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Finance Magnates
XTB Tops Polish Brokerage Rankings after Adding Over 25,000 Accounts in April: Report
The Polish-listed brokerage firm XTB became the country’s largest brokerage by number of accounts, ending BM mBank's 15-year run at the top.
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Finance Magnates
Doers Reuniting at Reflect Festival 2025
Limassol will be full of startups seeking funding and scouting the next big opportunity.
events
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Finance Magnates
CySEC Withdraws BDSwiss’ B2B Unit Viverno Markets’ CIF License
The Cyprus Securities and Exchange Commission (CySEC) has withdrawn the investment firm license of Viverno Markets Ltd, the B2B unit of BDSwiss.
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Finance Magnates
Ethereum Price Surges 24%: Market Cap Nears $300 Billion, Second to Bitcoin
Ethereum, the second-largest cryptocurrency by market capitalization, has seen a sharp rise in price following strong market momentum.
ETH
Ethereum
crypto
cryptocurency
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Finance Magnates
New CFD Broker Versus Trade Launches with Unique ‘Asset-vs-Asset’ Product Offering
Versus Trade aims to deliver value to both individual traders and institutional partners.
cfds
Versus Trade
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Finance Magnates
SNB’s Price Stability Goal: A Return to Negative Interest Rates?
The effect of a rising Swiss franc on inflation is simple.
snb
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Finance Magnates
IG Group’s New Strategy to Attract Deposits: 8.5% Interest on Ideal Cash
IG Group (LON: IGG) is offering its new UK customers an interest rate on deposited cash of up to 8.5 per cent AER variable, which is double the Bank of England’s current 4.
IG Group
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Finance Magnates
eToro Uses AI-Powered Ads with Google’s Veo 2 as It Prepares $4B IPO Offering
eToro has partnered with Google to launch a new advertising campaign using generative AI, produced entirely with Veo 2, a video generation tool.
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Finance Magnates
Ripple Effect? Hidden Road Enters Middle East with “In-Principle” Abu Dhabi Licence
Hidden Road, the crypto prime broker acquired by Ripple last month, has cemented its presence in the Middle East by securing an in-principle approval from the Financial Services Regulatory Authorit...
Hidden Road
Ripple
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Finance Magnates
Why Is XRP Going Up? SEC Confirms Ripple Lawsuit End with a $50M Settlement
The long-running legal dispute between Ripple and the Securities and Exchange Commission (SEC) is finally over. The regulator confirmed yesterday (Thursday) that both parties have agreed to a settl...
Ripple
XRP
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Finance Magnates
Cyprus Diaspora Forum’25 Enters Day 3 as Panel Talks and Networking Continue
The Cyprus Diaspora Forum’25 is currently in its third day. The event officially opened on Thursday with a series of panel discussions, following a welcome reception on Wednesday evening.
Cyprus Diaspora Forum
cyprus
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Finance Magnates
Bill Gates Pulls Plug on Foundation — Throws Shade at Musk
In what will maybe prove to be his legacy, Bill Gates announces wind-down of his foundation and took aim at Elon Musk and DOGE along the way.
bill gates
Bill and Melinda Gates Foundation
philanthropy
elon musk
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Finance Magnates
Celsius Founder Mashinsky Sentenced to 12 Years for Crypto Fraud Scheme
Alex Mashinsky, the Celsius founder, was sentenced to 12 years in prison for a scheme that unraveled billions in investor funds and trust, Bloomberg reported.
Celsius Network
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Finance Magnates
TD Securities Integrates ISDA Create Platform to Digitize Legal Documentation
TD Securities integrated ISDA Create across its global legal and regulatory agreement operations. The move reflects a broader industry trend of replacing paper-heavy workflows with data-driven plat...
TD Securities
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Finance Magnates
FCA Names David Geale Executive Director for Payments and PSR Managing Director
The UK's Financial Conduct Authority appointed David Geale to take on dual responsibilities as the FCA's executive director for payments and digital finance, and managing director of the Payment Sy...
fca
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Finance Magnates
Space and Time Launches on Mainnet to Power a New Generation of Data-Driven Crypto Apps
Microsoft-backed Space and Time is the blockchain for ZK-proven data.
blockchain
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Finance Magnates
FMAS:25 - A Strategic Gateway to Africa’s Financial Future for B2B Professionals
FMAS:25 serves as a breeding ground for new partnerships and collaborations.
events
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Finance Magnates
Why Is Bitcoin Going Up? BTC Price Breaks the $100,000 Barrier Again
Bitcoin News: Bitcoin price is making headlines again, soaring to $100,000 for the first time since February 2025, with a current price hovering around $99,500.
bitcoin
BTC
Bitcoin (BTC)
Bitcoin news
Bitcoin Price
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Finance Magnates
REALTYon 2025 Expo Links Property Stakeholders in Two-Day Cyprus Event
REALTYon 2025 Expo, a two-day event, began on 8 May in Limassol. The event is organized by Ultimate Fintech, known for producing the iFX EXPO.
REALTYon
cyprus
investment
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Finance Magnates
How Canada Quietly Became a Leader in Central Bank Digital Currency Innovation
What makes Canada’s approach different isn’t its speed—but precision.
CBDC
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Finance Magnates
FCA Sees Progress in Smaller Firms; Are CFDs Coming Under the Radar of High-Risk Investments?
