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   495

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.

Binance DEX to Launch Trading

Mithril is the first asset, that is trading on new platform; also, the exchange presented the listing rules for assets
25 April 2019   83

Binance DEX announced the start of trading in the Mithril token (MITH) together with Binance Coin (BNB). This is the first asset in the listing site.

At the same time, the exchange presented the listing rules for assets. So, anyone can release a token on the Binance Chain, but listing it to the marketplace takes place in several stages.

First of all, the issuer must place a listing application on the Binance Chain community forum, providing answers to a number of questions relating to the innovativeness of the project, its scope and other characteristics.

After that, the issuer must make a deposit in the amount of 1,000 BNB within two days, which will be returned later. Note that the listing of an asset on Binance DEX must be approved by at least half of the validators.