As the world transitions out of the COVID-19 pandemic and works towards rebuilding its economy, a growing conflict between Russia and Ukraine has reached a boiling point. Since 2014, Russian separatist forces in the Donbas region have fought against the Ukrainian military for independence. On Feb 21, 2022, Russian President Vladimir Putin announced that Russia will acknowledge the independence of the breakaway states Donetsk and Luhansk in Ukraine’s Donbas region. Putin then ordered troops to mobilize the breakaway regions and conduct “special operations” in Ukraine. As a result, the US has placed economic sanctions against Russia which can affect energy and precious metal supplies. Then, Germany suspended the certification of a new gas pipeline: the Nord Stream 2.
Coin collecting has become a highly popular form of precious metals investing over the past several generations. Investors look towards precious metal coins that are exclusive as a way to add value to their collections. Not to mention it’s a fun hobby as well! If you want to diversify your portfolio with highly coveted coins, then the Tudor Beasts Collection might be right for you. Following the great success of the Royal Mint's Queen’s Beasts collection, investors anticipate that the Tudor Collection will attract even stronger demand. The Royal Mint coins provide top-of-the-line products and have gained international recognition for their return on investment.
A new malware dubbed “Mars Stealer” was recently used in several hacking incidents leading to the theft of millions of dollars in cryptocurrency from digital wallets. Mars Stealer is an upgrade to the Oski trojan which was widely used in malware attacks in 2019. The new malware targets over 40 browser-based digital wallet extensions like Coinbase Wallet, Metamask, and Binance Chain Wallet. Additionally, the malware has capabilities of targeting two-factor authentication (2FA) extensions with a grabber feature that takes the user’s private keys.
Security experts noted that digital wallets like Ronin Wallet, Nifty Wallet, MetaMask, Coinbase Wallet, Binance Chain Wallet, MEW CX, and TronLink are the main target for hackers using the malware. The malware targets Chromium-based browsers, which affects the most popularly used browser like Google Chrome, Brave, and Microsoft Edge. On the other hand, Opera and Firefox are less vulnerable but can still be affected by credential-hacking.
With growing concerns over an upcoming recession, stock market crash, and increasingly high inflation rates, many savvy investors are looking to precious metals as a safe way to protect their wealth during tough economic times. One way investors can hedge against inflation and a stock market crash is by rolling over their 401(k) into a gold IRAplan.
Alpha Bullion is an innovative service for redeeming PAX Gold tokens for real, physical gold. Each token acts as proof of ownership for 1 oz of gold stored at no additional cost in bar form in some of the most secure vaults in London. This provides all the stability benefits offered by precious metals without the burden of storage or shipping. It also allows for a market first feature, as the potential for cryptocurrency loans using PAX Gold would allow customers to essentially earn dividends on precious metals. This unique bridge between the ancient and the innovative has already drawn attention from press such as Coindesk and Jim Cramer of Mad Money. Learn more by following select external articles on our blog, and stay tuned for more original content from Alpha Bullion.