Despite the overall performance and early returns of Apple Pay, there have been mounting episodes of fraud weighing down the Payments utility – meanwhile, Barry Silbert’s BIT has been approved to be publicly traded.
QuadrigaCX to Become First Publicly Traded Bitcoin Exchange
Canadian Bitcoin exchange, QuadrigaCX, has become the next Bitcoin company to announce its going public.
Starting in April, it will be listed on the Canadian Securities Exchange (CSE), the rough Canadian equivalent of the OTC markets south of the border. The CSE offers simplified reporting requirements and reduced barriers to listing. It is favored by micro cap and emerging companies.
It will be listed as Quadriga Fintech Solutions under the ticker symbol XBT, which is also commonly used to abbreviate bitcoin as a currency.
It has been a busy few days for Bitcoin companies announcing their plans to go public. Last week, Bitcoin derivatives platform Tera Exchange entered into a reverse merger with MGT Capital Investments Inc. Earlier this week, Barry Silbert’s Bitcoin Investment Trust got the nod for public listing on the OTC markets.
Despite an impressive performance since launch, Apple Pay is now reportedly failing to escape fraud–its raison d’être.
In fact, the rate of fraud with Apple Pay may be several times higher for some banks according to Cherian Abraham, a payment expert who works with banks and retailers on mobile payment strategies. It is not an anomaly to see fraud rates as high as 6% with Apple Pay for some banks, as opposed to 0.1% when credit cards are used in their traditional plastic form. The figures varied from bank to bank.
Apple Pay employs a number of features in an effort to increase security and reduce fraud. Fingerprint recognition ensures it can only be used by the phone’s owner. Payment data is encrypted and stored on an “element” separately from the rest of the phone. And a one-time code is used for every transaction to ensure merchants can’t view customer data.
The Greatest Thing for Bitcoin Since Sliced Bread? Barry Silbert’s BIT Going Public
The Bitcoin industry achieved a major milestone. Barry Silbert’s Bitcoin Investment Trust (BIT) has been approved to be publicly traded on the over-the-counter (OTC) markets.
BIT has been temporarily assigned the ticker symbol BTCV on the OTC Markets “pink sheet” site but has been approved to use GBTC as their permanent ticker.
Each share in the trust represents one tenth of a bitcoin. Thus, it is the first publicly traded bitcoin investment vehicle, beating the Winklevoss twins’ proposed Bitcoin exchange traded fund (ETF) to the finish line. Their Winklevoss Bitcoin Trust was first registered with the Securities and Exchange Commission (SEC) last year, but has yet to be approved.
BTC Media Acquires Bitcoin Magazine from Coin Publishing
MGT Capital Investments Inc. has formally entered into a letter of intent (LOI) with Tera Group Inc., the owner of regulated swap execution facility (SEF) TeraExchange LLC.
Back in October, TeraExchange, under the authorization of US derivatives watchdog CFTC, completed their inaugural bitcoin transaction. The initial trade was completed between digitalBTC, the world’s first Bitcoin-focused company to commence trading on a major stock exchange, and a hedging counterparty.
The nature of the LOI will be the issuing of MGT’s shares of common stock to the current owners of Tera, which represent 70% of the pro-forma equity of the combined companies at closing, pending regulatory approval.
Despite the overall performance and early returns of Apple Pay, there have been mounting episodes of fraud weighing down the Payments utility – meanwhile, Barry Silbert’s BIT has been approved to be publicly traded.
QuadrigaCX to Become First Publicly Traded Bitcoin Exchange
Canadian Bitcoin exchange, QuadrigaCX, has become the next Bitcoin company to announce its going public.
Starting in April, it will be listed on the Canadian Securities Exchange (CSE), the rough Canadian equivalent of the OTC markets south of the border. The CSE offers simplified reporting requirements and reduced barriers to listing. It is favored by micro cap and emerging companies.
It will be listed as Quadriga Fintech Solutions under the ticker symbol XBT, which is also commonly used to abbreviate bitcoin as a currency.
It has been a busy few days for Bitcoin companies announcing their plans to go public. Last week, Bitcoin derivatives platform Tera Exchange entered into a reverse merger with MGT Capital Investments Inc. Earlier this week, Barry Silbert’s Bitcoin Investment Trust got the nod for public listing on the OTC markets.
Despite an impressive performance since launch, Apple Pay is now reportedly failing to escape fraud–its raison d’être.
In fact, the rate of fraud with Apple Pay may be several times higher for some banks according to Cherian Abraham, a payment expert who works with banks and retailers on mobile payment strategies. It is not an anomaly to see fraud rates as high as 6% with Apple Pay for some banks, as opposed to 0.1% when credit cards are used in their traditional plastic form. The figures varied from bank to bank.
Apple Pay employs a number of features in an effort to increase security and reduce fraud. Fingerprint recognition ensures it can only be used by the phone’s owner. Payment data is encrypted and stored on an “element” separately from the rest of the phone. And a one-time code is used for every transaction to ensure merchants can’t view customer data.
The Greatest Thing for Bitcoin Since Sliced Bread? Barry Silbert’s BIT Going Public
The Bitcoin industry achieved a major milestone. Barry Silbert’s Bitcoin Investment Trust (BIT) has been approved to be publicly traded on the over-the-counter (OTC) markets.
BIT has been temporarily assigned the ticker symbol BTCV on the OTC Markets “pink sheet” site but has been approved to use GBTC as their permanent ticker.
Each share in the trust represents one tenth of a bitcoin. Thus, it is the first publicly traded bitcoin investment vehicle, beating the Winklevoss twins’ proposed Bitcoin exchange traded fund (ETF) to the finish line. Their Winklevoss Bitcoin Trust was first registered with the Securities and Exchange Commission (SEC) last year, but has yet to be approved.
BTC Media Acquires Bitcoin Magazine from Coin Publishing
MGT Capital Investments Inc. has formally entered into a letter of intent (LOI) with Tera Group Inc., the owner of regulated swap execution facility (SEF) TeraExchange LLC.
Back in October, TeraExchange, under the authorization of US derivatives watchdog CFTC, completed their inaugural bitcoin transaction. The initial trade was completed between digitalBTC, the world’s first Bitcoin-focused company to commence trading on a major stock exchange, and a hedging counterparty.
The nature of the LOI will be the issuing of MGT’s shares of common stock to the current owners of Tera, which represent 70% of the pro-forma equity of the combined companies at closing, pending regulatory approval.
Prediction Markets Hit Record $702 Million Daily Volume Amid Regulatory Pressure
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
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates