Venmo’s Privacy Settings Could Be Exposing Your Biggest Secrets

Researchers and online activists are highlighting what they say is a serious flaw in Venmo, the popular mobile payments app. By default, the app makes much of users’ transaction data publicly viewable, allowing strangers to closely scrutinize individual behavior. That fact is dramatically illustrated at Public By Default, a research project detailing the 2017 transaction … Read more

The Weekly: New Regulations, Blackrock Probes Market, Coinbase Gets Into Politics

In this week’s daily editions of Bitcoin in Brief, we showcased stories about politicians trying to enforce their will on the cryptocurrency ecosystem around the world, thus pushing companies that are big enough to join the money-in-politics game. Also Read: Malta Stock Exchange to Develop Two New Platforms for Security Tokens Bitmain Expands R&D in … Read more

Report: Switzerland Struggles to Maintain Crypto Prominence as Banks Turn Away from Emerging Sector

The emergence of cryptocurrency and initial coin offerings has helped to bring Switzerland back into the lime light when it comes to financial services. Once a noted haven for “numbered” bank accounts and strict anonymity rules, the Swiss banking industry has dimmed in recent years… Read More The post Report: Switzerland Struggles to Maintain Crypto … Read more

Marketplace Lending News Roundup – July 21

During the week I share the latest marketplace lending and fintech news on Twitter as it happens. Then every Saturday I take the most interesting news items and blog posts from the past week and share them here. Rising Inflation, Bank Earnings, Deep-Dive on Inflation Trends from PeerIQ – The latest PeerIQ newsletter takes a look … Read more

WhatsApp Payments Rollout Delayed In India

Due to possible concerns over the storage of user data and other issues, the Indian government is delaying Facebook’s planned nationwide launch of the WhatsApp payment service in the country. The Ministry of Electronics and Information Technology (MeitY) has reportedly asked WhatsApp, along with partner banks, to provide additional details about the system, Bloomberg reported. “We … Read more

The State Bank of Vietnam Suspends Import of Crypto Mining Hardware

The central bank of Vietnam has suspended imports of cryptocurrency mining hardware to prevent the use of crypto as payment. The Vietnamese central bank, the State Bank of Vietnam (SBV) announced it will suspend the import of cryptocurrency mining hardware, according to local news agency Viet Nam News July 19. The move followed an official … Read more

StartEngine will Now Accept Bitcoin from Investors for the Reg CF Offerings

StartEngine. a full stack crowdfunding platform including ICOs, is now accepting Bitcoin. StartEngine becomes the first FINRA approved Reg CF funding portal to accept cryptocurrency from investors. The addition of Bitcoin is just further indication of the merging of the two sectors of more traditional… Read More The post StartEngine will Now Accept Bitcoin from … Read more

The Challenges And Rewards Of Having Hundreds Of Local Payment Options

Change typically brings confusion and some level of chaos, and that’s true for merchants trying to win over foreign shoppers and master cross-border payments — achievements that can provide a revenue edge as eCommerce continues to grow across the world. And digital technology’s ongoing work of tying together global markets, combined with the spread of … Read more

Study Shows Many ICO Protocols Fail to Match White Paper Promises

On July 19, a group of interdisciplinary researchers from the University of Pennsylvania, with guidance from the esteemed Penn Law professor David Hoffman, published an in-depth study of initial coin offerings (ICOs) that promise innovative concepts like autonomous governance and operate by the belief that ‘code is law’. However, most of the ICOs the group … Read more

Barclays Files Two Digital Currency and Blockchain Patents with U.S. Patent Office

Barclays has filed two U.S. patent applications relating to the transfer of digital currency and blockchain data storage. Barclays has filed two patent applications relating to the transfer of digital currency and blockchain data storage, both published by the U.S. Patent and Trademark Office (USPTO) July 19. The first patent describes a system for transferring … Read more