The announcement comes after Invast Global established its first European office in Cyprus as part of its strategy to build a global network of distribution channels. The acquisition of GMO-Z.com will provide Invast Global with access to a deep pool of talent, particularly in the areas of quantitative trading and market making, as well as…
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From the technical analysis perspective the price is currently trading around the 0.98 price area which is a very strong point of resistance since it consists of the 50% of the fibonacci retracement level, the daily trendline and the 50 day moving average. Given that the Stochastic indicator is also signaling an overbought level and…
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ASIC Deputy Chair Sarah Court said: We allege that, despite what BPS represented in its marketing, Qoin merchant numbers have been declining, and that there have been periods of time where it was not possible to exchange Qoin tokens through independent exchanges. ASIC is particularly concerned about the alleged misrepresentation that the Qoin Facility is…
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Jennifer Barker, CEO of Treasury Services at BNY Mellon, said: End customers want greater choice in how they are paid, but with so many digital payment options emerging, businesses are struggling to stay up to date with, and connected to, the latest capabilities. Vaia does the heavy lifting to ensure that our clients' end customers…
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FTX’s Founder and CEO, Sam Bankman-Fried commented on Twitter: We’ve mostly stamped out sites that try to phish users by masquerading as FTX. But we can’t fix fake sites impersonating *other* services. A few users accidentally registered at fake other sites, including 3 Commas. The reimbursement for the phishing scam is a one-time step taken…
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According to the prosecution, the alleged scheme took place between 2005 and 2012 and spread through several countries and reportedly and cost the French state over €100 million of "fiscal damage". Credit Suisse said in a press statement: The settlement provides for a public interest fine comprising a profit disgorgement of EUR 65.6 million and…
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European Shares European indices fluctuated at the start of the new trading week, paring some of the gains registered last Friday as investors digest the latest batch of mixed macro data from Asia and brace for another volatile week. The fresh boost to risk appetite provided at the end of last week by whispers of…
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During his time at eToro, Holman negotiated many global sport sponsorships, positioning the company as the most active sponsor among the Retail FX/CFD brokers. eToro has made deals with football teams such as English Premier League, Polish football club Lechia Gdansk, Arsenal, and recently strengthened further its relationship with French football team AS Monaco by…
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Furthermore, the FCA pointed out that Certain Qatari entities were important investors in both of Barclays’s capital raisings at the time. The company entered into two advisory agreements with these entities, involving payments to one of the Qatari entities in the amount of £322 million over three and five years respectively. Barclays had disclosed that…
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Elsewhere, investors have been taken by surprise after newly elected UK PM Liz Truss resigned yesterday after only 45 days in office. This resignation highlights the lingering problems the UK has had over the past few years with its political sphere, which adds pressure to a market sentiment already weighed down by strong economic and…
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