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In the ever-evolving landscape of financial scams, fraudsters are now leveraging cutting-edge artificial intelligence (AI) to deceive unsuspecting victims. Deepfake technology, which manipulates audio and video to create hyper-realistic but entirely fabricated content, has become a powerful tool for scammers, particularly in the forex and cryptocurrency markets.
eToro has obtained regulatory approval from the Cyprus Securities and Exchange Commission (CySEC) to offer crypto services across all European Union (EU) member states under the Markets in Crypto-Assets Regulation (MiCA) framework.
Discover how the Philippines tackles rising fraud with BSP Circular 1140, AI-driven solutions, and tokenization to secure its digital economy. Learn more.
Pi Network’s Mainnet launch sparks debate. With 100M users, KYC compliance, and Binance listing rumors, will it redefine crypto accessibility?
The previously suspended oil and gas project has been restarted due to the intervention of the Nigerian Content Development and Monitoring Board (NCDMB). Valued at $42 million, the restart of this project is expected to further drive employment for the local workforce.
Coinbase calls for clear US crypto regulations to foster innovation, protect consumers, and ensure transparency in the digital asset industry.
In another incident confirming the suspicious practices of the GlobTFX platform, a trader from Morocco lost $89 while executing a financial trade due to a sudden technical failure on the platform.
The firm wanted to claim protection under copyright law, to stop rivals selling copycat versions of its shoes.
Binance.US resumes USD deposits and withdrawals via ACH transfers, marking a major milestone for the crypto exchange after regulatory challenges.
Tariffs—taxes imposed on imported goods—serve as tools for governments to protect domestic industries, generate revenue, and influence trade balances. However, their impact on commodity markets, particularly gold and oil, is multifaceted and can lead to significant price fluctuations.
The lead researcher has told the BBC he was so astounded he assumed his computer had been hacked.
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Robinhood is expanding its global footprint, with Singapore emerging as its next strategic hub in Asia. The fintech company, known for its commission-free trading platform, is preparing to introduce crypto products in the region upon completing its $200 million acquisition of Bitstamp.
After reaching an all-time high of $261 in January, Solana (SOL) has seen its value decline, driven largely by the cooling of the meme coin frenzy that had fuelled its rapid ascent.
Know the differences between regulated and unregulated forex brokers. Discover pros, cons, and how to verify brokers with WikiFX for safe trading.
Cyprus police alert the public about SMS scams impersonating the Binance crypto exchange. Learn how to protect your account from phishing fraud.
The Financial Supervisory Authority (BaFin) has issued warnings for several platforms operating without the necessary authorization to provide financial services. These platforms, which include websites offering investment opportunities and cryptocurrency services, have been found engaging in unauthorized activities, posing various risks to investors.
FCA warns against 9 unlicensed financial websites, urging investors to avoid them due to lack of regulatory protection.
Scams thrive on the belief that only the naive or uninformed become victims. Many assume that intelligence, financial acumen, or sheer scepticism will shield them from fraudsters.