Uncategorized

June 13, 2022 @ 8:23 am By JD Alois  |  

Changpeng Zhao (CZ), founder and CEO of Binance – the world’s largest crypto exchange has tweeted that Binance has “temporarily” halted withdrawals of Bitcoin. CZ said the pause was due to a technical glitch and all funds were safe – adding that things should be… Read More

June 8, 2022 @ 5:48 pm By JD Alois  |  

Delphia, a company that says it has built a better “Wall Street caliber algorithm” to help you generate better investment returns, has raised a $60 million Series A funding round. The new investment was led by Multicoin Capital with participation from Ribbit Capital, FTX Ventures,… Read More

June 7, 2022 @ 9:57 am By JD Alois  |  

Salt Edge, an open banking provider, has been integrated into NayaOne. NayaOne is a “Digital Sandbox and Fintech-as-a Service” platform that powers the UK Digital Sandbox. NayaOne is said to be one of the largest integrated Fintech marketplaces in Europe and the UK. According to… Read More

June 3, 2022 @ 4:13 pm By JD Alois  |  

The New York state legislature has approved a bill that would commence a moratorium on crypto mining operations. The bill was designed as an attempt to mitigate emissions caused by crypto mining which tends to be an energy-intensive process as servers compete to create and… Read More

June 2, 2022 @ 3:39 pm By JD Alois  |  

It was reported earlier that the US Department of Justice had announced its first arrest and pending case against an individual that utilized insider information to trade digital assets. A former OpenSea manager has been charged with leveraging his position and insider knowledge at the… Read More

June 1, 2022 @ 11:49 am By JD Alois  |  

Binance has raised a new venture fund targeting Web3 and other blockchain technologies. According to a statement issued by Binance Labs, the VC arm of Binance, the $500 million fund saw the participation of global institutions including DST Global Partners, Breyer Capital, as well as… Read More

May 26, 2022 @ 7:34 pm By JD Alois  |  

The Small Business and Entrepreneurship Council (SBE Council) has issued a statement criticizing the legislation that is making its way through the Senate that takes aim at big tech. Led by Senator Amy Klobuchar, the bill entitled the “American Innovation and Choice Online Act” appears… Read More

May 10, 2022 @ 2:57 pm By JD Alois  |  

SoFi Technologies (NASDAQ: SOFI) released its Q1 earnings early today as the release was supposed to hit the wires after market close. The results are a bit of a mixed bag and shares in SoFi are moving lower continuing a decline that started in 2022…. Read More

May 6, 2022 @ 11:35 am By JD Alois  |  

Brickowner, a property investment platform, has revamped with a new and improved offering for its investors. Launched in 2017, Brickowner says it wants to enable investments in minutes – not weeks. The Proptech provides a full-stack service for developers, fund managers as well as property investors…. Read More

May 5, 2022 @ 3:05 pm By JD Alois  |  

The two largest national securities crowdfunding associations in Europe, Financement Participatif France (FPF) and Bundesverband Crowdfunding e.V. (Germany) have issued a joint statement requesting that the European Commission extends the deadline for the transition to pan-European crowdfunding rules. The request for an extension has been… Read More

May 2, 2022 @ 9:41 am By Omar Faridi  |  

According to a recent Robo.cash survey, a quarter or 25% of P2P investors are “actively involved in the ESG trend.” At the same time, the survey by Robo.cash reveals that “most respondents take this criterion into account when choosing a P2P platform.” Over half of… Read More

April 26, 2022 @ 4:59 pm By JD Alois  |  

Scott Purcell, the founder of Prime Trust (and Fund America) and former CEO, is moving into the NFT or non-fungible token market, aiming to provide “peace of mind” and security for these digital assets – somewhat similar to what he did for other assets. In… Read More

March 29, 2022 @ 8:15 am By JD Alois  |  

Berlin-based FUEL has announced that it has raised €1.5 million in pre-seed funding to create the “Shopify for NFTs,” according to a company statement. FUEL aims to empower creators to build an NFT shop that requires no coding knowledge. FUEL was co-founded by Csongor Barabasi,… Read More

March 28, 2022 @ 4:02 pm By JD Alois  |  

This coming Wednesday, March 30, 2022, the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, will hold a hearing on “Oversight of America’s Stock Exchanges: Examining Their Role in Our Economy.” The Subcommittee is part of the House Committee on Financial Services. According to the… Read More

March 28, 2022 @ 8:37 am By JD Alois  |  

FOLK2FOLK, an SME lender that matches investors with borrowers, is reporting a “record year” for its Innovative Finance ISA (IFISA) for the tax year 2021/22, sharing that the company received 44% more ISA funds than in the previous year. FOLK2FOLK states that it has seen… Read More

March 7, 2022 @ 6:56 pm By JD Alois  |  

EY and Deloitte have joined their main competitors KPMG and PWC in exiting operations in Russia due to its invasion of Ukraine. EY explained in a series of tweets that it would continue to support its colleagues with financial support and more while ceasing operations…. Read More

March 6, 2022 @ 5:09 pm By JD Alois  |  

The Alumni Venture Group (AVG), previously operating as Launch Angels, has settled allegations leveled by the Securities and Exchange Commission (SEC) as well as securities regulators in both Massachusetts and New Hampshire. AVG is a Massachusetts LLC and its CEO Michael Collins is headquartered in… Read More

February 23, 2022 @ 8:48 am By JD Alois  |  

Zopa, a digital bank, has launched a new, branded savings product called “Smart Saver.” The savings vehicle currently offers a 0.72% return for “immediate access to savings,” a return which is said to be 72 x the standard high street offering during a time of… Read More

February 13, 2022 @ 5:42 pm By JD Alois  |  

Last week, New Hampshire Governor Chris Sununu signed an executive order that establishes a Commission to review crypto and digital assets. the Goal is to support innovation in the state. The Governor stated: “New Hampshire is a hub of financial innovation, and this Executive Order… Read More

February 13, 2022 @ 3:37 pm By JD Alois  |  

ABC Fintech is an early-stage investment platform in the real estate sector. The company is leveraging blockchain technology to fractionalize commercial real estate to streamline the investment process for individuals. ABC Fintech, which stands for “asset backed crypto” is currently raising growth capital on Wefunder…. Read More