Malaysian Director Loses RM1.3 Million in an Non-existent Investment Scam
A company director in Seremban recently became the victim of an online investment scam, losing more than RM1.3 million in just one month. The 45-year-old man, whose identity has not been disclosed, was drawn into the fraudulent scheme after communicating with an unknown individual via WhatsApp between April 29 and May 28.
Ripple Unveils RLUSD: Ripple’s Bold Move to Disrupt Global Payment Systems
Ripple has unveiled a new stablecoin, RLUSD, in partnership with leading cryptocurrency exchanges and financial institutions to facilitate seamless cross-border payments.
Coinbase vs. SEC: The Push for Hidden Ethereum Files
Coinbase is seeking to compel the U.S. Securities and Exchange Commission (SEC) to release internal communications regarding the agency's views on Ethereum (ETH) and other digital tokens.
CFTC Charges $280M Ponzi Scheme in Florida Court
The CFTC has filed a lawsuit against individuals and firms for a $280M Ponzi scheme, highlighting efforts to combat large-scale fraud in global commodity trading.
UK inflation falls to lowest level in more than three years
The UK inflation rate fell to 1.7% in September, the lowest rate since April 2021.
NAGA Sponsored Theatrical Play, "Echoes of Her"
NAGA supported "Echoes of Her," an intense theatrical play taking place from October 11 to 13, 2024. Honoring the 50th anniversary of Turkey's invasion of Cyprus in 1974. This drama sheds light on the neglected stories of Cypriot women.
WikiFX Broker Assessment Series | Seaprime: Is It Trustworthy?
In this article, we will conduct a comprehensive examination of Seaprime, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform
Yuan Volatility Surges as US Election Approaches
As US elections near, yuan volatility surges. Traders brace for tariff risks and market swings, preparing for potential economic shifts under Trump or Harris policies.
Moomoo Launches Global Paper Trading Challenge with Cash Prizes
Moomoo has officially launched its first-ever Global Paper Trading Challenge on October 14th, offering traders the opportunity to participate in a risk-free competition. The five-week competition invites participants from the US, Canada, Australia, Singapore, Malaysia, Japan, and Hong Kong to trade US stocks and ETFs in a risk-free environment using simulated trades.
ATTENTION CALLING! FAKE WEBSITES OF BCR
Scammers and fraudsters are continuously finding new methods to deceive victims. Recently, well-known broker BCR urged customers to be wary of fraudulent websites of it. These fake websites may appear legitimate, but they are phishing frauds. BCR clarifies that have never set up any website at:
Interactive Brokers Launches BookTrader for Optimized Trading
Interactive Brokers introduces BookTrader, a tool offering real-time data, advanced order management, and customizable features to optimize trading performance.
India Cenbank Chief Warns of Financial Stability Risks from Growing AI Use in Financial Services
The growing integration of artificial intelligence (AI) and machine learning (ML) into financial services has raised concerns about potential risks to financial stability, according to Shaktikanta Das, Governor of the Reserve Bank of India (RBI).
FRAUDULENT BROKERS EXPOSED
Canada's regulator, the CSA, recently exposed five illegal brokers operating in this industry. The following are the names of such fraudulent brokers.
Is AfriMarkets legit?
In this article, we’ll examine AfriMarkets' key features in-depth. WikiFX aims to provide you with the information you need to make an informed decision about using this platform.
UAE Approves AED Stablecoin for Digital Transactions
UAE grants approval for AED Stablecoin AE Coin, a regulated Dirham-pegged cryptocurrency, transforming blockchain payments for businesses and individuals in the UAE.
AvaTrade Takes Another Season of Sponsorship with UAE Pro League
AvaTrade renews sponsorship with the UAE Pro League for 2024/25, promoting online trading awareness and boosting investment opportunities across the UAE.
Prospero Markets Repayment Delayed Due to New Court Orders
Former clients of bankrupt Retail FX and CFDs broker, Prospero Markets, are now facing further delays in the repayment of their funds. Liquidators from BRI Ferrier had initially projected a repayment timeline between September and November 2024. However, recent developments in the case indicate that the process will take longer than anticipated.
eToro Will Be Officially Exiting Philippines Amid SEC Warning, Concerns
eToro exits the Philippines due to SEC warnings. Filipino users must withdraw funds and close accounts by February 2025 to avoid losing access to the platform.
MultiBank Group Launches MEX Digital with VARA License in Dubai
MultiBank Group, a global financial institution based in Dubai, has officially launched its new subsidiary, MEX Digital FZE, in the United Arab Emirates. This development follows the company’s acquisition of a license from the Virtual Assets Regulatory Authority (VARA) in Dubai, enabling MEX Digital to operate under the MultiBank.io brand.
Interactive Brokers Introduces New Futures and ETFs on HKEX for Global Investors
Interactive Brokers continues to enhance the range of investment instruments available to its global clientele. The firm has recently broadened its offerings on the Hong Kong Exchanges and Clearing Limited (HKEX), allowing investors to tap into a wider variety of products across key markets.