Avelacom and Gemini to provide enhanced connectivity for crypto markets LeapRate

July 18, 2019 BY Valentina Kirilova

Avelacom and Gemini to provide enhanced connectivity for crypto markets

Global connectivity and IT infrastructure provider for the financial services industry, Avelacom, announced that it has added Gemini Trust Company, LLC, a digital asset exchange and custodian, to its list of cryptocurrency exchange tech vendors in Equinix’s NY5 data center. Avelacom’s and Gemini's clients can now connect directly to the exchange’s infrastructure to access market…

July 18, 2019 BY Valentina Kirilova

YouTube adds Paysafe's online prepaid solution paysafecard

Payment systems provider Paysafe Group (LON:PAYS) announced that it has teamed up with the world’s biggest video streaming platform YouTube. LeapRate reminds that Paysafe and Google formed a partnership last year, when paysafecard was announced as a payment method across the Google Play store, in June 2018. Few months later, Google added the paysafecard payment…

July 18, 2019 BY Valentina Kirilova

Daily market commentary: Stocks are tumbling today in Europe

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 18, 2019. See details below: FOREX The Greenback keeps losing ground against other major currencies and currently the Dollar Index is trading around the 96.7 level, down from a weeks’ high of 97.08. This performance falls within the general trend…

July 18, 2019 BY Valentina Kirilova

Golden Financial Group Pty Ltd's AFS licence cancelled

Australian regulator ASIC has announced yesterday that it has cancelled the Australian financial services (AFS) licence of Melbourne based financial services provider, Golden Financial Group Pty Ltd. The cancellation follows a period of suspension from 18 March 2019. The regulator has already shared its concern that Golden Financial was not complying with its general licensee…

July 18, 2019 BY Valentina Kirilova

New Zealand FMA warns against www.fuerfx.com scam website

The Financial Markets Authority (FMA) has recently added few more companies to its list of unregulated firms. The newest addition is the website www.fuerfx.com. www.fuerfx.com Email: [email protected] According to the regulator, the reason for this warning is that www.fuerfx.com may be operating a scam. The website www.fuerfx.com is not associated with nor authorised by the…

July 18, 2019 BY Valentina Kirilova

U.S. Senators start blasting away at Libra, Facebook, and all things crypto

U.S. Congressional hearings are never fun events for those asked to attend. The opportunity for elected officials to preach whatever gospel they perceive that their political bases want to hear is just too great to ignore. They need to keep their voters back home cheering them on to greater stardom, or so it seems when…

July 18, 2019 BY Valentina Kirilova

Bitcoin succumbs again – Drops below $9,500, second major dip in 2019

Sooner or later, Bitcoin and gravity were going to be good friends again. After gradually recovering from a bout in the lowlands below $10,000 nearly two weeks back, buyers for the world’s favorite cryptocurrency began to run out of steam. After groping its way back above $13,000, the weight of the bears on its back…

July 17, 2019 BY Valentina Kirilova

Bitpoint hacking details – 55,000 clients impacted and $28 million lost

The beleaguered Japanese crypto exchange, Bitpoint, is beginning to reveal details of its recent compromise that occurred on July 12th of this month. It was originally reported that $32 million had disappeared from “Hot Wallets” at the exchange, but this figure has been reduced to $28 milliion. $19 million related to customer accounts, and $9…

July 17, 2019 BY Valentina Kirilova

If Russia ends its ‘Love-Hate’ of cryptos, can it be the ‘King of Blockchain’?

As Russian government officials continue to debate the efficacy of cryptocurrencies and blockchain technology, industry observers are curious as to why there has not been a major push to lead in this arena. Observers have noted that Russia is definitely a “global powerhouse for development talent and business acumen in the blockchain space”, but, unlike…

July 17, 2019 BY Valentina Kirilova

Exclusive: Tradesocio completes integration with PrimeXM and oneZero

LeapRate Exclusive... Asset management technology provider Tradesocio just announced that it has completed API integration with bridge and liquidity aggregation providers PrimeXM and oneZero. The completion of these integrations will allow any financial institutions such as Liquidity providers, Brokerage Houses and Asset Management companies that already partner with PrimeXM and oneZero to easily adopt Tradesocio’s…