With everything that has gone down at Better.com over the past 18 months, many of us are scratching our heads in wonder that CEO Vishal Garg remains employed.
SEC investigating Tesla over solar panel defect allegations
U.S. securities regulators have opened a probe into Tesla over allegations from a whistleblower that the company did not disclose to shareholders fire risks from its solar panel systems. The allegations were made by Steven Henkes, a former Tesla employee, who filed his complaint with the U.S. Securities and Exchange Commission back in 2019, Reuters […]
3 ways fintech companies can help retailers launch financial services
As retailers expand banking opportunities, they will need help positioning their products, keeping them safe and selling to end users. Now is your chance to make connections in that world.
Why Facebook’s angry emoji should interest the US SEC
The U.S. Securities and Exchange Commission must thoroughly investigate Facebook and enforce our laws.
‘Fantasy startup investing’ NFT platform Visionrare shuts down paid marketplace after a day in open beta
Just over 24 hours into its open beta, Visionrare, which launched an NFT marketplace for “fantasy startup investing,” is temporarily shutting down and refunding users who purchased shares, saying it will relaunch soon as a free-to-play game. The platform allowed users to bid on auctions of fake NFT shares of real startups, building up a […]
Apps to reach record highs in Q3 of 36B downloads and $34B in consumer spending
A new forecast on the state of the app economy indicates the third quarter will see record-breaking revenues spent on apps and games. According to App Annie, consumers worldwide will spend $34 billion on apps and games in Q3, a 20% year-over-year increase on spending. The increase indicates that the Covid-19 pandemic’s impact on consumer […]
SEC Regional Director Erin Schneider talks SPACs, Coinbase and what startups could do better
Schneider shares insight into her personal thinking about a range of issues including crypto lending, SPACs, NFTs and what startups can do to stay out of regulators’ cross hairs.
Robinhood muscles deeper into Coinbase’s territory with new crypto wallet feature
The fervor around Dogecoin delivered big revenues for stock-trading app Robinhood, and the company announced Wednesday that it’s wandering deeper down the crypto rabbit hole, sharing that it will soon begin testing crypto wallets for its users. The crypto wallets, which Robinhood says it will begin rolling out next month over time to users on […]
SEC Regional Director Erin Schneider is joining us at Disrupt
If ever there was a time when working at the Securities and Exchange Commission was a dull affair, that’s no longer true. The federal agency that’s responsible for protecting investors and maintaining fair and orderly functioning of our securities markets is busier than ever, thanks to the rise of SPACs, cryptocurrencies and new rules around […]
OpenSea admits incident as top exec is accused of trading NFTs on insider information
The “eBay of NFTs” is running into a scandal as it admits one of its employees traded the crypto digital assets using insider information from the platform. Yesterday, a top executive at NFT platform OpenSea was accused of front-running sales on the platform, purchasing pieces from NFT collections before they were featured on the homepage […]