June 07, 2018 BY Valentina Kirilova

VanEck and SolidX to list a physically-backed bitcoin ETF

VanEck has announced that it will partner with SolidX to list a physically-backed bitcoin ETF that will be insured against loss or theft of bitcoin. SolidX will act as the sponsor of the ETF and VanEck will provide marketing services. The two firms will work jointly with regulators. VanEck was the first to file for…

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June 07, 2018 BY LeapRate Staff

Exclusive: GAIN Capital discontinues FOREX.com money transfer business

LeapRate Exclusive... LeapRate has learned that FX brokerage group GAIN Capital Holdings Inc (NYSE:GCAP) has decided to discontinue its international money transfer business. The service was being offered only in the UK. GAIN Capital first announced plans in early 2016 to launch a separate money transfer business under the separate brand and website ForeignExchange.com. The business…

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June 07, 2018 BY Valentina Kirilova

Play2Live introduces interactive tasks for streamers based on neural networks

Decentralised streaming platform for eSports fans and gamers, Play2Live has today announced the introduction of interactive tasks for streamers, which will be set by viewers of the platform. Viewers will be able to set tasks for streamers choosing different conditions, whilst utilising an advanced task manager. By introducing interactive tasks, Play2Live presents a new level…

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June 07, 2018 BY Valentina Kirilova

Bright to bridge the credit gap on the blockchain

Bright, a decentralized financial services marketplace on the blockchain that was established by the founders behind AMPP Group, has just announced that it is working to close the credit gap faced by micro, small, and medium-sized enterprises (MSMEs) around the world. Access to finance is essential for growing small businesses, and expanding operations through hiring…

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June 07, 2018 BY LeapRate Staff

Playtech nets £198 million from sale of its GVC shares

Online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has announced that it has sold its entire stake in multinational sports betting and gaming group GVC Holdings PLC (LON:GVC), in a secondary share placement. Playtech's stake, representing approximately 3.4% of GVC's issued share capital, was received by Playtech as a result of its previous holding in…

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June 07, 2018 BY LeapRate Staff

CMC Markets 2H-2018 Revenues up 9% to £97.5 million

London based online FX, CFDs and spreadbetting broker CMC Markets Plc (LON:CMCX) has announced its results for Fiscal 2018 (CMC has a March 31 financial year end), indicating that the company saw steady if unspectacular growth in the second half of Fiscal 2018 (the period of October 2017 through March 2018). Overall, Fiscal 2018 Revenues came…

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June 07, 2018 BY Valentina Kirilova

CSA warns investors to be cautious with crypto-asset trading platforms

The Canadian Securities Administrators (CSA) has informed that is urging Canadians to be cautious when considering buying crypto assets through trading platforms. Even though a platform may call itself an “exchange,” that does not mean it is complying with the securities regulatory regime. Currently there are no crypto-asset trading platforms recognized as an exchange or…

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June 07, 2018 BY LeapRate Staff

Plus500 increases expectations for 2018 results driven by crypto CFD trading

After reporting an absolutely monster Q1 which saw it more than double its previous best quarterly Revenues, to $297 million, CFD broker Plus500 Ltd (LON:PLUS) has issued a mid-quarter Trading Update stating that its business continues to trade strongly. Accordingly, the Plus500 Board has materially increased its expectations for the group's financial performance for the year…

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