Credit Rating Firm Backs $8 Million Fundraise for Crypto Alternative

A blockchain startup has raised $8 million in a seed funding round with a mission to develop a protocol to serve the unbanked.
Source: https://www.coindesk.com/chinese-credit-rating-firm-backs-blockchain-startups-8-million-round/

Congressman's Call for Crypto Ban Sparks Social Uproar

In the span of a few hours, it became Crypto Twitter vs U.S. Representative Brad Sherman.
Source: https://www.coindesk.com/congressmans-call-for-crypto-ban-sparks-social-uproar/

Barclays Bank proposed using blockchain to make various banking processes more efficient in a pair of patent applications.
Source: https://www.coindesk.com/barclays-seeks-twin-blockchain-patents-for-banking-services/

After announcing his candidacy just one day ago, Tron founder Justin Sun has already been elected to run a node in the network.
Source: https://www.coindesk.com/it-took-just-a-day-for-tron-founder-justin-sun-to-win-his-own-blockchains-election/

A new arm of the Malta Stock Exchange is partnering with Neufund to launch a stock exchange for tokenized securities and crypto assets.
Source: https://www.coindesk.com/malta-stock-exchange-partners-to-build-global-token-exchange/

The team behind the Raiden, which creates payment channels to help ethereum scale, has launched the final testnet before the tech goes live.
Source: https://www.coindesk.com/ethereum-scaling-solution-raiden-releases-last-testnet-before-launch/

Spending on blockchain solutions is forecasted to increase annually at a growth rate of close to 75 percent through 2022, according to a new report.
Source: https://www.coindesk.com/report-blockchain-spending-to-hit-nearly-12-billion-by-2022/

Steve Bannon, former chief strategist to President Donald Trump, confirmed Wednesday that he is working on a cryptocurrency of his own.
Source: https://www.coindesk.com/ex-trump-advisor-steve-bannon-is-making-a-cryptocurrency/

The CFPB is launching a regulatory sandbox to encourage innovation in new tech such as blockchain, acting head Mick Mulvaney announced Wednesday.
Source: https://www.coindesk.com/us-consumer-finance-watchdog-opens-regulatory-sandbox-to-blockchain/

A resurgence of debate surrounding fund recovery on the ethereum network shows the topic is still as divisive as ever.
Source: https://www.coindesk.com/ethereums-most-heated-tech-debate-is-proving-its-far-from-over/