A crypto prime brokerage based in Hong Kong, Cyberx launched the first cross-exchange portfolio margin service in the world on Wednesday for derivatives and spots trading. Prime brokerage for crypto remains a…
Category: News
European Stocks Decline as Virus Cases Spike and German Consumer Morale Weakens
On Thursday, European stocks declined to their lowest level in over a month, as a decline in German consumer morale, an impasse in the U.S. stimulus talks and surging coronavirus cases in…
Stimulus Bets Bolster Wall Street Shares
On Tuesday, shares on Wall Street climbed due to growing optimism that talks were progressing amongst U.S. lawmakers about a U.S stimulus package that would cushion the economic shock caused by the…
Mercy Corps Receives a $10 Million Donation from Ripple (XRP) During the Annual Swell Conference
Ripple just announced that they will be donating $10 million to the Mercy Corps during the Swell Conference. While making the announcement, Ripple (XRP) added that their contribution towards Mercy Corps is…
Trade-Related Asian Currencies Strengthen after China Data
On Monday, the trade-exposed Asian currencies held firm, as data highlighted that the economic rebound in China from the pandemic had accelerated in the third quarter. This prompted the Yuan to surge…
NYDFS Seeking Answer from Crypto Firms after Twitter Hack
Back in July, there was a high-profile Twitter attack in which some hackers managed to gain access to accounts of some prominent individuals and the cryptocurrency industry is still trying to come…
Mt. Gox’s Rehabilitation Deadline Extended by Judge
Even though the hack happened five years ago, investors of Mt. Gox are still reeling from it. There were a lot of people who believed that restitution and reorganizing could help the…
Markets on Edge as U.S. Stimulus Hopes meet Pandemic Resurgence
On Friday, financial markets remained a bit shaky as hopes for a new fiscal stimulus package in the U.S. met fears that the economic recovery would be undermined by the social restrictions…
Stocks Go Lower Due to Brexit Stalemate and Resurgent COVID-19
On Thursday, global shares fell as restrictions were tightened by governments across Europe for battling an increasing second wave of coronavirus infections, slowing down the process of economic recovery. In early trading,…
Sterling Bounces on Hope of Brexit Talks
On Wednesday, Sterling rose from the day’s low after a source close to the UK-EU Brexit talks revealed that even though a trade deal is difficult, it is still possible. The source…