FCA urges Big Tech to crack down on fraud amid rise in unauthorised firms February 8, 2024 The Financial Conduct Authority (FCA) has launched a fresh call for social media firms to do more to prevent mass fraud on their platforms, City A.M. can reveal.
‘About a third’ of Facebook Marketplace listings could be scams, MPs told February 7, 2024 A director at TSB Bank has warned a group of top MPs that Facebook Marketplace and cryptocurrency investment are major breeding grounds for scams amid calls for Big Tech to take more responsibility for a wave of fraud on social media.
Bitcoin trial: Self-proclaimed Bitcoin inventor claim is a “brazen lie” says lawyer February 5, 2024 The claims of a man who purports to be the creator of the first ever cryptocurrency are based on “a brazen lie”, a senior lawyer told the High Court today. Australian computer scientist Dr Craig Wright has long claimed to be behind the pseudonym Satoshi Nakamoto, the name used by the person authored the Bitcoin [...]
George Osborne joins Coinbase as crypto giant plots global expansion January 31, 2024 Former Chancellor George Osborne has joined Coinbase’s global advisory council, the firm announced today, as the multibillion-dollar cryptocurrency exchange eyes up international expansion.
Buy Natwest shares – not just crypto, City minister tells young investors January 26, 2024 Younger retail investors should back the British stock market and buy shares in Natwest rather than just pumping cash into cryptocurrency, the City minister has told City A.M.’s new Bonds & Ballots podcast.
Victoria Scholar: Women and youngsters the biggest winners amongst retail traders January 26, 2024 Victoria Scholar on the winners and losers amongst traders, Premier Foods' mince pie success, and much more
Bitcoin on trial in London: ‘Inventor’ offers settlement weeks before court battle January 25, 2024 The self-proclaimed inventor of Bitcoin has issued a settlement offer to all parties ahead of an upcoming London High Court case that will decide on the creator of the first ever cryptocurrency. Australian computer scientist Dr Craig Wright has long claimed to be behind the pseudonym Satoshi Nakamoto, the name used by the person who [...]
The Notebook: Davos is a three-star ski resort – but it’s a worthwhile jamboree January 17, 2024 Neil Bennett is a former City journalist and now global co-chief executive of H/Advisors, a strategic comms advisory firm. He writes for City A.M. fortnightly – this week, from Davos DAVOS gets a bad rap. Every year as World Economic Forum’s conference kicks off in that maddeningly remote, three-star ski resort, there is no shortage [...]
Who created Bitcoin? A UK court trial is set to decide January 15, 2024 The self-proclaimed inventor of Bitcoin is set to appear at the High Court today as a trial gets underway to decide if he really is the creator of the first-ever cryptocurrency.
Moving markets: Five things shaping the FTSE 100 today January 11, 2024 Asian markets follow Wall Street higher, with Japan's Nikkei surpassing 35,000, oil prices climbing, and the SEC approving the first spot Bitcoin ETFs, all while keeping a close eye on pivotal factors such as inflation and earnings.