News

Bill in Germany Calls for Allowing Banks to Store Cryptocurrency From 2020

By Brian Stanley November 29, 2019

A new bill proposed in the German Parliament has provisions to allow customers to store their Bitcoin other cryptocurrencies in German banks from 2020. The bill will allow banks to treat cryptocurrency, just like any other traditional asset. Also, banks will enable transactions in cryptocurrency on their online banking platforms. The adoption of cryptocurrency has […]Continue Reading

News

Hackers Target Docker Systems With Exposed API Endpoints for Mining Monero

By Brian Stanley November 28, 2019

Cybersecurity firm Bad Packets LLC has found a group of hackers is actively scanning the internet for Docker accounts with exposed application programming interface endpoints (API) and use them for mining of the cryptocurrency Monero. The hacker group is currently scanning more than 59,000 IP networks for API vulnerability. Monero is a privacy coin, which […]Continue Reading

Trading News

Tron (TRX) Improves by 16% After Touching the Monthly-Low

By Brian Stanley November 27, 2019

Tron price descends by 8% on a week-long run The improvement in the coin might stay this time The bearish run in Tron seems to end their course. The coin is likely to move in a direction where traders could mark profit. The improvement in the TRX coin is quite impressive. The investment in Tron […]Continue Reading

News

CFA’s UK Branch Launch ESG Qualification for Investment Professionals in December

By Brian Stanley November 22, 2019

In a bid to boost knowledge in social, environmental, and governance in the investment sector, the UK branch of renowned CFA institute has decided to launch a new qualification program in environmental, social, and corporate governance popularly known as ESG Investing. With the launch of this new qualification program, it will become the first qualification […]Continue Reading

Company News

Pirelli Unveils Cyber Tyre That Uses 5G to Warn About Bad Road Conditions

By Brian Stanley November 19, 2019

Pirelli has unveiled a smart tire called the Cyber Tyre, which can communicate with a 5G network, and pass on real-time information about the road conditions to both the car driver as well as the network. The car driver can take remedial action as per the data received. The 5G network will pass on the […]Continue Reading

Trading News

Canada’s GTC Announces New Trade Finance Exchange (TFX) Platform

By Brian Stanley November 13, 2019

Canadian software developer and application service provider Global Trade Corporation (GTC) announced today that it is in the process of developing the Trade Finance Exchange (TFX) Platform to simplify trade. As everyone knows, global trade can be made far more efficient if the basic functions are performed more speedily, and that is what the platform […]Continue Reading

Company News

Indian Banks to Be Saved by Amazon and Flipkart

By Brian Stanley October 10, 2019

It is a well-known fact that banks in India are in trouble but it seems that they could be saved by e-commerce behemoths like Amazon and Walmart-owned Flipkart. The credit has dried up from banks all across the country and in such a situation; it is hard for any bank to survive for long. At […]Continue Reading

Company News

Fintech Investments on Standard Chartered Innovation Fund’s Agenda

By Brian Stanley June 13, 2019

One of the most important developments over the past half a decade or so has been the breakneck speed at which financial technology or Fintech has developed into one of the world’s most important industries. The scope of the industry is immense, and now many of the world’s biggest banks are taking notice of the […]Continue Reading

Stocks

Uber IPO Fails, SoftBank Value Falls

By Brian Stanley May 14, 2019

Uber which changed the way urban transportation was done is troubled by Wall Street. The first day of the Uber IPO trading on the NYSE began with a fall of 7.6% from its Initial Public Offering price of $45. By the end of the day on Friday, the market capitalization of the company was a […]Continue Reading

Opinion & Analysis

Japan’s Manufacturing Output In March at Its Lowest Since 2016

By Brian Stanley April 1, 2019

The manufacturing activity in Japan fell to its sharpest and lowest growth since 2016 as demand for the products fell both abroad and locally. As per the Purchasing Managers’ Index, PMI it was a little better than February but was still below the 50 point level which distinguishes from expansion and contraction. What is PMI? […]Continue Reading