Companies

Energy companies have become a very attractive conspiratory cover for many fraudulent initial coin offerings (ICOs). Since the micro-hydropower plant developer Turbulent discovered its name had been used for running an ICO, another well-known company fell victim to the scam scheme.

Cryptocurrency payment provider Bonpay made a stunning ascent last year with 22,000 ETH gathered from the ICO. A finance solutions division that solves the problem of using cryptocurrencies in everyday life has become a crucial platform for 20,000 users.

With a Rewarding Ecosystem and Strategic Investment by Pantera Capital, Bgogo Might Become the Crypto Trading Behemoth.

The German-based Banking-as-a-Platform (BaaP) institution,  Solarisbank proclaimed a launch of a new banking service plan that will majorly concentrate on customers from the digital currency and blockchain industry. The newly depicted resource known as "Blockchain Factory" will provide financial management services to all willing companies whose business activities deal indirectly and directly with blockchain tech and crypto solutions.

Dacxi, a new fintech company, is setting out to disrupt the crypto exchange market by introducing an entirely new category of exchange - the Community Exchange. Its goal is to help solve the mainstream adoption problem and empower the everyday investor to take on the world of crypto.

The government of Bermuda is planning to amend the Banks and Deposit Companies Act in order to give enough room for innovation in the industry to flourish.

Stealing of Cryptocurrencies from crypto exchanges highly increased in the first six months of this year to triple the level experienced the whole of last year.

The mobile payments app Ubank will be pre-installed by the South Korean company LG Electronics on its smartphones, which will become gradually available in various world markets. The Ubank app is already pre-installed by Samsung in 10 countries.

Crowd for Angels, one of the UK’s leading crowdfunding platforms for shares, crowd bonds and tokens, is delighted to announce the upcoming launch of its first private token sale, for online fraud prevention business CryptoPolice. Having met with the management team and after applying its rigorous due diligence process to the company, Crowd for Angels will put the sale live on Thursday, July 12.