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World’s Biggest Investment Banks to Face Class Action Lawsuit in Australia


Earlier this month, some of the world’s biggest investment banks were found to have been involved in widespread foreign exchange manipulation by the regulatory authorities in the European Union. At the time, it came to light that some of the traders employed with the biggest names in investment...

Renault Board Presented with Merger Offer by Fiat Chrysler


In the world of top-level business, mergers and acquisitions often go on to create behemoths that can tide over any crisis in the industry and over the years, many such mergers have happened in the automobile industry. In a new development, it has now emerged that Fiat Chrysler has sent a merger...

S Korean Bank Unveils ‘Country’s First Blockchain-powered Loans’


South Korea’s Shinhan Bank says it has launched the nation’s first blockchain-powered loans. The bank says that it will use blockchain-powered solutions to overcome hurdles for members of the general public applying for loans online, and will apply the technology to its scraping activities. In...

China Releases New Crypto Rankings


China’s Center for Information and Industry Development has released its latest rankings of 35 crypto projects that were evaluated over the past two months. While several top positions remain unchanged, Bitcoin has climbed up the overall ranking. Also read: Indian Supreme Court Postpones...

Foreign Ownership in IT and Telecom to be Restricted by Japan


Cybersecurity has been a recurring issue for the most government over the past decade or so and the worries went up several notches when the United States accused Chinese telecom giant of being a vehicle for spying for Beijing. The company was eventually banned and blacklisted, but many other...

Pressure Rises on Chinese Economy as Industrial Profits Shrink for April


The downturn in the Chinese economy and the shrinking of domestic demand has been one of the biggest stories in international economics for the better part of a year. In addition to that, the turmoil brought upon by the damaging trade war with the United States has had its own effect on...

Bitcoin Cash Privacy Has Improved in Leaps and Bounds


Over the last few years, privacy has become of great importance to digital asset enthusiasts as law enforcement has cracked down on money transmitters, seized coin shuffling services, and blockchain analysis has increased significantly. To thwart this, some bitcoiners have turned to mixing...

Facebook Globalcoin: Bitcoin Killer or Bitcoin Multiplier?


It may sound like a 2014-era shitcoin, but Globalcoin is this year’s most anticipated new digital asset. It doesn’t matter that it’s not decentralized, not permissionless, and not even crypto. The only question that really matters is what does Facebook’s currency spell...

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