FCA bans sales of crypto-derivatives to retail consumers October 6, 2020 The Financial Conduct Authority has announced rules banning the sale of derivatives related to certain types of crypto-assets to retail consumers. The ban will affect the sale, marketing and distribution of any derivatives – including contracts for difference, options and futures – as well as exchange traded notes that relate to unregulated cryptoassets. Read more: [...]
Crypto AM shines its Spotlight on Portraits of a Mind – the world’s largest blockchain art project October 6, 2020 In just 24 hours time, BLOCK 21 from Portraits of a Mind will make history as the first artwork and NFT of our culture to be sold at Christie’s New York. Just eleven years on from its inception, Satoshi’s codebase currently hangs alongside masterpieces by Picasso, Cezanne, Rothko, Jackson Pollock and Warhol. It is a [...]
5 terrible ways for to apply Blockchain Technology in IoT and Cybersecurity October 6, 2020 Last week, my friend and colleague Monty Munford wrote as to how crypto would never take off until cybersecurity improves. And whilst I agree with the premise – It is going to take a whole lot more than ‘enhanced cybersecurity’ for crypto to become mainstream. When people write about cybersecurity and blockchain, they are usually [...]
BitMEX owners charged for ‘illegally operating’ crypto exchange as DeFi keeps rising October 6, 2020 This week CryptoCompare data shows the price of Bitcoin (BTC) moved steadily up from around $10,200 to an $11,000 high, but did not break through and ended up correcting back down to $10,500. It has since moved back up to $10,650. Ether (ETH), the second-largest cryptocurrency by market capitalisation, started the week around $360 and [...]
Bitcoin banking app Mode lists on LSE’s main market October 5, 2020 Bitcoin banking app Mode has started trading on the London Stock Exchange, in the latest sign that life is starting to return to the capital’s IPO market. The UK fintech today listed on the LSE’s main market, raising £7.5m by way of a placing of 15m new ordinary shares. It is considerably more than the [...]
Crypto AM shines its Spotlight on UCROWDME October 5, 2020 Fusing together $25 billion dollar industries within the innovation and consumer insights space could well be what global consumers and businesses really need and demand, says Greg Griffiths identifying what our team sees as ‘a huge gap in the market that impacts global progression’. It was back in early 2014 that the raw concept for [...]
Spotting the right opportunity, at the right time October 1, 2020 For an active trader, volatility always represents opportunity. As the most traded commodity in the world, this is especially the case for traders in the oil markets. Oil has traditionally been viewed as a relatively safe bet. While there are countless examples of a stock price dropping greater than 50 per cent in an instant [...]