Cerus Markets is excited to launch its Mobile Trading App Giveaway!
Announcing an upcoming release of its trading platform, Cerus Markets is excited to offer traders an opportunity to be the first to access its Mobile Trading App and take a chance to win a share of $10,000 in cash.
Cerus Markets is a regulated crypto broker offering a revolutionary way to trade digital assets. With its Mobile Trading App, traders will be able to access derivatives that allow speculation on major global Stocks, Commodities and Metals trading paired against currencies and crypto – all with zero fees and leverage up to 100:1.
To register for the Giveaway, visit cerus.app, sign up for the waitlist and download the trading app once it becomes available.
A total of three winners will be chosen at random and announced via email and social media. $5,000 is awarded to the first winner, $3,000 to the second and $2,000 to the third.
Cerus Markets Limited is a multi-asset broker authorized and regulated by the Labuan Financial Service Authority. Cerus Markets represents a new type of global brokerage providing access to cryptocurrencies, forex, stocks and commodities all from one trading platform – all without fees. Users can access from their mobile device or web browser, and never miss a trade.
Cerus Markets’ goal is to enable market access for all trading levels, therefore there are no entry fees that allow traders to place positions on multiple digital assets with as little as $50.
Mastercard, a multinational financial services corporation, has jumped on the NFT bandwagon. Non-fungible tokens (NFT) have continued to gain popularity among mainstream industries. The most recent addition to the NFT world is the global payments leader.
Related Reading | Visa Describes NFTs As Promising Means To Engage With The Fans
On Thursday, September 16, the company announced that it had created its first-ever NFT in partnership with the renowned football coach José Mourinho, who is also a Mastercard global ambassador. This unique NFT is an animated digital football with José’s signature on one of the panels.
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The company’s U.K. branch made this announcement. It included a raffle for cardholders in the United Kingdom to win the company’s first NFT.
According to the company, the experience will be in English and is free to book, and is available until September 30. Cardholders based in the U.K. can sign up from now till that date for a chance to win.
Additionally, only one winner will be selected as there will be only one NFT. Details of how to receive the NFT will be shared by Mastercard’s sponsorship team, via email after the prize draw.
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The NFT will be hosted on a server owned by the company and backed by their proprietary technology.
MasterCard And Its Digital Assets Journey
The Financial Services company entered the crypto space last year. Since then, it has made big moves in crypto and blockchain integrated services. The company acknowledged that digital assets are becoming a more important part of the payments world.
Related Reading | Real Adoption: How Will Mastercard’s Crypto Acceptance Affect Bitcoin Price?
In 2020, Mastercard announced the expansion of its cryptocurrency program, making it simpler and faster for partners to bring secure, compliant payment cards to market. This effort was to aid adoption and create innovative experiences in the crypto space. The company teamed up with Wirex and BitPay to create crypto cards that allow people to transact using their cryptocurrencies.
In a bid to make crypto more accessible to everyone, in March 2021, Mastercard and Wirex officially launched the Mastercard debit card in the U.K. and EEA, as well as the rewards program across the globe.
Total crypto market cap rises to $2.17 Trillion | Source: Crypto Total Market Cap from TradingView.com
In July this year, Mastercard announced the launch of a corporate program, Start Path, for Blockchain and crypto startups. Start Path started with seven global crypto and digital assets startups that focused on solving a unique industry challenge. It has a location in every region.
Still, in July, it announced the creation of a simplified payments card offering for cryptocurrency companies. It said that it will “enhance its card program for cryptocurrency wallets and exchanges, making it simpler for partners to convert cryptocurrency to traditional fiat currency.”
Related Reading | Mastercard Furthers Investment Into Crypto Card Integration
Also, just this month, the company made a big bet on crypto by buying blockchain analytics startup CipherTrace. On September 9, the payments giant announced it entered into an agreement to buy CipherTrace for an undisclosed amount.
“Digital assets have the potential to reimagine commerce, from everyday acts like paying and getting paid to transforming economies, making them more inclusive and efficient,” said Ajay Bhalla, president, Cyber & Intelligence at Mastercard. “With the rapid growth of the digital asset ecosystem comes the need to ensure it is trusted and safe. Our aim is to build upon the complementary capabilities of Mastercard and CipherTrace to do just this.”
