A recent study from deVere Group found roughly four out of every five of their high-net-worth clients had asked their financial advisers about adding crypto to their portfolios. Despite a challenging year for crypto, 82% of millionaire clients had looked into investing in digital assets such as Bitcoin (BTC) in 2022, according to a recent... Read more
Recent research shows the majority of financial advisors anticipate that the price of Bitcoin will decline this year but remain optimistic about the cryptocurrency in the long run and have allocated it to many client accounts. According to a survey by cryptocurrency index provider Bitwise Asset Management and exchange-traded fund platform VettaFi, while 60% also... Read more
A woman meets a man online. They flirt. Then, after a few weeks, they begin imagining a future together. Fast forward a few months and one of them has had their heart broken and been defrauded of their life savings. It sounds like a classic romance scam, but it isn’t. This is “pig butchering”: a... Read more
(Reuters) – The U.S. Justice Department’s bankruptcy watchdog is opposing FTX’s bid for a bankruptcy judge’s approval to hire law firm Sullivan & Cromwell, which on Tuesday defended its disclosures about its prior work for the failed cryptocurrency exchange. U.S. Trustee Andrew Vara told the judge in a filing late Friday that Sullivan & Cromwell’s... Read more
Orbeon Protocol (ORBN) has been one of the top performers in recent weeks, but can it outpace Chainlink (LINK) and Gala Games (GALA) as they see renewed fervor? ORBN has exploded in price with an 805% price increase since the start of presale, so first impressions would suggest it has the potential to compete with... Read more
With one of Bitcoin’s original core developers claiming that his balance got drained by a hacker, the crypto community is at a loss at how “normal people” can succeed at securing their own Bitcoin (BTC). In a recent thread, Luke Dashjr claimed that some alleged attackers had somehow accessed his (pretty good privacy (PGP) key,... Read more
North Korean state-sponsored threat actors have been observed using ransomware against companies and organizations in neighboring South Korea for the first time, police have reported. According to the South China Morning Post, the South Korean National Police Agency said threat actors targeted at least 893 foreign policy experts in the country, looking to steal their... Read more
In this photo provided by the North Korean government, North Korean leader Kim Jong Un attends a ruling party congress in Pyongyang on Jan. 12, 2021. North Korean hackers have stolen an estimated 1.5 trillion won ($1.2 billion) in cryptocurrency and other virtual assets in the past five years, South Korea’s spy agency said Thursday.... Read more
Robinhood, a stock-trading app that became a favorite of the “meme-stock” crowd during the pandemic, has a new proposition: Open an Individual Retirement Account with the service and it will match 1% of the funds customers contribute. The company, which is rolling out its new retirement savings program on Tuesday, said it is the only... Read more
FILE – Robinhood CEO Vlad Tenev poses for a picture during an interview on July 28, 2021, in New York. After blazing onto Wall Street by making trading fun for its customers, Robinhood is now setting its sights on a more staid corner of the industry: saving for retirement. On Tuesday, Dec. 6, 2022, the... Read more
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