September 6, 2022 @ 3:55 pm By JD Alois  |  

StartEngine, one of the largest investment crowdfunding platforms in the US, says it had its largest week ever for raising money on its platform. According to an email, StartEngine raised $10.6 million topping its previous high water mark by $600,000. The previous high took place… Read More

September 6, 2022 @ 3:44 pm By JD Alois  |  

Top Latin American crypto exchange Bitso is collaborating with Africhange, an African-Canadian remittance platform that aims to enable payments cross-border from Canada to Mexico. According to a corporate statement, Africhange first focused on transfers between Canada and Nigeria – having processed around CAD 70 million…. Read More

September 6, 2022 @ 3:33 pm By JD Alois  |  

EnergyFunders has launched a new fund, Yield Fund II. EnergyFunders previously listed Yield Fund I which reportedly raised the most of any offerings on the platform to date. EnergyFunders is an energy-related investment platform that has also entered into the crypto mining sector – which… Read More

September 6, 2022 @ 3:10 pm By JD Alois  |  

Inswitch has partnered with Binance Pay to “improve their fintech solutions and offer Binance Pay to all merchants in Latin America.” Inswitch is an embedded Fintech platform aiming to help financial services provides to quickly provide digital offeerings. Binance Pay, part of Binance, is crypto… Read More

September 6, 2022 @ 12:18 pm By JD Alois  |  

Binance has cut loose competing stablecoins including USDC, USDP (Paxos), and TUSD (TrueUSD). USDC, issued by Circle is the second largest dollar-based stablecoin after USDT (Tether) and may receive the brunt of the change. In a corporate statement, Binance said it would “auto-convert” these stablecoins… Read More

September 6, 2022 @ 11:57 am By JD Alois  |  

The Securities and Exchange Commission (SEC), Investor Advisory Committee (IAC) has scheduled a meeting for September 21st. According to the Sunshine Act Notice, the IAC will be discussing Climate Disclosure along with a recommendation made by the Committee. Currently, the SEC is proposing new rules… Read More

September 6, 2022 @ 11:43 am By JD Alois  |  

Beeline is raising growth capital on Seedrs – seeking £1 million. As of today, Beeline has raised over £800,000 and is well on its way to achieving its funding objective. According to the offering page, Beeline is raising equity capital at a pre-money valuation of… Read More

September 6, 2022 @ 9:23 am By JD Alois  |  

Credix, a Brazilian Fintech, has raised $11.25 million in Series A funding, according to a corporate statement. The Credix funding round was led by Motive Partners’ Early Stage fund and ParaFi Capital. Other investors include Valor Capital Group, Victory Park Capital, MGG Investment Group, Circle… Read More

September 5, 2022 @ 5:03 pm By JD Alois  |  

Robocash Group says that online lending, savings deposits and mobile payments and transfers, are the most promising sectors of Fintech in the Philippines. Robocash is based in Europe but in recent years has expanded in Asia. Robocash Group operates in the Philippines through the online… Read More

September 5, 2022 @ 4:39 pm By JD Alois  |  

Open Banking Europe and Open Banking Exchange have combined to form a single group in pursuit of the benefits of open banking (open finance) technology. According to a statement from the new group, “subject matter experts and advisors to regulators, self-regulated organizations (SROs) and national… Read More

September 5, 2022 @ 11:59 am By JD Alois  |  

Niftify has announced the launch of its NFT no code store and marketplace platform following the launch of its NFT marketplace last November. Niftify reports “hundreds” of businesses on their waiting list as it allows anyone to create and operate an NFT store and marketplace… Read More

September 5, 2022 @ 11:36 am By JD Alois  |  

Raftt, has raised a seed round of $5 Million. The funding was led by Aleph VC and Cardumen Capital. Raftt shared that a number of private investors participated in the round, including Ariel Maislos and Benny Schneider, Devtools angel investors; Adi Sharabani, founder of Skycure… Read More

September 3, 2022 @ 3:44 pm By JD Alois  |  

The Blockchain Association posted a series of tweets last week critizing pending legislation they believe will undermine the digital asset ecosystem in California. The Association claims that State Assembly Bill A.B. 2269 is “shortsighted” creating “unhelpful restrictions that would impede crypto innovators’ ability to operate.”… Read More

September 2, 2022 @ 3:32 pm By JD Alois  |  

Celsius Network has emerged as another emblematic platform reflecting the hubris of certain crypto firms in promising more than they can actually deliver. Celsius collapsed into Chapter 11 bankruptcy during a time of dramatic volatility, catalyzed by the collapse of TerraUSD, a stablecoin that ended… Read More

September 2, 2022 @ 1:12 pm By JD Alois  |  

Sberbank Switzerland, part of one of the largest banks in Russia, is being sold while planning a name change. Sberbank has been impacted by the sanctions applied to the Russian regime due to its unprovoked invasion of Ukraine. Sberbank is partly owned by the government… Read More

September 2, 2022 @ 1:01 pm By JD Alois  |  

FTX US Derivatives has added former CFTC Commissioner Jill Sommers to the Company’s Board of Directors. FTX US Derivatives previously operated as LedgerX, which was acquired by the company in 2021. Regulated by the CFTC, the company provides a digital currency futures and options exchange… Read More

September 2, 2022 @ 10:52 am By JD Alois  |  

The province of Cuyo in Argentina is allowing citizens to pay their taxes using stablecoins, according to a report in Clarin. Quoting the General  Director of the tax authority (Mendoza Tax Administration or ATM), Nicolás Chávez, the service is enabled by new technology included with… Read More

September 2, 2022 @ 10:15 am By JD Alois  |  

BlackFog, a global cyber security firm, has published a report on global ransomware that indicates August was the second-highest month of all time for cyber ransom-driven attacks. The report states: “In August, we recorded 39 ransomware attacks, the second highest month we’ve ever recorded. Healthcare… Read More

September 1, 2022 @ 11:41 pm By JD Alois  |  

TiPJAR, a tipping platform that is cashless, is returning to raise money once gain in a securities crowdfunding offering. TiPJAR has previously raised growth capital on Crowdcube in the past and is returning to the platform. In 2021, TiPJAR raised £1.39 million from 1117 investors… Read More

September 1, 2022 @ 9:57 pm By JD Alois  |  

This week, the Subcommittee on Economic and Consumer Policy, part of the House Oversight Committee, sent a letter addressing crypto scams and fraud to five crypto exchanges as well as several federal agencies. The crypto exchanges include: FTX, Binance.US, Coinbase, Kraken and KuCoin – some… Read More