Hacked: Hacking Finance

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AuthorLester Coleman
Lester Coleman

Lester Coleman

Lester Coleman is a veteran business journalist based in the United States. He has covered the payments industry for several years and is available for writing assignments.

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Bitcoin

Fidelity Investments CEO Embraces Bitcoin And Blockchain, Cites Challenges

Posted on May 25th, 2017.

Abigail Johnson, CEO and chairwoman at Fidelity Investments, called for more serious conversations about bitcoin and blockchain while addressing Consensus 2017 blockchain conference in New York City, according to MarketWatch. Fidelity has tested bitcoin and blockchain, according to Johnson, including partnerships, venture investments and...

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Investments

Mid-Cap ETFs: Growth And Stability At A Better Value

Posted on May 23rd, 2017.

Mid-cap stocks – those with market capitalization between $2 billion to $10 billion – are less known than large and small cap stocks, but they can provide profitable investments, according to investment experts. Quality, stability and value are typically associated with large cap stocks. Growth is usually associated with small-cap...

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Cryptocurrencies

Exchange Traded Funds Hit Record $2.865 Trillion In April; May Reach $5.9 Trillion By 2021

Posted on May 16th, 2017.

Exchange traded funds (ETFs) – baskets of assets traded as stocks by investors and institutions that typically charge lower fees than mutual funds – hit a record $2.865 trillion in April, driven by rising stocks, according to a report from ETFGI, an ETF researcher. The ETFGI estimate is in line with a February report from...

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Business

Dow Could Hit 100,000 By 2030; Adviser Urges Investors To Prepare

Posted on May 13th, 2017.

The Dow Jones Industrial Average could hit 100,000 by 2030, according to financial author and adviser Ric Edelman. Edelman, who believes incredible profits are in the making for those who prepare for new economic realities. If it doesn’t hit 100,00, he said, it will probably hit 150,000. The blue-chip index currently trades at around...

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Penny Stocks

May’s Top 10 Penny Stocks

Posted on May 8th, 2017.

Speculative buying increased in April, driving a number of penny stocks to 2017 highs, according to Investopedia. The penny stock list for May includes turnaround plays in biotech technology, chemicals, energy and China. Precious metals missed out in the bullish list, with junior and senior gold miners falling to multi-month lows due to...

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Penny Stocks

Penny Stocks To Watch this Month

Posted on April 25th, 2017.

The push on stock prices driven by the “January Effect” ended in early April, giving way to a stockpicker’s market that is expected to last into the summer months, according to Investopedia. Such a climate favors a trading environment in which a handful of penny stocks can defy broad-based indices. April’s penny stock focus has moved...

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Analysis

Active Fund Managers Underperform Indexes

Posted on April 14th, 2017.

Are active fund managers worth their fees? Not according to a newly-released report from S&P Dow Jones Indices that reports on actively managed fund performance. Actively managed funds did not fare well against indexes in the last 1-,3-, 5- 10- and 15-year spans, meaning investors are better off sticking with passive funds that track...

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Economy

What Do Rising Interest Rates Mean For Investors?

Posted on April 4th, 2017.

With interest rates inching upward in the U.S. and elsewhere following a period of sustained low rates, what should investors do to maximize their earnings? Last month, the Federal Reserve raised interest rates and signaled it will raise interest rates more this year. This followed a raise in December, the first in more than a year....

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Articles

The 10 Most Famous Traders Of All Time

Posted on March 28th, 2017.

The careers of the world’s most famous traders are colored by both triumph and tragedy, with some exploits achieving mythological status within the industry. The dramatic and varied stories of the most famous traders have made compelling material for books and movies.

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Articles

5 Painful Losses In The Stock Market

Posted on March 26th, 2017.

This month, activist investor Bill Ackman lost around $4 billion on an investment in Valeant Pharmaceuticals. Ackman’s loss is one of many stock market trading losses in recent years. Because of the secretive nature of many hedge funds and fund managers, some big losses may never be reported to the public. Following are five painful...

