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Cryptocurrencies should only be traded by professional investors, says: Russian Finance Minister
MOSCOW: Russian Finance Minister Anton Siluanov said on Monday that cryptocurrencies should be traded only by professional investors, not in the mainstream.
“Professional market participants...
Asian stock markets rise, as British pound hits three-week lows
SYDNEY: Asian shares inched up on Monday, tracking Wall Street, which hit record highs on expectations U.S. lawmakers will pass a long-awaited tax bill,...
Asian stock markets mixed, amidst overnight gains on Wall Street
BEIJING: Asian stocks were mixed Wednesday following overnight gains on Wall Street as investors looked ahead to a likely U.S. interest rate hike.
KEEPING SCORE:...
Asian stocks up, buoyed by encouraging US employment data
TOKYO: Share prices were higher in Asia on Monday, lifted by encouraging employment data from the U.S. that took the Standard & Poor’s 500...
Hackers steal $64mn from cryptocurrency firm NiceHash
LJUBLJANA: A Slovenian cryptocurrency mining marketplace, NiceHash, which lost about $ 64 million worth of bitcoin in a hack on its payment system on...
Venezuela launches oil pegged cryptocurrency “petro”
CARACAS: Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S.-led financial sanctions, announcing on Sunday the launch of the...
EU raised majority of funds via initial-coin offerings: Report
LONDON: Nearly half of the cash that has poured into newly issued cryptocurrencies in recent years has been raised in Europe, research published on...
Asian shares reach decade high due to expectations of brisk global growth
Tokyo: Asian stocks edged to a 10-year high on Friday thanks to expectations of brisk global growth, although investors held off chasing shares higher...
Onecoin: Cryptocurrency for the gullible
Our society seems to be fascinated with credulity and self-delusion. I first noticed this back in 2013, when “Engineer” Agha Waqar came up with...
Nasdaq partners with SEB to test blockhain for mutual funds
New York: Exchange group Nasdaq Inc and Nordic financial services group SEB have teamed up to test a blockchain-based mutual fund trading platform for...
Global stocks stutter in wake of North Korea’s nuclear test
Tokyo: Asian shares were on the defensive on worries about North Korea but expectations that Beijing will maintain support for its economy ahead of...
Why was the darknet website Alphabay taken down?
New York: AlphaBay, the now-shuttered online marketplace that authorities say traded in illegal drugs, firearms and counterfeit goods, wasn't all that different from any other e-commerce...
Governments and companies assess impact of global cyber-attack
Paris: Companies and governments around the world on Wednesday counted the cost of a software epidemic that has disrupted ports, hospitals and banks.
Logistics firm...
Major cyberattack cripples banks and corporations globally
Paris: A new and highly virulent outbreak of data-scrambling software — apparently sown in Ukraine — caused disruption across the world Tuesday. Following a similar...
TerraBiz, PricewaterhouseCoopers organise DigiBAP ’17
On Wednesday, April 12, more than 250 professionals from banking, telecom and fintech sector attended Digital Banking and Mobile Payments (DigiBAP) Summit 2017. The...