'Worst hack in history' as $1.5bn in cryptocurrency stolen
Heist highlights concerns over crypto industry security
Anyone who owns crypto may well be feeling a little nauseous after the biggest ever theft of funds by hackers.
Bybit is the second largest cryptocurrency exchange. It would have had careful security protocols.
And yet somehow their systems were penetrated and an as-yet unidentified individual or group made off with around £1.1 billion in assets.
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Read MoreBerkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion
- The Warren Buffett-led conglomerate said its operating profit — which encompasses earnings from the company’s wholly owned businesses — skyrocketed to $14.527 billion during the final three months of 2024.
- That was led by by a whopping 302% jump in insurance underwriting from the year-earlier period to $3.409 billion.
Berkshire Hathaway on Saturday reported a massive surge in fourth-quarter earnings from its operating businesses,
Read MoreWarren Buffett’s cash pile hits $334 billion in 2024; ‘Berkshire Hathaway paid more taxes than tech titans in trillions’
American multinational conglomerate Berkshire Hathaway’s chief executive officer, Warren Buffett, disclosed in his annual report that the firm’s cash pile for the year ended 2024 was at $334.2 billion, a rise in cash reserve for the 10th consecutive quarter.
Buffett’s cash hoard rose to a record level of $334.2 billion in 2024,
US stocks tumble as businesses and consumers worry about tariffs and Washington
NEW YORK — U.S. stocks fell sharply Feb. 21 after reports showed that worries among consumers and businesses about President Donald Trump’s policies may be hitting the U.S. economy.
The S&P 500 sank 1.7 percent for its worst day in two months. The Dow Jones Industrial Average also dropped 1.7 percent,
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Read MoreA Once-in-a-Decade Opportunity: 1 Magnificent S&P 500 Dividend Stock Down 36% to Double Up on Right Now
It is a beautiful thing when you find a feel-good stock that offers market-beating potential. A perfect example of this combination today is animal healthcare specialist Zoetis (ZTS 1.93%).
Whether helping our furry friends at home, keeping livestock healthy, or doing its part to battle the bird flu outbreak that has sent egg prices sky high,
Read MoreThe Burst
1 Cloud SaaS Healthcare Stock to Buy on the Dip?
It might surprise many that Veeva Systems Inc. (NYSE:VEEV), best known for its cloud-based software solutions tailored to the life sciences industry, has maintained a core principle of putting customer success and product excellence ahead of short-term gains.
In a market crowded with SaaS companies seeking to serve a wide variety of enterprises,
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Read MoreThe Ivy
1 Low-Cost Schwab ETF That Beat The Market
With around $65.7 billion in net assets, Schwab’s US Dividend Equity ETF (SCHD) is one of the most popular funds among investors seeking dividend income from their portfolios.
In the last year, SCHD has even beaten out the S&P 500 by delivering a 27.1% market price return compared to 25.0% from the S&P.
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Read MoreThe Spotlight
1 Seriously Overlooked Healthcare Stock That Could Soar
Sometimes the seemingly most boring companies in the world produced the most extraordinary returns. One healthcare firm that hasn’t shot up – yet – but which has attracted the attention of a multi-billion dollar fund with a pristine track record may be set to do so.
Better yet, it’s trading close to the estimated price paid by the fund,
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