March 7, 2022 @ 8:55 pm By Omar Faridi  |  

Addepar, a software and data platform “purpose-built” for investments, recently revealed that Eric Daniels has joined the firm as Chief Financial Officer. Daniels reportedly brings over 20 years of financial and operations executive leadership experience to Addepar, “with a focus on SaaS and data information… Read More

March 7, 2022 @ 6:59 pm By Omar Faridi  |  

Luna Foundation Guard, which secured $1 billion to establish a Bitcoin reserve for the UST stablecoin, has confirmed that the funding would be channeled towards creating a new reserve that may serve as a release valve for UST redemptions at the time of selloffs in… Read More

March 7, 2022 @ 6:56 pm By JD Alois  |  

EY and Deloitte have joined their main competitors KPMG and PWC in exiting operations in Russia due to its invasion of Ukraine. EY explained in a series of tweets that it would continue to support its colleagues with financial support and more while ceasing operations…. Read More

March 7, 2022 @ 4:32 pm By Omar Faridi  |  

NYDIG says it is committed to partnering with banking institutions to integrate Bitcoin into their products. Landry’s, Inc., the owner/operator of more than 65 brands with over 600 locations internationally, recently noted that Select Club members will now be able to earn Bitcoin points “when… Read More

March 7, 2022 @ 4:31 pm By JD Alois  |  

Towards the end of 2021, NowRX announced a Series C funding round on the securities crowdfunding platform SeedInvest. The Reg A+ offering was seeking preferred equity at a pre-money valuation of $275 million. Today, the offering is still live and over 5100 individual investors have… Read More

March 7, 2022 @ 4:16 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has posted its agenda for its upcoming meeting of the Investor Advisory Committee which will take place this week. The Committee has scheduled two-panel discussions: the first is about ethical artificial intelligence and “Robo-adviser” fiduciary responsibilities, and the second… Read More

March 7, 2022 @ 4:02 pm By JD Alois  |  

The UK Financial Conduct Authority (FCA) has issued a statement pertaining to EQONEX Limited and the Binance Group stating that Bifinity will advance a USD $36 million in a convertible loan to EQONEX. EQONEX is a firm based in Singapore that is listed on the NASDAQ… Read More

March 7, 2022 @ 3:14 pm By Omar Faridi  |  

Genesis Global, an international financial markets software company “with a difference, offering a fresh approach in software innovation,” notes that its platform powers application development with “the speed, performance & flexibility today’s financial institutions need.” With highly composable and customizable components, financial markets firms can… Read More

March 7, 2022 @ 3:11 pm By JD Alois  |  

In light of Russia’s invasion of Ukraine and the ensuing sanctions applied by the US government, the New York Department of Financial Services (DFS) has moved to shore up its ability to apply sanctions by expediting the purchase of blockchain technology. According to a statement… Read More

March 7, 2022 @ 12:05 pm By JD Alois  |  

Moody’s has downgraded Russia’s long-term issuer and senior unsecured debt ratings to Ca from B3. Moody’s said the “outlook is negative.” Obviously, this is due to the catastrophic leadership of President Vladimir Putin and his decision to invade Ukraine and its unprovoked war with the… Read More

March 7, 2022 @ 11:46 am By JD Alois  |  

Digital security marketplace tZERO ATS has started trading Myra Park, a property development in Dallas, Texas. Myra Park is being developed by MarketSpace Capital and is said to be the first security to commence trading on tZERO ATS following the launch of its self-clearing operations…. Read More

March 7, 2022 @ 11:10 am By Omar Faridi  |  

Wealth at Work,  a financial wellbeing and retirement specialist, has reportedly appointed Jerome Gudgeon to serve as its Chief Information Technology Officer. Due to strong demand for its all-digital services, WEALTH at work is focused on innovating further to ensure customers are able to benefit… Read More

March 7, 2022 @ 11:06 am By JD Alois  |  

European investment platform, Estateguru has announced the launch of its services in the UK while opening an office in Manchester. Estateguru is based in Estonia but has long operated across Europe including Germany, Spain, Portugal, Finland, and, of course, Estonia. The company is known for… Read More

March 7, 2022 @ 10:53 am By JD Alois  |  

Two of the largest consulting/accounting firms in the world have cut ties with Russia due to the country’s unprovoked war with Ukraine. KPMG, which also announced it would stop interaction with Belarus – a staunch Russian ally and launch spot for much the military action… Read More

March 7, 2022 @ 10:42 am By Omar Faridi  |  

Binance Labs, the VC division and innovation incubator of Binance, has reportedly invested $1.1 million in AlwaysGeeky Games, which is the creator of an NFT project called Voxies and game called Voxies Tactics. Binance Labs and AlwaysGeeky Games will “maintain a long-term partnership to further… Read More

March 7, 2022 @ 9:45 am By JD Alois  |  

DraftKings (Nasdaq: DKNG) has joined the Polygon ecosystem as a validator and node operator, according to a company release. DraftKings is a publicly-traded sports betting company with a valuation of around $8 billion. The relationship is via a collaboration with Zero Hash that enables DraftKings… Read More

March 7, 2022 @ 9:07 am By Omar Faridi  |  

Hong Fang, CEO at digital asset firm Okcoin, notes that it has been a really “tough week” for a lot of us, “especially those who are in Ukraine (and Russia), or have families affected by this invasion and horrible unrest.” Fang writes in a blog… Read More

March 7, 2022 @ 9:03 am By JD Alois  |  

Accelerated Payments, an invoice financing provider, has announced the appointment of Neil McMillan as Head of North America – based in Toronto. According to a statement distributed by Accelerated Payments, McMillan brings more than 20 years of experience leading teams for fast-growing firms providing finance… Read More

March 7, 2022 @ 8:53 am By Omar Faridi  |  

Viritech, a Cleantech investment opportunity in the global hydrogen economy, has raised 141% (£1,414,140) of its £1,000,000 target via Crowdcube from 772 investors (at the time of writing) with 11 days left in the firm’s crowdfunding campaign. Viritiech claims that it has “a world-class engineering… Read More

March 7, 2022 @ 8:48 am By JD Alois  |  

Linked Finance, a peer-to-peer lending platform serving SMEs in Ireland, has announced the launch of a new service allowing clients the ability to borrow against card payments. According to Linked Finance, Merchant Cash Advance will allow businesses to borrow a lump sum and then repay… Read More