcement that Israel plans to expand its area of control in Gaza has drawn strong criticism from Hamas, European governments, and residents of the Palestinian territory. The...

Russia Prepares New Large-Scale Attack on Ukraine, Zelenskiy Warns

Ukrainian President Volodymyr Zelenskiy has warned that Russia is preparing a major new attack on Ukraine, citing intelligence reports that indicate plans for a large-scale military strike. The announcement comes as...

Science

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

Technology

Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements

A Kentucky school district has secured nearly $27 million in settlements from major social media companies over allegations that their platforms contributed to a growing student mental health crisis. The financial details,...

MongoDB Q1 FY2027 Earnings Beat Expectations, Raises Full-Year Outlook

MongoDB (NASDAQ: MDB) delivered stronger-than-expected first-quarter fiscal 2027 results, fueled by growing demand for its database platform among enterprises and organizations developing artificial intelligence...

SpaceX IPO Could Become Largest in History with $1.8 Trillion Valuation Target

Elon Musks SpaceX is reportedly moving forward with plans for a historic initial public offering (IPO), targeting a valuation of at least $1.8 trillion. According to a Bloomberg News report citing sources familiar with the...

Autodesk Beats Q1 Estimates, Acquires MaintainX for $3.6 Billion

Autodesk (NASDAQ: ADSK) reported stronger-than-expected financial results for its fiscal first quarter and announced a major $3.6 billion acquisition of MaintainX, a move that strengthens its position in AI-powered...

US Quantum Stocks Surge After $2 Billion Government Investment

The U.S. Department of Commerce has sparked major excitement across the technology and financial sectors after announcing plans to invest $2 billion into quantum computing and advanced hardware companies through the CHIPS...