CMC Markets eyes Web 3.0 as profit jumps June 5, 2025 Profit at the Lord Cruddas-founded CMC Markets jumped 33 per cent last year to £84.5m, as the group launches a new campaign to enter the ‘Web 3.0’ space. Net operating income came in at £340.1m, a two per cent increase on the previous financial year but below expectations of £359m, the firm revealed in its [...]
The Capitalist: ABBA legend speaks to near-empty room at SXSW London as £1k pass-holders left outside June 5, 2025 Mishaps at London SXSW, fishticuffs at London restaurants and a Bitcoin breakfast with Reform at The Shard; catch up on the latest gossip.
IG Group: First crypto trading launch for UK-listed firm June 2, 2025 IG Group has become the first UK-listed company to launch crypto trading to retail investors, with the FTSE 250 firm debuting the feature amid a surge in policy pitches meant to woo digital currency investors. Customers on the trading platform can now buy, sell and hold crypto assets, with IG Group charging 1.49 per cent [...]
Reform will make the UK a crypto powerhouse May 29, 2025 Reform will turn the UK into a crypto powerhouse – and take young voters seriously, writes chairman Zia Yusuf.
Crypto deals in sport up 20 per cent to over £400m May 28, 2025 Sponsorship of sports organisations by crypto brands has increased by 20 per cent to over £400m with football driving new business, new research shows. The $565m spent by the blockchain-anchored organisations in the past season is closing in on the 2022-23 peak, when $685m was spent (£508m), according to SportQuake data. Nearly two thirds – [...]
Half of UK millennials set to include crypto in investment portfolios May 20, 2025 Almost half (49 per cent) of UK millennials are planning to invest in digital assets such as cryptocurrencies in their investment portfolios, Morning Wire can reveal. The significant number of millennials backing bitcoin compared to 27 per cent of Gen X investors and eight per cent of baby boomers, EY’s recent UK Wealth Report found. [...]
Cyber attack: Coinbase warns of $400m hit after data breach May 15, 2025 Crypto exchange Coinbase has disclosed a significant cyber attack that could cost the company between $180m (£135m) and $400m (£300m), after hackers breached account data belonging to a “small subset” of its users. The news sent shares down three per cent in pre-market trading on Thursday. Coinbase said it received an email from an unknown [...]
Lord Cruddas’ CMC Markets takes control of blockchain firm May 7, 2025 CMC Markets, the firm founded by Conservative Peer Lord Peter Cruddas, announced on Wednesday it had acquired a majority stake in StrikeX Technologies. The London-based trading firm upped its holding in the blockchain firm to 51 per cent from 33 per cent previously. Shares in CMC Markets were up 0.3 per cent in midday trading [...]
Argo Blockchain shares tumble as it prepares to suspend trading amid widening losses April 30, 2025 Argo Blockchain has seen its stock tumble as it prepares to suspend trading of its shares over issues with its accounts as it posted widening losses. The crypto miner’s shares fell as much as 25 per cent as it conceded it had failed to finalise its accounts by the deadline required by London listing rules, [...]
UK bitcoin investors suffer as dollar dwindles April 23, 2025 UK investors in bitcoin and other cryptocurrencies have seen their returns eaten away as the value of the US dollar continues to fall against the pound. Bitcoin’s rally in recent days has pushed its price up to $94,000, meaning that it has returned 0.4 per cent since the start of 2025. However, this is only [...]