Category: Exchanges

Crypto Exchange CEO’s Daughter and Grandson Narrowly Escape Kidnap Attempt by Armed Gang in France: Report

boss

Armed assailants have reportedly attempted to kidnap the daughter and grandson of a crypto exchange executive in France. The news television network France 24 reports that four masked men attacked a couple and their child in broad daylight in Paris on Tuesday. Video footage shows that three of the perpetrators jumped out of a white delivery van to force the woman and her child into the vehicle. They also beat the woman’s partner, who tried to intervene. But the woman, the daughter of France-based crypto exchange platform Paymium CEO and…

European Exchanges Push to Curb IPO Flight to U.S Over Risks and Costs: Report

boss

As more European companies eye Wall Street for their debut listings, exchanges on the continent are mounting a counteroffensive. With IPO volumes already depressed, operators like Deutsche Boerse and Euronext are pressing to change the narrative that New York guarantees better value for newly public firms, Reuters reported. Citing a document circulated among German firms and IPO advisers, Deutsche Boerse cautions against the hype surrounding U.S. listings. It warns of weak post-IPO performance, steeper legal costs, and greater litigation risks tied to U.S. markets. Hype Surrounding US Listing The exchange…

Masked Men Target Cryptocurrency Heiress in Brazen Paris Abduction Bid

boss

The daughter of a prominent cryptocurrency executive narrowly escaped an attempted kidnapping by masked assailants in central Paris on Tuesday morning, with police linking the incident to organized crime. Paris Anti-Gang Unit Probes Daylight Abduction Attempt Linked to Crypto Industry The 34-year-old woman, whose father leads a major cryptocurrency exchange, was targeted around 8:20 a.m. […] Source

Interactive Brokers Adds ETF Tracking Dividend-Paying Stocks on Hong Kong Stock Exchange

boss

Interactive Brokers has added a Hong Kong-focused dividend ETF to its no-transaction-fee lineup. According to the company, the move deepens the firm’s global reach and provides cost-conscious access to a pool of high-dividend stocks in one of Asia’s financial hubs. “Our no-transaction-fee ETF program is a testament to our commitment to providing low-cost trading,” commented Steve Sanders, EVP of Marketing and Product Development, at Interactive Brokers. “Adding the HK Dividend ETF gives investors another flexible tool to expand their global exposure.” Targeting Dividend-Paying Hong Kong Stocks The newly listed Ping…

Tether Gold enters Thailand with listing on Maxbit exchange

boss

Tether, the issuer of the world’s largest stablecoin, USDt, is rolling out its tokenized gold token in Thailand with a listing on the local cryptocurrency exchange Maxbit. In a May 13 announcement, Tether said its gold-backed digital asset, Tether Gold (XAU₮), has been listed on Thai exchange Maxbit. According to an X announcement by Maxbit, the platform is the first platform in Thailand to offer a “tokenized gold pair backed by physical gold.” Launched in January 2020, Tether Gold is a gold-backed digital asset with a market cap of $802…

Hantec Markets Launches 24/7 Cryptocurrency CFD Trading as Bitcoin Tops $100K

boss

Hantec Markets has introduced around-the-clock trading for crypto contracts for difference (CFDs), allowing clients to access digital asset markets 24/7, the multi-asset brokerage announced today (Tuesday) Hantec Markets Rolls Out 24/7 Crypto CFD Trading The service, which became operational earlier this month, has already generated increased trading activity, indicating strong client interest in continuous market access, according to the company. The launch comes as cryptocurrency markets experience heightened volatility, with Bitcoin recently surpassing $100,000 following a difficult April trading period. Market movements have been influenced by macroeconomic data releases, including…

Investor Kidnapped, Driven to Remote Desert and Robbed of $4,000,000 in Cryptocurrency by Teenagers: Report

boss

Three teenagers are being accused of kidnapping a wealthy investor and then stealing $4 million in digital assets after driving him to a desert outside of Las Vegas. Court records show that Belal Ashraf and Austin Fletcher, both 16, are now facing charges of robbery, kidnapping and extortion, while a third yet-named accomplice remains at large, reports local CBS-affiliate 8 News Now. A juvenile court judge previously ruled that Ashraf and Fletcher, both from Florida, will face charges as adults. Prosecutors say the third teenager is no longer in the…

24 Exchange Introduces FX Swaps for Institutional Traders in Collaboration With Standard Chartered

boss

Maximising Broker Growth with B2CORE’s IB Module Maximising Broker Growth with B2CORE’s IB Module Maximising Broker Growth with B2CORE’s IB Module Maximising Broker Growth with B2CORE’s IB Module Maximising Broker Growth with B2CORE’s IB Module Maximising Broker Growth with B2CORE’s IB Module In this webinar recording, Morgan Williams, Product Director at B2Core, delivers a comprehensive overview of how B2Core’s IB module empowers brokers to build and scale their Introducing Broker (IB) programs. Discover how B2Core streamlines IB management, from efficient trader onboarding and automated commission tracking to providing IBs with…

FTX EU creditors can now withdraw money from Backpack exchange

boss

Crypto exchange Backpack announced that customers of the defunct crypto exchange FTX EU can begin reclaiming their funds through its service. According to a May 12 X post, Backpack now allows FTX EU users who selected it as the redistribution platform to claim their euro balance. Users must first complete Know Your Customer (KYC) verification on the exchange before they can withdraw funds. Backpack’s support page also explains that the KYC details on the platform must match the ones provided to FTX EU: “If they do not, you will need…