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These are the three essential things to know before you invest in cryptocurrency



These are the three essential things to know before you invest in cryptocurrency

It’s easy to invest in cryptocurrency with just a few taps of your smartphone. With crypto appearing in the news and conversations with friends, it’s tempting not to get in.

Crypto coin might not suit you, depending on your financial situation and willingness to take risks.

Tyrone Ross, CEO and founder of Onramp Invest (a crypto asset platform that registered investment advisors can use), said, “I am probably the most crypto hippie you will ever talk to.” He warns against investing in crypto. “I don’t believe the general public should invest in crypto.”

Imagine your finances as an ice cream cone. Crypto is the cherry on top. It is a small part of the overall sundae, and not everyone needs one.


Also Read: Bitcoin falls on dread of Weibo suspending some crypto accounts

Before you can take that cherry out of the jar, you have to put together the rest of the dessert. This is not ice cream. It means you need to build a solid financial foundation and learn everything you can about cryptocurrency before you invest any real money.

1. Financial safeguards should be in place.

It would help if you were prepared for the unexpected.

Workers who lost their income due to the pandemic have had to draw on savings, borrow money, or enroll in hardship programs to pay their bills. This has served as a stark reminder about the importance of an emergency fund.


“You can feel like Superman/Superwoman when you’re young,” but when the bubble bursts, it is possible to lose your job for up to nine to twelve months,” states Theresa Morrison, a Tucson-based financial planner. “Don’t underestimate the impact of systemic shocks on the market.”

Morrison suggests saving six months of living expenses for singles and three months for couples who share costs. Even a few hundred dollars saved can help you when you have an unexpected expense. You can also pay down high-interest debt like credit card debt to improve your financial situation.

Also, review your insurance coverage as these policies can help you get through difficult times. If you have dependents, life insurance is critical.

Start thinking about your long-term, medium- and short-term financial goals once you have enough money saved for emergencies. You should save money for retirement, especially if you have a plan that offers an employer match. However, you should set goals for saving money for other critical life stages.



2. Invest in the future and save!

“Most people want the freedom to travel every year, purchase a house in 10years, and get married in 10years. These things are expensive,” Morrison states.

“Calculate how much it will cost in today’s terms, and then figure out how much you can save each month from your paycheck. My experience shows that this can easily be as low as $1,000 per month (EUR1,164).

3. Learn more about cryptocurrency

You have the money, and you are ready to jump on the crypto train. But you don’t know how someone buys it. Crypto. Or how it fits into your overall financial plan. If it is too risky.


Take your time. Do not spend your money on things you don’t know. Spend some time learning about crypto.

It is essential to understand the mechanics, but it is equally necessary to determine your type of investor. This will affect the types of investments that you would be a good match for.

To determine if this asset class is suitable for you, there’s a process. What is your plan? What age are you? What are your goals, and how old are you? Are you tech-savvy? Are you able to understand the implications of holding these assets without them being insured? What happens if you are not there? Who in your family will be able to retrieve the stuff? Ross said.

People don’t do their due diligence before investing money in something. Although it isn’t a sexy answer to your question, it is the truth.

Also Read: Le Bon Coin can we still sell and buy? 2021


Start small if you still want to dabble in crypto.

Once you understand how everything works, you can start to consider allocating some of your extra cash toward crypto. Keep your investments small and manageable. Ross suggests investing $500 (EUR582) or more. You can be sure that even if you lose everything, you have a specific budget.

“If you invest in crypto, it is dead money. A Denver financial planner, Danny Lee, says that money is something you will never be able to get back.”

“It’s going be a speculative investment at the end of it all.”

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Poly Network hacker recovered more than $600,000,000 in stolen crypto




Poly Network hacker recovered more than $600,000,000 in stolen crypto

Two weeks ago, the hacker started returning the funds.

After stealing crypto coins worth $600 million from Poly Network, the hacker has completed returning them (via CNBC). Poly Network says in a blog post that it’s now beginning the process of returning the stolen assets, including Ethereum, Binance tokens, and Dogecoin, to their rightful owners. Poly Network says that there’s still work for it to do — it’s working on getting approximately $33 million worth of assets unfrozen and is continuing to restore the functionality of its Poly Bridge service, which lets users transfer crypto between blockchains.

