June 18, 2018 BY LeapRate Staff

Nextmarkets gets Malta license, raises €6 million for trading platform

Cologne, Germany based fintech start-up nextmarkets GmbH has announced the closing of its Series A financing round, in which British hedge fund manager Alan Howard, Axel Springer Media for Equity GmbH, and Crypto Asset specialist Cryptology Asset Group PLC are investing €6 million euros into the company. The new investors listed above are investing alongside existing shareholders FinLab,…

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June 18, 2018 BY Valentina Kirilova

Ramy Aziz retires as ASX Chief Financial Officer

ASX has just announced that its Chief Financial Officer, Mr Ramy Aziz, will retire in September 2018, after 18 years of service with the Group, including eight years as CFO. ASX Managing Director and CEO, Dominic Stevens, commented: Ramy has made a very significant contribution to ASX over many years and has been an important…

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June 18, 2018 BY Valentina Kirilova

ASIC charges former financial adviser with dishonest conduct

Former financial adviser, Gabriel Nakhl, was convicted in the District Court of New South Wales on 8 June 2018 on 8 charges brought by ASIC of engaging in dishonest conduct with investor funds, the Australian regulator announced earlier today. Mr Nakhl, of Illawong, NSW pleaded guilty to being knowingly engaged in dishonest conduct in relation…

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June 17, 2018 BY Mariela Naydenova

OneCoin - one of the largest Ponzi Schemes in the "crypto" world

Probably the largest Ponzi scheme in the modern world was "designed" by Bernie Madoff who scammed corporate America with around $70 billion back in 2008. Now, as cryptocurrencies garnish share in the world's economy, it is not surprising to learn that there are also cryptocurrency Ponzi schemes. One such is called OneCoin. OneCoin is a…

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June 17, 2018 BY Mariela Naydenova

The first coffee machine powered by Bitcoin

Bitcoin is often hailed as the "people's currency", because of its decentralization and blockchain technology. Bitcoin is now entering people's everyday lives, it seems, as the first bitcoin-powered coffee machine is now available. The creator of the innovative technology is Ricardo Reis, an entrepreneur from Brazil. The idea behind the Bitcoin-coffee machine is to show…

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June 16, 2018 BY Mariela Naydenova

0xΩ - the blockchain-based religion

There is now a blockchain-based religion called  0xO, which stands for Zero Ex Omega. The idea is a new one and is being developed by the former CEO of Augur, the decentralized oracle and prediction platform based on the Ethereum network. Blockchain is everywhere. The number of industries that now use blockchain for business and…

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June 16, 2018 BY Mariela Naydenova

Ethereum Futures on their way?

The SEC has recently announced that Ethereum, the second largest cryptocurrency in the world by market cap, will not be treated as a security by the SEC. The news is an important one, especially for what it might mean for the development of ETH-related "offsprings". Bloomberg reported that the CBOE Global Markets President, Chris Concannon,…

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June 15, 2018 BY LeapRate Staff

Swissquote launches multi currency Mastercard

Leading Swiss online banking and brokerage firm Swissquote Group Holding SA (SWX:SQN) has announced that it has launched the Swissquote Multi Currency Credit Card for making payments in a variety of currencies. It allows owners of a Swissquote trading account to benefit from a simple, flexible, and secure method of payment for transactions across the…

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June 15, 2018 BY LeapRate Staff

Canadian regulator OSC warns against Forex offshore broker Bristol Consulting FX

Continuing its string of warnings against unregulated brokers and other scams targeting retail traders in Canada, Canadian regulator OSC has issued a warning against an entity called Bristol Consulting FX. Bristol Consulting FX , also doing business as www.bristolconsultingfx.com is not registered in Ontario to engage in the business of trading in securities. The company…

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