Adam Moelis, co-founder of Yotta, had noble intentions when he started the fintech startup in 2019. He aimed to provide Americans with a unique way to save money and build financial stability. However, what unfolded was far from his vision. A dispute between Yotta’s banking partners, Synapse and Evolve Bank & Trust, led to the
Money
Rashawn Russell, a former investment banker at Deutsche Bank, was sentenced to 41 months in prison after admitting to a Ponzi-like fraud that involved promising investors guaranteed returns from cryptocurrency trading. The scheme, which ran from November 2020 to August 2022, targeted friends, former college classmates, and colleagues at Deutsche Bank. Russell claimed that he
Pinduoduo (PDD) has emerged as a dominant player in China’s e-commerce landscape, beating out competitors such as Alibaba and JD.com. The company’s value-for-money positioning and the growth of its Temu marketplace have propelled it to the top spot in terms of market capitalization. With stellar first-quarter results and a surge in share value, PDD is
Ryan Salame, once a trusted lieutenant of FTX founder Sam Bankman-Fried, has been handed a harsh sentence of 90 months in prison, equating to seven and a half years behind bars, followed by three years of supervised release. These consequences are coupled with a hefty financial burden, as Salame has been ordered to forfeit more
The London Stock Exchange is set to see the launch of exchange-traded products (ETPs) backed by cryptocurrencies, marking a significant development in the world of digital assets. WisdomTree and 21Shares have announced their plans to introduce these innovative financial products, following approval from the UK’s financial regulator. In a move that signals growing acceptance of
Learn how to make money with your photography skills using a mobile photography app. Explore strategies to monetize your creativity and maximize earnings!
Unlock the secrets to making money through subscription box curation with our ultimate guide. Learn innovative strategies, valuable tips, and insider secrets for financial success. Dive in now!
In the first quarter of 2024, U.S. crypto exchange Coinbase reported a total of $56 billion in consumer trading volumes. This period coincided with bitcoin reaching record highs of close to $74,000. However, this figure pales in comparison to the $133.75 billion quarterly average seen during the 2021 rally, indicating a shift in retail trader
Discover effective methods to make money in e-commerce without inventory. Learn about dropshipping, affiliate marketing, print-on-demand, and more!
Learn creative methods to make money with your podcast! Explore sponsorship opportunities, merchandise sales, crowdfunding, and more. Monetize your podcasting skills and discover the endless possibilities in podcast monetization.
Learn effective ways to make money by providing remote fitness training. Tap into the virtual fitness services market and connect with clients worldwide. Design a successful remote fitness training business. Let's dive in!
Warren Buffett, a well-known investor, recently expressed his concerns about artificial intelligence during Berkshire Hathaway’s annual shareholder meeting. He warned about the technology’s potential for harm, particularly in terms of scamming people. Buffett highlighted the fact that AI can be used to create realistic and misleading content, which can then be used to deceive individuals
Warren Buffett recently announced that Berkshire Hathaway is considering an investment opportunity in Canada. Despite uncertainties in the current global financial landscape, Buffett expressed confidence in putting money into Canada and revealed that the company is actively exploring potential opportunities in the country. In the past, Buffett has made significant investments in Canada, such as
Looking to monetize your passion for fitness? Learn the steps to become a successful online fitness coach and start making money now!