Markets

Aviva is a fintech company that focuses on microbusinesses and personal financing. The firm has revealed that it has secured $5.5 million in an overfunded investment round, a kind of round where investors contribute more than what the company asked...

CleanSpark, the second-largest Bitcoin producer on Wall Street by market value, has recently announced that it has signed power contracts for 75 megawatts (MW). It has also bought its first Bitcoin mining site in Wyoming. This expansion adds a third...

In July, the foreign exchange market experienced a lot of volatility, especially with the Japanese yen and the falling US dollar. Because of this, the average daily volumes (ADV) of the biggest institutional players in the sector went up compared...

eToro, a trading and investing platform, announced that it has started staking services for Ethereum (ETH) and Solana (SOL). This new feature lets users gain rewards by joining in staking activities. People who stake coins on eToro earn extra rewards...

FTMO, a leading prop trading brand set to launch a brokerage, reported a turnover of nearly CZK 5 billion (over $213 million) in 2023, up 20% from the previous year’s CZK 4 billion (about $170 million). The company's EBITDA also...

Wells Fargo has hired a new technology leader and moved current Chief Information Officer Tracy Kerrins to a newly formed Generative AI team. The bank has appointed Bridget Engle from BNY and put her in charge of all technology within...

A report has revealed that India's small banks have been hit by a ransomware attack, making nearly 300 lenders go offline. The attack targeted C-Edge Technologies, a main provider of banking technology. This event has cut these banks off from...

Primary Portal, a website that brings together and converts equity market activities into digital format, has successfully wrapped up the first phase of its £7.5m Series A funding. The funding round was led by DB1 Ventures, the investment branch of...

Terra Blockchain recently halted its activities for a short time before starting up again, after a $4 million breach.  This sudden interruption was due to a reentrancy attack that took advantage of a known vulnerability. This led to the theft...

Bitcoin miner Argo Blockchain, appearing on the Wall Street of London stock exchange, has made known to the public a secret placement alliance with an organizational investor worth £6.5 million. This Agreement is all about the disbursing of 57,800,000 ordinary...

The Hong Kong Securities and Futures Commission has issued a Type 3 license to ATFX, a renowned brand that offers forex and contracts for differences (CFDs) services. According to the update, ATFX has now strengthened its presence in Asia. By...

Santander plans to polish its credentials with Gen Z by searching TikTok for talent to assemble an international online music band. The bank has introduced an international competition 'Louder Together' to look for five skilled musicians from Uruguay, Portugal, Mexico,...

The Bank of England has outlined its strategy for innovation in retail payments, focusing on direct bank-to-bank transfers. It pointed out the necessity for UK payment systems to be compatible with similar systems abroad. This was detailed in a recent...

Cryptocurrency exchange OKX has announced the launch of pre-market futures. The new features enable users to trade futures contracts with double leverage for new tokens before being offered to the public. The crypto exchange stated that the new feature will...

The Financial Conduct Authority (FCA) has started a review to improve its rules that govern financial services. The authority aims to reduce the regulatory burdens on businesses. It took this step after unveiling the Consumer Duty. This rule ensures businesses...