Why Warren Buffett Favors the S&P 500 Index
In their quest for the world's most lucrative assets, investors often seek a surefire strategy to accumulate wealth. Is there truly a fail-safe investment that guarantees returns without risks?
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CFTC Takes Bold Step to Secure Customer Funds in Derivatives Trading
In response to the FTX collapse, the CFTC proposes a rule to prevent the commingling of customer funds in derivatives trading, enhancing protection in the financial market.
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Until now, cryptocurrency assets were considered indefinite-lived intangible assets under Generally Accepted Accounting Principles (GAAP).
BrianOpenAI Partners with Axel Springer to Revolutionise Journalism with AI
OpenAI partners with Axel Springer to integrate AI into journalism, aiming to enhance news access and accuracy while navigating challenges of misinformation and the need for human oversight.
YouQuanHitachi and Concordium Collaborate on Innovative Biometric Crypto Wallet
Hitachi and Concordium are developing a biometric crypto wallet in the proof-of-technology stage, enabling secure access through fingerprint or facial scans.
Hui XinYearn Finance Loses 63% of LP Value Due To Glitch
This stash, known as protocol owned liquidity (POL), belonged solely to Yearn's treasury and did not involve any user funds.
BrianShift in Crypto Exchange Dynamics: DEX Sees Surge Amid CEX Dominance
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YouQuanLine Next Secures $140 Million for NFT Expansion & Brown and Friends Games
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Hui XinAustralian Unchecked Crypto Schemes Lead to Millions in Losses
Investors in Australia are counting losses in the wake of crypto investment schemes, such as HyperFund and HyperVerse, escaping regulatory scrutiny despite international alerts branding them as potential scams. The schemes, led by Sam Lee and Zijing "Ryan" Xu, founders of the now-collapsed Blockchain Global, have left thousands globally unable to withdraw funds. Concerns arise about Australia's regulatory role in warning investors and addressing high-risk schemes.
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