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Blockchain Revolution Series

Lisk development roadmap unveiled, details upcoming funding vehicle for new blockchain applications

Aug 22, 2016 09:57 am UTC| Digital Currency Fintech

Lisk, a decentralized blockchain application development platform,has revealed its development roadmap explaining the different phases that the platform will go through over the next few years. Max Kordek and Oliver...

Eight fintech companies begin FinTech Innovation Lab mentorship program

Aug 22, 2016 07:58 am UTC| Fintech

Eight leading fintech companies have entered the third annual Accentures FinTech Innovation Lab Asia-Pacific to begin a 12-week mentorship program comprising of series of workshops at Cyberport, panel discussions and...

Blockchain Revolution Series

UK-based blockchain companies to get FCA approval soon

Aug 22, 2016 07:20 am UTC| Digital Currency Fintech

The Financial Conduct Authority (FCA), a financial regulatory body in the UK, is considering approving firms using bitcoins underlying blockchain technology. Speaking with Financial Times, the financial watchdog said...

Blockchain Revolution Series

Hitachi and BTMU begin PoC testing using blockchain to digitize checks in Singapore

Aug 22, 2016 06:45 am UTC| Digital Currency Fintech

Japan-based electronics company Hitachi Ltd. and the Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) announced today that they have partnered and started Proof of Concept (PoC) testing for using blockchain technology for check...

Singapore to streamline electronic payment regulations to become fintech-focused

Aug 19, 2016 05:36 am UTC| Fintech

The central bank of Singapore announced today that it will make regulatory changes in order to facilitate the use of electronic payments in a move to make Singapore, a major centre for fintech. According to Reuters,...

Investments into VC-backed fintech companies to exceed 2015 levels: KPMG-CB Insights report

Aug 18, 2016 06:15 am UTC| Fintech

According to the latest edition of The Pulse of Fintech Report a collaboration between KPMG International and CB Insights there was a decline in global funding to VC-backed companies, however the overall fintech future...

Irish fintech firm announces €1.2M in funding and releases app for worldwide customers

Aug 17, 2016 13:12 pm UTC| Fintech

Rubicoin, an Irish fintech startup that has developed a number of apps designed to transform anyone into a well-informed investor, has announced that it has raised 1.2 million in funding. According to businessworld.ie ,...

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Economy

European Stocks Slip as Iran Tensions Offset Strong Eurozone Data

European stocks reversed early gains on Wednesday as renewed tensions involving Iran weighed on investor sentiment, overshadowing stronger-than-expected Eurozone economic data and temporary relief in crude oil prices. The...

Dollar Hits Two-Month High as Fed Rate Hike Bets Rise

The U.S. dollar climbed to a two-month high on Wednesday as traders increased bets that the Federal Reserve will continue raising interest rates to curb persistent inflation. The Dollar Spot Index gained 0.2%, extending...

US Stock Futures Rise as Meta Muse Fuels AI Rally

U.S. stock futures edged higher Wednesday as investors focused on renewed artificial intelligence enthusiasm, upcoming U.S. economic data and a key meeting between U.S. and Chinese leaders. Dow Jones futures rose 41...

Diesel Dilemma: U.S. Considers Export Ban Amidst Record Prices

Rising domestic costs to unprecedented levels, President Trump has said support for a short ban on U.S. diesel exportsa complicated issue for the administration. Driven by the Middle East war, supply interruptions, and...

Asian Stocks Mixed Ahead of Trump-Xi Meeting

Asian stock markets traded mixed on Wednesday as investors remained cautious ahead of a closely watched meeting between U.S. President Donald Trump and Chinese President Xi Jinping. U.S. stock futures were also largely...

Politics

Trump Board of Peace Unveils $2.45 Billion Gaza Recovery Plan

U.S. President Donald Trumps Board of Peace is set to unveil a six-month, $2.45 billion Gaza recovery plan on Wednesday, outlining dozens of projects aimed at rebuilding critical infrastructure and restoring basic services...

Kremlin Says No Grounds Yet for Ukraine Peace Talks

The Kremlin said Wednesday that conditions are not yet in place to restart Ukraine peace talks, even as Russia remains open to negotiations ahead of a planned meeting between Russian Foreign Minister Sergey Lavrov and U.S....

Lula and Flavio Bolsonaro Tied in Brazil Runoff Poll

Brazilian President Luiz Inacio Lula da Silva and Senator Flavio Bolsonaro remain locked in a statistical tie in a potential presidential runoff, according to an AtlasIntel/Bloomberg poll released Wednesday, highlighting...

Iran Vows ‘Crushing’ Response as US Talks Continue

Irans military has warned it is prepared to launch crushing retaliatory attacks if the United States or Israel carries out further strikes, responding to President Donald Trumps threat to annihilate the Islamic Republic....

China Tightens Fentanyl Rules Ahead of Trump-Xi Summit

China has introduced new guidelines for handling criminal cases involving fentanyl-related substances, strengthening its legal framework for combating synthetic opioid crimes ahead of a high-profile meeting between Chinese...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

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...

Technology

Microsoft Stock Upgraded as Stifel Sees Stronger Azure Growth

Stifel upgraded Microsoft (NASDAQ: MSFT) to Buy from Hold and lifted its price target to $575 from $530, citing stronger confidence in the technology giants ability to maintain mid-to-upper-teens revenue growth. Analysts...

Scott Bessent Eyed as Trump’s New AI Czar

U.S. Treasury Secretary Scott Bessent is under consideration to become President Donald Trumps new artificial intelligence czar as Washington intensifies its focus on AI development, safety and national security. A source...

China Reviews Broadcom Switch Use in State Data Centres

China is reviewing the use of Broadcom switches in state-backed data centres as Beijing intensifies efforts to reduce dependence on foreign technology and promote domestic semiconductor and networking equipment suppliers,...

US Northeast Airports Resume Operations After Telecom Outage Disrupts Thousands of Flights

US airport operations across the Northeast began returning to normal on Monday after crews repaired telecommunications problems that had disrupted air traffic and contributed to thousands of flight delays and cancellations...

Burnham Eyes UK Leadership Role in AI Ahead of Trump Meeting

British Prime Minister Andy Burnham will push for the UK to take a global leadership role in artificial intelligence on Tuesday as he makes his first major appearance on the international diplomatic stage at the United...