FTMO completes acquisition of OandaDecember is here, yet the pipeline of broker and fintech news remains full. FTMO, a global player in modern prop trading, completed its acquisition of OANDA Global Corporation, a major online trading group. The deal followed a purchase agreement signed earlier this
Jo Benton, the former ADSS executive, is moving to Marex as Group Head of Brand and Channels. Benton previously served as chief marketing officer at ADSS for almost four years before leaving the broker earlier this year.Seasoned Industry Expert In a post announcing the move, Benton said she took se
US federal prosecutors have asked a judge to sentence Terraform Labs co-founder Do Kwon to 12 years in prison. The request was filed today (Thursday) in the US District Court for the Southern District of New York. The sentencing hearing is scheduled for next week.Kwon has asked the court to consider
Netflix, Inc. entered an agreement to acquire Warner Bros., including its film and television studios as well as HBO and HBO Max. The cash-and-stock transaction values WBD at $27.75 per share, implying an equity value of about $72.0 billion and an enterprise value of roughly $82.7 billion.According
Trading and investing platform eToro has rolled out its stock lending programme in the UK, allowing eligible users to earn passive income by lending out fully paid stocks. The programme follows earlier rollouts in Europe and the UAE and forms part of eToro’s plan to expand stock lending access to re
Cloudflare began scheduled maintenance at its ORD data center in Chicago today (Friday) at 07:00 UTC. The work remained in progress at the time of publication.Cloudflare also announced a separate maintenance window at its DTW data center in Detroit. The company said it “will be performing scheduled
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, showcases the latest monthly performance update of its Private Wealth Management (PWM) division, with the top-performing fund recording 29.72% APR in November 2025. With wild swings across markets in the past month, Bybit P
London-listed shares of Trustpilot, the ratings of which are often advertised by brokers and prop trading firms, have fallen about 30 per cent after short seller Grizzly Research alleged that the review platform is running a “mafia-style extortion” campaign to pressure businesses into buying subscri
The head of XTB, one of Europe's fastest-growing retail trading platforms, laid out an unusually candid competitive vision during a recent panel discussion at Invest Cuffs Warsaw, declaring his company's intention to become "Europe's Robinhood" while simultaneously predicting the American brokerage
Meta is weighing significant budget reductions for its metaverse division while funneling resources into AI and smart wearables.The Metaverse Still Alive, The Money Hose is NotMeta spent years selling the metaverse as the next chapter of the internet. It rebranded the entire company around it and p
The European authorities have taken down a cryptocurrency fraud and money laundering network that is believed to have laundered over 700 million euros. Multiple European agencies collaborated in the two-phase operation, which led to the arrest of nine individuals.Taking Down a Vast Fraud NetworkAcco
When most people at his age were chasing early career milestones, Wei Sheng was fighting to climb out of a USD 100,000 (RM400,000) debt — a debt that almost broke him, but ultimately became the foundation of his purpose.“My story began with a fall,” Wei Sheng recalls. “But I refused to let it define
The Australian financial market regulator has issued an interim stop order against the operator of contracts for difference (CFD) broker FXCM for offering the risky instruments to “investors with a medium risk appetite.” The lapse has been seen as a breach of the target market determination under th
Binance has named co-founder Yi He as co-chief executive, creating a dual leadership with Richard Teng, the regulator-turned-CEO. The appointment shows that Binance is changing how it distributes authority at the top. Richard Teng, a former regulator who became CEO in 2023, represents the company’s
CNBC entered into a partnership with prediction-market operator Kalshi to integrate its event-odds data across the network’s television, digital and subscription products starting next year. The deal comes days after a similar collaboration between Kalshi and CNN, highlighting how major news outlets
Acting CFTC Chairman Caroline D. Pham announced that listed spot cryptocurrency products will begin trading for the first time on CFTC-registered futures exchanges, marking a major shift in how Americans can access leveraged crypto exposure. The move aligns with President Donald Trump’s pledge to us
FTMO, a global proprietary trading firm, has officially declared that it is now available to traders in India. It shared the announcement on social media platform X today (Thursday).Young Indians Show Growing Trading InterestSeveral prop trading firms, including FundingPips, The5ers, FundedNext, and
Revolut Business has opened a waitlist for a new corporate card set to launch in the UK early next year. The Visa-powered product targets companies with international operations by combining spend management tools with travel, data and subscription benefits.Product Launch and PricingAccording to the
Kraken has expanded its services in Colombia with the activation of local payment rails. The move allows clients to deposit Colombian pesos directly using domestic payment methods. Deposits are automatically converted to US dollars at transparent exchange rates, removing the need for international w
The founders of prop-trading heavyweight The5ers have entered the contract-for-difference (CFD) brokerage space with a new brand, TSG., which is regulated in Cyprus, FinanceMagnates.com has learned exclusively.“This expansion of services represents a strategic evolution in our services,” Gil Ben Hur