Indeed, Kiyosaki has stated that the global economy is what he termed as ‘the biggest bubble in history’ adding to his long-term gloomy economic prediction, he said in a tweet on November 25. Interestingly, the author notes that he does not invest in products such as equities and bonds while calling on investors to ditch paper assets. Gloomy economic outlook Notably, the global economy has greatly been impacted by the prevailing macroeconomic factors led by high inflation and interest rate hikes....

This guide will examine real estate investment trusts (REITs) and how to start investing in them. We will investigate what REITs are, how they’re structured, the various types of REITs as well as the pros and cons of investing in them. Read also: Top 6 Real Estate Investing Books for Beginners REIT definition A real estate investment trust (REIT) is a company that owns, manages, or finances income-producing real estate across various property sectors....

In particular, Bankman-Fried reportedly transferred about $4 billion of FTX funds secured by tokens such as FTT and shares in trading platform Robinhood to Alameda, Reuters reported on November 10. According to the report, a portion of the transferred funds entailed customer deposits, a transaction where Bankman-Fried allegedly failed to inform other FTX executives. However, the value of the customer deposit could be determined. Sources close to the matter indicated that Bankman-Fried’s failed to communicate with executives over fears the information could leak to the public....

Specifically, Ripple’s CEO Brad Garlinghouse believes that the SEC can be characterized as being a “bully” that is trying to “regulate through enforcement” in his interview with the CNBC Crypto World’s MacKenzie Sigalos published on September 23. Bullying crypto companies into submission? In the interview, the Ripple CEO highlighted that 95% of his company’s growth was from customers outside the U.S. “partly because the rules of the road are clear in those countries,” as well as because of the SEC’s regulation practices: Furthermore, Garlinghouse referred to the SEC as being a bully, forcing cryptocurrency companies to simply give up as they can’t afford to waste money on lawsuits that require a lot of time: He also reminded of the fact that Ripple has already “spent over $100 million defending ourselves in a case that we have tried to move forward as quickly as we can and the SEC has gone as slowly as they can....

The executive director of the Russian Association of the crypto industry and blockchain, Alexander Brazhnikov, revealed that the Central Bank of Iran is considering the creation of a stablecoin with the Russian Federation as a means of payment in transactions involving international trade, according to the local Russian news outlet Vedomosti. Brazhnikov said that the coin’s value would be tied to gold (i.e., a stablecoin). Astrakhan is a free-trade zone where Russia has started accepting Iranian merchandise; therefore, the coin would be usable there....

Court documents show that the 27-year-old intended to persuade a Russian-speaking, non-US citizen employee at Tesla’s Gigafactory Nevada to inject a malicious software into the company’s computers. Once the malware is installed, the hacker and his conspirators would use the malware to siphon data from the network and then extort money from the electric vehicle maker with threats to release the information they gathered. Kriuchkov traveled from Russia to Nevada to entice the employee to participate in the scheme with an offer to pay in bitcoin (BTC)....

The customers can use this method after they bind their accounts to Visa cards issued within the European Economic area. But, the exchange plans to expand to other regions. In that context, Binance announced that it will now allow its users to use their Visa cards to buy BNB, BTC, XRP, and ETH using the Russian Ruble (RUB). Users are advised to visit the “Buy Crypto” page to access the new service....

OCIE highlighted various approaches taken by organizations in the area of vendor management, data loss prevention, governance and risk management, mobile security, access rights and controls, training and awareness, as well as incident response and resiliency. The latest observation focuses on particular examples of operational resiliency and cybersecurity practices and control. These are the measures that organizations have taken aiming to safeguard against various threats and respond when incidents arise....

Speaking with Daniela Cambone, from Stansberry Research, Bloomberg senior commodity strategist Mike McGlone highlighted that the quick rise in wheat prices suggests the end game in 2022 will be reminiscent of 2008, as rapidly increasing commodities, particularly food, pressure consumer sentiment and heighten the possibility of a recession. Mr. McGlone noted: Wheat yield supply shock caused by fertilizer Notably, McGlone said the supply shock itself won’t be felt with wheat but rather the export of fertilizer which will ultimately have a long-term effect....

One such example is the Monetary Authority of Singapore (MAS), whose chief fintech officer Sopnendu Mohanty lauded the progress that the crypto industry and its leaders have achieved so far in a social media post on June 25. Mohanty commented as he was leaving Zurich, where he attended the Point Zero Forum hosted by Elevandi, a company established in partnership between the Swiss Secretariat for International Finance and the MAS....

