Source: Dreamstime | Author: Valerii Piankovskyi
Reading time: 2 minutes
An American cryptocurrency investor has filed a complaint with the federal court in Manhattan against Elon Musk, as reported by Reuters. The suit, seeking the impressive sum of $258 bln., claims that Musk is running a pyramid scheme which had artificially inflated the price of the Dogecoin cryptocurrency.
Source: Dreamstime | Author: DeltaStock
Reading time: 13 minutes
Just as the world was about to exit a two-year-long pandemic that shook the global economy to its core and forced millions of people to explore remote work options, it was dragged headfirst into a wave of violence and a humanitarian tragedy not witnessed since the Second World War.
Thus, when Russian President Vladimir Putin ordered his troops to invade Ukraine in the early morning of February 24th, 2022, he caught many investors completely off-guard.
Source: Pixabay | Photographer: geralt
Reading time: 6 minutes
In an age of fast-spreading viruses and instant contactless payments, it makes perfect sense that the nations of the world are toying with the idea of bringing their currencies in the digital realm. Following the steps of People’s Bank of China and Sweden’s Riksbank, at the beginning of October, the European Central Bank was the latest financial institution to propose the digital equivalent of its official currency – the euro.
Source: Dreamstime
Reading time: 5 minutes
In a matter of months, the COVID-19 pandemic grew from a considerable health threat to a global financial crisis. What followed was a torrent of sell-offs and fund transfers to so-called safe havens, such as gold, government bonds, and the Japanese yen, which quickly weakened the stock markets to an extent comparable only to the worst of market recessions.
The en masse and almost simultaneous investor migration from medium- and high-risk financial instruments to traditionally strong assets in times of crisis inevitably had us asking the question: what are the hidden risks of investing in safe havens in 2020?
Source: Pixabay.com
If you haven’t heard the words “blockchain”, “blockchain technology”, and “distributed ledger technology” (DLT), you must have been living under a rock for the past few years.
But most likely you have heard them repeated over and over again, touted as the greatest thing since sliced bread and the solution to all global woes.
Blockchain could do everything—create money, manage assets, transfer money, track the movement of bananas from the small farm in Ecuador to the supermarket, thus ensuring you are eating fair trade bananas, help you rent a car, manage the smart appliances in your home, offer solutions for personal identification and so on, and so forth.