Also, Greengage's e-money service and Wintermute as ETC Group's liquidity provider.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Dormant Address Containing 1,000 BTC Rises after 12 Years
A dormant address containing
1,000 Bitcoin (BTC) has been activated after 12 years, Whale Alert, a renowned
blockchain tracking and analytics platform, disclosed on
Monday. At the current market price of $27,425.77 per BTC, according to
CoinMarketCap data, 1,000 BTC is worth $27.4 million.
Anonymous BTC creator, Satoshi
Nakamoto, disappeared from public view in 2010 after posting on the BitcoinTalk Forum for the last time on December 13th of that year. A year after this was
the last time the newly activated BTC address was last active.
Dukascopy Introduces Chart
Migration to Trading Platforms
Dukascopy’s trading clients can
now transfer chart objects created in JForex3, the older proprietary trading
platform of the Geneva-based forex and CFDs broker to the newer JForex4 trading
platform. The Swiss online trading and banking provider announced the new feature on Tuesday.
According to the broker, its
clients can move drawings, retracement tools, patterns and indicators from the
old to the new platforms. This can be achieved by saving each chart as a chart
platform in the old platform and being opened in the new one.
The new feature comes three
months after Dukascopy introduced two new indices, the Volatility Index (VOL.IDX) and the South
Africa Top 40 Index (SOA.IDX), to its MetaTrader 4 users.
Super.com Wants to Become Financial
Super App
Hussein Fazal, the CEO of Super.com
Super.com,
a comprehensive savings platform, has recently raised $85 million in debt and
equity funding to expand its services and create a super app similar to WeChat.
The Series C funding round includes $60 million in equity investment led by Inovia
Capital, alongside several angels who have contributed to the funding at a
'significantly' higher valuation than the 2021 Series B.
Additionally, the company has obtained a credit facility of $25 million.
"Super.com's
diversified business model now drives savings across all facets of our
customers' lives, from travel to fintech. It's great to see market excitement
match our own as we rapidly build the first savings super app focused on
everyday Americans," Hussein Fazal, the CEO of Super.com, said.
10 Brokers Face SFC Action
for Scam
The SFC has
taken action against a social media scam related to a HK-listed company. 10
brokers, including China Industrial Securities International Brokerage Limited
and Quam Securities Limited, are prohibited from disposing or dealing with
assets in 31 trading accounts without SFC's written consent until June 2022.
The brokers cannot assist or counsel others to dispose of assets up to a
certain amount.
In a social
media ramp-and-dump scam, fraudsters manipulate stock prices by inflating them
and inducing investors via social media channels to buy the shares artificially
high before dumping them.
The full
list of companies: China Industrial Securities International Brokerage Limited,
Quam Securities Limited, Futu Securities International (Hong Kong) Limited,
Imperium International Securities Limited, Lego Securities Limited, Phillip
Securities (Hong Kong) Limited, Silverbricks Securities Company Limited, uSmart
Securities Limited, Valuable Capital Limited and Webull Securities Limited
Gibraltar Court Hunts for
Missing $43M from Globix
Several
prominent cryptocurrency exchanges, including Bitstamp, Kraken, and Crypto.com,
have been directed by a Gibraltar court to freeze accounts associated with
bankrupt crypto trader Globix. The company's liquidators have obtained a court
order to recover $43 million in missing funds.
Earlier,
the same court had issued a similar order prohibiting Binance exchange from
withdrawing or transferring digital assets from wallets linked to Globix.
Globix had
offered automated trading strategies to investors, matching tokens to
portfolios based on their risk profile. However, the decline in digital assets
during last year's cryptocurrency winter resulted in the service's failure.
BDSwiss Onboards New Chief Market Strategist MENA
BDSwiss announced hiring Mazen Salhab as the broker's new Chief Market Strategist for the Middle East and North Africa (MENA) region. He will prepare financial market analysis reports and keep clients updated on the latest market movements.
Mazen Salhab, Chief Market Strategist MENA at BDSwiss
He is a forex and CFDs industry insider and previously worked with Swissquote and MultiBank Group.
"The experience he has gathered over the past decade is invaluable and will support our growth plans in the MENA region," said Abdulghani Khattab, BDSwiss' Head of Marketing MENA. "We have significant plans to rapidly expand globally but especially in the Middle East we're pleased that Mazen is on board to help us with this mission."
XS.com Names Global Head of PR and Branding
FX/CFDs broker XS.com expanded its team further with the latest onboarding of Despina Iapon as the new Head of PR and Branding. She joined the new role from FXPro and brought years of experience in her field.
Despina Iapon, Global Head of PR and Branding at XS.com
"I am committed to leveraging my experience and expertise to develop and execute a comprehensive PR and branding strategy that will help us attract and retain traders, differentiate ourselves from competitors, and drive growth," Iapon said.
XS.com, based in Australia and Cyprus, also onboarded several other executives recently. It recently added Mohamad Ibrahim as the Group CEO, Ahmed Negm as the Head of Market Research for MENA, and Stephanie Michael as the Global Head of HR.
