Public Companies Will Mirror Tesla’s Bitcoin Investment, Says Wealth Management Exec – Here’s Why

Dan Ives, the senior equities analyst at investment banking firm Wedbush Securities, says he expects more publicly-traded companies to jump on the Bitcoin bandwagon in the coming months.

Why companies will mirror Tesla's bitcoin strategy

Offering a fresh perspective on Tesla's Bitcoin investment strategy, Daniel Ives, Managing Director and Senior Equity Research Analyst at Wedbush Securities thinks that Tesla would “double down on The post Why companies will mirror Tesla's bitcoin strategy appeared first on AMBCrypto.

Bryan Legend and DeFi Go Together Like Stock and Bonds

Decentralized Finance (DeFi), a product of cryptocurrency’s evolution since the introduction of Bitcoin more than a decade ago is now in a position to mirror the traditional financial products and services.

Mirror Trading International Named Biggest Crypto Scam of the Year After Raking in $589 Million

Blockchain analysis firm, Chainalysis’ latest crime report has named Mirror Trading International (MTI) as the biggest cryptocurrency scam of 2020.

Twitter Exploring Whether to Follow Tesla and Invest in Bitcoin

The social media giant Twitter is considering whether to mirror Tesla’s decision to invest in Bitcoin.

Scams are driving South African authorities to regulate crypto trading

The Financial Sector Conduct Authority is demanding tighter regulatory control over cryptocurrency. South African regulators are seeking to exercise more control over cryptocurrency trading following the collapse of what was alleged to be the largest Ponzi scheme the country has ever seen. Self-proclaimed Bitcoin (BTC) trading firm Mirror Trading International was placed in provisional liquidation in December, as investors tried and failed to withdraw their funds.

Liquidators seek expanded probe of alleged South African Bitcoin scheme

Liquidators of the embattled Mirror Trading International want a deeper probe of the alleged Bitcoin multi-level marketing scheme. Less than a month after a Cape Town High Court granted a provisional order of liquidation against Mirror Trading International, the liquidators are seeking expanded powers to investigate the company and recover investor funds. According to Herman Bester, one of the four appointed liquidators, the team needs to operate across multiple jurisdictions to ascertain the full scope of MTI’s operation. The liquidators are currently attempting to trace all the company’s assets.

Liquidators of South African Bitcoin Trading Club Request Greater Probe Powers

Placed under provisional liquidation last month, Mirror Trading had claimed to be able to offer returns of 10% a month using bots to trade client's bitcoin.

MTI Bitcoins Sent to Privacy Mixers as New Data Breach Exposes the Ponzi Scheme’s Top Earners

In another twist to the Mirror Trading International (MTI) bitcoin Ponzi scam, the blockchain intelligence firm Whitestream says bitcoins from wallets associated with the company are being sent to Wasabi privacy mixers.

South African Court Grants Order to Liquidate Mirror Trading International After Investors Fail to Withdraw Their BTC

A South African High Court recently granted a provisional liquidation order against Mirror Trading International (MTI) following an application for relief by two investors who failed to withdraw their bitcoin.

CEO of MTI Bitcoin Ponzi Scheme Flees South Africa in Possible Exit Scam – Funds Blocked

In an unexpected turn of events, the management team at Mirror Trading International (MTI) now suggest that their CEO Johann Steynberg may have exit scammed.

South African Regulator’s Probe Into Mirror Trading International Unearths Previously Undeclared Losses and Missing Bitcoins

South African financial regulator, the Financial Sector Conduct Authority (FSCA), has filed criminal charges with local law enforcement against Mirror Trading International (MTI), the alleged online bitcoin trading scam.

Synthetic assets get real: competition for scalability, new markets heats up

Two new synthetic asset and derivatives platforms look to take a slice of Synthetix’s pie Synthetic assets, one of the most promising use cases for decentralized finance (DeFi), is becoming an increasingly competitive landscape as two new projects aim to bring scalability and new markets to traders.