Trying to ensure your own financial security by successfully managing your finances can sometimes feel like a daunting, overwhelming task. It can take years to build a good credit history and yet all it takes is one missed payment to see that number come crashing down. Armed with the right information, however, you can…
Sam Altman has a startup that intends to give a special type of cryptocurrency to every person on earth. But first, it wants to scan everybody’s eyeballs. The former head of the Silicon Valley business incubator Y Combinator is one of Worldcoin’s three founders. Among the many parts of its plan, Worldcoin has designed an…
TP ICAP, the world’s biggest interdealer broker, is launching a cryptocurrency trading platform with Fidelity Investments and Standard Chartered’s digital assets custody unit, the consortium said on Tuesday. Institutional investors have warmed to the crypto sector this year and the platform, which is due to launch in the second half of the year, will initially…
As the price of bitcoin increased by almost 400 per cent, cryptocurrency-related email compromise attacks increased by 192 per cent between October 2020 and May 2021, a report said on Tuesday. According to cloud-enabled security solutions provider Barracuda Networks, cybercriminals are taking advantage of the opportunities this creates for them to trick potential victims and…
If you work in the trucking industry, you probably know the risk of liability is considerable and, if exposed to it, you could end up with a costly result. This is why it becomes the responsibility of trucking company owners and drivers to assess their exposure to these risks and purchase the necessary insurance coverage….
The cryptocurrency aficionados’ mantra that Bitcoin is equivalent to digital gold is winning converts among the world’s biggest holders of the precious metal. In India, where households own more than 25,000 tonnes of gold, investments in crypto grew from about $200 million to nearly $40 billion in the past year, according to Chainalysis. That’s despite…
Warren Buffet, the greatest investor of all times, once junked bitcoins and in fact called them ‘rat poison squared’. Not many investors heed to this advice though; cryptocurrencies have generated a lot of interest for investors of all ages due to recent increase in value. It is estimated that roughly a crore Indians have invested…
Booming cryptocurrency firms say they’re struggling to find the right candidates to fill hundreds of positions as a frenzy of interest in digital currencies and other assets pits them against some of the world’s biggest financial institutions. Despite a rout in May, cryptocurrencies’ total market value is up 400% over the past year to about…
By Samuel Shen and Andrew Galbraith SHANGHAI (Reuters) – China’s sweeping ban on cryptocurrency mining has paralysed an industry that accounts for over half of global bitcoin production, as miners dump machines in despair or seek refuge in places such as Texas or Kazakhstan. “Many miners are exiting the business to comply with government policies,”…
SHANGHAI (Reuters) – China’s Ant Group sought to draw a distinction on Wednesday between non-fungible tokens (NFTs) available on its platforms and cryptocurrencies currently subject to a crackdown by Beijing, after users expressed confusion. Ant, the Jack Ma-controlled fintech group, put on sale two NFT-backed app images via its payment platform Alipay and the items…