"Despina’s extensive experience and expertise in PR and branding will be invaluable as we continue to build our brand, engage with our traders and partners, and accelerate our growth," said Ibrahim. "Effective branding and PR will help us to continue to expand XS.com by attracting new investors, increasing customer loyalty, and building further on the already strong reputation we have developed in the market."
Mauritius Warns against Match CFD
Mauritius' regulator, the Financial Services Commission (FSC) issued a warning against Match CFD for falsely claiming to hold an FSC-issued Full Broker Dealer License.
Match CFD offers trading services with CFDs instruments and mainly targets Arab-speaking traders: its website is only in Arabic.
"The FSC hereby informs the public that Match CFD and/or any other individuals or representatives or promoter groups operating under this name are not and have not, at any point in time, been licensed and regulated by the FSC," the Mauritius regulator stated.
"The FSC, therefore, urges members of the public to exercise caution in their dealings with Match CFD and any other individuals and/or entities allegedly claiming to be licensed/authorized/registered by the FSC."
Greengage Launches E-Money Service
UK-based digital merchant banking firm, Greengage, has launched e-money accounts service facilitating GBP and EUR payments and cards, targeted at SMEs, HNWs, and digital asset firms.
The company offers dedicated relationship management and a range of B2B lending partner providers, including traditional and digital funding sources.
"We’re delighted to launch our core e-money account service which provides a compelling proposition for innovative companies who struggle to find accounts or appropriate support from traditional banking services," said Greengage's CEO, Sean Kiernan.
"Greengage’s goal is to consistently be the best-in-class and we have exciting plans to add more advanced technology solutions for entrepreneurs and SMEs of all stripes, as well as to offer additional service innovation under a full banking licence in the coming years."
ETC Group Selects Wintermute for Crypto ETP Liquidity
ETC Group, a provider of digital asset-backed securities in Europe, selected Wintermute as the primary liquidity provider for its newest product, the MSCI Digital Assets Select 20 ETP (DA20).
The newly created ETP is aimed at institutional market participants and provides unique diversified exposure to digital assets. It is based on the MSCI index and will be physically backed, with Komainu as the primary custodian.
"This ETP presents an opportunity for investors to diversify their portfolio while familiarizing themselves with crypto as an asset class," said Evgeny Gaevoy, the CEO and Co-Founder of Wintermute. "Additionally, by leveraging our ability to offer competitive liquidity for high-volume crypto trades, investors will know that they are able to best take advantage of any market presented by the DA20."
Dormant Address Containing 1,000 BTC Rises after 12 Years
A dormant address containing
1,000 Bitcoin (BTC) has been activated after 12 years, Whale Alert, a renowned
blockchain tracking and analytics platform, disclosed on
Monday. At the current market price of $27,425.77 per BTC, according to
CoinMarketCap data, 1,000 BTC is worth $27.4 million.
Anonymous BTC creator, Satoshi
Nakamoto, disappeared from public view in 2010 after posting on the BitcoinTalk Forum for the last time on December 13th of that year. A year after this was
the last time the newly activated BTC address was last active.
Dukascopy Introduces Chart
Migration to Trading Platforms
Dukascopy’s trading clients can
now transfer chart objects created in JForex3, the older proprietary trading
platform of the Geneva-based forex and CFDs broker to the newer JForex4 trading
platform. The Swiss online trading and banking provider announced the new feature on Tuesday.
According to the broker, its
clients can move drawings, retracement tools, patterns and indicators from the
old to the new platforms. This can be achieved by saving each chart as a chart
platform in the old platform and being opened in the new one.
The new feature comes three
months after Dukascopy introduced two new indices, the Volatility Index (VOL.IDX) and the South
Africa Top 40 Index (SOA.IDX), to its MetaTrader 4 users.
Super.com Wants to Become Financial
Super App
Hussein Fazal, the CEO of Super.com
Super.com,
a comprehensive savings platform, has recently raised $85 million in debt and
equity funding to expand its services and create a super app similar to WeChat.
The Series C funding round includes $60 million in equity investment led by Inovia
Capital, alongside several angels who have contributed to the funding at a
'significantly' higher valuation than the 2021 Series B.
Additionally, the company has obtained a credit facility of $25 million.
"Super.com's
diversified business model now drives savings across all facets of our
customers' lives, from travel to fintech. It's great to see market excitement
match our own as we rapidly build the first savings super app focused on
everyday Americans," Hussein Fazal, the CEO of Super.com, said.
10 Brokers Face SFC Action
for Scam
The SFC has
taken action against a social media scam related to a HK-listed company. 10
brokers, including China Industrial Securities International Brokerage Limited
and Quam Securities Limited, are prohibited from disposing or dealing with
assets in 31 trading accounts without SFC's written consent until June 2022.
The brokers cannot assist or counsel others to dispose of assets up to a
certain amount.
In a social
media ramp-and-dump scam, fraudsters manipulate stock prices by inflating them
and inducing investors via social media channels to buy the shares artificially
high before dumping them.
