Kik Interactive fined $5m for unlawful tokens sale
Chat app developer Kik Interactive has entered into a settlement with the Securities and Exchange Commission for the unlawful sale tokens in 2017 and has agreed to pay $5m in fines.
How the 34 FinTech rounds raised last week show where the InsurTech and cybersecurity...
Last week proved to be good week in terms of FinTech investment, with the rounds revealing the state of CyberTech and InsurTech.
China is trialling its digital yuan
China has taken a place at the front of the nations looking to digitalise their economies by trialling its digital yuan.
The FCA bans the sale of certain cryptocurrencies like bitcoin
The Financial Conduct Authority (FCA) has banned the sale of derivatives and exchange traded notes that reference certain types of cryptocurrencies like bicoin, ripple and ether to retail consumers.
McAfee founder faces fraud charges for alleged $23m ICO scheme
John McAfee, the founder of cybersecurity company McAfee, is facing criminal charges after the Securities and Exchange Commission accused him of having failed to be transparent about being paid to promote initial coin offerings.
Twitter hires new CISO after bitcoin hack
Twitter suffered an embarrassing hack attack in July that saw scammers compromise several high-profile accounts in a cryptocurrency scheme. Now the social media network has hired a new chief information security officer.
23 FinTech rounds raised in the last week
Last week proved a huge win for challenger banks and the Latin American FinTech sector. Check out these funding rounds to find out why.
Bank of England governor calls for cryptocurrency regulations
Andrew Bailey, governor at the Bank of England, has called on financial regulators to stop playing catch up in how they supervise digital payments methods such as stablecoin and cryptocurrencies.
Cryptocurrency exchange Bithumb found partially liable in data leak
South Korean cryptocurrency exchange Bithumb has been found partially liable for a data leak in 2017 that cost a customer over $27,200.
Fourth person investigated in Twitter bitcoin hack is only 16
A fourth suspect is reportedly being investigated in relation to the massive July Twitter hack that involved a huge bitcoin scam.
