CedarFX - Trade with the First Eco-Conscious Broker

CedarFX – Trade with the First Eco-Conscious Broker

Cryptocurrency News

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

Polkadot launches anti-scam reward program

Cryptocurrency News

The Polkadot team launched the Anti-Scam Bounty program to improve the security of their ecosystem, which offers cash rewards to participants. As part of the program, members of the Polkadot community find fraudulent websites, fake social media profiles, and phishing apps masquerading as Polkadot, and protect Discord servers from hacker attacks. The list of tasks includes the creation of educational materials for users, as well as the development of a special Anti-Scam toolbar to protect…

South Korean authorities propose to tighten regulation of cryptocurrency exchanges

Cryptocurrency News

South Korean lawmakers have proposed amending the Digital Assets Law to tighten controls on cryptocurrency exchanges to prevent situations like FTX and Terra. Republican Yoon Chang-Hyun of the Power of the People party believes that it is necessary to expand the powers of the South Korean Financial Services Commission (FSC) and the South Korean Financial Supervisory Service (FSS) so that departments can monitor and audit the activities of cryptocurrency platforms. If the new amendments are…

Web3 BDC Poll: Bitcoin Could Fall Below $12,000

Cryptocurrency News

Analyst company Web3 BDC reported that the leaders of cryptocurrency projects expect a decrease in the price of bitcoin, but do not plan to sell digital assets in a crypto winter. According to a survey conducted by analytics company Web3 BDC, 53 senior executives involved in various crypto projects, including decentralized finance (DeFi) and GameFi, believe that amid the collapse of FTX, Bitcoin will continue to fall. On average, respondents believe that BTC will stop…

CedarFX – Trade with the First Eco-Conscious Broker

Cryptocurrency News

Building a Diverse Trading Portfolio   A look at the importance of risk mitigation through diversifying your portfolio.   When it comes to online trading, portfolio diversification is a powerful tool used by investors to mitigate risk. This strategy involves investors holding multiple assets across varying markets, industries and geographical jurisdictions in order to spread their exposure and decrease the risk of loss due to one industry collapsing.     The Benefits of a Diversified…

Avast announces new VenomSoftX malware aimed at stealing cryptocurrencies

Cryptocurrency News

The company Avast, working in the field of information security, has warned about the spread of a new malicious extension VenomSoftX for the Google Chrome browser that steals cryptocurrencies. According to Avast experts, the virus itself has been known since 2020, but since the beginning of 2022, a sharp increase in the number of infections has been recorded – more than 93,000. VenomSoftX and its copy ViperSoftX are distributed using pirated distributions of hacked games…

FTX debt to creditors exceeds $3.1 billion

Cryptocurrency News

According to the filing for bankruptcy of the FTX cryptocurrency exchange, the amount of debt obligations of the platform to the 50 largest creditors is $3.1 billion. The document does not indicate the names of the creditors of the crypto exchange, however, it is known that the amount of the largest debt is $225 million. The statement also says that the amount of debts to the 10 largest creditors is $1.45 billion. “The list of…

CedarFX - Trade with the First Eco-Conscious Broker

CedarFX – Trade with the First Eco-Conscious Broker

Cryptocurrency News

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

WSJ: Genesis Requests $1 Billion Emergency Loan

Cryptocurrency News

The Wall Street Journal (WSJ) has obtained a confidential document from crypto lender Genesis, in which he appeals to potential investors for financial assistance secured by a stake in the business. Crypto lending company Genesis unsuccessfully attempted to secure a $1 billion emergency loan before suspending withdrawals, the WSJ reports. on the balance sheet of Genesis. The crypto lender offered potential investors the opportunity to obtain a majority stake in Genesis, a stake in one…

El Salvador will buy one bitcoin daily

Cryptocurrency News

El Salvador’s President Nayib Bukele has announced that the country’s government will resume buying bitcoins. From November 18, El Salvador will buy one bitcoin every day. Nayib Bukele tweeted about this, but he did not specify how long the Bitcoin acquisition program will last. This statement speaks of the president’s confidence in the first cryptocurrency, despite the current market decline and its high volatility. “We are buying one #Bitcoin every day starting tomorrow.” Bitcoin was…