Category: Cryptocurrency

ASIC
January 17, 2022 BY Steffy Bogdanova

ASIC warns about risk in crypto investment when using SMSF

Crypto-asset investment ASIC reminded investors to consider the risks before using their SMSF to invest in crypto-assets. Trustees of SMSF bear responsibility for the fund’s decisions and for legal compliance. The regulator recently warned the public about an increase in scams involving crypto-assets. ASIC said in the official warning: If you decide to set up…

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Virtu Financial
January 11, 2022 BY Steffy Bogdanova

Virtu Financial warns against crypto scams

Virtu continued: If you have been contacted by any person(s) purporting to be acting on behalf of or in connection with Virtu to trade cryptocurrency, be aware that these individuals are not authorized representatives of Virtu. The company also noted that victims of such fraudulent actions can contact their local FBI office. Virtu Financial highlighted…

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January 11, 2022 BY Steffy Bogdanova

BUX Zero introduces crypto

Crypto education and risk management BUX will ensure consumers have access to the correct information about different asset classes by making available in-depth and informative content about cryptos. Its clients will also be able to access in-app daily news and market analysis to get a comprehensive overview of market trends and activity. Through working with…

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TP ICAP
January 10, 2022 BY Steffy Bogdanova

TP ICAP starts offering crypto ETP trading to European clients

TP ICAP’s crypto services are now available in Europe with plans to also reach the United States as well. Simon Forster, Co-Head of TP ICAP Digital Assets, commented: We’re delighted to start providing liquidity for clients in these European crypto asset equity instruments alongside Goldman Sachs and some of the most respected market makers in…

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January 06, 2022 BY Steffy Bogdanova

BitMEX teams up with Tokeny to launch BMEX

Users will be able to earn as much BMEX as possible through participation in contests and giveaways for a limited time period. Alexander Höptner, CEO of BitMEX, commented: We chose to partner with Tokeny - one of the global leaders in the tokenisation technology space - to guide us in developing and issuing BMEX in…

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eToro
December 29, 2021 BY Steffy Bogdanova

eToro expands crypto offering with the Sandbox and CELO

CELO The DeFi platform Celo (CELO) helps users and investors to settle transactions via their mobile phones. Celo makes acess to financial services easier though tools and transactions available on mobile-first basis. CELO investors can vote on initiatives such as making the CELO blockchain carbon neutral. Natalie Alfers, Exchange & Partner Marketing Lead at the…

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December 22, 2021 BY Steffy Bogdanova

BitMex announced native crypto coin BMEX

BitMEX users can earn BMEX based on trading volumes at the exchange and the generated fees. The company detailed that there will be a maximum supply of 450 million BMEX tokens. They will be vested over a period of 5 years. BitMEX explained: The large majority of BMEX will be spent to reward users and…

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December 16, 2021 BY Steffy Bogdanova

Binance to launch crypto exchange in Indonesia with Telkom partnership

Binance founder and chief executive Changpeng Zhao, said: Our ambition at Binance is to grow the blockchain and cryptocurrency ecosystem globally, and this initiative in Indonesia is a significant step in that direction. With fast technology adoption and strong economic potential, Indonesia could become one of the leading centers of the blockchain and crypto ecosystem…

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December 15, 2021 BY Steffy Bogdanova

eToro and Coinbase under fire for misleading crypto ads

Coinbase’s ad appeared on Facebook on 27 July 2021 and stated “£5 in #Bitcoin in 2010 would be worth over £100,000 in January 2021. Don’t miss out on the next decade – get started on Coinbase today”. The firm also went on to label its competitors “unregulated. The British advertising regulator said that both ads…

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