Markets

HTX has announced a new partnership with IBEX, a fintech firm that works on the Bitcoin Lightning Network. The goal of this partnership is to make Bitcoin transactions faster and cheaper, especially in places like Africa, Latin America, and Asia....

Bybit, the second-biggest crypto exchange in the world by trading volume, has chosen Chris Aruliah, an expert who worked at BCB and Bitstamp, to be its new Institutional Division Head. He has experience in cryptocurrency and regular trading. Aruliah is...

The Securities and Exchange Commission (SEC) has slammed a $1.5 million fine on the trading platform eToro as charges concerning the operation of an unregistered clearing agency and brokerage firm. This is coming at the time eToro wants to list...

Tradu, a well-known trading platform, has formed a new partnership with TradingView, a top platform for traders. TradingView is recognized for offering live data, flexible charts, and tools for technical analysis. The company said this agreement will enable Tradu users...

Dutch neobank Bung has announced that it will be adding more staff to increase its workforce by more than 70% this year. This is coming when there are job cuts across several firms in the fintech industry. The firm is...

Kuady has extended its services in Peru after launching a virtual prepaid Mastercard it calls Kuady Card. According to the announcement, the card will be used to provide a convenient, secure, and efficient payment method for users The card will...

IG Group has announced its Q1 result for 2024, revealing a 15% surge in revenue. The London-listed company generated £279 million as its total revenue from June to August, showing a 15% increase year-over-year. It also stated that the revenue...

Traders at Fintokei have received more than €4 million in payments this year, according to the proprietary trading firm. The company stated that it now records over 400,000 trades daily via its platform. The firm noted that the average payout...

A district court in the United States has set a consent order that demands Yakov Cohen return the $7 million he wrongfully obtained. This money came from participating in fake binary options schemes associated with the brands BinaryBook, BigOption, and...

A U.S. judge recently let a class action lawsuit from Coinbase shareholders go ahead, adding to the company’s legal troubles. The lawsuit claims the exchange misled investors regarding its risks from regulations, especially those involving the U.S. Securities and Exchange...

Marios Demetriades, who used to be Cyprus' Minister of Transport, has resigned from his roles at FxPro Group, ending a long stint of over six years. The company said this move includes his departure from FxPro’s FCA-licensed UK entity and...

Fundedlions, a prop trading firm, has shut down its operations unexpectedly. The Chief Executive Officer, Noman Iqbal, told users not to log into their accounts for a few days because the company was switching to MetaTrader 5. In a letter...

Morgan Tillbrook has chosen to resign as the Director and Chief Executive Officer of Alpha Group International after working in the company for over 15 years. He will stay until 31 December 2024, and Clive Kahn will take over. According...

Mortgage technology company Twenty7tec has secured £16.5 million from the Business Growth Fund (BGF) to support its growth and expansion in the UK. Established in 2014 and based in Bournemouth, Twenty7tec’s platform simplifies the entire mortgage process, from finding and...

The Cyprus Securities and Exchange Commission (CySEC) has announced a new social media campaign designed to alert investors to the risks of online investment activities. This action is a response to the increasing prevalence of online scams. CySEC has found...