Press Releases

European Securities and Markets Authority, has issued EU Regulator ESMA Cryptocurrency Risks Warning for investors

The European Supervisory Authorities (ESAs) for securities (ESMA), banking (EBA) and insurance and pensions (EIOPA) have made an announcement for consumers regarding the risks of buying cryptocurrencies.   The ESAs are concerned that an increasing number of consumers are buying VCs unaware of the risks involved. VCs such as Bitcoin, are subject to extreme price volatility and have shown clear ...

Read More »

Banco Santander Prepares to Roll Out Personal Payments via Ripple Network

Banco Santander has set a Q1 2018 launch date for the introduction of same day mobile international payments for personal customers using Ripple's distributed ledger technology. A spokesperson for the bank noted: “We plan to launch this in the coming months, and we can confirm in the registry that we plan to use xCurrent in the project. We expect to ...

Read More »

Singapore Will not Ban Cryptocurrencies

Singapore Will not Ban Cryptocurrencies, according to the latest commentary of Tharman Shanmugaratnan, the deputy prime minister and minister in charge of regulatory body the Monetary Authority of Singapore (MAS). “Cryptocurrencies are an experiment. The number and different forms of cryptocurrencies is growing internationally. It is too early to say if they will succeed,” Shanmugaratnam said. “If some do succeed, their full implications ...

Read More »

Bitcoin continues sinking down – $6000 is within reach

Cryptocurrencies are diving again on Tuesday, extending a slump that began in earnest at the start of January. Bitcoin briefly fell below $6,000 at around 8.00 a.m. GMT (3.00 a.m. ET) for the first time since mid-November. Hussein Sayed, chief market strategist at FXTM, said on Tuesday morning:  "The most famous digital currency has fallen 69% from December’s record high, and ...

Read More »

BitConnect Platform Shuts Down Following Regulatory Warnings

BitConnect, the lending and exchange platform that was long suspected by many in the crypto community of being a Ponzi scheme, has announced it's shutting down.  The company, will close in 5 days according to their announced on its website published on Tuesday. “In short, we are closing lending service and exchange service while BitConnect.co website will operate for wallet ...

Read More »

Kodak is joining the cryptocraze with ‘KodakCoin’

Kodak the iconic photography company which first established in the 1880s has joined the blockchain and ICO age to create a new platform for digital photography with its own digital currency, called KodakCoin. The company announced a new partnership with WENN Digital for a blockchain-based platform that will aim to protect photos and images, along with artists and photographers.  “The image ...

Read More »

Former Company Insider Earns More Than $4.1 Million for Whistleblower Tip

The Securities and Exchange Commission announced an award of more than $4.1 million to a former company insider who alerted the agency to a widespread, multi-year securities law violation and continued to provide important information and assistance throughout the SEC’s investigation.  The whistleblower is the third awarded by the SEC in the past week.​   “Company insiders often have valuable information that ...

Read More »

SEC Charges Penny-Stock Operators in Push to Crack Down on Repeat Offenders

The Securities and Exchange Commission today charged two individuals with defrauding investors in penny stock companies that claimed to have valuable patents.  One of those charged had been barred from the penny stock business based on his role in another securities scheme and neither he nor his companies had ever been issued any patents by the U.S. Patent and Trademark ...

Read More »

FCA warns against Myfinance

UK Financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Myfinance . Myfinance is not authorised by the FCA but has been targeting people in the UK and carrying on regulated activities which require authorisation. See the article here: Myfinance​ Posted on: 29/09/2017

Read More »

Tradency: Mirror Trader Crypto & RoboX Crypto are now available to support Cryptocurrencies

tradency

Tradency, a financial technology provider, today announced the support of cryptocurrencies by its auto trade-by-knowledge platform, the Mirror Trader and its active robo-advisor the RoboX. Mirror Trader Crypto & RoboX Crypto deliver to the retail traders, new cryptocurrency strategies that take advantage of the cryptocurrency trading patterns to create trading opportunities. Tradency has focused on the top five most popular ...

Read More »