Search Results for: BRIC
Cyprus Bar Association face price-fixing challenge following a formal legal complaint
October 27th, 2015
A formal legal complaint against the Cyprus Bar Association at the European Competition Commission is planned by an organisation that is challenging the price-fixing of lawyers’ fees in Cyprus for out-of-court cases. A NEW organisation calling itself ‘Fairness in ...
FCA has issued six warnings for unauthorised firms on the same day
October 23rd, 2015
The Financial Conduct Authority (FCA) of UK has issued six different warnings on the same day to inform investors and public for six different companies that FCA believes that they are providing financial services or products in the UK ...
US undercover agent jailed for six years for Silk Road Bitcoin theft
October 21st, 2015
A former undercover policeman has been sentenced to six and half years in prison for stealing $700,000 of the virtual currency bitcoin. Agent, Carl Force was part of the Drug Enforcement Administration (DEA) investigation into the black market website ...
Orc adds connectivity to Asian-based FEX Global
October 12th, 2015
Orc, the global market leader in electronic trading technology for listed derivatives, today announced an extension to its trading and electronic execution offering with market access to FEX Global Pty. Ltd. (FEX). This connectivity offering will enable exchange participants ...
GemCoin Investors Seek $100 Million in Class Action Lawsuit
October 9th, 2015
An $100m class action lawsuit has been filed on behalf of victims of an alleged Ponzi scheme involving the fake cryptocurrency ‘Gemcoin’ days after a US Securities and Exchange Commission (SEC) crackdown. The complaint, filed Monday by The Liu Law Group ...
Citi, HSBC Partner With R3CEV As Blockchain Project Adds 13 Banks
September 30th, 2015
Distributed ledger startup R3CEV has added 13 new banking partners, bringing the total number of banks involved in its activities to 22. In a release, R3 revealed Bank of America, BNY Mellon, Citi, Commerzbank, Deutsche Bank, HSBC, Mitsubishi UFJ ...
Oil prices fall as Asia’s leading economies slow further
September 10th, 2015
Oil prices fell on Thursday as weak Japanese and Chinese economic data fueled concerns that low levels of investment could further erode already slowing global growth. Japan’s core machinery orders fell 3.6 percent in July, official data showed, much ...
Barclays has two blockchain ‘labs’ in London and is planning 45 experiments with the technology
September 7th, 2015
Like pretty much every other major bank at the moment, Barclays is very interested in the potential of the blockchain, the technology that underpins bitcoin. The Sunday Times reported this week that Barclays is planning to let charities accept bitcoin later ...
History of Bitcoin: The journey of a virtual currency
September 3rd, 2015
The biggest thing to hit the global market since the invention of currency is the word “Bitcoin”. What started merely as an alternate electronic payment system soon became the seventh wonder of modern economy. But while most of us ...
Bitcoin: US federal agent investigating Silk Road admits $800,000 bitcoin theft
September 1st, 2015
Shaun Bridges, a former secret service member, pleads guilty to money laundering after another member of same task force admitted to similar crimes A former US secret service agent has pleaded guilty to stealing over $800,000 worth of bitcoin ...
