Finalto launches ODP liquidity solution in South Africa

Trading software and liquidity services provider Finalto has gone live with its Over-the-counter Derivative Product (ODP) Liquidity Solution in South Africa in early 2023. As one of the few financial institutions in South Africa to…

PayPal ends protection for certain crypto transactions

PayPal has announced changes to its terms of service that alter the protections provided for non-fungible token (NFT) transactions. Effective May 20, the payment giant will no longer cover NFT purchases under its buyer protection…

Plus500 sees modest growth in Q1 2024 revenues

Israeli-based, but London-stock market listed Plus500 Ltd (LON:PLUS) today reported a 4% increase in revenue for the first quarter of 2024, with figures rising from $207.9 million in Q1 2023 to $215.6 million. This increase…

FTSE 100 Technical Analysis Report 16 April, 2024

FTSE 100 index can be expected to fall further toward the next support level 7760.00, former strong resistance from last year, acting as the support after it was broken this January. – FTSE 100 reversed…

Cyprus keeps FTX EU license suspended until September

The Cyprus Securities and Exchange Commission (CySEC) has extended the suspension of FTX.com’s CIF license, which allowed the insolvent platform to operate throughout Europe, until September 30, 2024. According to a regulatory circular, FTX EU…

Umoja Partners with Merlin Chain to Launch Revolutionary…

Umoja, an innovative smart money protocol, has embarked on a strategic partnership with Merlin Chain, a leading Bitcoin Layer-2 network, to introduce USDb, the first Bitcoin-based, high-yield synthetic dollar. This collaboration harnesses the strengths of…