May 13, 2019 @ 12:00 pm By JD Alois  |  

HBUS, a US-based digital asset marketplace and part of the Huobi Group, says that crypto adoption is gaining momentum in the US. HBUS was launched in July of 2018 and is part of Singapore-based Huobi Group’s global expansion plans. HBUS surveyed 1067 US citizens during… Read More

May 13, 2019 @ 11:48 am By JD Alois  |  

Security token platform Polymath has formed a new partnership with Ethereum and Cardano co-founder Charles Hoskinson to launch a targeted security token blockchain. The news was revealed today during a presentation at Consensus. Polymath Co-Founder Trevor Koverko joined Hoskinson on stage to make the announcement…. Read More

May 13, 2019 @ 11:31 am By JD Alois  |  

Zebra Medical Vision, a medical imaging analytics company, has received FDA 510(k) clearance for “HealthPNX – an AI alert for pneumothorax (PNX), based on chest X-rays.” Zebra is an OurCrowd portfolio company. Pneumothorax is described as a condition in which there is an accumulation of… Read More

May 13, 2019 @ 10:03 am By JD Alois  |  

Greensill, a working capital provider, has received an $800 million investment from the SoftBank Vision Fund, according to a release from the firm. Greensill said the investment “underscores the value of working capital finance as the most advanced means of providing low-cost capital to companies… Read More

May 13, 2019 @ 9:46 am By JD Alois  |  

Prime Trust, a custody and escrow service for both traditional and crypto assets, has recently updated their site along with an interesting comparison regarding their PrimeX service. PrimeX is an API service that allows you to transfer any asset between a PrimeTrust account and any… Read More

May 13, 2019 @ 9:22 am By JD Alois  |  

Earlier today, KAYA, the native token issued by LATTICE80, was delisted by COSS.io. In February, LATTICE 80 reported that it had “finished the ICO round 2 with $52 million committed” and planned a 3rd round. The Business Times reported that Rune Evensen, CEO of COSS.io,… Read More

May 12, 2019 @ 6:53 pm By JD Alois  |  

The United Kingdom has long been a global leader in financial innovation. Of course, London holds a long history as a prominent financial center for both Europe and the world. This established base has combined with a strong entrepreneurial spirit and access to capital to… Read More

May 12, 2019 @ 2:53 pm By JD Alois  |  

On Friday, the Long Term Stock Exchange (LTSE) received good news from the Securities and Exchange Commission (SEC) as it was approved as a national securities exchange. The LTSE is the creation of Eric Ries, an entrepreneur, VC, and creator of the lean startup concept…. Read More

May 11, 2019 @ 10:49 am By JD Alois  |  

Michael Terpin, a prominent cryptocurrency advocate and founder of Marketwire, has won a whopping $75.8 million civil judgment against SIM Swap perp Nicholas Truglia, according to a report in Reuters referencing court documents.  In the theft, Terpin was fleeced of approximately $24 million in crypto… Read More

May 10, 2019 @ 2:22 pm By JD Alois  |  

What do Goldman Sachs, Morgan Stanley, ‘Jay Z’, Jeff Bezos, Softbank, Tencent, Axel Springer, and OurCrowd all have in common? They all invested in Uber before it went public today (May 10, 2019). Where OurCrowd stands out from the pack is the fact that OurCrowd… Read More

May 10, 2019 @ 10:27 am By JD Alois  |  

GTR Ventures has taken an equity stake in supply chain management and finance platform Octet Europe. Details on the investment were not disclosed. GTR Ventures has offices in both Singapore and London and this is their 10th Fintech focused investment but first in Europe. Octet… Read More

May 10, 2019 @ 9:22 am By JD Alois  |  

The Founders Bank has appointed Kenan Altunis as Chief Executive Officer. Altunis was most recently Global Co-Head of the Institutional Client Group within Deutsche Bank’s Corporate and Investment Bank where he was responsible for a multibillion-dollar revenue operation and a team of over 1000 people…. Read More

May 10, 2019 @ 9:04 am By JD Alois  |  

Singapore based Huobi Global has announced the launch of Huobi Prime Lite, a launch platform for digital assets. As part of the launch, Huobi said that Prime Lite sold 33 million “Thunder Tokens” (TT), the native token of the ThunderCore project (Price Limit: 1 TT… Read More

May 9, 2019 @ 10:53 pm By JD Alois  |  

SEC Commissioner Hester Peirce has polished her pen once again with another thought-provoking speech addressing Fintech innovation and, more specifically, digital assets. Speaking at the Securities Enforcement Forum, East Palo Alto, California (by video), Peirce pointedly criticized the Commission for stifling the emergence of security… Read More

May 9, 2019 @ 10:01 pm By JD Alois  |  

The Financial Crimes Enforcement Network (FinCEN) has issued an updated advisory to warn financial institutions of continued widespread public corruption in Venezuela. This is part of an ongoing effort to isolate the Maduro regime who recently lost a popular election but has refused to leave… Read More

May 9, 2019 @ 9:40 pm By JD Alois  |  

The Financial Crimes Enforcement Network (FinCEN) today issued guidance entitled, Application of FinCEN’s Regulations to Certain Business Models Involving Convertible Virtual Currencies (CVC). FinCEN is the enforcement branch of the US Department of Treasury. The guidance issued today does not establish any new regulatory expectations…. Read More

May 9, 2019 @ 6:00 pm By JD Alois  |  

Earlier this week, the inaugural meeting of the Small Business Capital Formation Advisory Committee (SBCFAC) took place at the Securities and Exchange Commission (SEC) in Washington, DC. The new Committee brings together a diverse group of small business proponents including several Fintechs. Led by Martha… Read More

May 9, 2019 @ 4:12 pm By JD Alois  |  

Cap table and investor management platform Vertalo has formed a partnership with digital securities platform seriesOne.  Vertalo provides an on-chain investor on-boarding and cap table solution designed for broker-dealers seeking to offer digital asset solutions to their issuer clients. seriesOne enables digital security offerings by… Read More

May 9, 2019 @ 11:45 am By JD Alois  |  

The House Financial Services Committee under the leadership of Congresswoman Maxine Waters, Chairwoman of the Committee, has announced the creation of a Task Force on Financial Technology or Fintech and a Task Force on Artificial Intelligence (AI). These two specific topics have emerged in importance… Read More

May 9, 2019 @ 11:23 am By JD Alois  |  

A report in Yahoo Finance indicates that Marcus, Goldman Sachs’ digital only challenger bank, is doing quite well in the United Kingdom. Des McDaid, the Managing Director for Marcus in the UK, stated: “We’ve passed a quarter of a million customers and just over £8bn… Read More