How Not to be a VC: SEC Charges HBS Grad Mike Rothenberg with Fraud

The Securities and Exchange Commission (SEC) has charged Michael (Mike) B. Rothenberg, and his firm Rothenberg Ventures with fraud. Rothenberg, and his company, has agreed to settle the charges without admitting nor denying the allegations incorporated in the SEC complaint. The SEC states that Rothenberg’s... Read More The post How Not

Update: VITL Set to Close Crowdcube Campaign With More Than £1 Million in Funding

VITL, a UK-based personalized nutrition platform, is set to close its equity crowdfunding campaign round on Crowdcube with more than £1 million in funding. The campaign, which launched last money and quickly raised its £400,000 initial funding target, has attracted nearly 480 investors.  As previously reported, ... Read More The post Update: VITL

Dash Update: More Than 2,000 Merchants Around the Globe Accepts the Crypto As Payments For Goods & Services Thanks to Venezuela Presence

Digital currency platform for payments and e-commerce Dash announced on Monday that more than 2,000 merchants around the world now accept its cryptocurrency for good and services. According to Dash, the number of merchants is up from 639 in February 2018 to its current total listing of... Read More The post Dash Update:

SFOX Lands $22.7 Million Series A for Institutional Crypto Asset Platform

SFOX, has a substantial $22.7 million in Series A funding led by Tribe Capital and Social Capital. The funding round also garnered the support of other well known VCs including Khosla Ventures, Blockchain Capital, Y Combinator, DHVC, Upside Partnership, SV Angel, DCG, Mark Britto, and Airbnb Co-Founder... Read More The post SFOX Lands

Movado Group acquires watch startup MVMT

The Movado Group, which sells multiple brands, including Lacoste, Tommy Hilfiger and Hugo Boss, has purchased MVMT, a small watch company founded by Jacob Kassan and Kramer LaPlante in 2013. The company, which advertised heavily on Facebook, logged $71 million in revenue in 2017. Movado purchased

Update: Fingopay’s Equity Crowdfunding Campaign Nears £850,000 During the Final Days on Crowdcube

UK-based payment services Fingopay is set to close its equity crowdfunding campaign on Crowdcube with nearly £850,000 in funding, thanks to more than 450 investors. The funding round was launched last month and quickly raised its initial £750,000 target.  As previously reported, FingoPay, which was created by Sthaler, in... Read More The post Update: Fingopay’s

Deloitte Survey: 44% of US Execs Suspect Blockchain Overhyped but Expect Future Disruption: “Not Quite Ready for Prime Time”

Exuberance for blockchain amongst large enterprise execs has deflated slightly in the past two years, says Deloitte in their recent global blockchain survey. The company’s 2018 global blockchain survey of 1053 “blockchain-savvy” managers at companies doing more than $500 million a year has found that 40%... Read More The post Deloitte Survey:

Local Disgruntled Over Noise Threatens to Bomb Norwegian Crypto Mining Facility

The operators of two crypto-mining facilities in rural Norway received a rather stern noise complaint last week in the form of a bomb threat, Vaksdalposten reports. According to a loose translation, Norwegian firm Krytpovault say the threatening note came in after the company’s operations in... Read More The post Local Disgruntled