RSSCategory: technology

RA: Consumer Protection And Market Review

RA: Consumer Protection And Market Review

The Regulatory Authority of Bermuda today [Feb 18] announced that “Bermuda’s electronic communications  and electricity sectors will soon be guided by two new sets of standards to further protect consumers, which are released for consultation.” “They are the Principles of Consumer Protection and Market Review,” a spokesperson... Read more of this article

Coinsquare Acquires Crypto Platform StellarX

Coinsquare Acquires Crypto Platform StellarX

Coinsquare — a cryptocurrency trading platform — announced it has acquired StellarX. “StellarX will be a wholly owned subsidiary of Coinsquare, based in Bermuda and will look to apply with the regulators there to become licensed to operate and scale its offering under Coinsquare’s compliance leadership,” the company said. “The... Read more of this article

FI Launching Automated-Hedging Platform

FI Launching Automated-Hedging Platform

Fundamental Interactions announced the launch of its proprietary automated-hedging platform designed to jumpstart liquidity within a new exchange. “It allows an automated market maker to refactor quote feeds from an active external exchange in order to supply continuous order liquidity to the internal market book. VL Financial Ltd, currently in... Read more of this article

Auto Solutions Launch Self-Serve Car Wash App

Auto Solutions Launch Self-Serve Car Wash App

Auto Solutions has launched Bermuda’s first self-serve car wash operated by an app. The ‘”Touch-4-Wash” app is now available for download in Bermuda and the app-activated car wash officially opens on Friday, February 15, 2019. The car wash can be used by everyone and is not just limited to Auto Solutions customers. The self-serve car wash can... Read more of this article

OBA Leader & Minister On Fintech Hub, Plans

OBA Leader & Minister On Fintech Hub, Plans

The Government putting the plans for a fintech hub on hold is an “admission that the fintech policy is not working,” and raises “questions about the viability” of the PLP’s economic stimulus plan, Opposition Leader Craig Cannonier said, while Minister Jamahl Simmons said “the best investment a Government can make is in... Read more of this article

Govt ‘Reviewing Resources’ For Fintech Hub

Govt ‘Reviewing Resources’ For Fintech Hub

The ‘Project 44′ FinTech hub –  slated for the third floor of the IAS Building on Church Street in Hamilton –  has been put “on hold” the Government has confirmed. “The Government wants to ensure that it is not only being fiscally prudent, but effective and efficient with the appropriate use of its resources,”... Read more of this article

Phishing Email Scam, Resident Loses Thousands

Phishing Email Scam, Resident Loses Thousands

The police are once again urging people to “remain vigilant regarding phone calls, e-mails and other correspondence from unknown persons that attempt to obtain personal information or other sensitive data,” saying that a recent email scam purporting to be from a local bank “resulted in the loss of several thousand dollars from one... Read more of this article

Ad Tech Startup TribeOS Launches FIRE

Ad Tech Startup TribeOS Launches FIRE

[Updated] Ad Tech Startup tribeOS announced that they have launched FIRE, which according to their website is a “Security Token Offering” which has been approved by Bermuda officials. The company’s website said, “tribeOS, a digital advertising marketplace that uses distributed ledger technology to provide a new level of transparency... Read more of this article

Dept Of Education On PowerSchool Changes

Dept Of Education On PowerSchool Changes

The Department of Education has provided an update for parents on changes to the PowerSchool program. A Government spokesperson said, “The Department of Education would like to take an opportunity to update parents on various changes to the PowerSchool program, caused by required updates to the system. “It should be noted that PowerSchool is currently... Read more of this article

XBTO To Launch Stablecoin Clearinghouse

XBTO To Launch Stablecoin Clearinghouse

Stablehouse.io, a new venture created by XBTO International, XBTO Ventures and Phil Potter, formerly of Bitfinex and Tether, announced their intention to launch a “first-of-its-kind clearinghouse for stablecoins that seeks to promote the next phase of the market’s development.” “Stablecoin” is a term used in relation to cryptocurrency... Read more of this article

Fintech, Blockchain Training Briefing Sessions

Fintech, Blockchain Training Briefing Sessions

The Bermuda Government is sponsoring training and education opportunities, and will be holding Briefing Sessions later today. The event poster says, “The Bermuda Government is sponsoring training and education opportunities for all interested persons. Space is limited.“Some opportunities on offer are: Fintech, Blockchain, and Cybersecurity Bootcamps;“Online... Read more of this article

Drone Seen Hovering Over Westgate On Feb 3

Drone Seen Hovering Over Westgate On Feb 3

Today [Feb 5], Minister of National Security Wayne Caines received a report from Acting Commissioner of Corrections Keeva-mae Joell-Benjamin that a drone was seen hovering over the Westgate Correctional Facility in the early morning hours of Sunday, February 3. A spokesperson said, “The police were notified of the sighting. “Minister Caines... Read more of this article

Global Simulcast Marriage Seminar To Be Held

Global Simulcast Marriage Seminar To Be Held

A ‘Live International Live Global Simulcast Marriage Seminar’ will be held on Friday, February 8th and Saturday, February 9th. A spokesperson said, ”’The Way Ministry BDA’ in partnership with ‘Marriage Today Ministries’ presents ‘Escape the Ordinary’ a live Global Simulcast Marriage Seminar. “Just in time for Valentine’s... Read more of this article