What the SEC’s ICO Crackdown Means For You

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Recently, the Securities and Exchange Commission (SEC) has been actively pursuing all players in the initial coin offering (ICO) space, including companies that have raised money with ICOs, an exchange, people promoting ICOs, and most recently, an ICO investment fund. The SEC’s recent actions are… Read More

Global Payments Platform PaySend Forms Partnership With Vietcombank

PaySend, a UK-based global payments platform, has formed a new partnership with Vietcombank Remittance Company (VCBR). This news comes less than six months after PaySend secured $20 million through its latest funding round, which was led by investment firm MARCorp Financial.  According to Finextra, the partnership between PaySend and… Read More

Five Year Report: Fintech Raisin Has Delivered €80 million in Interest for Users

Fintech Raisin has distributed an update on platform progress since the company launched five years ago. The creation of CEO Dr. Tamaz Georgadze, the Berlin-based firm has now helped their customers earn over €80 million in interest during a historically low-interest rate environment. PayPal, Index Ventures, Ribbit Capital… Read More

Ingo Money Launches New Solution to Allow Companies to Offer Push-to-Card Payments Through Visa Direct

U.S. fintech Ingo Money announced on Thursday the launch of its new feature, Into Money QuickConnect. According to the company, Ingo Money Connect is a turnkey solution that allows any company issuing disbursement to customers to offer push-to-card payments through Visa Direct. It was revealed:… Read More

Crypto Users Third Worst at Passwords

A fool and his or her password are soon parted, says password manager app-provider Dashlane, and cryptocurrency users are the third worst fools in that regard. Dateline does an annual list of “Worst Password Offenders,” and on this year’s list, crypto-types are only outperformed in… Read More

Money Transfer Fintech TransferGo Gets $17.5 Million in Funding

London based Fintech TransferGo has closed on a Series B funding round in the amount of $17.5 million according to the company. The funding was led by Vostok Emerging Finance and Hard Yaka from Silicon Valley. Revo Capital, U-Start Club and Practica Capital also participated… Read More

Court: Cryptocurrency Sent to Wrong Address Must Be Returned

The world of cryptocurrencies has often been compared to the Wild West or some other “every man for himself” situation. Users are repeatedly admonished to protect their “private keys” (passwords, essentially) and maintain custody of them whenever possible. “No keys, no crypto” is a popular… Read More

IronX Exchange Adds Former Sirin Labs CEO and Dr Paolo Tasca to Advisory Board

Crypto exchange IronX has added two more names to its board of advisors. The former CEO of Sirin Labs Tal Cohen and Dr. Paolo Tasca have signed up to help the firm. Sirin Labs raised a reported $158 million in an initial coin offering. The company… Read More

OpenFinance Network Is Set to Move From Beta to Full Security Token Trading Functionality

OpenFinance Network (OFN) announced on Thursday it is moving from beta to full trading functionality and is claiming to be the first to launch a live, regulated security token trading platform in the U.S. According to OFN, one of the security tokens available to trade at launch is Blockchain… Read More

Robinhood Forms New Partnership With Galileo

Galileo, a U.S.-based payments processors and program management firm, announced on Thursday it has formed a partnership with Robinhood to help power Robinhood Checking & Savings feature. According to the duo, Galileo’s highly customizable payments infrastructure has been integrated into Robinhood Checking & Savings, which earns 3% of… Read More

SEC Looks to Address “Patchwork” of Private Offering Exemptions, Staff to Comment on Accredited Investor Definition

During the 37th annual Government-Business Forum on Small Business Capital Formation, Securities and Exchange Commission (SEC) Chair Jay Clayton opened the event with a couple of interesting statements. Clayton commented on the byzantine ecosystem that has emerged, over many decades of legislation and rulemaking, for issuers… Read More


Digital Asset Platform TokenSoft Adds Broker Dealer to its Services

Mason Borda

TokenSoft, a digital asset issuance and management platform, has invested in a broker-dealer – now renamed TokenSoft Global Markets. According to a note from the platform, TokenSoft expects to acquire 100% of TokenSoft Global Markets, subject to regulatory approval. The company said it will expand the… Read More

Kenyan Fintech Lendable Completes Second Round of Asset-Backed Pass-Through Notes With Institutional Investors

Kenya-based Fintech platform Lendable announced on Thursday the closing of an innovative secured dual tranche 36-month note program, called Multi-Originator Segregated Portfolio 2, or “MOP2.” According to Lendable, MOP2 is the second fundraiser of secured pass-through notes backed by consumer, SME, solar and productive asset loans originated by… Read More

Hackers Escalating Ethereum Thefts in Advance of Possible Further Price Declines

Hackers have tripled their efforts this month to rip off “exposed” Ethereum wallets and mining equipment- probably in an attempt to profit while the profiting’s still good, ZDNet reports. In fact, attack frequency has been furious for the past week, said Troy Mursch, co-founder of… Read More

Entersekt Receives Early Certification for E-Commerce Authentication Solution

Entersekt, a mobile-first fintech solutions firm, announced on Thursday it has received EMVCo certification for its e-commerce authentication solution, the 3-D Secure 2 access control server. According to Entersekt, EMVCo is a payments industry consortium managing global specifications for secure card-based e-commerce transactions. Entersekt reported it has… Read More

Former AriseBank Executives Implicated in Allegedly Fraudulent ICO Settle with the Securities and Exchange Commission

Gavel Court Legal Trial Law rawpixel unsplash

The Securities and Exchange Commission (SEC) has settled with the executive management involved with the AriseBank initial coin offering (ICO). The allegedly fraudulent ICO came to a screeching halt with the SEC obtained a court order halting the AriseBank ICO that targeted retail investors to invest in the… Read More

Game On! Monax’s New Blockchain-Based Game Benefits Charitable Organizations

Gamers ready? Monax, a smart contract and blockchain technology platform, has launched a new blockchain-based game called Marmota Prime, in which players win donations in kind to charitable organizations, including The Salvation Army, Toys for Tots and Edinburgh’s Royal Hospital for Sick Children. Beginning today, new challenges… Read More

Shojin Property Partners Opens Nottingham Student Living Crowdfunding Campaign

Having just celebrated its first anniversary, Shojin Property Partners recently opened a new property investment campaign for a purpose built student accommodation block in Nottingham, UK, which contains 124 student apartments. Shojin Property Partners has invested £66,816 and is seeking to raise £1,269,516 investor funding during the campaign;… Read More

Crypto Exchange Gemini Announces Mobile App Launch For Android & iOS

U.S. cryptocurrency exchange Gemini announced on Thursday the launch of its mobile app for Android and iOS. As previously reported, Gemini was founded by Cameron and Tyler Winklevoss, who are the former Olympic rowers that once sued Mark Zuckerberg, claiming he stole the idea for Facebook from… Read More

Panxora CEO Worries About US Regulatory Model for Crypto

The CEO of crypto exchange Panxora (formerly operating as First Global) says he is “unhappy” with the US regulatory model. The comments come following the Commodity Futures Trading Commission’s (CFTC) request for information on “crypto-asset mechanics” including Ethereum (Ether) and Bitcoin Gavin Smith says he is… Read More

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