Bank of Malaysia warns about fake crypto certificates

Bank Negara Malaysia issues a warning about fake cryptocurrency consultant degree certificates with their logo
02 April 2018   514

The rising popularity and increasing adoption of cryptocurrencies has opened a lot of new study venues. Cryptocurrency-related courses are popping up in universities all over the world. And, as usual, there are people who try to profit from it.

In Malaysia fake certificates of degree as a “Certified Crypto Asset Consultant” has been sighted. It's especially irritating for the Central Bank of Malaysia (BNM), because their stamps and logo, alongside ones from University of Malaysia, are on these fake degree papers.

Apparently, these certificates has been used for quite a while to fool businesses and employers, who are looking for specialists in field of digital asset investments.

“BNM does not recognise these certificate holders who use such documentation in offering consultation services. Members of the public are advised to verify the validity of any certification programme before registering”, said the representative of Central Bank of Malaysia.

The bank reminds everyone, who has been presented with aforementioned certificates, that it's important to verify the authenticity of the documents, before agreeing on services of such specialists.

Raven Protocol to be the First IDO at Binance DEX

Team cannot say exactly how IEO will pass, since similar campaigns hadn't been concluded at Binance DEX before, but they are going to sell $500k worth tokens
14 June 2019   332

The Raven Protocol cryptocurrency project announced about the planned initial exchange offering (IEO), which will be based on the infrastructure of the Binance DEX exchange - in this case the campaign will be called IDO or Initial Dex Offering.

Raven Protocol confirmed the right to list its token on Binance DEX paired with BNB on June 17 at 9:00 UTC. At the same time, the IDO of RAVEN tokens will start. The project draws attention to the fact that neither Binance, nor Binance Chain, nor Binance DEX stand behind this initiative.

At the same time, Raven Protocol notes that it cannot say how exactly IEO will pass, since with Binance DEX, similar campaigns have not been conducted before.

Potential participants need to pass a preliminary identification by sending to the address of founders@ravenprotocol.com their address in the Binance Chain, an identity document, a selfie and proof of residence.

In total, Raven Protocol expects to raise $ 500,000 by selling 3% of its own token emission (300,000,000 RAVEN). Accommodation will be on a first come, first served basis. The limit on the amount of investment for one user is declared at the level of 100 BNB.