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Should You Beware of Forex Trading Gurus?
Know the reality behind forex trading gurus, examining their deceptive tactics, inflated promises, and the risks associated with trusting them for financial advice.
Blockchain Decentralization: Empowering a Trustless Future
In recent years, blockchain technology has rapidly evolved from a niche innovation behind Bitcoin into a transformative force across industries. At its core, blockchain decentralization refers to the distribution of authority and decision-making away from a central entity and into the hands of a distributed network of participants. This shift redefines how data is stored and verified and paves the way for trustless, transparent, and resilient systems that challenge traditional centralized models.
BaFin Issues Warnings Against Unauthorized Financial Service Providers
Brahams & Goldbach, Fluxion Ltd, and Edelraum.net face regulatory warnings from BaFin for providing unlicensed investment and crypto services.
Why the SEC Rejected the First U.S. Bank-Issued Stablecoin
The SEC rejected the first U.S. bank-issued stablecoin, citing regulatory concerns. This decision highlights the ongoing challenges in crypto asset classification and oversight.
IG Group Acquires Freetrade for £160M to Expand UK Investment Market
IG Group acquires Freetrade for £160M, boosting its UK investment offerings. Freetrade to operate independently, with plans for growth and innovation.
Central Bank of Russia Alerts Investors to Prop Trading Manipulation Practices
The Central Bank of Russia has issued a warning to caution investors and trading firms about the rising threat of market manipulation through proprietary (prop) trading practices.
UK Authorities Freeze Nearly $7.7 Million in Illicit Crypto Assets Within a Year
Crypto wallets tied to fraud and tax evasion were frozen under new enforcement powers granted in 2024.
Australian Regulator Warns of Money Laundering and Fraud Risks in Crypto ATMs
Australia’s financial regulator has expressed concern about how cryptocurrency ATMs are being used across the country, particularly in relation to illicit financial activity. Authorities are now increasing pressure on ATM operators to improve monitoring standards and ensure compliance with national regulations.
Webull Launches SMSF Investment Platform with Zero Fees
Webull introduces commission-free SMSF trading, offering over 3,500 US and Australian ETFs, with no brokerage fees and enhanced portfolio tools.
April Fool's Day Scam Prevention Experience Collection
Share your “Forex Fraud Prevention Experience”, win WikiFX points and gold rewards!
Australian Authorities Joins Forces with Philippine Authorities to Combat Cyber Scams
AFP tackles cyber scam boiler rooms in the Philippines, training police to fight fraud and protect Australians from romance and cryptocurrency scams.
How Will the Market React at a Crucial Turning Point?
Safe-haven assets like gold and U.S. Treasuries are surging, while equities face mounting pressure. As this pivotal moment approaches, how will the market react?
Gold Prices Climb Again – Have Investors Seized the Opportunity?
Gold prices have hit record highs for three consecutive days, with a remarkable 19% gain in the first quarter, marking the strongest quarterly performance since 1986. As market risk aversion rises, demand for gold has surged significantly.
Steam Set to Launch Blockchain Game “Paradise” Amid Scam Allegations
“Paradise,” a blockchain-based game accused of being a crypto scam, is set for release on Steam, sparking concerns over platform’s ban enforcement and consumer risks.
HTFX Spreads Joy During Eid Charity Event in Jakarta
On March 14, HTFX showcased its deep commitment to social responsibility by hosting a heartwarming Eid charity event in Jakarta, Indonesia. This meaningful gathering aimed to convey warmth and care through practical actions, uniting the local community and making a significant impact on those in need.
Exposing the Top 5 Scam Brokers of March 2025: A Closer Look by WikiFX
In its latest report for March 2025, WikiFX has released a cautionary ranking of brokers that have raised significant red flags within the trading community. These five platforms, marked by alarmingly low scores, serve as stark reminders of the importance of due diligence when selecting a broker. Below is an in-depth look at each one.
Coinbase Phishing Scams Drain $46M from Users in Two Weeks
Coinbase phishing scams cost users $46M in two weeks. Learn how scammers target the crypto exchange and tips to stay safe.
Anti-Scam Groups Urge Tougher Action on Fraudsters in UK
Anti-scam groups demand tougher police action on fraudsters as UK fraud rates surge 19%, targeting millions in a penalty-free crime spree exposed by a $35m scam leak.
Will natural disasters have an impact on the forex market?
The forex market is known for its rapid responses to global events, but the influence of natural disasters, such as earthquakes and typhoons, can be less straightforward. While headlines may scream about catastrophic damage and economic disruption, the long-term effects on currency values often depend on a blend of immediate shock and underlying economic fundamentals.
Philippines Deports 29 Indonesians Linked to Online Scam Syndicate in Manila
Online scam groups in the Philippines trick Filipinos into gambling and love scams, from Manila to Bacolod, causing trafficking and pain as police fight back.
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