August 27, 2021 @ 4:20 pm By Tony Zerucha  |  

The Securities and Exchange Commission (SEC) is requesting information and public comment on the use of digital engagement practices by broker-dealers and investment advisers. These tools include behavioral prompts, differential marketing, gamification, and other design elements or features designed to engage with retail investors on… Read More

August 26, 2021 @ 11:07 pm By Tony Zerucha  |  

Virtual asset trading platform Matrix, this week launched as the first regulated virtual asset multilateral trading facility (MTF) and custodian under the Abu Dhabi Global Market (ADGM) virtual asset policy framework. It is licensed by the Financial Services Regulatory Authority (FSRA). The Gulf Cooperation Council (GCC), which… Read More

August 26, 2021 @ 9:19 pm By Tony Zerucha  |  

KYC-AML regulatory technology provider Netki is partnering with blockchain technology provider Polymath to bring blockchain-specific identity verification to Polymesh, a permissioned blockchain purpose-built by Polymath for security tokens. The collaboration will help protect against fraudulent account creation while ensuring the onboarding process to the chain… Read More

August 26, 2021 @ 7:29 pm By Tony Zerucha  |  

Yieldly, a decentralized finance (DeFi) ecosystem built on the Algorand blockchain, today announced partnerships with esports organizations BOOM esports and Fact Revolution. They will see the release of bespoke esports NFTs that users can win via staking. The partnerships will enable BOOM and Fact Revolution… Read More

August 26, 2021 @ 6:59 pm By Tony Zerucha  |  

While the United States still attracts plenty of foreign direct investment (FDI), there are some ominous signs within the 2020 numbers, analysis from MoneyTransfers.com reveals. The platform analyzed data from the Organization for Economic Cooperation and Development (OECD). Businesses and entrepreneurs alike understand that the… Read More

August 26, 2021 @ 6:20 pm By Tony Zerucha  |  

GK8 a cybersecurity company offering custodian technology for managing and safeguarding digital assets, announced this week its proprietary end-to-end custody solution, designed for banks and financial institutions, is now available for institutional customers that want to offer custody of Hedera’s native HBAR and HTS-based tokens…. Read More

August 26, 2021 @ 6:13 pm By Tony Zerucha  |  

Financial services company AID:Tech, which provides federal relief distribution services, will soon be leveraging the power of payment solutions from Circle, a global financial technology firm that provides internet-native payments and treasury infrastructure.  Utilizing USD Coin (USDC) and leveraging Circle’s payment rails, AID:Tech’s platform provides… Read More

August 25, 2021 @ 10:09 pm By Tony Zerucha  |  

Bitcoin rewards company Lolli today announced a partnership with StubHub. It will give users the ability to earn up to six per cent bitcoin back on tickets for sporting events, theatre and concerts. StubHub will join more than 1,000 other retailers offering bitcoin rewards with… Read More

August 25, 2021 @ 9:51 pm By Tony Zerucha  |  

The Securities and Exchange Commission (SEC) today charged Manish Lachwani, the former CEO of HeadSpin, an app testing company, with defrauding investors out of $80 million by falsely claiming the company had achieved strong and consistent growth in acquiring customers and generating revenue. The SEC’s… Read More

August 25, 2021 @ 5:49 pm By Tony Zerucha  |  

Fintech omnichannel payments platform Qolo has closed a $15 million Series A round led by The Raptor Group. Additional professional investors and strategic partners also participated. The funds are earmarked for staffing, international expansion and product development.  “We experienced strong investor interest fueled by our… Read More

August 25, 2021 @ 4:38 pm By Tony Zerucha  |  

Felux, a B2B marketplace and supply chain platform for the steel and industrial industry, today announced it has raised $5.1m in seed funding led by Expa, with participation from 8VC and Lightbank. Normally an offline industry, Felux seeks to bring the trillion-dollar steel industry’s commerce and… Read More

August 25, 2021 @ 4:28 pm By Tony Zerucha  |  

Bitcoin is taking a breather after a period of growth that saw it return to a value north of $50,000, GlobalBlock sales trader Alexandra Clark said in her latest research notes. After breaking through the $50,000 level on Monday, Bitcoin has fallen back below $48,000,… Read More

August 25, 2021 @ 2:29 pm By Tony Zerucha  |  

Open Banking Excellence (OBE) is opening a center in Brazil to help promote the concept in that country. The launch of OBE Brazil is set for 2 p.m. local time Sept. 1 and features a live session with debates and discussions by experts in the… Read More

August 25, 2021 @ 2:26 pm By Tony Zerucha  |  

Even though Bitcoin had shown some positives until recently, there are reasons for concern, GlobalBlock sales trader Marcus Sotiriou said this week. Sotiriou said Bitcoin closed another day above the 200-day moving average on Monday, while also completing a support/resistance flip of the $48,000 level… Read More

August 24, 2021 @ 10:31 pm By Tony Zerucha  |  

Canadian venture capital firm ThreeD Capital was among the backers of XREX’s recent US $17 million Pre-Series A financing round. ThreeD Capital acquired 282,386 preferred shares in the Taiwanese tradetech company for US $400,000. “We are very excited about our investment in XREX and its… Read More

August 24, 2021 @ 9:47 pm By Tony Zerucha  |  

Permission.io, a provider of permission-based digital advertising, today announced the availability of its blockchain validator node and blockchain full node on Google Cloud Marketplace. With both of these offerings available on Google Cloud Marketplace, users will have access to Permission.io’s secure private blockchain to send… Read More

August 24, 2021 @ 3:56 pm By Tony Zerucha  |  

Bimp’s new platform blends game streaming, cryptocurrency, and DeFi into one ecosystem. Launched this July, Bimp is a cryptocurrency project which includes smart contracts, non-rugpull  features, a daily BNB claim reward system and NFT money backed by real tokens According to Newzoo, a gaming and… Read More

August 24, 2021 @ 3:11 pm By Tony Zerucha  |  

Canadian cryptocurrency trading platform Coinberry has become the first pure-play registered crypto trading platform in Canada. This registration will allow Coinberry to offer Canadians crypto-based products and services on a regulated platform. “We at Coinberry have been working hard with our partners at DLA Piper to… Read More

August 24, 2021 @ 2:53 pm By Tony Zerucha  |  

The Bitcoin Association, the Switzerland-based global industry organization working to advance business with the Bitcoin SV (BSV) blockchain and digital currency, today announced the three finalists for the 4th Bitcoin SV Hackathon who will compete for a USD $100,000 prize pool (paid in BSV) at… Read More

August 24, 2021 @ 1:47 pm By Tony Zerucha  |  

Blockchain tech company CasperLabs today announced its partnership with Amazon Web Services (AWS). The collaboration gives developers and organizations building on the Casper Network the ability to directly deploy node infrastructures and design private networks for product testing from AWS. The Casper Network is an… Read More