by AIP Online Bureau | Jan 23, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
Given their relatively high volatility and valuations, cryptocurrencies’ increased co-movement could soon pose risks to financial stability especially in countries with widespread crypto adoption, according to IMF research New Delhi: Bitcoin was hovering at...
by AIP Online Bureau | Jan 20, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
“We are concerned that too many consumers are just ‘clicking through’ and accessing high-risk investments without understanding the risks involved,” the FCA said. The planned rules cover high-risk investments such as cryptoassets, including cryptocurrencies such as...
by AIP Online Bureau | Jan 6, 2022 | International News, Technology, Wealth Management/ Philanthropy
Overall cryptocurrency theft grew over five-fold from 2020, with around $3.2 billion worth of coins stolen last year. Around $2.2 billion of those funds, some 72% of the total, were stolen from DeFi sites Crime involving cryptocurrencies hit an all-time high of $14...
by AIP Online Bureau | Jan 3, 2022 | Eco/Invest/Demography, Facts, Risk Management, Wealth Management/ Philanthropy
These days, the Hungarian-born billionaire is well versed in cryptospeak. Peterffy, worth $25 billion, said it’s prudent to have 2 per cent to 3 per cent of one’s personal wealth in cryptocurrencies, just in case fiat currency goes to “hell.” Even as prices swung...
by AIP Online Bureau | Dec 20, 2021 | Eco/Invest/Demography, International News, Technology
“As the largest form of cryptocurrency-based crime and one uniquely targeted toward new users, scamming poses one of the biggest threats to cryptocurrency’s continued adoption,” Chainalysis said. Venture capital funds have poured about $30 billion...
