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Stay up to date on the latest trends in FinTech – where technology meets finance to create new market opportunities.

FinTech Firms Look to Hire Compliance Officers

Financial technologies companies have always operated in a tough spot. Not only do they often occupy a space where regulatory guidelines are blurry at best but they also need to explain their innovations to agencies that might not fully comprehend these new ways of doing things. That's why it should...

Americans Lost $1.7 Billion in Bitcoin Investments Last Year

Americans lost a total of $1.7 billion in 2018 by investing in Bitcoin. Moreover another $5 billion in unrealized losses is also estimated. While the losses themselves may be expected, something most investors don't realize is that they can deduct these losses on their taxes.

Plaid Acquires Competitor Quovo

The FinTech firm Plaid has reportedly purchased rival startup Quovo in what amounts to the company's first major acquisition. According to CNBC sources, the deal was valued at just under $200 million, although terms were not officially made public. This news comes just a few weeks after Plaid raised $250...

Ethereum Classic Chain Reorg Results in $1.1 Million in Double Spend

The cryptocurrency market is no stranger to hacks and other attacks that have resulted in the theft of thousands of dollars in digital currency. Now it seems the latest asset to be hit is Ethereum Classic with chain reorganizations being detected. As CNBC reports it is possible that the reorgs — which...

Global FinTech Funding Reaches High in 2018

It seems that every year over the past several has been dubbed "The Year of FinTech" by someone — and often times for good reason. However, if you were considering bestowing such a title to 2018, you'd have one big stat on your side. As Business Insider reports it proved...

2018 Was a Bad Year for Cryptocurrencies 2

On December 15th, 2017 Bitcoin reached an all-time high of $19,650. Since then a lot has changed for the star crypto asset and its contemporaries — and not for the better. Currently Bitcoin is trading south of $4,000 per coin, startups that rode the wave in are starting to crash, and concerns...

Coinbase Earn Aims to Educate Users About Cryptocurrencies 2

Just because cryptocurrencies are an often discussed and debated topic these days doesn't necessarily mean that the public at large fully understands them. That's where the popular crypto exchange Coinbase is looking to make a difference. In a blog post this week, the company announced their Coinbase Earn platform that...