General News

March 27, 2022 @ 7:17 pm By Adam Putz, PhD,  |  

The blistering pace of venture capital deployment has emerged as one of the more salient investment themes from the pandemic. As Fred Wilson, partner at Union Square Ventures, observes, “It is tempting to mourn the loss of careful and considered investing but from where I… Read More

March 27, 2022 @ 11:22 am By Omar Faridi  |  

Unstoppable Domains, the platform for “user-controlled” digital identity on Web3 with 2 million registered NFT domains, recently announced two key hires to lead the firm’s global expansion efforts in Europe and Asia. Sajjad Rehman joins Unstoppable Domains as its new Head of Europe, “leaving his… Read More

March 27, 2022 @ 10:22 am By Omar Faridi  |  

UK house prices continue to “advance unrestrained,” and on average are “up £29,000” over the last year, according to an update shared by Blend Network, a specialist development finance lender. The Nationwide House Price Index increased by 12.6% YoY in February 2022, which is an… Read More

March 26, 2022 @ 8:47 pm By Omar Faridi  |  

The NGFS released a “Statement on Nature-related financial risks”, which acknowledges that nature-related risks, “including those associated with biodiversity loss, could have significant macroeconomic implications, and that failure to account for, mitigate, and adapt to these implications is a source of risks relevant for financial… Read More

March 26, 2022 @ 3:22 pm By Omar Faridi  |  

Classiq, which offers (what it claims to be) the leading platform for creating quantum software, recently announced a collaboration with NVIDIA (NASDAQ:NVDA) in order to bring large-scale quantum circuits to customers. Now, businesses and other organizations can “prepare for and explore the benefits of larger… Read More

March 26, 2022 @ 12:04 pm By Omar Faridi  |  

Huobi Research Institute, the blockchain research organization, has released its latest report, titled “Unveiling the Mysterious Bored Ape Yacht Club”. The report from Huobi analyzes the rise of the “infamous” Bored Ape Yacht Club NFT collection, and explains Yuga Labs’ ambitions “to branch into Gamefi… Read More

March 25, 2022 @ 12:14 pm By Omar Faridi  |  

On 22 March 2022, the Central Bank of Ireland  “reprimanded” and fined BNY Mellon Fund Services (Ireland) DAC €10,780,000 pursuant to its Administrative Sanctions Procedure (the ASP) for 16 regulatory breaches “relating to the outsourcing of fund administration activities.” The 16 breaches “arose because of… Read More

March 25, 2022 @ 11:37 am By Omar Faridi  |  

Zumo, the Edinburgh-based crypto wallet and payments platform, has appointed Dagmara Aldridge as its first Chief People and Culture Officer as it “seeks to reflect Future of Work trends and the latest neuroscience teachings.” With 15 years’ leadership and coaching experience, Dagmara, who was previously… Read More

March 25, 2022 @ 11:01 am By Omar Faridi  |  

FintechOS, a tech partner offering “high-productivity” Fintech infrastructure solutions for firms providing financial services, confirmed the launch of its accelerators for SME mobile lending and onboarding. The accelerators enable service provides to conveniently and efficiently enhance the SME customer onboarding process and streamline the loan… Read More

March 24, 2022 @ 9:43 pm By Omar Faridi  |  

Chainalysis, the blockchain data platform, has announced a partnership with Cross River, a tech-driven financial services organization that offers core infrastructure and embedded financial solutions. Cross River is well-known for offering financial services to the Fintech and crypto sectors and will utilize Chainalysis tools “to… Read More

March 24, 2022 @ 3:52 pm By Omar Faridi  |  

Dave Inc. (Nasdaq: DAVE), a banking app on a mission to build products that level the financial playing field, has announced a partnership with West Realm Shires Services, Inc., which is the owner and operator of FTX US, “whereby the companies will work together to… Read More

March 24, 2022 @ 1:07 pm By Omar Faridi  |  

UBS (SWX: UBSG) has announced the launch of its Virtual Worker Framework, which is described as a new approach to “flexible” working that will offer US workers in eligible roles with the opportunity “to work 100% remotely.” UBS will begin “a phased implementation of the… Read More

March 24, 2022 @ 12:53 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has announced that Martha Legg Miller, Director of the Office of the Advocate for Small Business Capital Formation (OASB), is leaving the agency at the end of April. The SEC added that Sebastian Gomez Abero will serve as Acting… Read More

March 24, 2022 @ 10:38 am By Omar Faridi  |  

The digital asset and cryptocurrency trading platform MEXC Global has announced an ecosystem fund of $150 million, along with Bybit, in order to support the ecosystem growth of Fetch.ai, a Cambridge-based AI lab building an open-access “decentralized” machine learning network for smart infrastructure. Known as… Read More

March 24, 2022 @ 9:14 am By JD Alois  |  

Financement Participatif France (FPF), the French crowdfunding association, has announced the appointment of a new President. According to FPF, Damien Guermonprez has been selected as the new President of the organization. He is currently Executive Chairman of Lemonway. Mathilde Iclanzan has been appointed as Vice President… Read More

March 23, 2022 @ 11:51 pm By Tony Zerucha  |  

Around the world, 66% of major institutional investors are more worried now than two years ago about extreme events disrupting their investment strategies—and 64% believe investors need to completely re-think how they approach portfolio construction. Those are among the key findings of Nuveen’s second annual EQuilibrium… Read More

March 23, 2022 @ 11:31 am By Omar Faridi  |  

Coinbase Cloud currently offers Web 3.0 APIs, services, and infrastructure ‘to power the next generation of software builders.” As part of Coinbase‘s vision to empower developers building the future of web3, they are launching “a suite of blockchain infrastructure solutions and services for the growing… Read More

March 23, 2022 @ 8:40 am By Omar Faridi  |  

The team at digital assets firm Kraken is pleased to welcome Carrie Dolan, who is a recognized financial services veteran ‘in high-growth consumer Fintechs and Fortune 500 companies, as Kraken’s newly appointed Chief Financial Officer (CFO).” Carrie will be expected to serve a key role… Read More

March 23, 2022 @ 8:04 am By Omar Faridi  |  

The Lemonade Foundation, the nonprofit founded by Lemonade to “effect exponential social and environmental impact” via technology, has announced the “formation of the Lemonade Crypto Climate Coalition.” The coalition is being “constituted as a Decentralized Autonomous Organization (DAO), dedicated to building and distributing at-cost, instantaneous,… Read More

March 22, 2022 @ 11:45 am By Omar Faridi  |  

Just when you thought their open-sourced ShapeShift V2 platform was sounding like a “one-stop-shop” solution for your cryptocurrency requirements, the team at ShapeShift claims that they have made further enhancements with the integration of the Gem on- and off-ramp embedded user interface. This will allow… Read More