General News

Rewards Marketing Firm Funded.Today Ranked #27 in Inc.5000

Rewards based marketing firm Funded.Today has been recognized by Inc. 5000 as one of its top growth firms. In fact, the Utah based company is listed at #27 overall within the entire list as the company delivered a three year growth rate of 8,798%. According… Read More

CryptoOracle & Crypto Invest Summit Partner on Two Blockchain Masterclasses including STOs & Healthcare

Crypto Invest Summit has partnered up with CryptoOracle to offer two masterclass courses at Crypto Invest Summit’s Fall Conference in LA. The two masterclasses, will tackle pretty diverse topics. The first will be on the emerging security token industry and the second will be on… Read More

Wyre’s Retail Cross-Border Payment Service Now Being Acquired By WorldFirst

Wyre, a U.S.-based money transfer service, announced this week it has entered into an account transfer agreement for the sale of its retail money transfer business to money transfer firm, WorldFirst. This news comes just after Wyre announced its API was being extended to dapps… Read More

Square Update: Reader Now Can Process Chip Cards in Just Two Seconds Without Signature Required

Payment process platform Square announced this week it has updated its Square Reader for contactless and chip and Square Register will now process chip cards in just two seconds (previously 3.6 seconds) without the requirement of a signature. While sharing more details about the update, Jesse Dorogusker, Head of Hardware… Read More

Crypto Exchange Huobi Announces Strategic Partnership & Investment With OpenFinance Network

Singapore-based blockchain asset financial service provider and crypto exchange Huobi announced on Wednesday it has entered into a strategic partnership and invested in U.S.-compliant security token trading platform, OpenFinance Network. According to Huobi, the new partnership will introduce both platforms to new markets and allow collaboration… Read More

OECD Pushes into Blockchain, Books Event for September

Even the Organization for Economic Cooperation and Development (OECD) is interested in blockchain these days. The international organization that is focused on promoting policies that will improve the economic plight of everyone around the world has scheduled a blockchain event in Paris for this September…. Read More

Smoothie Operator: PACK’D Smoothie Kits Now Overfunding on Crowdcube

Producing over two million Smoothie Kits, PACK’D is a natural nutrition brand on a mission to fuel potential. Grown from a Prince’s Trust market stall to one of the UK’s ‘Top 50 Startups’, the company now has over 1500 product listings including Sainsburys and Ocado…. Read More

Decentralized Crypto Trader Altcoin.IO Fundraising on Wefunder, Launches PlasmaDEX Updates

In July CipherTrace published a report on crypto theft and money laundering during Q2 2018 detailing a spike in crypto crime as thefts of digital assets via wallets and exchanges jump in value; as one may expect, money laundering is also a growing problem.  The CipherTrace 2018… Read More

Twitter CryptoScam Orchestrator Claims Raking in $50-100K a Day

A well-known Quebec-based “cryptoevangelist” and YouTuber called Adam Guerbuez claims that an “ethereum giveaway” scammer soliciting via a bot on Twitter has claimed he or she is skimming up to $100 ooo in Ether (ETH) from “mooches” (targets) per day. The story is related in… Read More

Bureau of Consumer Financial Protection Settles PayDay Loans Lawsuit, Imposes Hefty Judgement that is Unlikely to be Paid

The Bureau of Consumer Financial Protection (previously known as the CFPB) has reported that a federal district court in the Western District of Missouri has entered an Order effectuating a settlement between the Bureau  and Richard Moseley, Sr., Richard Moseley, Jr., and 20 interrelated corporate… Read More

Schwarmfinanzierung: Deloitte Study on “Crowdlending” in Germany says Banks Win

Deloitte Germany has published research on the crowdfunding sector and when it comes to comparing new forms of online capital formation and old banks – banks win. That is, at least in the eyes of the Deloitte research. Deloitte states that when it comes to… Read More

BrewDog Continues Expansion: Opens New Location in Seoul’s Itaewon Region

Scottish crowdfunded brewery BrewDog announced earlier this week it has continued its global expansion with the launch of its first bar in Seoul, South Korea. According to the brewery, this new bar is located in the Itaewon region of the city. BrewDog reported that the Itaewon bar will… Read More

Shares in Overstock Rocket Higher Following Upbeat Report on Blockchain Progress

Shares in Overstock (NASDAQ:OSTK) moved higher today following a much anticipated Q2 earnings call yesterday after market close that provided not only operational guidance but added perspective on the emerging blockchain based segment of the business. In an extended call, Overstock founder Patrick Byrne shed… Read More

Hackers Lock Up PGA Promo Files, Demand Ransom in Bitcoin

Hackers with poor spelling annoyed one of the world’s largest golf promoters this week by seizing some relatively benign files and demanding a bitcoin ransom for their return, Golfweek reports. On Tuesday, staff at the Professional Golfer’s Association of America  (PGA) tried to access computer… Read More

Q2 Enters in Agreement to Acquire Cloud Lending Solutions

Digital banking solutions provider, Q2 Holdings, Inc. (NYSE: QTWO) has entered in an agreement to acquire California-based Cloud Lending, Inc., a privately-held SaaS company that provides an integrated end-to-end lending and leasing platform. According to Q2, the transaction has been approved by the boards of directors of both… Read More

Sberbank Is Investing RUB 27 Million in Six Startups Though In-House Accelerator

Russian banking firm Sberbank announced on Thursday it is set to invest RUB 27 million in six start-ups, created by employees through its in-house accelerator program, Sber#Up. According to Sberbank, Sber#Up in-house accelerator is a program that offers all the banking group’s employees support to create their… Read More

Gage & Tollner Partners with Wefunder: Great Eats, Nibbles & Sips in Brooklyn

No Eats ‘Til Brooklyn? Riffing on the Beastie Boys’ “No Sleep ‘Til Brooklyn” on this new revenue sharing Wefunder campaign which plans to bring back to life the historic and beloved Brooklyn restaurant Gage & Tollner. Gage & Tollner, once known for its stunning Gilded-Age dining room and its… Read More

Nova Credit Expands into Latin America: Solving Credit Access for Immigrants, One Country at a Time

Nova Credit, started as a Stanford graduate research project in 2015, has quickly gained ground as a cross-border credit reporting agency aiming to solve the problem of credit access for immigrants and underbanked.  The platform will begin serving immigrants from South America through partnering with the Brazilian credit bureau… Read More

New Accenture CyberSecurity Report Predicts Escalation of Iranian Malware Attacks

The latest cybersecurity report from Accenture says that, “nation-state-sponsored cyberattacks (emanating from Iran have) grown, and this is likely to continue.” The report also claims that Iranian hackers are becoming more adept at cyberattacks involving cryptocurrencies, including mining malware attacks (where hackers create “botnets” of… Read More

Visa Invests In & Partners With Isreali Startup Behalf As Part of $100 Million Fintech Investment Program

Credit card giant Visa (NYSE: V) announced on Tuesday it has invested and partnership with Israel startup Behalf to support small business growth through easy-to-access capital and financing. The company reported that this partnership and investment is part of its $100 million Visa FinTech Investment Program. Founded in… Read More