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FSMA Flags 14 Crypto Trading Platforms, as Crypto Scams Grow

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“You can see the list of the 14 suspected scams and their websites here” writes Celeste Skinner for financemagnates.com. However, some of the trading platforms don’t just offer cryptocurrencies, they also offer more traditional financial instruments to trade such as foreign exchange, indexes and commodities.With the additions, the list of suspected cryptocurrency scams now includes a total of 113 websites.In addition, the FSMA also highlights that despite previous warnings, the regulator is still receiving new complaints from consumers who have invested in virtual currencies through these trading platforms.The Financial Services and…

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Markets News 

Goldman, Morgan Stanley gain clout in Brazil as NY IPOs grow

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“U.S. exchanges offer more “comparables” like PayPal to help define the stock price and access to technology investors, bankers say” reports businessinsider.com. PagSeguro Digital Ltd’s listing in particular was pivotal to convincing Brazilian companies they could win better valuations abroad, bankers say.That means American banks have grabbed a much higher portion of the $280 million in fees paid by Brazilian companies so far this year.U.S. banks advised on 56 percent of Brazilian share offerings this year, the data shows, after trailing local banks last year with only 29.7 percent. Source: businessinsider.com…

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RightHand Robotics raises $23 million to grow its ecommerce solution in Europe and Japan

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“RightHand Robotics today announced the close of a $23 million funding round to bring its services to customers in Europe and Japan and expand sales, engineering, and customer service divisions of the company” writes Khari Johnson for venturebeat.com. The funding will also be used to grow the RightHand Robotics product line further into industries like pharmaceuticals, groceries, and cosmetics. Source: venturebeat.com Share This:

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Microsoft researchers beat Tencent and Intel in autonomous greenhouse competition

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“Team Sonoma was the clear winner throughout the competition in total production of cucumbers, followed closely by the human cucumber growers” writes Khari Johnson for venturebeat.com. The competition was sponsored by Tencent Exploration Team, an initiative for funding promising companies and projects from the Chinese tech giant.Members of Microsoft Research, together with students from Dutch and Danish universities, have won a cucumber-growing competition held in autonomous greenhouses at Wageningen University and Research in Holland. Source: venturebeat.com Share This:

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Japan’s Softbank to replace Huawei with Nokia and Ericsson as espionage fears grow

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“Japanese telecoms giant Softbank is to remove Huawei equipment from its network, replacing it with 4G technology from the Chinese company’s rivals” writes Matthew Field for telegraph.co.uk. A Softbank spokesman said the report in Nikkei was “based on speculation” and that no decision had been made.Softbank Corp, part of the tech giant Softbank Group, is the only telecoms operator in Japan that uses equipment from the Chinese supplier, which is considered to be better value than some rivals. Source: telegraph.co.uk Share This:

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Crypto Markets News 

Bitcoin market dominance grow amid widespread cryptocurrency collapse

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“While the cryptocurrencies have calmed down after the recent collapse to 15-month lows, the bearish sentiments are still dominating the market” writes Fx Street for forexcrunch.com. Harami pattern on 4-hour chart indicates that a bearish market may be reversing.As altcoins were hit the hardest, Bitcoin’s market share jumped to 55%. Source: forexcrunch.com Share This:

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The reason some men can’t grow full beards, according to a dermatologist

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“Some men, you know, have more hair follicles, so they can grow denser, coarser beards than others” writes Graham Flanagan for businessinsider.com.au. Men who can’t grow a beard or have patchy beards usually have normal testosterone levels.So, I asked a dermatologist about why he’s able to grow a beard and I’m not.Dr. Source: businessinsider.com.au Share This:

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The battery industry is blowing up and it’s changing everything, from cars to phones

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“But to propel us into a fully electric future, we may need new battery technology on a scale never before seen” writes unknown author for cnbc.com. Battery technology has been ever-evolving since the late 18th century as our energy-storage needs have continued to grow.The lithium-ion battery industry alone is worth $23 billion and is expected to grow to $93 billion by 2025, according to Grand View Research. Watch to learn about how battery innovation is changing our world. Source: cnbc.com Share This:

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Alto raises $50 million to grow its online pharmacy across the U.S.

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“Founded in 2015 after acquiring AG Pharmacy, a brick-and-mortar pharmacy which served San Francisco for more than 30 years, Alto Pharmacy is one of a number of online pharmacies to offer same-day prescription deliveries, in addition to related services such as medication management apps” writes Paul Sawers for venturebeat.com. With another $50 million in the bank, Alto said that it plans to double down on its U.S. expansion efforts, which will see it grow beyond San Francisco and Southern California.This capital will allow Alto to reach more patients across the…

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