F|T: The FinTech Times – Cryptocurrency crackdown

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BetaKit

OSC and BCSC issue warnings against cryptocurrency firms

The Ontario Securities Commission has issued a warning against firms that it says are not registered to provide advice on investing in securities in Ontario.


techcrunch

TruStory, a new startup, just raised $3 million to identify ICO scams before they happen

The seed funding was led by True Ventures, with participation from Pantera Capital, Kindred Ventures, Homebrew, Coinbase Ventures, Wonder Ventures, Abstract Ventures and Alexia Tsotsis.


betakit

C2 Montreal panel: Lack of education, slow gov’t regulation delaying widespread blockchain adoption

Panelists also gave examples of the most useful and disruptive industry applications of blockchain technology.


fortune

Meet the Goldman Sachs-backed FinTech startup aiming to take over North America

Consumers who have ever used an app to manage any aspect of their finances have most likely used Plaid—even if they didn’t know it.


forbes

Revolut adds bitcoin cash and Ripple as users make 100,000 bitcoin, litecoin, ethereum trades a day

The company, which is Europe’s fastest growing so-called unicorn, said 20 percent of its 400,000 users have now unlocked cryptocurrency trading since it was made available on its app late last year.


bk

CryptoKitties sued for trade secret misappropriation

According to a report from VentureBeat, Axiom Zen is being sued by California-based StarCoin (which goes by Tradestar) for trade secret misappropriation and breach of a previously signed confidentiality agreement.


techcrunch

Adyen confirms an IPO in Amsterdam, valuing the payments giant at $7B-$11B

Adyen powers payments for large and smaller e-commerce merchants and others.


pymnts.com

Kenya moves to regulate digital lending

“We have a lot of predatory lending out here, which we want to regulate.”


techcrunch

Yahoo shuts down social savings app Tanda only months after launch

The company announced the news of the app’s closure via a blog post, which vaguely hinted at a lack of traction. That appears to be true – the app isn’t even in the top 1,500 in the Finance category on the App Store.


theverge

PayPal will work inside Gmail, YouTube, and more, thanks to Google Pay

The new integration, which will go live later this year, will include apps like Gmail, YouTube, the Google Store, and any service using Google Pay, including peer-to-peer transfers as well as payments.


yourstory

FinTech startup ImpactGuru raises $2M in Series-A round, led by Apollo Hospitals Group and Venture Catalysts

ImpactGuru is a healthcare, nonprofit, and personal cause donation crowdfunding platform.


bk

With $2 million in seed funding, NorthOne wants companies to understand their financial health

Originally known as Ferst Digital, the company says three thousand businesses have signed up for its platform ahead of a fall launch.


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Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.