June 17, 2021 @ 4:00 pm By Omar Faridi  |  

Since Bitcoin’s (BTC) launch back in 2009, virtual currency has managed to drive new markets, while spurring advancements in modern financial infrastructure. It has also led to innovative thinking in how to address the global economic requirements, the Chainalysis team writes in a blog post…. Read More

June 17, 2021 @ 3:48 pm By Tony Zerucha  |  

Iron Finance was left to explain itself today after a “bank run” left its TITAN token worthless, leaving investors including Mark Cuban to wonder what happened. Cuban was a liquidity provider in decentralized exchange QuickSwap. He announced his participation just four days ago but has… Read More

June 17, 2021 @ 3:44 pm By JD Alois  |  

Earlier today in a blog post, Robo-advisor Nutmeg announced that it was being acquired by JP Morgan (NYSE:JPM). Nutmeg has emerged as the leading digital wealth manager in the UK with over 140,000 customers enabling smaller investors a sophisticated portfolio of investment options including ISAs,… Read More

June 17, 2021 @ 3:18 pm By Tony Zerucha  |  

Blockchain intelligence firm TRM Labs has closed a $14 Million Series A funding round led by Bessemer. Additional participants include from PayPal Ventures, Initialized Capital, Jump Capital, Salesforce Ventures, Operator Partners, Blockchain Capital, and executives from Google. Existing investors who re-upped are Y Combinator, Alumni… Read More

June 17, 2021 @ 12:11 pm By Chris Sloan  |  

In December 2020, the Securities and Exchange Commission (SEC) filed a complaint in a New York federal court against Ripple Labs, Inc. and two of its executives alleging that Ripple had sold $1.3 billion in XRP cryptocurrency tokens in a series of unregistered securities offerings…. Read More

June 17, 2021 @ 11:19 am By JD Alois  |  

The UK Financial Conduct Authority has been tracking crypto holdings in the UK for some time now. Earlier today, the top securities regulator provided an update indicating the more people in the UK are now holding crypto in contrast to prior data. This is the… Read More

June 17, 2021 @ 10:59 am By Omar Faridi  |  

UK’s easyMoney, the investment platform from Sir Stelios Haji-Ioannou’s easy family of brands that claims that it has “never lost a penny on its loans,” notes that sometimes, the world of finance can appear to be quite complicated. In their opinion, this can also be… Read More

June 17, 2021 @ 10:37 am By JD Alois  |  

In a speech delivered at the Future of Fintech Conference, Tom Mutton – Director responsible for Central Bank Digital Currency at the Bank of England, provided an update on the progress of central bank-issued digital currency. According to Mutton, CBDCs are viewed by the bank… Read More

June 17, 2021 @ 8:55 am By Omar Faridi  |  

Digital bank Revolut has shared the latest updates on its platform for June. The Revolut team writes in a blog post that the world is now beginning to open up “a bit more” and they’re hoping that (if you can) you’re enjoying (somewhat of) a… Read More

June 17, 2021 @ 7:36 am By JD Alois  |  

Digital bank Zopa has partnered with CreditLadder to help renters improve their credit score thus increasing their eligibility for a Zopa loan. Zopa notes that the integration was accomplished using open banking technology. As renters do not have monthly rental payments added to their credit… Read More

June 17, 2021 @ 7:26 am By Omar Faridi  |  

On June 7, 2021, the US Department of Justice announced that they had managed to seize 63.69 BTC (valued at around $2.5 million) of the 75 BTC ransom Colonial Pipeline was forced to pay to DarkSide. This ransom recovery is notably the very first undertaken… Read More

June 17, 2021 @ 2:39 am By Omar Faridi  |  

Gabriella Kindert, who is considered an expert in private debt markets and has reportedly managed billions (currently serving as a Board member at EstateGuru), says that she encourages investors to check out different lending platforms. In a recent interview, Kindert talked about  how they should… Read More

June 17, 2021 @ 1:35 am By Omar Faridi  |  

Nate Maddrey and the other researchers at Coin Metrics have shared their latest State of the Network Report. Published on June 15, 2021, the report from Coin Metrics notes that on June 9, 2021, the El Salvador Congress introduced a bill that officially made Bitcoin… Read More

June 17, 2021 @ 12:29 am By Omar Faridi  |  

Frank Rotman, who claims to be a 27+ year Fintech veteran and the Co-founder of QED Investors, notes that small businesses are quite important to our communities. Rotman points out that minority-owned small businesses do not have equal access to capital and the appropriate tools…. Read More

June 17, 2021 @ 12:03 am By JD Alois  |  

The ASEAN Financial Innovation Network (AFIN) has partnered with R3 to build and test central bank digital currencies (CBDCs). CBDCs have emerged as a hot topic of governmental innovation – fueled in part by the rise of stablecoins utilized as digital references of fiat currency…. Read More

June 16, 2021 @ 11:47 pm By Tony Zerucha  |  

TrustSwap, a full-service digital asset ecosystem, this week acquired The Crypto App, a cryptocurrency mobile app featuring tracking services from more than 3,000 cryptocurrency assets and 100-plus exchanges. Since its debut in 2017, The Crypto App has close to two million downloads and more than… Read More

June 16, 2021 @ 11:18 pm By Omar Faridi  |  

Small and micro businesses (SMBs) account for over 90% of global businesses, and more than half or around 50% of global employment, and contribute over 60% of the GDP of developing nations, the Visa (NYSE:V) team writes in a blog post. However, 2020 was quite… Read More

June 16, 2021 @ 11:15 pm By Omar Faridi  |  

The team at digital asset firm Coinbase (NASDAQ:COIN) notes that beginning today Tuesday (June 15, 2021), users may transfer Chiliz (CHZ), Keep Network (KEEP) and Shiba Inu (SHIB) tokens to their Coinbase Pro accounts ahead of scheduled trading. The Coinbase team notes that support for… Read More

June 16, 2021 @ 10:28 pm By Omar Faridi  |  

Prosper, a peer-to-peer lending company that connects borrowers and investors with over $17B in loans issued via its platform, has shared its Performance Update Report for the month of May 2021. As noted in the report from Prosper, dated June 15, 2021: In May 2021,… Read More

June 16, 2021 @ 10:27 pm By Omar Faridi  |  

The MUNCH Project, which is described as a decentralized and community-owned currency (a charitable project that has reportedly given away $2.7 million in four weeks), with a “deflationary” model that gives back to the community, recently revealed that they have made MUNCH “more available” and… Read More