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Understanding the Nature of Forex Scams

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Time Stamp: April 3, 2024 6:15 AM - Modified On: April 3, 2024 - Published By:
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Republished By Plato

As the name implies, a scam is a deceptive scheme designed to steal your money. This strategy is not exclusive to any specific industry; it's a real threat even within the trading and financial sectors. Among the numerous scams out there, forex trading scams have gained notoriety. There are many ways these schemes operate, and while the methods may vary, the primary goal remains the same: to rob you of your hard-earned cash. Spotting Scams in an Influencer's Promises One of the most common strategies scammers use includes social media

A New Era of Ownership

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Time Stamp: March 12, 2024 6:15 AM - Modified On: March 12, 2024 - Published By:
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  Months ago, the mainstream media wrote articles about how crypto was dead and that there would never be another bull run. Wild predictions of Bitcoin going to zero sought to instill fear in people so they would turn away from the markets and invest in more traditional assets. Yet, despite the doomsday prophecies, Bitcoin has surged to new heights, defying expectations even before the halving takes place. The media has quickly forgotten its failed predictions and instead turned its attention to the NFT market, echoing similar skepticism. Several articles

Life DeFi Partners with Alvara Protocol to Integrate ERC 7621 Basket Token Standard

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Time Stamp: March 12, 2024 5:45 AM - Modified On: March 12, 2024 - Published By:
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[Seychelles] — In a significant stride towards enhancing DeFi accessibility and functionality, Life DeFi is thrilled to announce a partnership with Alvara Protocol. This collaboration marks the integration of the innovative ERC 7621 standard into Life DeFi’s mobile and Chrome extension wallets, setting a new standard in the DeFi ecosystem. Alvara Protocol introduces a novel approach to managing and investing in digital assets. By allowing users to create, manage, and trade baskets of tokens, it simplifies the investment process, offering a diversified approach directly within Life DeFi’s platforms. Streamlining DeFi

Blockpass Heralds Cutting Edge Compliance Automation – Advanced KYC Bot(TM)

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Time Stamp: January 23, 2024 4:56 AM - Modified On: January 23, 2024 - Published By:
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HONG KONG, Jan 18, 2024 - (ACN Newswire) - Blockpass is proud to reveal a brand-new automation advancement that will see the KYC experience for its customers improved even further with the introduction of the Advanced KYC Bot(TM). Included as standard for all Managed Service add-on clients, the handy new bot will automate the KYC process even further, reducing the time and effort required for compliance by monitoring and processing flags to KYC profiles. Also available on a standalone basis for Enterprise customers, the Advanced KYC Bot(TM) builds on the capability

Advancing Financial Inclusion AUC Coins Set to Revolutionize Retail Payments in South Africa

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Time Stamp: January 11, 2024 10:18 AM - Modified On: January 11, 2024 - Published By:
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AUC Coins to be Added as a Payment Method for Retail in South Africa Key Highlights: Advanced Project's TIER platform enables direct AUC Coin payments at South African retailers. TIER facilitates payments for goods, services, and even municipal bills, creating a holistic ecosystem for AUC Coin usage. Africa leads the way and Advanced Project's success in South Africa serves as a beacon for wider digital asset adoption across the continent. Cape Town, South Africa – January 2024 – Advanced Project, a leading force in African blockchain innovation, is taking a

Paribus Embracing DAO transition.

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Time Stamp: December 22, 2023 3:07 PM - Modified On: December 22, 2023 - Published By:
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In our journey of developing Paribus, we’ve received a lot of feedback from our community, primarily positive and helpful. But, as is often the case when a small team controls a platform, not everyone agrees with our decisions. At every step, we’ve tried to make the best choices based on the information we had. We’ve always known that, eventually, it would be the community’s turn to take the lead in guiding Paribus. And, as we announced in our recent X-space update, that time is approaching fast with the release of

JCB, IDEMIA and Soft Space launch “JCBDC” Phase 2 pilot to trial CBDC offline P2P payments

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Time Stamp: December 13, 2023 6:48 AM - Modified On: December 13, 2023 - Published By:
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Tokyo, Paris, Kuala Lumpur, Dec 13, 2023 - (JCN Newswire) - Japan's only international payment brand JCB Co., Ltd. ("JCB") has launched the “JCBDC” (JCB Digital Currency) Phase 2 pilot project with IDEMIA, a global leader in identity technologies, and the world’s leading fintech company Soft Space Sdn Bhd. ("Soft Space"). In Phase 1 of the JCBDC project, JCB, IDEMIA, and Soft Space developed a CBDC (Central Bank Digital Currency) payment solution, enabling merchants to accept CBDC without the need to modify their POS (point of sale) terminals and payment

From Dominance to Compliance

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Time Stamp: December 3, 2023 1:04 PM - Modified On: December 3, 2023 - Published By:
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Last Tuesday saw Binance settle its long-running legal disputes with several U.S. government agencies, including the Department of Justice (DoJ), the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and the U.S. Commodity Futures Trading Commission (CFTC). However, they failed to reach an agreement with the Securities and Exchange Commission (SEC) regarding their pending charges. As part of the settlement, Binance has agreed to pay an eye-popping fine of $4.3 billion. Furthermore, Changpeng Zhao (CZ), the CEO of Binance, will step down