Finance

Alibaba’s Ant Group Set to be 2020’s Top IPOs in Hong Kong and Shanghai
Finance

Alibaba’s Ant Group Set to be 2020’s Top IPOs in Hong Kong and Shanghai

Ant Financial, formerly known as Alipay and known renamed to ‘Ant Group’, has announced its intentions of launching an initial public offering (IPO) that would be featured both on the Shanghai Stock Exchanges' STAR board and the Stock Exchange of Hong Kong (HKEX/ SEHK).

Microsoft and Finastra Open Cloud Solution to Exponentially Accelerate Innovation for 8,500 Banks and Institutions
Finance

Microsoft and Finastra Open Cloud Solution to Exponentially Accelerate Innovation for 8,500 Banks and Institutions

Finastra and Microsoft Corp have announced a strategic, multiyear cloud agreement to help accelerate the digital transformation of financial services and help realise and open source future for finance.

Credit Giant MasterCard Grants Wirex First Principal Membership License
Finance

Credit Giant MasterCard Grants Wirex First Principal Membership License

Wirex has become the first native cryptocurrency platform to be granted a principal membership license from credit giant Mastercard as part of their accelerated expansion into digital assets.

AML BitCoin Lobbyist Abramoff to Pay $55K in Convicted Guilt Plea for ICO Fraud
Finance

AML BitCoin Lobbyist Abramoff to Pay $55K in Convicted Guilt Plea for ICO Fraud

In the civil case filed against Jack Abramoff for his role in the 2018 Initial Coin Offering (ICO) scandal, the AML BitCoin lobbyist is expected to pay $55, 000 in disgorgement and interest for his conspiracy in fraud.

Covid-19 and DeFi — TokenInsights Releases Q2 2020 Report on Decentralized Ecosystem
Finance

Covid-19 and DeFi — TokenInsights Releases Q2 2020 Report on Decentralized Ecosystem

TokenInsights has released their Q2 2020 DeFi industry report to shed some light on the fast-moving Decentralized Finance (DeFi) ecosystem and how it withstood the onslaught of the COVID-19 market.

Samsung Adds New Crypto Feature to Their Devices with “Stellar” Blockchain
Finance

Samsung Adds New Crypto Feature to Their Devices with “Stellar” Blockchain

Samsung device users can now securely store the private keys of their cryptocurrency wallet on their phone, with a recent add-on feature by the Stellar Development Foundation (SDF).

‘AML BitCoin’ Lobbyist Abramoff Pleads Guilty to ICO Fraud
Finance

‘AML BitCoin’ Lobbyist Abramoff Pleads Guilty to ICO Fraud

AML BitCoin lobbyist Jack Abramoff has pleaded guilty to multiple accounts of fraud associated with the 2018 Initial Coin Offering (ICO) for AML BitCoin.

The Nascent Primary Market of Security Token Offerings
Finance

The Nascent Primary Market of Security Token Offerings

Now that the ICO market bubble ebbed away security token offerings (STOs) have emerged, allowing investment in regulated securities recorded on a blockchain according to new research from the Oxford Faculty of Law

Japan Will Include Central Bank Digital Currency in Honebuto Economic Plan
Finance

Japan Will Include Central Bank Digital Currency in Honebuto Economic Plan

The Japanese Government has continued its acceleration towards a Central Bank Digital Currency (CBDC) and is set to include its consideration in its formal economic plan.

Blockchain-Focused Fund COSIMO X Acquires Seven-Figure Funding from RIT
Finance

Blockchain-Focused Fund COSIMO X Acquires Seven-Figure Funding from RIT

COSIMO Ventures, an investment firm situated in Boston and Dublin, recently announced that the Rochester Institute of Technology (RIT) has endorsed them with a seven-figure investment.