Tagged: trading

June 29, 2023 @ 11:22 am By Omar Faridi  |  

Mastercard (NYSE: MA) announced the launch of the Multi Token Network (MTN), a set of core capabilities designed to make transactions within the blockchain and digital asset ecosystems secure, scalable and interoperable – enabling payment applications and trade more efficiently. A new solution for the… Read More

June 28, 2023 @ 9:37 am By Omar Faridi  |  

Stock trading app provider Robinhood (NASDAQ:HOOD) has reportedly laid off another 7% of its workforce, around 150 workers. This, according to a recent update from the WSJ. With trading volumes declining considerably over the past year, the Fintech company made the cuts in order to… Read More

June 26, 2023 @ 12:56 pm By Omar Faridi  |  

Bitcoin (BTC) has rallied considerably during the past 30 days, but not for reasons that most people would think. The flagship cryptocurrency has surged over 12% since the start of this month. This past Wednesday, the BTC price surpassed $30,000 to notably reach its highest… Read More

June 26, 2023 @ 7:12 am By Omar Faridi  |  

Cleareye.ai, Inc., which claims to be the provider of a “category-leading” digital trade finance solution ClearTrade, for digital automation of trade compliance and operations, today announced it has secured a strategic investment from J.P. Morgan. The ClearTrade Platform, “built to revolutionize trade finance, is a… Read More

June 21, 2023 @ 8:04 am By Omar Faridi  |  

Gemini is pleased to announce their expansion plans in APAC as Gemini’s leadership team recently visited the region on their global odyssey “to propel the promise of crypto.” Over the next 12 months, they plan “to increase their headcount to 100+ in Singapore.” Gemini’s APAC… Read More

June 20, 2023 @ 9:19 am By Omar Faridi  |  

Digital asset firm CoinSwitch is getting ready to introduce a stock trading platform, so that it can meaningfully compete in a market which includes Groww and Upstox, among other service providers in India. According to an update shared by the ET, CoinSwitch intends to submit… Read More

June 19, 2023 @ 6:59 pm By Omar Faridi  |  

Synthetix is pleased to announce the addition of Lido Finances’ stETH as the latest asset for leverage trading on Synthetix Perps. This new perpetual futures market “has been approved by SIP 2021 and had parameters set in SCCP 2015.” Synthetix Perps claims it is “the… Read More

June 17, 2023 @ 4:03 pm By Omar Faridi  |  

Bybit, which claims to be the world’s “third-most visited” cryptocurrency exchange, is pleased to announce the release of its latest tool, ToolsGPT. This innovative platform “combines ChatGPT’s machine learning technology with Bybit’s robust market data, [enhancing] the way traders make informed and profitable decisions.” ToolsGPT… Read More

June 15, 2023 @ 6:28 pm By Omar Faridi  |  

Horizen, a layer-0 public blockchain, and Auros, a global algorithmic trading and market making firm, have entered a strategic partnership that will increase widespread access to $ZEN in preparation for the launch of the EON ecosystem, Horizen’s new EVM-compatible smart contracting platform. The partnership is… Read More

June 12, 2023 @ 4:36 pm By Omar Faridi  |  

DeFi has been suffering from a silent problem for years: a liquidity management gap. The lack of these services has caused a range of issues. It leads to increased price volatility, making executing trades at fair prices challenging and resulting in potential losses for traders…. Read More

June 12, 2023 @ 4:25 pm By Omar Faridi  |  

BTSE, a digital asset exchange, has integrated with Talos, the provider of institutional trading technology for digital assets. Talos‘s platform connects institutional investors “to the entire digital assets ecosystem.” BTSE will reportedly join Talos’s provider network of “over 40 liquidity venues that includes top-tier exchanges,… Read More

June 7, 2023 @ 7:44 pm By Omar Faridi  |  

OKX, which claims to be the world’s second largest cryptocurrency exchange by trading volume (behind Binance) and a “leading” Web3 technology company, and regulated digital asset custody service provider Komainu, announced that OKX has “joined collateral management platform Komainu Connect, enabling institutional customers to conduct… Read More

June 7, 2023 @ 5:10 pm By Omar Faridi  |  

Kraken, which claims to be one of the world’s “longest standing” and most “trusted” crypto platforms, announced the appointment of Vishnu Patankar as Chief Technology Officer (CTO). Patankar reportedly “brings over twenty years of technology expertise to Kraken and helped Fortune 500 companies like Microsoft,… Read More

June 4, 2023 @ 7:58 pm By Omar Faridi  |  

Tether, the company operating the blockchain-enabled platform tether.to that powers the first and most “widely used” stablecoin, has reportedly “surpassed its previous all-time market cap high of $83.2B set in May 2022.” Paolo Ardoino, CTO of Tether, stated: “Today’s numbers demonstrate that people want access… Read More

June 3, 2023 @ 9:14 pm By Omar Faridi  |  

TS Imagine, the global, cross-asset provider of trading, portfolio, and risk management solutions for financial institutions, is pleased to announce the appointments of Stephanie Cheung and An Hoong to its team in the Asia Pacific (APAC) region. Both bring relevant experience “from previous roles at… Read More

June 3, 2023 @ 10:27 am By Omar Faridi  |  

HAYVN, a digital asset focused financial institution delivering Payments, Trading, Custody, Asset Management and Research services, has obtained a Virtual Asset Service Provider (VASP) license from the Lithuanian Financial Crime Investigation Service (FNTT). This regulatory approval “complements HAYVN‘s existing regulatory framework in the UAE, the… Read More

June 1, 2023 @ 3:41 pm By Omar Faridi  |  

Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, and J.P. Morgan Asset Management announced a strategic partnership that will “integrate Clearwater with the MORGAN MONEY global trading platform, allowing permissioned users to easily navigate between both systems.”… Read More

June 1, 2023 @ 1:17 pm By Omar Faridi  |  

Traderpal is described as a simple and easy-to-use app designed to democratize access to financial markets for Spanish-speaking individuals. With Traderpal, users can “invest in thousands of US stocks, and ETFs and start building a diversified investment portfolio to help them achieve their financial goals.”… Read More

June 1, 2023 @ 9:00 am By Omar Faridi  |  

Binance, which claims to be the world’s largest cryptocurrency exchange in terms of overall trading volume and scope of operations, recently revealed that it may be reassessing its workforce following numerous other industry-wide reports of layoffs and an extended bear market. On Wednesday (May 31,… Read More

May 31, 2023 @ 10:59 am By Omar Faridi  |  

ZA Bank, Hong Kong’s virtual bank, unveiled its plan to introduce virtual asset trading services for retail investors. With this move, ZA Bank is set “to support the Hong Kong SAR government’s vision to develop a vibrant sector and ecosystem for virtual assets.” ZA Bank’s… Read More