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Crypto CEO, CZ Zhao Becomes One of The Richest Billionaires in The World

According to the daily Bloomberg billionaires index update, Cryptocurrency exchange Binance founder and CEO, known as Changpeng “CZ” Zhao, was named the 12th wealthiest person, globally. CZ, as he is known to cryptophiles, is worth $96 billion above Mukesh Ambani, the Indian tycoon whose worth is currently $92.9 billion, and below Oracle founder Larry Ellison, Meta founder Mark Zuckerberg, and others as of January 9, 2022. CZ’s fast growth to become one of the wealthiest billionaires is a sign that digital currency is widely gaining acceptance in the world. He attained his position amongst other businessmen just 5 years after launching Binance in July 2017. CZ, a 44-year-old Chinese-Canadian entrepreneur, was born in China and was raised and educated in Canada. He has Canadian citizenship and studied computer science at McGill University. After graduating from the university, CZ worked for Tokyo Stock Exchange as a subcontractor developing software to match trade orders. After that, he worked for Bloomberg Tradebook for four years as a futures trading software developer. CZ decided to sell his apartment to fully go into the Binance business after learning about bitcoin in 2013, during a poker game. CZ is a Crypto founder and a previous member...
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Floyd Mayweather and Kim Kardashian Being Sued Over Cryptocurrency

Over the last few years, cryptocurrencies have skyrocketed in popularity. Thanks to Bitcoin, currencies like Ethereum and Dogecoin have become legitimate ways for people to invest their money. For many, it’s been a great way for people to make a significant profit. However, it’s not all bright and cheery in the world of cryptocurrencies. Right now, Floyd Mayweather and Kim Kardashian are in a bit of hot water regarding their promotion of a specific cryptocurrency. The two have been accused of misleading investors through their promotion of the cryptocurrency token EthereumMax, or EMAX.  The lawsuit was filed January 7th in Los Angeles federal court. It claims that both Mayweather and Kardashian promoted the coin to their followers in order to get them to invest in it. As their followers invested their money, the stake that the two had in the cryptocurrency increased, netting them larger profits. However, when the two pulled their own money out, the token failed, causing many of the other investors to lose large amounts of money. The lawsuit stated: The company's executives, collaborating with several celebrity promoters ... made false or misleading statements about EthereumMax through social media advertisements and other promotional activities. The portion stating...
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Tik Tok User Trades in Bobby Pin for a House

For many people, owning a home is a dream that may never come true. It takes a good amount of money to buy a house and some people will never make enough for a down payment.  One Tik Tokker recently got creative and managed to make her dream to buy a home a reality starting by trading a one cent body pin. She continued her bartering and was eventually able to afford an $80,000 home.  Demi Skipper of San Francisco started her “Trade Me Project” in May of 2020. She kept followers updated on her Instagram and Tik Tok accounts which resulted in her gaining millions of followers.  On Dec. 12, 2021, she posted a video of herself proudly standing in front of her two-bedroom detached house near Nashville, TN. “After 28 trades and all the ups and downs, I finally did it,” she said in the video.  Skipper was inspired by a TED Talk by Kyle MacDonald, a Canadian who traded his way to a home starting with a paperclip. “The moment I realized no one else had done this since, I was like ‘OK, I have to do this’.” She integrated a few rules into the task. No...
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Everything You Need To Know About the Metaverse

After Facebook changed its name to Meta back in the fall of 2021, a heavy influx of news stories about the Metaverse eventually followed. The concept is likely complex for anyone who hasn’t been well-educated in the digital space since the term was coined back in 1992. Anyone who feels like they’re on the outside looking in when it comes to anything related to virtual reality or the metaverse isn’t alone. Although virtual reality has made strides in the past few decades, it’s only recently gained the potential to become a hot consumer item with Meta’s (then known as Facebook) 2020 release of the Oculus Quest 2. The technology of the Oculus Quest 2 offers users ranges from expanded work from home capabilities to VR chat rooms. Even though the potential the metaverse possesses is great, there are still numerous questions people need answers to before taking the leap for themselves.   What Is the Metaverse? Simply put, the metaverse combines augmented reality with virtual reality to create an immersive experience where people can connect to play together, collaborate on work projects or just socialize. The term ‘metaverse’ first appeared in the sci-fi book by Neal Stephenson called Snow Crash. The...
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Donald Trump Announces that His Social Media Platform Will Launch This President’s Day

Former President Donald Trump is making waves with the announcement that his new social media platform will be launched on President’s Day.  The platform, dubbed Truth Social, is one month away from opening the floodgates to conservatives and those who claim to be truth-seekers.  The reveal was made through a listing in the Apple App store.   The former commander-in- chief first announced the new social platform in October 2021.  Truth Social has the potential to rival the massive social media platforms such as Twitter and Meta that currently dominate online discussions.  Trump has previously lambasted those platforms for censorship. App Details Trump’s new social media app is backed by his corporation, Trump Media & Technology Group.  The app can be preordered prior to the anticipated release date.  If everything goes as planned, conservatives will be conversing with one another on the platform as early as February 21, 2022.   The appeal of the app extends beyond its use as a safe space for conservatives to engage in witty banter with one another.  Truth Social users will share their opinions with one another with the posting of what the Trump group refers to as “TRUTH”, “Re-TRUTH”, video links, news stories, photos, and...
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