Swiss-founded technology company, , a provider of FX bridge aggregation and institutional hosting solutions, has promoted Alexis Droussiotis to the role of its Chief Information Officer (CIO).…
Posts published in November 2020
Square’s Bitcoin Revenue Surges to $1.63B in Q3, Profit Up 15X
Square Inc., a payments company founded and run by Twitter CEO, Jack Dorsey, has reported a significant increase in the third quarter of 2020. The…
Norwegian Krone Rallies After Central Bank Keeps Rates Steady
The Norwegian krone climbed against the US dollar and the euro today after Norway’s central bank decided to left the policy rate unchanged. The drop in crude oil prices and new measures to halt the COVID-19…
Euro Rallies Against Dollar As FOMC Holds Rates and Biden Leads
The euro today rallied against the dollar as the vote-counting in the US Presidential election dragged on slowly as both parties went to court. The EUR/USD currency pair gave up some of its gains during the American…
The US dollar is plunging against most of its currency rivals on Thursday as the number of Americans filing for first-time unemployment benefits declined to a pandemic low. With the 2020 US presidential election looking…
INX Names Paz Diamant as New CTO
INX Limited, a blockchain-based platform for trading digital securities and cryptocurrencies, announced on Wednesday that it named Paz Diamant as its Chief Technology Officer. In…
US Court Fines $900K to Crypto and Forex Ponzi Scheme Operator
A United States district court has sentenced against a digital currency and forex that solicited and misappropriated its clients’ funds. Both Venture Capital Investments LLC…
ING Plans to Cut 1,000 Jobs as It Misses Q3 Estimates
ING Group NV has become the latest to conduct as the bank has decided to cut 1,000 jobs and close its offices in South America…
Malaysian Regulator Issues Warning against Rising Clone Firm Scams
The Securities Commission Malaysia (SC) the public today about a sharp increase in clone firm scams this year. The commission detailed that some fraudulent companies…
What a week it has been. While parties on both sides of the aisle were confident that the US Presidential election would be a landslide…