FinTech on the Block to Gather Leaders

Meet HSBC, Nasdaq and other iconic companies at the FinTech on the Block Conference and TokenExp 
22 October 2018   380

FinTech on the Block (FTOB) Conference and TokenExpo is a two-day event that assembles the leading Finance, FinTech and Blockchain players as well as private and institutional investors. We are proud to host Sam Cassatt (Chief Strategy Officer at ConsenSys), Jeff Thomas (Vice President of Nasdaq's Listing Services), Tim Draper (Founder of Draper Associates), Kaushalya Somasundaram (Head of Fintech Partnerships at HSBC) are among our speakers.

FTOB highlights:

  • Our attendees are the “who’s who” of the finance and blockchain markets
  • 300+ of the leading finance/fintech/blockchain experts
  • 20+ handpicked fintech start-ups onstage
  • Practical cases and workshops
  • Networking coffee breaks and lively afterparties
  • All-inclusive conference app and latest networking and matchmaking
  • “Pup-up” discussion topics and “surprise” artistic interventions

The event will take place on November 27-28 at the historic Hibernia Bank building in San Francisco and will bond over 1500 delegates and 80 speakers that make up the foundation of the fintech and blockchain ecosystems.

Hibernia Bank building in San Francisco
Hibernia Bank building in San Francisco

The Forum will feature panel discussions, networking sessions, workshops and a VIP party. There also will be an EXPO with the latest fintech developments.

During the two-day event, venture capitalists, leading fintech startups and top-10 banks representatives will be discussing the evolution and future of money, adoption of blockchain in finance, cybersecurity, regulation in the Fintech and Blockchain industries and other emerging trends that are disrupting traditional banking and financial industry.

Get more info here!

And a special for Hype Codes readers - a discount with HYPERCODES15 promo code! 

Pure Bit to Refund Investors' Money

Another cryptocurrency scam storu may have happy ending
15 November 2018   70

The founders of the South Korean exchange Pure Bit, who were suspected of stealing investors' money, announced the return of funds.

According to the local edition of BlockchainROK, representatives of the exchange have already partially returned the money to some users and pledged to return all other funds.

On November 4, the exchange team launched the ICO with the goal of collecting about $ 30 million to create a crypto exchange. However, on November 9, Pure Bit closed the site, said goodbye to its investors and removed everyone from the group in the KakaoTalk messenger. Also, the founders of the exchange withdrew funds from the account that was used for ICO.

According to CCN, one of the issues traced the Ethereum address of the exchange and asked Upbit to block the account and freeze the funds. Upbit fulfilled this request.

This is Pure Bit. First off, I would like to apologize to everyone that was affected by the ICO. Since November 5, I raked in 16,000 ETH and did not open a crypto exchange as promised. I kicked out everyone in our social media chat groups and disappeared without any message. I negatively affected investors in the project psychologically and financially. I made an unforgivable mistake that cannot be turned around, blinded by money. It has been less than a day and I have already started to suffer from guilt. Although it cannot be compared with the hardship faced by the investors, I also felt significant guilt. I sincerely apologize to all of the investors in the ICO who were affected by the operation.
 

CEO of Pure Bit

The founder of Pure Bit also notified that he would return ETH 16,000 to depositors without taking into account the payment of services to a third-party company that organized ICO.