Global

November 23, 2018 @ 11:14 am By JD Alois  |  

Platform for tokenized venture capital assets, VNX Exchange, has partnered with the University of Luxembourg’s Interdisciplinary Centre for Security, Reliability and Trust (SnT). The partnership is said to create a new standard of security for the digital assets ecosystem. VNX Exchange says that custody has… Read More

November 23, 2018 @ 10:30 am By Aubrey Hansen   |  

Three years into the smart contract revolution that should have brought us international, completely free and trust-independent markets, the time has come to see how far we’ve gotten and what remains from the grand idea. During its early beginnings, the Ethereum project was often introduced… Read More

November 23, 2018 @ 8:51 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) has published its annual report on the UK alternative finance for 2017. This is the 5th UK benchmarking report CCAF has published. According to the research, overall the sector of finance grew 35% versus the year prior to… Read More

November 22, 2018 @ 5:45 pm By Cali Haan  |  

Until now, “data centres” mining cryptocurrencies in Norway have qualified for the same reduced electricity rates enjoyed by other power-intensive industries- 0.48 øre per kilowatt, rather than 16.58 øre- but that is about to change, Aftenposten reports. The sector has reportedly raised the ire of the local Directorate… Read More

November 22, 2018 @ 3:29 pm By Therese Torris  |  

October (formerly Lendix), the newly rebranded European SME lending marketplace made a splash today with what is probably the most creative promotional campaign in the history of crowdlending. To date, the October platform has facilitated more than €240 million worth of loans to 500 small… Read More

November 22, 2018 @ 11:25 am By JD Alois  |  

InstaReM, a Southeast Asian payments company, has closed on the first $20 million of a $45 million series, according to a report from the company. InstaReM claims to be funding one of the largest Series C rounds for a Fintech in Southeast Asian history. The… Read More

November 22, 2018 @ 10:03 am By Cali Haan  |  

The Bank of France says that a much-publicized decision by its offshoot, The Prudential Supervisory Authority, to allow 3-4000 French tobacconists to start selling Bitcoin “coupons” has not been approved by the central bank itself, Europe 1 reports. According to a statement by the Bank of… Read More

November 22, 2018 @ 8:35 am By JD Alois  |  

The Gibraltar Financial Services Commission (GFSC) has approved a full license to the Gibraltar Blockchain Exchange (GBX) under Gibraltar’s Financial Services Regulations 2018 DLT [distributed ledger technology] framework. GBX is a subsidiary of the Gibraltar Stock Exchange Group (GSX Group). GSX now claims to be the first… Read More

November 22, 2018 @ 8:01 am By JD Alois  |  

Yoyo Wallet has partnered with easyCoffee to provide mobile payments and loyalty app for the company. easyCoffee is in expansion mode planning to open up 200+ locations across the UK over the next three years. easyCoffee is a coffee chain founded by entrepreneur Nathan Lowry… Read More

November 22, 2018 @ 7:27 am By Erin Hobey  |  

Barcelona-based Nanusens nanotechnology company has closed a €1,073,800 financing round through the Crowdcube investment marketplace, aided by a Inveready seed capital fund and 785 private investors. This campaign marked the fifth capital increase carried out by Nanusens.  Caixa Capital Risc Dieco Capital and its shareholders…. Read More

November 22, 2018 @ 6:57 am By Erin Hobey  |  

Happy Thanksgiving to all of our American readers! LATTICE80 is airdropping KAYA tokens to celebrate its first listing on crypto assets trading facility Blocktrade tomorrow. “ICO will end on 30th November,” noted LATTICE80. “We have currently raised $52 million, with a hard cap of $100… Read More

November 21, 2018 @ 6:35 pm By Cali Haan  |  

One of Asia’s largest stock exchanges is putting the breaks on any company already listed this is also looking to issue an ICO (initial coin offering). According to a recent blog post from the Singapore Exchange (SGX), companies already listing traditional equities on the SGX that… Read More

November 21, 2018 @ 5:31 pm By Cali Haan  |  

A representative from the UK Financial Conduct Authority (FCA) told attendees at The Regulation of Cryptocurrencies event in London today that he is concerned that “Complex, volatile and often leveraged derivatives products” built on cryptocurrencies with “underlying market integrity issues” are being marketed to retail… Read More

November 21, 2018 @ 5:14 pm By Cali Haan  |  

The legal rights of a man at the centre of an international tug-of-war have been violated by the Greek justice system, a lawyer for accused BTC-e administrator Alexander Vinnik argued in court this week. “You have violated the rights of Alexander Vinnik, who hasn’t received… Read More

November 21, 2018 @ 6:55 am By Cali Haan  |  

A court case brought against the Central Bank of India for advising Indian banks to stop serving cryptocurrency exchanges has forced the Indian government to produce an affidavit that includes a timeline on when sector regulations can be expected, Quartz reports. The advisory to stop… Read More

November 21, 2018 @ 5:18 am By Therese Torris  |  

At LendItFintech Europe in London this week, CI caught up with Emmanuel de Cazotte who was recently appointed to head Lemon Way Payment Ltd of the newly opened office in London of the European payment processor. Lemon Way is a payment solution specialized in serving… Read More

November 21, 2018 @ 3:45 am By Cali Haan  |  

According to three sources to Bloomberg, a broad investigation into manipulation of cryptocurrency markets initiated last year by the US Department of Justice is now focussing on alleged Bitcoin price manipulation by creators of the Tether cryptocurrency and its origin exchange, Bitfinex. The two businesses are… Read More

November 20, 2018 @ 8:56 am By JD Alois  |  

CYBG has committed to fund up to £400 million of personal loans, subject to certain conditions, on Salary Finance. CYBG is a consortium of financial firms including Clydesdale Bank, Yorkshire Bank and Virgin Money. Salary Finance is a platform that connects to the payroll of employers… Read More

November 20, 2018 @ 8:02 am By JD Alois  |  

With just three days left in their self-crowdfunding campaign (unless they extend), Crowdcube has booked over £7.1 million at a pre-money valuation of £73.7 million. Crowdcube has self-crowdfunded their company several times in the past. According to the campaign page, 2322 investors have backed this most recent… Read More

November 20, 2018 @ 7:29 am By Erin Hobey  |  

In October Digital Brands Group, a curated group of digital-first lifestyle brands and the parent company to Direct2Consumer brand DSTLD, secured more than $1 million in investments after only five days into its Reg A+ campaign on SeedInvest, the company’s second equity crowdfunding round with SeedInvest with more… Read More