Daily Archives: November 16, 2022

Experts React to FTX’s Epic Fall

Crypto exchanges FTX and FTX.US, its U.S. branch, filed for Chapter 11 bankruptcy on Nov. 11. Shortly after, more than $600 million was drained out of FTX wallets in an apparent hack. The following day, the Financial Times published FTX’s balance sheet, which showed $9 billion in liabilities and just $900 million in easily sellable……

How to Stay Safe When Using Mobile Banking Apps

Americans embraced mobile banking as their main account access more than any other method from 2017 to 2021, according to the Federal Deposit Insurance Corp.’s 2021 report on unbanked and underbanked households. Even so, a new NerdWallet survey found that many people are hesitant to use mobile banking because of security concerns. More than 2……