Search Results for: MoU
“Time to Sell” Pound Sterling v Dollar and Euro say BofAML Exchange Rate Strategists
July 26th, 2017
It’s “time to sell GBP” says Athanasios Vamvakidis, a foreign exchange strategist with Bank of America Merrill Lynch Global Research in a note to clients released ahead of the new week. The call by Vamvakidis comes as momentum against ...
Investigators found by accident a hacker claiming he pocketed millions of dollars in Bitcoins
July 24th, 2017
Pennsylvania police, hunting for stolen laptops, say they stumbled on $40 million bitcoin scam Law enforcement in Bucks County, Pa. likely didn’t think they were dealing with a dark Web criminal pro when Theodore Price’s name first popped on ...
Exxon sues U.S. over $2 million Russian sanctions fine
July 21st, 2017
The U.S. Treasury Department on Thursday imposed a $2 million fine on Exxon Mobil Corp. for what it called a “reckless disregard” of U.S. sanctions on Russia while Secretary of State Rex Tillerson was the oil giant’s chief executive, ...
Cryptocurrency market a ‘ticking time-bomb,’ says ethereum co-founder
July 20th, 2017
Initial coin offerings (ICOs), or a means of crowd funding for blockchain technology companies have caught too much attention, according to the co-founder of the ethereum network Charles Hoskinson who says it’s time for things to cool down in ...
The logic of a modern gold standard
July 14th, 2017
The logic of a modern gold standard In last week’s Insight, I analysed the current geopolitical situation and concluded that it was now in the interest of the Shanghai Cooperation Organisation to break from the US dollar completely, ...
Swiss bank becomes first to offer bitcoin to its richest clients
July 14th, 2017
A Swiss bank is now offering to buy bitcoins for its clients. As of Wednesday, investors can ask their asset manager at Falcon Private Bank, a boutique investment firm headquartered in Zurich, to purchase and store bitcoin on their ...
Global energy investment fell the second consecutive year
July 14th, 2017
Global energy investment fell for a second year in 2016 as oil and gas spending continues to drop Global energy investment fell by 12% in 2016, the second consecutive year of decline, as increased spending on energy efficiency and ...
Cryptocurrencies Down 23% for July. Is This the Bottom?
July 13th, 2017
The great digital currency bull run of 2017 came to a screeching halt in early June. Shortly after hitting all-time highs—bitcoin broke $3,000 and Ethereum nudged $400—the party ended, and cryptocurrencies of all stripes plunged. Now, almost two weeks ...
Dutch Authority for the Financial Markets fined a company for market manipulation
July 12th, 2017
The Dutch Authority for the Financial Markets (AFM) has imposed an administrative fine of € 10,000 on the Spanish company Lexon Capital S.L. (Lexon). The fine was imposed because Lexon manipulated the prices of four equity funds that are ...
John McAfee settles Intel legal action over name
July 11th, 2017
John McAfee, known for the anti-virus software bearing his surname, has settled legal action with technology giant Intel over the commercial use of his name. The chip-maker had warned Mr McAfee against renaming his current company – MGT Capital ...
