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News (805)

Seattle Fintech Taking on Banks Boasts Some Big Backers

Seattle startup Seashell recently enjoyed a $6 million seed funding round with some notable names behind it. So reports GeekWire.

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FTFTX Rollout Set to Deliver Round-the-Clock Crypto Market Data for Investors

FTFT Capital Investments, a subsidiary of the blockchain e-commerce firm Future FinTech Group, formally rolled out its new market data platform aimed at providing top-tier, reliable crypto data and aggregate trading information gleaned from other exchanges.

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BTCS Shareholders Can Now Take Their Dividend in BTC

Blockchain tech firm BTCS will offer bitcoin dividends for investors interested in the cryptocurrency. So reports Cointelegraph.

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NASCAR Walks Back Sponsorship Approval of 'Let's Go Brandon' Meme Coin

Brandonbilt Motorsports was denied a sponsorship deal with the newly minted LGBcoin.io. So reports Speed Sport.

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Stripe Ramps Up Operations Ahead of Israeli Launch

U.S.-based fintech Stripe is preparing for its Israeli launch as it opened its sales and support operations in the Middle Eastern nation. So reports PYMNTS.

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Crypto Thieves Rip Off Investors to the Tune of Almost $8B in 2021: Analysis

A new report from blockchain data company Chainalysis found cryptocurrency scammers took more than $7.7 billion worth of assets from victims in 2021. So reports Yahoo!.

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Minko Seed Round Sets It Up to Grow Ops In India

Fintech startup Minko landed $1.5 million in seed-funds to grow its India-based operations. So reports the Business Standard.

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CFPB Sanctions LendUp for Repeated Violations, Orders $100K Fine

The U.S. Consumer Financial Protection Bureau (CFPB) issued a $100,000 penalty to LendUp Loans after citing it for “repeated deceptive marketing and other fair-lending violations.” So reports Reuters.

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Crypto Trading May Not Have a Place In Islamic Finance: Halal Lender  

Much ink has been spilled prognosticating about the true global impact of cryptocurrency trading. Among the many factors warranting consideration from pundits are the attitudes of retail traders, institutional investors, banks, governments and other regulatory agencies.

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Kickstarter Revamping 'Core Functionality' with New Open-source Protocol  

Kickstarter is in the process of developing a new open-source protocol aimed at building a “decentralized version of Kickstarter’s core functionality.” So reports The Verge.

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