The UK Financial Conduct Authority (FCA ) has released the findings of its latest review of smaller asset management and alternatives firms.
The Financial Conduct Authority (FCA)
fca
retail
retail FX
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Finance Magnates
eToro Bets on Growth Ahead of IPO: Q1 Income Slips, but Reach Expands
After a strong 2024—where it posted $931 million in total commissions and $192 million in net profit—IPO-bound eToro now forecasts a lower Q1 net income between $56 million and $60 million compared...
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Finance Magnates
Spain CFD Trading Base Drops to 35,000 in Fourth Straight Annual Decline
Spain's leverage trading market has collapsed to a fraction of its 2021 peak, with the number of active FX/CFD traders falling another 10% to just 35,000 in the 12 months through February, accordin...
investment trends
Spain
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Finance Magnates
Former LSEG Director Jumps Ship to Join TraditionData's US Team
TraditionData, a provider of OTC financial market insights, announced today (Thursday) the appointment of Michael Suppa to its Account Management team in New York, along with several other key pers...
tradition
executive moves
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Finance Magnates
FX and CFDs Q2 FY25 Volumes Rise at Forex.com Owner StoneX, but Revenue Fails to Keep Up
StoneX, the parent company of Forex.com and City Index, generated $70.9 million in revenue from FX and contracts for difference (CFDs) trading during the January–March quarter.
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Finance Magnates
Robinhood Plans to Bridge Atlantic Gap with Securities Tokenization
Robinhood (NASDAQ: HOOD ) is working on a blockchain-based platform that would allow retail investors in Europe to trade US securities, according to people familiar with the matter.
robinhood
tokenization
europe
RWA
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Finance Magnates
Four-Day Cyprus Diaspora Forum’25 Begins in Nicosia
The Cyprus Diaspora Forum’25 formally begins today (Thursday) with a series of panel discussions, following a welcome event held yesterday evening.
Cyprus Diaspora Forum
cyprus
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Finance Magnates
Swiset Extends Market Reach With ATFX Trading Infrastructure Deal
Swiset has announced a new partnership with CFD retail broker ATFX aimed at improving trading experiences. The company helps retail brokers increase client retention and boost user engagement, and ...
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Finance Magnates
Coinbase Said New York Attorney General Asked SEC to Declare Ethereum a Security: Report
Coinbase released internal U.S. Securities and Exchange Commission communications showing that New York's top law enforcement office urged the agency to classify Ethereum ’s ether (ETH) as a securi...
coinbase
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Finance Magnates
Integral Is Bringing Banks' FX Data to the Blockchain in Partnership with Pyth Network
Pyth Network, a provider of decentralized data feeds, has partnered with Integral, an infrastructure provider for global currency markets, to enhance how data flows from institutional desks to open...
Pyth Network
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Finance Magnates
Revolut to Enable Bitcoin Lightning Payments in Europe in Collaboration with Lightspark
Revolut is collaborating with Lightspark to enable payments via the Bitcoin-based Lightning Network, a move that aims to streamline crypto transfers for users across the UK and select European coun...
revolut
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Finance Magnates
Bitcoin Eyes Breakout; Metaplanet Buys 555 BTC, Holdings Reach 5,555
Japan’s Metaplanet has increased its Bitcoin holdings with the purchase of 555 BTC. The Tokyo-listed firm disclosed the transaction on May 7.
bitcoin
crypto
cryptocurrency
BTC
Bitcoin (BTC)
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Finance Magnates
XM Celebrates 15 Years of Success with Year-Long Rewards
XM is set to roll out its promotions and releases in phases, so stay tuned!
XM
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Finance Magnates
BGC Group Revenue Jumps 15% on Record FX and Treasury Trading
BGC Group posted strong results for the first quarter, reportedly boosted by strong demand for foreign exchange and energy trading platforms.
BGC Group
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Finance Magnates
UF AWARDS Global 2025 Nomination Round Now Live
Global fintech and online trading brands need your support. Nominate now!
UF AWARDS
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Finance Magnates
Exclusive: You Want to Combat CFD Client Churn and Boost Deposits by 40%? Check Out This Tool
Financial technology firm CPattern has revealed performance data showing its "Guardian Angel" tool significantly increases trading activity and deposits among online traders, potentially offering F...
cpattern
churn
deposit
forex deposits
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Finance Magnates
CMC Markets Takes Over StrikeX to Gain “Direct Control”
CMC Markets (LON: CMCX), known for its contracts for differences (CFDs) offering, has increased its stake in the blockchain company StrikeX Technologies from 33 per cent to a majority 51 per cent.
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Finance Magnates
FD Technologies in £541 Million Deal Talks with TA Associates Involving Cash and Shares
FD Technologies plc has confirmed it is in advanced discussions with TA Associates Management, L.P. regarding a possible acquisition of the company.
fd technologies
institutional
Acquisition
News Discussion Forum
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Finance Magnates
Gold Prices Surge Amidst Global Trade Uncertainties
Expect the current gold rally to continue in the short term.
gold
News Discussion Forum
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Finance Magnates
How High Can Bitcoin Go? Unchained Forecasts $250K BTC Price in 2025 and $1M by 2030
Bitcoin expert Joe Burnett forecasts a $250,000 Bitcoin price in 2025 and $1 million by 2030. Discover the key factors driving Bitcoin's potential massive price increase.
bitcoin
Bitcoin news
Bitcoin Price
prediction
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