French Digital Asset Association Gears Up to Champion Digital Assets in Europe and Beyond

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Riding on the wings of the success of the Paris Blockchain Week, members of the French Association for the Management of Cryptoassets have decided to set up a larger and more formal association to take their endeavor to the next level.  Today, the founding members… Read More

Founder of Cryptopia, New Zealand Crypto Exchange Felled by Hackers, Readying New Exchange

Adam Clark, a self-taught programmer who founded the now liquidating “decentralized” cryptocurrency exchange Cryptopia, already has a new exchange in the works, Decrypt Media has found. Clark’s LinkedIn profile lists him as “Platform Architect / Lead Developer at Assetylene.co,” a company in September of last year… Read More

Novogratz’ Galaxy Digital Sells Substantial Portion of Stake in Block.one, Creators of the EOS Blockchain

Eos Block.One

Galaxy Digital Holdings Ltd. (TSXV: GLXY; Frankfurt: 7LX), Mike Novogratz’s crypto merchant bank, has sold, “a majority of the Company’s position” in Block.one back to Block.One itself. Block.one is the company that launched the EOS blockchain last year. Galaxy’s remaining shares in Block.one, “…will no longer represent a… Read More

Mixer Down: Cryptocurrency Anonymizing Service Shut Down by Europol

Police in the Netherlands and Luxembourg have seized six servers hosting Bestmixer.io, “one of the three largest mixing services for cryptocurrencies.” The seizures, cooperatively executed by the Dutch Fiscal Information and Investigation Service (FIOD), Europol and the authorities in Luxembourg, have resulted in the complete shutdown… Read More

U.S. Insurtech Snapsheet Secures $29 Million Through Series E Funding Round Led By Tola Capital

Snapsheet, a U.S.-based insurtech that’s focused in virtual claims solution, announced earlier this week it raised $29 million through its Series E funding round, which was led by Tola Capital, a venture capital firm that focuses on enterprise software. It includes participation from new investors,… Read More

SEC Commissioner Hester Peirce Gives Props to Bermuda and Crypto Custody Approach

Securities custody is a challenging service even for analog firms. Crypto brings with it a whole host of nuanced hurdles when providing custody for digital assets. There are a few firms that have successfully launched custody for crypto – such as PrimeTrust. Fidelity is providing… Read More

N26 Addresses BaFin Order About Money Laundering & Financial Failures

On Tuesday, the Federal Financial Supervisory Authority (BaFin), Germany’s supervisor of banks, financial services providers, insurance undertakings, and securities trading, reportedly published an order for N26 to remove backlogs in IT monitoring in order establish process descriptions and workflows in writing. In response to the… Read More

PensionBee & Starling Bank Announce Further Integration too Offer Onboarding for New Customers

Pension managing company PensionBee announced earlier this week that it has expanded its integration with digital banking group Starling Bank. PensionBee revealed that Starling Bank customers may now seamlessly combine all their old pensions into a new PensionBee plan, offering a pension consolidation product in… Read More

Overfunding: Agroop Surpasses €500,000 Funding Target on Seedrs

Portugal-based agriculture tech company, Agroop, has successfully secured its initial €500,000 funding target through its latest equity crowdfunding campaign on Seedrs. The funding round was launched in March, less than two years after Agroop obtained €514,000 on the funding platform.  As previously reported, Agroop was… Read More

Fintech Unicorn Transferwise Raises $292 Million at $3.5 Billion Valuation: No Need to Go Public as there is an Ocean of Private Capital

Fintech Unicorn and stealth bank Transferwise has raised $292 million at a valuation of $3.5 billion. According to multiple reports, Transferwise has doubled its valuation in contrast to its last funding round. The round was said to be over-subscribed. Transferwise last raised capital at a… Read More

Insurtech TicketGuardian Rebrands As Protecht

TicketGuardian, an insurtech startup that’s aiming to shake up the ‘no refunds’ standard of live events ticketing, announced earlier this week it has rebranded to Protecht. According to TicketGuardian, the name change is designed to streamline and simplify the Protecht offerings to partners, prospects, and… Read More


Wirecard Partners With India’s UTI Infrastructure Technology and Services to Facilitate the Issuing of Physical & Digital Taxpayer Identification Cards

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Wednesday it has formed a new partnership with India’s government-owned company UTI Infrastructure Technology and Services Limited (UTIITSL), to facilitate the issuing of physical and digital taxpayer identification cards, also known as PAN (Permanent… Read More

Institutional Money is Coming: Real Estate Crowdfunding Platform PeerStreet Hires Wall Street Veteran to Manage “Substantial Institutional Growth”

PeerStreet, a leading crowdfunding platform serving the real estate marketplace, is expecting “substantial institutional growth.” In the online capital formation world, institutional money is needed for a platform to effectively scale. Since platform launch, PeerStreet has done a pretty effective job as loan facilitations have… Read More

Circle Fires 30 Employees Due to “Restrictive Regulatory Climate in the US”

Digital asset firm Circle has let go 10% of its workforce or 30 individual employees. Circle founder and CEO Jeremy Allaire explained the move in a series of tweets. Allaire said: “We made these changes in response to new market conditions, most importantly, an increasingly… Read More

Digital Bank Tandem Partners with Brightside to Provide Education at Local Schools

Challenger bank Tandem has formed a partnership with “social mobility charity,” Brightside, to educate the youth on financial management. According to Tandem, a pilot program has been launched to deliver a program to a North London school to students aged 16 to 18 “offering a… Read More

Crypto.com Lists ICON’s ICX Token

Hong Kong-based cryptocurrency platform Crypto.com announced on Wednesday it has listed ICON’s ICX to its wallet and card app. Crypto.com reported that ICX is the sixteenth token added to the crypto platform, joining cryptocurrencies and stablecoins such as Bitcoin (BTC), Ether (ETH), Litecoin (LTC), XRP,… Read More

Chairman of Cryptofund 3iQ Howard Atkinson Joins KoreConX’s Board of Advisors

KoreConX announced on Wednesday it has appointed Howard Atkinson, the Chairman of the Board of Directors at Canada-based multi-cryptoasset investment round 3iQ, is joining the company’s Board of Directors. According to KoreConX, Atkinson has also been in the financial services industry for over three decades… Read More

InvestCloud Appoints Will Bailey as Chief Strategy Officer

Global fintech InvestCloud announced last week it has appointed Will Bailey as its new Chief Strategy Officer. According to InvestCloud, the newly-created role will see Bailey head up development on emerging product initiatives, which includes leading a strategic product team to apply the latest technology, from… Read More

Insurtech Voom Raises $5 Million Series A to Provide on Demand Insurance Using Telematics

Voom is poised to provide on-demand insurance following the completion of a $5 million Series A funding round, according to a note from the company. Voom, a Tel Aviv based startup, received the capital injection from Arbor Ventures with participation from returning investors F2 Capital,… Read More

Dutch Man Charged for Running Fraudulent 100 Million Euro Bitcoin Mining Scheme

A 33-year-old man in the central-Netherlands city of Apeldoorn has been arrested for allegedly using a fake cryptocurrency mining scheme to defraud 100 investors out of €100 million ($112 million USD), de Gederlander reports. Officers from The Tax Information and Investigation Service of the tax authorities (FIOD)… Read More

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