Finance

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Volumes in digital asset investment products remained very low and generated US$901 million last week, the lowest since October 2020. This is according to the new digital asset fund flows reports from CoinShares, as shared with Finance Magnates. According to CoinShares, digital asset investment products saw minor outflows last week totalling US$27 million. Two weeks …

Crypto Investment Products Volume Hits ‘Lowest Since October 2020’ Read More »

Multi-asset retail broker, Eurotrader, has hired Martin Couper, a former executive at forex group Exinity, as its Head of Global Compliance. Finance Magnates reported that forex industry veteran Marcelo Spina, who left ThinkMarkets in January last year to launch Operar FX, joined Eurotrader last week as new Group CEO. Couper’s LinkedIn profile shows that he …

Eurotrader Onboards Exinity’s Martin Couper as Head of Global Compliance Read More »

Ouinex, the cryptocurrency exchange launched by FX industry veteran Ilies Larbi, informed Finance Magnates that it is aiming to secure €1 million in its pre-initial coin officer (pre-ICO) funding round . There will be two subsequent ICO rounds expected for Q1 2023 launch. With that, the company will seek a further €15 million. It has …

Exclusive: Ilies Larbi’s Crypto Exchange Ouinex Seeks €1M in Pre-ICO Round Read More »

After the digital finance revolution, the golden days of traditional gambling are fading in front of online gambling platforms. Digital and modern architectures are now incorporating digital currencies and new-edge aesthetics into casino games to transform how people engage in the most definitive source of entertainment. The vast list of gambling platforms offering cryptocurrency-based transaction …

CryptoGames Brings Crypto Gambling to All Devices Read More »

DeFi is simply an acronym for Decentralized Finance, offering financial services and tech without the need to go through a middleman of intermediaries. It brings total privacy and ownership to users. Middleman such as brokerages, banks, and exchanges are kept out in this system using smart contracts on the blockchain. According to data from CoinMarketCap, …

Top 5 DeFi Tokens Within the $1 Price Range to Watch in August 2022 Read More »

Healthcare construction remains strong despite surging costs, with spending in the sector near all-time highs, according to a recent Federal Reserve Bank of St. Louis healthcare construction report. Examples abound:  St. Louis Veterans Administration Health is planning a $1 billion renovation at John Cochran Veterans Hospital in St. Louis.  The University of California, San Francisco …

Healthcare construction spending surges despite soaring expenses Read More »

Dive Brief: A slew of issues have delayed construction on the $10 billion Sound Transit expansion project, which will eventually extend light rail service from Seattle to western Washington state.  The problems include a monthslong local concrete workers strike, pandemic-related delays, a collapsed embankment and issues with track supports that the contractors, a Kiewit-Hoffman joint …

Seattle-area light rail extensions delayed by myriad problems Read More »