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Cryptocurrency exchange Gatecoin announced the listing of SingularDTV Token
October 6th, 2016
The Cryptocurrency exchange Gatecoin has issued an announcement to inform for the launch for trading of SingularDTV’s token, SNGLS (listed as SNG) on Gatecoin.com following the decentralized entertainment platform’s crowd sale on October 2nd, 2016, where USD 7.5 million equivalent in ETH was ...
NRGbinary is a case of how scammers can hide in gaps between regulators and defraud thousands of investors
October 6th, 2016
In early 2013, a young Israeli businessman registered a web domain in London for a company called NRGbinary.com. The online options trading website offered clients the opportunity to make large amounts of money from simple bets on the movement ...
Fintech Upstart LendUp Fined by CFPB, California Regulator
September 29th, 2016
Fintech upstart LendUp was fined by the Consumer Financial Protection Bureau and a California state regulator over widespread violations of payday- and installment-lending laws. The San Francisco-based lender, which specializes in small-dollar loans to risky borrowers, agreed to pay ...
Merrill Lynch Charged With Trading Controls Failures That Led to Mini-Flash Crashes
September 27th, 2016
The Securities and Exchange Commission today announced that Merrill Lynch has agreed to pay a $12.5 million penalty for maintaining ineffective trading controls that failed to prevent erroneous orders from being sent to the markets and causing mini-flash crashes. An ...
Canvas Ventures Raises $300M Fund to Invest in Software & Services Startups
September 26th, 2016
Canvas Ventures, a Silicon Valley-based venture capital firm, today announced that it has closed a new $300M fund called “Canvas Ventures 2.” The firm’s previous fund was capitalized at $175M in August 2013. The four investing partners for the ...
MetaQuotes released new version of the MetaTrader 5 Android
September 26th, 2016
MetaQuotes has issued an announcement to inform that the new version of the MetaTrader 5 Android mobile platform features the optimized use of price charts: The application supports the multi-window mode allowing traders to monitor price changes on multiple symbols simultaneously. ...
The 7 most influential people in European finance
September 26th, 2016
Bloomberg released its list of the 50 most influential people in the world of finance. It is a comprehensive list of Wall Streeters, politicians, central bankers and business leaders who shape the way the global economy functions and help ...
Japan banks target fintech start-ups after law change
September 26th, 2016
Change to 5% ownership cap part of national effort to push financial technology Japan’s biggest banks are looking to pour hundreds of millions of dollars into fintech start-ups after the abolition of a law that prevented them from owning more than ...
IBM in blockchain project with China UnionPay
September 23rd, 2016
Another day, another blockchain project unveiled by a bank, technology company, or consultancy. IBM will join the fray this week by announcing a partnership with China UnionPay to let bank customers exchange bonus points in different loyalty schemes. Arguing that such ...
Bitcoin vs Litecoin vs Dogecoin – Cryptocurrency compared
September 22nd, 2016
“Cryptocurrency was made mainstream by Bitcoin a few years back and with its popularity rising, everyone seems to want a piece of the cake. The currency was launched in 2008 by Japanese pseudonymous developer Satoshi Nakamoto to encourage the ...