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Ethereum, explained: why Bitcoin’s stranger cousin is now worth $1 billion

May 25th, 2016 (0)
Bitcoin has struggled to live up to the hype that surrounded its emergence into the mainstream three years ago. Despite more than a billion dollars of venture capital funding, Bitcoin startups have failed to develop applications that appeal to mainstream customers. ...

Google’s French headquarters raided in tax probe

May 25th, 2016 (0)
French police have raided Google’s Paris offices as part of an investigation into “aggravated tax fraud” and money laundering. The raid is the latest regulatory headache for the US search engine and email company, which like other Silicon Valley ...

The Endgame

May 18th, 2016 (0)
And how we got here There is a growing fear in financial and monetary circles that there is something deeply wrong with the global economy. Publicly, officials and practitioners alike have become confused by policy failures, and privately, occasionally ...

Even gold is not as secure as un-hackable Bitcoin currency – Bitcoin Foundation CEO

May 17th, 2016 (0)
The Bitcoin system is said to be reaching its capacity limits – spelling a possible disaster for thousands of those who decided to invest in the world’s top cryptocurrency. One of the leading programists from the company quits it, ...

Asian Stocks Slip Before Fed, BOJ as Yen Rises; Ringgit Slides

April 26th, 2016 (0)
Copper drops as oil resumes gains; U.S. Treasuries advance Malaysia’s currency slumps as state fund misses bond payment Asian equities fell for a third day and copper dropped to a one-week low as investors shunned riskier assets ahead of ...

How corporate tax avoidance is hurting America and the rest of the world

April 15th, 2016 (0)
Tax-haven abuse by multinationals is exacerbating the global wealth gap and putting an excessive burden on developing countries, according to a damning new report from the nonprofit Oxfam. Coming just a week after the release of what have come ...

Why Latin American economies are turning to bitcoin

March 17th, 2016 (0)
The economic prospects for Latin America in 2016 are grim. With political instability in some of the region’s largest economies, as well as a general slump in prices in oil and other commodities, businesses and consumers are facing a depression and, in the ...

Amazon’s Italy Chief Says Company Under Probe for Tax Evasion

March 16th, 2016 (0)
Amazon.com Inc. is under investigation in Italy for alleged tax evasion, Francois Nuyts, Amazon’s chief for Italy and Spain, said in an interview Tuesday. The Seattle-based online retailer is cooperating with the probe, Nuyts said. “Amazon pays all applicable ...

Ex-JPMorgan Broker Gets Five Years for Gambling Funds Away

March 9th, 2016 (0)
Oppenheim once had 500 clients, managed almost $90 million Broker racked up losses betting on NFL games, online sports A former JPMorgan Chase & Co. broker who said he stole millions of dollars from customers because his brain was ...

Plus500 reports Preliminary Unaudited Results for 2015

February 17th, 2016 (0)
Preliminary Unaudited Results for the year ended 31 December 2015 Plus500, a leading international online trading platform provider for retail customers to trade CFDs, announces its preliminary unaudited results for the year ended 31 December 2015. Financial Highlights: Strong revenue growth due to ...
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