Association for Online Investment Platforms & SBECouncil Visit US House & Senate plus SEC to Discuss Improvements to Crowdfunding Rules

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The newly formed Association for Online Investment Platforms (AOIP) visited Washington, DC last week to discuss improvements for access to capital for small business and better opportunities for smaller investors. The trip was organized in partnership with the Small Business and Entrepreneurship Council (SBECouncil) –… Read More

Court Rules Israeli Bank Cannot Close Crypto Miner’s Accounts but Can Refuse to Shelter Proceeds

A judge presiding over a district court in Tel Aviv has ruled that a branch of Union Bank in the Herzliya industrial district acted unreasonably when it closed accounts belonging to IsraMiner, a division of the Ukrainian cryptomining company Yashraminer, Calcalist reports. Judge Limor Bibi,… Read More

Fintech InstaReM Closes on $41 Million Series C

InstaReM, a payments platform operating in over 50 countries, has closed on a USD $ 41 million Series C funding round led by Vertex Growth Fund, their first investment in Southeast Asia. James Lee, MD of Vertex Growth Fund, will be joining the Board of… Read More

Software-Bug Bounty Hunters Find 43 Errors in Coinbase, EOS, Monero, Brave, Tezos, OmiseGo and Unikoin Code

Thirteen (13) cryptocurrency companies have been issued 43 code vulnerability reports from “vulnerability disclosure platform” Hacker One, all in the past 30 days, Hard Fork reports. The bugs were found by white hat hackers pursuing rewards from “bug bounty hunter” programs. All told, the hackers… Read More

CBOE Will Not Issue More Bitcoin Futures in Immediate Future

The Chicago Board of Options Exchange (Cboe) has announced that it will not be adding new Bitcoin futures contracts this month or next. According to a release from the Chicago Futures Exchange (CFE), a division of the Cboe: “CFE is assessing its approach with respect… Read More

Asian Blockchain Information Platform CoinNess Compelts Series A Funding Round led by Chinese Venture Capital ShunWei Capital, QF Capital, & FreesFund

CoinNess, an Asian cryptocurrency and blockchain information provider, announced on Monday it closed its Series A round funding calculated in millions of dollars, led by Chinese leading venture capital ShunWei Capital, QF Capital, and FreesFund. Speaking about the investment, Peter TAN, CEO of CoinNess, stated:… Read More

IBM Blockchain World Wire Set to Support Payments & Foreign Exchange to More Than 50 Countries

IBM (NYSE: IBM) announced on Monday IBM Blockchain World Wire, a real-time global payments network for regulated financial institutions, is officially accessible to more than 50 countries.  According to IBM, World Wire was designed to optimize and accelerate foreign exchange, cross border payments and remittances… Read More

Verseon Creates Blockchain Subsidiary BlockRules. Launches Security Token Offering for Preferred Shares

Verseon (AIM: VERS), a California based clinical stage pharma company, is issuing preferred shares. The company is using its own blockchain based subsidiary BlockRules to sell the securities in a security token offering (STO) that seeks to be “one of the first global offerings backed… Read More

Investigator Links Russian Internet Tycoon to Hacks on Hilary Clinton Presidential Campaign and Financial Hacks

A veteran cybersecurity investigator has buttressed claims made in the Christopher Steele dossier that Internet infrastructure owned by Russian entrepreneur Aleksej Gubarev was used by Russian intelligence to subvert Hilary Clinton’s 2016 presidential bid, Buzzfeed reports. Gubarev’s infrastructure was also allegedly used to disperse the… Read More

Bitbond Works with Bitgo on BaFin Approved Security Token Offering, Seeks €100 Million

Bitbond, an online lending platform, has launched one of Germany’s first Security Token Offerings (STO). The Bitbond STO has published a BaFin approved Prospectus in conjunction with the offering representing an important step in the validation of the emerging digital asset ecosystem. The Bitbond STO… Read More

Standard Chartered Announces launch of Venture Unit’s Fintech Bridge

Standard Chartered announced on Monday that its venture unit, SC Ventures, has created a market-first platform, called SC Ventures Fintech Bridge, to connect community builders such as start-ups, investors and accelerators to the Bank. According to Standard Chartered, SC Ventures Fintech Bridge connects and matches… Read More


Singel’s Cross Border Mobile Payment Alliance VIA Expands to Japan

Singel announced on Monday its Asian cross-border payment alliance, VIA, has expanded its footprint to Japan. According to Singel, NETSTARS, a Tokyo-based mobile payment technology company, will join VIA, adding its 100,000 stores to the network’s current 1.6 million merchant partners. Singel reported that users… Read More

Overstock Earnings: E-Commerce Delivers Loss but Blockchain Projects are “Some of the Most Significant and Cutting Edge in the World”

Overstock (NASDAQ:OSTK) has reported financial results for the quarter ended December 31, 2018. According to a release from the e-commerce/tech/blockchain firm, both top line revenue and profit declined for the quarter. Shares in Overstock dipped in pre-market trading. In a note to shareholders, CEO and… Read More

P2P Lender CrowdProperty Easily Crowdfunds on Seedrs, Easily Tops Minimum Goal

Peer-to-peer property lender CrowdProperty has launched an equity crowdfunding offer on Seedrs. The campaign has quickly topped the minimum target of £600,000 for a 3.68% equity stake in the platform. CrowdProperty has a pre-money valuation of £15.7 million. In 2017, CrowdProperty listed a pre-Series A… Read More

FIS Acquires WorldPay For $35 Billion

Global payment technology provider Worldpay, Inc. (NYSE: WP; LSE: WPY) announced on Monday it has been acquired by FIS (NYSE: FIS), a financial services technology firm. FIS reportedly purchased the payment processor for $35 billion. Founded in 1993, WorldPay claims to be a “global leader” in payments… Read More

Coinbase Announces Stellar Lumens (XLM) Launch on Coinbase Pro

Cryptocurrency exchange Coinbase announced last week it would be launching Stellar Lumens (XLM) on its Coinbase Pro platform. According to Coinbase, support for XLM will be immediately available in Coinbase’s supported jurisdictions, with the exception of New York State, with additional jurisdictions may be added… Read More

Basel Committee on Banking Supervision Issues Statement on Cryptocurrency

The Basel Committee on Banking Supervision (BCBS) has issued a statement on “crypto-assets” indicating their concern that new financial products related to crypto have the potential to increase the risks to banks who engage in digital or crypto assets. The BCBS was established by central… Read More

Crowdfunding Platform Bloomio Heightens Startup Scrutiny with Reviews by “Independent Experts”

Recognizing that most startups fail, Switzerland-based crowdfunding platform Bloomio says they are boosting their diligence and addressing “the biases that accompany in-house assessments of profits,” for companies raising capital on their platform. Bloomio reports they are working with a panel of “external, experts across 13… Read More

Insurtech Startup Zesty.ai Forms New Partnership With Aon to Improve Underwriting With Property Data Solution Powered By AI

Insurtech startup Zesty.ai has recently formed a new partnership with Aon plc (NYSE:AON), a global professional services firm providing a broad range of risk, retirement and health solutions, to enhance insurers’ underwriting through access to more than 130 billion data points on buildings and their… Read More

Contractor Platform iContract Returns to Seedrs

Less than a year after securing £800,000 through its previous Seedrs funding round, contractor platform iContract has returned to the equity crowdfunding platform, now seeking a minimum of £150,000. As previously reported, iContract was launched in August 2017 to connect contractors and recruiters for job… Read More

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