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Understanding the Nature of Forex Scams

As the name implies, a scam is a deceptive scheme designed to steal your money. This strategy is not exclusive to any specific industry; it's a real threat even within the trading and financial sectors. Among the numerous scams out there, forex trading scams have gained notoriety. There are many ways these schemes operate, and while the methods may vary, the primary goal remains the same: to rob you of your hard-earned cash. Spotting Scams in an Influencer's Promises One of the most common strategies scammers use includes social media

CoinSmart Announces Acquisition by Coinsquare, Creating one of Canada’s Largest Crypto Asset Trading Platforms

TORONTO, Sept. 22, 2022 /CNW/ - CoinSmart Financial Inc. ("CoinSmart" or the "Company") (NEO: SMRT) (FSE: IIR), announced today that it has entered into a definitive agreement dated September 22, 2022 (the "Purchase Agreement") with Coinsquare Ltd. ("Coinsquare"), a leading Canadian crypto asset trading platform, pursuant to which CoinSmart has agreed to sell to Coinsquare all of the issued and outstanding shares of its wholly-owned operating subsidiary Simply Digital Technologies Inc. ("Simply Digital") (the "Transaction"). The acquisition and integration of these two businesses will establish Coinsquare as one of Canada's

Top 10 Web3 and Blockchain Infrastructure startups to observe in 2022

Since the crypto market switched from bull to bear trend in 2022, many active crypto VC investors slowed down investment activities and took a step back to adjust the risks and re-consider investment focus. And many of them, even those who invested in gamefi startups during play-to-earn hype, started looking precisely at more solid tech projects, specifically blockchain and web3 infrastructure projects. What is web3 and blockchain infrastructure about? By web3 infrastructure startups, we mean the enabling technologies, tools and solutions that developers need to build and operate decentralized applications

Spirit Blockchain Capital Inc. Announces setting up its first Avalanche Validator Node.

VANCOUVER, British Columbia, September 06, 2022 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc. (the “Company” or “Spirit”), a Canadian company that offers shareholders diversified exposure to the Blockchain and crypto industry, is pleased to announce that it has made an investment in AVAX and has setup its own validator node to help secure the Avalanche network. Avalanche is one of the world’s most decentralized high-performance blockchains and continues to experience rapid growth. The Avalanche network is a Proof-of-Stake (PoS) smart contract platform that is focused on scalability and offers fast

GBA Launches New Blockchain Assessment Methodology

Washington, DC, July 23, 2022 – The Government Blockchain Association (GBA) has published the Blockchain Maturity Model (BMM) Assessment Requirements. This is the second published document in the BMM Series. Why is the GBA establishing the Blockchain Maturity Model? “Organizations around the world are beginning to acquire blockchain solutions. The problem is they do not have the knowledge or framework to distinguish between a reliable solution and a hyped prototype.” stated Gerard Dache, Executive Director of the Government Blockchain Association. He continued, “the BMM helps vendors demonstrate their credibility to