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 McIntyre Capital Group. McIntyre Capital Group is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
Read more
Just like Gold and Silver in the precious metals arena, Bitcoin and Ethereum have their own unique relationship in the crypto realm. It became apparent, however, in last week’s trading that the two cryptocurrencies can diverge, causing analysts to speculate on why such a divergence took place. How much of a divergence are we talking…
Read more
The QuarkChain network is a peer-to-peer network based on blockchain, able to process up to 1 million transactions per second. Called by many the "the project to watch", QuarkChain incorporates a special design that allows for high throughput and quick, efficient distribution of data. According to Hacked, QuarkChain, with its special features, will be the…
Read more
The largest bank in Kuwait, the National Bank of Kuwait, announced that it will integrate Ripple to its online banking system for the facilitation of cross-border payment transactions. The Ripple service will be available to all of the bank's users who have access to online banking 24/7. The new transfer service is now available to…
Read more
Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 27, 2018. Highlights include: Dow Shatters Single-Day Record: One trading day after US indices officially entered a bear market, the Dow rose 1,086 points — its largest single day gain of all time. These…
Read more
OTC Markets Group Inc. (OTCQX: OTCM) has announced that has just added White River Bancshares Company (OTCQX: WRIV), the holding company for Signature Bank of Arkansas, to trade on the OTCQX® Best Market. White River Bancshares Company begins trading today on OTCQX under the symbol "WRIV." We are pleased to welcome White River Bancshares Company…
Read more
Ormeus Cash (OMC), an asset-backed virtual currency with a stable transactional price, has just announced its partnership with technology company COTI. The companies announced a new "trustless" point of sale (POS) system, enabling merchants worldwide to accept cryptocurrency payments for goods and services. Merchants hesitated to add crypto POS systems to their businesses due to high fees…
Read more
FINRA, a not-for-profit organization dedicated to investor protection and market integrity, has announced that it has fined Morgan Stanley Smith Barney LLC $10 million for anti-money laundering (AML) program and supervisory failures that spanned a period of more than five years. Susan Schroeder, FINRA Executive Vice President, Department of Enforcement, commented on the news: As…
Read more
The Hong Kong Securities and Futures Commission (SFC) has informed the public that it has fined Ardon Maroon Fund Management (Hong Kong) Limited (Ardon Maroon) (now known as China Silver Asset Management (Hong Kong) Limited) $800,000 for cross-trade related failures in managing the Ardon Maroon Asia Master Fund (AM Fund). The complete announcement can be…
Read more
Crypto enthusiasts unite! You can almost hear a rebellion a foot in the crypto world of “Hodlers”, jargon for anyone holding cryptocurrency for the long term. These folks are tired of hearing of exchange compromises and do not want to take it anymore. To raise public awareness of the issue and to determine if specific…
Read more