‘It seems bizarre’: We’re in our 80s with $950,000 in traditional IRAs. Why is our adviser pushing us to do Roth conversions?
“Our basic living expenses are covered by $110,000 in annual pensions and Social Security.” Source：MarketWatch
Tokenization firm tZERO plans to go public in $350 million SPAC deal
The digital securities firm plans to list on NYSE American under TZRO early next year after more than a decade building blockchainbased trading infrastructure.…
Tech stocks have made big V-shaped rebounds five times in 30 months — and now Deutsche Bank forecasts another bounce
Positioning among equity investors in tech stocks is consistent with much slower earnings growth than the sector is achieving. Deutsche Bank thinks it’s time…
FBI blames North Korea for record $6.3B Binance hack
US agency seeks privatesector help to block further moneylaundering of stolen digital assets. Source：Cointelegraph
Bitcoin turns 18: Has the original rebel grown up?
In typical Bitcoin style, the number one cryptocurrency turns 18 today, amid AIdriven security threats, quantum fears and the biggest exchange hack in crypto…
Blockchain investigator Chainalysis hit by cybersecurity incident
Chainalysis has engaged worldclass thirdparty experts to support a review of its security and strengthen its defenses. Source：Cointelegraph
This cybersecurity stock will be the next to join the S&P 500
Okta is slated to join the index on Wednesday, replacing Kenvue. Source：MarketWatch
SEC Issues Exemptive Relief from Treasury Clearing Requirements for Certain Inter-Affiliate and Non-U.S. Repo Transactions
The Securities and Exchange Commission took another step forward today to assist brokerdealers and other market participants on the path to central clearing of…
Coinbase leads crypto stock selloff following $6.3B Binance hack
Circle, Strategy and other cryptolinked stocks fell sharply Friday, a day after Binance disclosed a $6.3 billion security breach. Source：Cointelegraph
American workers are finding their take-home pay isn’t keeping up with inflation, with their wallets ‘stretched thinner and thinner’
Worker compensation grows slower than inflation for second straight quarter Source：MarketWatch
Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restart
CEO Richard Teng said hackers erased evidence and bypassed security checks. Binance plans to publish its proof of reserves Monday. Source：CoinDesk
Amazon’s and Intel’s stocks are set to plunge. But Wall Street’s October winners may surprise you.
A rough month in the technology sector was less spooky in other sections of the stock market. Source：MarketWatch