Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Canada’s financial regulator announced on May 9 that it had imposed a nearly C$6 million (approximately $4.4 million) fine on global exchange Binance for breaching the money laundering and terrorist financing laws in… Continue reading Binance Hit with $4.4M Fine by Canadian Regulator for AML and CFT Breaches
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. In alignment with Rwanda’s aspirations for a digital economy and its ongoing digital transformation, the National Bank of Rwanda (BNR) opened its completed feasibility study on retail Central Bank Digital Currency (CBDC) on… Continue reading National Bank of Rwanda Takes Leap to Introduce CBDC
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Rivian (NYSE: RIVN) stock is trading lower in US premarket price action today after the startup electric vehicle (EV) company reported mixed earnings for the first quarter of 2024. Here are the key… Continue reading Rivian Stock Falls on Mixed Q1 Earnings: Key Takeaways
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Grayscale, a major crypto asset manager, has scrapped its proposal to launch an Ethereum futures exchange-traded fund (ETF). The company withdrew its application for a rule change to the Securities and Exchange Commission… Continue reading Grayscale Withdraws Application for Ethereum Futures ETF Approval from SEC
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Rostin Behnam, chair of the United States Commodity Futures Trading Commission (CFTC), stated on May 6 that regulators will likely maintain a stringent approach toward cryptocurrency firms as long as the market attracts… Continue reading CFTC chair Rostin Behnam Expects Crackdown on Cryptocurrency Firms to Continue
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Bitcoin network has processed its one billionth transaction, a major event in the cryptocurrency’s 15-year existence. This milestone was achieved on May 5, 2024, at 9:34 pm UTC. Bitcoin Network Secures Achievement… Continue reading Bitcoin Network Reaches Historic Milestone with 1 Billion Transactions
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Apple stock (NYSE: AAPL) rallied almost 6% yesterday and had its best day since November 2022 after the iPhone maker’s fiscal Q2 2024 earnings were better than feared. Here are the key takeaways… Continue reading Apple Stock Rallies After Q2 Earnings and Analysts See More Gains Ahead
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On May 1, Ryan Salame, the former co-chief executive of FTX Digital Markets, an affiliate of the bankrupt exchange FTX, agreed to forfeit his $5.9 million house in the Bahamas to FTX Digital… Continue reading Former FTX Executive Ryan Salame Forfeits $5.9M Bahamas House to Settle Criminal Charges
Blackrock, the world’s largest asset management firm, has led a $47 million strategic fundraising round for Securitize, a capital markets digitization startup.
Tether, one of the leading cryptocurrency organizations, recently issued an attestation of its financial operations for Q1 2024.