🚚 Solo Sellers, Pay Up!

🚚 Amazon Imposing Fee on Merchants Who Do Their Own Shipping

Do you sell stuff on Amazon? If you do, you might want to brace yourself for some bad news.

Amazon is going to charge you an extra 2% fee on your sales starting in October if you don’t use its fulfillment services.

This fee applies to merchants who are part of the Seller Fulfilled Prime program, which lets them show the Amazon Prime badge on their product pages even though they ship the products themselves.

The new fee is on top of the 15% commission that merchants already pay to list their items for sale on Amazon’s site.

Why is Amazon doing this? They want to reduce their dependence on third-party carriers like UPS and FedEx, who sometimes fail to meet their delivery standards.

By forcing more merchants to use their fulfillment services, they can have more control over the delivery process and ensure customer satisfaction.

🏠 Are 'House Hackers' Just Rebranded Landlords?

There’s a new financial TikTok craze in town called “house hacking.”

It involves buying a house or multi-unit building and sharing the living space with tenants who pay the mortgage for you.

While the trend can be lucrative for the hacker, it may still be misleading to the tenants. Some house hackers are pretending to be just another roommate, instead of telling the tenants they are the owner of the building.

House hackers can utilize government-backed loans with smaller down payments, but they take on a lot of debt and there’s no guarantee they’ll find tenants.

Some argue that house hackers are just landlords rebranding themselves with a less polarizing name. Whether the term or the trend sticks is hard to say.

💎 Scam Tokens Thrive on New Coinbase's Base Blockchain

There’s no such thing as a free lunch, especially not in the crypto world.

Coinbase’s new blockchain, Base, is now filled with scam tokens.

How many?

According to a report by Solidus Labs, a crypto-security firm, there are already 516 of them. And they’ve already duped people into trading $3.7 million worth of them.

How do these scam tokens work? Well, they usually have names that sound like legit projects, such as BaseSwap, BaseFi, or BaseCoin.

They also have logos and websites that look professional and trustworthy. But once you buy them, you’ll find out that they’re worthless or even malicious.

The issue is not unique to Base, as scammers will flock to anything buzzy.

The question is where does the responsibility lie for the influx of scam tokens? Users, Coinbase, or regulators?

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