FTX initially approached crypto exchange OKX before Binance agreed to a possible acquisition

FTX CEO Sam Bankman-Fried approached cryptocurrency exchange OKX for a deal on Monday morning, and on Tuesday he announced Binance had signed a non-binding agreement to acquire FTX in the face of an apparent liquidity crunch, an OKX spokesperson said.

After Binance was indicted by the US authorities, a large amount of cryptocurrencies flowed out of the exchange

After the U.S. Commodity Futures Trading Commission (CFTC) sued Binance for alleged violations of rules related to trading and derivatives, a large amount of cryptocurrencies flowed out of the exchange. And some observers noted "massive volatility on

FCA warning: Stay away from Stacks Investments!

The FCA warns that Stacks Investments offers financial services or products in the UK without our authorisation and if you suffer a loss of funds, you will not be able to use the Financial Ombudsman service or be protected by the Financial Services Compen

FCAs latest warning - Wealth Nets Finance Ops are not regulated!

The FCA believes the firm may be offering financial services or products in the UK without its authorisation. Investors should be wary of dealing with this unauthorized company and how to protect themselves. The relevant company information announced is a

Violation of compliance! Crypto exchange Binance and its CEO Changpeng Zhao have been indicted by US authorities

The CFTC said it had filed a civil enforcement complaint in a federal court in Chicago accusing Zhao and the three entities that operate Binance platforms of multiple violations of the Commodity Exchange Act and CFTC regulations. The complaint also accuse

Continue the upward trend! Overall institutional currency trading volume increased in February 2023

Trading volumes for February 2023 on major global institutional platforms have been announced, showing an overall upward trend. The report covers the average daily volume (ADV) of institutional currency trading volumes across six major venues, namely Cboe

A Malay woman was cheated of RM37,000 by accidentally clicking on a Telegram link

Sibu Malaysia police reported that a 30-year-old woman lost RM37,217 in a forex investment scam after clicking on a Telegram link. It is learnt that the victim made seven transactions in five different bank accounts from March 8 to 20 to earn points and 1

MT4/5 was removed by Apple is just a false alarm a peer carnival will end lonely

Recently, there was a powerful news in the foreign exchange gold futures circle, the world\'s popular trading platform MetaTrader 4 (MT4) and MetaTrader 5 (MT5) were removed from the Apple App Store on September 23. Users can no longer download the iOS ve

Cartesian Corporate Finance Limited Australian financial services licence suspended

The Australian Securities and Investments Commission (ASIC) today announced that it has suspended the Australian Financial Services (AFS) licence of Cartesian Corporate Finance Limited (Cartesian) until 25 August 2023. The Australian regulator explained t

Egyptian police have arrested 29 people in connection with the Hoggpool platform that defrauded 800,000 people

Recently, Egyptian police arrested 29 people in connection with the Hoggpool cryptocurrency scam. In addition to the 95 mobile phones and 3,367 SIM cards seized, $194,000 worth of currency was also seized in the arrests. According to a lawyer representing

Italy CONSOB has banned five more illegal financial websites, bringing the total to 855.

CONSOB, Italy\\\'s financial watchdog, blacklisted five more websites yesterday for providing unauthorised financial services. So far, the total number of illegal websites blocked has reached 855. CONSOB, Italy\\\'s financial watchdog, blacklisted five mo

CySEC has revoked the Investor Compensation Fund membership of three investment firms

The Cyprus Securities and Exchange Commission (CySEC) announced yesterday that it has revoked the membership of the Investor Compensation Fund (ICF) for three members in accordance with paragraph 6 of its Directive DI87-07 on the operation of the Investor

March 36 brokers customer account profit and loss data released! The highest loss rate was 88.98%

Blackwell Global ranks first with 56.67% of customer account profitability. FXOpen followed suit, with an account earning 40 percent. Other brokers in the top five for account profitability are Swissquote (38%), Darwinex (36%) and City Credit Capital (35.

The local Credit Suisse business in Hong Kong and Singapore is still operating normally, free from the interference of bank acquisitions

After UBS announced its acquisition of Credit Suisse, regulators in Singapore and Hong Kong issued separate statements on Sunday (March 19), saying that Credit Suisse\'s business in both countries was not disrupted and continued to operate normally. Credi

Investors dumped Credit Suisse shares and bonds after UBS bought the bank

Credit Suisse shares fell nearly 62 percent to about 0.61 Swiss francs ($0.6578) in pre-market trading in Switzerland, while the value of its Additional Tier 1 (AT1) bonds - a contingent convertible bond considered the riskiest type of debt a bank can use