The creation of this NFT is Mastercard’s most recent move in the digital assets space.
Other financial services providers are also making moves in the space. Last month, Visa purchased its first NFT. It later went on to release its NFT whitepaper.
Featured image by Mastercard's priceless.com, Chart by TradingView.com
The mayor of Cool Valley, Missouri said he was exploring giving more than $1 million in Bitcoin to the city’s 1,500 residents.
In a Thursday interview with St. Louis news outlet KSDK, Mayor Jayson Stewart said he wanted to see “every single household in my city receive some level of Bitcoin.” Stewart said the funds would likely come from some “very supportive donors” but did not rule out using money from the government’s pandemic relief response to launch the venture.
The mayor did not specify how much Bitcoin (BTC) the city would be able to distribute to each resident, but suggested it could be any amount up to $1,000 — roughly $1.5 million, or more than 30 BTC at the time of publication. However, he also hinted the funds could require Cool Valley residents to HODL for five years.
“My number one concern is that someone just sells their Bitcoin to pay their car note, and then when Bitcoin is sitting at like $500,000 all these years later, they’re going to really regret that,” said Stewart.
“I feel that fundamentally, this is the best way to meet [everyone’s] basic needs — to get Bitcoin into the hands of people who can use it the most.”
Stewart’s Bitcoin initiative is similar to that proposed by Andrew Yang, a candidate in the 2020 U.S. presidential election. Yang supported giving every American $1,000 a month in universal basic income, or UBI. Though he failed to receive the Democratic party nomination, UBI was often in the media spotlight and had seemingly strong support.
Related:NYC’s mayoral frontrunner pledges to turn city into Bitcoin hub
Lawmakers in other U.S. cities have also taken a pro-crypto policy stance. Francis Suarez, the mayor of Miami since 2017, has proposed allowing residents to pay taxes with Bitcoin and said he was aiming for the city to have the “most progressive crypto laws.”
As data from Cointelegraph Markets Pro shows, the price of Bitcoin is $48,710 at the time of publication, having briefly risen to more than $49,000 earlier today.
The United States Federal Trade Commission has found that crypto scammers’ profits spiked in the last two months, noting a surge in fraudulent impersonators posing as prominent figures associated with digital assets, such as Elon Musk.
The findings report that cryptocurrency investment scams rose sharply in October 2020 as the impacts of coronavirus pandemic and lockdown deepened, with nearly 7,000 people reporting losses of more than $80 million to digital asset scams over the six months that followed.
The FTC’s Consumer Sentinel notes many of the thefts arose from giveaway scams where con artists pose as celebrities or crypto influencers and falsely promise to multiply cryptocurrency deposits sent to their wallet. More than $2 million in digital assets were to Elon Musk impersonators over the past six months.
The data shows an overall increase in losses to crypto scams by roughly twelve times year-over-year. The median loss reported by victims has also spiked nearly 1,000% to $1,900 in 12 months.
On May 11, Business Insider reported that fraudsters took advantage of the Tesla CEO’s appearance on the Saturday Night Live show on May 8 to pocket $5 million worth of DOGE.
The report asserts scammers set up fraudulent live streams on YouTube targeting viewers searching for “Elon Musk SNL.” These bogus broadcasts promoted links to spurious websites that viewers could purportedly visit to receive Dogecoin, with one claiming: “Elon Musk has devoted 500,000,000 DOGE to be distributed to all DOGE holders. Anybody can get some, just visit the website.”
Victims were asked to transfer DOGE to a fake address to double their holdings. As of Sunday, May 9, the FTC identified scam addresses that had received about 9.7 million Dogecoin worth $5 million.
The FTC noted that individuals aged 20-to-49 are five times more likely than older age groups to report losing money in a cryptocurrency investment scam. Those in their 20s and 30s lost more money to investment scams than any other form of fraud over the six months, with more than half of their investment scam losses in crypto assets.