After the attack, the hacker said that he’d stolen the funds to keep them safe, saying that putting the coins in a “trusted account” was a way to highlight the bug without allowing someone else to make away with them. Poly Network has had a fairly constant banter with him; even calling him “Mr White Hat” was the hacker’s title in Poly Network’s series of updates. Poly Network invited the hacker as their chief security adviser. The hacker (seemingly jokingly) accepted the invitation, sending a message to the company stating, “your chief security advisory.” Chainalysis also points out that it can be difficult to spend stolen funds due to blockchain tech’s transparency.

Also Read: These are the three essential things to know before you invest in cryptocurrency



After the hack occurred earlier this month, there was speculation about how the hacker had carried it out, with some analysts suggesting that he had even been able to obtain Poly Network’s private keys. The further analysis seems to show that this wasn’t the case — instead, the hacker was able to exploit a security flaw in the Poly Network that allowed him to execute transactions that he shouldn’t have been able to.


Embedded in one of the final transactions from the hacker is a long note, in which he apologizes for the inconvenience he’s caused, calls the hack and process of returning the funds a “wild adventure,” and promises to return more money than he originally stole (which he requests be distributed to “survivors,” seemingly referring to those who had their money stolen). The hacker claims that the additional funds from the $500,000 bounty Poly Network paid him to find the security flaw. He also claimed that the hacker received a stream of donations since then (and continues to receive, according to his wallet transaction records).



Poly Network said in another blog post that it would start a $500,000 bug bounty program to encourage researchers to find (and responsibly disclose) other vulnerabilities in its software. Currently, the company’s bug bounty listing on Immunefi says that the maximum bounty is $100,000.

As for when Poly Network’s users will see the returned funds hit their wallets, the company says it’s working on returning them “within the shortest time frame possible.”

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Navigating employees in a multi-priority work environment




Navigating employees through a multi-priority world of work

The brick-and-mortar workplace was more than just the heart of the business. It was also the setting that defined and nurtured the meaning and purpose that the company provided to employees’ lives.

It is hard to believe that this pandemic has been around for just over a year, considering how easily employees and operations can be done in a remote-first environment. The pandemic’s most significant impact has not been the transition to remote working but the transformation of the workplace and the entire employee-employer relationship.

A collision of priorities

A physical workplace was the place where an employee could give their full attention during workdays. The office was synonymous to work. It provided a backdrop for human resource priorities such as employee engagement, benefits, and more. The brick-and-mortar workplace was more than just the heart of the business. It was also the setting that defined and nurtured the meaning and purpose that the company provided to employees’ lives.

The entire employee experience, from onboarding to daily business, is now contained within a smartphone or laptop screen. Our screens are the entire office. However, the physical world of an employee is set among mundane household sounds (from the doorbell to the pressure cooker). Priorities at home and work. The average employee is maybe managing a highly structured meeting/review while still making breakfast. The urgent business imperatives and work deliverables are often intertwined with children’s classroom sessions, emergency visits to the doctor, elderly care, and the needs of parents/inlaws.

The bottom line is that priorities are often equally urgent and compelling. Even though they are feeling strained by the pandemic, employees must be enabled to prioritize their next actions in the most efficient way possible. How can leaders and managers of India Inc adapt to this new paradigm?

First, make conversation count.

Many thousands of post-pandemic employees have never met the culture that is part of office life. This “culture”, which companies express through their leadership interactions, cheerful office events, cafeteria and campus conversations, has almost disappeared. Their colour and accessories have been replaced almost entirely by online conversations. Leaders, people managers, and HR teams need to find meaningful ways to communicate the essence of their company’s culture with employees.

This means getting back to basics. These simple touches can help bring some comfort to a life that can sometimes feel unfocused and overwhelming. Leaders will only be able to connect with employees who are often distracted or have multiple priorities.

Second, to enable people to bring out their best every day.

People and communities around the world have experienced the pandemic as a disorienting experience. It is not over. It has disrupted our collective way of living and presented hundreds of complex challenges for employees all over the world. People are increasingly looking for ways to make work and life easier. The needs of employees after the pandemic – financial support, teleworking support, healthcare – are similar. However, the needs of employees are different for each segment and person. Employers have many options to meet their employees’ individual needs, such as pet care, eldercare, salary advancements, and childcare.

