General News

September 18, 2018 @ 10:20 am By Erin Hobey  |  

Readers know that beer almost always is a sure win with the crowdfunding crowd. Spanish coast inspired, US brewed Palmia is off to good start on its second Wefunder Future Equity (Custom SAFE) campaign.  San Francisco- based Palmia has already surpassed its initial goal, having secured $198,414+… Read More

September 17, 2018 @ 1:03 pm By JD Alois  |  

Blockchain Charity Foundation (BCF), Finance Center for South-South Cooperation (FCSSC) and Women Political Leaders Global Forum (WPL), have joined to host a blockchain focused summit to be held at the United Nations on September 24th.  This summit, entitled “Blockchain for Social Good: Utilizing Blockchain to… Read More

September 16, 2018 @ 9:25 pm By Aubrey Hansen   |  

Currently, all eyes are fixed on the financial applications of blockchain technology. The idea of transferring money between two parties without a bank’s involvement is revolutionary stuff. Transferring money for charitable purposes is also fraught with middlemen. Charities, just like financial institutions, are beset by… Read More

September 14, 2018 @ 8:50 pm By Samantha Hurst  |  

On Thursday, Ripple announced the National Commerical Bank (NCB) of Saudi Arabia has joined RippleNet. According to Ripple, NCB was the first bank established in the country and, as of today, it is one of the largest financial institutions in the Middle East with more than… Read More

September 14, 2018 @ 10:25 am By Samantha Hurst  |  

Mastercard (NYSE: MA) announced earlier this week it has collaborated with  Microsoft (NASDAQ: MSFT) to launch Mastercard Track, which is described as a unique global trade platform that will simplify and enhance how companies around the world do business with each other. According to Mastercard, the new… Read More

September 14, 2018 @ 8:47 am By Samantha Hurst  |  

Fintech Scotland announced on Thursday it has teamed with Fife College and Fife Council to launch what it claims to be Scotland’s first “Fintech Skills Academy.” According to the organization, this new academy is set to provide highly skilled and qualified applicants for “an industry… Read More

September 13, 2018 @ 9:39 pm By JD Alois  |  

A confluence of events has brought together a series of blockchain /crypto conferences to create the first ever Los Angeles Blockchain Week. Just announced, Crypto Invest Summit, StartEngine Summit, Women of Crypto, Expert Dojo, UCLA and USC have all joined together to create LA Blockchain… Read More

September 13, 2018 @ 12:17 pm By JD Alois  |  

The European Crowdfunding Network (ECN) has launched a new blockchain working group, Exploring Blockchain for Alternative Finance, to identify opportunities and challenges regarding distributed ledger technology. The ECN believes that blockchain “promises to offer the potential to achieve considerable cost savings, efficiencies and resilience.” The Network… Read More

September 13, 2018 @ 6:43 am By Erin Hobey  |  

Bloomio, a blockchain- based equity crowdfunding platform that allows investors to fund startups in return for tokenized shares, has appointed a new board of independent experts to conduct due diligence of  potential strength and scalability of startups applying to raise on the platform. The platform raised an… Read More

September 12, 2018 @ 10:27 pm By Cali Haan  |  

A small town about 2 hours north of Toronto is being forced to pay bitcoins to have access to its computer systems restored by hackers, the Midland Newsroom reports. “In the early hours of Saturday, September 1, the Town of Midland became the victim of… Read More

September 12, 2018 @ 4:05 pm By Samantha Hurst  |  

The Bureau of Consumer Financial Protection announced on Wednesday the new appointments to the Consumer Advisory Board (CAB). According to the Bureau, the newly appointed members include experts in consumer protection, financial services, fintech, community development, fair lending, civil rights, and consumer financial products and services… Read More

September 12, 2018 @ 2:59 pm By Cali Haan  |  

The cryptocurrency market has lost 80% of its value since December 2018, with some altcoins, led by Ethereum, down over 90%. The crash that followed the burst of the dot-com bubble in 2000,  on the other hand, involved a correction of only 78% percent, says… Read More

September 11, 2018 @ 9:44 pm By Cali Haan  |  

Seven suspects have been charged with various crimes related to a series of high-profile equipment thefts from Bitcoin mines in Iceland last year, Modern Consensus reports. The thefts came to the attention of industry aficionados in December last year, but became widely reported internationally in… Read More

September 11, 2018 @ 5:21 am By Erin Hobey  |  

The Waves Platform, a decentralized global platform offering an ecosystem for blockchain developers, has begun its process of activating Smart Contracts on the platform’s MainNet. According to the platform, Waves released a new system protocol for its blockchain, the first stage of the launch of Smart… Read More

September 10, 2018 @ 5:59 pm By JD Alois  |  

Today in a Github post, a group of crypto advocates proposed a new standard for the fast emerging securities token industry. While initial coin offerings (ICOs) have become synonymous with scammy investments and poorly planned business concepts, security tokens are very different. STOs, or security… Read More

September 8, 2018 @ 12:02 pm By JD Alois  |  

Anthony Zeoli, a partner at Freeborn & Peters LLP and long time CI Senior Contributor, has been named to the National Law Journal’s (NLJ’s) list of Cryptocurrency, Blockchain and Fintech Trailblazers. NLJ says the attorneys on their list are individuals who truly have “moved the needle” in… Read More

September 7, 2018 @ 3:13 pm By Cali Haan  |  

You can now roll VIP through Houston, Texas in a Bentley, Bugatti, or Rolls-Royce purchased with Bitcoin from tony Post Oak Motor Cars. It’s just an easier way to do a big deal, says Post Oak owner, Tilman Fertita, who also owns (no biggie) – the Houston… Read More

September 7, 2018 @ 11:32 am By Samantha Hurst  |  

PayPal announced earlier this week it recently surpassed 250 million in the total number of active accounts on its global payments platform. The payments giant reported that this is a very important milestone for its company, and a key marker on its journey to fulfill its… Read More

September 6, 2018 @ 9:37 pm By Samantha Hurst  |  

On Thursday, Merriam Webster announced it added more than 840 new words in the dictionary. The organization reported that words from digital technology are an “important part” of the new list and among those added was fintech. According to Merriam Webster, “Fintech” was first known… Read More

September 6, 2018 @ 7:23 am By Erin Hobey  |  

Last December distributed ledger technology was presented to and approved by the Council of Ministers in France with the caveat that Blockchain may not be used for listed securities as this sector is governed by EU law. The aim was to improve the industry’s transparency, authentication… Read More