General News

October 12, 2018 @ 8:54 am By JD Alois  |  

Dow Jones VentureSource is out with their quarterly report on VC activity for Q3 of 2018. According to their numbers, European VC fundraising increased during Q3 but investment in European companies “showed a notable decline in deal flow activity and investment levels.” The report states… Read More

October 11, 2018 @ 8:05 pm By JD Alois  |  

This morning, well known economist Dr. Nouriel Roubini and Peter Van Valkenburg, Director of Research at Coin Center testified before the U.S. Senate Committee on Banking, Housing and Urban Affairs. The topic of discussion was cryptocurrency and the emerging blockchain technology. Roubini attacked and Van… Read More

October 11, 2018 @ 3:59 pm By JD Alois  |  

Congressman Brad Sherman has been one of the most outspoken critics of the crypto / blockchain sector. Granted, many elected officials are sitting on the fence as to what, if anything, they should legislate to facilitate, or curtail, the emerging crypto sector. Just this week,… Read More

October 11, 2018 @ 3:17 am By Erin Hobey  |  

Streamr, an open-source, real-time data platform just selected as one of PwC’s Crypto Valley’s Top 50 Projects, continues to expand its network with a new partnership with Japan-based Daisy AI, an AI platform focused on using blockchain for deep learning. Daisy AI will use Streamr… Read More

October 10, 2018 @ 1:00 pm By Samantha Hurst  |  

Standard Chartered Bank announced on Wednesday it has formed a partnership with  Huawei to develop an Internet of Things (IoT) powered solution in an effort to revolutionize the way corporates communicate with banks for financing or payments. According to the duo, this new solution combines IoT and… Read More

October 9, 2018 @ 7:38 am By Erin Hobey  |  

Yesterday, one of the world’s largest cryptocurrency exchanges, Binance, announced that the platform would donate all listing fees to charity indicating that the change would increase the use of Blockchain for greater good. The company did not provide specifics as to how the charities would be… Read More

October 9, 2018 @ 3:24 am By Erin Hobey  |  

Investment platform Downing Crowd has launched a ‘7-day access’ bond which will invest a further £2.5 million for renewable energy generation and reserve power company, Bagnall Energy.  More than £201,4854 has already been secured for the raise which will close on Halloween morning. “The renewable energy… Read More

October 9, 2018 @ 3:00 am By Erin Hobey  |  

Appetize, a Point of Sale, inventory, retail payment tech and analytics platform targeting the foodservice sector, has signed with new partner Tropical Smoothie Cafe, a fast-casual restaurant concept that serves blended-to-order smoothies, wraps, sandwiches and flatbreads. Tropical Smoothie Cafe is one of the fastest growing… Read More

October 8, 2018 @ 9:00 pm By JD Alois  |  

Innovation Norway and the School of Business and Law at the University of Adger (UiA) have partnered to offer a master’s course in crowdfunding. In addition to lectures and teaching, participating students will be working with real campaigns from real companies. Reportedly, more than 20 companies and… Read More

October 8, 2018 @ 11:11 am By Samantha Hurst  |  

India-based HDFC Bank announced on Monday the launch of its new Accelerator Engagement Program (AEP) under the Bank’s Centre of Digital Excellence (CODE). HDFC Bank reported through the new program, it will partner with leading start-up accelerators from across the globe to gain early access… Read More

October 5, 2018 @ 7:28 am By Samantha Hurst  |  

Startupbootcamp Scale FinTech in Latin America, a joint venture between Startupbootcamp and Finnovista, celebrated this week the end of its first cohort during its Demo Day at FINNOSUMMIT Miami: a regional leading FinTech event, welcoming a total of 300 attendees. According to the venture, the… Read More

October 4, 2018 @ 5:28 pm By Cali Haan  |  

Players of the ultra-popular video game Fortnite may soon add a disappointment dance to their repertoire as they are increasingly targeted by malware aimed at their Bitcoin. Researchers at the anti-virus and anti-malware company Malwarebytes say they have found malware targeting victims’ crypto holdings hidden… Read More

October 4, 2018 @ 3:30 am By Erin Hobey  |  

No fees for international transfer? Global remittance company TransferGo has reportedly launched the first “completely free” international money transfer service. Customers may transfer money around the world at “absolutely no cost”, averred the platform; in lieu of fees, the money transfer will be offered at the mid-market… Read More

October 3, 2018 @ 10:45 pm By Cali Haan  |  

“I realized if you really want to understand this crypto craze, you kinda have to be a part of it.” And so begins the short documentary profiling Wall Street Journal cryptocurrency reporter Steve Russolillo’s effort to create, and then desert, a Wall Street Journal-branded cryptocurrency. “I’ve been… Read More

October 2, 2018 @ 4:26 pm By JD Alois  |  

On September 28th, WSJ.com published an article on cryptocurrency entitled “How Dirty Money Disappears into the Black Hole of Cryptocurrency.” Authors Justin Scheck and Shane Shifflett slammed crypto exchange Shapeshift as complicit in illicit trades deemed to be attempts to launder money with with crypto. Yesterday, Erik Voorhees,… Read More

October 2, 2018 @ 9:10 am By JD Alois  |  

According to CoreData Research, advisers believe MiFID II is a bigger challenging than Brexit. A study by the research firm of nearly 1000 UK financial advisors indicated that 19% deemed MiFID II a challenge followed by Brexit at 15%.  Macroeconomic and geopolitical risks stood at 13%,… Read More

October 1, 2018 @ 9:46 pm By Onki Kwan  |  

On September 27, 2018, the SEC filed a lawsuit against Elon Musk for committing securities fraud because of some tweets he published on August 7, 2018. A mere two days later, September 29, 2018, Musk settled with the SEC. As part of their settlement agreement,… Read More

September 30, 2018 @ 1:27 pm By Samantha Hurst  |  

Global accelerator program Plug and Play announced last week it has selected 158 startups to participate in its Winter 2018 batches. According to Plug and Play, the selected startups will take part in one of the following programs: Energy & Sustainability, Enterprise 2.0, Health, Insurtech,… Read More

September 27, 2018 @ 8:16 pm By Samantha Hurst  |  

Ripple announced on Thursday the launch of its new social impact program, Ripple for Good. According to Ripple, Ripple for Good will focus on projects related to education and financial inclusion. The company reported that along with the recent donations, that has totaled to more… Read More

September 27, 2018 @ 11:14 am By Samantha Hurst  |  

Temenos (SIX: TEMN), the banking software company, and the collaborative Fintech platform B-Hive Europe, announced it has formed an associate partnership during Digital Finance Europe on Wednesday. According to the duo, this new collaboration has been launched at the National Bank of Belgium in Brussels. While sharing more… Read More