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Australian government’s digital business plan includes $5M for blockchain
Australia’s Prime Minister has announced the Federal Government’s biggest investment in blockchain to-date, with two pilots set to receive almost $5 million....
Onecoin Victims Join Petition Seeking Establishment of European Crypto Fraud Compensation Fund
Onecoin victims have joined a consortium that wants the European Parliament to consider a petition seeking the establishment of a compensation fund. The envisioned EU-administered fund will function a...
S.Korean FinTech Kakao Pay Preps For IPO
Kakao Pay is set to be the first South Korean FinTech working with mobile payments to undertake an initial public offering (IPO), according to a report from The Paypers. The company is likely to be va...
VeChain Foundation Says their VeChainThor Blockchain Is Ideal for Creating NFTs, a Market Valued at $300 Million+ by End of 2020
The VeChain Foundation, an organization supporting the development of VeChain, a blockchain platform for supporting supply chain management (among other use cases), notes that non-fungible tokens (NFT...
Bitcoin Daily: SEC Charges Florida Crypto Trader In $6.8M Fraud Case; Salt Lending To Pay $250,000 Fine, Refund ICO Investors; SEC Alleges Swedish National Bilked Crypto Investors Of $1.5M
The U.S. Securities and Exchange Commission (SEC) claims that a Florida digital currency trader purportedly bilked customers out of $6.8 million, CoinDesk reported. The agency claimed that the defenda...
Payroll Management Firm Papaya Global Notches $40M In Series B
Global payroll company Papaya Global has landed $40 million in a Scale Venture Partners-led funding round, according to a blog post. The company said Access Industries (through its Israeli vehicle Cla...
Ernst & Young Faces Backlash Over Whistleblower Report On Wirecard
One day after an Ernst & Young (EY) whistleblower’s warning about potential fraud at Wirecard was made public, the global accounting firm is facing backlash, the Financial Times (FT) reported. On Tu...
Today In Payments Around The World: AmEx, Amazon Launch British SMB Cards; Volopay Collaborates With Nium
In today’s top payments news around the world, American Express launched co-branded credit cards with Amazon targeting small to medium-sized businesses (SMBs) in Britain, while Volopay is teaming wi...
Fintech Veteran Ron Suber Joins Yieldstreet’s Board of Directors
YieldStreet, an online marketplace for a diverse array of asset-backed investments, announced on Wednesday it appointed Ron Suber, President Emeritus of Prosper Marketplace, and a leading fintech inve...
Why 9F Stock Plunged Below $1 Today
Shares of 9F (NASDAQ: JFU) plunged today, down by 18% as of 2:53 p.m. EDT, after the company reported earnings results for the first half of 2020. The stock is now trading below $1, an important thres...
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