The full
list of companies: China Industrial Securities International Brokerage Limited,
Quam Securities Limited, Futu Securities International (Hong Kong) Limited,
Imperium International Securities Limited, Lego Securities Limited, Phillip
Securities (Hong Kong) Limited, Silverbricks Securities Company Limited, uSmart
Securities Limited, Valuable Capital Limited and Webull Securities Limited
Gibraltar Court Hunts for
Missing $43M from Globix
Several
prominent cryptocurrency exchanges, including Bitstamp, Kraken, and Crypto.com,
have been directed by a Gibraltar court to freeze accounts associated with
bankrupt crypto trader Globix. The company's liquidators have obtained a court
order to recover $43 million in missing funds.
Earlier,
the same court had issued a similar order prohibiting Binance exchange from
withdrawing or transferring digital assets from wallets linked to Globix.
Globix had
offered automated trading strategies to investors, matching tokens to
portfolios based on their risk profile. However, the decline in digital assets
during last year's cryptocurrency winter resulted in the service's failure.
BDSwiss Onboards New Chief Market Strategist MENA
BDSwiss announced hiring Mazen Salhab as the broker's new Chief Market Strategist for the Middle East and North Africa (MENA) region. He will prepare financial market analysis reports and keep clients updated on the latest market movements.
Mazen Salhab, Chief Market Strategist MENA at BDSwiss
He is a forex and CFDs industry insider and previously worked with Swissquote and MultiBank Group.
"The experience he has gathered over the past decade is invaluable and will support our growth plans in the MENA region," said Abdulghani Khattab, BDSwiss' Head of Marketing MENA. "We have significant plans to rapidly expand globally but especially in the Middle East we're pleased that Mazen is on board to help us with this mission."
XS.com Names Global Head of PR and Branding
FX/CFDs broker XS.com expanded its team further with the latest onboarding of Despina Iapon as the new Head of PR and Branding. She joined the new role from FXPro and brought years of experience in her field.
Despina Iapon, Global Head of PR and Branding at XS.com
"I am committed to leveraging my experience and expertise to develop and execute a comprehensive PR and branding strategy that will help us attract and retain traders, differentiate ourselves from competitors, and drive growth," Iapon said.
XS.com, based in Australia and Cyprus, also onboarded several other executives recently. It recently added Mohamad Ibrahim as the Group CEO, Ahmed Negm as the Head of Market Research for MENA, and Stephanie Michael as the Global Head of HR.
"Despina’s extensive experience and expertise in PR and branding will be invaluable as we continue to build our brand, engage with our traders and partners, and accelerate our growth," said Ibrahim. "Effective branding and PR will help us to continue to expand XS.com by attracting new investors, increasing customer loyalty, and building further on the already strong reputation we have developed in the market."
Mauritius Warns against Match CFD
Mauritius' regulator, the Financial Services Commission (FSC) issued a warning against Match CFD for falsely claiming to hold an FSC-issued Full Broker Dealer License.
Match CFD offers trading services with CFDs instruments and mainly targets Arab-speaking traders: its website is only in Arabic.
"The FSC hereby informs the public that Match CFD and/or any other individuals or representatives or promoter groups operating under this name are not and have not, at any point in time, been licensed and regulated by the FSC," the Mauritius regulator stated.
"The FSC, therefore, urges members of the public to exercise caution in their dealings with Match CFD and any other individuals and/or entities allegedly claiming to be licensed/authorized/registered by the FSC."
Greengage Launches E-Money Service
UK-based digital merchant banking firm, Greengage, has launched e-money accounts service facilitating GBP and EUR payments and cards, targeted at SMEs, HNWs, and digital asset firms.
The company offers dedicated relationship management and a range of B2B lending partner providers, including traditional and digital funding sources.
"We’re delighted to launch our core e-money account service which provides a compelling proposition for innovative companies who struggle to find accounts or appropriate support from traditional banking services," said Greengage's CEO, Sean Kiernan.
"Greengage’s goal is to consistently be the best-in-class and we have exciting plans to add more advanced technology solutions for entrepreneurs and SMEs of all stripes, as well as to offer additional service innovation under a full banking licence in the coming years."
ETC Group Selects Wintermute for Crypto ETP Liquidity
ETC Group, a provider of digital asset-backed securities in Europe, selected Wintermute as the primary liquidity provider for its newest product, the MSCI Digital Assets Select 20 ETP (DA20).
The newly created ETP is aimed at institutional market participants and provides unique diversified exposure to digital assets. It is based on the MSCI index and will be physically backed, with Komainu as the primary custodian.
"This ETP presents an opportunity for investors to diversify their portfolio while familiarizing themselves with crypto as an asset class," said Evgeny Gaevoy, the CEO and Co-Founder of Wintermute. "Additionally, by leveraging our ability to offer competitive liquidity for high-volume crypto trades, investors will know that they are able to best take advantage of any market presented by the DA20."
73% of Young Investors Say Traditional Wealth Building Is Broken – Here’s How They Trade Instead
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
