US Crypto Fraud Losses Jump 66% in 2024, Reaching Alarming Highs

Crypto-related scams cost U.S. investors $9.3 billion in 2024, marking a 66% surge from the previous year, with seniors and fake investment schemes among the hardest hit.

News 2025-04-25 17:40

World Trading Tournament (WTT): The Game-Changer in Global Trading

The World Trading Tournament (WTT) is not just a competition — it’s a global movement reshaping the trading world. With a bold vision to turn trading into a competitive sport, WTT offers a platform where skill, strategy, and technology collide in electrifying fashion.

News 2025-04-25 17:30

Why You Shouldn't Be Afraid to Trust Your Capital to Regulated Brokers

Discover why regulated brokers offer safety for your capital with oversight, security, and transparency, plus the risks of unregulated options. Invest with confidence.

News 2025-04-25 16:44

UN Warns Asian Scam Operations are Spreading Worldwide

UN report reveals Asian scam operations expanding globally, targeting Africa, Latin America with cyberfraud, generating billions amid crackdowns.

News 2025-04-25 16:00

South Africa's Regulator Warns of WhatsApp Scam Impersonation with 30% Returns

New deepfake scam in South Africa uses fake FSCA video to promote fraudulent AI trading schemes. Public warned about unauthorized financial schemes.

News 2025-04-25 15:13

PrimeXBT Expands with Stock CFDs for Major Global Companies

PrimeXBT introduces stock CFDs, allowing trading of major US stocks like Amazon, Tesla, and MicroStrategy with crypto or fiat margin options.

News 2025-04-25 15:01

TRADE.com UK Sold to NAGA Group Amid 2024 Revenue Drop

TRADE.com UK sold to NAGA Group for £1.24M after a 65% revenue drop and £346K loss in 2024, marking NAGA's UK return.

News 2025-04-25 14:40

Why Binance Tightens Crypto Transfer Rules for South Africans?

Binance enforces stricter crypto transfer rules for South African users starting April 30, requiring sender and beneficiary details for compliance.

News 2025-04-25 13:59

Prop Trading Firms vs. CFD Brokers: Who’s Winning the Retail Trading Race?

In recent years, a new breed of retailer-focused trading firms has emerged: proprietary (prop) trading outfits that recruit individual traders to trade the firm’s capital under structured rules. Boasting low entry costs, clear risk parameters, and profit-sharing incentives, these prop firms are rapidly winning over retail traders, many of whom previously traded Contracts for Difference (CFDs) with established online brokers. As prop trading revenues accelerate, a key question arises: Are CFD brokers losing business to prop firms?

News 2025-04-24 18:26

New to FX Trading? Stop! Read These Warnings First

If you're new to forex (FX) trading, you might be tempted to explore various platforms and dealers promising easy returns. However, it’s crucial to proceed with caution, especially in India where regulatory bodies like the Reserve Bank of India (RBI) ensure that forex transactions are conducted within the legal framework of the Foreign Exchange Management Act (FEMA), 1999.

News 2025-04-24 17:30

Shocking Move: Yen Breaks Past 140 Barrier!

The yen's breakout above the 140 mark has caught global attention, and the reasons behind it are more than technical.

News 2025-04-24 17:11

Another ‘Tan Sri’ Targeted, RM347 Million in Assets Seized in MBI Scam

Malaysia’s police are stepping up their investigation into the MBI investment scam, a multi-billion ringgit fraud that has dragged on for nearly a decade. The Royal Malaysian Police (PDRM) is now planning to arrest another prominent figure with the title ‘Tan Sri’, following recent arrests and major asset seizures.

News 2025-04-24 16:46

RM15,000 Profit Turned into RM1.1 Million Loss for Engineer!

What started with a small profit of RM15,000 quickly turned into a financial disaster, draining an engineer’s savings and money borrowed from family.

News 2025-04-24 16:43

Germany’s April PMI Falls Below 50 as Service Sector Stumbles

Germany’s composite PMI fell to 49.7 in April, signaling a contraction in private sector activity for the first time in four months. The decline was driven by a steep drop in services, while manufacturing showed modest improvement.

News 2025-04-24 16:17

Avoid These Sites: FCA Names 11 Suspicious Financial Firms

The UK Financial Conduct Authority (FCA) has flagged 11 websites—such as SELFTRADEINV, PROBIT INVESTMENTS, and CryptoNovaPRO—for offering financial services without proper authorization.

News 2025-04-24 16:14

KuCoin Thailand Launches as Top Crypto Exchange in 2025

KuCoin Thailand launches with SEC approval, offering secure crypto exchange services and digital asset trading in Thailand with enhanced technology and safety.

News 2025-04-24 16:09

PayPal Opens Regional Hub in Dubai, Expands Middle East Reach

PayPal opens Dubai hub as Middle East HQ & offers 3.7% PYUSD stablecoin yield, enhancing global commerce and digital assets in 2025.

News 2025-04-24 15:42

FINRA fines SpeedRoute for alleged rule violations

The Financial Industry Regulatory Authority (FINRA) has imposed a $300,000 fine on SpeedRoute LLC for a series of supervisory, risk management, and anti-money laundering (AML) program deficiencies spanning from 2017 to the present. Of this amount, $75,000 is payable to FINRA, with the remainder offset by SpeedRoute’s limited ability to pay. In addition to the monetary penalty, SpeedRoute has been censured and ordered to overhaul its compliance framework, including enhancing its written supervisory procedures (WSPs) for market access controls and strengthening its AML program.

News 2025-04-24 15:04

Philippines Launches Crypto Regulatory Sandbox to Foster Innovation

The Philippines introduces a crypto regulatory sandbox to support digital asset innovation, focusing on security, consumer protection, and financial inclusion.

News 2025-04-24 14:53

How Did Cybercriminals Steal a Record $16.6 Billion in 2024?

The FBI's latest report reveals cybercriminals stole $16.6 billion last year, with older Americans and cryptocurrency scams among the top targets.

News 2025-04-24 14:25