European regulators slam major banks for forex manipulation
European regulators slammed a handful of major banks with a billion dollar fine for rigging forex markets.
EU antitrust regulators have fined Barclays, Citigroup, J.P. Morgan, and Royal Bank of Scotland a massive €1.07 billion...
Tether no longer backed by fiat alone
Tether, among the most popular stablecoins in the cryptocurrency world, is a widely used vehicle for hedging against the volatile crypto market, as well as getting dollars in and out of exchanges easily. And...
The catalyst that could wake sleeping FX markets
FX markets have been surprisingly calm over the past few years, and it looks like only a crisis might wake the sleeping bear.
This week, the JP Morgan global foreign exchange volatility index fell to...
Pound continues to slide as no-deal Brexit looms
The pound is taking a pounding versus the dollar, euro and other currencies as the possibility of a no-deal Brexit looks increasingly likely.
Under new Prime Minister Boris Johnson, the government has strengthened its stance...
China’s Crypto-Mining Exodus
During the presidency of Donald Trump, there was an evident trend of decline in student and work visas from Asian countries, predominantly China. Now, it seems that the US can expect an influx of...
Binance loses $41 million as exchanges grapple with growing threat from hackers
Binance, one of the world's biggest cryptocurrency exchanges, fell victim to a major data breach on Sunday evening.
The "security breach" as Binance is reporting it, led to 7,000 bitcoin being taken from the exchange...
World’s largest wealth fund slashes exposure to emerging markets
The world's biggest sovereign wealth fund is minimizing its position in emerging markets.
According to its finance ministry, Norway's $1 trillion sovereign wealth fund is set to cut down its $300 billion fixed-income portfolio by...
Money Laundering Is A Multi-Trillion-Dollar Business
According to documents obtained by BuzzFeed News and shared with the International Consortium of Investigative Journalists (ICIJ) and more than a hundred other media outlets, more than 2,000 files show more than $2 trillion...
Coinbase Custody completes first cold-storage OTC trade
If you're active in the crypto community and have been on Linkedin at any time in the previous year, I am sure you're aware of how much of a 'wild west' the OTC market...
Hyperinflation hits the U.S. dollar in Venezuela
As Venezuela's embattled government continues its downward spiral, hyperinflation is soaring. And now, not even the U.S. dollar is immune.
Once a prosperous country, Venezuela is suffering from the collapse of its economy amid corruption,...
