Grit Daily Finance

SBF, FTX Failures at the Center of Effective Altruism Hypocrisy among Billionaires
We recently wrote about Elon’s takeover of Twitter and since then he’s released more of the Twitter files, banned journalists from the site, get “hardcore” and let a public poll determine if he should remove himself as CEO. He’s had a busy week and dominated headlines, but he’s not the only billionaire in the news […]

Here’s What to Make of MoonPay’s FCA Registration
Crypto-payments app, MoonPay, has gained UK regulator registration with the Financial Conduct Authority (FCA). This registration signifies that the firm is compliant with money laundering rules and regulations set by the FCA. MoonPay is a digital wallet that allows users to buy, sell, and hold various cryptocurrencies. It was founded in 2018 and has since […]

Following FTX and BlockFi Bankruptcies, Is Crypto.com Next?
Saying that it has been a difficult year for crypto would be quite an understatement. The Terra/Luna crash, Axie Infinity hack, Celsius collapse, Three Arrows Capital fiasco, and now the FTX controversy are enough to have anyone wondering about the future of crypto. With fears of contagion starting to mount up, we all are wondering […]

Is Prison Likely for Sam Bankman-Fried?
Who would have thought that of all people, Larry David would be right about the future of FTX? Sure, Larry might have been wrong about doubting the wheel, forks, toilets, coffee, democracy, the lightbulb, dishwashers, and iPods but we all should have been listening to his doubts on FTX. Not only did the cryptocurrency exchange […]

Don’t Overlook the Future in SMB Underwriting
SMB underwriting isn’t the most exciting subject in the world, but scratch beneath the surface and you’ll quickly realize how important it is. Simply put, lending capital is the bedrock of modern economies, but it’s becoming harder for businesses to attain. In my opinion, it’s an area that’s been overlooked within the world of finance. […]

Ethereum Merge Brings 3 Major Improvements Benefiting Individual Investors and the Environment
All eyes are on cryptocurrency lately, with many concerned about the future. But one significant recent change means some positive advancements. In September, Ethereum completed a major software update called The Merge. The Ethereum merge set Ethereum on track to become the fabric of the full global economy with substantial growth opportunities in investments for individuals and investors and […]

Jared Broad, CEO and Founder of QuantConnect, Explains Automated Investing Based on Data
Jared Broad founded QuantConnect in 2011 and serves as the CEO of the algorithmic trading platform. QuantConnect empowers engineers, data-scientists and quants with an ecosystem of tools to design and trade quantitative trading strategies. The platform serves financial data, and clients write python or C# strategies to find alpha and execute on it. QuantConnect serves […]

Curastory Report Unveils NIL Earnings of Top College Athletes
The top four NIL earners are Sedona Prince of Oregon, Sam Hurley of Texas, Sunisa Lee of Auburn, and Camryn Rogers of California. Women and video are winning the content creation war. New York, NY – Curastory, the content creation DPA that allows for creators and brands to automate the video marketing process, today released a […]

8 Ways to Manage Your Cash That Most People Don’t Know About
If you’re like most people, you probably don’t think about cash management very often. After all, what is there to manage? You just have your income coming in and your expenses going out, right? Wrong. There’s a lot more to cash management than that. In fact, proper cash management can save you a ton of […]

Following PR Crisis, PayPal Again Updates TOS Hoping You Won’t Notice
As far as PR crises go, PayPal has gotten itself into quite the predicament. On October 8th, the company updated its terms of service agreement to include a clause enabling it to withdraw $2,500 from users’ bank accounts simply for posting anything the company deems as misinformation or offensive. Unsurprisingly, the backlash was instant and […]