How Did the $35 Million Transfer Happen? A federal judge in Seattle has sentenced former startup chief financial officer Nevin Shetty to two years in prison after he was convicted of wire fraud tied to a cryptocurrency investment scheme involving company funds. According to the U.S. Department of Justice, Shetty secretly diverted roughly $35 million [...]
The precious metal came under pressure this week as the Middle East conflict sent oil prices surging and fueled inflation concern.
Prague-based crypto prop trading firm Mubite is officially expanding into the United Kingdom and the United States. The expansion gives traders access to real exchange liquidity (Binance and ByBit), fast account setup, funded accounts up to $200,000, profit splits of up to 90%, instant payouts, and multiple funding paths tailored to different trading styles. With transparent rules, strong trader support, and a long-term scaling model up to $1,000,000, Mubite continues to position itself as a serious global player in crypto prop trading.Prague, Czech Republic, March 06, 2026 (GLOBE NEWSWIRE) -- Mubite, one of Europe’s fastest-growing crypto prop trading firms, has introduced a new trading infrastructure through its integration with cleo.finance, enabling a streamlined simulated trading environment for traders worldwide.After building a strong presence across Europe and Asia, Mubite continues expanding its ecosystem with a platform designed to provide traders with a seamless experience and access to Mubite’s industry-leading funding programs.Through the integration with cleo.finance, traders globally can access Mubite’s core features including instant funding, one-step or two-step challenges, and a fully integrated simulated crypto prop trading environment.What Traders Can Expect from MubiteTraders participating through Mubite’s platform can benefit from:Simulated funded accounts ranging from $5,000 to $200,000Industry-leading profit split of up to 90/10 (90% to the trader)Fast payouts, with many processed within 4 hours, available 24/7 in crypto and fiatNo hidden fees, no recurring costs, and no minimum trading days on most challengesFull support via live chat and the Mubite Discord communityMubite’s platform and website available in 12 languagesTransparent trading rules designed to create a fair trading environment The cleo.finance integration enables a seamless, automated experience for global traders, including easy account setup, automated credential creation, and real-time simulated market access.Mubite: Built for TradersAt its core, Mubite is focused on creating opportunities for skilled traders to demonstrate performance within a structured environment.Through its programs, traders can access simulated capital allocations up to $200,000, with the ability to retain up to 90% of simulated profits based on performance metrics.Rather than requiring traders to commit significant personal capital, Mubite’s model allows traders to focus on strategy development, consistency, and disciplined risk management within a simulated trading environment.Three Ways to Get FundedMubite offers three pathways to funding for traders:Classic Two-Step ChallengeA structured evaluation where traders demonstrate profitability and risk management across two stages.Simplified One-Step ChallengeA streamlined evaluation designed to accelerate the funding process.Instant FundingTraders can bypass evaluations entirely and gain access to simulated capital allocations immediately after identity verification. All programs operate under Mubite’s transparent trading rules, including defined drawdown limits and clearly structured risk parameters.Profit withdrawals are available weekly, with many requests processed the same day.Crypto Tournaments and CommunityMubite regularly organizes crypto prop trading tournaments designed to bring traders together to compete, learn, and refine their strategies.These events often include:Educational webinarsMentorship sessionsStrategy discussionsRisk management tools such as position-size control and drawdown monitoring Following successful events in Prague, Mubite plans to expand tournaments to additional regions including Dubai, Asia, and other global trading hubs in 2026.Performance-Based ScalingMubite’s structured scaling plan, allows traders to progressively increase their simulated capital allocation based on performance. Traders demonstrating consistent profitability and disciplined risk management may scale their accounts up to $1,000,000 in simulated capital allocation, enabling long-term development of professional trading strategies.Fast Support and Transparent OperationsMubite emphasizes operational transparency and trader support.The firm provides:Active support through Discord, email, and live chatFast payout processingClear trading rules and platform documentation These efforts have helped Mubite build a strong reputation within the global trading community.A Prague-Based Firm with Global ReachHeadquartered in Prague, Mubite has attracted traders from more than 50 countries.The integration with cleo.finance strengthens Mubite’s infrastructure, enabling traders worldwide to access Mubite’s simulated trading environment through a streamlined and user-friendly platform.The Next Phase of Mubite’s VisionMubite continues developing its ecosystem with several initiatives planned for the coming year:Expansion of trading tournaments and community eventsLaunch of the Mubite Academy, focused on trading psychology, strategy, and risk managementGrowth of Mubite’s global affiliate networkStrategic partnerships with trading educators and communities The firm’s long-term vision is to build a comprehensive environment where traders can develop professional-level skills and demonstrate consistent performance.Ready to take your trading career to the next level? Start your journey with Mubite today and discover why this Czech-born firm is making waves globally in the world of crypto prop trading.Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Investing involves risk, including the potential loss of capital. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.CONTACT: Petr Andreassupport(at)mubite.com
Ghana’s attempt to increase how much it earns from its gold industry has opened an intense debate that now stretches beyond Parliament and into global diplomacy. The country, Africa’s largest gold producer, is proposing a significant change to the royalties paid by mining companies for extracting gold from its soil. Government officials argue that the […]
Luca Mining (TSXV: LUCA; US-OTC: LUCMF) is reporting high-grade gold mineralization below existing workings that could expand the resource and output at its Tahuehueto mine in Mexico. Drill hole DDH26-SU-01...The post Luca drills 14g gold that may grow Mexico mine appeared first on The Northern Miner.
The latest employment report reveals a decrease in nonfarm payrolls and a rise in the unemployment rate, prompting questions about the stability of the U.S. labor market. The report points to declines in several sectors, including healthcare and construction, while productivity gains fueled by AI add further complexity. This multifaceted situation may lead the Federal Reserve to reconsider its approach as economic conditions evolve.
A nationwide ban on drinking alcohol at official banquets, an economic slowdown that has cut expense account boozing, and the more health-conscious habits of a young generation have hurt.
LONDON, March 6 (Reuters) – South Africa’s central bank will redraft its risk scenarios for its next rate-setting policy meeting as the widening Middle East conflict pushes up oil prices, the country’s central bank governor told Reuters. The central bank is scheduled to decide on March 26 on interest rates after keeping its main lending [...]The post South Africa central bank to redraft risk scenarios as Iran war boosts oil price appeared first on Ghanamma.com.