Tag: Manipulative pricing

Bitcoin price: Cryptocurrency volatility sends warning signal to global markets | Express.co.uk

Bitcoin price: Cryptocurrency volatility sends warning signal to global markets | Express.co.uk

Interest rates were slashed following the financial crisis as central banks attempted to jumpstart economies. This, along with increased money supply, forced investors to seek returns through investing in assets, which in turn sent the prices of goods as obscure as fine art rocketing. Now central banks are beginning to raise rates to pare back […]

Coinbase May Be Refunding Credit Card Cash Advance Fees On Cryptocurrency Purchases | Seeking Alpha

Coinbase May Be Refunding Credit Card Cash Advance Fees On Cryptocurrency Purchases | Seeking Alpha

This Could Be Painful For The Crypto Market Due to the dramatic rise in the prices of cryptocurrencies through the year 2017, many saw an opportunity in using their credit card to purchase these digital coins, then selling the coins, paying off their credit cards, and making a profit. While there is no telling what […]

Bitcoin: $50M in Cryptocurrency Stolen Using Google Ads | Fortune

Bitcoin: $50M in Cryptocurrency Stolen Using Google Ads | Fortune

Fooled into believing they had come to the right place, victims then entered private information that allowed the hackers to gain access to their actual wallets and take their digital money. “The attackers needed only to continue purchasing Google AdWords to ensure a steady stream of victims,” the Talos team led by Jeremiah O’Connor and […]

Cryptocurrency price manipulation is ‘unavoidable,’ NEM president says | CNBC

Cryptocurrency price manipulation is ‘unavoidable,’ NEM president says | CNBC

Price manipulation in the cryptocurrency space is “unavoidable” but will disappear once the market has matured, the head of cryptocurrency firm NEM said Tuesday. “Price manipulation is not something new. You see it in mainstream markets as well. We are in a very nascent, growing phase of our industry and these things are unavoidable,” Lon […]

Auditing Uber: Northeastern researchers test Uber’s ‘surge pricing’ | BetaBoston

Auditing Uber: Northeastern researchers test Uber’s ‘surge pricing’ | BetaBoston

Christo Wilson admits there was something a little sketchy about going from drug store to drug store in downtown Boston last December, buying hundreds of dollars in prepaid Visa cards. But Wilson, an assistant computer science professor at Northeastern University, wasn’t laundering money: He was buying the cards to create fake Uber accounts that he and his colleagues would […]

Consumer Watchdog Reports On Historic Gap Between Wholesale Prices and Retail Prices At Gas Pump To Expose California Gas Price Manipulation To Energy Commission | MarketWatch

Consumer Watchdog Reports On Historic Gap Between Wholesale Prices and Retail Prices At Gas Pump To Expose California Gas Price Manipulation To Energy Commission | MarketWatch

SACRAMENTO, Calif., Oct. 13, 2015 /PRNewswire-USNewswire/ — Consumer Watchdog testified Tuesday that the gap between the retail price paid at the California gas pump and the wholesale price of gas traded within the oil industry has never been greater – signaling gouging of the consumer. Consumer Watchdog presented evidence before the California Energy Commission’s Petroleum […]

Are fuel companies manipulating prices? | Practical Motoring

Are fuel companies manipulating prices? | Practical Motoring

SOME DAYS ARE CHEAPER THAN OTHERS TO BUY PETROL, AND THAT’S A FACT. IT’S CALLED THE FUEL CYCLE. BUT ARE FUEL COMPANIES MANIPULATING PRICES? THERE’S ALWAYS BEEN A SNEAKING SUSPICION that fuel prices unrelated to anything other than ensuring oil companies make the biggest profit possible. Of course, the huge excise that governments extract from […]

Kraft and Mondelez were charged with manipulating prices in a scheme that reaped more than $5.4 million in profit | Supply & Demand-Chain Executive

Kraft and Mondelez were charged with manipulating prices in a scheme that reaped more than $5.4 million in profit | Supply & Demand-Chain Executive

WASHINGTON (AP) — Federal regulators have charged two major U.S. food companies, Kraft and Mondelez, with manipulating prices for wheat and wheat futures in a scheme that reaped more than $5.4 million in profit. The Commodity Futures Trading Commission announced the civil charges Wednesday against the two companies. The agency said the companies used “manipulative […]

Pricing News Daily > 2/26/15

Pricing News Daily > 2/26/15

Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is brought to you by:   Strategic Pricing Associates SPA is the leading provider of pricing analytics to 100′s of complex companies of all types: […]

US banks said to face manipulation probe over metals pricing | Livemint

US banks said to face manipulation probe over metals pricing | Livemint

‘Conduct Issues’ Three banks that settled currency-manipulation claims with US regulators in November—JPMorgan, Citigroup Inc. and Bank of America Corp.—were required under terms of those agreements to review and identify “other trading activities that could raise similar market conduct issues.” Those reviews triggered scrutiny of precious metals trading, another person familiar with the matter said. […]