LSE Interested in Blockchain and Distributed Ledgers? CEO Hints Yes


On May 2, CNBC published an interview with Nikhil Rathi, the CEO of the London Stock Exchange, a 300-year old trading venue. In the interview, Rathi gave hints that the LSE is looking at blockchain technology.

Here’s what we know.

LSE Interested in Blockchain

According to CNBC, Nikhil Rathi, who has been the CEO of the LSE since 2015, said the exchange is keeping an eye on blockchain. He also said the LSE has noticed an “interesting array of different ideas,” from competing exchanges. Before the exchange, which is one of the oldest in …

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TSLA – Elon Musk Says Starlink FCC Application For Connecting 'Moving Vehicles' To Its Network Not Related To Tesla

SpaceX, the space company of Tesla Inc. (Nasdaq: TSLA) CEO Elon Musk, plans to connect large vehicles ranging from semi-trucks to aircraft to its Starlink satellite network service. Musk clarified that the company is not connecting Tesla cars to Starlink.
What Happened: “Not connecting Tesla cars to Starlink, as our terminal is much too big. This is for aircraft, ships, large trucks & RVs,” Musk said in a tweet on Monday.
Musk’s tweet was in response to a report by CNBC that SpaceX has filed a request with the U.S. Federal Communications Commission to begin connecting the Starlink network to moving vehicles.
Starlink aims to provide high-speed internet to populations with little or no connectivity anywhere in the world through a constellation of tens of thousands of satellites in low Earth orbit.

Why It Matters: SpaceX noted in its application to the FCC that the grant of the application would serve the public interest as it will expand the range of broadband capabilities available to moving vehicles throughout the U.S. as well as to moving vessels and aircraft worldwide.
See Also: Elon Musk’s SpaceX Building Starlink Factory in Texas
In February, Starlink expanded the beta testing of the Starlink satellite network and began accepting pre-orders for the service both in the U.S. and internationally. Starlink plans to continue its expansion to near-global coverage of the populated world in 2021.
To date, Starlink has launched over 1,000 satellites and hopes to have 4,425 in orbit by 2024. The FCC has approved 11,943 satellites to be launched by Starlink.
Price Movement: Tesla shares closed 5.8% lower on Monday at $563.00, but added 0.7% in the after-hours session.
Read Next: Starlink Begins Taking Preorders, Musk Eyes IPO When Cash Flow Predictable

© 2021 Benzinga does not provide investment advice. All rights reserved.

EYES – Why Second Sight Medical Products Has Skyrocketed 723% In 2 Trading Sessions

Second Sight Medical Products Inc (NASDAQ: EYES) shares have soared above 723% over the previous two trading sessions with the stock touching an intraday high of $14.83 on Monday. The shares registered a spike of nearly 103% as of Monday’s closing.
What Happened: The California-based developer and marketer of implantable visual prosthetics said on Friday that the United States Food and Drug Administration had approved its Argus 2s Retinal Prosthesis System.
The Argus 2s is used for the treatment of retinitis pigmentosa and is made up of glasses and a video processing unit to be used in combination with the company’s previously implanted Argus II system.
“We are very pleased to have received this approval, as it presents an opportunity to offer external hardware that we believe enhance comfort and aesthetics compared with the legacy Argus II system,” said Matthew Pfeffer, acting CEO of Second Sight.
Why It Matters: Second Sight’s prosthetics are aimed at creating an artificial form of useful vision for blind individuals, as per the company.

The decision on when or if to begin production of the newly approved hardware is pending completion of Second Sight’s planned business combination with Pixium Vision, which is currently underway, the company said in a statement.
The new management will take a call on how to proceed with the Argus 2s system.
Price Action: Second Sight shares closed 103.28% at $11.77 on Monday and fell 1.02% in after-hours trading.
For news coverage in Italian or Spanish, check out Benzinga Italia and Benzinga España.

© 2021 Benzinga does not provide investment advice. All rights reserved.

MSFT – What to expect from Microsoft's blockbuster Bethesda acquisition as deal gets EU approval

Bethesda’s Ghostwire: Tokyo will remain a timed console exclusive for the PlayStation 5, despite Microsoft’s acquisition of Bethesda being cleared to go forward. (Bethesda Image)
The European Commission has approved Microsoft’s $7.5 billion acquisition of ZeniMax Media, the Maryland-based holding company for the video game publisher Bethesda Softworks.In conjunction with last week’s Note of Effectiveness from the SEC, the deal — one of Microsoft’s largest acquisitions ever — now has a clear legislative runway. It’s expected to take full effect later this year.
With ZeniMax and its studios added to its current lineup, Microsoft now has a total of 23 first-party Xbox developers, as well as the licensing rights for a bevy of landmark video game franchises. Through Bethesda, ZeniMax currently publishes and develops games in the Doom, Fallout, Elder Scrolls, and Wolfenstein series, as well as a number of well-liked original titles like Dishonored and The Evil Within, all of which are now Microsoft’s property.

