Warren Buffet Is Short-Sighted About Crypto – Here’s Why

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Recently during a television interview, world-renowned investor and well-known Bitcoin cynic Warren Buffet described Bitcoin as “rat poison squared”. Buffett made the comment while responding to questions about Bitcoin’s meteoric and highly-publicized growth in the last five years. It would be an easy matter to… Read More

Overfunding: Zero-Fee Investment App Freetrade Surpasses £500,000 Funding Target in 12 Minutes on Crowdcube

Freetrade, a next-generation investment app providing users with free stock trading has secured an additional £3.1 million in funding through its equity crowdfunding campaign on Crowdcube. The London-based startup, which was founded in 2016 by Adam Dodds who previously worked in finance at KPMG, and… Read More

Hester Peirce Advocates for Thoughtful Regulation in Powerful LA Speech

Earlier this month Hester Peirce, a commissioner of the SEC, delivered a powerful speech in LA that bodes well for the future of cryptocurrency regulation. She addressed the challenges she faces as a regulator of the financial sector, and shared her own philosophy regarding initial… Read More

Huobi Group Appoints Chris Lee, Former CEO of OKEx as VP of Global Business Development

Singapore based Huobi Group, a crypto exchange and blockchain solutions provider, has appointed the former OKEx CEO, Chris Lee as Board Secretary and Vice President of Global Business Development. Lee will be leading Huobi Group’s global M&A strategy and oversee the development of international teams…. Read More

Revolut Asks Customers to Name New Metal Card

Digital challenger bank Revolut announced last week it is now asking customers to help name its new and exclusive metal card. Revolut reported that last year, it released the Revolut Premium account, which offers the choice of four exclusive card designs, unlimited foreign exchange transactions, overseas medical… Read More

Round 2: Following Spring Success, Crypto Invest Summit Schedules Fall Edition

The “West Coast’s Largest Cryptocurrency And Blockchain Event” has scheduled a second event for later this year. Following the gangbuster success last month, Crypto Invest Summit will return to the Los Angeles Convention Center on October 22nd. The organizers say that after the Spring event… Read More

FinTech Hive at DIFC Opens Applications For 2018 Accelerator Program

FinTech Hive at DIFC, a fintech accelerator that was established by the Dubai International Financial Centre (DIFC), announced over the weekend that it is now accepting applications for its 2018 program, kicking off a competitive search for the top fintech and insurtech innovators in the region…. Read More

UK Cryptotassets Taskforce Meets to Discuss Impact, Benefits & if New Regulation is Necessary for DLT in Financial Services

Today was the first meeting of the UK Cryptoassets Taskforce. The previously announced group involves the participation of the Financial Conduct Authority (FCA), Bank of England (BoE), HM Treasury and other Senior government officials. Some of the named participants include, Katharine Braddick, Director General of… Read More

Prestigious UCL University Cuts Ties with IOTA After Legal Attack on Researcher

University College London, the third largest university in England, has ended its association with the IOTA Foundation after IOTA co-founder Sergey Ivancheglo threatened legal action against a researcher at Boston University. “UCL Centre for Blockchain Technologies is no longer associated with the IOTA Foundation. In… Read More

Kickstarter Success OSSIC Shuts Down; Leaves Backers With No Highly Anticipated OSSIC X Headphones

Just a little over two years after securing $2,708,472 from 10,263 backers through its Kickstarter campaign, tech startup OSSIC announced it was officially shutting down and will not be delivering its highly anticipated OSSIC X headphones. As previously reported, the OSSIC X headphones supposedly calibrate… Read More

Tradeshift Launches End-to-End Cloud Platform For Supply Chain Payments & Finance; Includes Blockchain-Based Financing

Business commerce platform Tradeshift announced on Monday the launch of its new end-to-end cloud platform to bring supply chain payments, supply chain finance, and blockchain-based early payments together into one unified end-to-end solution, Tradeshift Pay. According to Tradeshift, by using the single unified wallet, buyers can take… Read More


Overfunding: Domaine du Grand Mayne Quickly Surpasses £100,000 Funding Goal Through Latest Seedrs Round

Just a couple weeks after launching its latest equity crowdfunding round on Seedrs, French vineyard and winery, Domaine du Grand Mayne, has successfully secured its initial £100,000 funding target from more than 225 investors. As previously reported, the Domaine du Grand Mayne team stated the vineyard, which has… Read More

The Economist: Banks Must Become More Agile, Adapt to the Digital Banking Age

The Economist has published a report on digital banking and the need for established banks to become more agile and adapt to the changes in technology. The document has been published with the support of Temenos, a provider of banking and finance software. The Temenos… Read More

Mastercard Announces Launch of New Fintech Initiative Called “Accelerate” (Infographic)

On Monday, credit card giant Mastercard announced the launch of its new initiative for fintech startups called Accelerate. According to Mastercard, the initiative is designed to support the ambitions of players in the FinTech sector through tailored support arrangements including access to insight, tools, technology, and… Read More

Insurtech Bestow Receives $15 Million Series A Funding

Insurtech Bestow Inc. has announced a $15 million Series A funding round led by Valar Ventures, with participation from existing investors New Enterprise Associates (NEA), Core Innovation Capital, 8VC, and Morpheus Ventures. Valar was founded by James Fitzgerald, Andrew McCormack and Peter Thiel. Bestow says total… Read More

The CFTC Argues in Court That It Can Regulate Fraudulent ICOs as a Commodity in My Big Coin Fraud Case

Last Friday, the Commodity Futures Trading Commission argued in a Boston courtroom that cryptocurrencies are tradable commodities that can be regulated under CFTC purview. The argument comes after lawyers for Randall Crater and Mark Gillespie of My Big Coin Inc. attempted to have fraud charges… Read More

Cryptocurrency Scams: Australian Competition & Consumer Commission Reports Sees Increase at End of 2017

The Australian Competition & Consumer Commission (ACCC) has published their 9th annual report on scam activity in Australia.  As one may expect, investment scams posted the highest amount of loss in 2017 with reports to “Scamwatch” and ACORN exceeding $64.6 million (Dating and romance scams’ were… Read More

ThinCats Funds £550,000 Management Buy-In for Scubair in Platform Buy & Build Deal

ThinCats announced on Monday it has completed a transaction for the Management Buy-In (MBI) of Scubair Ltd, a business involved in the design, installation, and service for all types of air conditioning, ventilation, and electrical systems. According to ThinCats, the Newbury-based company is a portfolio business… Read More

Mitsubishi UFJ Financial Group Partners with Akamai on Speedy Blockchain & Payment Network

Mitsubishi UFJ Financial Group (MUFG), one of the largest financial institutions in the world, and Akamai Technologies, have announced the development of a new blockchain service. This new partnership seeks to create “the world’s most scalable and fastest payment processing platform” with a capacity to… Read More