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Crypto Slump Bites India's Top Exchange As CoinDCX Slashes Workforce By 12%
Tuesday, August 22, 2023 - 9:42am | 313India-based cryptocurrency exchange CoinDCX has announced a 12% reduction in its workforce due to a decline in virtual currency trading revenues. “Startups and businesses globally are going through challenging times due to tough macro conditions, more so in crypto because of the prolonged...
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Hillary Clinton Takes Aim At The Financial Sector
Friday, October 9, 2015 - 7:11am | 320This week, Presidential hopeful Hillary Clinton announced she was planning to release a proposal to reform the financial sector by taxing high-frequency traders. Clinton's decision to make Wall Street reform a priority comes as her biggest competition, Bernie Sanders, has been gaining...
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Defending The Indefensible: Flash Trading Helped Save the Stock Market
Tuesday, April 1, 2014 - 4:01pm | 1077In his latest book, Flash Boys, Michael Lewis contends the stock market is "rigged" in favor of institutional investors who buy and sell securities rapidly with computer programs, booking loads of tiny profits. This is at the expense of the individual investor, Lewis claims. Actually, it is the...