Global

January 11, 2019 @ 7:03 am By Cali Haan  |  

A Maltese-Italian actor and model named Davide Tucci has taken to Facebook to warn the public that his face and name are being used in fake Facebook ads, on websites and and in articles to promote Bitcoin-related scams, Malta Today reports. According to Tucci in… Read More

January 10, 2019 @ 2:12 pm By Samantha Hurst  |  

China-based X Financial (NYSE: FXE) announced on Thursday it has engaged Citic AIBank Corp. (AIBank) as its custodian bank. According to X Financial, the appointment is considered a significant step in the company’s strategy to strengthen trust and security in its platform. As previously reported, X Financial… Read More

January 10, 2019 @ 2:00 pm By Cali Haan  |  

Venezuela has formally asked the United States to consult on the sanctions it has imposed on the South American country, including sanctions on its state-issued cryptocurrency, el Petro. The request was also, “circulated to the (WTO) Dispute Settlement Body.” Venezuela claims the “unilateral coercive” sanctions against… Read More

January 10, 2019 @ 11:17 am By JD Alois  |  

Peer to peer lender Bondora is reporting a new record month of loan originations to end the year. According to an email from the online lender, December loan originations topped €8 million for the first time landing at €8.5 million. This a 7% increase over their prior… Read More

January 10, 2019 @ 8:52 am By JD Alois  |  

Wirex, a UK Financial Conduct Authority (FCA) – licensed digital money platform, has partnered with Waves to offer their token. Wirex offers conversion between fiat currency and crypto. Wirex is a payment platform that offers five cryptocurrency wallets – BTC, ETH, XRP, LTC, and now WAVES,… Read More

January 10, 2019 @ 6:33 am By Erin Hobey  |  

This week UK based crowdfunding platform Crowdcube touted its best year to date when measured by multiple metrics; Q4 was said to be the most successful quarter in the history of the platform. Crowdcube channelled 166 million euros in 198 capital campaigns for European companies this… Read More

January 10, 2019 @ 3:04 am By Erin Hobey  |  

The Gibraltar Blockchain Exchange (GBX), an institutional-grade, regulated and insured token sale platform and digital asset exchange, has added Ripple (XRP) to its Digital Asset Exchange (GBX-DAX), an exchange created with the high expectations of professional crypto-traders in mind. “Ripple is a major player within… Read More

January 9, 2019 @ 10:25 pm By Cali Haan  |  

Police and Norwegian media are reporting that the wife of one of Norway’s richest people went missing from her home October 31st, and hasn’t been seen since. According to Norwegian police, “the main hypothesis” is that 68-year-old Anne-Elisabeth Hagen was abducted. Police say they found… Read More

January 9, 2019 @ 6:54 pm By Richard van Hooijdonk  |  

Technology has infiltrated our lives, and the wave of digital disruption has impacted various industries. The finance sector is no exception. Since the industry is becoming more complex, relying on traditional methods is no longer enough. In fact, it can do your business more harm… Read More

January 9, 2019 @ 4:09 pm By Samantha Hurst  |  

PaySend, a UK-based global payments platform, has launched a new service, PaySendLink, which allows consumers to send money internationally using just the recipient’s mobile phone number. As previously reported, PaySend was founded in 2015 and describes itself as a UK fintech company and payments disruptor on a… Read More

January 9, 2019 @ 2:37 pm By Cali Haan  |  

The Riksbank of Sweden has issued a warning to the public that, “On certain websites and in social media, false information is circulating claiming that the Riksbank is selling e-kronas.” The Riksbank also says it has been contacted by individuals saying they have been solicited… Read More

January 9, 2019 @ 12:55 pm By JD Alois  |  

The European Securities and Markets Authority (ESMA) has just published its “Advice” on “Initial Coin Offerings and Crypto-Assets.” In the past, ESMA has issued several warnings regarding crypto-assets and virtual currencies. The Advice outlines ESMA’s position on the issues that exist in the rules within ESMA’s… Read More

January 9, 2019 @ 8:22 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School,  Asian Development Bank Institute and FinTechSpace have formed a partnership to launch the ASEAN Fintech Industry Survey – the first study of its kind. According to CCAF, the research will focus… Read More

January 8, 2019 @ 11:35 pm By Cali Haan  |  

Canaan, the second biggest maker of cryptocurrency mining hardware after Bitmain, may be bringing its bid to go public to a New York exchange after being rejected in Hong Kong, Bloomberg reports. The company may be seeking to sell shares on a US exchange in… Read More

January 8, 2019 @ 10:04 pm By Cali Haan  |  

John Bigatton, a licensed Australian finance professional who promote, Bitconnect, an apparent $2.6 billion USD cryptocurrency Ponzi scheme that collapsed last January, has had his assets frozen by an Australian federal judge and has been banned from traveling, The Sydney Morning Herald reports. Bigatton is… Read More

January 8, 2019 @ 2:00 pm By JD Alois  |  

Fintech Predictions for 2019. Financial innovation continues to evolve at a rapid pace. Startups launch and shutdown with regularity. Traditional financial firms experiment and partner with more agile firms. It’s all about the digitization of finance where services are ubiquitous and instantaneous – all available… Read More

January 8, 2019 @ 12:37 pm By Cali Haan  |  

Police in India say they have arrested the second-in-command of an elaborate crypto fraud that bilked investors out of 5 billion rupees (~$71.6 million USD), The Indian Express reports. The man, Rohit Kumar, has now been charged with cheating, criminal conspiracy and violation of the… Read More

January 8, 2019 @ 8:13 am By Erin Hobey  |  

æternity, the blockchain 3.0 platform, has partnered with weiDex, a decentralized cryptocurrency exchange. The Liechtenstein-Bulgaria partnership includes a $100,000 USD investment that will facilitate the development of the first decentralized exchange by weiDex, which will operate on the æternity blockchain utilizing the protocol’s technological stack…. Read More

January 8, 2019 @ 8:03 am By JD Alois  |  

Kuflink, a peer to peer property lender for short term finance, has expanded its lending team following increasing platform activity. “Following the launch of our quick bridge product at the tail end of 2018, we’ve seen a huge spike in uptake from new brokers as… Read More

January 8, 2019 @ 7:50 am By Erin Hobey  |  

It’s time to eat somewhere… and Seedrs has some live campaigns that will make readers stomach’s growl with hunger! Take Dandy and Seedrs’ alum Eat Square pies… In 2017, after crowdfunding £40,000 on its first Seedrs raise, Eat Square’s reportedly turnover has more than doubled in 2018…. Read More