XTB Website Impersonation By Scammers Prompts UK Regulator Warning
The Financial Conduct Authority (FCA) has issued warnings concerning scammers pretending to be XTB Limited, a UK-licensed broker and part of the fintech company XTB. These scammers might use the company’s address and a website that looks very similar to...
ZERO Markets Partners With Wolves, Enters Premier League Spotlight
ZERO Markets has revealed that it has collaborated with the Premier League team Wolverhampton Wanderers, also called Wolves. This partnership is supported by the sports marketing group SportQuake, and it is the first time ZERO Markets is sponsoring a top...
47 Crypto Providers Request Licenses In Turkey Under New Law
The Turkish Capital Markets Board reported that 47 cryptocurrency businesses have requested licenses following new rules put in place earlier this year. Turkey is now seeing an increase in cryptocurrency companies looking to establish themselves in the country. Renowned companies...
IG Group Chooses Morgan Stanley for Initial Phase of £150 Million Buyback
IG Group Holdings has declared the launch of a program to repurchase shares worth £75 million. This represents the initial segment of the previously announced £150 million buyback plan. The company is moving forward with this first part of its...
Paysafe Raises 2024 Revenue Forecast After Recorded 9% Surge In Q2
Paysafe has announced its financial results for Q2 2024. The company stated that its revenue grew by 9% to $439.9 million compared to the same period last year. Paysafe noted that it has also updated its growth projections for the...
US Sees 10% Increase In Forex Deposits, Highest In Over A Year
After two months of decline, US retail Forex deposits have surged, reaching their highest point in over a year. Despite the typically quiet summer period, the currency markets have remained volatile, prompting traders to commit more funds to daily trades....
Pepperstone Appoints Simona Wilkinson As New Head of Strategic Operations
Pepperstone has given Simona Wilkinson a new job title. Simona shared the news about her job change on LinkedIn. She has become the Head of Strategic Operations at Pepperstone. She said after having an amazing time working in HR, she...
IG Group Appoints William Mead As New Operations Chief
William Mead recently announced on LinkedIn that he has started a new position as Head of Operations at IG Group. Mead had previously worked at IG Group in several roles. From October 2019 to August 2024, he was the Head...
Scope Markets Announces Rebrand, Completes Rostro Group Integration
Scope Markets has announced that it wants to change its name and logo. Michael Ayres, the Chief Executive Officer of Rostro Group, which owns Scope, gave his opinion about the rebranding. He stated that the firm aims to match its...
Prop Firm Karma Closes As Founder Cites ‘Cheaters’ For Financial Problems
A week after launching a new trading platform and important updates, Karma, a prop firm, suddenly stopped its operations. The founder, Eshan Balapatabendi, said he "meant well" but faced "problems" that made his business "unable to continue." Karma's rise and...
Trezor Celebrates 10 Years Of Hardware Wallets
Trezor, famous for its hardware crypto wallets, is celebrating 10 years of the Trezor Model One, its first product. To celebrate, Trezor is giving away three special metallic Trezor Model One devices. Individuals can join by following Trezor on X,...
BingX Brings Apple Pay and Google Pay for More Crypto Payment Options
Cryptocurrency exchange BingX has added Google Pay and Apple Pay to its platform. This move allows BingX users to buy cryptocurrency, making use of 30 various currencies and two different payment methods. With the aid of encryption techniques, Bingx promises...
Russia’s Cryptocurrency Mining Legalization Approved By Putin
According to reports, Russia has now made it legal to mine Cryptocurrency. This is a major change in how the country deals with digital assets. President Vladimir Putin signed a new law that sets clear rules for mining cryptocurrency and...
US Court Orders FTX To Pay $12.7 Billion In CFTC’s Major Cryptocurrency Case
A US court has ordered FTX, the bankrupt cryptocurrency exchange, to give $12.7 billion in relief to its customers. The Commodity Futures Trading Commission (CFTC) shared the decision earlier this week. The decision followed FTX’s breakdown in late 2022, which...
Montenegro Court Puts Extradition Of Do Kwon On Hold
The decision to send Kwon Do-hyung, also called Do Kwon, from Montenegro to South Korea has been delayed again. The Supreme Court in Montenegro decided this yesterday. The court will check if South Korea’s request to send him back is...


