UPDATE: This post originally mistakenly said that the lawsuit against Overstock was brought by the United States SEC. This post has been updated with the…
Posts published in September 2019
Fortex Adds Single Stock CFDs to Clients’ Trade Offering
Institutional foreign exchange (forex) Fortex Technologies Inc., announced that it has added single stock contracts for differences (CFDs) to its trade offering. With this addition,…
LedgerX Alleges CFTC for Stalling Approvals Due to ‘Personal Bias’
Crypto derivatives firm LedgerX alleges the U.S. Commodity Futures Trading Commission (CFTC) for unlawfully obstructing approval of its amended Derivatives Clearing Organization (DCO) registration. According…
Revolut to Hire 3,500 Staff in Large Expansion Effort with Visa
Revolut and Visa have entered into a new global deal, which will see hire about 3,500 staff as it expands into 24 new markets, the…
Fusion Network Hacked, $6.4 Million Worth FSN Tokens Stolen
Blockchain-based swap wallet platform the Fusion Network has been hacked on September 28, resulting in the theft of $6.4 million (at the time of hack)…
Ripple Acquires Crypto Exchange Algrim to Expand into Iceland
Ripple has acquired Iceland-based crypto trading firm Algrim to tap into its talent pool, paving its way to expand its operations in the country. Announced…
SIX Lining Up Investors for Its Blockchain-Based Exchange
Swiss Digital Exchange (SDX), the blockchain-based platform of Swiss stock exchange , is lining up companies by forming a consortium to invest in the upcoming…
KVB Kunlun Proposes to Change its Name to CLSA Premium
The Board of Directors of KVB Kunlun Financial Group Limited announced this Monday that it is proposing to change the name of the company to…
$333 Million Bithumb Acquisition Deal Might Fall Apart
The acquisition deal for controlling stake, involving 400 billion won (around $333 million), is on shaky grounds. Citing anonymous sources from the industry, The Korea…
Cobalt Goes Live, Wash Trading Still Hurting Crypto: Editor’s Pick
Another week has gone by in the cryptocurrency and foreign exchange (forex) spaces. The Monex Group is going to start offering cryptocurrencies as a benefit…