November 16, 2018 @ 9:12 am By Samantha Hurst  |  

The global cryptocurrency stock exchange Bithumb announced on Friday it is holding its third commemorative event in celebration of its fifth anniversary. The platform reported that the ‘Super Airdrop Festival’ event has two parts, the Login Event, and Air Drop Event, and is open to anyone who is… Read More

November 16, 2018 @ 9:11 am By JD Alois  |  

NVIDIA (NASDAQ:NVDA), the company that pretty much redefined the gaming industry with modern computer graphics chips, was hammered in after-hours trading yesterday following quarterly results that failed to please investors. Today, shares in NVIDIA look to open on NASDAQ significantly lower than when markets closed… Read More

November 16, 2018 @ 8:49 am By Cali Haan  |  

The world’s 3rd largest cryptocurrency exchange by trading volume, Huobi, has laid off 6 of 10 workers at its location in Brazil, Portal do Bitcoin reports. The layoffs, though not the exact number, were confirmed by Huobi’s local CEO in Brazil, Frank Tao. Huobi, which… Read More

November 16, 2018 @ 8:11 am By JD Alois  |  

Announced today, the UK blockchain industry has a new representative organization. The British Blockchain Industry Association (BBIA) seeks to provide a “clear voice for the UK blockchain industry, it’s members, stakeholders and the public good.” The group issued a release with a statement that it… Read More

November 15, 2018 @ 10:23 pm By Cali Haan  |  

In early November, SWIFT, the Belgium-based company that operates the global payments network of the same name, announced that “certain Iranian banks” would be cut off from using the service: “In keeping with our mission of supporting the resilience and integrity of the global financial… Read More

November 15, 2018 @ 10:14 pm By JD Alois  |  

Prospa, an online small business lender, has been recognized by Deloitte Technology Fast 50 Australia Awards for 2018. Prospa ranked 20th overall and 5th for leadership. The Deloitte Technology Fast 50 Australia Awards rank Australia’s fastest growing public or private technology companies based on their… Read More

November 15, 2018 @ 10:05 pm By JD Alois  |  

The World Blockchain Trade Consortium (WBTC) launched this week at the Singapore Fintech Festival, according to a note from one of the founding members. The WBTC has launched with Fintech platforms, insurance providers and trade finance funds, each reportedly utilizing Invoice Check – a blockchain application… Read More

November 15, 2018 @ 10:01 pm By Samantha Hurst  |  

Cobinhood, a cryptocurrency service platform and zero-fee exchange, announced on Thursday it has appointed Jill Shih as its new CEO. According to Cobinhood, Shih brings more than 18 years of extensive experience in product user experience, project management, and development across mobile internet and software industries. Prior… Read More

November 15, 2018 @ 9:32 pm By Samantha Hurst  |  

Self Lender, a U.S.-based fintech startup that offers Americans a way to build their credit while also saving money, today announced a $10 million round of Series B financing, which was led by Altos Ventures with additional participation from Silverton Partners, Accion Venture Lab, and others. The company… Read More

November 15, 2018 @ 9:15 pm By JD Alois  |  

The Autorité des Marches Financiers (AMF) the regulator that has oversight of securities in France, has published a report on initial coin offerings. Entitled ICO Françaises: Un Nouveau Mode de Financement? – the document is a follow up to a year ago launch to the… Read More

November 15, 2018 @ 8:37 pm By Samantha Hurst  |  

American Express (NYSE:AXP) announced on Thursday the launch of American Express Go, a new digital solution to help mid-sized and large companies efficiently handle business expenses for temporary workers, recruits, and employees without Corporate Cards. According to the financial giant, American Express Go features a Virtual Card… Read More

November 15, 2018 @ 4:55 pm By JD Alois  |  

Small Change, a mission focused real estate investment platform, is one of a very few platforms offering real estate investments under Reg CF – the smallest securities crowdfunding exemption and the most difficult to work with. Envisioned as a vehicle to boost online capital formation,… Read More

November 15, 2018 @ 3:20 pm By JD Alois  |  

The Commodities Futures Trading Commission (CFTC) Enforcement Director James M. McDonald delivered a speech yesterday addressing current trends regarding enforcement actions and, of course, crypto and virtual currencies were on the list. Speaking at the NYU School of Law, McDonald said the Commission is adapting… Read More

November 15, 2018 @ 3:00 pm By Samantha Hurst  |  

UK challenger bank Monzo announced on Thursday it has formed a partnership with the Financial Capability Lab. According to the Monzo, the Financial Capability Lab was started in 2016 by the Money Advice Service, in partnership with the government’s Behavioural Insights Team. The startup also reported that… Read More

November 15, 2018 @ 2:52 pm By Cali Haan  |  

Lukas Stefanko, a Malware researcher and blogger, recently identified four crypto-stealing wallet apps being hosted at the Google Play Store: “These threats imitate legitimate services for NEO, Tether and MetaMask. I reported these apps to the Google security team and they were promptly removed.” Stefanko divided the fraudulent… Read More

November 15, 2018 @ 2:16 pm By JD Alois  |  

Online lender Prosper will be adding a new digital Home Equity Line of Credit (HELOC) product in 2019, according to a note from the company. The introduction of the HELOC is described as a new milestone for the marketplace lending platform. Prosper is one of… Read More

November 15, 2018 @ 12:25 pm By JD Alois  |  

KPMG Australia and Independent Reserve have joined to manage a pressing issue: taxes for cryptocurrency transactions. The two companies have partnered on a new “Crypto Tax Estimator.” Founded in 2013, Independent Reserve is said to be the largest cryptocurrency exchange in Australia. The crypto exchange… Read More

November 15, 2018 @ 12:00 pm By Samantha Hurst  |  

NEO Finance, a Lithuania-based peer-to-peer lending platform, has successfully secured its initial €200,000 equity crowdfunding target on Seedrs. The campaign was launched last month and has attracted nearly 340 investors so far. As previously reported, NEO Finance was founded in 2015 and claims to be the largest… Read More

November 15, 2018 @ 11:55 am By JD Alois  |  

EquityMultiple, an online real estate investment platform, has selected Brett Klein ahs their new Chief Financial Officer (CFO) and Henry Kwong as Senior Director of Asset Management. Prior to joining EquityMultiple, Klein was a senior member of Colony Northstar – a listed, leading global real estate… Read More

November 15, 2018 @ 11:44 am By JD Alois  |  

Online lender CommonBond has partnered with Fifth Third Bank to provide students a path to better manage their student loans. Fifth Third Bank is also an investor in the Fintech platform. CommonBond is a platform that finances and refinances student loans. The company will also… Read More