From Twitter hacks to scandalous reports, there’s no shortage of activities taking place online surrounding cryptos
FM
This article was written by Charlotte Day, Creative Director at Contentworks.
Fake news has become one of the buzzwords of 2017. Misleading headlines, nonsense articles and made-up figures have become part of our very existence with the finance industry constantly trying to bat away stories that could directly influence the market. So how do we know what’s real or not?
Being somewhat of a complex and misunderstood concept, cryptocurrencies like Bitcoin often fall victim to false news bandits who strive to unsettle the world of digital trading.
From fake valuations to Twitter hacks and scandalous reports, there’s no shortage of malicious activities taking place online making it all the more important to stay on the ball with regards to the latest cryptocurrency information. Here are some examples of recent fake news:
Ethereum founder killed in a car crash
Ethereum - a cryptocurrency and payment system like Bitcoin – was greatly affected by fake news earlier this year. When news spread online that the founder had been killed in a car crash, $4 billion was wiped off Ethereium’s total market value just like that showing how radical and detrimental to business fake news can be.
Vitalik Buterin with the founders of The Floor
Rumor that Amazon will accept Bitcoin
Not so long ago, rumor that Amazon will accept Bitcoin set the Internet alight. People were convinced that the digital currency was soon to be given a credible boost, but this was all down to a misinterpreted newsletter with a striking lack of evidence. While Amazon may indeed accept Bitcoin in the future they’ve never released an official statement confirming this information.
So as you can see, fake news can totally disrupt the cryptocurrency trading industry. It can send the markets up and down keeping traders on their toes. Looking on the positive side, crypto is at least gaining exposure and is certainly not the only victim of fake reports.
How to source the facts from the myths
With so much online content being shared by popular networking sites like social media, it’s easy to get the wrong end of the stick and make presumptions that aren’t true. While networking platforms and official bodies such as the US Securities and Exchange Commission are cracking down on so-called ‘fake news’ and trying to protect the finance industry, it’s important for finance – notably FX writers – to source the facts from the myths. Here’s how:
Be aware of fake news and don’t take anything at face value
Don’t believe everything you read on social media
Don’t jump on the bandwagon or follow hype unnecessarily
Double check all sources, cross reference and confirm the origin of quotes and articles
Analyze posts from news outlets and reputable industry leaders to gauge market sentiment
Keep an open mind to avoid misreporting facts. Research without bias or agenda.
Ask yourself why a story has been written? Is there an underlying purpose?
Pause for thought
It has been reported that banks are trying to restore the normal status quo of economics and are therefore pedaling fake news regarding cryptocurrencies to derail this digital currency. With investors, governments and businesses showing interest in digital currencies it’s important to watch out for sources that may resist and resent such change.
Still getting it wrong? What you need to know
Many writers still source the wrong information. To avoid this you should know that:
Fake news often looks like and is formatted the same as regular news
Many writers use pseudonyms such as Equity Options Guru, The Swiss Trader, Trading Maven and Wonderful Wizard to hype stocks
Analysis presented as impartial is often paid for
Articles on investment research websites may not be objective and independent
The importance of compliance
Being aware of fake news and taking care when sourcing information is one thing. Compliance is another. Even if you’ve access to information that’s true and correct, you still can’t write whatever you want or you run the risk of generating ‘fake news’ yourself without intending to.
If all brokers offering cryptocurrencies claim to have the fastest platforms and the tightest spreads, these statements become meaningless. They’re also overly promotional and will likely break the compliance rules set by regulatory bodies like CySEC, the FCS and FSA. With the new MiFID II regulations clamping down on trading, keeping a close eye on content is crucial, it’s also essential to:
Disclose all facts
Not make promises
Be transparent and not misleading
Not try to sway people in their trading decisions
Provide reasonable and balanced information
Give the pros and cons of particular scenarios
To conclude, cryptocurrency is not a fake news concept but it has been the focus of many untrue reports, which have had a knock-on effect. Anyone involved with the industry therefore needs to be aware of such falsities and do all they cannot to be fooled.
