From 7th of January to 6th of February, over $550 billion have been lost in value, as major altcoins and Bitcoin took huge hits to their prices and ultimately, to their market capitalizations. On January 7th, the total market cap of the cryptocurrency market was around $836 billion, close to the market cap of Apple.…
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While India and China, together with a few large US banks are going with full forces against Bitcoin and cryptocurrencies, Singapore is going “pro” at the same time. Cointelegraph reported that Singapore’s deputy prime minister, Tharman Shanmugaratnam, said that the country will not be banning cryptos in the new future. None such plans are foreseen…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company GoldTech Media Services OU trading as S2Trade. GoldTech Media Services is not authorised by the FCA but has been targeting people in the UK and is…
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FCA regulated Retail Forex, CFDs and Spread Betting broker London Capital Group Holdings plc (LON:LCG) has announced that at an LCG shareholder meeting held earlier today, the company's proposal to delist from the London Stock Exchange and move the company's share listing to the NEX Exchange Growth Market run by NEX Group PLC (LON:NXG) was approved. LCG's last day…
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Metamako, a provider of low-latency, FPGA-enabled network devices, and Redline Trading Solutions, a provider of high-performance market data and order execution systems, today announced a partnership offering an ultra-low latency end-to-end solution for clients in the automated trading space. Redline’s InRush™ market data solution, which provides high-quality consolidated market data feeds, now uses Metamako’s network…
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The Board of the Cyprus Securities and Exchange Commission (CySEC) has just informed that, at the meeting held on 20th November 2017, it decided to impose an administrative fine of €30.000 to the CIF Hoch Capital Ltd (‘the Company’). The fine has been made due to non-compliance with section 36(1)(a) of the Investment Services and…
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Multibank FX aggregation service FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that State Street is now live and trading globally. State Street is the 13th bank available to clients connected to FXSpotStream’s price aggregation Service. The addition of State Street adds to the liquidity available from FXSpotStream’s existing liquidity providers, which…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Nordhill Capital. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…
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Japan’s first online bank pilots blockchain technology to reduce costs and improve efficiency Fintech and cryptocurrency solutions company Tech Bureau today announced that Japan’s first online bank is testing blockchain technology integrations using mijin and Hyperledger. Japan Net Bank, Limited, has initiated a proof-of-concept project to evaluate mijin and Hyperledger for paperless contract administration. Currently,…
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UBIQUICOIN is a digital currency backed by real assets, which gives people the ability to transact with certainty of value, providing the basis for a new financial ecosystem. UBIQUICOIN has built a system that aims to provide financial services to the underbanked and unbanked on a global scale. UBIQUICOIN’s platform offers many features that address…
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