JD Alois

MAS Regulated Peer to Peer Lender Crowd Genie Announces Initial Coin Offering

Crowd Genie Financial Services Pte Ltd, regulated by the Monetary Authority of Singapore (MAS), has announced an initial coin offering (ICO) via their related entity CGSPV Pte. Ltd. The peer to peer lender states that it intends on issuing 60 million Crowd Genie Coins, or… Read More

Banco BNI Europa and Funding Circle Form Partnership to Provide Financing to German SMEs

Banco BNI Europa and Funding Circle have entered into a partnership to provide access to capital for small and medium-sized businesses in Germany, according to the bank. Banco BNI Europa is a digital challenger bank based in Portugal. As part of the agreement, Banco BNI… Read More

FinTech Australia Tells Aussie Government it is Time to Act on Legislation to Empower Private Company Equity Crowdfunding

Australia enacted new crowdfunding regulation (Crowd-sourced funding) in 2017 but left a gaping shortcoming  in the new rules. For some obtuse reason, only unlisted public companies may crowdfund up to $5 million under current law. The vast majority of SME businesses in Australia are private companies thus… Read More

OurCrowd Has Raised $650 Million for 145 Startups, On Track to Surpass $1 Billion in 2018

OurCrowd, a leading global equity crowdfunding platform, has announced detailed results of its platform performance as it prepares for its annual OurCrowd Summit, an event that expects over 10,000 participants from around the world.  The Israel-based investment platform shared that, to date, OurCrowd has raised… Read More

KODAKCoin ICO Moves into Accredited Investor Stage, Warns of Bogus KODAKCoin ICO Websites & Facebook Pages

One of the most anticipated initial coin offerings (ICO) in 2018, Kodak and its KODAKCoin security token has shared more than 40,000 potential investors have expressed interest in participating in the funding round. KODAKCoin is now moving to the “accredited investor verification phase” where individuals… Read More

Slam the Brakes: SEC Halts AriseBank Initial Coin Offering that Claimed to Have Raised $600 Million, ICO Pumped by Boxing Champ Evander Holyfield

The Securities and Exchange Commission (SEC) has slammed the brakes on another initial coin offering (ICO) that flouted established securities laws. The SEC obtained a court order halting the AriseBank ICO that targeted retail investors to invest in the “world’s first decentralized bank. AriseCoin’s public… Read More

Is Bitcoin Broken Beyond All Repair?

The creation of Bitcoin, along with the Blockchain technology that enabled the digital currency, was a revolutionary act that has changed the world of finance forever. Originally envisioned as a transactional digital currency, Bitcoin has evolved more into an investment, or vehicle to speculate, due… Read More

Nissan Partners with AutoGravity on Auto Financing

Nissan Motor Acceptance Corporation (NMAC) has formed a partnership with Fintech AutoGravity. Consumers looking to purchase a Nissan may access retail and lease pre-approval offers through their smartphones using the AutoGravity App. NMAC said with this collaboration, consumers will be able to select any Nissan vehicle… Read More

SelfKey Pauses Airdrop to Address “Community Concern” Over Private Key Usage

The SelfKey token Airdop has pushed pause as some users have expressed concern over the private key usage in the SelfKey wallet. SelfKey announced they were pausing the Airdrop in order to address this community concern. SelfKey is a Blockchain based digital identity system that allows… Read More

First Waves ICO of 2018, Simdaq, Hits Hard Cap in Just 28 Hours

Waves has announced that the Simdaq initial coin offering (ICO) has hit its hard cap in just 28 hours. The partnership with the Waves Lab incubator helped Simdaq raise $5 million in a bit over a day. Simdaq wants to democratize crypto trading by sharing insights… Read More

R3 Partners with Evernym on Identity Management for Financial Services

R3, a bespoke distributed ledger technology (DLT) provider that is working with over 100 financial institutions,  has formed a partnership with Evernym to apply self-sovereign identity to financial services. R3 seeks to create a standardized financial service focused DLT. R3 was the genesis of frustration amongst banks… Read More

DPW Holdings to Launch Network of Cryptocurrency ATMs

DPW Holdings, (NYSE: DPW), has announced that its subsidiary, Digital Power Lending, LLC will launch a network of cryptocurrency ATMs that will allow for the purchase and sale of cryptocurrencies along with cash withdrawals. The company said the first ATMs will be installed in 5… Read More

OTCMarkets: Number One Company in 2017 was Bitcoin Investment Trust

OTC Markets Group, an ATS that lists 10,000 U.S. and global securities, has shared their 2018 OTCQX Best 50, a ranking of top performing OTCQX companies in 2017.  This annual ranking of the top 50 U.S. and international companies traded on the OTCQX Best Market is… Read More

The National Internet Finance Association of China Warns Against Overseas Cryptocurrency Trading

The National Internet Finance Association of China has issued another cautionary note on trading in cryptocurrencies. This one is related to individuals who attempt to skirt the ban by trading on overseas platforms or by utilizing other surreptitious methods. Before the ban, Chinese trading in… Read More

Canabis Company True Leaf Raises $14 Million in Cross Border US – Canada Crowdfunding Offer

This past week, True Leaf Medicine International Ltd. (CSE: MJ) (FSE: TLA) (OTCQB: TRLFF), announced it had closed on CDN $14 million in a cross border crowdfunding offer that saw participants by investors in both the US and Canada. True Leaf raised CND $10 million… Read More

IOTA to be Used in the Netherlands to Validate Identification Process

In the Netherlands, there are times when you need to verify your identity at the local municipality. This is similar to many other countries around there world and many readers will commiserate as having to go through the laborious process of showing up to office… Read More

Blockchain Industry Leaders Launch Digital Asset Leadership Committee to Help Guide Emerging Industry

A group of cryptocurrency / Blockchain thought leaders have created a new group seeking to help guide the fast growing digital currency market. Announced at the Digital Assets Investment Forum (DAIF) held in New York City this month, the Digital Asset Leadership Committee (DALC) believes… Read More

Following $523 Million Hack, Coincheck Announces it will Reimburse All Impacted Investors

Following the enormous theft of 523,000,000 XEM (NEM), Japan based cryptocurrency exchange Coincheck has announced it will reimburse all impacted investors. At current exchange rates, this means Coincheck will need to pay out over USD $523 million to the estimated 260,000 impacted users. At the time… Read More

Largest Cryptocurrency Exchange in Japan Hacked, Reports Indicate Over $500 Million Stolen from Coincheck [u]

Numerous reports are indicating leading cryptocurrency exchange Coincheck has experienced a serious security breach. Estimates indicate that over $530 million in digital currency may have been stolen or about 58 billion yen of the virtual currency. Coincheck, based in Tokyo, has reported the “illegal outflow… Read More

Jason Calacanis Slams Bitcoin, Says Leading Crypto “Could Go To Zero”

Prominent Silicon Valley investor Jason Calacanis visited with CNBC’s SquawkAlley this past week while enjoying some time in Davos, Switzerland. Last month, Calacanis told Squawk that Bitcoin is a bubble. This time, Calacanis said Bitcoin could go to zero and gave it a 1/3 chance… Read More

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