XTB (WSE: XTB), one of Poland’s largest brokerage houses, has announced a strategic partnership with the local self-regulatory Association of Individual Investors (SII). This new collaboration is aimed at improving the standards of the Polish financial market, including the establishment of a ‘Spokesperson for Individual Investors Rights’. XTB Shows a Boom in Individual Investors’ Numbers […]
Category: STO News
Cantor Fitzgerald Europe Reports 80.5% Jump in Gross Profit in 2022
Cantor Fitzgerald Europe, an investment bank in securities and derivatives, has released its financial statement for the year ended 31 December 2022. The report highlights the company’s strong financial performance and strategic priorities going forward. Cantor Fitzgerald Profits Rise in 2022 In 2022, the company operating from the United Kingdom, Israel, and Dubai, reported a […]
Gemini Asks US Court to Dismissed SEC Lawsuit
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. According to a Friday report, Gemini, the cryptocurrency exchange of the Winklevoss twins, asked a US judge to dismiss an SEC lawsuit targeting their company. The Commission filed a complaint in January alleging that […]
Maker DAO Starts Vote to Raise DAI Savings Rate to 3.3%
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Friday, May 26th, Block Analytica put forth a proposal on Maker DAO to increase the DSR—the DAI Savings Rate—to 3.3%. If accepted, the proposal would constitute a significant increase from the current rate […]
Gulf Binance Secures Crypto Service Provider License in Thailand
Gulf Binance, a joint venture firm between Binance and Gulf Innova, has obtained a digital asset operator license from Thailand’s Ministry of Finance. Gulf Innova is a subsidiary of Gulf Energy Development which operates the firm’s digital business. Binance announced the license approval on Friday, noting that the firm is aiming to launch a cryptocurrency […]
Huobi To Open Hong Kong Cryptocurrency Trading Service
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On May 26th, the cryptocurrency exchange Huobi announced its plans to open a trading service in Hong Kong. The decision follows a set of comprehensive updates to the city’s regulatory framework pertaining to digital […]
Trading in SONIA Peaks on ICE as Investors Bet on Higher Interest Rates
Derivatives trading on the Sterling Overnight Index Average (SONIA) reached a new height of 1.37 million futures and options contracts on May 24, International Exchange (ICE) said on Friday. SONIA is a benchmark interest rate for short-term unsecured lending in the United Kingdom. The new record beats a previous peak of 1.147 million SONIA futures […]
Bitcoin supply in loss at 68% after BTC price drop from $31k local top
Bitcoin supply in loss has risen to 68%, with 6.67 million BTC under water water at current spot price. Indeed, on-chain data shows 2.71 million BTC has fallen into loss as Bitcoin price dropped from the $31k local top. With sell-side risk ratio approaching its all-time lows, Glassnode analyst James Check says BTC could see […]
From Bull Mania to Now: Tracing Decentraland’s (MANA) Crypto Journey
Crypto asset prices have been having a relatively calm day after dropping in value on Thursday. Despite all the red and green, prices have been range bound, especially for Bitcoin (BTC) and Ether (ETH), possibly due to competing narratives at work. Since about mid-May, BTC has been trading in the narrow range of $25,800 to […]
2016 Crypto Hack: Bitfinex Hid a Report that Flagged Security Flaws: OCCRP
Cryptocurrency exchange Bitfinex never made public a confidential report that found its security lapses responsible for over 119,000 bitcoins stolen from the platform in August 2016, the Organized Crime and Corruption Reporting Project (OCCRP) reported on Thursday. The stolen BTCs, worth about $3.2 billion in today’s market, were priced at $71 million at the time. […]