Indeed, the city-state’s central bank has promised to be “brutal and unrelentingly hard” on bad behavior in the crypto industry, according to its chief fintech officer Sopnendu Mohanty, Oliver Telling at the Financial Times reported on June 23. As he explained in an interview: At the same time, Mohanty brought into question the value of private crypto assets and said that a state-backed alternative was planned to be launched in the next three years....

The latest data comes from a report entitled “The Global Holiday Supply Chain, How Much is at Stake?” by Quincus, a prominent worldwide supplier of AI-driven supply chain optimization technologies, and the Centre for Economics and Business Research (Cebr). In particular, Quincus and Cebr assessed the value of commodities in the global economy across three categories – clothing, consumer electronics, and toys – which correspond to the industries that account for the bulk of presents given over the holidays each year....

According to the survey by CoinMarketCap, as of July 20, 2021, the country received 81,433 votes, followed by Venezuela at 58,656 votes. The top ten countries likely to declare Bitcoin a legal tender received a total of 234,057 votes. Anguilla ranks in the third spot with 34,376 votes, while Panama received 17,323 votes, followed by India at 13,148 votes. Other countries to rank top include Zimbabwe (8,704), United States (7,823), Mexico (4,245), Ecuador (4,245), and Bangladesh (4,104)....

Meanwhile, a UK-based financial services company analyzed Google searches to understand which stock is the most popular among European investors. This study utilized Google search data and included an examination of how many monthly searches each stock received. It was undertaken by CMC Markets and shared with Finbold on July 28. Interestingly, the study found that Tesla (NASDAQ: TSLA) is hands down the most popular stock in Europe, with 24 countries out of 27 searching ‘Tesla stock’ most frequently....

The UK’s return to growth in February highlights the adaptability and resilience of businesses throughout the pandemic, with the nation’s GDP estimated to have grown by 0.4% despite lockdown. Besides, the services sector also grew by 0.2% in the same month as wholesale and retail trade picked up. Now, as the nation’s lockdown measures ease and shops, pubs, and restaurants finally reopen their doors for the first time in months, Britain’s economy is poised for recovery, with both business and consumer confidence surging and many predicting an economic rebound this summer....

Cybersecurity stocks are moving up as businesses globally are on high alert due to the unprovoked Russian invasion of Ukraine, fearing that the war will spill over into cyberspace and Russian hackers will attack western companies. An attack on a company can be costly, so rather than sitting back and waiting for an attack, businesses are actively investing in cybersecurity. The following three companies are worth considering if you are looking to invest in the cybersecurity space....

According to data acquired by Finbold, the top ten players in esports globally cumulatively earned $53.16 million in prize money as of July 2021. All the players are Dota 2 gamers which have emerged to be the highest paying game. Danish professional player N0tail has earned the highest amount at $6.98 million, followed by Finland-based JerAx at $6.47 million. Australian ana ranks third at $6 million, followed by Ceb from France at $5....

Meanwhile, the market’s flagship digital asset, Bitcoin (BTC) is still trading below $20,000 as it looks to reclaim the significant phycological level. As a result, the maiden coin has left the global crypto market cap trading at $955 billion as of August 29, according to CoinMarketCap data. Given the heightened turbulence in the market, crypto trading analyst Michaël van de Poppe stated on Twitter that the “moment of truth is coming up for the entire crypto market....

Taking into account its current behavior, Bitcoin is approaching a crucial level, with the ‘significant’ resistance area between $20,750 and $20,900, crypto trading expert and analyst Michaël van de Poppe noted on October 27. In his tweet and accompanying chart, Van de Poppe explained that, in order for BTC to continue its bullish run, it needs to stay at the area of $20,500: Bitcoin price analysis Van de Poppe’s expectations might as well come true, as Bitcoin was at press time trading quite above that range – at $20,713 – which is an increase of 1....

Combining growth and profitability the mid-caps can represent the best of both worlds for investors. Finbold identified two mid-caps that are worth keeping an eye on since their performance has been stellar so far and promises to be even better in the long term. Graphic Packaging Holding (GPK) Leading provider of paper-based packaging solutions has had a nice 2021, growing at a steady clip. Sales reached $1.99 billion against the expected $1....