January 17, 2022 @ 12:19 pm By Omar Faridi  |  

A CertiK security analysis has found that over 50 so-called decentralized finance (DeFi) and non-fungible token or NFT projects may have “critical” vulnerabilities. CertiK wrote in a blog post that they “feel obligated to share these insights” with their community members. According to the blockchain… Read More

January 17, 2022 @ 12:17 pm By JD Alois  |  

Stephan Moore, a well-known economist who is a distinguished Visiting Fellow at the Heritage Foundation, WSJ editorial board member, and at one time considered as a Federal Reserve Governor, has joined blockchain firm PraSaga as Chief Economist. Moore issued the following statement on the news:… Read More

January 17, 2022 @ 11:40 am By Omar Faridi  |  

The team at Tide notes that if you starting a company for the first time, then it’s really important to take legal advice so that you can “ensure you are protecting your business from the start.” Tide has partnered with LawBite, the online legal platform,… Read More

January 17, 2022 @ 11:36 am By JD Alois  |  

SaveLend Group has announced the hiring of Olle Asplund as Chief Product Officer as part of an expansion plan. According to SaveLend, Asplund will focus on business development, strategically as well as operationally. Starting in April, He will also be in charge of structuring new… Read More

January 17, 2022 @ 10:55 am By JD Alois  |  

Redefine, an Israel-based blockchain security startup, has raised an $11 million seed round for its “crypto firewall.” Redefine previously raised a pre-seed round of $3 million in June of last year led by More VC and Accomplice Blockchain. This new round, which included the early… Read More

January 17, 2022 @ 10:29 am By JD Alois  |  

Towards the end of 2021, Amazon UK distributed an email to its customers stating it would stop accepting Visa cards for purchases beginning January 19, 2022. Today, it is being widely reported that Amazon has backed away from that decision. According to AP, Amazon has… Read More

January 17, 2022 @ 9:09 am By Omar Faridi  |  

Ontology, the project that aims to bring trust, privacy, and security to Web 3.0 via decentralized identity and data solutions, recently announced the opening of a new European office in Berlin, Germany. As mentioned in an update shared with CI, Ontology’s move reflects its alignment… Read More

January 17, 2022 @ 8:54 am By Omar Faridi  |  

Croatian P2P lender Robo.cash notes that 20% of peer-to-peer investors have a job in the IT & Digital industries. At the same time, the share of customers “with minimal income has decreased to make way for ‘richer’ investors with bigger average earnings,” the management at… Read More

January 17, 2022 @ 8:52 am By Omar Faridi  |  

The term “gray market” might conjure up images of “nefarious” actors exchanging cash in “shadowy alleys,” the team at American Fintech Ripple writes in a blog post. In reality, however, gray markets have become an “unfortunate necessity” for those entities that may lack the financial… Read More

January 17, 2022 @ 3:39 am By Omar Faridi  |  

Beth Kurteson, MD at digital assets firm Gemini, notes that the company is committed to tapping into the future of financial, creative, and “personal freedom” via crypto. Beth writes in a blog post that central to that effort is the work they do “to support… Read More

January 17, 2022 @ 2:34 am By Omar Faridi  |  

TaxScouts, which claims to be on a mission to make sorting taxes “affordable and effortless,” has raised 165% (£1,652,047) of its £1,000,000 target from 597 investors (at the time of writing) via Crowdcube with 24 days left in the firm’s crowdfunding campaign. TaxScouts reveals that… Read More

January 17, 2022 @ 1:46 am By Omar Faridi  |  

In December 2021, online lender Bondora reports having a “stable” month in terms of investments, despite declines from November. As noted in an update from Bondora, €16,511,772 was invested “across the platform—an 18.6% drop from November.” This is, however, the third-highest amount invested in 2021,… Read More

January 17, 2022 @ 12:56 am By Omar Faridi  |  

European SME lender October reveals that 2021 was an “intense year” for their platform. October notes that not only was it their best lending year so far on record, with more initiatives financed than the past 3 years combined, but also “the one of multiple… Read More

January 16, 2022 @ 11:57 pm By Omar Faridi  |  

F88, Vietnam’s secured lending provider and insurance distributor, has reportedly finalized a $10M senior secured loan facility from Lendable Inc, an emerging market Fintech focused on offering debt financing. As mentioned in the announcement, this facility is the first transaction for Lendable in Vietnam and… Read More

January 16, 2022 @ 11:34 pm By Omar Faridi  |  

Digital assets firm Okcoin is now offering the two crypto tokens of the Abracadabra.money ecosystem, Spell (SPELL) and Magic Internet Money (MIM), with “some of the lowest fees around.” As noted in the update from Okcoin, here’s what each of these tokens are about, in… Read More

January 16, 2022 @ 11:31 pm By Omar Faridi  |  

Just a year ago, countries all across the globe were rushing to pull down the shutters on their airports and economies took a massive hit, however, today “paints a different picture,” according to an update from Funding Societies. The team at Funding Societies writes in… Read More

January 16, 2022 @ 7:00 pm By Omar Faridi  |  

Haiyan Huang from marketplace lender Prosper has shared the platform’s latest performance data from the Prosper Portfolio for December 2021. In an update from Prosper, dated January 15, 2021, the firm has shared key highlights from the report as follows: Performance Update In December 2021,… Read More

January 16, 2022 @ 4:08 pm By Omar Faridi  |  

PeerBerry, an alternative investment marketplace, claims that its operations grew almost three times in 2021. According to an extensive update from PeerBerry, 2021 was “the year of outstanding growth” for their platform. They almost tripled the scope of their business operations within the previous year…. Read More

January 16, 2022 @ 4:05 pm By Omar Faridi  |  

The team at Capchase says they’re pleased to announce that their non-dilutive financing offerings for businesses with “predictable recurring revenue” will be featured in the AWS Activate Exclusive Offers program. As mentioned in the update, startups building on AWS that are members of AWS Activate… Read More

January 16, 2022 @ 2:59 pm By Xu Gao  |  

Tencent Releases Metaverse-Rate Scoring System On January 12th, Tencent News and the School of Journalism, Fudan University jointly released the “2021-2022 Metaverse Annual Report”. For the first time, the report proposed the concept of “Metaverse-Rate” which will become the scoring standard for the development of… Read More