General News

August 14, 2018 @ 6:02 pm By JD Alois  |  

Even the Organization for Economic Cooperation and Development (OECD) is interested in blockchain these days. The international organization that is focused on promoting policies that will improve the economic plight of everyone around the world has scheduled a blockchain event in Paris for this September…. Read More

August 14, 2018 @ 4:29 am By Erin Hobey  |  

Producing over two million Smoothie Kits, PACK’D is a natural nutrition brand on a mission to fuel potential. Grown from a Prince’s Trust market stall to one of the UK’s ‘Top 50 Startups’, the company now has over 1500 product listings including Sainsburys and Ocado…. Read More

August 14, 2018 @ 3:50 am By Erin Hobey  |  

In July CipherTrace published a report on crypto theft and money laundering during Q2 2018 detailing a spike in crypto crime as thefts of digital assets via wallets and exchanges jump in value; as one may expect, money laundering is also a growing problem.  The CipherTrace 2018… Read More

August 13, 2018 @ 2:04 pm By Cali Haan  |  

A well-known Quebec-based “cryptoevangelist” and YouTuber called Adam Guerbuez claims that an “ethereum giveaway” scammer soliciting via a bot on Twitter has claimed he or she is skimming up to $100 ooo in Ether (ETH) from “mooches” (targets) per day. The story is related in… Read More

August 12, 2018 @ 9:50 pm By JD Alois  |  

The Bureau of Consumer Financial Protection (previously known as the CFPB) has reported that a federal district court in the Western District of Missouri has entered an Order effectuating a settlement between the Bureau  and Richard Moseley, Sr., Richard Moseley, Jr., and 20 interrelated corporate… Read More

August 11, 2018 @ 12:39 pm By JD Alois  |  

Deloitte Germany has published research on the crowdfunding sector and when it comes to comparing new forms of online capital formation and old banks – banks win. That is, at least in the eyes of the Deloitte research. Deloitte states that when it comes to… Read More

August 10, 2018 @ 9:21 pm By Samantha Hurst  |  

Scottish crowdfunded brewery BrewDog announced earlier this week it has continued its global expansion with the launch of its first bar in Seoul, South Korea. According to the brewery, this new bar is located in the Itaewon region of the city. BrewDog reported that the Itaewon bar will… Read More

August 10, 2018 @ 12:33 pm By JD Alois  |  

Shares in Overstock (NASDAQ:OSTK) moved higher today following a much anticipated Q2 earnings call yesterday after market close that provided not only operational guidance but added perspective on the emerging blockchain based segment of the business. In an extended call, Overstock founder Patrick Byrne shed… Read More

August 10, 2018 @ 10:35 am By Cali Haan  |  

Hackers with poor spelling annoyed one of the world’s largest golf promoters this week by seizing some relatively benign files and demanding a bitcoin ransom for their return, Golfweek reports. On Tuesday, staff at the Professional Golfer’s Association of America  (PGA) tried to access computer… Read More

August 10, 2018 @ 9:41 am By Samantha Hurst  |  

Digital banking solutions provider, Q2 Holdings, Inc. (NYSE: QTWO) has entered in an agreement to acquire California-based Cloud Lending, Inc., a privately-held SaaS company that provides an integrated end-to-end lending and leasing platform. According to Q2, the transaction has been approved by the boards of directors of both… Read More

August 9, 2018 @ 12:00 pm By Samantha Hurst  |  

Russian banking firm Sberbank announced on Thursday it is set to invest RUB 27 million in six start-ups, created by employees through its in-house accelerator program, Sber#Up. According to Sberbank, Sber#Up in-house accelerator is a program that offers all the banking group’s employees support to create their… Read More

August 9, 2018 @ 7:50 am By Erin Hobey  |  

No Eats ‘Til Brooklyn? Riffing on the Beastie Boys’ “No Sleep ‘Til Brooklyn” on this new revenue sharing Wefunder campaign which plans to bring back to life the historic and beloved Brooklyn restaurant Gage & Tollner. Gage & Tollner, once known for its stunning Gilded-Age dining room and its… Read More

August 9, 2018 @ 6:40 am By Erin Hobey  |  

Nova Credit, started as a Stanford graduate research project in 2015, has quickly gained ground as a cross-border credit reporting agency aiming to solve the problem of credit access for immigrants and underbanked.  The platform will begin serving immigrants from South America through partnering with the Brazilian credit bureau… Read More

August 8, 2018 @ 11:51 pm By Cali Haan  |  

The latest cybersecurity report from Accenture says that, “nation-state-sponsored cyberattacks (emanating from Iran have) grown, and this is likely to continue.” The report also claims that Iranian hackers are becoming more adept at cyberattacks involving cryptocurrencies, including mining malware attacks (where hackers create “botnets” of… Read More

August 7, 2018 @ 1:06 pm By Samantha Hurst  |  

Credit card giant Visa (NYSE: V) announced on Tuesday it has invested and partnership with Israel startup Behalf to support small business growth through easy-to-access capital and financing. The company reported that this partnership and investment is part of its $100 million Visa FinTech Investment Program. Founded in… Read More

August 7, 2018 @ 12:56 pm By Cali Haan  |  

Researchers at digital security firm Duo Security claim to have uncovered, “a sophisticated cryptocurrency scam botnet consisting of at least 15,000 bots,” broadcasting cryptocurrency giveaway and other scams on Twitter. The company made the claim in a paper released yesterday, two days ahead of a… Read More

August 5, 2018 @ 10:36 am By JD Alois  |  

KPMG has published their Pulse of Fintech report highlighting global Fintech activity for the first half of 2018. According to KPMG, global investment in Fintech is going gangbusters as “Fintech market activity worldwide gained momentum during the first half of the year as the geographic… Read More

August 3, 2018 @ 9:00 am By Samantha Hurst  |  

Square announced this week the launch of its Square Reader SDK, which is described as a complete toolkit that enables developers to reimagine the checkout experience for both sellers and buyers. The fintech firm reported that Square Reader SDK is a set of developer tools… Read More

August 2, 2018 @ 7:56 am By Erin Hobey  |  

Cierzo Brewing Co., the joint project of 4 artisanal beer companies in Aragon, has partnered with Crowdcube Spain to raise funds in oder to create grow its brand nationally in Spain and then internationally.  Funding will be used for the construction of a Cierzo’s second… Read More

August 2, 2018 @ 3:48 am By JD Alois  |  

Even while the parliamentary Brexit soap opera continues and elected officials debate the optimal strategy to cut the best deal with Brussels, UK SMEs remain resolute in their focus to move onward and upward whether they are are part of the EU or not. This… Read More