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Forex Market News

FCA: Brits lose GBP 87 000 to binary options scams per day

Feb 02 2018 09:16:33 Jonathan Smith in Market

 Brits lose an average of GBP 87 000 a day to binary options scams, said UK’s financial services watchdog the Financial Conduct Authority (FCA) in its latest advisory. In the publication the FCA urges the public to be vigilant to the threat of online investment fraud. Read more

Facebook bans cryptocurrency, ICO, binary options ads

Jan 31 2018 08:04:08 Jonathan Smith in Market

Facebook is banning the ads of cryptocurrencies, including bitcoin, initial coin offerings (ICOs) and binary options across its network and partnering sites, said the company in a blog post. Read more

Coincheck execs don’t admit security flaws

Jan 29 2018 08:37:40 Jonathan Smith in Market

 The executives of the Japanese cryptocurrency exchange Coincheck, which became the latest victim of a security breach and theft of cryptocurrencies worth $530 million, refused to admit security flaws, reports CCN. Read more

OneCoin now owned by “poor boy” from Sofia – media

Jan 24 2018 14:01:54 Jonathan Smith in Market

The companies behind the OneCoin MLM ponzi scheme have been transferred to Kristian Manolov from one of the less affluent suburbs of Bulgaria’s capital Sofia, reports the local daily 24 Chasa. Read more

Keeping things private – New data protection and financial regulation protect investors

Jan 23 2018 14:57:45 Stanimir Zhelev in Market

We have all experienced a well targeted advert popping up on our social media after posting a comment on a subject. Read more

South Korea to forbid anonymous cryptocurrency trading, blanket ban averted

Jan 23 2018 12:12:42 Jonathan Smith in Market

 It looks like the South Korean government has abandoned its plans to impose a blanket ban on cryptocurrency trading in the country, but will nevertheless impose certain restrictions. Read more

Amid police crackdown, OneCoin denies money laundering, organized crime charges

Jan 23 2018 10:24:37 Jonathan Smith in Market

 OneCoin, the MLM cryptocurrency ponzi scheme, denied the charges of money laundering, organized criminal activities and fraud, under which the Bulgarian specialized prosecution and police conducted searches, questionings and confiscations last week. Read more

Bitconnect shuts down exchange, stops lending too

Jan 17 2018 15:11:14 Jonathan Smith in Market

 Bitconnect, a company offering cryptocurrency trading and lending, said it is shutting down its operations. Read more

As China plans another clampdown on crypto trading, Bitcoin falls below $10 000

Jan 17 2018 14:30:56 Jonathan Smith in Market

The Chinese government is planning another clampdown on trading in cryptocurrencies, according to reports of Bloomberg. Read more

South Korea still on the fence about cryptocurrency trading ban, rattles markets

Jan 12 2018 15:07:49 Jonathan Smith in Market

 The South Korean saga with the possible ban on cryptocurrency exchanges and trading in the second largest (by volume) market in the world continues and apparently the government is still on the fence on the matter. Read more

Kodak enters cryptocurrency world with ICO of KODAKCoin

Jan 10 2018 14:50:29 Jonathan Smith in Market

Kodak, still known for its sginificant contributions to photography and film, announced it is venturing into cryptocurrency territory with the launch of the cryptocurrency KODAKCoin and the image rights management platform KODAKOne, in partnership with WENN Digital. Read more

Italy’s CONSOB warns of The Bitcoin Code

Jan 08 2018 15:12:48 Jonathan Smith in Market

 Italy’s financial markets regulator CONSOB has issued a warning against The Bitcoin Code binary options trading robot.    According to the announcement, the activity carried out through the websites thebitcoinscode.com/it/, the-bitcoin-code.com, thebitcoincode. Read more

Japan’s DMM Group launches DMM Bitcoin exchange

Jan 05 2018 14:42:08 Jonathan Smith in Market

 Japan’s online entertainment and e-commerce giant DMM Group announced it is launching a cryptocurrency exchange called DMM Bitcoin on January 10 and is accepting clients from the following day. Read more

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