Bitcoin breaks through $18k as crypto recovery continues January 12, 2023 The price of Bitcoin broke through the key $18,000 level, trading at $18,180 this morning as Ethereum kissed $1,399.
Swede dreams! Binance lands its seventh regulatory approval in the EU January 11, 2023 Binance has been granted registration as a financial institution for management and trading in virtual currency by the Swedish FSA.
Fintech expert Wooller joins Coincover as Business Unit Director January 11, 2023 Prominent fintech expert Katherine Wooller has been appointed as Business Unit Director at Cardiff-based Coincover.
Is ESG facing an existential crisis? What could be next for sustainable investing… January 11, 2023 It’s been a rough year for ESG – Russian oil companies qualify as sufficiently environmentally and socially responsible to receive ESG funds. Sam Bank-Friedman’s bankrupted FTX crypto enterprise has a higher ESG score on ‘leadership and governance’ than Exxon/Mobil. In light of the discovery of controversial ESG fund allocation, it is vital ESG undergoes a significant [...]
To ESG or not to ESG, why bother? January 11, 2023 There’s no denying the bombshell declaration of $9.5bn of “socially conscious funds” from ESG investments being tied up in Russian oil companies has come as a predictable shock. Or when ESG ratings company Truvalue Labs gave Sam Bank-Friedman’s FTX crypto enterprise a higher score on ‘leadership and governance’ than Exxon/Mobil. Being neither environmentally nor socially responsible, [...]
Bitcoin continues to gain ground as crypto markets look to establish stability January 11, 2023 The price of Bitcoin is up by 1% over 24 hours at $17,440 this morning while Ethereum is changing hands for $1,335 - a modest rise of 0.49%.
FTX: Now UK investors are caught up in collapse of crypto trading platform January 11, 2023 Thirteen investors caught up in the collapse of cryptocurrency trading platform FTX have made fraud reports to UK police. FTX filed for bankruptcy on November 11 after it was alleged that then-chief executive Sam Bankman-Fried, 30, had illegally diverted massive sums of customer money from the company to a second firm that he owned, Alameda [...]
Matrixport now using Chainalysis to enhance compliance standards January 10, 2023 Digital asset eco-system Matrixport today began using Chainalysis’ blockchain data platform as part of its efforts to enhance compliance.
Coinbase to layoff 20 per cent of staff as crypto market declines January 10, 2023 Coinbase Global Inc COIN.O said on Tuesday it will reduce its workforce by about 20 per cent, or 950 employees.
Dechert hires ‘high stakes’ litigator to fight journalist’s ‘hack-and-smear’ lawsuit January 10, 2023 US law firm Dechert has hired “high-stakes” litigator Kaplan, Hecker & Fink to defend it from being sued by a former Wall Street Journal reporter, over claims it hired hackers to tarnish his reputation and push him out of a job. Dechert is being sued by the WSJ’s former chief foreign correspondent, Jay Solomon, over [...]