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In 2022, Aussies reported a loss of AUD 221 million (USD 146 million) in cryptocurrency, an increase of 162.4% from the previous year, according to the announcement. This year, Swyftx has stopped AUD 3 million in customer funds from going to scammers. Source
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Australian crypto exchange Swyftx is launching a new “Earn and Learn” crypto education platform, aimed at rewarding its users for completing courses covering an array of crypto scams. The new educational platform will launch on Sept. 6 and comes amid heightened attention over crypto-related scams in Australia. Swyftx’s head of corporate
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Australian crypto exchange Swyftx is set to shutter its crypto-interest product this week, citing a “constantly changing regulatory landscape” for crypto products in the country. From Jan. 10, the crypto exchange will cease to operate the “Earn” program, with users having their entire Earn balances returned to their trade wallets.Swyftx said while
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