December 29, 2023 @ 11:25 am By JD Alois  |  

Netcapital (NASDAQ: NCPL, NPCLW), a capital formation company that operates a Funding Portal, has raised $4 million in a share sale, according to a company statement. Netcapital has sold 16 million shares of common stock along with A-1 warrants to purchase an additional 16 million… Read More

December 29, 2023 @ 10:44 am By JD Alois  |  

The Digital Asset Anti Money Laundering Act (S. 2669) is pending legislation that aims to stymie bad actors’ use of crypto to cover their tracks. The bill was introduced by Senator Elizabeth Warren, a well-known digital asset skeptic. Warren sits on the Senate Banking Committee,… Read More

December 29, 2023 @ 9:05 am By JD Alois  |  

Barry Silbert, the founder of Grayscale, which is part of the Digital Currency Group (DCG), has resigned from his position as a board member of Grayscale. Grayscale is the sponsor of the Grayscale Bitcoin Trust (OTC:GBTC), an OTC markets traded vehicle that allows investors to… Read More

December 28, 2023 @ 3:39 pm By JD Alois  |  

Early-stage firms, especially startups, are very risky investments. In fact, in the real world, most of them fail. It is widely understood that between 80% to 90% of startups die, so only about 20% or so of early-stage firms survive. In venture capital investing, that’s… Read More

December 28, 2023 @ 12:18 pm By JD Alois  |  

The Innovation Nation. Israel remains one of the hottest entrepreneurial hubs in the world. The country has punched above its weight class for years now and is well known for being the launch pad of many successful tech startups. But 2023 has hit the country… Read More

December 28, 2023 @ 10:36 am By JD Alois  |  

  Revolut, a top digital bank based in the UK but operating around the world, has been approved to offer home loans. According to Fintech Lithuania, Revolut will start offering mortgages across the European Economic Area, first in Lithuania. The group describes the approval as… Read More

December 28, 2023 @ 9:53 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) Chief Executive Nikhil Rathi has issued a statement on the agency’s key achievements in the past couple of years. The update is part of a three-year strategy by the FCA to support financial services development while providing ample protection…. Read More

December 27, 2023 @ 2:17 pm By JD Alois  |  

Dalmore Group is a newer entry into the online capital formation world. A broker-dealer that specializes in exempt securities offerings, Dalmore leverages technology to help companies raise the money they need while allowing the company to maintain all of the data affiliated with the investment… Read More

December 27, 2023 @ 11:06 am By JD Alois  |  

Last November, OurCrowd announced the creation of the Israel Resilience Fund – launched following the terrorist attacks by Hamas. Israel is a top center of innovation and entrepreneurship, and OurCrowd is one of the leading investors in early-stage firms in Israel. The attacks upended the… Read More

December 27, 2023 @ 10:22 am By JD Alois  |  

SyndicateRoom, once an investment crowdfunding platform and now an early-stage fund offering, has distributed a note on its Access EIS fund and its activity during 2023. SyndicateRoom’s fund has been labeled as one of the most active early-stage funds in the UK. The fund is… Read More

December 27, 2023 @ 9:51 am By JD Alois  |  

The Hong Kong Monetary Authority (HKMA) has kicked off a public consultation on the issuance of stablecoins. Stablecoins are digital assets that are referenced to other assets. Typically affiliated with fiat currency, stablecoins may also be paired with other assets such as gold. Today, most… Read More

December 22, 2023 @ 1:41 pm By JD Alois  |  

Earlier this year, DealMaker announced that it was filing a lawsuit accusing Issuance, Crush Capital, and founder Darren Marble of misrepresenting a strategic collaboration to conduct offerings. After the lawsuit was announced, Marble denied any misdeeds on his part, stating the allegations were without merit…. Read More

December 22, 2023 @ 11:48 am By JD Alois  |  

The Securities and Exchange Commission has settled charges with BarnBridge DAO and its two founders, BarnBridge DAO Troy Murray and Tyler Ward, according to a statement by the Commission. Barnbreige will pay approximately $1.7 million in a penalty regarding allegations that Smart Yield Bonds, a digital… Read More

December 20, 2023 @ 11:45 am By JD Alois  |  

IOSCO (International Organization of Securities Commissions) has shared its opinion on DeFi, or decentralized finance, by providing nine policy recommendations for regulation. DeFi is an approach to using technology to remove a central counterpart to manage transactions and services. Some blockchain proponents believe this is… Read More

December 20, 2023 @ 9:00 am By JD Alois  |  

Even during the profound challenges taking place in Israel and the war in Gaza, OurCrowd continues to operate and provide services to its customers. Following the start of the war, OurCrowd announced the Israel Resilience Fund, and today, it is announcing the first close of… Read More

December 19, 2023 @ 4:26 pm By JD Alois  |  

Amsterdam-based digital bank bunq has claimed the title as the first “AI powered bank in Europe.” bunq says it is the second-largest digital bank in Europe. Today, the Fintech announced “Finn” a new GenAI platform that is available to all its customers. The AI powered… Read More

December 19, 2023 @ 8:42 am By JD Alois  |  

Coinbase (NASDAQ:COIN) may be the largest crypto exchange in the US but its ambitions are global – and with Binance on the decline – its chances are growing According to an X from yesterday, Coinbase says it now can accept fiat currency from over 130… Read More

December 18, 2023 @ 7:17 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) states that the court deciding the case against Binance and its founder Changpeng “CZ” Zhao has formalized the settlement of a $150 million civil monetary penalty personally against Zhao, and Binance to disgorge $1.35 billion of “ill-gotten” transaction fees… Read More

December 18, 2023 @ 5:46 pm By JD Alois  |  

Circle, the second largest dollar stablecoin issuer with USDC, has posted a case study on a partnership with Lemon – a crypto exchange in Argentina. Typically, stablecoins are mostly used as on/off ramps for digital assets. Stablecoins are largely digital representations of fiat but can… Read More

December 18, 2023 @ 1:33 pm By JD Alois  |  

As expected, Coinbase (NASDAQ:COIN) has filed a response to the Securities and Exchange Commission’s (SEC) decision to deny the Petition for Rulemaking commenced July of 2022 by the crypto exchange. The SEC issued a statement on the request for rulemaking this past Friday. Coinbase is… Read More