Global

May 17, 2018 @ 6:37 pm By Cali Haan  |  

    In a morning talk Monday at the massive cryptocurrency conference Consensus, economist James Bullard, President and CEO of the Federal Reserve Bank of St. Louis, challenged the vision of a muliti-coin paradise espoused by ICO (Initial Coin Offering) marketers. His thesis in a… Read More

May 17, 2018 @ 12:36 pm By Erin Hobey  |  

Indorse, a blockchain-powered social network for professionals, has partnered with ICOCrunch, an independent research platform that showcases ICO projects. Through this partnership, Indorse will help ICOCrunch add an “additional layer of legitimacy” to projects on the platform. Once a project has been verified through Indorse,… Read More

May 17, 2018 @ 12:04 pm By Erin Hobey  |  

Jirnexu is in the money, as the old song goes. The Kuala Lumpur-based financial services provider has nabbed US$11 million in a Series B finding round led by SBI Group and new investor SIG Asia Investments, according to Tech in Asia. The new funding will be… Read More

May 16, 2018 @ 10:49 am By JD Alois  |  

Marcus, a fast emerging digital only challenger bank, is poised to enter the UK market and then cross the channel to set up operations in Germany. This is according to multiple reports as the erstwhile online lender leverages its successful US tech in other markets…. Read More

May 15, 2018 @ 6:44 pm By JD Alois  |  

Shyft has announced that an Memorandum of Understanding (MOU) with the Government of Bermuda. Bermuda has recently embraced the potential of facilitating blockchain technology and the issuance of cryptocurrency. Shyft said that Bermuda is a “pioneer” in tech leading the way for others. Simultaneously, Shyft announced… Read More

May 15, 2018 @ 12:31 pm By Erin Hobey  |  

Tech Bureau, a blockchain software and services provider, has released mijin v.2, also known as Catapult, a full-featured, blockchain engine delivering a new version of the NEM protocol for both public and private networks for enterprise. The company is also launching a self-service, on-demand developer… Read More

May 15, 2018 @ 12:06 pm By Erin Hobey  |  

Swarm, a blockchain for private equity, has opened an investment opportunity in the FarmCoin pan-African financial and commodities ecosystem via its marketplace. This will give investors not only a unique investment opportunity in one of the prime “unbanked” global markets, but also the chance to… Read More

May 15, 2018 @ 12:00 pm By Olga Feldmeier  |  

There has been a lot of hype about initial coin offerings (ICOs) recently, but the truth is that many are failing to hit their target and raise funds for their promoters. Many fail because of their sheer lack of potential. However, many ICOs also fail… Read More

May 15, 2018 @ 11:34 am By Erin Hobey  |  

ALAX, a Hong Kong and Geneva based mobile game distribution platform, has raised US$3.8 million from its token-based fundraise. With its fresh funding, ALAX plans to strengthen its commitment toward bringing quality mobile gaming content to Asia. Funding will also help drive product development, international… Read More

May 15, 2018 @ 7:08 am By JD Alois  |  

UK Peer-to-peer lending platform RateSetter has topped the milestone of returning £100 million in pre-tax interest payments to its investors. RateSetter reports accomplishing this without any individual investor losing a penny. Launched in October 2010, RateSetter now claims over 500,000 customers. From the investing side, more than… Read More

May 14, 2018 @ 5:48 am By JD Alois  |  

Kapital Boost, a Sharia based peer to peer platform, and Global Entrepreneur Professional (or Genpro), have announced a new partnership to support the development of SMEs in Indonesia. The collaboration will see Kapital Boost providing funding to Genpro’s members who qualify and demonstrate strong growth… Read More

May 14, 2018 @ 5:38 am By JD Alois  |  

Latvian Fintech Mintos is reporting a profit in its brief three year old history. According to the company, the global online marketplace for loans has seen their revenue increase more than four-fold in 2017 to € 2.1 million generating a net profit for the year of €… Read More

May 14, 2018 @ 2:00 am By JD Alois  |  

Banco BNI Europa, a digital challenger bank based in Portugal, has partnered with Lendrock in Spain to provide financing to consumers looking to buy a car. Banco BNI said it will invest up to €15 million on this online financing platform that specializes in near… Read More

May 13, 2018 @ 4:43 pm By JD Alois  |  

Bloomberg is out with a report that some wealthy investors are “hoarding” Bitcoin in bunkers deep underground the amount is said to be hovering around $10 billion representing 7% of Bitcoin’s float. Xapo, the “Fort Knox of Bitcoin,” has raised $40 million from big name VC’s… Read More

May 11, 2018 @ 7:43 am By JD Alois  |  

Mintos, a European marketplace for  peer to peer loans, is a leader in Continental Europe with an estimated 39% market share. Today, Mintos has announced a significant next step by listing their first UK originator – thus expanding into the most robust P2P market in… Read More

May 11, 2018 @ 1:38 am By JD Alois  |  

BTC.com, a prominent platform for cryptocurrency users (that is affiliated with Bitmain), has announced the BTC.com mobile wallet will be the first cryptocurrency app released on Huawei’s AppGallery. The BTC wallet claims to have more than one million users, having processed USD$ 5 billion since… Read More

May 10, 2018 @ 11:08 pm By Cali Haan  |  

Right now, overhead, four satellites broadcasting the Bitcoin blockchain drift in the Earth’s atmosphere over North and South America, Africa and Europe. Only East Asia, Australia and Polynesia are still dark. The presence of Bitcoin satellites in the atmosphere was announced August 15th, 2017 by… Read More

May 10, 2018 @ 6:02 pm By JD Alois  |  

On May 4th, the government of Anguilla announced the “world’s first” blockchain token offering registration process for “utility tokens.” The Anguilla Utility Token Act or “AUTO Act,” is designed to facilitate clearly defined utility tokens that do not have a feature of a security. Anguilla… Read More

May 10, 2018 @ 12:30 pm By Erin Hobey  |  

Just last week, Streamr, the blockchain-backed data platform, partnered with Singapore-based Fysical to “reshape” human location data market. Today Streamr announced an ongoing partnership with Hewlett Packard Enterprise, one of the world’s leading technology solutions and innovation companies. The partnership has been formed to integrate the technology… Read More

May 10, 2018 @ 11:53 am By Erin Hobey  |  

Last December Bloomberg added Cryptocurrencies to its globally ubiquitous Terminals. Now, Bloomberg and Galaxy Digital Capital Management LP, a digital asset management firm founded by Michael Novogratz, have launched the Bloomberg Galaxy Crypto Index (BGCI). The index is designed to track the performance of the… Read More