Evidence unearthed by the BBC Russia suggests that the FSB, Russia’s military intelligence agency, is behind the disappearance of $450 million USD worth of cryptocurrency from the WEX cryptocurrency exchange. Much of that money belonged to exchange customers. Other parts of the story suggest the… Read More
Yesterday, the BBC program “Watchdog Live” reported on alleged problems at digital bank Monzo where customers have been blocked from accessing their accounts. “we’ve been contacted by quite a few customers saying they have had their accounts frozen with no explanation, so all of a… Read More
Revolut, one of the most promising digital challenger banks in the world, was whacked once again by a report by the BBC which largely rehashed prior claims associated with compliance and anti-money laundering control. According to the report, the BBC communicated with a former Revolut… Read More
Appearing on the BBC’s news flagship Newsnight the head of the UK’s regulator, the FCA’s Andrew Bailey, has drawn mainstream attention to Bitcoin and the world of cryptocurrencies while admitting that they have yet to understand what he called an ‘odd commodity’. While the BBC’s… Read More
In an interview today on BBC, Lord Adair Turner, former Chair of the FSA (predecessor to the FCA), shared his opinion on banking and the financial industry in general, including a discussion on the burgeoning peer to peer lending sector. Lord Turner, it appears, is… Read More
In an effort to help those who were affected by this past weekend’s devastating earthquake in Nepal, five crowdfunding campaigns on Indiegogo have successfully captured over $100,000 for the cause. According to BBC, at least 3,617 people are now known to have died in a… Read More
Continuing to break its bad luck streak, Caterham F1’s crowdfunding campaign, which is seeking £2.3 million to get the racing team to the season finale in Abu Dhabi Grand Prix on November 23rd, has received over £1.1 million dollars during its first three days on Crowdcube…. Read More
Dragon’s Den is a British television show on BBC which allows a group of entrepreneurs to pitch their concept to wealthy investors. These 5 wealthy “Dragons” then decide whether to invest in any of these companies and the negotiations commence. Of course drama may ensue… Read More
Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
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