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Blockchain Revolution Series

Former senior counsel at SEC and BigLaw attorneys enforce Ketsal Consulting to direct Blockchain space from confusion to compliance

Jul 17, 2018 09:32 am UTC| Fintech Insights & Views Technology Commentary

The SECs regulation facilitates capital formation, which assists entrepreneurs launch businesses and companies prosperity. The Securities and Exchange Commission (SEC) cites that all Initial Coin Offerings (ICOs) should be...

Blockchain Revolution Series

Hong Kong Monetary Authority to go live with blockchain-based trade finance platform in August

Jul 16, 2018 09:47 am UTC| Digital Currency Fintech

The Hong Kong Monetary Authority (HKMA) is set to launch a blockchain-based trade finance platform next month, The Financial Times reported. The platform has been designed by OneConnect, Ping An Groups financial...

Digital Currency Revolution

Financial Stability Board publishes framework to monitor crypto-assets

Jul 16, 2018 09:10 am UTC| Digital Currency Fintech

The Financial Stability Board (FSB), an international body monitoring the global financial system, has published a framework to monitor the implications of crypto-assets on financial stability. The FSB has published...

Digital Currency Revolution

BTC/USD Price Band Between $5,500 - $6,000 and Reminiscences of Bitcoin Boom-Cycle

Jul 16, 2018 06:16 am UTC| Research & Analysis Fintech Technicals Insights & Views

The month of June has been pathetic for crypto-universe when Coinrail, the South Korean based digital exchange platform, reported a hacking news, as a result, the price of Bitcoin (BTCUSD) plunged by more than 17.8% (as...

Blockchain Revolution Series

Banco Santander sets up new team to explore blockchain use in securities transactions

Jul 16, 2018 04:59 am UTC| Digital Currency Fintech

Spanish banking giant Banco Santander last week announced its plans to leverage blockchain and other cutting-edge technologies within its capital markets business to transform how securities are issued, traded and...

Digital Currency Revolution

Denial of access to traditional banking gateways potentially anticompetitive to cryptocurrency market: EU Parliament report

Jul 13, 2018 10:46 am UTC| Digital Currency Fintech

A recent report prepared for the European Parliament has identified digital currencies as one of the key areas representing the evolution of fintech services. The report, Competition issues in the Area of Financial...

Blockchain Revolution Series

A number of blockchain applications under review at BoT: Governor Santiprabhob

Jul 13, 2018 05:03 am UTC| Digital Currency Fintech

The Bank of Thailand is currently reviewing blockchain applications for cross-border payments, supply chain financing, and document authentication, Governor Dr. Veerathai Santiprabhob said recently. Speaking at the...

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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...