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Two Suspects Arrested By Indian Police in $12 Million Crypto Scam
According to a recent report, Maharashtra (India) police have detained two people for allegedly orchestrating a crypto scam that defrauded over 1,400 investors and stole approximately $12 million from them. As per Thane Police's Economic Offenses Wing (EOW), the arrests were made... -
B2Broker Released an All-in-One cTrader Brokerage Business Solution
B2Broker, a leading provider of liquidity solutions and innovations for the financial market industry, has launched its cTrader White Label service. The new product provides businesses around the world with access to one of the most advanced and recognized multi-asset... -
Celsius Network Lines Requests a Limited-Guest Recession Renewal
Celsius Network Ltd., which filed for Chapter 11 bankruptcy, has requested the release of $50 million of the total amount held in the Custody Program and Withhold Accounts, which totals $225 million. In addition, the network asked the US Bankruptcy Court... -
Analysts Turn Cautious on Nvidia Stock amid Slowing Economy
With a YTD loss of almost 54%, Nvidia is among the worst-performing chip stocks. The stock has created significant wealth for investors over the last decade but Wall Street analysts are getting apprehensive about its short-term outlook. Nvidia reported its... -
Thailand Tightens Crypto Advertising Regulations
Thailand's Securities and Exchange Commission (SEC) has tightened regulations on cryptocurrency advertising to protect individual investors after a $2 trillion selloff. Before this, Singapore did the same, as some advertisements contained no warnings about crypto risks. In an email Thursday,... -
Japanese Financial Regulator Has Proposed Crypto Tax Breaks
The top financial regulator in Japan, the Financial Service Agency (FSA), has stated that it is willing to change the crypto tax rules. The regulations govern how businesses and their investors are taxed for crypto transactions. According to a Bloomberg... -
Axi South Africa: Easy-to-Use Multi-Asset Broker
Asset trading platforms are a trader’s gateway into the financial market. They provide traders access to a wide range of assets while also allowing them to speculate on their prices to earn a profit. Axi, a well-known CFD broker, is... -
Uncertain Crypto Market: Could Ethereum Overtake Bitcoin Over the ETH Merge?
The Ethereum blockchain will see a significant change known as "the ETH Merge" that will occur around the middle of September. The Merge will combine the existing mainnet, which employs "proof of work" and holds every transaction, with the Beacon... -
Crypto Market Crashes After Comments from the Fed Chair
Since the start of the day, the crypto market has been flashing red as Fed Chair Jerome Powell maintains his hawkish stance on inflation and monetary policy. Meanwhile, the S&P 500 finished the day down 3.4%, its lowest level since... -
How the FSD Price Increase and Inflation Reduction Act Would Help Tesla
This month, there have been two developments related to Tesla. The company’s CEO Elon Musk announced that Tesla would increase the FSD (full-self driving) price by $3,000 to $15,000. Separately, President Joe Biden signed the Inflation Reduction Act which would...