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Shopin Founder Pleads Guilty to Orchestrating Fraudulent $42 Million ICO

The New York Attorney General (NYAG) Letitia James announced the conviction of Shopin founder Eran Eyal for orchestrating a fraudulent initial coin offering (ICO) following his guilty plea.As the NYAG announced on Dec. 12, the former CEO of Shopin pleaded guilty to felony charges for running a fraudulent initial

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US SEC Charges Shopin Founder With Orchestrating Fraudulent $42 Million ICO

The United States Securities and Exchange Commission (SEC) has charged Eran Eyal, the founder Shopin, with orchestrating a fraudulent initial coin offering (ICO).In a press release on Dec. 11, the SEC alleged that the businessman and his company defrauded hundreds of investors in an ICO that raised more than $42

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XRP Utility Tops $100 Million Q4 & Bridge Token Discussed in Congress

After a record-breaking October, the XRP Ledger continues to grow in real-world usage and utility ending November with $100 million in ODL transactions. Although XRP price remains unaffected by the growing spike in utility growth, it shows the financial world it works, it is fast, secure and far, far cheaper. These transactions

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Canadian Venture Capital Firm Secured $320 Million to Invest in Fintech Startups

Portag3 Ventures, a Canadian venture capital (VC) firm, has closed a second fund with around $320 million to invest in fintech startup companies globally.On Dec. 3, TechCrunch reported that the VC company received final commitments from institutional and strategic investors totaling $320 million. The funds will allow the company

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