April 6, 2018 @ 7:18 am By JD Alois  |  

In Finland, investments into startups has hit a record high of €349 million. A report provided by the Finnish Business Angels Network (FiBAN) and the Finnish Venture Capital Association (FVCA) provide the data on the rise in backing early stage Finnish firms. According to the… Read More

April 6, 2018 @ 5:44 am By JD Alois  |  

Templum, Inc., Fintech company focused on the trading of digital assets, has obtained the necessary regulatory approval to purchase Liquid M Capital.  The broker dealer and Alternative Trading System (ATS) will now operate as Templum Markets, LLC, a wholly owned subsidiary of Templum.  The company… Read More

April 6, 2018 @ 3:56 am By JD Alois  |  

The Securities and Exchange Commission filed an “Order Instituting Proceedings” to determine if they should approve the listing of shares of the GraniteShares Bitcoin ETF and the GraniteShares Short Bitcoin ETF on the CBOE BZX Exchange. This is similar to a process that was initiated last… Read More

April 6, 2018 @ 3:31 am By JD Alois  |  

LATTICE80 announced the world’s largest Fintech Hub in Singapore with great fanfare at the end of 2016. The Singapore hub was housing almost 100 Fintech startups at one point. Expectations were to open 10 more hubs globally housing a thousand Fintech focused startups. Today, the… Read More

April 5, 2018 @ 1:00 pm By JD Alois  |  

My Big Coin (MBC) was hit with an enforcement action by the Commodity Futures Trading Commission (CFTC) back in January of this year. The CFTC alleged, among other things, that MBC’s initial coin offering represented to investors as being actively traded on cryptocurrency exchanges when in fact… Read More

April 5, 2018 @ 7:29 am By JD Alois  |  

CoinList, an initial coin offering (ICO) platform for accredited investors and quality Blockchain projects, has announced a $9.2 million Series A funding round. CoinList previously raised funding from VC Accomplice and Protocol Labs, a research, development and deployment lab for network protocols. This additional funding… Read More

April 5, 2018 @ 6:11 am By JD Alois  |  

Fundamental Capital, based in Germany, is an online asset manager specializing in using algorithms to help individuals invest in securities. Today, the Robo-advisor has announced that IOB , a US based crypto focused VC, has invested in the platform. IOB seeks to back regulated and… Read More

April 5, 2018 @ 5:52 am By JD Alois  |  

Crowd2Fund says it is experiencing “exponential growth” in the tax year ending 5 April 2018. Having completed its second full year of operating the Innovative Finance ISA (IFISA), Crowd2Fund says the amount of IFISA funds held on the platform increasing 83% year-on-year by the end… Read More

April 5, 2018 @ 5:17 am By JD Alois  |  

Verge Currency (XVG) has been hacked and to deal with the attack the company is implementing a fork in the code. There is a thread on BitcoinTalk that apparently outlines the attack. OCMiner explains: Due to several bugs in the XVG code, you can exploit… Read More

April 5, 2018 @ 4:06 am By JD Alois  |  

The Cords & Co. team has recently launched their crowdfunding campaign on FundedByMe calling it “a dream come true”. Founded by Mikael Söderlindh and Viktor Tell in 2016, the founders are described as some of the most successful Swedish entrepreneurs within the tech and fashion… Read More

April 4, 2018 @ 12:00 pm By JD Alois  |  

  Last month, the TMX Group (the operator of the Toronto Stock Exchange) announced that its subsidiary, Shorcan Digital Currency Network, will be working with Paycase Financial to launch a new cryptocurrency brokerage service initially focused on Bitcoin and Ether. Shorcan DCN is expected to launch… Read More

April 4, 2018 @ 3:04 am By JD Alois  |  

Sweden recently published a report on domestic growth of crowdfunding. Daniel Daboczy, CEO and co-founder of FundedByMe based in Sweden, commented; “It’s good to finally have the Ministry of Finance’s proposal written down on 549 pages, where they clearly take a stand on crowdfunding.” According to… Read More

April 3, 2018 @ 6:16 pm By JD Alois  |  

Zilliqa has Released their public testnet of a Blockchain that deals with the technology’s biggest hurdle: the ability to scale and serve the demands of global financial institutions. Zilliqa uses a technique called sharding that apparently can enable their Blockchain to hit transaction speeds similar… Read More

April 3, 2018 @ 4:57 pm By JD Alois  |  

Audi is looking into migrating to Blockchain based operation, according to a report in Produktion, a publication that focuses on technology for industry in Germany.  The report states that a team of representatives from various business areas such as Finance, Production and Logistics, and IT,… Read More

April 3, 2018 @ 1:06 pm By JD Alois  |  

So what is it with boxers and bogus initial coin offerings? The Securities and Exchange Commission (SEC) has filed a complaint alleging securities fraud with another ICO. This time it is Centra Tech, the creation of Sohrab “Sam” Sharma and Robert Farkas. The ICO reportedly… Read More

April 3, 2018 @ 9:00 am By JD Alois  |  

Sagewise says that more than $500 million was lost in Smart Contracts that ended up being not so smart during 2017. While everyone wants to believe in a “trustless” digital society that is not always the case. To better manage this issue, Sagewise has launched… Read More

April 3, 2018 @ 5:40 am By JD Alois  |  

The SEC has charged the founder of Mozido, Michael Liberty, as operating a Fintech scam. Liberty, along with his accomplices, allegedly stole the bulk of $48 million they raised. The money was apparently used to fund a posh lifestyle that included private jet flights, mansions,… Read More

April 2, 2018 @ 12:50 pm By JD Alois  |  

Telegram or TON Issuer, has filed a new Form D with the Securities and Exchange Commission that indicates $1.7 will be (or has been) raised for one of the hottest initial coin offerings ever. According to the Reg D 506c offering document; “This $850,000,000 offering… Read More

April 2, 2018 @ 11:44 am By JD Alois  |  

The Monetary Authority of Singapore (MAS) has announced that it is working with key financial industry stakeholders to develop a guide to promote the responsible and ethical use of artificial intelligence (AI) and data analytics by financial institutions. The discussion on deep data and who… Read More

April 1, 2018 @ 8:40 am By JD Alois  |  

CBOE Global Markets, operator of the Chicago Board Options Exchange – the largest U.S. options exchange, has sent a letter to the Securities and Exchange Commission (SEC) encouraging the regulator to move forward with cryptocurrency based Exchange Traded Funds (ETFs) or Exchange Traded Products (ETPs). CBOE… Read More