Hyundai BS&C, the technology arm of the South Korean automobile giant, has announced plans to hold a token sale to accelerate the ambitious development timeline…
Posts published in November 2017
Dollar Stabilizes After Wednesday’s Sell-Off
The US dollar stabilized after yesterday’s sell-off caused by mixed macroeconomic reports and minutes of the October-November policy meeting of the Federal Open Market Committee. FOMC members voiced concern about sluggish inflation…
NexPay UAB, a subsidiary of European Bitcoin exchange platform Globitex, has just obtained authorisation with the Bank of Lithuania as an Authorised Electronic Money Institution…
Euro Lifted by Positive Data During Thursday’s Trading
The euro rallied today thanks to the very positive macroeconomic reports released during the current trading session. The accounts of the monetary policy meeting released by the European Central Bank had no material impact…
Bitstamp Launches Bitcoin Cash in December, Signs New Payment Processor
One of the older cryptocurrency exchanges, Luxembourg-regulated Bitstamp, has decided to start offering Bitcoin Cash to its clients. The move is triggered by the growing…
Canadian Dollar Declines Against US Dollar on Weak Retail Sales
The Canadian dollar today declined against its US counterpart after the release of weak Canadian retail sales data in the early American session. The Canadian dollar was slightly stronger against the US…
Blockchain Wallet CoinPouch Hacked, Verge (XVG) Coins Affected
Another cryptocurrency hacking story has surfaced over the last 24 hours – multi-currency crypto wallet CoinPouch has announced that one of its nodes containing Verge…
MiFID II Regulations Prompt CySEC to Suspend ‘Fast Track’ CIF Licensing
The implementation of the upcoming MiFID II regulatory framework in the beginning of 2018 is prompting national regulators to reassess some procedures. The latest announcement…
GBP/USD Tumbles to New Lows on UK GDP Data
The GBP/USD currency pair lost all its early gains and tumbled to new session lows after the release of UK GDP growth estimates, which were in line with expectations. The currency pair…
NZ Dollar Recovers After Disappointing Retail Sales
The New Zealand dollar rose during Thursday’s quiet trading. The currency weakened following the release of disappointing retail sales data, but quickly recovered. New Zealand retail sales rose just…