Is there a more distressing moment for content website executives than realizing they are under attack from a Distributed Denial of Service (DDoS) onslaught? Screens abruptly turn blank, analytics experience unnatural spikes, and the leadership is thrust into crisis management mode. Last month, one of the most well-known FX market websites, FXStreet, found itself caught […]
Category: STO News
Robinhood Reports 8% Decline in Users and 43% Drop in Crypto Trading Volumes in May 2023
Robinhood Markets (Nasdaq: HOOD) witnessed another month of slow demand. The number of funded accounts stayed flat in May, while the active users base fell month over month (MoM) from 11.5 to 10.6 million. However, volumes, excluding digital assets, recorded an increase of nearly 30% on a monthly basis. Robinhood Reports Lower Engagement and Mixed […]
Voting for the UF AWARDS APAC 2023 Is in Full Swing. Cast Your Vote!
Already a tradition in the financial industry, the UF AWARDS have set the benchmark for excellence. Crowning the merits of some of the most industrious B2B and B2C market players around the world, the awards confer nominees trustworthiness and validation. Establishing a unique brand identity in an ultra-competitive marketplace such as fintech and online trading […]
CMC Markets’ FY23 Net Income Follows Guidance, Profit Drops 43%
CMC Markets (LON: CMCX) published its financials for the fiscal year of 2023 (FY 2023), ending on March 31, reporting a net income of £288.4 million, in line with the company’s guidance for the year. The figure came in 2 percent higher year-over-year. However, the profits went down significantly. CMC Markets Posts FY23 Results The […]
Highly Anticipated Chancer Crypto Presale Officially Launches Today
London, United Kingdom, June 13th, 2023, Chainwire Chancer, one of the most exciting new Web3 projects of 2023 has officially launched its crypto presale today, 13th June. The project aims to disrupt the betting industry by removing the ‘house’ from the picture and putting the markets firmly back in the hands of the bettors, allowing […]
GCEX and Hex Trust Bolster Partnership to Broaden Staking Services
GCEX, a digital prime brokerage, has expanded its partnership with Hex Trust, an institutional custodian for cryptocurrencies. The announcement follows the companies’ initial venture into staking services in April 2023. Now, their relationship includes an expansion in staking services, offering a broader portfolio of assets to brokers, hedge funds, professional traders and fund managers. Hex […]
Sygnum Inches Closure to Get Singapore’s Payment Institution License
The Singapore subsidiary of Sygnum, a digital asset bank, has become the latest to obtain in-principal approval for a Major Payment Institution Licence (MPIL) from the Monetary Authority of Singapore (MAS). Sygnum Gains In-Principal Singapore License The in-principal license was awarded to Sygnum Singapore, thus putting it closer to becoming a regulated crypto brokerage service. […]
The Change Dilemma: When is it Time to Upgrade from your Current Liquidity Bridge?
This article was written by Ivan Egorov, Global Head of Sales at Tools for Brokers The success of modern brokerages consists of many elements, yet there is nothing that has such a direct impact on whether the brokerage will grow or not as the technology they choose. To maintain powerful performance and meet clients’ demands, […]
Top 10 VPNs for Crypto Trading (June 2023)
Taking cue from the global rise in digital currencies, crypto traders have become a group that heavily relies upon extensive online security measures. While this may be necessary in order to cut down on potential cyber threats and to maintain the privacy of their trading activities, it means that traders have been forced to resort […]
Altcoins Lost $35B in Market Cap After SEC’s Coinbase Lawsuit
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Despite the frequency of the SEC’s complaints against centralized crypto exchanges and platforms, last week’s lawsuits against Coinbase and Binance.US took a hefty toll on the crypto market. This was foreshadowed by the watchdog […]
