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Arnab Shome

Spectrum Markets’ Q3 2022 Turnover Jumps 136%

Spectrum Markets, a pan-European derivatives trading venue owned by IG Group, reported a turnover of €836 million for the third quarter, which is a yearly increase of 136 percent. Take...

Cypriot Consortium Closes SEPAGA Acquisition

The acquisition of SEPAGA, a Cypriot electronic payments company, by the consortium of Galatariotis Financial Holdings Limited, Panagiotis Ioannou, and Giorgos Petrakidis has been completed. Take Advantage of the Biggest...

Nuri (Previously Bitwala) Is Closing Down

Berlin-based Nuri (previously Bitwala) is shutting down its business as the digital bank failed to raise funds or find an acquirer. It cited the “tough economical & political environment of the past months”...

Celsius Network Reportedly Faces US Federal Investigation

A bankrupt crypto lender, Celsius Network is now facing a federal investigation in the United States due to its alleged operational irregularities, according to a report by Bloomberg on Wednesday. ...

Interactive Brokers’ Q3 Revenue Strengthens by 70%

Interactive Brokers Group (Nasdaq: IBKR) reported net revenue of $790 million for the three months, between July ad September, an increase of 70 percent year-over-year. The adjusted figure increased to $847 million from...

CySEC Chair Warns against Crypto Investment Risks, Endorses MiCA

The rising popularity of cryptocurrencies and the associated risks with such investments have alarmed the Cyprus Securities and Exchange Commission (CySEC). The Cypriot regulator’s Chair, Dr George Theocharides, warned crypto investors on Tuesday...

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