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Cover Protocol Attack Perpetrated by ‘White Hat,’ Funds Returned, Hacker Claims
28.12.2020
The decentralized finance (DeFI) insurance project Cover Protocol was hacked earlier Monday in an infinite printing scheme, causing the price of the Cover token to plunge. Hours later, a so-called ‘white hacker’ claimed responsibility for the attack, saying all funds had been returned....
Bitcoin Hits $500K on Russian Crypto Exchange After Hackers Take Control — Users Cry Exit Scam
26.12.2020
Cryptocurrency trading platform Livecoin claims that it has been hacked after the crypto community noticed the price of bitcoin shoot up to half a million dollars. Meanwhile, users are complaining that they cannot withdraw their funds, suspecting the exchange of pulling an exit scam. $500K...
UK Crypto Exchange EXMO Says $4M of Hacked Funds Was Through Poloniex
25.12.2020
Cryptocurrency exchange EXMO said an estimated $4 million of the cryptocurrency stolen during a hack on Dec. 21 was through the exchange Poloniex. Read more: Crypto Exchange EXMO Says Hackers Have Stolen 5% of Total Assets
Exmo hackers withdraw part of stolen funds via Poloniex, exchange confirms
25.12.2020
About $4 million of crypto stolen in Exmo hack was allegedly withdrawn through Poloniex, the exchange said it froze several accounts
Popular Exchange Traded Funds: Explore and Invest
24.12.2020
Exchange-Traded Funds, popularly known as ETFs, are one of the most popular investment vehicles available in the world today. This personal finance technique allows one to invest the money for short-term and long-term horizons using the ETFs. Thanks to their capability of instant buying...
ETFs and Mutual Funds: Everything that You Should Know
24.12.2020
The process of investing is complex, and one should be careful before investing money and making investments in any particular instrument. The horizon of investment can be short-term or long-term, and it ultimately depends upon your objective you want to achieve through your fund and...
Mutual Funds in Recession – A Comprehensive Overview
24.12.2020
Introduction Mutual fund investment includes several responsibilities and key strategies to consider for long term benefits. Besides considering the short term and long term benefits, one must be aware of securities, the stock market’s stability, tracking the stock index, expense ratio, and asset...
Best Tax-Free Mutual Funds You Must Know About
24.12.2020
Investments are always considered as integral parts to save personal finance, but making the right investments is equally important to grow your savings. However, the downside of investments is that your high yield investment incomes are taxable as per the tax laws of the country where you reside....
A Synoptic Guide to the Top Tax-Free Mutual Funds
24.12.2020
Introduction Though a lot of people do not have an understanding of the retailer market function; however, when it comes to mutual funds, this is not the case. Mutual funds are highly popular among the public and retail markets. In simpler terms, in a mutual fund, a company brings together money...
Warren Buffett Mutual Funds and the Recommended Strategies
24.12.2020
Warren Buffett, the legendary investor in stocks, was born in Omaha in 1930. From a very early age, he developed a keen interest in investing in the stock market. Beginning his career as an investment salesman in the early 1950s, he formed Buffett Associates in 1956 and, about 10 years later,...
CEO of MTI Bitcoin Ponzi Scheme Flees South Africa in Possible Exit Scam – Funds Blocked
24.12.2020
In an unexpected turn of events, the management team at Mirror Trading International (MTI) now suggest that their CEO Johann Steynberg may have exit scammed. The team alleges that Steynberg, now believed to be in Brazil, has locked out key management staff from accessing MTI’s account with...
Grayscale Has $16.4B in Crypto Assets Under Management, Up From $13B a Week Ago
24.12.2020
The firm's bitcoin AUM rose by more than $3 billion in a week
Bitwise Liquidates XRP Position in Crypto Index Fund Following SEC Suit Against Ripple
23.12.2020
Crypto money manager Bitwise has liquidated $9.3 million worth of XRP in its crypto index fund
Let Them Eat Cake: Congress Approves a $900 Billion Stimulus Package, Billions in Pork Funds, Federal Employees Get a Raise
23.12.2020
The United States Congress has approved a $900 billion Covid-19 relief package that’s tethered to the government’s $2.3 trillion year-end funding plan. Of course, talks of Americans getting $600 checks have started to circulate online, but reports also include the discussions...
Ledger Leak Invokes Legal Action, One Customer Allegedly Threatened With Home Invasion
21.12.2020
Just recently, reports of the Ledger customer database breach being dumped on Raidforums for free has become a viral story among cryptocurrency proponents. Now customers are threatening to take legal action against the hardware wallet manufacturer, and one customer has complained of getting...
Ledger Wallet Data Leak Dumped on Raidforums for Free, Company Regrets the Situation
21.12.2020
Just recently, the hardware wallet manufacturer Ledger has been dealing with a lot of criticism for the e-commerce customer data leak that took place last June. The data contained the emails of a million Ledger wallet customers, and thousands of clients had additional information leaked like phone...
American Express’ Venture Arm Invests in a Cryptocurrency Trading Platform
19.12.2020
American Express says its venture arm, Amex Ventures has invested in Falconx the cryptocurrency trading platform that focuses on serving institutional trading clients. Amex’s investment, which was announced during a record-breaking week for bitcoin, underscores the credit card issuer’s...
$1 Billion in Bitcoin and Ether: One River Hedge Fund to Increase Holdings From $600 Million
18.12.2020
Hedge fund management firm One River Asset Management has invested $600 million in bitcoin and ether with a plan to increase its holdings to $1 billion next year. The company has two cryptocurrency funds: the Bitcoin Fund and the Ethereum Fund. $1 Billion Investment in Bitcoin and Ether One River...
Defi Protocol Founder Tricked, Hacked for $8 Million in Personal Funds
16.12.2020
Nexus Mutual founder and chief executive officer Hugh Karp’s personal wallet address has been hacked for more than $8 million. The attacker, a member of the Nexus defi protocol, tricked Karp into signing a transaction that transferred funds to the hacker’s own address. The attacker...
JPMorgan Sees $600 Billion Demand for Bitcoin From Global Institutional Adoption
15.12.2020
JPMorgan’s analysts have predicted significant demand for bitcoin following the $100 million purchase of the cryptocurrency by Massmutual. The analysts believe that other traditional investors, including pension funds, will follow suit, leading to a conservative estimate of $600 billion...