Over $127 million was stolen in Q3 2024 due to phishing attacks, with September alone seeing losses of $46 million. Over $127 million worth of cryptocurrencies were stolen from investors in the third quarter of 2024, with approximately $46 million lost in September. According to Web3 security firm Scam Sniffer, around 10,800 victims were impacted…
Category: forex
California passes package of laws to combat election deepfakes
California governor Gavin Newsom signed three bills aimed at battling deepfake election content while on stage at a conference in San Francisco. California Governor Gavin Newsom passed a tough new law to crack down on politically-themed artificial intelligence deepfakes during elections. It comes only weeks after Elon Musk re-posted a parody of a Kamala Harris…
Crypto ownership isn’t rising with recent market growth, Fed survey claims
Crypto ownership has not significantly risen even with the bear market over, according to the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute. According to United States Federal Reserve research, the rate of cryptocurrency ownership isn’t growing in tandem with the crypto market’s recent resurgence. “Recent growth in the [crypto] market has not been accompanied…
Key Concepts in Fundamental Analysis for Forex Traders
Trading in financial markets has become more widespread than ever thanks to the availability of the Internet and online trading platforms. The technological advances have increased the number of market participants and the available pool of investment money as a result. Nevertheless, enhancing one’s bottom line continues to be the primary goal in this age…
Bringing your business to the global stage with PETNET Forex Solutions
Now more than ever, an increasing number of companies are doing business at a global scale. Such doesn’t come easy, especially that most have been hit hard by the pandemic. Whether a startup or an established one, when it comes to focusing on achieving the large-scale business goals and vision, it truly does become daunting…
The Importance of Guidance to Getting the Best Out of Your Forex Needs
Choosing a Forex service platform can be a struggle especially with the many available options these days. How will you know that the one you choose walks the talk, and more importantly, is suited to your needs and goals? When dealing with Foreign Exchange—from local transfers to international currency payments—there are risks involved, strategies to…
Forex Trading Market Opening Times in Pakistan
The Forex market attracts traders with its profit-making potential. Although it is open 24 hours a day, 5 days a week, the question is, “Is it wise to simply trade whenever you want?” The answer, unfortunately, is “NO.” So, before you dive in, it is prudent to understand the market, its opening and closing times,…
Whats the Difference of Forex Trading Mini Lots Vs. Full-sized Lots
Whats the Difference of Trading Mini Lots Vs. Full-sized Lots in Forex. In Forex trading there’s something known as, a Mini Account, and it makes use of a special leverage calculation than a daily (100k) account. This is, as a substitute of trading full-size currency lots (100,000 units), you’ll trade in lots which can be…
Why Technical Analysis Works Good In The Forex Trading Market
The objective of performing technical analysis when currency trading is to foretell worthwhile currency pair actions by analyzing value traits. In truth, the one actual distinction between the 2 is that the Forex market is open 24 hours a day whereas the fairness markets will not be. This signifies that sure analytics that take time…
Why You Should Trade FOREX Over Other Investments in Trading
Until just lately, FOREX was the area of the banking fraternity (massive banks can trade billions of {dollars} every day), and the elite in financial and enterprise circles. But now it’s potential for the common particular person to be part of this unbelievable and really worthwhile manner of constructing a residing, due to the non-public…