According to Beosin's monitoring, GNUS on Fantom was attacked, resulting in a loss of approximately $ 1.27 million. GNUS stated on the X platform that due to recent vulnerabilities, hackers were able to mint fake GNUS tokens on Fantom, transfer them to Ethereum and Polygon through the Axelar Bridge, and sell them to existing liquidity pools. We will take a snapshot of the blocks before the exploit. To ensure fairness, please do not purchase GNUS tokens after the exploit, as we will issue new tokens.
5 ways crypto strategies from asset managers can be useful for advisors
Diversification: Crypto models allow advisors to offer their clients exposure to a diversified portfolio of cryptocurrencies. This diversification can help reduce overall risk by spreading investments across multiple assets with different risk profiles.Customization: Advisors can tailor crypto models to meet the specific investment goals and risk tolerance of individual clients. They can adjust the portfolio composition based on factors such as market conditions, client preferences, and investment strategies.Transparency: Many crypto asset managers provide real-time transparency into portfolio holdings and performance. This transparency helps build trust with clients by allowing them to track their investments and understand how their money is being managed.Professional Management: Advisors can leverage the knowledge and insights of top asset managers to make informed investment decisions on behalf of their clients.Time savings: Because asset managers provide up-to-the-minute market insights, automatic rebalancing, and thoughtful allocations without the need for hours of research on the advisor's part, they can save a considerable amount of time and let advisors focus on the larger portions of client portfolios.
I'm saying my piece in the #futureofsocial by signing the @t2world.lens manifesto. Which values do you support?