The latest headlines on the impact of technology on the wealth management industry.
Bitcoin slumped Friday bringing this month’s spirited surge to a halt and taking rival coins down with it.
U.S. and European law enforcement officials on Thursday said they had dismantled a global organized cybercrime network, which used malware to steal banking login details in an attempt to pocket about $100 million from thousands of businesses.
Half of customers opening accounts on the bank’s You Invest platform are millennials, according to Kunal Vaed, head of digital self-directed investing at JPMorgan.
Bitcoin jumped above $7,000 and didn’t look back, as its longest winning streak since 2013 continued to rekindle the global cryptocurrency market.
Bitcoin’s nine-day rally has pushed it back above $6,000.
Bitcoin climbed to a fresh 2019 high, approaching the $6,000 level for the first time since November.
When New York’s attorney general last week accused Bitfinex — one of the world’s largest crytocurrency exchanges — of hiding the loss of about $850 million in client and corporate cash, a crucial question was left unanswered: What happened to the money?
About half of institutional investors consider digital assets to be worthy of holding in portfolios, according to a survey commissioned by Fidelity Investments.
Big banks and other financial firms spend as much as $3,000 per employee to defend computer networks from cyber criminals, a survey found, as the industry remains the primary target of such attacks.
Fintech startup Social Finance Inc. is in the final stages of closing a funding round from the Qatar Investment Authority and others, according to four people familiar with the matter.
Gerald Banks, who has structured derivatives for Merrill Lynch & Co. and managed part of a Russian oligarch’s sprawling empire, is now turning his hand to cryptocurrencies.