Paul Pierce, the former NBA star, fined $1.4m for openly supporting EMAX tokens
The US Securities and Exchange Commission recently targeted another celebrity for cryptocurrency endorsement, this time charging a former NBA star, Paul Pierce. According to reports, the regulator charged and then settled with Pierce due to his promotion of EthereumMax’s EMAX...
Oil prices gain by over 1% amid concerns about declining supply
Oil prices increased by more than 1% on Monday. The increase comes amid optimism over the growing demand in China and the production curbs by some of the largest producers. Russia is also making plans to rein in the supply...
Stellantis believes its German subsidiary Opel will sustain operations
Stellantis is optimistic about the financial outlook of its German subsidiary, Opel. The Franco-Italian carmaker believes that Opel will manage to sustain operations as a separate brand. Stellantis optimistic about Opel’s outlook Stellantis’ Europe Chief, Uwe Hochgeschurtz, commented on this...
CLS sees a FX ADV increase of 12.3% after months of declines
According to the recent data released by Continuous Linked Settlement (CLS), its average trading volume of forex trading recently saw an increase after declining for three continuous months. The decline started in September 2022, and each month after that, the...
China Renaissance Holdings stock crashes by 50% after founder went missing
A well-known Chinese businessman and dealmaker, Bao Fan, who founded the investment bank China Renaissance Holdings, recently went missing. The mainland China-based bank reported that the company has been unable to get into contact with him or find any information...
Crypto prices on the move after a number of impactful events in mid-February
The US SEC has been cracking down on various aspects of the crypto industry, and for a time, each new day brought some major development. Primarily, the regulator has been publishing new rules, and announcing enforcement actions against specific companies...
MetaMask now allows users to buy crypto with fiat from their wallets
After recent events such as the US SEC’s crackdown on various aspects of the crypto industry, the digital assets sector finally received some good news this Friday. A recent move by the leading crypto wallet provider, MetaMask, will allow all...
Recent US SEC crypto crackdowns led Binance to consider severing US ties
Last year has been rather bad for the crypto industry, for a variety of reasons. The crypto winter that took hold of the sector led many firms to bankruptcy, including the major crypto exchange FTX. FTX’s collapse further led to...
Interactive Brokers enters Taiwan through a new partnership
Interactive Brokers Group just became the first international broker to support Sinopac Securities — a trading company based in Taiwan. Sinopac offers its services to institutional and retail clients alike, and allows them to trade a variety of assets from...
Hong Kong and China signed a MoU about cross-border shares listing
China and Hong Kong have made a crucial move in strengthening their cross-border regulatory efforts when it comes to securities offerings and listings by the local companies in two countries. The two countries have just signed a Memorandum of Understanding...
VT Markets announces the integration of Analysis IQ technology by Signal Centre
A global multi-asset brokerage located in Sydney, Australia — VT Markets — recently revealed that it had integrated Analysis IQ. This is specialized technology created by Signal Centre, which allows users to improve their trading decisins by combining traditional and...
Boeing offers Chief Executive $5.29M to stick with the company amid recovery
On Friday, the Chief Executive of Boeing, Dave Calhoun, was awarded an incentive worth around $5.29 million. The company has given Calhoun this incentive to urge him to remain in the company as it goes through recovery. Boeing offers $5.29M...
Guyana to reclaim 20% of the Stabroek oil block and remarket it by year-end
The Vice President of Guyana, Bharrat Jagdeo, has said that the country is planning to reclaim 20% of the Stabroek oil block responsible for several major discoveries from a consortium spearheaded by Exxon Mobil Corp and to remarket it by...
Robinhood user base in January 2023 was 31% smaller than last year
Robinhood, one of the leading trading platforms, saw a 31% drop in monthly active users in January 2023 compared to the same period last year. The monthly active users (MAU) count went from 17.3 million in January 2022 to 12...
MetaQuotes launches a new messaging app on Apple App Store
Around five months ago, Apple removed MetaQuote trading apps — MetaTrader4 and 5 — from its App Store, allegedly because they were not in compliance with the guidelines. Now, MetaQuote is back once again, this time with a brand new...