Latest Market News

Jun 22
Solana whale moves $25M of USDC debt from Solend to Mango Markets

The move reduces the utilization of USDC within the Solend platform and allows users to withdraw their assets once more. 2278 Total views 30 Total shares The Solana (SOL) whale that was subjected to the potential takeover by a recent Solend governance vote has gotten in touch with the lending protocol and moved $25 million worth […]

Jun 22
Altria shares slide on report U.S. FDA to ban Juul e-cigarettes from U.S. market

Altria Inc. shares MO, -8.61% slid 8.6% Wednesday, after a report that the Food and Drug Administration is preparing to order Juul Labs Inc. to take its e-cigarettes off the U.S. market. The report by the Wall Street Journal cited people familiar with the matter who said the decision could come as early as Wednesday. […]

Jun 22
Certain aspects of appropriateness and execution-only requirements

The purpose of the ESMA guidelines is to clarify the application of certain aspects of the MiFID II appropriateness and execution-only requirements in order to ensure the common, uniform and consistent application of Article 27ter, §§ 3 and 5, of the Law of 2 August 2002 on the supervision of the financial sector and on […]

Jun 22
FCA seeks re-trial in insider dealing case

Statements First published: 22/06/2022 Last updated: 22/06/2022 The Financial Conduct Authority will pursue a re-trial of Stuart Bayes and Jonathan Swann for insider dealing offences. This follows the Court’s decision on 25 May 2022 to discharge the jury after they were unable to reach a verdict following an eight-week trial at Southwark Crown Court.  The […]

Jun 22
FCA fines insurance broker JLT Specialty Limited £7.8m for financial crime control failings

The Financial Conduct Authority (FCA) has fined JLT Specialty Limited (JLTSL) £7,881,700 for financial crime control failings, which in one instance allowed bribery of over $3m to take place. JLTSL is based in the UK and provided insurance broking, risk management and insurance claims services. It was part of JLT Group plc, which had a […]

Jun 22
Bitcoin miners sold their entire May harvest: report

Bitcoin miners are finding it extremely hard to continue their operation as the cost of production has exceeded the profit. 2952 Total views 54 Total shares The cryptocurrency market entered a sell-off phase in the first week of June, seeing a market-wide route with the majority of cryptocurrencies falling to a 4-year low. The deteriorating […]