technical - FinTecBuzz

Technical Standards Committee appoints five additional members

June 2, 20225 min

The Bitcoin SV Technical Standards Committee (TSC), an industry-led standards organisation for the BSV ecosystem, today announces that it adds five additional members to the committee. With these appointments, the TSC is well-positioned for future tasks and challenges ahead at a very critical stage for the BSV ecosystem as more and more enterprises integrate and work with the BSV blockchain. The committee looked for representatives with a deep understanding of the BSV blockchain from a technical perspective and who...

by PRNewswire

Investments

Energi Secures $50 Million Investment Commitment from GEM

May 20, 20226 min

Security-focused blockchain, Energi (NRG) secures Investment Commitment for $50 million. This marks an important step forward for the organization which has until now sustained itself by self-funding, rather than having launched with a pre-mine or ICO. With this investment commitment, Energi is well-positioned to continue its growth and drive the adoption of its blockchain technology. The commitment was led by the Bahamas-based GEM Digital Limited (GEM). GEM Digital Limited is a digital asset investment firm. Based in...

by BusinessWire

Insurance

Charles Taylor Adjusting Promotes Cullen Sophy to US CEO

May 4, 20226 min

Cullen has played an integral role in leading the company’s rapid growth in the US and plans to drive accelerated progress as US CEO of Adjusting and Technical Services

by PRNewswire

Crypto Currencies

eCash & Other Crypto Upstarts Shrug Bear Threat

February 3, 20227 min

Large price drops in the crypto and stock markets have left investors reeling through the start of 2022. Bitcoin, the largest cryptocurrency by market cap, fell more than 50% to less than $34K, where RSI reached its most ‘oversold’ since the brief crash in March 2020 (Suberg). Traditional equity investments are also in the red, with tech stocks and bond markets hit hardest. The plunge occurred amid threatened interest rate hikes from the U.S. Federal Reserve, decades-high inflation,...

by PRNewswire

Platforms

DeFiato Completes First Round of Private Fundraise

November 26, 20214 min

Strong investor interest and participation from prominent Decentralised Finance-focused funds such as DAO Maker and Mirana Ventures Surpassed 80,000 international users within 6 months DeFiato, a next-generation fintech platform for Decentralised Finance (DeFi), successfully completed the first round of its private token sale. Participating investors include leading DeFi-focused funds DAO Maker, Mirana Ventures (a venture partner of Bybit and BitDAO), CRC Capital, Double Peak Group, Dweb3 Capital and 7 O’Clock Capital. The strong interest and...

by BusinessWire

Insurance

Vouch Announces $90 Million of Funding

September 13, 20215 min

Vouch Becomes a Reinsurer and Launches Licensed Carrier to Expand Insurance Coverages for Early to Mid Stage Startups

by PRNewswire

Insurance

Insurtech Leader iCover Raises Undisclosed Seed Funding

September 13, 20212 min

iCover, a Missouri-based Insurtech that provides an algorithmic underwriting Platform as a Service (paas) for life insurance companies, raised an undisclosed amount in seed funding. The company intends to use the funds raised to expand insurance distribution through a direct-to-consumer offering, increase technical staff and expand sales and marketing efforts. iCover also announced a multi-year partnership with KSKJ Life, headquartered in Joliet, IL, that allows iCover to onboard KSKJ Life’s full suite of products which includes Final...