Trade.io, a Swiss blockchain company that advertises itself as a “next-generation financial institution”, has been hacked. The tokens are worth $11 mil… no wait… $7.5…
Posts published in October 2018
FX Traders Flee Offshore, Tether Still Unstable: Best of the Week
UK derivatives broker to open office in Chicago IG Group, a British financial derivatives broker, has from the National Futures Association, the self-regulatory organisation of…
US Dollar Ends Week Strong, Commodity Currencies Outperform
The US dollar ended the week relatively strong against most other major currencies thanks to the hawkish minutes of the Federal Reserve. Yet commodity currencies, including the Australian and New Zealand dollars but…
Crypto Exchange Covesting Secures Gibraltar’s Blockchain License
Gibraltar’s financial services watchdog has awarded European cryptocurrency exchange Covesting its bespoke license for blockchain firms using distributed ledger technology. The move comes a few…
Danish tennis ace Caroline Wozniacki has now entered the world of cryptocurrency through a partnership with Singapore based Global Crypto Currency (GCOX) to issue a…
The Financial Action Task Force (FATF), a 37-nation group set up by the G7 industrial powers, is planning to formulate its first set of governing…
Bank of Israel: We Want to Help Blockchain Companies
On Thursday, the first Israel Blockchain Summit took place in Tel Aviv. Being the hard-working, network-loving people that we are here at Finance Magnates, we…
Digital wallet and online payment provider NETELLER is now enabling its users to instantly buy and sell cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic,…
IC Markets Obtains CySEC License, Opens Cyprus Office
IC Markets has obtained a license from the CySEC. The company has already opened an office in Cyprus and is working on setting up a…
Chinese Yuan Jumps Despite Growth at Slowest Pace Since 2009
The Chinese yuan is rallying against its American counterpart at the end of the trading week, despite the national economy growing at its slowest pace in about a decade. As the US-China trade war intensifies, there…