Money Mate

As India’s digital economy grows, households and individuals face rising threats from cyber fraud. From UPI scams to identity theft, cyber incidents can hit both wallets and peace of mind. Cyber insurance is increasingly being recognised not just as a financial safety net, but as a comprehensive support system for victims.
 
Common cyber frauds targeting individuals
 
Experts say the typical cyber fraud in India often begins with social engineering, vishing calls(fraudulent phone calls from scammers pretending to be trusted entities), phishing links( fraudulent URLs designed to trick into visiting a malicious website), or SIM-swap attacks.
 
Rushik Patel, associate director at EDME Insurance Brokers Ltd., notes, “Victims are frequently tricked by fake refund requests or lose mobile network access after SIM cloning. Fraudsters then move money out using OTPs, with losses ranging from Rs 20,000 to several lakhs. Recovery is difficult without insurance, especially if reporting is delayed.”
What cyber insurance actually covers?
 
Many consumers assume cyber insurance covers all online frauds, but experts caution this is rarely true. Common exclusions include voluntary sharing of OTPs or passwords, prior-known circumstances, investment losses, and intentional or malicious acts. Delays in reporting incidents or incomplete documentation often result in partial or rejected claims.

Bernstein says the current crypto market decline could be temporary, as Bitcoin could begin a recovery in the first half of the year.Analysts at the firm highlighted that growing institutional flows and evolving US policy dynamics could lay the foundation for Bitcoin's "most consequential cycle."Other experts predict a rotation from "overcrowded" precious metals toward Bitcoin.Bitcoin could bottom around its last cycle high in the $60,000 range before seeing a recovery potentially in the first half of the year, according to Bernstein analysts.The analysts, led by Gautam Chhugani, highlighted that the recent downturn in crypto prices follows the strong outperformance of gold over Bitcoin in the past year. The top crypto's market capitalization relative to that of the precious metal is approaching a two-year low, as central banks have stepped up their gold accumulation over the past year. #BTC走势分析 $BTC

Prin acțiunea în justiție, Kalshi controlează narațiunea pentru a se concentra pe preemțiunea federală mai degrabă decât pe legalitatea contractului, a fost informat Decrypt.
Platforma de contracte eveniment Kalshi a intentat un proces federal împotriva reglementatorilor din New York luni, căutând să blocheze comisia de jocuri a statului să trateze piețele sale de predicție sportivă ca fiind jocuri de noroc ilegale, atacând preventiv la câteva săptămâni după ce rivalul Crypto.com a pierdut o bătălie similară în Nevada.
Compania cu sediul în Manhattan afirmă că legea federală preemtează reglementările statului privind jocurile de noroc pentru contractele tranzacționate pe platformele supravegheate de Comisia pentru Comerțul cu Contracte Futures în depunerea sa.