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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient

There is good reason for this shift in view; according to Marc Bernegger, co-founder of crypto fund AltAlpha Digital, “after last year’s explosion of crypto hedge funds around the globe, there are now over 400 active funds, excluding those focused on venture capital.” State Regulations.

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Ascena Files For Chapter 11 Bankruptcy, Plans Store Closures

PYMNTS

has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of Virginia. The retailer and “certain of its subsidiaries” have come to a restructuring support agreement (RSA) with more than 68 percent of secured term lenders, according to a Thursday (July 23) statement.

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B2B Investors Get Smart About Business Intelligence

PYMNTS

Business intelligence is a common theme in this week’s B2B venture capital (VC) roundup, with many startups deploying artificial intelligence (AI) and sophisticated data analytics technologies for their business customers. Investors placed more than $136.5 The rundown of the latest funding rounds is below.

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A New Echo Hack Unearthed At Defcon

PYMNTS

Defcon , the annual hackers conference, has turned up a new security concern in smart speakers like the Amazon Echo. Amazon was warned about the security hole before the two programmers presented at Defcon, and there is already a patch in place for the security hole, according to reports in Wired.

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Digital Disruption

Independent Banker

One of the biggest problems with FinTech companies is that many of them exploit existing banking infrastructure—including debit, credit and ACH networks—and access traditional checking and saving accounts, yet face minimal regulation when it comes to data security and privacy. Now it has a small-business financing program, Square Capital.

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The Top 20 Venture Capitalists

CB Insights

For the third consecutive year, we worked with The New York Times to identify and rank the top 100 venture capital professionals from around the globe. Below are the detailed profiles of the Top 20 Venture Capital Partners. PROFILES OF THE TOP 20 VENTURE CAPITAL PARTNERS. Current Firm: First Round Capital (Founding Partner).

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Software Procurement Plays Favorites With B2B Investors

PYMNTS

However, it was a B2B software procurement platform that raised the most money — $55 million — in this week’s B2B venture capital roundup. Mission Secure. Cybersecurity startup Mission Secure raised funds in a Series A funding round, the company announced this week, though it did not divulge on how much it raised.

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