Major Milestone: There Are Now More than 300 Cryptocurrency Funds

The recent bitcoin price decline and subsequent bear market put a severe dent in profit projections for hedge funds that invest in cryptoassets, but it has not prevented the sheer number of these cryptocurrency funds — and the size of their assets under management (AUM) — from swelling to record levels. Number of Cryptocurrency Funds … Read more

BRICS Summit: Major Banks From Member States Sign MoU on DLT Research

Major banks from BRICS member states; Brazil, Russia, India, China, and South Africa, will study blockchain tech implementation. Five major banks from each BRICS member state signed a Memorandum of Understanding (MoU) on the development of distributed ledger technology (DLT), according to an official press release July 26. During the 10th International BRICS Summit in … Read more

The rise of wealthtech

Vinit Sahni, Arkera: AI and ML are revolutionising wealthtech Retail investors now have a plethora of new technology tools at their disposal, thanks to wealthtech. Wealthtech describes a new breed of financial technology companies, which are creating digital solutions that are slowly transforming the investment management industry. This includes both end investors and the firms … Read more

While Still Comparatively Small, Italian Crowdfunding Market Experiencing Rapid Growth

A report from the Politecnico Milano School of Management in Italy, indicates that the volume investment crowdfunding is picking up pace in Italy. In Italy, as is with the rest of Europe, crowdfunding denotes investment in both debt and equity. According to the numbers provided… Read More The post While Still Comparatively Small, Italian Crowdfunding … Read more

Venmo’s Privacy Settings Could Be Exposing Your Biggest Secrets

Researchers and online activists are highlighting what they say is a serious flaw in Venmo, the popular mobile payments app. By default, the app makes much of users’ transaction data publicly viewable, allowing strangers to closely scrutinize individual behavior. That fact is dramatically illustrated at Public By Default, a research project detailing the 2017 transaction … Read more

The Weekly: New Regulations, Blackrock Probes Market, Coinbase Gets Into Politics

In this week’s daily editions of Bitcoin in Brief, we showcased stories about politicians trying to enforce their will on the cryptocurrency ecosystem around the world, thus pushing companies that are big enough to join the money-in-politics game. Also Read: Malta Stock Exchange to Develop Two New Platforms for Security Tokens Bitmain Expands R&D in … Read more

Report: Switzerland Struggles to Maintain Crypto Prominence as Banks Turn Away from Emerging Sector

The emergence of cryptocurrency and initial coin offerings has helped to bring Switzerland back into the lime light when it comes to financial services. Once a noted haven for “numbered” bank accounts and strict anonymity rules, the Swiss banking industry has dimmed in recent years… Read More The post Report: Switzerland Struggles to Maintain Crypto … Read more

Marketplace Lending News Roundup – July 21

During the week I share the latest marketplace lending and fintech news on Twitter as it happens. Then every Saturday I take the most interesting news items and blog posts from the past week and share them here. Rising Inflation, Bank Earnings, Deep-Dive on Inflation Trends from PeerIQ – The latest PeerIQ newsletter takes a look … Read more