Recovery Vouchers on the Blockchain July 7, 2020 In Sunday’s City PM it was reported that Chancellor Rishi Sunak is considering plans to hand £500 to every adult and £250 to every child to spend with businesses that are most affected by COVID-19 lockdown. The initial proposals include making these payments available via vouchers, travel cards or mobile phone credits. How could the [...]
Are Blockchain Limitations Stifling Arbitrage Opportunities? July 7, 2020 Cryptocurrency exchanges have grown exponentially since 2017, catering to retail, institutional, and an ever-growing crowd of sophisticated calibre traders who have set up high-frequency algorithmic strategies. Notably, in the past few years, spot exchanges have taken markets by storm, adding leveraged derivatives to their suite of trading products. Derivative products have given traders an array [...]
Bitcoin addresses surge as volatility drops to 15-month low July 7, 2020 This week the price of Bitcoin (BTC) started trading around $9,150 and quickly moved up to $9,250. The cryptocurrency’s price then plummeted again making it clear its range narrowed down from $9,000 to $10,000 to its lower end. Ether (ETH), the second-largest cryptocurrency by market capitalization, started the week trading close to $224 but over [...]
Wirecard UK fallout lessens June 30, 2020 Readers will be very familiar with the €1.9bn Wirecard scandal that has rocked Germany, firmly placed a spotlight back onto the world of auditors and dangerously caused pause for thought for Fintech firms in the U.K. from a regulatory standpoint. As of this morning at 00.01 the FCA resumed Wirecard Solutions’ regulated activities which meant [...]
