SIX Group today announced that it is planning to launch a new dedicated equity segment for small and medium enterprises (SMEs) in an effort to facilitate the growth of SMEs in Switzerland. Dubbed ‘Sparks’, the new segment will address the financing needs of SMEs in the country. SIX also highlighted […]

A South African regulator, the Financial Sector Conduct Authority (FSCA), has informed key figures behind Mirror Trading International (MTI) that it intends to impose a fine of $7 million against the now-defunct crypto investment company. Contravention of Financial Sector Law According to a July 6 letter, which has also been […]

Large Bitcoin accounts have expanded their BTC holdings in the last few weeks amid market volatility. According to the latest data posted by crypto analytics platform Santiment, Bitcoin whale addresses holding between 100 and 10,000 coins now own approximately 9.13 million coins, nearly 49% of the total supply. Despite the […]

Hong Kong tech company Meitu has taken a $17.3 million hit on its Bitcoin (BTC) holdings — but on the upside, its Ether (ETH) holdings have gained $14.7 million. The developer of popular Photoshop-style apps spent a total of $100 million on BTC and ETH between March and April this […]

The Chinese central bank is “quite worried” about the global financial risks associated with digital currencies, particularly stablecoins, according to a senior official. Fan Yifei, a deputy governor of the People’s Bank of China (PBoC), expressed concerns over the reportedly serious threat stablecoins like Tether (USDT) pose to global financial […]

A self-proclaimed Bitcoin King has been arrested in Brazil on charges of embezzling over $300 million from his clients. Claudio Oliveira was the president of the Bitcoin Banco Group, a Brazilian digital currency brokerage company. In 2019, he claimed that his company had been hacked and lost over 7,000 BTC. […]

There is “no doubt that blockchain technology is here to stay,” says IBM’s Tatjana Meier.  Tatjana, Blockchain Practice Leader at IBM Services Switzerland, admits that it’s still early days for the technology. But she is confident it will prove beneficial for businesses and consumers alike and “can do a lot […]

Euronext, a Pan-European trading venue operator, published its trading volume metrics for June 2021 on Wednesday. According to the report, its total number of transactions for the cash market during the period was 67,589,560, falling by -7% on a month-over-month basis, and with a -27% change in a yearly reading. […]

Coinbase is arguably one of the largest and most popular cryptocurrency exchanges in the western hemisphere. The company has become the first and only crypto exchange as of late to be listed publicly, and it is estimated that the firm has a valuation of approximately $70 billion or more. However, […]