Prosecutors in Incheon, South Korea, have indicted 21 suspects for their involvement in a multi-million dollar, international pyramid scheme based on cryptocurrency mining. Pyramid scheme,…
Posts published in December 2017
Canadian Dollar Rallies Against US Dollar on Canada and US Data
The Canadian dollar today rallied massively against its US counterpart after Canada’s CPI print for November was recorded at the highest level since January. The loonie’s rally against the greenback was…
LiteForex Applies Changes to Trading Terms in ECN Accounts
LiteForex sent a message to its clients, announcing that the company will now allow trading on ECN accounts with raw spreads and zero locked margin…
Blocks on the Bitcoin blockchain are 1 megabyte in size, meaning that every time 1 megabyte of information is processed on the system, the block…
British Pound Rallies Briefly on UK Public Sector Finances Report
The British pound today rallied higher against the US dollar after the release of the UK public sector finances report for November. The pound was lagging against the greenback during the Asian session due…
Admiral Markets Raises €1.8m from €5m Bond Issue
The bond sale of Admiral Markets AS with which the company was looking to attract investors from the Baltic region has concluded. The result is…
Monex Group Making Changes in Management, Announces November Figures
Monex Group has announced several major changes in its management personnel. Nozomi Takasaki and Satoshi Hasuo will each become Senior Executive Directors. Takuya Yamanaka, who…
TechFinancials to Get $1.45m Dividends From Brokerage and Market Maker
Broking technology provider Tech Financials has announced that it is receiving a dividend payout from two of its subsidiaries. The company has a 51 percent…
NZ Dollar Fails to Keep Gains Caused by Solid GDP
The New Zealand dollar edged lower today despite the GDP report released overnight that showed solid growth of the nation’s economy. The currency jumped sharply immediately after the release, but was…
Yen Moves Lower After BoJ Doesn’t Mention End of Stimulus
The Japanese yen slipped today after Haruhiko Kuroda, Bank of Japan Governor, disappointed markets as he failed to mention plans to end aggressive monetary accommodation. As was widely expected, the BoJ kept…