Chinese Company RenrenBit Raises $21 Million in Controversial Token Sale

Viraj Shah

RenrenBit, a Chinese crypto lending firm, recently raised $21 million via a token sale. The company circumvented Chinese law to make its tokens available to the public. How is RenrenBit changing Chinese token sales? The Chinese government has been hostile towards the cryptocurrency industry and has cracked down very heavily on both crypto miners as…

German Regulator BaFin Approves Tokenized Real Estate Bonds

Viraj Shah

The German Financial Market Supervisory Authority (BaFin) recently approved the issuance of tokenized real estate bonds using blockchain on Tuesday. This is BaFin’s first approval for a blockchain-based asset. Fundament Group takes the lead German company Fundament Group led the effort to get the regulator’s approval for the real estate bonds. The Berlin-based company specializes…

Intel stock

Top 5 Artificial Intelligence Stocks to Watch in July

Viraj Shah

Artificial Intelligence and blockchain are two of the biggest technological advancements that the world is watching with great anticipation. While blockchain is still lost in regulatory issues and cryptocurrency problems, artificial intelligence is moving ahead quickly. Tech giants, from Google to Facebook, are busy developing their own AI. As an investor, picking the right AI…