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Analysis

Time To Short The Market?

Posted on March 25th, 2017.

The six-year bull market is coming to an end, some say. To profit from falling stocks, short investors borrow shares and sell them, believing the shares will be cheaper to buy back and return to lenders in the future. But when a short call is incorrect and the stock rises, the downside can be hard. David Tepper, a billionaire investor,...

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Articles

Quantum Resistant Ledger Readies For Battle Against Quantum Computing, Hires Testers And Seeks Feedback

Posted on March 22nd, 2017.

Quantum Resistant Ledger (QRL), a blockchain technology designed to mitigate quantum computing attacks, has recruited testers to create 50 nodes and released an updated white paper by founder Peter Waterland. QRL is seeking comment on Slack prior to a presale. Waterland has commented about the bitcoin scaling issue and the danger posed...

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Articles

Could a Warren Buffett Emerge Today?

Posted on March 21st, 2017.

Could someone today do what Warren Buffett did and parlay a $105,000 investment into more than $50 billion? In considering the things Buffett did to become the world’s wealthiest man, the answer is yes. But comprehending the things he did takes a measure of study. Not to mention the commitment needed to execute it. Much has changed...

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Articles

A Safe Approach To Doubling Your Money? More Than One Exists

Posted on March 19th, 2017.

Double your money on an investment? The phrase represents a holy grail for many. The challenge sounds especially daunting today when most “safe” investments are returning historically low returns. Bankrate, which tracks U.S. certificates of deposit, currently lists a 2.0% 5-year return on a $25,000 deposit. According to investment author...

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Articles

Bitstamp Teams With Servicing Bank To Support Bitcoin Investments Within A Regulated Framework

Posted on March 15th, 2017.

Bitstamp, the bitcoin exchange, is partnering with CACEIS, the servicing bank of Credit Agricole, to allow fund promoters to accept bitcoin investments from retail and corporate clients, opening new opportunities for fund managers, both companies have announced. This allows bitcoin investments to be made in a fully regulated framework....

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Articles

Researcher Sees Major Gains Ahead For Bitcoin, Silver And Gold

Posted on March 13th, 2017.

Bitcoin’s recent price swings will seem inconsequential in a few years if the predictions of one researcher come true. Clif High, a self-described expert on “predictive linguistics,” expects bitcoin, silver and gold to soar in value (live price charts) as part of major political and economic changes taking place in the United States....

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Cybersecurity

Privatoria Ensures Privacy for Web Users, Preventing Identity Tracking and Hacking

Posted on November 15th, 2016.

With Internet privacy increasingly under attack, web users have to consider ways to ensure they won’t fall victim to a breach or have their online activity exposed to unwanted external parties.   A subscription-based Internet privacy service called Privatoria provides web traffic encryption services to protect everyday web users...

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Blockchain

vDice.io, The World’s First Full Decentralized Gambling Platform

Posted on November 2nd, 2016.

vDice.io, having launched in June as the first fully-decentralized betting game for the first programmable P2P network, will host a crowdsale from November 15 to December 15. In exchange for Ether (ETH), investors will receive “vSlice” tokens, each of which is directly tied to the profits of the game. The “vSlice” token will regularly...

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Bitcoin

Bitcoin Wallet Provider Blockchain.info Suffers DNS Hack Attack

Posted on October 13th, 2016.

Blockchain.info suffered a domain name system (DNS) hacking yesterday that sent users to the wrong servers, exposing bitcoin users’ passwords. Blockchain.info took its website offline for several hours to restore its service. The problem has been corrected and the website is now functioning. The hack occurred around 11:00 GMT as...

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Blockchain

The Benefits of Blockchain Technology in Healthcare

Posted on October 8th, 2016.

A blockchain-based information exchange could remove friction and costs presented by intermediaries in existing health information exchanges, according to a Deloitte white paper [PDF] on blockchain’s potential benefits for health care titled, “Blockchain: Opportunities for Health Care.” The white paper was written in response to the...