General News

Anchorage Digital Shares Survey Results Revealing that Many Americans Believe Crypto and Regulatory Clarity are Vital to US Economy

Anchorage Digital, the first federally chartered digital asset bank, has shared survey results that show OCC approval “gives Americans greater confidence in cryptocurrency.” The team at Anchorage Digital writes in a blog post that as the volume of conversation around cryptocurrency and digital assets continues… Read More

Ethereum Scaling Platform Polygon Takes Up Metaverse Journey with Liberty Gaming Guild

The Metaverse and the GameFi world have grown tremendously, with nearly every blockchain  ecosystem in the crypto space getting more actively involved. Polygon (POLY) ecosystem’s capabilities of building and connecting different blockchains and dApps is being supported by the launch of Polygon Studios, which is… Read More

E-Commerce Report: 50%+ of Young Shoppers Don’t Return Unwanted Items

As post-holiday returns skyrocket due to the explosion in e-commerce sales globally, Gen Z and Millennials are the ones most likely to choose not to return unwanted items, according to Global Voices: Cross-Border Shopper Insights, a new global survey from ESW (formerly eShopWorld), a global direct-to-consumer… Read More

Ebury Accelerates International Growth with Appointment of Louise Chan as COO

Ebury has revealed that it’s accelerating its international growth efforts with the appointment of Louise Chan as company COO. Louise takes on an expanded Chief Operating Officer role “covering Operations as well as Product, Data and Regulatory Reporting,” according to a release. Louise is an… Read More

Former TD Ameritrade Exec Steve Quirk Joins Robinhood Markets as Chief Brokerage Officer

Robinhood

The team at Robinhood (NASDAQ:HOOD) says they are pleased to announce Steve Quirk is joining Robinhood Markets as its Chief Brokerage Officer. Robinhood writes in a blog post that Steve Quirk will be responsible for overseeing their broker-dealers, Robinhood Financial and Robinhood Securities, “effective January… Read More

Miami Mayor Francis Suarez Touts City as Hot VC Market as Tech Firms, Including Crypto Head to Florida

As has been widely reported, California is experiencing an exodus when it comes to innovators and entrepreneurs. The top replacement destinations are Texas and Florida – where multiple cities have benefitted from the migration (see Jax). South Florida, specifically Miami, has embraced this trend by… Read More

Ranking Republicans Slam SEC Chair Gary Gensler for Rushing Proposed Rules by Limiting Comment Periods

Senator Pat Toomey and Representative Patrick McHenry have sent a letter to SEC Chairman Gary Gensler criticizing his decision to limit comment periods on proposed rulemaking. McHenry is the Ranking Member on the House Committee on Financial Services and Toomey is the Ranking Member on… Read More

Fintech PayFit Is Planning to Introduce More Features to Streamline HR Processes for SMEs After €254M Raise

The team at Payfit, which has recently raised €254M to strengthen their payroll solution for SMEs, notes that as 2021 came to an end, they had taken a look back on the year. PayFit reveals that not only have they grown in size, but they also… Read More

SPACs Have Big Year in 2021. What’s Next for 2022?

Doug Ellenoff of Ellenoff, Grossman and Schole Shares Insight into Booming SPAC Market. Special purpose Acquisition Companies or SPACs had a blowout year in 2021.  While the financing vehicle has been around for decades, in recent years SPACs have rocketed in popularity. SPACs are an… Read More

Great Hill Partners, a Digital Commerce, Fintech Investor, Appoints Craig Byrnes as MD, Chris Govey as Principal

Great Hill Partners, a private equity company that’s focused on investing in high-growth, disruptive firms, recently announced the promotions of Craig Byrnes to MD and Chris Govey to Principal. Mark Taber, MD at Great Hill Partners, stated: “We are thrilled to recognize the well-deserved promotions… Read More

A Clear Divide Exists Between High-Income and Emerging Economies in Attitude Towards AI, World Economic Forum Reports

A recent survey highlights a “clear divide” between high-income and emerging economies in “attitudes” toward artificial intelligence (AI), with “optimism” considerably higher in emerging economies. Those in emerging economies noted that they are “more familiar with AI tools and products than those in developed economies.”… Read More

Bank for International Settlements Appoints Raphael Auer as Head of Innovation Hub Eurosystem Centre

The Bank for International Settlements (BIS) has appointed Raphael Auer as the Head of Innovation Hub Eurosystem Centre. Auer is presently a principal economist in the Innovation and the Digital Economy division of the BIS’s Monetary and Economic Department. He has “contributed extensively to BIS… Read More

Journalist Says He Has Been Banned by PayPal for Political Beliefs

Ian Miles Cheong, an independent journalist who is active on Twitter and writes for the Post Millennial, has been banned by PayPal (NASDAQ:PYPL), allegedly due to his political beliefs. Cheong currently has almost 300,000 Twitter followers and frequently comments on current events in the political… Read More

DailyPay Shares Survey Revealing that Financial Anxiety Is Greatest Among Young Americans Aged 18-34

A recent Harris Poll reveals that US consumers are concerned about long-term finances and expect their employer to assist them with preparing financially for the foreseeable future. This study, commissioned by Funding Our Future campaign and DailyPay, polled over 2,000 American adults between the ages… Read More

Cardano (ADA) Developers Report Complete Decentralization, Smart Contracts, and NFT Updates

The team at IOHK, which supports the development of major blockchain platform Cardano (ADA), says that 2021 was the year robots, and “graffiti came to a decentralized, smarter Cardano.” The update posted by IOHK noted that Beeple used to illustrate their write-ups, however, art NFTs… Read More

UK’s Financial Conduct Authority Issues Final Messages on LIBOR

That's All Folks The End Final

During a speech delivered earlier this month, Edwin Schooling Latter, Director of Markets and Wholesale Policy and Wholesale Supervision at the UK’s Financial Conduct Authority (FCA), went over the remaining actions companies must take, as the end of the year, when “the majority of LIBOR… Read More

Renewable Energy Business Partner Litelektra Teams Up with Alternative Investment Marketplace PeerBerry

A Lithuanian renewable energy firm Litelektra, which is reportedly co-owned by Gofingo Group shareholders, has teamed up with PeerBerry, which is an alternative investment marketplace with “up to 12% return on investment” and offers innovative investment tools. As mentioned in the update, the new business… Read More

Reg CF: Investment Crowdfunding Tops $1.1 Billion in 2021, Predicted to Double in 2022

Crowdfund Capital Advisors (CCA), a research and advisory group tracking online capital formation under Regulation Crowdfunding (Reg CF) in the US, is reporting that since the industry launched over $1.1 billion has been invested for firms issuing securities under the exemption. The information is being… Read More

If You Are a Criminal, the IRS Wants a Cut of Your Illicit Gains

If you are a criminal that steals from others, accepts bribes, or generates income from other malfeasant activities (like dealing drugs), you put yourself at risk of state/local and federal law enforcement authorities. But if you don’t get caught you are still on the hook… Read More

Hedera Network Not Affected by Critical Zero-Day Exploit in log4j2 Library, Developers Claim

On Thursday, December 9, 2021, a “critical” zero-day exploit was reported in the widely used log4j2 library. The exploit “did not affect the Hedera network,” the platform’s developers claim while noting that “out of an abundance of caution, the Hedera team addressed the issue on… Read More

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