General News

GDPR by the Numbers: the European Commission Provides a Glance at the Data

GDPR or the General Data Protection Regulation is a big deal. GDPR was designed to better protect consumers and their digitized information. While clearly not perfect, GDPR is the direct result of big corporations failing their customers with poor security protocols, lackluster attention to cyberfraud… Read More

FINRA’s Annual Risk Monitoring and Examination Priorities Letter Targets Online Platforms Issuing Securities

Last week, FINRA issued its annual Risk Monitoring and Examination Priorities Letter for 2019. The letter is a reference point as to what FINRA expects to target in the coming year. The missive includes an opening by FINRA President and CEO, Robert Cook, who said… Read More

Bank of England Refusing to Hand Over Venezuela’s Gold; Protestors in Toronto Denounce “Interference” in Venezuela

Sources to Bloomberg have claimed that The Bank of England (BOE) is refusing to release $1.2 billion USD of Venezuela’s gold to the country’s officials. A delegation led by Calixto Ortega, president of Venezuela’s central bank,  reportedly visited London in December seeking access to the… Read More

The Best Blockchain Event of the Year? Inc. Write Up Recognizes Crypto Invest Summit as Top Event to Attend

The Crypto Invest Summit (CIS) gained a nice accolade this week as a write-up in Inc. anointed CIS as one of the Best Blockchain Events of the year – no small praise in a sector of conferences that have been overrun by too many events… Read More

OTC Markets Group 2019 OTCQX Best 50. Bitcoin Drops, Cannabis Rises

OTC Markets Group has published their annual OTCQX Best 50 list. The list is a ranking of top-performing OTCQX companies in the prior calendar year which include both domestic and international firms. OTC Markets is a popular marketplace with many global companies that are headquartered outside the… Read More

Brief: Lending Express CEO & Co-Founder Eden Amirav Shares Insight on SMB Sector, Growth & US Gov’t Shutdown

Yesterday the Israeli tech company Lending Express, celebrated surpassing $100 million in financing facilitated between small and medium business owners and online lenders and obtaining state permission to open for business in California. The lending platform, led by CEO & Co-Founder Eden Amirav, is poised for further growth… Read More

Kadena Now Offers Free Blockchain as a Service on AWS Marketplace: “We See No Competitor that Can Match Our Systems’ Performance”

Kadena is now offering blockchain as a service, free of charge, on the AWS marketplace. The new offering should make the tech far more accessible to a diverse group of potential users. AWS has more than a million enterprise users and is one of the… Read More

European Crowdfunding Network Launches ECN – Italian Strategic Group to Collaborate on Culture of Crowdfunding

The European Crowdfunding Network (ECN) has announced the creation of a new group entitled the ECN-Italian Strategic Group (ECN-ISG). The ECN is the leading pan-European voice for investment crowdfunding. The objective of the ECN-ISG Working Group is to foster a more robust culture of crowdfunding in… Read More

Security Token Software Provider Horizon Globex Announces First Sale of CustodyWare License to V Stock Transfer

Horizon Globex US,  a security token software provider, has signed its first deal to license its internally developed software solution, CustodyWare, to V Stock Transfer, an SEC-registered transfer agent and registrar. VStock will now be able to take custody of tokenized securities issued pursuant to… Read More

Lending Express Celebrates $100M Lending Milestone & California’s Golden Opportunities

Lending Express, an Israeli tech company dedicated to creating a better world of funding for SMBs, has surpassed $100 million in financing facilitated between small and medium business owners and online lenders. Lending Express also obtained state permission to open for business in California. The… Read More

KoreConX Announces Partnership With Agoracom

KoreConX announced on Tuesday it has formed a partnership with Agoracom, a small cap community that has connected over 5 million investors and public companies in a moderated, smart discussion. According to KoreConX, Agoracom is the Web 2.0 online marketplace and forum for citizens of the small-cap… Read More

Fintech Business Lender MarketInvoice Nabs £26M in Series-B Round Led by Barclays & Santander InnoVentures

UK fintech business lender MarketInvoice has raised £26M in new equity funding during a Series-B funding round led by Barclays and Santander’s $200M fintech fund InnoVentures with significant participation from European venture fund Northzone, an existing investor in the company. Technology credit fund Viola Credit, who… Read More

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

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