LMAX Exchange Group's 2018 financials report has just gone out, releasing excellent growth and record financial performance for the year ended 31st December 2018. 2018 financial highlights include: Gross Revenues of US$50m, up 27% from 2017 Gross Profit of US$45m, up 35% from 2017 Statutory EBITDA of US$18.6m, up 62% from 2017 Operating Profit of…
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FCA regulated institutional FX and CFDs broker, Global Market Index Ltd (GMI UK) has just announced that it has partnered with Takeprofit Technology to distribute FX, CFD and Crypto liquidity to mutual partners. GMI UK have been committed to growing their Institutional business, partnering with a number of tech vendors such as Gold-I and One…
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The SEC seems to be trying very hard to understand the blockchain, fintech and cryptocurrency world. The agency is preparing to hold a public fintech forum on blockchain in May, 2019. The SEC announced that some of its staff will hold a forum on DLT and digital assets on 31st of May. Some time ago,…
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Bitcoin has built some stamina over the last few weeks, which, although have been quite volatile, the cryptocurrency managed to stabilize its price level at just above $4,000. Currently, Bitcoin is trading at around $4,025. Now, there is an ambitious plan put forward by the CEO of Square and Twitter, Jack Dorsey, who is reportedly…
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The Australian Securities and Investment Commission (ASIC) today announced that its application to the Federal Court for the winding up of Aviation 3030 Pty Ltd (Aviation), a company based in Melbourne, was successful and that the court has granted orders to wind up Aviation due to a legitimate lack of confidence in the management team…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Priv Invest. 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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Another week, another casualty in the crypto community. The ravages of Crypto Winter continue to wreak havoc on the crypto landscape, as a court in Hong Kong has ordered the local Gatecoin crypto exchange to shut its doors and liquidate its assets. Gatecoin marks the fifth crypto exchange to close its doors in 2019. Company…
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Fullerton Markets today announced that it has entered into a white label partnership with BeGold Trading Sdn Bhd, which is based I Malaysia. The collaboration will give BeGold’s clients access to the modern trading platform operated by Fullerton Markets and the benefits associated with the triple fund safeguards provided by the Fullerton Shield. Eugene Paik,…
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How can you economically determine if your crypto platform’s blockchain coding could be vulnerable to a major hacking compromise? The easiest way, it seems from a recent report, is to offer “bounties” to a group of professional hackers to scour the open-source code in the crypto universe for susceptible targets of entry, i.e., vulnerabilities. Various…
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æternity, an ecosystem for blockchain developers, yesterday revealed that it has secured shareholding in SatoshiPay having participated in the company’s latest funding round. Therefore, æternity will integrate the latter’s micropayments platform in its efforts to build a full stack value chain that serves blokchain developers. SatoshiPay’s latest funding round attracted the following investors: Daniel Masters…
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