February 26, 2025 @ 10:38 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has apparently closed another investigation pursuing a digital asset entity.  According to Uniswap Labs, the SEC has given notice that it will close the action after the multi-year investigation into its activities. Uniswap received a Wells Notice in the… Read More

February 26, 2025 @ 9:40 am By JD Alois  |  

The Capital Markets Subcommittee, part of the House Financial Services Committee, is holding a hearing today (February 26, 2025) at 10 AM ET. Entitled The Future of American Capital: Strengthening Public and Private Markets by Increasing Investor Access and Facilitating Capital Formation, the hearing will address… Read More

February 25, 2025 @ 4:04 pm By JD Alois  |  

Canada has struggled in recent years due to a moribund economy, high taxes, and expensive housing. While political changes are just down the road, for most people a change in government cannot come soon enough. Perhaps in response to a challenging economic environment, Canadians are… Read More

February 25, 2025 @ 1:21 pm By JD Alois  |  

Crowdfund Capital Advisors (CCA) has published a report updating readers on the status of securities crowdfunding. The founders of CCA were deeply involved in the creation of the JOBS Act of 2012, the legislation that legalized online capital formation with three different securities exemptions. Since… Read More

February 25, 2025 @ 10:37 am By JD Alois  |  

DealMaker founder and CEO Rebecca Kacaba is scheduled to testify this week in front of the Capital Markets Subcommittee, part of the House Financial Services Committee. Kacaba will be joined by others to discuss capital formation for smaller firms. The hearing is entitled The Future… Read More

February 25, 2025 @ 9:34 am By JD Alois  |  

During the Biden Administration, digital assets were regulated by enforcement as the Securities and Exchange Commission (SEC) refused to provide regulatory clarity for firms engaged in the trading and issuance of crypto. In effect, the SEC told platforms and issuers to come in and register… Read More

February 24, 2025 @ 5:16 pm By JD Alois  |  

EquityZen, a top secondaries trading platform for private securities, has lowered its investment minimum to just $5000.00 for specific offerings. EquityZen is a marketplace where smaller investors may access securities of promising private firms. Frequently, insiders or early employees want to sell some shares and… Read More

February 24, 2025 @ 4:50 pm By JD Alois  |  

The fear of artificial intelligence (AI) becoming self-aware, similar to Sky Net in the eponymous Terminator series, or at least leveraged to manipulate the masses, appears to be driving an onslaught of legislation targeting AI. Multistate, a government relations firm, has published a map tracking AI… Read More

February 24, 2025 @ 12:08 pm By JD Alois  |  

ByBit, one of the largest crypto exchanges in the world, may now claim to be the victim of the largest crypto hack ever, with over $1.5 billion in value. ByBit is a centralized exchange, which one crypto executive says is emblematic of why a “CEX”… Read More

February 24, 2025 @ 11:56 am By JD Alois  |  

The Apple Card has arguably been a success for Apple (NASDAQ:AAPL). Available as both a physical and digital card, the card seamlessly integrates into the Apple Digital Wallet providing cash back on all charges along with additional user friendly services like advanced security features and… Read More

February 24, 2025 @ 11:22 am By JD Alois  |  

ByBit, one of the largest crypto exchanges in the world, is reporting that it has recovered pilfered funds. In a statement today, the company stated they had “restored reserves levels to a 1:1 ratio for in-scope digital assets within 72 hours following a major incident… Read More

February 24, 2025 @ 11:03 am By JD Alois  |  

The State of Virginia is considering legislation designed to limit the interest charged on credit to consumers. The Federal government is also reviewing a similar approach to credit cards, but once again, policymakers are looking to apply price-fixing to a market driven by supply and… Read More

February 24, 2025 @ 8:30 am By JD Alois  |  

Formerly known as MicroStrategy, Strategy (NASDAQ:MSTR) has announced that it has sold debt for approximately $1.99 billion, after fees, and used the money to purchase Bitcoin (BTC). The company rebranded as Strategy this month (February 2025). The company said it had purchased 20,356 Bitcoin at… Read More

February 21, 2025 @ 12:14 pm By JD Alois  |  

The House Financial Services Committee has announced a series of hearings covering a litany of issues and topics. As the Committee is currently controlled by Republicans, the tendency is to be more supportive of innovation and access to opportunity – especially for retail investors and… Read More

February 21, 2025 @ 12:02 pm By JD Alois  |  

Crypto exchange Bybit has apparently been hacked. Bybit, based in Singapore, reports over 60 million users worldwide and is said to be the world’s second-largest cryptocurrency exchange by trading volume. It was not immediately clear as to how much may have been stolen from the… Read More

February 21, 2025 @ 11:28 am By JD Alois  |  

Coinbase (NASDAQ:COIN) is reporting that the Securities and Exchange Commission (SEC) is poised to drop all charges leveled at the digital asset platform, contingent upon the approval of a majority of Commissioners. As Republicans now control the Commission, this should be little more than a… Read More

February 21, 2025 @ 9:29 am By JD Alois  |  

In January 2024, the then Chairman of the Securities and Exchange Commission (SEC) had his X account hacked. The individual who commandeered the account used his access to announce the approval of Bitcoin ETFs, impersonating Chair Gary Gensler – one day before the SEC intended… Read More

February 21, 2025 @ 8:57 am By JD Alois  |  

Artificial intelligence firm and OurCrowd portfolio company Groq has received a $1.5 billion commitment from the Kingdom of Saudi Arabia. According to the offering page, Groq is an energy-efficient, high-performance AI provider. Founded in 2016 by former Googlers, Groq aims to: “…revolutionize the AI industry… Read More

February 20, 2025 @ 4:18 pm By JD Alois  |  

The Accredited Investor definition is one of the most obtuse rules enforced by the Securities and Exchange Commission. In place for decades, the rule defines who can participate in certain private securities offerings. Broadly speaking, an individual is deemed Accredited if they earn over $200,000… Read More

February 20, 2025 @ 3:38 pm By JD Alois  |  

Remitly (NASDAQ: RELY), a payments and transfers Fintech, reported Q4 earnings results yesterday and the company said that it generated “record” revenue of $351.9 million an increase of 33%. At the same time, Remitly booked a net loss of $5.7 million, an improvement over Q4… Read More