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IPoker withdraws from Poland over new regulatory regime
May 4th, 2017
The mass exodus of gambling entities leaving the Polish market increased this week, after a post on the Gambling Portal Webmasters Association (GWPA) confirmed that all skins on the iPoker Network would cease offering a product from 24 April. ...
Airwallex payments settlement provider raised $13 million in a funding round
May 2nd, 2017
Airwallex raises US$13m Series A investment from Tencent, Sequoia Capital China and Mastercard Airwallex has raised US$13 million in a Series A funding round to fuel international expansion and enable more businesses to make faster, easier and cheaper payments ...
Report: Unauthorised forex trader’s collapse may cost punters half billion
April 27th, 2017
The reported collapse of the JJPTR scheme may cause “investors” ― including from Malaysia ― previously promised steady monthly 20 per cent dividends to collectively lose RM500 million. JJPTR’s founder Johnson Lee, whose Penang-based forex trading company claimed its ...
Litecoin price rises
April 25th, 2017
Often dubbed as ‘silver to bitcoin’s gold’, Litecoin has been around for around six years. While Litecoin is broadly built on a structure similar to Bitcoin’s, it has a faster block generation rate and hence offers a faster transaction ...
Bose Headphones accused in lawsuit of spying on listeners
April 20th, 2017
A new class-action lawsuit claims high-end headphone company Bose has been tracking and distributing customers’ data without telling them. According to the complaint, filed late Tuesday in the U.S. District Court in Chicago, the headphone company’s Bose Connect app ...
Contactless payments to hit 150M users in 2017
April 13th, 2017
The number of Apple Pay, Samsung Pay and Android Pay users is about to hit 100 million and should top 150 million by the end of 2017, according to new data from fintech analysis firm Juniper Research. Apple, Samsung ...
Bitcoin touches 3-week high as Russia mulls recognizing it as a currency
April 12th, 2017
The price of a single bitcoin on Tuesday climbed to its highest level in three weeks following reports that Russian authorities might recognize the world’s most popular digital currency as a legitimate financial instrument some time next year. If ...
Facebook will start paying 18 percent VAT in Russia
April 11th, 2017
Social media giant Facebook has joined the list of IT firms registered with Russia’s Federal Tax Service as a foreign company selling electronic content in Russia. Beginning April 25, the California-based company will start paying 18 percent value added ...
Gold is marching toward $1,300
April 5th, 2017
The investor love affair with gold seems to have gotten a bit lukewarm recently, after a pretty strong start to the year. That’s why yesterday’s big move toward a key technical level got a few out there excited. The ...
Europe’s top court will begin a landmark case today
March 30th, 2017
Europe’s top court will begin a landmark case today (30 March) that could determine whether luxury goods companies can stop retailers from selling their products via marketplaces such as Amazon or eBay. Owners of luxury brands have been fighting ...
