In a significant move poised to transform the wealth management landscape, Flanks has successfully raised €14 million in an equity funding round led by Motive Ventures, with significant contributions from Battery Ventures and existing investors Earlybird, JME Ventures, and 4Founders Capital. Founded in 2019 by Joaquim de la Cruz, Álvaro Morales, and Sergi Lao, Flanks has set its sights on
In an era where precision and agility in economic decision-making define success, wealth managers constantly seek innovative tools that offer deeper, actionable insights into their investment strategies. One groundbreaking solution is MacroScore™, a cutting-edge product from JBI Metia developed in partnership with the Economist Intelligence Unit (EIU). Merging JBI Metia’s artificial intelligence prowess with EIU’s rich macroeconomic data, MacroScore aims
Managing wealth across multiple countries presents an array of complexities and opportunities that require careful navigation and strategic planning. High-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals often lead the way in adopting effective strategies to optimize returns, protect assets, and plan for future growth. Understanding and overcoming the regulatory, tax, and logistical challenges posed by multi-jurisdictional wealth is crucial for investors
A recent incident in the world of cybersecurity has left many questioning the vulnerabilities of cryptocurrency exchanges. The Lazarus Group, a notorious hacking collective linked to North Korea, executed a sophisticated heist, stealing $1.5 billion in Ethereum from the ByBit cryptocurrency exchange. Known for their advanced tactics, these cybercriminals successfully laundered at least $300 million using automated tools and continuous
The ongoing partnership between AIDA Ecosystem and Synthelix AI represents a groundbreaking advance in merging artificial intelligence with blockchain technology. Their collaborative efforts are focused on transforming decentralized infrastructures by significantly enhancing the operational and security aspects of blockchain through AI-driven solutions. This joint venture is poised to set new benchmarks in the realm of decentralized systems, marking the dawn
In the fast-paced world of mobile technology, staying on top of security updates is crucial to protecting users from potential threats. This has led to an ongoing discussion about why Samsung appears to be lagging behind Google when it comes to rolling out timely security updates. As the tech giants continue to battle for market supremacy, the ability to swiftly
In the modern era, an 8-character password that once provided a sense of security is now woefully inadequate. As artificial intelligence continues to advance, it empowers hackers with unprecedented capabilities to crack and steal account credentials with alarming ease. Researchers have demonstrated that AI can accurately guess passwords simply by analyzing the sound of typing over platforms like Zoom, often
Deepfakes are evolving as a significant cybersecurity threat, specifically targeting YouTube content creators with malicious intent. These AI-generated videos of YouTube CEO Neal Mohan are being used to deceive creators, urging them to click on harmful links. This alarming trend signifies a shift in cyber-attack strategies toward more sophisticated and harder-to-detect methods. The Implications of Deepfake Technology AI-Driven Deception In
In today’s rapidly evolving financial environment, wealth management firms face a constant challenge to efficiently manage client relationships while also driving growth. The advent of artificial intelligence (AI) presents a remarkable opportunity to address these challenges. Practifi, a leading CRM platform dedicated to wealth management firms, has recently announced a significant step in this direction by integrating AI across its
Network traffic analysis has become an indispensable method for detecting and investigating malware on Linux-based systems. By scrutinizing communication behaviors, security professionals can identify signs of malicious activity, such as Command and Control (C2) communications, data exfiltration, and Distributed Denial-of-Service (DDoS) attacks. This article explores how traffic analysis is utilized in malware detection, the critical tools involved in this process,
Environmental, Social, and Governance (ESG) investing has seen significant shifts, influenced by varying regional approaches, political climates, and regulatory frameworks. Once hailed as a transformative force in the investment landscape, ESG investing is now confronting complex challenges and skepticism. As we approach 2025, it is crucial to examine whether ESG investing still holds promise amid these changing dynamics. Regional Disparities
The social media landscape is experiencing a significant transformation as Project Liberty, led by American businessman Frank McCourt, sets its sights on acquiring TikTok’s U.S. operations. This bold move, supported by Alexis Ohanian, co-founder of Reddit, aims to decentralize TikTok using blockchain technology. With the U.S. government pressuring TikTok to separate from its Chinese parent company, ByteDance, this initiative addresses
