Search Results for: currencies
Singapore warns of potential risks of virtual currency-related investment schemes
August 10th, 2017
The Commercial Affairs Department (CAD) and the Monetary Authority of Singapore (MAS) have observed the emergence of initial coin (or token) offerings (ICOs), and other investment schemes involving digital tokens, in Singapore. Members of the public are advised to ...
Bitcoin sets fresh record above $3,500; ether trades higher
August 9th, 2017
Bitcoin traded higher on Tuesday, carving out a fresh record above $3,500 and reaching a market value approaching $60 billion at its best levels. A single bitcoin BTCUSD, -1.78% most recently was trading at $3,477.93, up 0.5%, touching an ...
WannaCry: hackers withdraw £108,000 of bitcoin ransom
August 7th, 2017
Digital wallets linked to ransomware attack that crippled NHS hospitals are cleaned out, as law enforcement tries to track owners More than £108,000 in bitcoin paid by victims of the WannaCry ransomware attack, which crippled parts of the NHS ...
US Dollar Weakens While Commodities Rise in July
August 7th, 2017
The month of July was dominated by US dollar weakness, geopolitical tensions, the European revival and a strong commodity price rebound The month of July was dominated by five key themes; US dollar weakness, geopolitical tensions, the European revival, ...
What the bitcoin cash is and is it worth anything?
August 3rd, 2017
Early yesterday morning bitcoin’s blockchain forked — meaning a separate cryptocurrency was created called bitcoin cash. The way a fork works is instead of creating a totally new cryptocurrency (and blockchain) starting at block 0, a fork just creates ...
Asian stocks fell after surging to the highest level in almost 10 years
August 3rd, 2017
Asian stocks fell after surging to the highest level in almost 10 years, with investors assessing the strength of company earnings before American labor-market data provides the latest clues on the health of global growth. South Korean shares dropped ...
Global law firm reveals FY17 results; Record global revenues
August 2nd, 2017
Global law firm Baker McKenzie has issued today a press release to announce revenues for the fiscal year ended 30 June 2017 (FY17). Below is the announcement a it was published: Baker McKenzie, the leading global law firm, has announced ...
Dollar extends modest bounce from 15-month lows
August 2nd, 2017
The dollar extended its modest bounce from 15-month lows on Wednesday, benefiting from a pause in selling of the battered currency as investors begin positioning for key events this week, notably Friday’s U.S. employment report. The dollar index against ...
Bitcoin Cash a pivotal moment for Bitcoin
August 1st, 2017
A new digital currency is about to be created as the bitcoin blockchain is forced to split in two Members of the bitcoin community unhappy with its direction are forcing the blockchain to split. This will create a new, ...
Yen rose while Australian dollar fell; Key events coming this week
July 31st, 2017
Asian raw-material producers advanced after a surge in commodity prices bolstered optimism the global economy can gather momentum. Oil extended last week’s strongest rally this year. BHP Billiton Ltd., Rio Tinto Ltd. and Nippon Steel & Sumitomo Metal Corp. ...
