An Investor sues Elon Musk for USD 258 bln. over Dogecoin

Image of a crumbling Dogecoin

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. 

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The War Puzzle Effect: Why Wartime Investments Can Pay Out in the Long Run (+ Our 5 Safe Haven Picks)

Top wartime investments in 2022

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.

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Warren Buffet Vs. the Markets: 3 Tips from America’s Top Dog Investor to Tide You Over the Pandemic

Portrait of Warren Buffett

Source: Depositphotos | Creator: dima4to@gmail.com

Reading time: 4 minutes

In the world of market opportunities, Warren Buffett is somewhat of a living legend. But that title is not just for show. As a more recent example, the net worth of Berkshire Hathaway’s famous owner skyrocketed past the $100 billion mark back in March 2021 at a time when most businesses and investors all over the globe were struggling to make ends meet.

So, how did he do what others could not?

In this article, we’ll look at 3 tips that the “Oracle of Omaha” recently shared which we think will help you on your journey towards achieving financial independence.

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Are Safe Haven Assets Becoming Extinct?

Vector graph showing an investor grappling with bearish market

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?

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Blockchain Technology: What It Is, How It Works, and Why the Corporate World Finds It So Irresistible

Interconnected network in the cyberspace

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. 

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