WEALTHSIMPLE ramped up its retirement plans by launching a portfolio with an allocation to cryptocurrency ETFs, and the Shiba Inu coin is back up.
The company said it hopes that the launch of its new portfolio will boost employee participation in employer-sponsored savings plans and encourage workers to save for their retirement, according to Financial Post.
Shibu Inu is a cryptocurrency token that allows users to hold trillions of them.
Tokens of Shiba Inu feature the same dog as Dogecoin, which has become one of the most popular cryptocurrencies this year.
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FAKE WEBSITES AND CRYPTO
One fairly widespread scamming technique is websites that appear to be a new cryptocurrency mining operation or investment opportunity.
These sites encourage investors to wire in money, sometimes offering investment “tiers” and promising greater returns.
But when users attempt to withdraw their cash, they are unable to and told to input even more cryptocurrency.