Latest Market News

Jun 28
L8 Holdings Ltd. and Pro-IPO Investment: BaFin prohibits L8 Holdings Ltd. and Pro-IPO Investment from offering the securities the shares of L8 Holdings Ltd. to the public.

On 22nd June 2022, BaFin prohibited L8 Holdings Ltd., which states that its registered office is in 2102-58 Keefer Place, BC Vancouver, Canada, and Pro-IPO Investment, which states that its registered office is in 50 Mark, Ln, EC3R 7QR London, United Kingdom, from offering the securities shares of L8 Holdings Ltd. to the public. BaFin […]

Jun 28
Newsletter for the AML compliance officers

AML compliance officers (ALMCO) play a key role in combatting money laundering and terrorist financing (AML/CFT). Given the importance of their tasks, the FSMA wishes to increase opportunities for exchanging information with AMLCOs, in particular by publishing newsletters and organising events specifically for them. In line with this aim, the FSMA has published a newsletter […]

Jun 28
Crypto community confused as Celsius continues with weekly rewards

Some Twitter users have called it “insulting” that Celsius continues to pay weekly rewards despite still pausing withdrawals. 5191 Total views 65 Total shares Members of the crypto community on Twitter have been left bewildered by the beleaguered Celsius Network continuing to pay weekly rewards despite pausing withdrawals two weeks ago. As previously reported, crypto […]

Jun 28
EBay stock downgraded as UBS worries about potential recession impacts on e-commerce

Shares of eBay Inc. EBAY, -2.49% were falling 2.5% in Tuesday morning trading after UBS analyst Kunal Madhukar downgraded the stock to neutral from buy, writing of growth concerns regarding the online marketplace. “Expectations are low, with non-Focus categories declining and with Focus categories, which are doing better, comprising purely discretionary spend which could be […]

Jun 28
CoinFLEX recovery plan includes tokenized bad debt and more yields

The crypto lender issued a no-liquidation account to an unnamed whale on the condition that the account would never go negative, but that plan has backfired. 978 Total views 41 Total shares Crypto investment platform CoinFLEX aims to rectify its liquidity shortage and restart user withdrawals by selling off bad debt through a new $47 […]

Jun 28
Fortinet stock gains after upgrade at BMO

Shares of Fortinet Inc. FTNT, -0.02% were up 0.5% in Tuesday morning trading after BMO Capital Markets analyst Keith Bachman turned positive on the cybersecurity stock. Bachman sees “durable growth” ahead for the company, writing that, through calendar 2023, he expects Fortinet to sustain 20% revenue and Billings growth as well as free-cash-flow margins in […]