WASHINGTON  – President Donald Trump said he was ready to impose tariffs on all $500 billion of goods the U.S. imports from China, remarks that sent financial markets retreating and threatened to escalate a trade clash with the Asian giant. “We’re down a tremendous amount,” Trump said in an interview about trade imbalances with China […]

India’s Supreme Court has upheld the central bank’s directive of prohibiting banks from offering services to the domestic cryptocurrency sector following a hearing today. On Friday, India’s Supreme Court held its latest hearing of the case against the Reserve Bank of India’s (RBI) circularforbidding all regulated financial institutions, including banks, to provide services to business in […]

Malicious cartels just might be lurking on your blockchain. At least, that’s the latest finding from Cornell University researchers Philip Daian, Tyler Kell, Ian Miers and Ari Juels, who reached the conclusion in a paper published last week on a vote manipulation scheme it termed a dark decentralized autonomous organization, or “dark DAO.” Describing the dark DAO as […]

Russia’s Federal Security Service (FSB) has raided a space research facility after a suspected leak of hypersonic missile secrets to Western spies. The state space agency Roskosmos said its security staff were co-operating with FSB officers on a criminal case. Russia’s Kommersant daily says about 10 staff at a Roskosmos facility called TsNIIMash are under […]

By Millenia Miller The cryptocurrency industry is now having a huge impact on contemporary culture, gaining recognition not only as a part of the financial industry but as a considerable cultural and economic force in its own right. If the latest 40 Under 40 list by Fortune Magazine is anything to go by, a 24-year-old Russian-Canadian programmer from […]

By Laura Desmond Huobi Group has announced the launch of a new platform, Huobi Cloud, that will allow users to build digital asset exchanges on top of Huobi’s existing platform. According to a statement shared with Cointelegraph, more than ten multinational companies have already become partners with Huobi Cloud. The new product is aimed at establishing […]

By Millenia Miller The world’s fourth-largest telecoms provider, Japan’s Nippon Telegraph and Telephone (NTT), has filed a patent for using blockchain tech for contract agreement, according to a U.S. Trademark and Patent Office (USPTO) release on July 19. NTT’s patent application writes that a problem with contracts on blockchain is that each transactions “contains only the electronic signature of the sender” as […]

By Jozef Jones The United States Commodity Futures Trading Commission (CFTC) has issued another warning to consumers, advising them to exercise caution and carry out comprehensive research before investing in any cryptocurrencies, including those advertised as utility coins or consumption coins. The alert, which came in the form of a Customer Advisory warning posted on the CFTC website on […]

By Laura Desmond American investment banking giant JPMorgan Chase is pursuing a patent for a distributed system that uses blockchain technology to issue virtual depository receipts that sound suspiciously like initial coin offering (ICO) tokens. JPMorgan Wants to Host IPOs on a Blockchain The patent application, filed by JPMorgan in January and published by the U.S. […]

We are all in the midst of a new geological age, experts say. This age, dubbed the Meghalayan, began 4,250 years ago when what was probably a planetwide drought struck Earth, according to the International Union of Geological Sciences (IUGS). The Meghalayan is just one of three newly named ages, the IUGS said in an […]