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mas-warn-052518.jpg The Monetary Authority of Singapore (MAS) has warned eight cryptocurrency exchanges in Singapore to obtain it's authorization before allowing trading in digital tokens that are securities or futures. The exchanges have been urged to immediately cease the trading of such digital tokens until they have been authorized as an approved exchange or recognized market operator by MAS.

consumer-052518.jpg Consumer sentiment in the U.S. unexpectedly saw a modest deterioration in the month of May, according to revised data released by the University of Michigan on Friday. The report said the consumer sentiment index for May was downwardly revised to 98.0 from the preliminary reading of 98.8.

cryptocurrency-daily-roundup-052518.jpg Major cryptocurrencies were modestly higher Friday morning after four days of weakness. The Bitcoin price dropped below $7,300 Thursday, but has since attempted a comeback. Here is a wrap of the main news from the cryptocurrency and blockchain world over the past 24 hours.

zimbave-ban-lifted-052518.jpg The High Court of Zimbabwe has reversed and set aside the ban enforced by the Reserve Bank of Zimbabwe (RBZ) on all banks and financial institutions in the African nation from transacting in Bitcoin and other virtual currencies.The ban, issued by RBZ through a circular dated May 15, was reportedly reversed after representatives from the RBZ failed to show up at the trial on a case filed by Golix.

durable-goods-orders-052518.jpg With orders for transportation equipment pulling back sharply, the Commerce Department released a report on Friday showing a bigger than expected decrease in new orders for U.S. manufactured durable goods in the month of April. The Commerce Department said durable goods orders slumped by 1.7 percent.

bitcoin-faucet-052518.jpg BITCOIN FAUCET is a means to dispense bitcoins as a reward. These are often websites or mobile apps that dispense bitcoins in its small units or satoshis as rewards for visiting them or for performing some small task such as captcha completion.

commerzbank-blockchain-052518.jpg Germany's Commerzbank and steel giant thyssenkrupp have completed a pilot forex forward transaction of 500 thousand euros through blockchain.

wallstreet2-121214_25may18.jpg Stocks may move to the downside in early trading on Friday, adding to the modest losses posted in the previous session. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 53 points.

uk-gdp-52518.jpg The UK economy expanded at the weakest pace in five years in the first quarter, on weak consumer spending and business investment, the second estimate from the Office for National Statistics showed Friday. Gross domestic product grew 0.1 percent sequentially in the first quarter, slower than the 0.4 percent expansion registered in the fourth quarter. The rate came in line with the estimate.

wallst-051818.jpg The markets might continue to react to the cancellation of Trump-Kim summit. The investors are keenly watching the geopolitical developments and the changes in oil prices.

germany-business-confidence-052518.jpg Germany's business confidence remained stable in May after falling for five straight months, survey data from the Munich-based Ifo Institute showed Friday. The business climate index came in at 102.2 in May, unchanged from April. This was the lowest reading since last May. The score was forecast to drop to 102 from April's originally estimated reading of 102.1.

norfolksouthern-may25.jpg U.S. railway network Norfolk Southern has joined the Blockchain in Transport Alliance (BiTA). Founded in August 2017, BiTA is the transportation and logistics industry's leading trade association for developing standards and education in blockchain technologies, a field focused on the peer-to-peer recording of transactions through use of cryptography and distributed ledgers. BiTA is a consortium

reata-may25.jpg Reata Pharmaceuticals Inc. (RETA) has reported positive interim data from its phase II study, dubbed PHOENIX.

stockmarket-up-052418.jpg European stocks rebounded from losses in the previous session on Friday as investors took trade concerns and higher Italian bond yields in their stride. North Korea said it is open to talks with the U.S. despite Trump's cancellation of the summit, helping support underlying sentiment. The pan-European...

bitcoin-price-manipulation-052518.jpg The U.S. Department of Justice has opened a criminal investigation into whether traders are manipulating the price of bitcoin and other digital currencies, Bloomberg reported, citing people familiar with the matter. The agency is said to be working with Commodity Futures Trading Commission or CFTC, a financial regulator that oversees crypto futures.

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