March 28, 2018 @ 9:23 am By JD Alois  |  

The European Securities and Markets Authority (ESMA) has banned the marketing, distribution and sale of binary options to retail investors. Simultaneously, contracts for differences (CFDs) will have a restriction on the marketing, distribution or sale to retail investors. ESMA can only introduce temporary intervention measures… Read More

March 28, 2018 @ 8:08 am By JD Alois  |  

Deutsche Börse Group and HQLAX have signed a Letter of Intent to partner on the creation of a securities lending platrorm using the R3 Corda Blockchain platform. R3 is Blockchain platform working with a network of more than 200 banks, financial institutions, and more to develop… Read More

March 28, 2018 @ 7:49 am By JD Alois  |  

LATTICE80, recently relocated to London, has announced the launch of “FintechDB,” an AI powered database targeting the vast array of Fintech firms. The FintechDB is presently in the alpha version, according to LATTICE80, but it is active and continuously porting raw data on over 11,000… Read More

March 28, 2018 @ 12:12 am By JD Alois  |  

We have received some information from an insider regarding Chinese peer to peer lending platforms being unable to update their Apps in the Apple App store due to a regulatory disconnect. From what we have been told, Apple (NASDAQ:AAPL) is enforcing a rule that requires… Read More

March 27, 2018 @ 7:16 pm By JD Alois  |  

The State of Massachusetts Securities Division, under the direction of Secretary William Galvin, has issued a series of Consent Orders pertaining to five different initial coin offerings (ICOs). The following issuers received the orders: 18Moons, Inc Across Platforms, Inc. DBA ClickableTV SparkCo Inc, DBA Librium… Read More

March 27, 2018 @ 4:59 pm By JD Alois  |  

Some large countries are blocking initial coin offering, some are observing and others are creating rules by enforcement action, France wants to become “the first major financial center to propose an ad hoc legislative frame work that will allow companies initiating an ICO to demonstrate their seriousness to potential… Read More

March 27, 2018 @ 12:44 pm By JD Alois  |  

Bancor, a company that launched one of the largest initial coin offerings (ICOs) of 2017, has sent an email out to its community notifying users of a phishing scam In June of 2017, the Bancor Foundation raised more than $153 million in its ICO. The “Token Generation… Read More

March 27, 2018 @ 11:48 am By JD Alois  |  

For companies that have used Reg CF to raise growth capital online compliance does not stop at the Form C. Issuers must file an annual report type document. If you have an end of year (December 31st) fiscal calendar, and you used Reg CF, the… Read More

March 27, 2018 @ 11:22 am By JD Alois  |  

We Build Bots (IntelAgent) is in the midst of an equity crowdfunding campaign on Seedrs. The chatbot platform has raised £273,000 so far on a goal of £500,000. According to the campaign page, 155 investors have backed the AI focused startup. As part of the… Read More

March 27, 2018 @ 10:55 am By JD Alois  |  

Muscle Maker Grill has filed a post qualification offering circular with the Securities and Exchange Commission (SEC) indicating its intent to list on OTCQX Marketplace under the symbol of MMB after the Reg A+ crowdfunding round closes. This is a change from previous communications where… Read More

March 27, 2018 @ 8:11 am By JD Alois  |  

XPM Investment Consulting, an independent consultancy that provides fund analysis, portfolio reviews, investment research and more, has published a brief report on SyndicateRoom’s Fund Twenty8. SyndicateRoom says the report was not published at their behest and represents an independent assessment of the fund. Fund Twenty8… Read More

March 27, 2018 @ 7:55 am By JD Alois  |  

FundedByMe, an investment crowdfunding platform based in Sweden but operating in multiple countries around the world, has surpassed a new milestone. FundedByMe is reporting having topped €50 million (SEK 500 Million) in crowdfunding since platform launch as of March 2018. The platform  continues to expand internationally… Read More

March 27, 2018 @ 3:00 am By JD Alois  |  

Orca, an independent data, research and analysis provider targeting the the UK peer-to-peer (P2P) lending market, has launched its premier investment platform. The new platform will allow investors to easily diversify across multiple P2P lending platforms from a single P2P investment portfolio. Orca seeks to… Read More

March 26, 2018 @ 11:50 pm By JD Alois  |  

Fake news is everywhere these days. So it seems. Recently, the Venezuelan government launched a bespoke cryptocurrency tied to the country’s oil production. Concocted by Venezuelan President Maduro, the Petro Crypto has been slammed as a feeble attempt to skirt the hyper inflation that Maduro’s… Read More

March 26, 2018 @ 4:54 pm By JD Alois  |  

It’s official. Twitter is following in the footsteps of its tech friends in banning cryptocurrency promotions. Most recently Google hit crypto with the ban hammer and not too long ago Facebook did the same. The news of the ban by Twitter has been circulating for… Read More

March 26, 2018 @ 4:41 pm By JD Alois  |  

Overstock(NASDAQ:OSTK) intends to offer 4,000,000 shares of its common stock in an underwritten public offering. Overstock also expects to grant to the underwriters a 30-day option to purchase up to 600,000 additional shares of its common stock in the offering. The public offering will be made… Read More

March 26, 2018 @ 12:48 pm By JD Alois  |  

LendingBlock, a cryptocurrency lending platform that we covered earlier this month, has revealed it will see its tokens (LND) trade on HitBTC this coming May. Lending Block’s crowdsale will kick off on with the pre-sale beginning on April 7th and the main sale starting a… Read More

March 26, 2018 @ 11:37 am By JD Alois  |  

Remember YayYo? Back in May of 2017, YayYo announced a Reg A+ crowdfunding offering for a business that was ostensibly designed to provide price comparisons to ride sharing applications like UBER and Lyft. YayYo wanted to help save consumers money while possibly missing the fact… Read More

March 26, 2018 @ 10:38 am By JD Alois  |  

Earlier this month, Kodak (NYSE:KODK) filed a 10-K with the Securities and Exchange Commission (SEC). Buried within the Kodak Annual Report was further details into Kodak’s relationship with Wenn Digital, KODAKOne and the KODAKCoin initial coin offering. According to the filing, Wenn purchased a license… Read More

March 26, 2018 @ 9:27 am By JD Alois  |  

The Request Network Foundation has formed a partnership with the PwC France and Francophone Africa Blockchain Lab. According to the Request Network, this partnership will shape and develop the future of professional services, taking a leading role in offering solutions to clients’ needs of on-boarding… Read More