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The Unknown Crypto Billionaire And Binance Founder Changpeng Zhao

Binance is the largest crypto exchange by trading volume. Changpeng Zhao founded Binance in 2017. He is an experienced tech entrepreneur and founded Fusion Systems in 2005 in Shanghai; the company built high-frequency trading systems for stockbrokers. In 2013, he joined Blockchain.info as the third member of the cryptocurrency wallet's team and worked at OKCoin as CTO for less than a year.

March 31, 2022

CyberFinance

Good News! Facebook Sued Over Fake Crypto Ads!

The Australian Competition and Consumer Commission (ACCC) sues Facebook's parent company, Meta, over targeted fake crypto ads that have scammed Australians out of more than $100 million. The ACCC alleges the company engaged in false, misleading, and deceptive conduct by publishing scam ads featuring prominent Australians. In one instance, a victim lost $650,000 to a scam. Fake ads on Google and Facebook are the most efficient way for scammers to chase

March 18, 2022

Finance

Who is the Russian Oligarch Alisher Usmanov?

The Russian Alisher Usmanov, born 9 September 1953, is the owner of the world's largest superyacht, Dilbar, estimated to be worth up to a billion. Usmanov's net worth is said to be just under $18B. Of course, he has excellent connections to Putin and the Russian establishment.

February 23, 2022

Business & Economy

U.S. Government against Big Tech – An App Store Bill Ante Portas!

The GAFAM War For years, GAFAM (Google, Apple, Facebook, Amazon, and Microsoft) has been waging...

February 20, 2022

Finance

UK Regulator Takes Action Against Financial Influencer Marketing Campaigns

Social media is a powerful marketing tool, and influencers are the name of the game. The best influencers on Instagram and TikTok earn millions. Regulated financial institutions and scammers deploy influencers to chase after clients and victims, respectively. Lately, the UK Financial Conduct Authority (FCA) has taken action against Freetrade (www.freetrade.io) and ordered the regulated broker to remove all paid-for sponsored influencer advertisements and posts across all social media platforms.

February 13, 2022

CyberFinance

So, TikTok kills Meta? The Dawning Chinese Social Media Age!

Meta Platforms saw its stock market value slump by more than $230B last week. A record daily loss for a US firm. Its shares fell 26.4% after quarterly figures disappointed investors. Meta also said that Facebook's daily active users (DAUs) had dropped for the first time in its 18-year history and fell to 1.929B in the three months to the end of December, compared to 1.930B in the previous quarter.

February 7, 2022