Author: Dave Staff
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Circle Becomes First Stablecoin Issuer to Meet New Canadian Regulations
Circle Internet Group, Inc., the global financial technology company behind the U.S. dollar-denominated stablecoin USDC, has achieved a significant milestone by becoming the first stablecoin issuer to comply with the…
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Retail Prop Trading Firms Struggle: Ascetic Capital & Smart Prop Trader Shut Down
The retail prop trading market appears to be facing a period of oversaturation and instability, as demonstrated by the rapid collapse of Ascetic Capital, a new firm that announced it…
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EBC Financial CEO Highlights Offshore Brokerage Trends and Risks in Retail Trading
David Barrett, CEO of EBC Financial’s UK unit, discussed the rising trend of traders turning to offshore brokerage firms due to restrictive regulations in home countries, particularly around leverage. Barrett…
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Cambodia Blocks 16 Crypto Exchange Websites, Including Binance and Coinbase
In response to rising concerns over cybercrime linked to cryptocurrency, Cambodia has taken decisive action by blocking access to 16 crypto exchange websites, including major platforms like Binance and Coinbase….
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SEC Charges Kiromic BioPharma and Two Former Executives Over Misleading Investors
The U.S. Securities and Exchange Commission (SEC) has filed settled charges against Kiromic BioPharma, Inc., a Houston-based biotherapeutics company, along with its former CEO Maurizio Chiriva-Internati and former CFO Tony…
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Cboe BZX Exchange Proposes Changes to Fee Schedule, Adjusts Volume Tiers and Fee Codes
Cboe BZX Exchange has filed a proposed rule change with the U.S. Securities and Exchange Commission (SEC) to amend its fee schedule, including adjustments to its Add Volume Tiers and…
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SEC Terminates Fenway Partners’ Fair Fund and Transfers Remaining Funds to U.S. Treasury
The U.S. Securities and Exchange Commission (SEC) has officially concluded its proceedings involving Fenway Partners, LLC, and its executives, after they failed to disclose conflicts of interest and made material…
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ASIC Proposes Updates to Cryptocurrency and Digital Assets Financial Products
The Australian Securities and Investments Commission (ASIC) has released Consultation Paper 381 (CP 381), outlining proposals to update Information Sheet 225 (INFO 225), which provides guidance on the regulatory treatment…
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Intel CEO Pat Gelsinger steps down amid faltering turnaround strategy
Intel (INTC.O) has announced the resignation of CEO Pat Gelsinger, less than four years after he took the helm in an effort to revive the American chipmaking giant. Gelsinger’s departure,…
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Trigon Metals Inc. Reports Q2 2024 Financial and Operational Results
Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) has released its financial and operational results for the quarter ending September 30, 2024. The company will host a conference call tomorrow, December…
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Capital.com partners with Amazon in Dubai with AED 1M raffle campaign
Capital.com’s UAE branch has joined forces with Amazon in a high-profile collaboration aimed at promoting its services in Dubai. Under the partnership, over 500,000 Amazon customers will receive a Capital.com-branded…
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SEC charges Touzi Capital with defrauding investors in $95M crypto mining scheme
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against investment firm Touzi Capital, alleging that the company misled more than 1,200 U.S. investors about the liquidity and…
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ASIC issues final stop order against Indy-C over non-compliant credit arrangements
The Australian Securities and Investments Commission (ASIC) has issued a final stop order preventing Indy-C-Fashion Accessories Pty Ltd (Indy-C) from offering Centrepay credit arrangements to consumers at its Katherine store….
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Dogecoin outpaces Porsche’s market cap amid Musk hype and memecoin buzz
Dogecoin, the popular memecoin backed by billionaire Elon Musk, has surged past the market capitalization of luxury automaker Porsche. Driven by Musk’s endorsements and speculation over a potential exchange-traded product,…
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SEC files fraud charges against Touzi Capital and managing member Eng Taing over $100M investment scheme
The U.S. Securities and Exchange Commission (SEC) has filed a civil action against Touzi Capital, LLC, and its managing member, Eng Taing, accusing them of defrauding over a thousand investors…
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XTM reports strong Q3 2024 results, highlights growth and strategic moves
TORONTO (Dec 1) – XTM Inc., a fintech company specializing in innovative payment solutions, including Earned Wage Access (EWA) through its AnyDay™ platform, has reported significant growth in its third-quarter…
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Bitcoin Bull Market Continues as Analysts Eye $146,000 Target
November 27, 2024 – Bitcoin’s valuation metrics suggest that the cryptocurrency’s bull market is far from over, with analysts predicting potential further price increases in the coming months. According to…
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Federal Court Orders $1.25 Million Penalty and Four-Year Disqualification for Property Scheme Operator Sasha Hopkins
Sydney, Australia, November 27, 2024 – The Federal Court has ordered Sasha Hopkins, the founder and director of The A Team Property Group, to pay a $1.25 million penalty and…
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SEC Orders Disbursement of Fair Fund for Poloniex Investors
Washington, D.C., Nov. 26, 2024 – The U.S. Securities and Exchange Commission (SEC) has directed the disbursement of $4.58 million from the Fair Fund to investors harmed by Poloniex, LLC,…
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CrowdStrike Reports Strong Q3 FY2025 Results, Surpasses $4 Billion in ARR
CrowdStrike Holdings, Inc. (Nasdaq: CRWD) reported impressive results for the third quarter of fiscal year 2025, with significant milestones in both revenue and annual recurring revenue (ARR). The cybersecurity firm…
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Recent Posts
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Circle Becomes First Stablecoin Issuer to Meet New Canadian Regulations
-
Retail Prop Trading Firms Struggle: Ascetic Capital & Smart Prop Trader Shut Down
-
EBC Financial CEO Highlights Offshore Brokerage Trends and Risks in Retail Trading
-
Cambodia Blocks 16 Crypto Exchange Websites, Including Binance and Coinbase
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SEC Charges Kiromic BioPharma and Two Former Executives Over Misleading Investors