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Three Bank Failures Open New Chapter in Never-Ending Financial Crisis
5.7.2019
The collapse of three banks on three different continents indicates a new global crisis is brewing. But it may also show that the last one never really ended and the tools used to manage the global economy simply don’t work. Also read: Side Effects of Economic Growth: Is Snowden Right to...
Cardano Foundation Joins Global Digital Finance, Will World Towards Standardizing Crypto
5.7.2019
Cardano Foundation announced on Thursday that it had joined the London based organization, Global Digital Finance (GDF). The move will allow Cardano to contribute towards building global governance and standardizing crypto policies. The Cardano Foundation – in line with its goals to help shape...
Microsoft Likely to Introduce Mini XBox at $60
5.7.2019
Tech giant Microsoft might be better known for its Windows and Office software applications, but over the years the company has diversified into a range of businesses. However, one of the company’s biggest businesses is in gaming that draws in billions of dollars every year and it revolved around...
Bitcoin Cash ETP Lists on Leading Swiss Stock Exchange
5.7.2019
Cryptocurrency tracking instruments traded on established equity exchanges allow institutional and retail investors to gain exposure to digital assets. Now there is a new option to invest in bitcoin cash (BCH) with an exchange traded product in one of the most advanced markets in the world. Under...
Cyprus' Finance Minister: Blockchain Draft Bill to be Ready This Year
4.7.2019
Cyprus’ blockchain regulation draft will be ready this year, according to the country’s finance minister Harris Georgiades
Microsoft Announces Intelligent Cloud Delivery Strategic Partnership With Etisalat Digital
4.7.2019
For many years through the noughties and early years of the 2010s, Microsoft seemed like a sleeping giant as many other tech giants passed it by in terms of innovation and newer products. However, just when it seemed that the tech giant was either unable or unwilling to get its act together; it...
Major Chinese Financial News Provider Quietly Adds Crypto Index
4.7.2019
Sina Finance, major Chinese financial news source, has silently launched crypto index on its mobile app, according to local reports
Nordic Banking Behemoth Nordea Invests 5 Million Euros In Swedish Neobank P. F. C.
4.7.2019
Throughout the course of the history of the financial system, the latest innovations have managed to improve the entire system in a way that had not been envisaged and in that regard, Fintech is perhaps the latest example. Over the past five years, the Fintech industry has grown into...
French Fintech Startup Joko Raises 1.6 M Euros To Help Users With Credit Card Rewards
4.7.2019
Over the last five years, Fintech has grown into one of the hottest industries in the world and has grown by leaps and bounds across many countries. While the United States, United Kingdom, and China remain the leading lights of the new Fintech charge, other parts of Europe have also become active...
Driveway Deliveries Service Could Help Tesla To Maintain Deliveries Momentum
4.7.2019
At the start of the year, Tesla reported declining sales, and there were genuine fears about the future of the company. The stock price declined significantly as more and more investors believed that the company’s growth story had perhaps come to a halt for the time being. However, Tesla came back...
Deutsche Bank’s Restructuring Costs Could Set It Back By $5.7 Billion
4.7.2019
Deutsche Bank used to be one of the biggest banks in the world, and after a while, it decided to enter the world of high finance by expanding aggressively into new markets in the United States, United Kingdom, and Asia. It seemed like a sound strategy for Germany’s biggest bank, but then the 2008...
Ripple Incubator Xpring Announces $500 Million Invested in XRP Projects
3.7.2019
Xpring says it has spent around $500 million on 20 companies working on XRP-related projects
FCA Proposes A Complete Ban On Crypto Assets, Says Too Volatile For Small Investors
3.7.2019
Financial Conduct Authority, the financial markets regulators of the United Kingdom has suggested a ban on crypto assets, as they pose a big risk for small retail customers who fail to understand them. The suggestion comes days after Facebook unveiled Libra, a stablecoin to be launched in early...
Technology Arms Race Hots Up As JP Morgan Commits To Investing in AI
3.7.2019
As anyone might have noticed, technology has totally changed the way banking operates nowadays and it is perhaps even more so when it comes to professional trading. Over the years, banks have created complex algorithms and software application in order to maximize the returns from their hedge...
Microsoft, Dell And HP Join Procession Of Manufacturing Processes Being Moved From China
3.7.2019
Over the past decades, China has managed to become the world’s biggest hub for manufacturing for some of the biggest tech giants in the world. The reason behind that particular boom was manifold. Cheap labor was abundant in the country and in addition to that, there was a willingness among vendors...
Governments Often Ask to Remove ‘Unlawful’ Apps, Reveals Apple
3.7.2019
The explosion of technology and mobile phones has created an incredible ecosystem in which people can use a range of services through hundreds of thousands of apps. These apps are reviewed by the companies who own the application stores and then released to the public. One of the most popular...
UK Finance Watchdog Takes Step Toward Ban on Crypto Derivatives, ETNs
3.7.2019
The U.K.'s Financial Conduct Authority is now consulting on a ban of cryptocurrency-based derivatives and ETNs in a bid to protect investors
Symantec To Be Acquired By Broadcom In Deal Worth $ 15 Billion
3.7.2019
As far as leading corporations firms are concerned, it is a well-known fact that many of them seek to grow their business further with key acquisitions that can add more value and that seems to be a strategy of chip manufacturing giant Broadcom. The company had been trying to acquire big-ticket...
Christine Lagarde Nominated As Next President Of European Central Bank
3.7.2019
The European Central Bank and the International Monetary Fund are perhaps two of the most important institutions in the world, and hence, it does not come as a surprise that the former has tapped the latter’s chief for the top job. In a new development, it has emerged that the ECB has nominated...
Modi Discussed Crypto Standards at G20 Summit – A Look at How They Apply to India
3.7.2019
India’s Prime Minister Narendra Modi participated in discussions on crypto assets at the G20 leaders’ summit in Osaka, Japan. At the conclusion of the summit, the leaders of the G20 countries jointly declared their commitment to applying the crypto standards set by the Financial Action...