Third, you must be a good example of wellness.

This is a sad statement. Employees don’t make the most of employee wellness opportunities. While it is clear that wellness has a significant impact on productivity and effectiveness (and the pandemic only reinforced its importance), employees cannot fully utilize the resources available to them. Why is this? They need to see their leaders and managers use these resources first. They can then feel confident using this social license because they have set a precedent. It also promotes the notion that physical and mental well-being is not something that should be a distant goal or something that people should strive for, but something that they can achieve.

Fourth, to serve as a bridge between opportunities.

In response to the many difficulties created by the pandemic, a whole ecosystem has emerged of wellness, elder care, health and childcare, and personal growth startups and offerings. This ecosystem is a testament to humanity’s determination to overcome difficult circumstances and pursue opportunities in adversity. So that their teams can take advantage of the opportunities, companies should create pathways for experts and teams to do incredible work in different domains within the ecosystem.

Fifth, recognize the people.

Managers behind the people

Many people outside of the HR industry don’t realize that managers are not qualified to perform as quasi-frontline workers within their organizations. They were not expected to perform this role. This role is being performed with agility, and effectiveness by many should be fully acknowledged. Senior HR leaders and corporate leaders must also recognize India Inc’s young talent in HR. They have taken on the new role with enthusiasm and focus, despite not being familiar with the profession. These young people are at once an employee and a partner in HR. This is a job that can be done 24×7, even during a pandemic.

The pandemic is the most rigorous test of corporate and human values. It has brought to light the true DNA of companies and their ethos. Customers, employees, and markets all pay close attention to how companies treat their people. Companies that live up to the high standards they set will have greater respect for, admiration, and social license within the communities where they work and serve. India Inc will be remembered for its leadership in guiding its employees to a better future.

Also Read: How to stay stimulated at the same time as work from home

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Le Bon Coin can we still sell and buy? 2021




Le Bon Coin. When some stores continue to be permitted to start (food shops, high-tech equipment manufacturers, etc.), others have been required to discontinue their”physical” activity. Their site often takes orders and over are sent via La Poste or alternative delivery businesses (DPD, UPS…). With delivery concerns yet. Oxybul Evil and Games, as an instance, deplore” significant flaws” and suspend” before Tuesday 24/03 evening some fresh orders, so to organize whenever you can those you’re already looking towards”.

In Vinted, the following most customer-wide style app/site in France was forced Thursday to suspend all earnings. Clients (1 2 million in France) were advised by email: “We’re temporarily suspending brand new orders (including deliveries and purchases ) in addition to existing orders in France and Spain until further notice.”

Since the majority of the deliveries on Vinted were produced with Mondial Relay, which shut its own network, the mystery would have already been insured to displace the particular provider. Moreover, going to find yourself a secondhand sweater in a relay point or going to article trousers will not appear to be under the urgency justifying breaking up the containment. For parcels not picked up in relay point or perhaps not shipped by sellers, “delivery and set times are extended” and”transportation bundles are firmly stored by transportation suppliers,” the secondhand site conditions.

On the flip side, if the”Purchase” button was deactivated and also a sizable red note indicates that the control is not anymore possible, Vinted isn’t entirely at a standstill. On the other hand, it’s likely to find new advertisements for the program or blog. In contrast, it’s expected to reserve an item (that’ll soon be covered and sent post-confinement), insert elements into its favorites, or conversation with buddies.

Because of this, for individuals who have been waiting for a package, “The amount out of the purchase will be set in receivership and procured by our payment partner before purchaser gets the box.

Le Bon Coin can we still sell and buy

According to Vinted, “A D viewing, messaging and listing to the coupon continue to be available” (the expiry period of adverts has been removed to store them online more, till they come back to ordinary ).

If asked by relating to the potential, which is contradictory to the containment measures (leaves to place a non-vital package usually do not look like a portion of their special authorizations), the communication section of this Le Bon Coin group failed to answer these questions. Moreover, no information on the website or application prevents users from making a”physical” trade. Just a single sentence in the email delivered Wednesday echoes that the people restrictions: “But we recommend you to obey the guidelines of the WHO (World Health Organization) also to remain safe in your home.”

On Monday afternoon, three days following the initiation of the initiative, 1,400 offers were listed on the stage for the whole of France.

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