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Cryptos

Tips to help keep your crypto wallet secure

The Justice Department on Monday reported it successfully retrieved $2.3 million in bitcoin paid by Colonial Pipeline to ransomware hackers in April. But the news caused a stir of confusion online ⁠— some speculated that bitcoin was "hacked," and on Tuesday, the price of bitcoin seemed to slide due to concerns over security of the…
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Forget Bitcoin, Invest in Tether Right Now! Here’s Why

Invest in Tether – one of the best cryptocurrencies of 2021.Cryptocurrency is booming, a fact we are breathing daily. If you wish to invest in cryptocurrency, there are different options to invest in this year. While Bitcoin, Ethereum, Dogecoin are the most popular ones, other cryptocurrencies like Tether are secretly growing. Why should one…
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SEC Again Warns Investors Against Bitcoin Futures Funds

The U.S. Securities and Exchange Commission (SEC) reiterated the risks of investing in bitcoin futures-focused funds with a staff note on Thursday that underscores the uphill battle that U.S. bitcoin exchange-traded funds (ETFs) face.In an emailed investor bulletin obtained by CoinDesk, staffers “urge investors considering a fund with exposure…
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Here’s why cryptocurrency crashes on the weekends

Jack Taylor | Getty Images News | Getty ImagesCryptocurrency is known for volatility and some experts say crashes tend to happen on weekends."This has been a phenomenon in crypto for several years," said Stephen McKeon, associate professor of finance at the University of Oregon in Eugene, Oregon, and partner at Collab+Currency, a…
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JBS Paid $11 Million to Resolve Ransomware Attack

JBS USA Holdings Inc. paid an $11 million ransom to cybercriminals who last week temporarily knocked out plants that process roughly one-fifth of the nation’s meat supply, the company’s chief executive said. The ransom payment, in bitcoin, was made to shield JBS meat plants from further disruption and to limit the potential impact on…
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Victory Capital Shares Plans to Enter Crypto Market

Key Takeaways Victory Capital has announced its plans to launch a new private fund that tracks the performance of the Nasdaq Crypto Index (NCI). The firm currently manages more than $157 billion in assets under management. Victory Capital is only the latest institutional player to jump into the crypto space in last few months. Share this…
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Kevin O’Leary explains why bitcoin will beat stocks now

You can’t say "Mr. Wonderful" didn’t warn you.Shark Tank host Kevin O’Leary was among the first in the investment community to sound the alarm on bitcoin’s sustainability concerns, when he stressed as much, during an interview with Yahoo Finance at the beginning of May. Two weeks later, Elon Musk announced Tesla was reversing its stance on…
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