One of the Big 4s, PwC, is undoubtedly one of the most ardent supporters of blockchain and the magic the technology "can spread" on a corporate business, especially considering the harsh competition that audit and consulting companies currently face. Now, PwC is offering a new tool to audit crypto transactions. The information comes from a…
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The largest player in the insurance industry, MetLife is jumping on the blockchain bandwagon, it seems. The US giant, according to press release by Nasdaq, looks to utilize blockchain to completely disrupt its claims process. MetLife may choose to utilize the Ethereum blockchain to revamp its insurance claims process. What is known for now is…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for June 20, 2019. The text below is an excerpt and does not contain the full analysis. Of course the stock market rose while Jerome Powell delivered his speech yesterday. A big part of his job…
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Busy week for the UK regulator - FCA has put out details of more clone firms today. 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…
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ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for June 20, 2019. See details below: FOREX The US Dollar Index, currently just above the 96 mark, hit a 3-month low on Thursday, in the aftermath of the Fed’s previous day announcement. Most notably, the American central bank dropped the word…
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Connectivity and IT infrastructure solutions provider for the financial services industry, Avelacom, announced today that it has promoted Vincent Harrison to Managing Director, Global Sales, to drive business growth and further develop Avelacom’s low latency network across the Americas, EMEA and APAC. Harrison will now be reporting directly to Aleksey Larichev, CEO of Avelacom, and…
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METACO, AlgoTrader and Cysec (formerly ArcaTrust) announced that they have teamed up to offer a comprehensive, all Swiss-made crypto asset management ecosystem for financial institutions to manage the entire life-cycle of their crypto assets: from secure storage and management to automated trading and execution. Cysec's hardware security will be combined with METACO’s crypto asset storage…
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Fintech software provider of financial solutions TechFinancials Inc (LON:TECH) announced earlier this week its results for the year ended 31 December 2018, and as expected, they don't look good at all. Financial Highlights Revenues of US$7.8 million (2017: US$13.4 million) a decrease of 42% Blockchain trading technology revenues of US$3.8 million (2017: US$0.24 million) increased…
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The company is headed to LSE's AIM Market FCA regulated UK-based foreign exchange service provider Argentex (AIM: AGFX) announced its FY2019 revenue today as well as its intention to apply for admission of its entire issued and to be issued ordinary share capital to trading on the AIM market of the London Stock Exchange (“Admission”).…
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The battle has been enjoined. The “cat-and-mouse-game” has come to a close. Global regulators have finally united behind new guidelines produced by the Financial Action Task Force (FATF) to mount a singular assault on the anonymity feature of blockchain technology and end their collective angst over all things crypto. Chainalysis, a respected crypto research firm,…
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