The Swiss major bank has acquired several advisory teams from Wall Street competitors in the US this year. Now, it is bringing in a veteran from the largest US bank. The US market is one of the most important growth markets for the Swiss bank UBS, as recently stated by CEO Sergio Ermotti. The financial […]
Two experienced executives from Credit Suisse have joined an American asset manager, Spectrum Asset Management. Isabel Faragalli has been appointed as the Managing Director of Investments, responsible for collaborating with and servicing existing European investors of Spectrum, as well as investors in Latin America and the Middle East. Ivo Mathias Buschor, on the other hand, […]
Crypto investors have been withdrawing their assets from the crypto exchange HTX (formerly known as Huobi) after a recent exploit that resulted in a loss of $30 million. Since the exchange resumed its services on November 25th, there has been a significant outflow of funds, totaling $258 million between November 25th and December 10th.According to […]
A prominent crypto lawyer, John Deaton, has made serious allegations against Senator Elizabeth Warren regarding her oversight responsibilities of the Securities and Exchange Commission (SEC). Deaton claims that Warren has overstepped her role by conspiring with SEC Chairman Gary Gensler, providing him with pre-arranged questions and suggested answers ahead of Congressional hearings. Deaton argues that […]
The U.S. Securities and Exchange Commission (SEC) has requested the court to consider newly unsealed documents in its lawsuit against cryptocurrency exchange Binance and its former CEO Changpeng Zhao (CZ). The SEC argues that the plea agreements made by Binance and CZ with other agencies support its case and should be taken into account. The […]
The death of Javier Biosca has brought attention to the dark side of the cryptocurrency world. Biosca, a controversial figure in the industry, tragically ended his life by jumping from a hotel in Estepona, Spain. His story is one of drastic ups and downs, from a failed hardware store owner to a notorious crypto scammer.This […]
A security breach has been detected in the Herencia Artifex NFT project, involving a movement of $50 million in HXA tokens. The tokens were transferred by the KyberSwap exploiter, who obtained them using the “transfer from” function from an Ethereum address. This function, commonly used by decentralized application (DApp) users, allows tokens to be transferred […]
A security breach has been detected in the Herencia Artifex NFT project, involving a movement of $50 million in HXA tokens. The tokens were transferred by the KyberSwap exploiter, who obtained them using the “transfer from” function from an Ethereum address. This function, commonly used by decentralized application (DApp) users, allows tokens to be transferred […]
The National Audit Office (NAO) has expressed concerns about the effectiveness of the Financial Conduct Authority (FCA) in regulating the cryptocurrency industry in the United Kingdom. According to a recent report titled ‘Financial services regulation: adapting to change,’ the NAO has criticized the FCA for being slow to respond and take action against illicit activities […]
The National Audit Office (NAO) has expressed concerns about the effectiveness of the Financial Conduct Authority (FCA) in regulating the cryptocurrency industry in the United Kingdom. According to a recent report titled ‘Financial services regulation: adapting to change,’ the NAO has criticized the FCA for being slow to respond and take action against illicit activities […]
