Featured Headlines

October 18, 2021 @ 4:32 pm By JD Alois  |  

After an extended wait for financial services firms attempting to launch an exchange-traded fund (ETF) based on Bitcoin, the very first Bitcoin ETF is expected to trade tomorrow on the New York Stock Exchange (NYSE). Last week, it was revealed that ProShares Bitcoin Strategy ETF… Read More

October 18, 2021 @ 8:00 am By Omar Faridi  |  

We recently connected with Rachid Ajaja, CEO and Founder of AllianceBlock, the first “globally compliant” decentralized capital market. Ajaja explained what his organization is doing to support the nascent DeFi space. He also commented on the rise of crypto-assets and how to create a sustainable… Read More

October 17, 2021 @ 11:19 pm By JD Alois  |  

Fintech Chip has raised over £11.5 million for its equity offering on Crowdcube. According to a note from Chip, 12,954 investors participated in the securities offering making it the biggest equity crowdfund of the year as well as the biggest equity crowdfund held on Crowdcube… Read More

October 15, 2021 @ 11:43 am By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has ordered Tether and Bitfinex (iFinex) to pay $42.5 million in fines, according to a statement by the regulator. Tether, a leading dollar-based stablecoin, must pay $41 million in regards to claims that Tether (USDT) was fully backed by… Read More

October 15, 2021 @ 9:42 am By JD Alois  |  

Goldman Sachs (NYSE:GS) a global investment bank and fast-growing Fintech firm, has reported Q3 financial results and business is good. According to Goldman, during the first nine months of 2021, the company generated net revenues of $46.70 billion along with net earnings of $17.70 billion… Read More

October 14, 2021 @ 8:00 pm By Omar Faridi  |  

We recently caught up with Domenic Carosa, Founder and Chairman at Banxa (TSX: BNXA), which powers one of the largest digital asset platforms by offering payments infrastructure and regulatory compliance across international markets. Banxa’s goal and vision is to develop the bridge that offers consumers… Read More

October 12, 2021 @ 9:25 pm By JD Alois  |  

Fintech Founders has published a survey in collaboration with the UK Department for International Trade (DIT). Once again the group notes there is significant optimism for the Fintech industry while calling for more government support in a rapidly changing and dynamic market. Originally called the… Read More

October 12, 2021 @ 3:46 pm By Douglas Horn  |  

The 17-hour outage has exposed a critical design flaw and grossly exaggerated TPS claims.   On September 14 at 12:38 PM UTC, Solana announced that it had encountered a denial-of-service [DoS] disruption caused by a surge in transaction loads, reaching as high as 400,000 attempted… Read More

October 12, 2021 @ 10:43 am By JD Alois  |  

Investment crowdfunding platform Silicon Prairie has acquired Miventure, according to a note from the company. The terms of the deal were not disclosed. Silicon Valley lists securities under Reg CF as well as other exemptions. Miventure is a FINRA regulated funding portal seeking to raise… Read More

October 11, 2021 @ 10:53 am By JD Alois  |  

Wefunder, a leading investment crowdfunding platform that primarily issues securities using the Reg CF (Regulation Crowdfunding) securities exemption, recently touted the fact that most securities offerings on its market are for Preferred shares. Wefunder stated that not 100% of offerings are for Preferred but said… Read More

October 11, 2021 @ 10:30 am By Omar Faridi  |  

We recently connected with Galina Likhitskaya, Vice president, Operation & Product at HashEx, an audit and consulting firm for blockchain or distributed ledger tech (DLT)-enabled projects. Galina talked about the importance of following the best or highest online security standards. She also discussed how smart… Read More

October 8, 2021 @ 4:00 pm By Omar Faridi  |  

  The Bitcoin (BTC) Lightning Network was recently tapped to enable Twitter payments and as of last week, the number of nodes that are running the LN reached a record high, increasing around 105% since 2020. Only about a year ago, the Lightning Network had… Read More

October 7, 2021 @ 10:46 am By JD Alois  |  

Chip, a Fintech that streamlines savings and investment, is seeking growth capital on Crowdcube. According to a note received from the company, the securities offering raised £1 million in under 10 minutes, crashing the Crowdcube servers. The offering was initially available to insiders but is… Read More

October 7, 2021 @ 8:33 am By JD Alois  |  

OurCrowd has been recognized as the leading VC investor in Israel for the 9th year in a row. OurCrowd is a global investment crowdfunding platform matching investors with promising private deals around the world. Israel is one of the hottest startup markets anywhere and OurCrowd… Read More

October 7, 2021 @ 7:47 am By Omar Faridi  |  

Republic, the financial services firm offering a full-stack investment crowdfunding platform, has introduced “Republic Music,”  which is described as a new type of investment product that aims to provide an innovative way to create, produce and share royalties acquired from music. The initiative has been… Read More

October 6, 2021 @ 9:03 pm By JD Alois  |  

Yesterday, SEC Chairman Gary Gensler testified in front of the House Committee on Financial Services sharing his perspective on the goals of the SEC and why it needs more money to fulfill its mission. As anticipated, much of the testimony swirled around digital assets and… Read More

October 5, 2021 @ 7:48 pm By JD Alois  |  

California Governor Gavin Newsom has signed the California Banking Act into law. The legislation establishes the BankCal Program (BankCal) to provide Californians with zero-fee and zero-penalty transaction accounts and debit card services. HISTORIC! Today Governor @GavinNewsom signed #AB1177, the California Public Banking Option Act, which… Read More

October 4, 2021 @ 9:37 am By JD Alois  |  

The US Federal Reserve is poised to publish a report on the possibility of a central bank digital currency or CBDC. The concept has been bandied about by central bankers for several years now as policymakers seek to assess the benefits, and potential pitfalls, of… Read More

October 3, 2021 @ 6:13 pm By Omar Faridi  |  

We recently caught up with Heikki Vänttinen, Co-founder at API3,  a collaborative initiative focused on delivering traditional API services to smart contract platforms in a decentralized and “trust-minimized” manner. It’s governed by a decentralized autonomous organization (DAO), and its code is open-source and its operations… Read More

September 30, 2021 @ 8:14 pm By Tony Zerucha  |  

While it’s taken a while for B2B technology to reach the levels of responsiveness common to their B2C brethren, the gap is indeed narrowing, CEO Brandon Spear of B2B payments company TreviPay said. B2B has always lagged behind B2C for the simple reason – building… Read More