August 20, 2024 @ 3:09 pm By JD Alois  |  

bettervest GmbH, a mission-driven online capital formation platform, is raising money on Crowdcube. Based in Germany, bettervest focuses on funding projects in the sustainability sector. According to the offering page, bettervest is looking to raise €200,000 at a pre-money valuation of €6 million. To date,… Read More

August 20, 2024 @ 11:45 am By JD Alois  |  

According to the UK Payment Systems Regulator (PSR), in 2023, approximately 4.5 billion transactions were made using the Faster Payments system. At the same time, over 252,626 cases of APP Fraud (APPF or authorized push payment fraud) were reported, totaling around £341 million. Other reports… Read More

August 20, 2024 @ 9:22 am By JD Alois  |  

Upvest and Deutsche Bank have announced a partnership. Under the partnership, Upvest will gain access to the global bank for multiple services. Upvest is a Fintechs in Europe that provides B2B clients with a range of investment opportunities in the areas of principal broking business,… Read More

August 20, 2024 @ 9:01 am By JD Alois  |  

In the UK there are several tax exemptions which may be available for individual investors to mitigate risk and reduce taxes paid on any return. SEIS, or Seed Enterprise Investment Scheme, is a powerful incentive for investors to support entrepreneurs and boost the UK innovation… Read More

August 19, 2024 @ 3:47 pm By JD Alois  |  

Perhaps the most anti-crypto official in the Biden Adminstration may emerge as the US Secretary of Treasury if Vice President Kamala Harris is elected President. This is according to multiple reports that SEC Chairman Gary Gensler is being considered for the powerful position.   BREAKING:… Read More

August 19, 2024 @ 3:29 pm By JD Alois  |  

Perhaps it was a head fake? Recently, it was reported that the Democrat Party was attempting to repair the bridges destroyed by the Biden Administration regarding digital asset innovation and the entrepreneurs in this industry. President Joe Biden has been determinably anti-crypto, thus driving this sector… Read More

August 19, 2024 @ 11:53 am By JD Alois  |  

Gate Ventures, part of Gate.io, and the Blockchain Center in Abu Dhabi have announced a collaboration on a $100 million fund to support early-stage blockchain firms. The new fund, Falcon Gate Ventures, is on a mission to drive blockchain innovation on a global scale. Abdulla… Read More

August 19, 2024 @ 11:20 am By JD Alois  |  

Platonic has announced the launch of a decentralized tokenization platform. According to a company statement, Platonic offers the “tokenization of a wide range of assets.” Violet Abtahi, founder and CEO of Platonic, said their vision is to provide a fresh take on tokenization and disrupt… Read More

August 19, 2024 @ 11:10 am By JD Alois  |  

CoinShares Head of Research James Butterfill has shared some insight into institutional holdings of crypto ETFs – Bitcoin based funds. Butterfill has reviewed all of the all the Bitcoin ETF filing data and looked at prior filings in March to see how positions have changed…. Read More

August 19, 2024 @ 10:55 am By JD Alois  |  

Legendary investor Carl Icahn has been charged by the Securities and Exchange Commission (SEC) with failure to disclose the use of company’s securities being pledged for personal loans. The SEC states that the outstanding principal amounts of the individual loans ranged from $150 million to… Read More

August 19, 2024 @ 8:48 am By JD Alois  |  

Minnadeooyasan-Hanbai (MOH Nippon) (LSE: MOH)has joined the London Stock Exchange (LSE) via a reverse  merger. According to a note from the company, Minnadeooyasan-Hanbai is the first Japanese firm to trade on the main market of the LSE in over 20 years. The company has changed… Read More

August 19, 2024 @ 7:26 am By JD Alois  |  

Real estate investment platform CapitalRise is reporting a record breaking month as July originated almost £50 million in loans (£49.4 million). At the same time, CapitalRise said that it has now surpassed £400 million in total loan originations. CapitalRise is a specialist property financing provider… Read More

August 16, 2024 @ 1:31 pm By JD Alois  |  

The Securities and Exchange Commission has posted a Notice of Withdrawal of Proposed Rule Change to Amend ISE Options. Specifically, the NASDAQ has pulled its request to allow the exchange to list and trade options on units that represent interests in a trust that holds… Read More

August 16, 2024 @ 10:31 am By JD Alois  |  

A Canada based crypto trading platform has pilfered $13 million from its users. According to a statement issued by the British Columbia Securities Commission (BSC), the exchange in question took the money from its customers and used it for gambling. The trading platform in question… Read More

August 16, 2024 @ 9:55 am By JD Alois  |  

European investing App Peaks has raised €1.38 Million on Republic Europe topping its initial goal of €1,000,000. According to the offering page, Peaks was selling equity at a pre-money valuation of €52 million. Investors in the securities offering numbered 2128, aquiring a 2.55% equity stake… Read More

August 16, 2024 @ 8:20 am By JD Alois  |  

Following the announcement that Apple (NASDAQ:AAPL) will open up its NFC ecosystem to outside payments providers, UK Fintech Curve has announced its intent to join the giant tech firm’s platform. Curve CEO and founder Shachar Bialick has issued the following statement: “We welcome Apple’s latest announcement,… Read More

August 15, 2024 @ 4:44 pm By JD Alois  |  

Bitso, a top crypto exchange operating in Latin America, has enlisted the services of Coincover to protect user assets from hacks and more. According to Bitso, Coincover will provide protection  against thefts and lost access thus providing a higher degree of safety for its account… Read More

August 15, 2024 @ 9:59 am By JD Alois  |  

Core banking provider 10X Banking and LTIindree, a consulting firm, have announced a global partnership. According to a statement issued by the two firms, the partnership aims to fuel the utilization of the core banking product. LTIMindtree has set up a new global practice of… Read More

August 15, 2024 @ 6:27 am By JD Alois  |  

The Securities and Exchange Commission has penalized 26 broker-dealers, and investment advisers, for “widespread and longstanding failures by the firms and their personnel to maintain and preserve electronic communications.” The 26 firms have settled the matter by acknowledging their shortcomings and have agreed to pay… Read More

August 14, 2024 @ 2:15 pm By JD Alois  |  

As Apple (NASDAQ:AAPL) will soon open payments on their iPhone to third parties, stablecoin issuer Circle says it will soon compete with other traditional payment providers. According to Apple, in-app, NFC transactions will be opened to developers with the release of iOS 18.1. “APIs, developers… Read More