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.
FX Veteran Ilies Larbi's Crypto Exchange Ouinex to Go Live Today
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Educators, IBs, And Other Regional Growth Drivers
Educators, IBs, And Other Regional Growth Drivers
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
The Leap to Everything App: Are Brokers There Yet?
The Leap to Everything App: Are Brokers There Yet?
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Mind The Gap: Can Retail Investors Save the UK Stock Market?
Mind The Gap: Can Retail Investors Save the UK Stock Market?
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
