WikiFX Broker Assessment Series | Something You Need to Know About Banxso
In today’s article, we are going to show you what Banxso looks like. WikiFX conducted a comprehension review on this broker to assist you in better understanding the truth.
Tether Takes Decisive Action Against Cybercrime, Freezes $225 Million in Largest-Ever USDT Freeze
Tether, in collaboration with Okx and the DOJ, has proactively frozen $225 million in USDT, marking the largest such action in history. This measure, aimed at disrupting a Southeast Asian human trafficking ring involved in a global crypto scam, demonstrates Tether's commitment to combating cybercrime and safeguarding the cryptocurrency ecosystem. The coordinated effort included blockchain analysis and partnership with law enforcement agencies.
Breaking News!! Binance's CEO CZ Resigns
Changpeng Zhao, popularly known as "CZ," is set to step down as Binance's CEO as part of a plea deal with the U.S. Department of Justice, signaling significant changes within the world's leading cryptocurrency exchange.
Expotoro Is A Clone of eToro!
The discovery of Expotoro posing as eToro sheds light on the alarming prevalence of cloned firms, emphasizing the need for protective tools like WikiFX's mobile app to shield investors from fraudulent entities in the financial markets.
Richard Teng Replaces Changpeng Zhao As New Binance CEO
Richard Teng succeeds Changpeng Zhao as Binance CEO, bringing over 30 years of financial and regulatory experience. The leadership change follows Zhao's resignation amid a DOJ plea deal involving Anti-Money Laundering charges. Teng's focus will be on user reassurance, regulatory compliance, and driving Web3 growth, marking a new chapter for Binance in navigating the complex cryptocurrency landscape.
Bittrex Shuts Down After US Unit Bankruptcy
Bittrex Global's imminent closure amidst regulatory pressures and financial intricacies echoes its U.S. counterpart's challenges, marking a pivotal moment for the crypto exchange amidst market shifts and legal confrontations.
Breaking: KOT4X and Hugo’s Way moved their trading platforms from MT4 to others.
KOT4X and Hugo’s Way, two forex brokers, have removed their trading platforms from the popular MT4 to trade-locker and TickTrader, respectively. What does it mean for you?
Changpeng Zhao Steps Down as Binance CEO Amid Legal Settlement with US Justice Department
Changpeng Zhao, founder of Binance, has resigned as CEO following his guilty plea to anti-money laundering violations. The US Department of Justice's investigation concludes with Binance paying a $4.3 billion settlement and accepting extensive oversight. Zhao, released on a $175 million bond, will be sentenced in February 2024. This development marks a pivotal shift in cryptocurrency regulation and highlights the growing emphasis on legal compliance in the digital currency industry.
Beware of Fraud Brokers
It seems impossible to protect your hard-earned money in the vast ocean of the forex markets. There are many unauthorised brokers who act like legitimate ones and swindle people’s money. If you are not aware of the latest news about this market.
Why Raising Interest Rates Can Help Suppress Inflation?
Over the past significant period, the United States has consistently implemented interest rate hikes with the aim of curbing inflation. Throughout this process, although the inflation data in the United States did not decrease rapidly, there was, at the very least, a containment of the upward trend. So, why does raising interest rates help control inflation?
Wingo Markets Added New 1000 Trading Instruments And Features
Discover how Wingo Markets is reshaping the forex landscape with a diverse range of over 1000 trading instruments, competitive pricing, and user-friendly tools. Whether you're a novice or seasoned trader, Wingo Markets empowers you to excel in the dynamic world of forex trading. Explore their innovative platform today.
i-Serve's Scam Unveiled: 115 Reports Expose RM118.6 Million Losses
Amidst Malaysia's commercial landscape, it's been discovered that 115 reports show a big loss of RM118.6 million due to the i-Serve scheme, revealing how things went wrong.
13 POINTERS FOR ALL TRADERS ON FOREX TRADING
Making a thorough plan before you even think about starting your first position is one of the best things you can do to make sure you start trading forex successfully.
Case Closed for Tether’s USDT Lawsuit
In a tangled legal showdown involving Tether and Bitfinex, the recent resolution in the court case raises intriguing questions about stablecoin security and alleged market manipulation within the cryptocurrency sphere.
Kraken Charge by SEC for Unregistered Securities Operations
The SEC has charged Kraken for operating an unregistered securities exchange, broker, dealer, and clearing agency in the cryptocurrency market. This enforcement action, part of the SEC's broader effort to regulate the crypto industry, aims to protect investors and maintain market integrity. Kraken's alleged activities include facilitating crypto asset securities transactions without proper registration, commingling customer funds, and lacking conflict of interest safeguards. The firm previously settled with the SEC, paying a $30 million penalty for similar issues.
Most Popular FX Brokers in India in November 2023
Are you confused about which brokers you must choose or avoid? If your answer is yes, then here we are to clear your doubt. In today’s article, we are talking about the top-searched brokers in India in November 2023. Here is a list of most popular forex brokers of this month in India
ALERT! They are Clones!!
The reputed UK regulator, Financial Conduct Authority (FCA), warns the public about four clones and issued a warning on November 20, 2023.
Mohamad Ibrahim, CEO of XS.com, Stops Salary Payments to Asian Staff
An investigation for the allegations against XS.com's CEO, Mohamad Ibrahim, for halting salary payments to Asian and African employees. It details Ibrahim's professional background, employee grievances, and the company's controversial responses, exploring the impact on XS.com's reputation and the wider fintech industry. The report emphasizes the importance of ethical leadership and corporate accountability.
Hedgex Fund: Is it Real or Fake?
Hedgex Fund is a financial company in the financial industry, specializing in providing advanced trading technology platforms for forex, CFD, and equity markets. With a focus on innovation and cutting-edge solutions, Hedgex Fund offers traders the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.
Alert: OspreyFX Unexpected Account Locked & Server Issues
Beware of the challenges faced by OspreyFX users, including account lockouts, login issues, and withdrawal limits, in this insightful article. Learn about the risks of unregulated online trading platforms and discover key steps for safe trading.
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