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Blockchain Revolution Series: ‘KBA’, the Indian Institute Joint-Ventures With R3

Aug 28, 2019 10:32 am UTC| Research & Analysis Digital Currency Insights & Views

A government initiative under the Indian Institute of Information Technology and Management, KBA (Kerala Blockchain Academy), has nowpartneredwith R3 which is a New York-based enterprise blockchain firm. R3 chose the...

Stable-Coin Series: Bitfinex Comes-Up With New Stable Coins

Aug 28, 2019 06:50 am UTC| Research & Analysis Digital Currency Insights & Views

Of late, the interests in the trends of tokenization and stable coins are intensified more and more. With that said, the renowned crypto-exchange, Bitfinex, announced that it included support for three new stablecoin...

Cryptocurrency Derivatives Series: CoinFLEX Bags $10mln Funding Amid Mounting Cryptocurrency Derivatives Sentiments

Aug 27, 2019 12:03 pm UTC| Research & Analysis Digital Currency Insights & Views

Of late, Bitcoin derivatives trading has received myriad interests driven by the underlying constructive news following the spike in Bitcoins price. Well, as per the twitter source, Bitcoins new volumepersuaded the...

Digital Currency Revolution Series: Concept of Cryptocurrency Strikes Chord Among Central Bank Community

Aug 27, 2019 11:03 am UTC| Research & Analysis Digital Currency Central Banks Insights & Views

Recently, the Chinese central bank PBoC issued a statement in a response to the US labelling China as currency manipulator. The Chinese central bank defended that the CNY depreciation is largely due to change of market...

Digital Currency Revolution Series: Fragile Altcoins Hamper Prospects of Cryptocurrencies, Bitcoin Lingering at $10k With Safe-Haven Sentiments

Aug 27, 2019 09:12 am UTC| Research & Analysis Digital Currency Insights & Views

During the beginning of this October, there could be huge volatilities among the crypto-avenues as we get to see the race for Bitcoin ETFs reach its end. The U.S. Securities and Exchange Commission (SEC) is scheduled to...

Trend of Tokenization Series: 'Securitize' Gets Green Signal From US SEC

Aug 27, 2019 08:29 am UTC| Research & Analysis Digital Currency Insights & Views

Unlike utility tokens, Security tokens are exclusively segregated as securities. Hence, the crypto firms have to abide by the rules subject to the standard regulationsmandatedby authorities such as the SEC. The US...

'Back yourself' Treasurer Frydenberg tells business. But it's not that simple

Aug 27, 2019 01:37 am UTC| Insights & Views Economy

Treasurer Josh Frydenbergs key message to business in a landmark speech on Monday was back yourself. He said the best way to boost economic growth was to boost productivity, and the best way to do that was for...

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Economy

IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding

The International Monetary Fund (IMF) has announced that it reached a staff-level agreement with Egypt on the fifth and sixth reviews of the countrys Extended Fund Facility (EFF), a key step that could unlock around $2.5...

RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist

The Reserve Bank of Australia (RBA) has revealed that its board members discussed the possibility of raising interest rates in 2026, according to the minutes from the central banks December policy meeting. The discussion...

Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week

U.S. stock markets closed higher on Monday, extending recent gains as investors look to finish the year on a strong note despite thinning trading volumes in a holiday-shortened week. The SP 500 rose 0.5% by the closing...

Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs

Global financial markets started a holiday-shortened week on a positive note, with most major stock indexes posting gains as technology stocks rebounded and investor sentiment improved. Wall Street was supported by...

Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

Politics

Trump Administration Recalls Nearly 30 U.S. Ambassadors in Push for “America First” Agenda

The Trump administration has recalled nearly 30 U.S. ambassadors and senior career diplomats from overseas posts, a move officials say aligns embassies more closely with the presidents America First foreign policy, but...

Australia Moves Toward Tougher Gun Laws After Bondi Shooting

Australias most populous state, New South Wales, is set to introduce significantly tougher gun laws alongside new measures targeting terrorism and public protests, following a deadly mass shooting in Sydneys Bondi area....

Trump Announces Ambitious Plan for New U.S. Navy Super Battleships

U.S. President Donald Trump announced on Monday an ambitious proposal for the United States Navy to begin building a new class of advanced battleships, a move that could significantly reshape the future of American naval...

China’s Nuclear Expansion Raises Arms Control Concerns as Pentagon Report Warns of Growing Military Ambitions

China is rapidly expanding and modernizing its nuclear weapons arsenal, with a draft Pentagon report warning that Beijing may have loaded more than 100 intercontinental ballistic missiles (ICBMs) across three newly...

Kremlin Downplays U.S.-Russia Talks on Ukraine as Ongoing Process

Russia has played down expectations surrounding recent discussions with the United States on the Ukraine conflict, emphasizing that the talks should not be interpreted as a major diplomatic breakthrough. Kremlin spokesman...

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

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

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...