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Swyftx Review: Australia’s Low-Fee Crypto Exchange

Since its operational launch in 2019, Swyftx has rapidly established itself as a dominant force in Australia’s cryptocurrency exchange landscape. Founded by Alex Harper and Angus Goldman, the Brisbane-based platform has distinguished itself through competitive fee structures, Australian dollar-denominated trading, and robust regulatory compliance. Catering to both novice and experienced traders, Swyftx combines user-friendly design with comprehensive features, positioning it as a top choice for digital asset investment down under.

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$450M Crypto Scam: NZ Man Arrested in Global Fraud Case

A Wellington man has been arrested in connection with a $450 million (NZD) crypto theft spanning March to August 2024. The U.S. DOJ filed federal charges, including racketeering (RICO Act), wire fraud conspiracy, and money laundering. The accused, granted interim name suppression, is one of 13 individuals involved in a cross-border scheme that defrauded seven victims. Stolen funds were allegedly laundered through crypto platforms and spent on luxury items like exotic cars and designer goods. New Zealand and U.S. authorities collaborated in the investigation, with further arrests expected. The case highlights rising crypto scams, including a separate $92.5 million DeFi hack in April 2025.

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Global Markets React to Trump’s Tariff Comments and BOJ Rate Hike

Global shares rose as President Trump hinted at a softer tariff stance on China, boosting Chinese stocks and non-dollar currencies. The Bank of Japan raised interest rates, strengthening the yen, while the U.S. dollar faced its worst weekly loss in two months amid cautious investor sentiment. Oil prices remained under pressure as Trump called for lower global oil prices.

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Stock Futures Rise as Markets React to Year-End Selloff

US and European stock futures rose, signaling a potential recovery after a year-end selloff, with technology stocks expected to lead gains. In Asia, Chinese equities fell amid concerns over economic slowdown and potential US tariffs, while the dollar weakened against major currencies. Oil prices increased as US crude stockpiles continued to decline, and gold also saw a rise.

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