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Digital Currency Revolution

Central bank-issued digital currencies may stifle innovation over long run, says Federal Reserve Governor

Mar 06, 2017 06:39 am UTC| Digital Currency

Central bank-issued digital currencies (CBDCs) could stifle innovation, in the long run, Federal Reserve board Governor Jerome H. Powell said last week. Speaking at Blockchain: The Future of Finance and Capital...

Blockchain Revolution Series

IBM, Maersk partner to use blockchain for cross-border supply chain

Mar 06, 2017 05:37 am UTC| Digital Currency

Tech giant IBM has announced collaboration with global leader in transport and logistics Maersk Group, in a move to utilize the blockchain technology to manage transactions among network of shippers, freight forwarders,...

Digital Currency Revolution

Digital asset exchange Bitfinex adds support for Dash

Mar 06, 2017 05:13 am UTC| Digital Currency

Dash, the third most valuable cryptocurrency by market cap, has been added to the leading digital asset exchange, Bitfinex. The platform addition came into effect at1pm ESTon 03 March 2017, allowing traders to make...

Blockchain Revolution Series

Standards Australia rolls out blockchain standardization roadmap

Mar 06, 2017 04:28 am UTC| Digital Currency Fintech

Standards Australia, the countrys non-government, not-for-profit organisation, on 02 March 2017 released its Roadmap for Blockchain Standards Report, outlining how the organisation will work to deliver measures to support...

Digital Currency Revolution

FxWirePro: BTC/CNY trades well above 8000, a jump till all time high likely

Mar 03, 2017 11:54 am UTC| Digital Currency

BTC/CNY is seen trading high above on Friday. The pair has broken major psychological resistance at 8000 and jumped till 8350 levels (BTCCHINA). It is currently trading around 8345 at the time of writing. Ichimoku...

Digital Currency Revolution

FxWirePro: ETH/EUR hits fresh all-time high, good to buy on dips

Mar 03, 2017 11:19 am UTC| Digital Currency

ETH/EUR is seen soaring high continually and is seen hitting a fresh all-time high on Friday. The pair has broken the high at 19.08 and hits fresh all-time high at the time of writing. Short term trend is extremely bullish...

Digital Currency Revolution

FxWirePro: ETH/USD hovers around fresh 8-month high at 20.44, bias higher, stay long

Mar 03, 2017 10:19 am UTC| Digital Currency

ETH/USD continued its uptrend on Friday, hitting a fresh 8-month high of 20.44 and is currently hovering around this level (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 15.89 Kijun-Sen: 14.85 Momentum...

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Economy

Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts

U.S. President Donald Trump traveled to the battleground state of North Carolina on Friday to defend his economic policies and reassure voters that the U.S. economy remains on solid footing, as concerns grow ahead of a...

EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls

Ukraine welcomed a major European Union decision on Friday to provide 90 billion in financial support over the next two years, a move Kyiv says will significantly strengthen its economic resilience amid the ongoing war...

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Politics

U.S. Launches Large-Scale Airstrikes on ISIS Targets in Syria After Deadly Attack

The United States military carried out extensive airstrikes against Islamic State (ISIS) targets across Syria on Friday, escalating its response after a deadly attack on American personnel, according to U.S. officials. The...

Putin Envoy Heads to Miami for High-Stakes Talks as U.S. Pushes Ukraine Peace Deal

Russian President Vladimir Putins special envoy Kirill Dmitriev is traveling to Miami for talks with U.S. President Donald Trumps envoy Steve Witkoff and Trumps son-in-law Jared Kushner, according to a Russian source cited...

Russian Missile Strike on Odesa Port Kills Seven, Disrupts Key Trade Routes

A Russian missile attack late on Friday struck critical port infrastructure near Ukraines Black Sea port city of Odesa, killing at least seven people and injuring 15 others, according to Ukrainian officials. The attack...

Trump Nominates Lt. Gen. Frank Donovan to Lead U.S. Southern Command Amid Rising Tensions in Latin America

U.S. President Donald Trump has nominated Lieutenant General Frank Donovan, the vice commander of U.S. Special Operations Command, to become the next head of U.S. Southern Command (SOUTHCOM), the military body responsible...

Brazil Court Allows Bolsonaro Hospital Trip Amid Prison Sentence

Brazils Supreme Court Justice Alexandre de Moraes has authorized former President Jair Bolsonaro to temporarily leave the Federal Police Superintendency in Brasília, where he is currently serving a 27-year prison...

Science

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...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...