EUR/USD 1.14859
0.096%
Gold 4376.53
0.805%
Oil 95.469
-1.085%
USD/JPY 156.726
0.486%
GBP/USD 1.33935
0.269%
GBP/JPY 209.919
0.759%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On September 19th, the Beijing Municipal Administration for Market Regulation announced that, based on the work deployment of the State Administration for Market Regulation and preliminary investigations, it has initiated investigations into four online hotel and travel booking platform companies for suspected illegal activities. Fliggy issued a statement saying that it attaches great importance to this matter and will actively cooperate with the Beijing Municipal Administration for Market Regulations investigations to fully implement regulatory requirements. Fliggy has always respected and maintained a fair, open, and orderly market environment and will continue to work with all parties in the industry to promote high-quality development of the industry.September 19th - A mudslide occurred near the Shijiagou Tunnel in Zhiliuhe Village, Gesala Township, Yanbian County, Panzhihua City, Sichuan Province in the early hours of the 19th. According to relevant departments, preliminary statistics indicate that five people are currently missing.On September 19th, it was reported that the Beijing Municipal Administration for Market Regulation, based on the work deployment of the State Administration for Market Regulation and preliminary investigations, has initiated investigations into four online hotel and travel booking platforms for suspected illegal activities. In response, Meituan issued a statement saying that its online hotel booking platform, Meituan Travel, and others received notification from the Beijing Municipal Administration for Market Regulation that the authorities are investigating these companies for suspected violations of market supervision laws and regulations. Meituan Travel will actively cooperate with the regulatory authorities investigation, fully implement regulatory requirements, and work with all parties in the industry to build a sustainable market environment.September 19th - From the evening of September 18th to the early morning of September 19th, the Saudi Civil Defense issued a series of security alerts covering areas including Riyadh, Jeddah, Khaliq, Abha, Al-Ulah, Jizan, Yanbu, Khamis Mushait, Taif, and the Firasan Islands, with explosions reported in multiple locations. The Chinese Embassy and Consulates in Saudi Arabia reiterate their reminder to Chinese-funded institutions and citizens in Saudi Arabia to strengthen their security precautions and to take immediate evacuation measures as required by the alerts. Do not photograph military operations or spread unverified information. Passengers with air travel plans should maintain close contact with their airlines to avoid disruptions to their travel plans. In case of emergency, please contact the police immediately and the Chinese Embassy or Consulates in Saudi Arabia.On September 19th, a mudslide occurred near the Shijiagou Tunnel in Zhiliuhe Village, Gesala Township, Yanbian County, Panzhihua City, Sichuan Province, in the early hours of the morning. Following the disaster, the Sichuan Provincial Emergency Management Department coordinated with the Panzhihua City and Yanbian County Emergency Management Bureaus to jointly discuss rescue efforts and dispatched a working group to the scene to guide the response. Simultaneously, Wing Loong drones were deployed to the site to restore communications and conduct aerial reconnaissance. Currently, local authorities are organizing rescue and relief efforts.

Robinhood To Buy London Based Crypto App as Part of Europe Expansion

Cory Russell

Apr 21, 2022 09:49


微信截图_20220421093138.png


The London-based fintech startup Ziglu is scheduled to be purchased by Robinhood.


Robinhood will grow into the United Kingdom and Europe thanks to Ziglu's crypto capabilities.

After listing Shiba Inu, Solana, and other assets on its platform, Robinhood has made its second significant announcement.


Robinhood sprang to popularity after the GameStop fiasco, but it has since made a reputation for itself in the cryptocurrency area with its cryptocurrency exchange Robinhood Crypto.


As a result, the corporation is now concentrating on merely capitalizing on the current momentum with its actions.

Robinhood Comes to the UK

According to CNBC, Robinhood completed the acquisition of Ziglu, a fintech company located in London that offers crypto trading services for Bitcoin and other cryptocurrencies, yesterday.


This agreement will be critical to Robinhood's efforts to extend its footprint in the United Kingdom and Europe, which the company has been eyeing for some time.


Robinhood was planning to take over these regions two years ago, but had to abandon its ambitions due to a lack of funding, claiming the need to focus on its domestic business rather than growing internationally.


This transaction will be very beneficial to the platform, which has seen a continuous fall in monthly active users in the fourth quarter of 2021, losing over 1.3 million members in only three months.


"Together with the Ziglu team, we'll seek to use the best of both businesses, finding new ways to innovate and break down barriers for clients throughout the UK and Europe," stated Vlad Tenev, CEO of Robinhood, in response to the loss of market share and the possibilities of the new arrangement.

Robinhood's Crypto Attempts

Robinhood's announcement of integrating Shiba Inu, Solana, Compound, and Polygon's tokens to Robinhood Crypto. Ziglu's acquisition is the second most major move made by Robinhood this month.


A few days later, CEO Tenev was quoted as declaring that Dogecoin may become the "Currency of the Internet," claiming that the coin's inflation rate is much lower than that of the USD (Dollar), and that it can attain that position by cutting costs and boosting the number of transactions per second.


As a result, it seems that Robinhood will continue to grow until it becomes a key crypto market participant on a global scale.

Suggestion