The US government claimed 51,680 bitcoin in the now-known Silk Road dark net operation on 21 November 2021. This recovery totalled a value of $3.4bn at that time. The latest Arkham data shows the US government possesses an estimated $9.26bn in bitcoin. In an April 2023 announcement, the US Attorney’s Office Southern District of New…
Read more
This article aims to dissect the factors contributing to IUX Markets' significant progress, focusing on the latter half of 2023, a period marked by remarkable achievements and strategic milestones. Strategic Increase in Trading Volume The period between the third and fourth quarters of 2023 was a watershed moment for IUX Markets. The platform reported a…
Read more
Australian investors are set to benefit from the zero-fee offer from IC Markets when investing in companies of their choice. However, this exclusive offer is time-limited, and terms and conditions are attached. To ensure investors have a user-friendly and secure experience, IC Markets has partnered with Finclear. Founded in 2007, IC Markets is known for…
Read more
LiqudityBook CEO Kevin Samuel said he was thrilled to bring Morris on board. The new President has a wealth of experience from previous executive leadership roles and skills across various disciplines, including sales, finance, marketing, and HR. Morris also served as President at Enfusion before becoming a Global Head of Corporate Development role. In a…
Read more
The state engineered the Credit Suisse acquisition to prevent it from going under. With this takeover, UBS ended up with a balance sheet that exceeds $1.6tn, which is nearly double that of the Swiss economy. Since March 2023, when the intended takeover was announced, this financial giant’s shares jumped 50%. In an email statement sent…
Read more
The IPO will offer shares or GDRs representing shares held by BAE Systems Limited (BAE) and Sovereign Wealth Fund Samruk-Kazyna (SK). The company will list these on the London Stock Exchange (LSE), Astana International Exchange (AIX), and Kazakhstan Stock Exchange (KASE). Analysts believe this float is a much-needed boost for the LSE’s torpid IPO performance.…
Read more
In 2023, the merged entity's market share dropped to 37.6%, a decrease from 39.3% in the previous year. Adrian Schatzmann, the head of the association, forecasts a further reduction in their market share as UBS integrates and streamlines Credit Suisse's fund offerings. He also noted that some investors seek to diversify their holdings to reduce…
Read more
Exness CMO Alfonso Cardalda showcases new brand at 15 year anniversary event The rebranding is of a sleeker, more modern design and features a new logo, defined by the distinctive exo emblem. Inspired by Exness’ recognisable initials, ‘e’ and ‘x,’ the exo embodies a fusion of head and heart, the mathematical and the human. These…
Read more
OneCoin was a digital currency scheme founded in 2014 that was eventually found to be a fraudulent Ponzi scheme. Scott was one of the most high-profile individuals involved in the scam. The co-founder of OneCoin, Karl Sebastien Greenwood, is already behind bars after he was handed down a 20-year sentence in September last year. Both…
Read more
Holcim’s current CEO, Jan Jenisch, will be at the helm of this spin-off while focusing on his role as chairman. Jenisch will also stand for re-election at the company’s annual general meeting in May 2024. Gutovic has been part of the company’s group executive committee since 2018. He is presently in charge of Region Europe…
Read more