General News

Cryptocurrency Gains Officially Taxable in Chile

“Due to the boom that the commercialization of these assets,” profits from the sale and trading of bitcoins and other cryptocurrencies are now taxable in Chile, Diario Bitcoin reports. Chilean tax authorities have added a special provision to tax form 22, a deliberately vague, catch-all… Read More

Use of Bitcoin on Dark Net Doubled in 2018 Despite 80% Price Drop

An average of $2 million USD in Bitcoins per day is still flowing into Dark Net markets, despite an 80% price slump and the mid-2017 shuttering of Alpha Bay and Hansa, two popular Dark marketplaces, Reuters reports. Reuters says that flow represents a doubling of… Read More

Reg CF Closes the Year at $161.5 Million in Crowdfunding. Total for 2018 was Flat versus Year Prior

The StartEngine Index tracking Reg CF crowdfunding issuers was published a few days ago. According to StartEngine, total successful offerings since the securities exemption was launched in May of 2016 now stands at $161.5 million. So how does 2018 compare to the year prior? Excellent question…. Read More

Fortnite In-Game Currency Allegedly Being Used to Launder Criminal Proceeds

Criminals are using stolen credit cards to buy Fortnite “V-bucks” then sell it “in-bulk” on the dark net to wash the proceeds- and the company doesn’t seem to be doing much about it, say cybersecurity experts cited in The Independent. According to Benjamin Preminger, a senior… Read More

KeyBank to Acquire Online Lending Business Laurel Road

KeyBank National Association announced on Wednesday KeyBank and Laurel Road Bank have entered into a definitive agreement for the acquisition by Key of Laurel Road’s digital lending business. KeyBank reported that through the acquisition it will enhance its digital capabilities with customer-centric technology. According to… Read More

2018 Roundup: Indian Tech Startups Secured $11B, Fintech Deals Led Startup Investments

The Indian media platform Inc42 just released its Indian Tech Startup Funding Report 2018. According to the report, during 2018 Indian startups received $11 B total funding across 743 deals. While in 2017, 4 startups took away a little more than half the funding $6.9 Bn, in 2018… Read More

IronX Exchange Celebrates $26.3M+ IRX Token Sale, Beta Launch Continues

The IronX Exchange, a joint venture between global multi-asset broker IronFX and Cardano (ADA coin) creator EmurgoHK. The exchange has a full range of both crypto and fiat wallet funding options. Just in: IronX has raised $26,319,447.92 via its token sale. “The IronX token sale… Read More

KoreConX Announces E5A Integrated Marketing to Join KorePartners Ecosystem

KoreConX announced on Wednesday that E5A Integrated Marketing, a New York-based marketing agency specialized in capital raising, has joined the KorePartners Ecosystem. According to KoreConX, E5A helps companies raising capital to target with precision all of the appropriate audiences, including qualified and accredited investors. Their experienced team uses logic and… Read More

Dow Jones Venture Report: Investment in European Companies Remains Steady but Deal Flow Dives

EU coins money Europe

Dow Jones has published their Q4 VentureSource report today and while investment in European companies “held steady” deal flow dropped. According to the report, the UK garnered the bulk of the activity with no Brexit impact visible. At least just yet. The report indicates that… Read More

Enforcement Never Rests: SEC Announces Charges in the Edgar Hacking Case

Even while much of the Securities and Exchange Commission (SEC) is on furlough due to the US government shutdown, today the SEC announced charges against nine defendants for participating a hack into the SEC’s EDGAR system – the database that hosts all mandated securities filings…. Read More

Visa Launches New Global Initiative to Support Women-Owned Small Businesses

Visa announced on Tuesday the launch of its new global initiative, She’s Next, Empowered by Visa, to champion women-owned small businesses everywhere. Through the initiative, women small business owners are able to build, sustain, and advance their businesses. According to Visa, She’s Next, will be supported… Read More

Johns Hopkins Prof Steve Hanke Partners with Airtm to Spearhead Airdrop Venezuela’s $1M/Crypto Campaign

Airtm, which operates a blockchain and bank-connected digital wallet and the P2P exchange platform AirPlatform, aims to provide globally-connected financial services to consumers and businesses in the developing world. The platform is now focusing its efforts on Venezuela, specifically in the new Airdrop Venezuela campaign. “Over the… Read More

JAWOHLLLL! Ameria Crushes Goal, Secures €5.5M on Third Companisto Equity Crowdfunding Campaign

The German IoT platform Ameria successfully closed its €5.5M Companisto Series C/Growth Capital campaign at midnight, raising  the full €5,500,000 from 770 investors. Funding will be utilized to further develop the company’s existing CX Ecosystem and ensure innovation leadership. Investors include CEMA AG CEO Thomas Steckenborn, Carlos Dennis and Süddeutsche Privatkapital AG… Read More

Monetary Authority of Singapore Subsidizes New Equity Listings with S$75 Million Grant

Seeking to boost their prominence as an equity financing hub in Asia, the Monetary Authority of Singapore (MAS) has announced a grant of S$75 million to help businesses raise funding via the Singapore equity market. Singapore is one of the most business-friendly jurisdictions in the… Read More

Augur “Prediction Market” Inflating User Numbers, Crypto Pundit Says

Alex Sunnarborg, a crypto fund manager at Tetras Capital has questioned user numbers claimed by operators of the “decentralized prediction market” platform Augur, Cointelegraph reports. On Jan 10th, Sunnarborg claimed on Twitter that, in its most recent weekly report, Augur had inflated its user numbers by… Read More

Perkins Coie Boosts Blockchain Bench with Addition of John Delaney as a Partner

Perkins Coie has added to its tech and blockchain team with the addition of John Delaney as a partner in the New York City office. Delaney joins the firm’s Technology Transactions & Privacy (TTP) practice. Perkins Coie said Delany is the fifth lateral to join… Read More

A Closer Look at the US Alternative Finance Market

Last month, the Cambridge Centre for Alternative Finance (CCAF) published their annual report on alternative finance covering the Americas. “Reaching New Heights” covered online alternative finance data in North, South, and Central America as well as the Caribbean. CI wrote about the report when it first came… Read More

Crowdcube Highlights from 2018, Including an Exciting Focus on Spain

This week UK based crowdfunding platform Crowdcube touted its best year to date when measured by multiple metrics; Q4 was said to be the most successful quarter in the history of the platform. Crowdcube channelled 166 million euros in 198 capital campaigns for European companies this… Read More

Norwegian Police Seeking Public’s Help in Kidnapping Case; Monero Ransom Demanded

Police and Norwegian media are reporting that the wife of one of Norway’s richest people went missing from her home October 31st, and hasn’t been seen since. According to Norwegian police, “the main hypothesis” is that 68-year-old Anne-Elisabeth Hagen was abducted. Police say they found… Read More

The Cambridge Centre for Alternative Finance, Asian Development Bank Institute, and FinTechSpace Launch ASEAN Fintech Industry Survey

The Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School,  Asian Development Bank Institute and FinTechSpace have formed a partnership to launch the ASEAN Fintech Industry Survey – the first study of its kind. According to CCAF, the research will focus… Read More

Send this to a friend