ICO Tokens & the SEC: You Can’t Even Give Them Away …. No, Seriously

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Summary:    The SEC has issued a Cease & Desist Order and sanctions against a token issuer and its founder.  Among several findings, the SEC determined that the “Bounty Program” run by the issuer constituted a securities offering.  The Order states “a ‘gift’ of a… Read More

Securrency Set to File Application For Crypto-Asset License Under ADGM Crypto Regulatory

Securrency, a regtech firm that has created a platform designed to streamline regulatory compliance for token offerings, announced this week its intention to secure a license to operate a crypto-asset business with strategic partners under the  Abu Dhabi Global Market (ADGM) crypto regulatory framework. The… Read More

Stakeholder Registery Platform Vertalo Announces Partnership With Security Token Platform Polymath

Vertalo, a stakeholder registry and compliance platform for regulated security token offerings, announced on Friday it has formed a partnership with security token platform Polymath. According to Vertalo, the new collaboration will allow broker-dealers and issuers to offer state-of-the-art compliant tokens, as well as maintain a registry of… Read More

ICYMI: Cloud Lending a Fintech Software Provider for Online Lending Has Been Sold

Last week, CloudLending, a Fintech in the online SaaS sector, was sold to Q2 Holdings, Inc. (NYSE:QTWO). The terms of the sale were not released. The closing of the transaction is expected to occur in the fourth quarter of 2018. Matt Flake, CEO of Q2, said that by… Read More

LendingClub to Issue 30 Million New Shares as Part of Equity Incentive / Employee Stock Purchase Plan

LendingClub (NYSE:LC) issued a Form S-8 today which was filed with the Securities and Exchange Commission. The filing is related to a registration statement for the issuance of up to 30,365,114 shares of common stock in the online lending firm. According to LendingClub, the issuance… Read More

ICON Foundation Announces Sponsorship For New Blockchain Accelerator Program “ICX Station”

The ICON Foundation, a decentralized network of blockchain communities, announced on Friday its sponsorship of a new accelerator program called ICX Station. According to ICON, ICX Station is designed to expand the power of the underlying ICON infrastructure, which is a scalable interoperable blockchain, as well as provide… Read More

China Rapid Finance Debuts Up to $20 Million Share Repurchase Program

China Rapid Finance Limited (NYSE: XRF), one of China’s largest consumer lending marketplaces, announced earlier this week the launch of its new share repurchase program, which allows the lender to authorized the repurchase of its ordinary shares in the form of American depositary shares with an aggregate… Read More

Tandem Calls FCA / CMA Banking Requirements a Big Step for Competition in UK Financial Services

The UK Competition and Markets Authority (CMA), in collaboration with the Financial Conduct Authority (FCA), published a report this week that chastised banks for their poor service and lack of transparency. As part of an ongoing initiative to improve financial services for both consumers and… Read More

Digital Asset Exchange Platform BlockEx Adds LOCIcoin to Listing

BlockEx announced on Friday inventors and intellectual property lawyers are now able to purchase LOCI’s LOCIcoin utility token directly in traditional fiat currency for the first time through its digital asset exchange platform. Founded in 2016, LOCI stated it is on a mission to change… Read More

Rewards Marketing Firm Funded.Today Ranked #27 in Inc.5000

Rewards based marketing firm Funded.Today has been recognized by Inc. 5000 as one of its top growth firms. In fact, the Utah based company is listed at #27 overall within the entire list as the company delivered a three year growth rate of 8,798%. According… Read More

Ripple Announces Three New Exchange Partners to xRapid

On Thursday, Ripple announced it has added three new exchange partners to its cross-border payments product, xRapid. According to Ripple, xRapid is powered by XRP and the partners allow xRapid payments to move from one currency (into XRP) and back into another currency quickly and efficiently. The exchanges added… Read More


Even with a Reg D Filing, Unikrn ICO Hit with Class Action Lawsuit Filed by Stritmatter Law Firm

Unikrn, a blockchain based gaming platform that is associated with some big name backers like Mark Cuban, has been hit with a lawsuit filed in the Superior Court of Washington for King County this week. The allegation that the Unikrn initial coin offering (ICO) constituted… Read More

CreditEase FinTech Investment Fund Co-Leads Seed Funding Round For Fintech Gaming App Blast

CreditEase FinTech Investment Fund (CEFIF), the U.S.-based Fintech Fund of the Chinese fintech CreditEase, reportedly co-lead in the recent seed funding round of fintech gamification app Blast. Launched earlier this year, Blast, which was  Acorns founder and Chairman, Walter Cruttenden, was designed to help gamers save… Read More

Biz2Credit’s Latest Business Index Reveals: Strong Economy Leads to Record High Small Business Loan Approval Percentages at Big Banks in July 2018

Biz2Credit recently announced the results of its latest small business lending index, which revealed that small business loan approval rates for big banks reached another high point in July 2018. The index notably examines more than 1,000 credit applications made by small businesses through Biz2Credit’s online lending platform. According… Read More

UK Competition and Markets Authority Tells Banks to Work Harder for their Customers, Demands Change from Banks

The Competition and Markets Authority (CMA), in conjunction with the Financial Conduct Authority (FCA), have demanded that traditional banks improve their services. The admonition comes following an independent survey of both personal and small business accounts that indicates banks are falling short when it comes… Read More

Crowdcube Tops £500 Million in Pledged Crowdfunding Investment

Crowdcube, a leading UK crowdfunding platform, has topped £500 million in “pledged investment” for listed early stage and growth firms. The company reports that half a billion pounds pledged has resulted in 700 successful funding rounds which include some high profile names. Crowdcube was founded… Read More

Playboy Sueing Canadian Crypto Company for Breach of Contract

Playboy Enterprises, the company that publishes the famous nude magazine, is suing a Vancouver-based crypto tech and investment company for fraud and breach of contract, The Los Angeles Times reports. Playboy claims that Global Blockchain Technologies (GBT) has failed to follow through on an agreement to,… Read More

Browser CryptoMining Deemed Potentially Profitable Alternative to Website Ads

Researchers at Germany’s top technical university in Aachen have conducted what they claim is the, “first in-depth study of the prevalence and economics of browser-based mining as a new web business model,” and have found that mining crypto on website visitors’ browsers could prove a profitable… Read More

Learning Platform Focused on STEM Skills Because Learning Now Seeking Funds Through Indiegogo/MicroVentures

Because Learning, a U.S.-based learning platform specifically focused on STEM skills, is now seeking funds through Indiegogo/Microventure’s equity crowdfunding platform. Founded in 2014, Because Learning, which was previously known as Ardusat, is on a mission to inspire students in the STEM field, which are science, technology,… Read More

CryptoOracle & Crypto Invest Summit Partner on Two Blockchain Masterclasses including STOs & Healthcare

Crypto Invest Summit has partnered up with CryptoOracle to offer two masterclass courses at Crypto Invest Summit’s Fall Conference in LA. The two masterclasses, will tackle pretty diverse topics. The first will be on the emerging security token industry and the second will be on… Read More

Personalized Nutrition Platform VITL’s Equity Crowdfunding Round Nears £1 Million During the Final Days on Crowdcube

VITL, a UK-based personalized nutrition platform, is set to close its equity crowdfunding campaign on Crowdcube with nearly 950,000 from more than 350 investors. The funding round was launched last month, originally seeking 400,000. Founded in 2015, VITL was created to deliver personalized vitamin packs tailored… Read More