August 17, 2018 @ 11:55 am By JD Alois  |  

The UK Competition and Markets Authority (CMA), in collaboration with the Financial Conduct Authority (FCA), published a report this week that chastised banks for their poor service and lack of transparency. As part of an ongoing initiative to improve financial services for both consumers and… Read More

August 17, 2018 @ 7:57 am By JD Alois  |  

The Competition and Markets Authority (CMA), in conjunction with the Financial Conduct Authority (FCA), have demanded that traditional banks improve their services. The admonition comes following an independent survey of both personal and small business accounts that indicates banks are falling short when it comes… Read More

August 17, 2018 @ 6:55 am By JD Alois  |  

Crowdcube, a leading UK crowdfunding platform, has topped £500 million in “pledged investment” for listed early stage and growth firms. The company reports that half a billion pounds pledged has resulted in 700 successful funding rounds which include some high profile names. Crowdcube was founded… Read More

August 16, 2018 @ 11:42 pm By Cali Haan  |  

Researchers at Germany’s top technical university in Aachen have conducted what they claim is the, “first in-depth study of the prevalence and economics of browser-based mining as a new web business model,” and have found that mining crypto on website visitors’ browsers could prove a profitable… Read More

August 16, 2018 @ 4:54 pm By Cali Haan  |  

IT directors at 750 companies with 250 or more employees in the UK are reporting a steady increase in attempted “crypto-jacking” attacks on enterprise computer systems, with 30% of all companies reporting attacks in May, the month the survey was conducted. The findings were determined… Read More

August 16, 2018 @ 1:14 pm By Erin Hobey  |  

More information is now available since Crowdfund Insider first covered Bitmain’s IPO reveal in late July. Bitmain Technologies Ltd., the world’s biggest cryptocurrency mining chip producer, has a Hong Kong IPO in the works for a September launch that could reportedly raise as much as… Read More

August 16, 2018 @ 10:40 am By JD Alois  |  

The Liechtenstein Cryptoassets Exchange (LCX) has announced its intent to launch a portfolio of services for digital assets. The new exchange will be built in partnership with Binance to provide a fiat to crypto exchange. The new exchange, entitled Binance LCX, will also include crypto custody…. Read More

August 16, 2018 @ 2:00 am By JD Alois  |  

Copper.co is now offering a custody solution for institutions investing in digital assets. The crypto portfolio management platform says it is offering the “industry’s first server less” co-sign custody solution. Copper management says it expands the crypto market by making transactions safer and less prone… Read More

August 15, 2018 @ 6:05 pm By Cali Haan  |  

The Venezuelan government plans to issue a new paper currency called ‘the sovereign’ next Monday, August 20th, and the new currency will be pegged to that nation’s new cryptocurrency, ‘el petro.’ The latest news comes on the heels of a story CI reported yesterday about… Read More

August 15, 2018 @ 1:35 pm By JD Alois  |  

At the beginning of July, a new blockchain startup in Malta was announced. Malta, being one of the most crypto friendly countries around, has become host to multiple exchanges and blockchain startups. In an industry not known for being humble, Palladium was revealed as the… Read More

August 15, 2018 @ 12:52 pm By Samantha Hurst  |  

Singapore-based blockchain asset financial service provider and crypto exchange Huobi announced on Wednesday it has entered into a strategic partnership and invested in U.S.-compliant security token trading platform, OpenFinance Network. According to Huobi, the new partnership will introduce both platforms to new markets and allow collaboration… Read More

August 15, 2018 @ 8:05 am By JD Alois  |  

The UK government has announced the names of three Fintechs that have won their “Rent Recognition Challenge.” The competition was simple: find a way to incorporate rent within credit scores to make it easier for renters to gain a mortgage. The three firms are: Bud:… Read More

August 14, 2018 @ 11:15 pm By JD Alois  |  

FinTech Australia has shared that the Victorian Government will increase its support for Fintech by signing on to be the major sponsor of Intersekt for the next two year.  Intersekt is billed as the leading Fintech event in Australia. “The Victorian Government and Minister Dalidakis… Read More

August 14, 2018 @ 10:58 pm By JD Alois  |  

FundedByMe, a multi-national investment crowdfunding platform, has appointed Emma Levén as the new group CFO. This new role is part of FundedByMe’s ongoing expansion plans. Levén, previously CFO at Swedeltaco AB, has a background in international growth and public offerings and is described as a… Read More

August 14, 2018 @ 10:10 pm By Cali Haan  |  

Reuters is reporting that the Government of Venezuela is seeking to amend the 1999 version of the country’s constitution so it can set up a special central bank to manage the country’s new national cryptocurrency, El Petro. According to a loose translation, National Constitutional Assembly Member… Read More

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 @ 11:21 am By JD Alois  |  

Binance, one of the largest cryptocurrency exchanges in operation, has launched the Binance Academy to further education about crypto and blockchain. The service is said to provide “free resources to the next generation of blockchain enthusiasts.” The academy is an open-access platform that “will tackle… Read More

August 14, 2018 @ 7:47 am By Chris Hancock  |  

The Financial Conduct Authority will Update Rules for Loan Based Crowdfunding. Crowd2Fund CEO Chris Hancock Shares His Perspective. The growth and success of P2P lending, and its positive effect on the UK economy, cannot be disputed. Initially starting out as curiosity during the depths of… 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