Founded in 2017 by David Moskowitz and Gaurang Torvekar, Indorse is a decentralized professional network which aims to build a social network where the user is in charge of their own data,
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The US Securities and Exchange Commission (SEC) has created a mock initial coin offering (ICO) website to educate investors about the scam-riddled ICO industry.
The mock site, HoweyCoins.com, mimics a bogus ICO project and touts an all-too-good-to-be-true investment opportunity.
Africa-based digital payments platform Cellulant has raised $47.5 million in its Series C funding round. The round was led by the Rise Fund, a global impact investing fund managed by growth equity platform TPG Growth. Other investors include Endeavor Catalyst, Satya Capital, Velocity Capital and Progression Africa.
Indian tech giant Infosys has partnered with seven major domestic banks to create a blockchain trade finance network.
The trade finance network, called India Trade Connect, has been formed in partnership with Axis Bank, ICICI Bank, IndusInd Bank, Kotak Mahindra Bank,
The Tel Aviv Stock Exchange (TASE) is planning to develop a blockchain securities lending platform.
The project will bring together Israeli FinTech hub The Floor, Accenture, and Intel to develop the blockchain platform for the TASE. The project was born during a blockchain hackathon in March 2017 and quickly transitioned to a concrete opportunity.
The pilot was conducted on March 23, with participation from Banco Santander Corporate Services as the issuer’s agent and Santander’s blockchain lab.
Nick Thomas is the president and co-founder of Finicity, a financial data aggregator enabling data-driven insights. He specializes in heading up Finicity’s data services business. He also founded Komodo and currently serves on the board of directors of AIM Utah.
Through its real-time financial data aggregation and insights platform,
Cryptocurrency platform Circle has raised $110 million in a financing round led by Chinese crypto mining giant Bitmain. Also participating in the financing round are existing investors IDG Capital, Breyer Capital, General Catalyst, Accel, Digital Currency Group, and Pantera, along with new investors Blockchain Capital and Tusk Ventures.
The New York City Economic Development Corporation (NYCEDC) has announced that it will be launching two blockchain initiatives in the city in the coming months.
Through annual contracts with the city of New York, NYCEDC is a non-profit organization that serves as the city’s primary entity for promoting and implementing economic development.
Cryptocurrency asset management platform LedgerX has launched LedgerSavings, a new bitcoin savings account that is licensed by the US Commodities Future Trading Commission (CFTC).
LedgerX, backed by Miami International Holdings, is an institutional trading and clearing platform for bitcoin options. It received approval for its platform from the CFTC in July 2017.