Lloyds takes new £550m charge for PPI mis-selling scandal

Lloyds Banking Group has taken a further charge of £550m relating to the PPI scandal as the clock ticks down to the deadline for claims. The lender said it had been “surprised” by a “significant increase in information request volumes” during the second quarter of the year – up to 200,000 per week on average. The Financial Conduct Authority’s (FCA’s) […]

Read more

HSBC takes the crypto-leap; educates customers on Bitcoin, cryptocurrency and blockchain technology

Last year, India’s central bank, the Reserve Bank of India, had released a circular prohibiting banks from providing services to both individuals and business involved in trading or holding cryptocurrencies. The RBI was not the only central bank in the world to have a hostile attitude towards the digital gold. Earlier last year, Qatar Central Bank also released a statement, […]

Read more

Bitcoin [BTC] breaches $9000 mark on Coinbase; takes another step towards $10000

Following the recent surge past the $8500 mark, Bitcoin [BTC], the largest cryptocurrency by market cap, has smashed through yet another milestone for the year. The digital gold has finally marched beyond the $9000 mark on Coinbase, taking another step closer to $10,000. The cryptocurrency achieved this milestone within 45 minutes. According to CoinMarketCap, at press time, the cryptocurrency’s aggregated […]

Read more

Ethereum [ETH]’s Vitalik Buterin and Tron [TRX]’s Justin Sun’s Twitter war takes an interesting turn

Vitalik Buterin, the creator of Ethereum, the third largest cryptocurrency in the space, has rebutted to the recent statement made by Justin Sun, the CEO and Founder of Tron Foundation. Last week, Justin Sun had shown his “gratitude” to Vitalik Buterin on Twitter for speaking about the use-case of BitTorrent. Along with this, Sun added that there is a Valentines […]

Read more
1 2 3