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News (176)

China’s Shaky 2019 Dragged Global Fintech Numbers Down: Report

Global investments in fintech firms dipped 3.7% last year, with a steep dip in Chinese activity largely the reason, according to a new report from Accenture. So reports The South China Morning Post.

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Enigma to Pay $500K in Settlement Over 2017 ICO

Blockchain company Enigma agreed to settle with the U.S. Securities and Exchange Commission regarding a 2017 initial coin offering (ICO). So reports The Block.

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LendingClub Buys Regulated Bank in Historic Transaction

Fintech personal loan company LendingClub is buying Radius Bancorp in a first-of-its-kind deal. So reports CNBC.

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Florida Gov. Doles Out $3.6M to Help Address Fintech Labor Shortfall

Florida Gov. Ron DeSantis will allocate $3.6 million for fintech workforce training in Northeast Florida. So reports the Jacksonville Daily Record.

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Korea’s POSTECH Using Blockchain to Distribute Diplomas as Coronavirus Wreaks Havoc

South Korea’s Pohang University of Science and Technology is going to issue blockchain-stored diplomas in lieu of a traditional graduation ceremony amid fears of the coronavirus. So reports The Block Crypto.

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'Kryp+0 K!ng' Charged in 'Scam' Taking Millions from Investors, ex- MLB Players

A complaint from Arizona federal court alleges the self-proclaimed “Kryp+0 K!ng” and his partners ripped off more than 100 investors, for millions of dollars. Some of the alleged victims are former MLB players, who were not named. So reports Quartz.

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Justin Sun, Warren Buffett Sit Down Finally Happens

The TRON Foundation’s Justin Sun finally had his much-anticipated dinner with Warren Buffett after the former had to suddenly cancel months earlier. So reports Coindesk.

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Tapscotts, Crypto Entrepreneurs, Among Targets in $50M SIM-swapping Scam

Reputed hacker Samy Bensaci, an 18-year-old from Canada, was charged for his alleged role in a $50 million cryptocurrency scam. So reports Cointelegraph.

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Funding Circle Takes Top Spot in 'Business Lending' Category of Global Fintech Report

Funding Circle won first place in the “Business Lending” category at the Center for Financial Professionals FinTech Leaders 2020 Report. So reports the Associated Press.

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Fintech Labor Shortage Spurs Toronto Boot Camp

The University of Toronto’s School of Continuing Studies is teaming up with Trilogy, an education service company, to launch a 24-week fintech boot camp. So reports Bank Innovation.

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