Latest Market News

May 12
Bitcoin falls below $27K to December 2020 lows as Tether’s peg slips under $0.99

Bitcoin (BTC) fell out of its long-term trading range on May 12 as ongoing sell pressure reduced markets to 2020 levels. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Tether wobbles as UST stays under $0.60 Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it exited the range in which it had traded since the […]

May 12
Payoneer stock surges after company beats on earnings, raises forecast

Shares of Payoneer Global Inc. PAYO, +4.35% were up 15% in after-hours trading Thursday after the financial technology company, which helps enable payments across borders, topped expectations with its latest results and upped its full-year forecast. The company logged net income of $20.2 million, or 6 cents a share, whereas it posted a net loss […]

May 12
Canadian securities regulators announce boards of new SRO and IPF and seek comment on draft documents

Vancouver and Toronto – The Canadian Securities Administrators (CSA) today announced the proposed board members of the new self-regulatory organization (SRO) and investor protection fund (IPF), and the publication for comment of several documents necessary to launch the new SRO and IPF.  “Today’s announcement of the new boards and publication of draft documents marks a major […]

May 12
Multilateral CSA Notice of Publication Amendments to National Instrument 94-102 Derivatives: Customer Clearing and Protection of Customer Collateral and Positions

Regulated Industries FCNB is responsible for the regulation and enforcement of securities, insurance, pensions, credit unions, trust and loan companies, co-operatives, mortgage brokers, pay day lenders, real estate and a wider range of other consumer legislation. We regulate 36,000 industry participants who make their living working with New Brunswickers’ money. These industry participants handle more […]

May 12
Breaking: Terra blockchain officially halted following LUNA price collapse

Validators decided to halt chain operations on Thursday in anticipation of governance attacks as the LUNA token plunged over 99%. 13677 Total views 43 Total shares Validators for the Terra blockchain have decided to officially halt network activity on Thursday in a move designed to prevent governance attacks following the severe devaluation of the network’s […]

May 12
Biden administration unveils actions to address baby-formula shortage

The Biden administration on Thursday rolled out measures to address an ongoing U.S. baby-formula shortage, with the steps including one aimed at WIC, which is the federal government’s Special Supplemental Nutrition Program for Women, Infants and Children. The administration is “urging states to allow WIC recipients to use their WIC benefits on a wider variety […]