Going in Hot: Michael Terpin to Use RICO Act in Pursuit of Justice against Alleged SIM Swap Crypto Fraudster Nicholas Truglia

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SIM Swap fraud is a pressing problem not only in the crypto world but identity fraud in general. A fairly new scam, the con is hatched when a criminal takes over an individual’s mobile phone by cloning the hardware. Once the perpetrator controls the mobile… Read More

Blockchain Smart Credit Card Developer Tangem Secures $15 Million Investment From SBI

Tandem, a Switzerland-based startup for smartcard-based NFC wallets for cryptocurrencies and blockchain assets, announced on Monday it received a $15 million investment from Japan’s SBI. According to Tandem, the investment will be used to accelerate the deployment of its cryptocurrency/stable coins, as well as other technologies,… Read More

Digital Currency Exchange Covesting Introduces First Stage of Fiat Gateway & Cryptocurrency Converter

Covesting, a cryptocurrency exchange and trading platform, announced on Monday it has introduced the first stage of its fiat gateway and cryptocurrency converter. According to Covesting, EUR deposits through wire transfer are now available, with additional options for fiat deposits/withdrawals as well as the buying and selling of cryptocurrencies will be… Read More

Hedera Hashgraph Has Raised $124 Million. It’s All Held in Fiat too.

The collapse of the crypto market (bear market, crypto winter, whatever you want to call it) has kneecapped a lot of aspiring blockchain based projects that were not savvy enough to hedge their own crypto bets. Hedera Hashgraph is not one of them though. Hedera… Read More

Switzerland: Falcon Private Bank Offers Direct Transfers to Crypto

Falcon Private Bank says it is the first Swiss private bank to enable direct transfers of several cryptocurrencies for both private and institutional clients. According to a release from the firm, clients may now transfer to and from segregated Falcon wallets, Bitcoin, Bitcoin Cash, Ether,… Read More

Update: UK Bike Retailer Velorution Surpasses £500,000 Through Latest Seedrs Round

UK-based bicycle retailer Velorution has successfully secured more than £500,000 through its latest equity crowdfunding campaign on Seedrs. The round, which was launched last month and originally seeking £400,000, comes just two years after Velorution raised £625,744 through its first Seedrs initiative. As previously reported, Velorution describes itself as one… Read More

Fintech Sandboxes & Innovation Hubs: European Report Outlines What’s Working Now

A joint report by the European Securities Markets Authority (ESMA), the European Banking Authority (EBA), and the European Insurance and Occupational Pensions Authority (EIOPA), addresses the topic of Fintech Sandboxes, the approach by regulators to partner with emerging Fintech firms by creating a safe place… Read More

Securitize Joins IBM Blockchain Accelerator Program to Modernize Debt Market Using Blockchain Technology

Securitize, a platform that facilitates security token offerings, announced on Monday has been selected to join the IBM Blockchain Accelerator program as it works to modernize a portion of the $82 trillion corporate debt market using blockchain technology. Founded in 2017, Securitize describes itself as a… Read More

Norwegian Fingerprint Payment Startup Zwipe Secures $14 Million in New Shares on Merkus Market Oslo Børs

Zwipe, a Norway-based fingerprint payment startup, announced on Monday it secured NOK 120 million (USD 14 million) in the offering of new shares ahead of a planned admission to trading on Merkur Market, Oslo Børs. Founded in 2009, Zwipe describes itself as a biometric tech startup that… Read More

Japan: Financial Services Authority Approves Crypto Garage for Fintech Sandbox, the First Blockchain and Finance Project Authorized

Crypto Garage has accepted into the Japanese Financial Services Authority (FSA) Fintech Sandbox program. This is the first blockchain and finance project authorized by the Sandbox. The FSA announced the news in a release which was followed by a post by the parent company of… Read More

Virtual Currency Payment Provider Coinify Now Accepting BitcoinSV

Coinify, a UK-based virtual currency payment platform, announced on Monday it is now accepting BitcoinSV (BSV). According to Coinify, BSV is the only cryptocurrency that has proven scalability of huge transaction volumes, vital to the success of mass adoption. Speaking about accepting the crypto, Coinify’s CEO and co-founder,… Read More


Property Partner Launches “Opportunistic Fund” to Pursue Motivated Sellers in Cooling UK Housing Market

The once red-hot UK property market has cooled a bit. As Brexit fears persist, London property prices have declined dramatically from their peak more than a year ago. Headlines have done little to assuage concerns with one recent publication claiming housing sales are facing the worst… Read More

Wirecard Issues Multi-Currency Visa Card For Currency Exchange United Money

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it has partnered with Chinese currency exchanger United Money to issue a multi-currency Visa card.  Wirecard reported that the card, Travel Cashcard, is an ideal alternative to traveler’s checks and cash. The card is notably… Read More

Revolut Experiences Embarrassing App Failure that Leaves Some Customers Hanging

Digital bank Revolut experienced an App failure yesterday that left some customers hanging, according to a thread on Twitter. The embarrassing fail comes a bit over a month after Revolut announced the company had received a long-anticipated banking license. Revolut took to Twitter to respond… Read More

Fintech Business Lender MarketInvoice Nabs £26M in Series-B Round Led by Barclays & Santander InnoVentures

UK fintech business lender MarketInvoice has raised £26M in new equity funding during a Series-B funding round led by Barclays and Santander’s $200M fintech fund InnoVentures with significant participation from European venture fund Northzone, an existing investor in the company. Technology credit fund Viola Credit, who… Read More

Digital Brands Group: DSTLD Transatlantic Crowdfunding Round Closes at $3.2 Million , Plans IPO on AIM for March

Digital Brands Group (DGB), a “digital-first clothing & lifestyle brands” best known for DSTLD, has closed on its most recent securities crowdfunding round. DSTLD / DGB raised $2.234 million in a transatlantic investment offering. US based SeedInvest leveraged its ongoing relationship with UK based Crowdcube to… Read More

Asia-Pacific Fintech Network Debuts: Seeks to Encourage Cross-Border Innovation

Asia-Pacific Fintech Network, a new network created by fintech associations from across the Asia-Pacific region, has officially launched to encourage cross-border innovation. The organization was created by nine associations that signed a Statement of Intent at the Asian Financial Forum event in Hong Kong.  The participants… Read More

Overfunding: Sourdough Pizza Brand Three Joes Secures £400,000 Funding Target on Crowdcube

Three Joes, a UK-based sourdough pizza restaurant chain, has successfully secured its initial £400,000 funding target on equity crowdfunding platform Crowdcube. The company reported it opened a pilot Three Joes sourdough pizzeria in Farnham, Hampshire in August 2017 and then approved the concept of its second… Read More

Executive Committee of the Saudi-Emirati Coordination Council Holds First Meeting; Announces Launch of Saudi-Emirati Pilot Cryptocurrency

The Executive Committee of the Saudi-Emirati Coordination Council reportedly held its first meeting in Abu Dhabi with the participation of all 16 members from both sides to follow up on the execution of the joint initiatives outlined in the Strategy of Resolve. According to UAE’s… Read More

Blackmoon Partners With Dr. Werner & Partner to Create New ETx

Blockchain fintech company, Blackmoon, announced last week it has formed a new partnership with Dr. Werner & Partner, a network of attorneys, experts for international compliance and international tax law, to create a branded Exchange Traded Index (ETx). This news comes just days after Blackmoon announced its… Read More

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