TRM Labs partners with Australian crypto exchange Swyftx to combat fraud

ChainCatcher news, according to CoinDesk, blockchain analytics firm TRM Labs has partnered with Australian cryptocurrency exchange Swyftx to combat fraud in the country.

The program will be trialed globally for the first time, with Australian crypto users who activate two-factor authentication on their cryptocurrency accounts receiving Bitcoin worth AUD 10 (approximately USD 6.6). The announcement stated that the trial will test the impact of rewarding crypto customers for protecting their accounts and educating themselves on how to avoid fraud on the levels of investment fraud. The first 2,000 customers who enable two-step verification on their accounts and complete a course co-created with TRM Labs will receive rewards from Swyftx.