Category: Markets

UK’s NorthRow Hires Lazarus Consulting To Explore Options For Growth Investment Or A Full Sale

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The UK-based RegTech platform NorthRow recently appointed a boutique investment advisory company by the name of Lazarus Consulting. It requested that Lazarus explore potential options for the firm, including growth investment or even… Continue reading UK’s NorthRow Hires Lazarus Consulting To Explore Options For Growth Investment Or A Full Sale

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UK Chancellor Confirms That Nikhil Rathi Was Reappointed As The CEO of the FCA

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. UK Chancellor Rachel Reeves recently confirmed that Nikhil Rathi was reappointed as the Financial Conduct Authority’s (FCA) chief executive. With his reappointment, Rathi’s second term will now last until 2030. Following his return… Continue reading UK Chancellor Confirms That Nikhil Rathi Was Reappointed As The CEO of the FCA

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Nate Founder Charged With Fraud After The AI Shopping App Turned Out To Be Powered By Humans

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Albert Saniger, the founder and former CEO of an AI-based tool that promised the ability to automate online shopping checkouts, was charged with fraud due to claims that the process was not automated… Continue reading Nate Founder Charged With Fraud After The AI Shopping App Turned Out To Be Powered By Humans

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Strategy Chairman Hints At Even More Coming Bitcoin Acquisitions

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Michael Saylor, the executive chairman of Strategy (formerly MicroStrategy) recently posted a Bitcoin tracker on X which displayed Bitcoin’s current metrics. The post, made on April 13, was taken by many as a… Continue reading Strategy Chairman Hints At Even More Coming Bitcoin Acquisitions

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LTP Rolls out An OTC Trading Platform For Institutional Clients

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Prime brokerage company LTP recently launched an Over-The-Counter (OTC) trading platform aimed at institutional clients. The platform’s launch represents an important move, as it would offer a better suite of services, thus bridging… Continue reading LTP Rolls out An OTC Trading Platform For Institutional Clients

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US Courts Step In To Drive The Development Of A Legal Framework For Crypto

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The crypto industry is seeing the development of a legal framework under the Trump administration, which is expected to lead to a dramatic transformation. However, one unusual thing is that it is not… Continue reading US Courts Step In To Drive The Development Of A Legal Framework For Crypto

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US Banking-as-a-Service Platform Solid Filed For Bankruptcy

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Solid, a US-based Banking-as-a-Service (BaaS) platform, recently filed for Chapter 11 bankruptcy protection.  The company’s last valuation placed its worth at $33 million, which was after a Series B funding round that was… Continue reading US Banking-as-a-Service Platform Solid Filed For Bankruptcy

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OpenSea Pushes Back Against SEC’s Proposal To Treat NFT Platforms As Securities Exchanges

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The US Securities and Exchange Commission (SEC) recently introduced a new proposal that would see NFT platforms treated in the same manner as their analog securities-exchange and brokerage firm counterparts. However, OpenSea, the… Continue reading OpenSea Pushes Back Against SEC’s Proposal To Treat NFT Platforms As Securities Exchanges

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Lithuanian Central Bank Hits Revolut With A €3.5 Million Fine

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Revolut recently encountered another legal issue, this time in Lithuania, whose central bank slapped the company with a €3.5 million fine after identifying deficiencies in its anti-money laundering (AML) controls. The Bank of… Continue reading Lithuanian Central Bank Hits Revolut With A €3.5 Million Fine

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Lloyds Started Using Google Cloud Tools To Speed Up AI Development

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The UK’s Lloyds Banking Group started using Google Cloud and its AI tool known as Vertex AI to accelerate the development of its own AI solutions. Specifically, the bank is hoping to speed… Continue reading Lloyds Started Using Google Cloud Tools To Speed Up AI Development

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