Global

December 3, 2018 @ 10:38 am By JD Alois  |  

Former Prime Minister of Israel Ehud Barak is not a fan of cryptocurrencies.  According to a report in Globes, Barak considers crypto and Bitcoin one big Ponzi Scam. Barak served as the tenth Prime Minister from 1999 to 2001 and was the leader of the… Read More

December 3, 2018 @ 9:39 am By Samantha Hurst  |  

U.S. fintech startup Kyriba Corp. announced on Monday it has formed a partnership with WorldFirst, a foreign exchange and international payments expert, to expand its global solution ecosystem. According to Kyriba, the partnership with WorldFirst will streamline payment processes, increase the speed and transparency of cross-border payments, and… Read More

December 2, 2018 @ 12:43 pm By JD Alois  |  

Uniti, the Sweden founded electric car manufacturer, will open up their current equity crowdfunding offer to the general public this week. Currently listed on Crowdcube for pre-registered investors, Uniti has raised over £686,000 from 353 investors to date. Uniti is seeking £1 million in funding… Read More

December 1, 2018 @ 7:11 pm By Cali Haan  |  

A purported environmentally-friendly project for the mining of cryptocurrencies in Switzerland has been dissolved by a Swiss court as a result of bitter infighting by founders, Michael Luckow and Matthias Woestmann, Swiss news outlet Handelsblatt reports. A reported 30 000 investors may now have a… Read More

November 30, 2018 @ 4:49 pm By Cali Haan  |  

A raid initiated yesterday at Deutsche Bank headquarters in Frankfurt has continued into today as 170 police, prosecutors and tax officials look for evidence of money laundering described in the Panama papers, Reuters reports. The raid has involved a comprehensive search of the offices of… Read More

November 30, 2018 @ 12:37 pm By Cali Haan  |  

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned the Bitcoin addresses of two Iranians the office says processed Bitcoin ransoms on behalf of Iranian hackers who targeted government and business sites in the US and Canada. Anyone who does… Read More

November 30, 2018 @ 10:09 am By Samantha Hurst  |  

Just days after announcing plans to raise up to £20 million through its upcoming crowdfunding round, UK challenger bank Monzo is now setting the record straight after a media outlet claimed that the startup was lending money to customers to help them purchase shares. According to… Read More

November 30, 2018 @ 9:36 am By Samantha Hurst  |  

Huawei Cloud, a global provider of information and communications technology (ICT) infrastructure and smart devices, announced on Thursday it officially launched its Blockchain Service (BCS) for global use earlier this month, after launching the service for commercial use in China earlier this fall.  The company reported that the… Read More

November 30, 2018 @ 9:25 am By Cali Haan  |  

Increased competition in the “DDos-attack-for-sale” market and sometimes attractive cryptocurrency prices are inclining botnet commanders to switch their priorities towards the dissemination of crypto mining malware, cybersecurity researchers at Kaspersky Lab (KL) claim. In a DDos attack, an infected network of computers called a botnet sends… Read More

November 30, 2018 @ 9:21 am By JD Alois  |  

Australia’s largest online book retailer Booktopia is seeking growth capital and they are raising the funding via an equity crowdfunding offer on Equitise. This is the first time Booktopia is pursuing outside capital. Launched in 2004, Booktotopia is an e-commerce site that sells at least… Read More

November 30, 2018 @ 8:35 am By JD Alois  |  

The newest entrant into the race to provide a scalable blockchain and solve existing network shortcomings is now live. “Roma” by æternity seeks to top current market leaders and challengers in the smart contact / Dapp space. æternity Founder Yanislav Malahov said that after two years… Read More

November 29, 2018 @ 11:11 pm By Samantha Hurst  |  

Digital bank Revolut has acquired licenses to expand in Japan and Singapore. The launch in the Asian countries comes just after the fintech reportedly is planning to raise $500 million through its upcoming Series D funding round. According to CNBC, Revolut reported it received a remittance license… Read More

November 29, 2018 @ 7:15 pm By Cali Haan  |  

Yesterday, the American Justice Department indicted Iranian citizens Faramarz Shahi Savandi, 34, and Mohammad Mehdi Shah Mansouri, 27, for executing remote cyber attacks against 200 American government agencies, municipalities and health care businesses, the Daily Mail reports. The charges were announced by US Deputy Attorney… Read More

November 29, 2018 @ 4:06 pm By JD Alois  |  

Germany based Fintech creditshelf has completed a study entitled “Industrial SMEs and Financing 4.0” (Industrieller Mittelstand und Finanzierung 4.0). Partnering with TU Darmstadt, the research queried 244 board members and managing directors to garner the results this past July. According to the study, SMEs are more… Read More

November 29, 2018 @ 2:27 pm By Cali Haan  |  

Plaintiffs who pressed criminal fraud charges in Cyprus against accused former BTC-e crypto exchange administrator Alexander Vinnick have withdrawn the charges, TASS reports. “A court session of the Limassol District Court was held on November 27, 2018, where the plaintiffs withdrew the action to accuse… Read More

November 29, 2018 @ 12:54 pm By Cali Haan  |  

NTC Services, a consulting firm that assists “data centre” companies looking to establish themselves in Norway, says it has lost a billion dollar client thanks to a recent budget decision by the Norwegian government authorizing an electricity rate hike to local cryptocurrency mining farms, e24… Read More

November 29, 2018 @ 9:15 am By Erin Hobey  |  

Dash, an e-commerce and payments-focused digital currency, has joined forces with the global merchant account and payments processing solutions provider ePaymints. Through the partnership, Dash will work with ePaymints’ clients to integrate Dash as a solution to the current pain points within today’s traditional payments, focusing… Read More

November 29, 2018 @ 4:46 am By JD Alois  |  

Online property lender LendInvest is reporting it has provided an industry leading developer with a £19.3 million loan to fund a large residential development in the South West. From instruction to completion, LendInvest took only 60 days to facilitate the development loan. LendInvest states that this… Read More

November 29, 2018 @ 4:35 am By Cali Haan  |  

  A lawsuit involving a prominent figure in the “thriving” Israeli crypto sector, Moshe Hogeg, has revealed that one of the country’s most famous crypto companies, Invest.com, was formed in part from from a failed Israeli binary options firm sanctioned internationally for fraud, Times of Israel reports. On… Read More

November 29, 2018 @ 3:36 am By Erin Hobey  |  

Helpfulpeeps, a UK P2P social marketplace for local help, currently counts over 175,000 registered members through its iOS, Android and web platforms. In order to reach its aim of “building the future of local services” by using tech to match those who would like help… Read More