While Microsoft has yet to offer any further public comment on details of the acquisition, it quietly created a new subsidiary in February called Vault, which will be merged with and into ZeniMax. The name is likely a nod to the numbered survival bunkers found throughout the Fallout series, which is suggestive regarding what Microsoft would like to do next.
Microsoft initially announced the ZeniMax acquisition back in September, and confirmed shortly afterward that it would continue to honor platform-exclusive deals that had been worked out before the acquisition. The Bethesda-published games Deathloop and Ghostwire: Tokyo are still planned as timed console exclusives for the PlayStation 5 when they launch later this year.
The studio director for ZeniMax’s popular MMORPG, The Elder Scrolls Online, also confirmed back in September that it would continue to be supported on all its current platforms, which include the PS4 and Google Stadia.
The $7.5 billion price tag for Bethesda makes it one of Microsoft’s largest acquisitions yet. (GeekWire Chart)
Future Bethesda/ZeniMax games, according to Xbox’s Phil Spencer, are planned to come out for the PC and Xbox, with other console ports coming on a “case by case basis.”

That’s the first big takeaway from the deal for game enthusiasts: none of Bethesda’s games going forward will necessarily be Xbox exclusives. For PC players, it’s business as usual, right down to many first-party Microsoft games, including Halo Infinite, eventually becoming available on Steam. The only potential loser here is Sony. Even then, it’s not that weird when Microsoft’s current franchises, such as Minecraft, show up on the PlayStation.
“The excitement for gaming is bigger than the excitement for exclusive games,” Spencer said to Game Reactor to October. “…Our high-level goal inside of our team… is how many people are playing on Xbox, and when we say ‘playing on Xbox’ it doesn’t mean an Xbox console. It could be on an Android phone. It could be on a Switch.”
Xbox Series X/S launch and Game Pass push Microsoft’s quarterly gaming revenue past $5 billion
Bethesda’s games all also tend to be cultural events, when they do show up. Titles like the Fallout series and Skyrim become touchstones in the games industry almost immediately, due to a combination of widespread appeal, open-ended gameplay, meme value (the “arrow to the knee” gag in Skyrim will outlive us all), and their tendency to glitch out in hilarious ways. Skyrim in particular had sold over 30 million copies by 2016.
As such, the real value for Bethesda’s lineup for Microsoft, based on what the company has said, is in putting them all on the Xbox Game Pass.

The Game Pass, which reached 15 million subscribers in September, is a major driver of Microsoft’s gaming business. The Netflix-style subscription plan lets players download and play the basic retail versions of a rotating assortment of video games, with most of Microsoft’s first-party titles appearing on Game Pass on launch day.
The Game Pass is already a solid per-hour deal for your entertainment dollar, but the presence of a new Fallout or Elder Scrolls game adds a lot of value to that. It also dramatically cuts the price of a new game, as an interested buyer could theoretically pick up a new Fallout or Elder Scrolls game for a $10/month subscription, then play it on an Android phone or an Xbox on an All Access plan.
This ordinarily wouldn’t be that big of a deal, but the Bethesda deal is moving forward at a point when studios like Take-Two are putting up trial balloons for increasing the base MSRP for a brand-new video game to $70. Microsoft was already making a lot of interesting moves regarding lowering video games’ basic cost of entry, but now it’s actively moving against the tide.
The overall gamble seems to be that if it’s cheaper and easier to play a game on Xbox — via a phone app, web browser, or an inexpensive subscription — then it doesn’t matter if that game is an Xbox exclusive. It’s an unconventional strategy, and must-have games like Bethesda brings to the table could be what pushes it to the next level.

VLDR – VLDR ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of May 3, 2021 in the Class Action Filed on Behalf of Velodyne Lidar, Inc. Limited Shareholders

New York, New York–(Newsfile Corp. – March 8, 2021) – The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Velodyne Lidar, Inc. (NASDAQ: VLDR) alleging that the Company violated federal securities laws.

Class Period: November 9, 2020 and February 19, 2021Lead Plaintiff Deadline: May 3, 2021
Learn more about your recoverable losses in VLDR:
The filed complaint alleges that Velodyne Lidar, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) certain of Velodyne’s directors had failed to operate with respect, honesty, integrity, and candor in their dealings with the Company’s officers and directors; (2) the Company was investigating the foregoing matters; and (3) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Shareholders have until May 3, 2021 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
For additional information about the VLDR lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click the link above.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:J. Klein, Esq.Empire State Building350 Fifth Avenue59th FloorNew York, NY 10118jk@kleinstocklaw.comTelephone: (212) 616-4899Fax: (347)
To view the source version of this press release, please visit