Markets

Allium Inc. is a web3 data delivery system for corporations. The platform has announced that it has secured $16.5 million in early funding, spearheaded by Theory Ventures, to build out its systems and help more financial institutions accept digital assets....

Cryptocurrency exchange WazirX has reported a $230 million hack on its platform to the police. The company said the scam happened on Thursday. It has also informed the Indian Computer Emergency Response Team about the incident. Working with CERT means...

The Hong Kong Monetary Authority announced that Standard Chartered had become one of the participants in its stablecoin issuer sandbox. Standard Chartered will release stablecoins in Hong Kong to explore its plans after getting approval from the Hong Kong Monetary...

According to reports, Crypto exchange OKX is stopping its services in Nigeria because of new local rules. This surprising news came after months of slowly cutting back services, which will end entirely by mid-August. In the email delivered to customers...

American Express is now being targeted by the Australian Securities and Investment Commission (ASIC) for breaking the rules about how financial products should be designed and distributed. The Australian court has also told the credit card company to pay AU$8...

Finalto, a company that provides liquidity and prime brokerage services, has teamed up with Trive South Africa to improve operations in the African financial markets. In a recent statement, Finalto said this partnership will provide better trading help for Trive...

A vast IT outage is happening worldwide because of a problem with the CrowdStrike Falcon Sensor. This issue has even affected forex and CFDs brokers, with IC Markets being one of the brokers facing an outage. IC Markets Global stated...

Liquidnet, a top technology-focused company that helps execute trades, has announced a partnership with Boltzbit, an innovative startup in artificial intelligence. They aim to improve how they handle workflows in the primary markets for fixed income. According to the update,...

Anne Boden, the founder of Starling Bank, has stepped down from the board to pursue a venture in artificial intelligence. Boden, who founded the digital bank in 2014, now dedicates her efforts to AI By Boden, a company she registered...

During the iFX EXPO 2024 gathering, Dr. George Theocharides, the Head of the Cyprus Securities and Exchange Commission (CySEC), gave a speech concerning proprietary trading firms. He said Prop trading firms will be watched more closely soon and in the...

When Premier League winners Manchester City face Tottenham Hotspur in late November, both teams will wear shirts with crypto companies' logos on the sleeves. Tottenham Hotspur has revealed a global brand partnership with Kraken, starting before the 2024/25 season. Kraken...

Wirex, a top Web3 money application, and Visa, a global leader in digital payments, expanded their partnership. The move aims to increase the use of digital currencies in the European Economic Area and the United Kingdom. According to the update,...

Tether has appointed former Chief Economist at Chainalysis, Philip Gradwell, as its Economics head. On its website, the company said Gradwell will help the firm understand digital money better and talk more clearly with regulators and stakeholders. Gradwell has worked...

Online broker eToro has collaborated with SDA Bocconi to strengthen its presence in the European and fintech sectors. The company offers trading and investment services on its platform. It recently announced that it joined Milan's European Financial Service Technology Hub,...

Bank of America has introduced a smart transaction search tool with built-in investigation features on its CashPro platform. This tool will make financial management easier and faster for treasurers, corporate finance departments, and Chief Financial Officers. It offers users the...