Since cryptocurrencies' market value fell by some 20% in just under two weeks, there is a new report showing that the massive declines in prices of major alt coins have forced around 35 crypto hedge funds to close. Bitcoin, for example, has lost more than 70% of its value as compared to its December, 2017…
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The very first idea of Bitcoin was to have the community of regular people have their "say" in the financial system, especially after the Financial Crisis of 2008. Satoshi Nakamoto invented the "people's currency", as Bitcoin is often called, to put the financial power in the hands of the regular people. In this line…
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The Alberta Securities Commission (ASC) has announced the creation of its whistleblower program and the Office of the Whistleblower (OWB) through the adoption of ASC Policy 15-602 Whistleblower Program and accompanying amendments to the Securities Act (Alberta) (contained within Bill 20). The program allows whistleblowers to safely and easily report potential breaches of Alberta securities…
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Banco Original, the first Brazilian bank to offer a 100% digital checking account, has informed the public that it has chosen FICO as its strategic partner to launch its digital platform. The financial institution, based in São Paulo, aims to create a safe and simplified origination process to reduce bureaucracy while keeping up safety. To…
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LaunchByte, an execution focused investment firm and startup hub, has just announced that it has hired Mahsa Noble as its Global Director of Growth. Ms. Noble spent the first decade of her career directing start up projects from the ground up both in the US and abroad, facilitating in the concept, management, and execution phases.…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Holding Cohen Corporate International. 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…
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The Cyprus Securities and Exchange Commission (CySEC) has informed investors that the website www.ecncapital.com (ECN Capital) does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities, as provided for in Article 5 of Law 87 (I)/2017. In the above mentioned website,…
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STOXX Ltd., the operator of Deutsche Boerse Group’s index business and a global provider of innovative and tradable index concepts, has announced that it has launched the STOXX® Europe 600 ESG-X Index. The index was developed based on feedback of asset owners, in order to accommodate their need for a version of Europe’s key benchmark…
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Copenhagen based Retail FX broker Saxo Bank has just announced that it has launched SaxoInvestor, a new platform that gives the growing investor segment the opportunity to build long-term portfolios across stocks, bonds, mutual funds, ETFs, and SaxoSelect portfolios. The platform is initially launched in Denmark with international roll-out planned for the first quarter of…
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Information giant Thomson Reuters (NYSE:TRI) has just announced that the Ontario Superior Court of Justice (Commercial List) issued a final order today approving a plan of arrangement to implement the company’s proposed return of capital transaction. Yesterday, Thomson Reuters received shareholder approval for the return of capital transaction at a special meeting held in Toronto.…
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