This article was written by Charlotte Day, Creative Director at Contentworks.
Fake news has become one of the buzzwords of 2017. Misleading headlines, nonsense articles and made-up figures have become part of our very existence with the finance industry constantly trying to bat away stories that could directly influence the market. So how do we know what’s real or not?
Being somewhat of a complex and misunderstood concept, cryptocurrencies like Bitcoin often fall victim to false news bandits who strive to unsettle the world of digital trading.
From fake valuations to Twitter hacks and scandalous reports, there’s no shortage of malicious activities taking place online making it all the more important to stay on the ball with regards to the latest cryptocurrency information. Here are some examples of recent fake news:
Ethereum founder killed in a car crash
Ethereum - a cryptocurrency and payment system like Bitcoin – was greatly affected by fake news earlier this year. When news spread online that the founder had been killed in a car crash, $4 billion was wiped off Ethereium’s total market value just like that showing how radical and detrimental to business fake news can be.
Vitalik Buterin with the founders of The Floor
Rumor that Amazon will accept Bitcoin
Not so long ago, rumor that Amazon will accept Bitcoin set the Internet alight. People were convinced that the digital currency was soon to be given a credible boost, but this was all down to a misinterpreted newsletter with a striking lack of evidence. While Amazon may indeed accept Bitcoin in the future they’ve never released an official statement confirming this information.
So as you can see, fake news can totally disrupt the cryptocurrency trading industry. It can send the markets up and down keeping traders on their toes. Looking on the positive side, crypto is at least gaining exposure and is certainly not the only victim of fake reports.
How to source the facts from the myths
With so much online content being shared by popular networking sites like social media, it’s easy to get the wrong end of the stick and make presumptions that aren’t true. While networking platforms and official bodies such as the US Securities and Exchange Commission are cracking down on so-called ‘fake news’ and trying to protect the finance industry, it’s important for finance – notably FX writers – to source the facts from the myths. Here’s how:
Be aware of fake news and don’t take anything at face value
Don’t believe everything you read on social media
Don’t jump on the bandwagon or follow hype unnecessarily
Double check all sources, cross reference and confirm the origin of quotes and articles
Analyze posts from news outlets and reputable industry leaders to gauge market sentiment
Keep an open mind to avoid misreporting facts. Research without bias or agenda.
Ask yourself why a story has been written? Is there an underlying purpose?
Pause for thought
It has been reported that banks are trying to restore the normal status quo of economics and are therefore pedaling fake news regarding cryptocurrencies to derail this digital currency. With investors, governments and businesses showing interest in digital currencies it’s important to watch out for sources that may resist and resent such change.
Still getting it wrong? What you need to know
Many writers still source the wrong information. To avoid this you should know that:
Fake news often looks like and is formatted the same as regular news
Many writers use pseudonyms such as Equity Options Guru, The Swiss Trader, Trading Maven and Wonderful Wizard to hype stocks
Analysis presented as impartial is often paid for
Articles on investment research websites may not be objective and independent
The importance of compliance
Being aware of fake news and taking care when sourcing information is one thing. Compliance is another. Even if you’ve access to information that’s true and correct, you still can’t write whatever you want or you run the risk of generating ‘fake news’ yourself without intending to.
If all brokers offering cryptocurrencies claim to have the fastest platforms and the tightest spreads, these statements become meaningless. They’re also overly promotional and will likely break the compliance rules set by regulatory bodies like CySEC, the FCS and FSA. With the new MiFID II regulations clamping down on trading, keeping a close eye on content is crucial, it’s also essential to:
Disclose all facts
Not make promises
Be transparent and not misleading
Not try to sway people in their trading decisions
Provide reasonable and balanced information
Give the pros and cons of particular scenarios
To conclude, cryptocurrency is not a fake news concept but it has been the focus of many untrue reports, which have had a knock-on effect. Anyone involved with the industry therefore needs to be aware of such falsities and do all they cannot to be fooled.
Match2Pay Integrates Binance Pay as Brokers and Prop Firms Embrace Crypto Deposits
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
