Tagged: bbc

BBC Report: Russian Military Intelligence Stole $450 Million in Cryptocurrency from WEX Exchange

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

Following Critical BBC Report Regarding Frozen Accounts, Digital Bank Monzo Responds

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 Dinged Again in BBC Report

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

FCA Helps Take Bitcoin Mainstream – While Admitting It Does Not Understand It

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

Former FSA Chair Lord Adair Turner Warns About Peer to Peer Lending. Industry Leaders Disagree

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

Five Crowdfunding Initiatives Have Secured Over $100,000 For Nepal Earthquake Relief on Indiegogo

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

Caterham Reaches £1.1M in Three Days on Crowdcube; Announces Possible Acquisition Plans

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 in Detail (Infographic)

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

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