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U.S. Fintech DriveWealth Teams Up With Bambu to Launch Robo Platform For Registered Investment Advisors

DriveWealth Holdings, Inc., a U.S.-based fintech company providing brokers, digital advisors, and mobile online financial services companies seamless access to the U.S. securities market, announced on Tuesday it has teamed up with Bambu, a global provider of robo-advisory technology, to launch a robo platform for registered… Read More

North Carolina Disallows Cryptocurrency Campaign Contributions

Cryptocurrencies are hard to value, says the North Carolina State Board of Elections and Ethics, and for this reason, candidates running for office in the state may not accept donations of cryptocurrency, News Observer reports. A Republican candidate seeking to represent House District 41 in… Read More

Inaugural Blockchain Week Planned for San Francisco

The SF Blockchain community has scheduled an inaugural Blockchain Week in October. The event is said to focus more on the mechanics and benefits of blockchain (aka distributed ledger technology) as opposed to the initial coin offering hype that has infiltrated so many other events…. Read More

Bank of Canada Study Finds Successful Attacks on Large Networks Like Bitcoin Unlikely

Researchers at the Bank of Canada have published a working paper stating that the proof-of-work reward system and large network size of Bitcoin protect it against attacks. The study, “Incentive Compatibility on the Blockchain,” is something of a vindication of Bitcoin’s high energy consumption. It… Read More

Sugar Fix: Happy Pills Candies Now Crowdfunding on Crowdcube

Fashioned after medication, Barcelona-based Happy Pills sells its candies primarily to adults but also to children, marketing the idea that candies are “injections of optimism and fun.” Happy Pills has partnered with Crowdcube to raise £200,000 for 6.84% equity. The campaign has quickly experienced some sweet success, collecting… Read More

Altfinator Helps Innovative European SMEs Gain Access to Alternative Finance by Educating SME Advisors

In recent years, interesting alternative forms of financing such as crowdlending and crowdfunding have emerged to provide the underserved European SME market with debt and equity financing. However, these alternative solutions have been hampered by a missing link in their distribution: SME advisors. This missing… Read More

Bitfinex’s Chief Strategy Officer Walks

Bitfinex Chief Strategy Officer Phil Potter didn’t say much when he quit last week, but the move may be yet another indication that all is not well at the controversy-dogged crypto exchange. Potter may have referred to the exchange’s recent relocation to the Virgin Islands… Read More

Astana Financial Services Authority Signs Statement of Cooperation With Abu Dhabi Global Markets

The Astana Financial Services Authority (AFSA) announced earlier this week that it signed statement of cooperation with the Adu Dhabi Global Market to enhance their bilateral relationship. According to the AFSA, the objective of the Statement of Cooperation is to enhance mutual understanding of the legislative,… Read More

China Tolerating Bitcoin Mining in Remote Regions: “Xi Desires This Power for China”

In an atmospheric piece filed 2700km from Shanghai and 3000 miles above sea level, Nikkei Asian Review reporter Yusho Cho describes a 7000 computer-strong mining operation quietly thrumming out Bitcoins in the remote western plateau region of Qinghai. Local authorities, says Cho, are fine with… Read More

On Again, Off Again Blockchain Firm R3 Running Out of Money, Former Staff Claim

Enterprise blockchain developer R3 is running out of money, sources to Fortune magazine say.   R3 began as a startup in 2014, and tasked itself with creating blockchain products for banks and finance firms. It is considered to be one of Ripple’s main competitors. Blockchain… Read More

Indiegogo Expands Partnership With Brookstone: Now Offering Campaigners Exclusive Opportunity to Join Brookstone’s PLUS Innovation & Retail Platform

Global crowdfunding platform Indiegogo announced this week it has expanded its partnership with retailer Brookstone by offering campaigners exclusive opportunity to join Brookstone’s PLUS Innovation and Retail Platform. According to the funding portal, As a part of the platform, entrepreneurs are given a fast-track to high-traffic brick… Read More

Globacap Secures $800,000 in Seed Funding to Launch Regulated Blockchain Securities Issuance Platform

Globacap announced on Wednesday it raised $800,000 through seed funding round, which was led by Stoic Capital and ContactPartners, to continue work on its regulated blockchain securities platform. According to Globacap, other backers included Christian Schulte, co-founder of Steinbeis Mittelstandsfinanzierung and Stephen Russell, a veteran of… Read More

Will Blockchain Automate Lawyering? Yes and No.

At a recent cryptocurrency conference in Toronto, Dmitry Buterin, father of Ethereum inventor Vitalik Buterin and himself a technologist and programmer, floated the idea of an AI judge making better decisions than a human judge hungry for lunch. Judges, said Buterin, are known for issuing… Read More

Iran State Cryptocurrency “Ready”

The Iranian minister responsible for information and communications technology, Mohammad Javad Azari-Jahromi, has announced that a cryptocurrency it developed with the ministry’s Post Bank is “ready,” Reuters reports. Iranian State news agency IRNA has reported that the state’s cryptocurrency will be exempted from a ban… Read More

Federal Reserve of St. Louis: No Reputable Central Bank Would Issue a Decentralized Virtual Currency

The Federal Reserve of St. Louis recently published a paper entitled “The Case for Central Bank Electronic Money and the Non-case for Central Bank Cryptocurrencies. In brief, authors Aleksandr Berentsen and Fabian Schär don’t think much about central bank utilization of crypto. The duo states:… Read More

Five Points Brewing Surpasses £950,000 During the Final Days on Crowdcube

With its equity crowdfunding campaign set on Crowdcube to close later this week, UK-based Five Points Brewing Company has successfully secured more than £950,000 thanks to over 1350 investors. The funding round was launched last month and quickly secured its initial £750,000 funding target. Founded in 2013,… Read More

Max Keiser and Stacy Herbert Espouse the Global Urgency of Bitcoin

Soft spoken computer scientist Adam Back, one of the most important figures in the technical history of Bitcoin, had a hard act to follow after Max Keiser and Stacy Herbert burned down the stage presenting their gleeful and anarchic brand of Bitcoin-boosting. “The era of… Read More

Meet the Drapers Gets Picked Up by Sony Pictures Networks for Season Two

Season two of Meet the Drapers has received a nice boost as Sony Pictures Networks has picked up season two of the venture capital meets investment crowdfunding series. The series will be carried in over 150 countries with the news. The Drapers, Bill, Tim and Jesse,… Read More

Italy Launches New Trade Association ItaliaFintech

  Italy is joining a growing roster of countries that have established Fintech associations designed to guide emerging innovations in finance. According to a note from the organizers, ItaliaFintech currently represents 19 companies that, in aggregate, have about 1 million clients while managing € 450 million… Read More