Uncategorized

May 24, 2019 @ 2:54 pm By Cali Haan  |  

A spokesperson for Switzerland’s largest stock exchange, the Zurich-based SIX Exchange, has confirmed in an email to Coindesk that SIX is developing a “stablecoin” pegged to the Swiss franc for use on the company’s forthcoming digital asset exchange: “Yes, we are currently working on a… Read More

May 13, 2019 @ 8:40 pm By Samantha Hurst  |  

Bithumb announced on Monday the launch of its new global cryptocurrency exchange. According to Bithumb, the exchange will be incorporating multiple fiat currency trading pairs, as well as perpetual futures trading, with leverage up to 100 times. Bithumb explained: “The Open Beta version allows users… Read More

May 8, 2019 @ 4:08 pm By JD Alois  |  

Real estate crowdfunding platform CrowdStreet has shared some interesting news. According to the platform, sponsor J.Jeffers & Co. raised $10 million on CrowdStreet in just 80 minutes. In total, $14 million was raised in a day ($16.7 million in total offers were submitted). This is… Read More

April 24, 2019 @ 9:02 am By Samantha Hurst  |  

TrueLayer, a computer software company that enables companies to capitalize on new open banking initiatives in the UK, announced on Wednesday it has formed a new partnership with ANNA Money. According to TrueLayer, the partnership will enable ANNA to provide its customers with enhanced open… Read More

April 18, 2019 @ 8:12 am By Erin Hobey  |  

Last week, when Crowdfund Insider covered Crate Brewery’s Crowdcube campaign,  several successful beer crowdfunding campaigns were highlighted, including BrewDog, Garage Beer, Sly Fox, BeerBods, The Bottle Shop. On Crowdcube alone, Chadlington Brewery, Crowns and Hops Brewing Co, Redwell Brewery and Crate Brewery are currently raising funds. Lots of… Read More

April 3, 2019 @ 1:08 pm By Samantha Hurst  |  

KBC Banking Group announced on Tuesday it has partnered with Fitbit to launch Fitbit Pay services in Belgium. According to KBC, all KBC, CBC and KBC Brussels customers who have a Fitbit smartwatch or activity tracker may now use it to pay in shops that… Read More

April 2, 2019 @ 10:21 pm By Cali Haan  |  

A number of high-profile ransomware attacks in the early months of this year have put a spotlight on the importance of firms working to prevent them. In March, operations at Norwegian aluminum producer Norsk Hydro and American chemical companies Hexion and Momentive were interrupted by… Read More

April 1, 2019 @ 10:29 am By JD Alois  |  

Stamplay is a company that previously raised capital online at Seedrs. Today, it is part of Apple (NASDAQ:APPL). The Italian startup was purchased for €5 million (£4.28M or $ 5.6M), according to a write up in Isole24Ore. The founders and employees are now a part… Read More

March 18, 2019 @ 8:18 am By JD Alois  |  

Peer-to-peer property lender CrowdProperty has launched an equity crowdfunding offer on Seedrs. The campaign has quickly topped the minimum target of £600,000 for a 3.68% equity stake in the platform. CrowdProperty has a pre-money valuation of £15.7 million. In 2017, CrowdProperty listed a pre-Series A… Read More

March 15, 2019 @ 9:34 pm By Samantha Hurst  |  

Just weeks after securing a £100 million grant from the Capability and Innovation Fund (CIF), UK-based banking platform Starling Bank announced it is set to create 150 jobs in its new Southampton office. According to Starling Bank, the office will be open by the summer… Read More

March 14, 2019 @ 1:17 pm By Erin Hobey  |  

The Interchain Foundation, a Swiss non-profit foundation supporting research and development for secure and scalable open-source software, has launched Cosmos Network, a decentralized network of independent, scalable and interoperable blockchains. The Foundation views the Cosmos Network as the next step in the evolution of blockchain… Read More

March 13, 2019 @ 8:06 pm By Cali Haan  |  

As part of its ongoing measures against the “illegitimate regime” of Nicolas Maduro in Venezuela, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned Evrofinance Mosnarbank, “a Moscow-based bank that is jointly owned by Russian and Venezuelan state-owned companies.” According… Read More

March 8, 2019 @ 9:02 am By Cali Haan  |  

The Canada Revenue Agency (CRA) has confirmed with Forbes that it is actively auditing over 60 cryptocurrency users/traders considered “highest risk files.” The media outlet also claims that “multiple sources” have confirmed they are the subject of the audits, which involve having to fill out… Read More

March 7, 2019 @ 11:22 am By Erin Hobey  |  

The largest German crowdfunding platform Companisto is in the midst of an INVEST grant self-funding round, the platform’s own equity investment. To date, over €4,420,000, overfunding by 164%, has been raised by more than 448 investors. The amount continues to increase with each click through…. Read More

March 2, 2019 @ 7:42 pm By Cali Haan  |  

Owners of the Kraken cryptocurrency trading platform are offering a $100 ooo USD reward for information that may help recover $190 million USD in funds lost by the Canadian crypto platform QuadrigaCX. Quadriga CX fell apart in January following the untimely death of CEO Gerald… Read More

February 19, 2019 @ 8:18 am By Erin Hobey  |  

Mambu, a Berlin-based fintech SaaS banking platform, has raised $34 million (30 million euros) in a funding round led by U.S. investment firm Bessemer Venture Partners. Action Capital, CommerzVentures, Point Nine Capital and Runa Capital also participated in the round. Mambu will use the funding to invest… Read More

February 6, 2019 @ 2:03 pm By Samantha Hurst  |  

Modular contemporary company nHouse has successfully secured its initial £200,000 funding target through its latest equity crowdfunding campaign on Crowdcube. The funding round was launched in November, just a little over a year after nHouse secured £984,110 through its first Crowdcube initiative. As previously reported, nHouse creates spacious, high-tech,… Read More

January 24, 2019 @ 11:29 am By Cali Haan  |  

The rumoured appointment of a new CEO at cryptomining giant Bitmain does not appear to have enhanced the company’s prospects of going public in Hong Kong, South China Morning News reports. Responding generally to media questions about cryptomining firms seeking IPOs in Hong Kong, Charles… Read More

January 23, 2019 @ 9:59 am By Samantha Hurst  |  

Dash Financial Technologies, a New York-based fintech that specializes in order routing transparency, visualization, and customization solutions, announced on Wednesday it has appointed Scott Patrick as its new Chief Financial Officer. According to Dash Financial, Patrick has 25 years of experience in financial services and financial technology… Read More

January 22, 2019 @ 10:52 pm By Cali Haan  |  

Blockchain data analysis firm Elementus has published stunning claims regarding last week’s hack on the New Zealand Cryptopia cryptocurrency exchange. Little information regarding the scope or nature of the attack has so far been issued by Cryptopia itself or New Zealand police. Two days ago,… Read More