Investment Platforms and Marketplaces

November 12, 2022 @ 9:38 am By JD Alois  |  

Insult upon injury, FTX is now dealing with “unauthorized transactions” that have led to the theft of crypto as FTX moves to place all crypto in cold storage. Ryne Miller, FTX.us GC, appeared to confirm the hack in a series of Tweets. https://twitter.com/_Ryne_Miller/status/1591326796305530880?s=20&t=gT0NTB2Hnmugn-deop6-gA   Elliptic… Read More

November 11, 2022 @ 10:33 pm By JD Alois  |  

CapitalRise has financed an £8.5 million loan for the acquisition and development of a detached 13,000 sq. ft house on the private Wentworth Estate in Virginia Water. CapitalRise notes that the new detached house on the plot has an estimated sales price of £16 million… Read More

November 11, 2022 @ 10:09 am By JD Alois  |  

In an action that should come as no surprise, FTX (International), along with its affiliated firms, including FTX.us and Alamada Research, has filed for bankruptcy protection. The news was revealed via Twitter in FTX’s main account. What was once the 2nd largest crypto exchange in… Read More

November 11, 2022 @ 7:47 am By Omar Faridi  |  

European investment platform Bondora reveals that October made solid gains in the origination and investment front. Especially when considering “the declines from September.” Investment funding via Bondora “increased by 21.3% to over €14M.” And loan originations “exceeded €15M.” Secondary Market activity “increased once again, and… Read More

November 10, 2022 @ 11:47 pm By JD Alois  |  

Perspective on the FTX disaster has been filtering in as more details surface. Below are several recently received observations from various industry insiders. Alex Adelman, CEO & Co-founder of Lolli – a Bitcoin rewards app, says the implosion of FTX has “irrevocably changed the crypto… Read More

November 10, 2022 @ 1:03 pm By JD Alois  |  

Some observers believe that the potential collapse of FTX will be the death knell of crypto markets. The lack of regulation, a failure of management, and the destruction of investor trust have impacted the entire crypto industry. FTX CEO Sam Bankman-Fried, once the darling of… Read More

November 9, 2022 @ 10:08 pm By JD Alois  |  

OurCrowd Global Summit is the Largest Event of its Kind Global securities crowdfunding platform OurCrowd is bringing back its annual Global Investor Summit after a COVID-induced hiatus. At the same time, OurCrowd has announced that it has topped $2 billion in capital commitments keeping it… Read More

November 9, 2022 @ 4:34 pm By JD Alois  |  

Crypto Contagion? Once again, crypto markets are sinking, losing over 10% in the past 24 hours, as the collapse of FTX has revealed an Emperor with no clothing. In aggregate, crypto assets now sit around $800 million, far off its all-time high of $3 trillion… Read More

November 9, 2022 @ 4:15 pm By JD Alois  |  

A Fox news correspondent is reporting that Binance has decided purchasing FTX is not a good idea and has declined to acquire the crypto exchange after it got a view of its books. Eleanore Terrett of Fox was first with the news quoting Binance Chief… Read More

November 9, 2022 @ 1:18 pm By JD Alois  |  

Things are going from bad to worse for FTX, which was the second-largest crypto exchange in the world – just last week. Reports have filtered in that regulators, including the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are “probing” FTX.us… Read More

November 9, 2022 @ 10:33 am By JD Alois  |  

The rapid demise of FTX, once the second-largest crypto exchange in the world, continues to impact crypto markets and the industry in general. Bitcoin is now at a year-to-date low, trading at around $17,700. FTT, the native digital asset of FTX, has cratered, trading at… Read More

November 8, 2022 @ 10:30 pm By JD Alois  |  

The dust has yet to settle, and the deal has not yet closed, but Binance’s rapid acquisition of FTX following a liquidity crunch is questioning the entire crypto ecosystem. Just last week, FTX appeared to be Teflon against any attacks lobbed against the digital asset… Read More

November 8, 2022 @ 5:22 pm By JD Alois  |  

Mainvest, a FINRA-regulated Funding Portal, is looking to raise money on another funding portal – Republic. Mainvest is a securities platform that aims to provide access to capital for “main street” type firms. According to the offering page on Republic, Mainvest is looking to raise… Read More

November 8, 2022 @ 11:26 am By JD Alois  |  

The dust-up between Binance and FTX has turned into a bit of a shit show. In the past days, Binance founder and CEO Chengpeng “CZ” Zhou – announced via Twitter it would be selling its FTT, the native token of FTX received from a past… Read More

November 7, 2022 @ 4:15 pm By JD Alois  |  

While Wefunder has listed more securities crowdfunding offers, StartEngine has raised more money during the first nine months of 2022, according to data compiled by KingsCrowd. While it was not immediately apparent if the numbers included Reg D offerings, both platforms are active in the… Read More

November 7, 2022 @ 8:51 am By JD Alois  |  

Chengpeng “CZ” Zhou, CEO and founder of Binance, has thrown some shade at competitor FTX announcing via Twitter it will be exiting its holdings of FTT, the native token of FTX, “due to recent revelations.” The revelations were not disclosed.   As part of Binance’s… Read More

November 7, 2022 @ 8:36 am By JD Alois  |  

  Sam Bankman-Fried, the CEO and founder of FTX, says a “competitor” is spreading false rumors about his company, adding that FTX is “Fine. Assets are fine.” Bankman-Fried made his claims in a series of Tweets. https://twitter.com/SBF_FTX/status/1589598284322328579?s=20&t=HvhVmAJpHWkGiSGKZ1MgYQ According to Bankman-Fried, FTX has enough assets to… Read More

November 7, 2022 @ 7:49 am By JD Alois  |  

SeedBlink has been approved to provide investment crowdfunding across all EU member states. SeedBlink joins a handful of other platforms able to sell securities under ECSPR (European Crowdfunding Services Providers Regulation). SeedBlink noted that it is the first CEE country to be authorized under the… Read More

November 6, 2022 @ 5:07 pm By Omar Faridi  |  

Digital asset firm Okcoin has successfully completed a security audit. This milestone is just another step in their journey of offering their customers the “safest” crypto experience in the industry, the firm claims. As noted in the update, Okcoin has successfully completed the Service Organization… Read More

November 5, 2022 @ 6:41 pm By Omar Faridi  |  

OKX, which claims to be the world’s second largest crypto exchange by volume (behind Binance) and a web3 platform, announced its registration as a Digital Asset Business in The Bahamas “under the newly adopted Digital Assets and Registered Exchanges (DARE) Act.” The company has also… Read More