Finance

Francisco Sánchez-Matamoros, a former Senior Sales Manager at Polish retail broker X-Trade Brokers’ (XTB) office in Madrid, has joined Admiral Markets Group as the Country Manager in Spain. Sánchez-Matamoros announced his appointment as leader of Admiral Markets Group’s country office in Spain, on Linkedin. “I am happy to start a new project as Country Manager …

XTB’s Sánchez-Matamoros Joins Admiral Markets as Spain’s Country Manager Read More »

TRON TVL spiked in July due to renewed investor interest in decentralized finance (DeFi).  TRON has been among the most patronized decentralized finance smart contracts in the last two years. According to Be[In]Crypto research, the blockchain increased by 49% in TVL in July. On July 1, TVL was $3.95 billion and soared to $5.91 billion …

TRON (TRX) TVL Rose More Than $1.9 Billion in July Read More »

DeBridge Finance co-founder Alex Smirnov claims the team was the subject of an attempted cyberattack yesterday by the North Korean hacking group. Key Takeaways DeBridge Finance fended off a cyberattack yesterday, according to co-founder Alex Smirnov. The modus operandi suggests the entity behind the attempted attack may be North Korean hacking syndicate Lazarus Group. Lazarus …

DeBridge Team Foils Possible Lazarus Group Cyberattack Read More »

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. This past week, the DeFi ecosystem saw two exploits, one after another, resulting in the loss of millions of dollars. First, cross-bridge token platform Nomad became a victim of …

Finance Redefined: Solana and Nomad bridge fall prey to exploits losing millions Read More »

The GBP/USD prepares to finish the week with hefty losses of 0.78%. US labor data poured cold water on recession fears ahead of next week’s CPI. BoE’s Pill: The bank will reach its inflation target, but it “will take some time.” The GBP/USD tanks reached a fresh weekly low at 1.2002 as a reaction to …

GBP/USD dives below 1.2100 after stellar US NFP, US inflation eyed Read More »

US dollar holds onto important daily gains after NFP. Employment reports boost US dollar and yields. EUR/USD heads for a modest weekly loss. The EUR/USD bottomed on Friday at 1.0140 and then rebounded. The recovery of the euro was not strong enough to regain 1.0200. Near the end of the week, the pair looks vulnerable, on …

EUR/USD fails to recover 1.0200, looks vulnerable as dollar remains firm Read More »

The USD/CHF is snapping two consecutive weeks of losses, gaining 1.37%. From the daily chart perspective, the major is headed upwards and will test resistance around 0.9669-75. If USD/CHF buyers conquer 0.9642-50, a move towards 0.9703 is on the cards. The USD/CHF is surging during the North American session after hitting a daily low early …

USD/CHF Price Analysis: Soars post US NFP, reclaims 0.9600 Read More »

The Canadian employment reports showed an unexpected negative change in July. Analysts at CIBC point out that while the figures muddied the waters further for policymakers, the Bank of Canada will likely focus on the historic low unemployment rate and still strong wage growth to justify another non-standard rate hike at its next meeting.  Key …

Canada: BoC still likely to raise rates aggressively after employment numbers Read More »

Insider’s Banker of the Week series appears in our weekday newsletter, 10 Things on Wall Street. This week we’re highlighting Jenny Lee, who just left her position as a managing director on JPMorgan’s leveraged-finance desk to build a private-credit business for Brigade. Lee’s decision comes as cashed-up direct lenders take market share from Wall Street …

Jenny Lee left JPMorgan’s table-topping leveraged-finance desk for a gig with Brigade Capital Management. The dealmaking veteran is taking the plunge into private credit as the market shifts. Read More »