by AIP Online Bureau | Feb 7, 2024 | Eco/Invest/Demography, International News, Technology
A report in November showed that cybercrime group “Black Basta” had extorted at least $107 million in bitcoin, with much of the laundered ransom payments making their way to the sanctioned Russian cryptocurrency exchange Garantex Payments from...
by AIP Online Bureau | Dec 13, 2023 | Eco/Invest/Demography, Facts, Risk Management, Wealth Management/ Philanthropy
Hedge funds making use of algorithms to catch market trends, or commodity trading advisers saw $13.1 billion of net cash inflows, Preqin said. Niche strategies, which make up 2% of the industry (by assets), saw a net $11 billion in inflows during the same time frame,...
by AIP Online Bureau | Nov 3, 2023 | Features, Regulation, Risk Management, Technology, Wealth Management/ Philanthropy
After peaking at $3 trillion in November 2021, the value of the overall crypto market plummeted through 2022, hitting a two-year low of $796 billion as FTX imploded. It has since clawed back some ground, hovering above $1 trillion most of this year. As of Thursday,...
by AIP Online Bureau | Sep 18, 2023 | International News, Risk Management, Technology
CoinEx, which says it is based in Hong Kong, said on Tuesday on social media platform X, formerly known as Twitter, that wallets used to store the exchange’s crypto assets had been hacked. It said on Friday it estimates its losses at $70 million, which it said is a...
by AIP Online Bureau | Sep 7, 2023 | Eco/Invest/Demography, International News, Regulation, Technology, Wealth Management/ Philanthropy
Regulations are expected to help investors harness the potential benefits of crypto-assets while mitigating associated risks by addressing security, consumer protection, financial stability and international cooperation issues Kualalumpur: Ongoing crypto market...
