Terraform Labs' Case Finally Reaches Settlement
Terraform Labs and its founder, Do Kwon, have settled with the US Securities and Exchange Commission (SEC) following accusations of fraud linked to the collapse of the stablecoin TerraUSD. This agreement, disclosed on a court website, follows an April jury finding that held Kwon and Terraform Labs responsible for civil fraud charges.
Mastercard Launches Crypto Credential Service in Europe, Latin America
Mastercard rolls out Crypto Credential service in Europe and Latin America, simplifying cross-border crypto transactions and ensuring secure transfers.
Longer FX Trading Hours for South Korea
Currently, trading for the Korean won is active for only 6.5 hours each day. However, this is about to change dramatically, with plans to extend the official trading session to 17 hours.
GMI Review: Uncover Top Features of Leading Trading Platforms
Explore GMI's robust trading platforms, including Forex, gold, oil, and indices. Learn about GMI Edge, MT4, MAM, and various account types for traders.
Robinhood Launches Robinhood Crypto Trading API
Robinhood Crypto customers in the United States can now utilise the Robinhood API to monitor cryptocurrency market data, manage portfolios and account information, and make crypto orders programmatically.
YFX Capital: Scam or Safe?
YFX Capital, operated by TW Capital LTD in the Marshall Islands, has been active in the trading industry for 2-5 years. The company's legitimacy raises concerns due to its lack of proper regulation, as forex trading falls beyond the oversight of the Marshall Islands government. This unregulated status introduces significant risks for potential clients considering engagement with this offshore brokerage.
Price Volatility Isn't the Problem; Inability to Handle It Leads to Liquidation
This article explores the concept of risk in financial markets, challenging the common perception that price volatility is the primary source of risk. It argues that the real risk lies in an investor's inability to manage and withstand these fluctuations. The discussion focuses on three key factors that determine an investor's ability to handle risk: mindset, capital, and capital management. Emphasizing the importance of proper position sizing, avoiding full margin trading, maintaining reserve funds, and strategically reinvesting profits, the article provides practical guidelines for effective capital management. It concludes that understanding and applying these principles is crucial for long-term success and sustainability in trading.
ON FOREX WINDOW, $1.7 BILLION WAS EXCHANGED IN A SINGLE WEEK
In the past week, there has been a 276.1% increase in FX transactions at the Nigerian Autonomous Foreign Exchange Market (NAFEM) window, totaling $1.7 billion.
WikiFX Broker Assessment Series | Is WayOne FX Reliable?
Recently WayOne FX has become a trending topic in forex markets. WikiFX made a comprehension review to help you better understand this broker. we will analyze the reliability of this broker from specific information, regulations, etc. Let’s get into it.
ASIC to Launch New Professional Registers Search System in June
ASIC's new Professional Registers Search system launches in June 2024, streamlining access to multiple professional registers with a single search.
Crypto Lender Genesis Returns Over $2 B in Bitcoin to Gemini Customers
Gemini, alongside bankrupt crypto lender Genesis, has recently completed the restitution of over $2 billion worth of cryptocurrency to 232,000 retail clients participating in their collaborative Gemini Earn initiative, delivering a remarkable 242% return on the assets held since January 2023.
JPMorgan Sceptical of SEC Approval for Solana & Crypto ETFs
JPMorgan has expressed scepticism regarding the United States Securities and Exchange Commission (SEC) approving Solana and other cryptocurrency exchange-traded funds (ETFs) following the recent approval of Ethereum ETFs.
Cerus Markets Just Upped Their Game
Cerus Markets, a multi-asset trading platform, has introduced MetaTrader 5 (MT5) to its platform.
CySEC Suspended CIF licence of W.G. Wealth Guardian
The Cyprus Securities and Exchange Commission (CySEC) announced that the Cyprus Investment Firm W.G. Wealth Guardian Ltd's license is suspended.
IG Japan to Raise Margin Requirements for MXN Currency Pairs
IG Japan to increase margin for MXN currency pairs due to anticipated volatility from the upcoming Mexican presidential election.
Understanding the Importance of Forex Trading Spreads
Understand forex spreads: the difference between the bid and ask prices. Learn how factors like currency pairs, market conditions, and broker choice impact your trading profits.
NFA ordered Sigma Broking Limited to pay $150k Fine
The NFA has ordered Sigma Broking Limited (Sigma Broking) to pay a $150,000 penalty for many alleged compliance violations, according to a judgment published on May 28.
Breaking Barriers: Malaysia's Vision for Islamic Digital Finance Revolution
Malaysia's Finance Minister, II Datuk Seri Amir Hamzah Azizan, revealed an ambitious plan for the world's premier Shariah-compliant blockchain hub (SBH) at the Labuan International Business and Financial Center (Labuan IBFC). This strategic move marks a significant step towards embracing the advancements of cryptocurrency and digital finance within Malaysia's economic landscape.
Major Currencies in Tight Ranges Amid German Inflation Focus
Major currency pairs remain steady as markets focus on German CPI data. USD maintains strength with US yields, while GBP and EUR show mixed trends.
Exposing X Charter: A Victim's Tale of Deception and Fraud
Unsuspecting individuals can easily fall prey to the deceitful tactics of unscrupulous brokers. Among the myriad of fraudulent entities lurking in the shadows, X Charter stands as a glaring example of betrayal and deception, leaving a trail of shattered dreams and financial ruin in its wake.