Based on the documents filed with the Australian Federal Court on Monday, 17 June 2024, the OAIC alleges the breach occurred via the employee of one of the company's contractors. This IT service desk operator reportedly saved login details to an external browser and the hackers gained access via this portal when the device was…
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Based on PR Newswire information, users can use more than 20 fiat currencies to purchase crypto assets. The platform indicated it would charge no fees for these transactions between 17 June 2024 and 1 July 2024. The company stated that users can simply choose Apple Pay at checkout after selecting their cryptocurrency and fiat payment…
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Enhancing Client Experience PriceOn will empower ATFX to manage trading flows more effectively and efficiently, ensuring clients benefit from superior execution and competitive pricing. The advanced technology underpinning PriceOn, which leverages artificial intelligence and sophisticated algorithms, is designed to handle complex client flows seamlessly. This capability will enable institutional clients flows to match with a…
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The Singapore-based cryptocurrency platform and Kwon defrauded clients for years through crypto asset securities, resulting in huge losses when the business failed. The SEC lodged its case against Terraform and Kwon in February 2023. The financial watchdog said the trial, which took place in April 2024, unveiled how Terraform and its CEO deceived victims through…
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Analysts believe India’s developing economy presents an ideal investment climate. The country’s overall economy is on track to grow by approximately 7.6% in the present financial year. According to CNBC, Krishnamurthy Subramanian, executive director of the IMF, described India’s economic landscape as “easily” the fastest-growing economy worldwide. The media outlet reported that Kevin T Carter,…
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CNN reported that the Russian Central Bank (RCB) and the MOEX published statements to this effect on Wednesday 12 June 2024, a bank holiday in Russia. These were released a mere hour after Washington announced the fresh sanctions. Based on CNN’s report, these penalties aim to hinder the “flow of money and goods” into Russia…
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In its 13 June 2024 press release, DXTrade said that Sage Capital Management uses “market relationships and significant trading volumes” towards priority trade executions and optimal pricing. Based on this media statement, a regulated custodian holds funds to eliminate exchange risk and ensures “fast onboarding via a UK FCA-regulated entity”. Don’t miss out the latest…
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Joonko, a New York City artificial intelligence (AI) startup, operated an AI-driven job board to promote diverse and inclusive employee hires. Based on a June 2023 New York Post report, Raz resigned after an internal company investigation found that she had “engaged in egregious, unethical and fraudulent conduct, which caused harm to the company and…
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According to Riot, this move by Bitfarms is “shareholder unfriendly” and spotlights the crypto miner’s gaps in corporate management. The conflict started when Riot, which is also a cryptocurrency miner, made a $950m unsolicited bid for Bitfarms in April 2024. Bitfarms rejected this offer, stating that it did not reflect the organisation’s true market value,…
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During morning trade, RPI shares were up 31%, establishing a good starting point for the company as it wishes to raise £166m with its debut. Open trade is set for Friday 14 June 2024. The firm, which makes small, single-board computers, initially priced its shares at 280p each, giving it a market value of £541.6m.…
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