Over one billion people worldwide don’t have any form of identification, making it difficult to access many of the social institutions the developed world takes for granted. A UN organization, the World Food Program (WFP), is testing whether blockchain, the technology that powers bitcoin and ethereum, could solve this ID problem. WFP launched a project […]
Read moreCurrency, United States Finance
A nuclear deal with the Saudis is a good thing, says former GOP leader Eric Cantor
Former House majority leader Eric Cantor is among a growing number of Washington insiders encouraging the U.S.’s involvement in a nuclear energy program for Saudi Arabia. Asked by CNBC’s Hadley Gamble on Sunday if it was the right move for the Donald Trump administration to support the Islamic kingdom’s nuclear energy pursuits, Cantor replied, “I […]
Read moreTesla board members are facing shareholder scrutiny as the company struggles to contain costs while ramping up production of its Model 3 electric sedans. Last week, a pension fund adviser called the CtW Investment Group sent a letter to Tesla shareholders urging them to vote against the re-election of three of its board members. The […]
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Cryptocurrency conferences are still a massive business, even if bitcoin‘s price has plunged this year. When it kicks off this week, one ticket to CoinDesk’s Consensus three-day conference in New York City can cost roughly $2,000. Well over 4,000 are expected to attend, up from 2,700 attendees last year. So at a minimum, the conference […]
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Top oil CEO warns of a 'very uncertain' environment thanks to Iran sanctions
Italian oil and gas giant ENI may not have any investments in Iran, but its CEO Claudio Descalzi sees disruption ahead for oil markets thanks to the reimposition of U.S. sanctions on OPEC’s third-largest oil producer. “The impact is more for the crude oil price, because Iran now is exporting about 2.6 million barrels (per […]
Read moreInside the Pentagon’s cyberwarfare unit, analysts have been closely monitoring internet traffic out of Iran. Six thousand miles away, Israel’s elite cyber intelligence Unit 8200 has been running war games in anticipation of Iranian strikes on Israeli computer networks. Government and private-sector cybersecurity experts in the United States and Israel worry that President Trump’s decision […]
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