House Financial Services Subcommittee: Representative Sherman Tells SEC to Shut All ICOs Down, Representative Emmer Sees “Real Opportunity” with Crypto

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Last week, while New York City saw thousands of cryptocurrency enthusiasts discuss the benefits of digital assets and blockchain, a House Financial Services subcommittee reviewed initial coin offerings with the leaders of the Securities and Exchange Commission (SEC) Enforcement Division. The Congressional Hearing provided a… Read More

Coinbase Grows with Acquisition of Paradex

Coinbase grew this week. The digital currency exchange acquired Paradex, a platform that describes itself as “an elite, peer-to-peer trading platform focused on speed, reliability and non-custodianship.” This also becomes a way for Coinbase to broaden its reach into more crypto. Paradex posted a comment… Read More

P2P Lender ArchOver Announces IFISA

ArchOver, the UK P2P business lending platform, announced this week the launch of its Innovative Finance ISA (IFISA)to both new and existing lender. ArchOver reported that the IFISA allows individuals to earn tax-free returns by investing over P2P lending platforms using their annual ISA allowance of… Read More

LendingTree Forms Partnership With Autotrader & Kelley Blue Book to Offer Shoppers Auto Lending Options

Autotrader and Kelley Blue Book announced earlier this week it is working with LendingTree to offer more auto lending options. While sharing details about the new collaboration, Jai Macker, Senior Vice President of Product at Cox Automotive, the mother company of Autotrader and Kelley Blue… Read More

Swiss Fintech Avaloq Onboards Deutsche Bank Luxembourg

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday that Deutsche Bank Luxembourg has adopted its Avaloq Banking Suite. According to Avaloq, more than 150 customers and wealth managers manage $4 trillion in assets with Avaloq, helping everyone from… Read More

Update: Nanusens to Complete Crowdcube Round With Nearly £900,000 in Funding

Nanusens, a Spanish technology startup, is set to complete its equity crowdfunding campaign on Crowdcube with nearly £900,000 from more than 775 investors. The funding round was launched last month and quickly secured its initial £400,000 funding target. Nanusens reported it raised £89,206 prior to launching its… Read More

Mizuho Financial Group Announces Support For Japanese Blockchain Coworking Space Neutrino

Mizuho Financial Group, Inc. announced last week it has agreed to sponsor Neutrino, Japan’s first blockchain1 coworking space. According to the firm, Neutrino, which located in Tokyo’s Shibuya Ward, was established by Omise Japan (CEO: Jun Hasegawa). It was reported: “One of the key features… Read More

P2P Lender RateSetter Has Now Topped £2.5 Billion in Loan Originations.

UK based peer to peer lending platform RateSetter has topped £2.5 billion in loan originations, according to a note from the company. The online lender provides credit to both individuals and UK SMEs. The milestone comes just as RateSetter announced that it had generated £100… Read More

VersaPay Forms New Partnership With First Data To Offer Global Payment Processing

VersaPay (TSXV: VPY),  a provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, automated accounts receivable, cash application and collections management, announced on Friday it has entered into a Global Payments Facilitator partnership with First Data. According to VersaPay, First Data serves over 6 million customers… Read More

Crypto Exchange Huobi Says it Intends to Make Vietnam a “Strategic Fortress”

Huobi.Pro, a cryptocurrency exchange, says it wants to make Vietnam a strategic fortress. The comments came during a keynote speech at the Blockchain Festival Vietnam. Huobi claimed an annual turnover of $850 million in 2017 – so it is pretty big. While some jurisdictions have… Read More

Verge, Bitcoin Gold and MonaCoin Hacked

Hackers have successfully executed attacks on three cyrptocurrency blockchains in the past week. Verge, Bitcoin Gold and MonaCoin were all robbed of coins in the attacks. The network of a purported privacy coin called Verge was successfully hijacked last weekend when hackers hijacked the network… Read More


Overfunding: 1854 Media Secures £400,000 Funding Target in 24 Hours on Crowdcube

1854 Media, a digital media business, successfully secured its initial £400,000 funding in just 24 hours on equity crowdfunding platform Crowdcube. The company previously raised nearly £400,000 through the funding portal in 2016 under the name British Journal of Photography. As previously reported, the publication has… Read More

MOBI Said to be First Cryptocurrency to Facilitate Agriculture Industry with Producers Market Partnership

Mobius (MOBI) has partnered with Producers Market to create a blockchain powered agricultural market where crypto is being accepted for purchases. Mobius says their collaboration creates the first of its kind market where cryptocurrency is accepted between farm and food processor. Producers Market represents farms… Read More

Paypal CFO Talks Venmo Mobile App and Says Paypal Will Transmit Crypto “If it Stabilizes”

After a fairly flat quarter of stock performance in Q1 2018, PayPal CFO John Rainey sat down with CNBC “Mad Money” host Jim Cramer last week to discuss growth of the company, plans for its mobile payment app Venmo and the possibility of enabling crypto… Read More

Bail Bloc Charity Project Mines Monero for Bail

A group of prison abolitionists in New York are asking the public to donate a small amount of computer processing power to mine a cryptocurrency called Monero to benefit a project that bails out prisoners stuck in pretrial detention because they cannot afford bail. “Bail Bloc”… Read More

Draft Legislation Circulates that Would Create a “Federal Financial Institutions Technology Council”

Potential legislation is currently being circulated that may create a new Fintech Council to advocate on behalf of innovation in the financial services industry. The bill, entitled the “Financial Technology Act,” would mandate the creation of a “Federal Financial Technology Council.” (FFITC) As the language… Read More

European Golfer Scott Jamieson Announces Sponsorship From Digital Currency Company LIFELabs.io

European Tour professional golfer, Scott Jamieson, announced this week that he is being sponsored by a digital currency company. The deal with LIFElabs.io is effective immediately and will see the athlete raise the profile of its digital currency, LIFEtoken and support its numerous charitable initiatives around the globe. Founded in 2017,… Read More

US Justice Department Investigating Bitcoin Price Manipulation on Exchanges

Spectacular spoofing and wash-trading practices largely regarded as par-for-the-course among early crypto traders are coming under the scrutiny of the US Department of Justice and its partner, the Commodity Futures Trading Commission, Bloomberg reports. Better regulation of the cryptocurrency markets is largely regarded as a… Read More

Crypto Trading Platform Caspian Announces Partnership With Bitcoin Mercantile Exchange

Caspian, the full-stack crypto trading, portfolio and risk management platform for institutional and sophisticated investors, announced on Thursday it has formed a partnership with BitMEX (Bitcoin Mercantile Exchange) a bitcoin peer-to-peer trading platform, in order to further support and facilitate institutional investment’s move into crypto… Read More

GOAL! Stryking Blockchain Plans STRYKZ GBX Token Sale & Celebrates Recent Awards

Stryking Entertainment GmbH will host its upcoming STRYKZ Token Sale Event in collaboration with the Gibraltar Blockchain Exchange (GBX). Stryking will be among the first companies to issue a token through the GBX GRID, with the token being listed on the GBX Exchange after the… Read More