Shyft, a blockchain-based solution that is building a trusted ecosystem to enable secure and private data transfers, has announced its first group of companies that have signed an expression of interest to become Trust Anchors, including EnStream, BDO, Paysafe Group Plc (LON:PAYS), Polymath, and Aion, with more than one billion data points across key sectors…
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The Securities and Exchange Commission (SEC) has announced that Citigroup has agreed to pay $10.5 million in penalties to settle two enforcement actions involving its books and records, internal accounting controls, and trader supervision. The charges stem from $81 million of losses due to trader mismarking and unauthorized proprietary trading and $475 million of losses…
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Trading platform Tradeweb has announced the launch of the Tradeweb U.S. options platform for institutional customer-to-dealer trading. Designed to improve efficiency and access to liquidity in the surging U.S. options market, the Tradeweb U.S. equity options platform allows institutional investors to directly source full-size price quotes from multiple market makers using the request for quote…
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Venezuela is struggling very hard at the moment, experiencing both economic and political meltdowns. Amidst a crisis that is "living" among Venezuelans in so many ways, including their daily and social lives, the Venezuelan government has introduced its second official cryptocurrency, in addition to the bolivar fuerte, the petro - an oil-backed cryptocurrency. While Venezuela…
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TABB Group has just announced that it has added to its team two capital markets industry veterans, George Bollenbacher as head of fixed income research, and Russell Rhoads, as head of derivatives research. George Bollenbacher, a longtime industry expert and thought leader, has spent twenty years as a bond trader and ten years in the…
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Archax, the upcoming institutional-grade crypto exchange, has announced that it has partnered with Custom House Global Fund Services to perform Know Your Customer (KYC) and Anti Money Laundering (AML) checks on firms and professional investors wishing to join and trade on the Archax exchange. These checks will also be performed on all entities wishing to…
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Host Games, the blockchain-based online casino gaming protocol for emerging markets, has just announced the additions of Melissa Blau and Seth Schorr to its Advisory Board. They will help accelerate Host Game’s vision in bringing transparency to the $50 billion online casino gaming industry. Seth Schorr, CEO of Fifth Street Gaming and Chairman of Downtown…
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Cloud and blockchain company Xunlei this week announced its financial results for the second quarter of 2018. The company made nearly US $66 million in revenue, an over 70% year-on-year increase. Xunlei attributes its solid performance thus far to having diversified its business offerings in recent years, especially around cloud and blockchain solutions. Originally known…
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Australian regulator ASIC has announced that it has disqualified Jason Andrew Hammond of Cameron Park, NSW, from managing companies for the maximum period of five years as a result of his involvement in three failed companies. ASIC found that Mr Hammond: improperly used his corporate position by causing assets to be transferred for little or…
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LeapRate Exclusive Interview... One thing seems certain nowadays - the advent of blockchain and cryptocurrencies is going to change the world of finance in general, and the FX trading industry in particular. How that will happen, however, isn't quite as clear. One group which seems to have a vision is 180 Capital, which is launching…
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