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Experts React to FTX’s Epic Fall

FinanceBy VergesourceNovember 16, 2022Leave a comment

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

FinanceBy VergesourceNovember 16, 2022Leave a comment

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……

What Are Dapps? How Decentralized Cryptocurrency Applications Work

FinanceBy VergesourceNovember 15, 2022Leave a comment

Decentralized applications, typically known as “dapps” or “dApps,” are cryptocurrency programs such as games and financial products that run on a blockchain network rather than a centralized server controlled by a single company. Dapps are a broad category in the world of cryptocurrency. The term could describe anything from a decentralized crypto exchange to a……

5 Mistakes You’re Making With Medicare Open Enrollment

FinanceBy VergesourceNovember 15, 2022Leave a comment

Millions of retirees are in the thick of Medicare open enrollment, which runs from Oct. 15 to Dec. 7, but many find the process challenging. Some don’t understand the difference between Original Medicare and Medicare Advantage, many are overwhelmed by Medicare advertising, and only 4 in 10 people review their plan options each year, according……

How to Not Get Sick on Vacation — Plus What to Do If You Catch Something Anyway

FinanceBy VergesourceNovember 15, 2022Leave a comment

There’s little else that kills the joy of traveling more than sickness. Whether you’re suffering from Montezuma’s revenge or a case of the sniffles, illness on the road is the worst. But what are you supposed to do if you get sick while traveling? Let’s look at what it’s like to get sick on vacation —……

American Airlines Loyalty Choice Rewards for High-Status Members

FinanceBy VergesourceNovember 15, 2022Leave a comment

Customization is the new “in” thing for loyalty programs. Rather than all members earning the same rewards, more airlines and hotel programs offer loyal members their choice from a list of perks. And that’s just what American Airlines offers elite status members through Loyalty Choice Rewards. Here’s how to earn these valuable Loyalty Choice Rewards……

What Happens If an Airline Loses Your Luggage?

FinanceBy VergesourceNovember 15, 2022Leave a comment

We’ve all heard the horror stories. You’re the last person standing at the baggage carousel when suddenly it beeps and drags to a halt. But your bag is nowhere to be found. What happens if an airline loses your luggage? Your gut reaction may be to panic, but if you know what to do in these……

Hotel Review: JW Marriott Maldives Resort & Spa

FinanceBy VergesourceNovember 11, 2022Leave a comment

Vacation paradise can take various forms for different people. Still, the image that comes to mind for many is the dream of an overwater villa hovering over turquoise-blue water. JW Marriott Maldives Resort & Spa is the quintessential example of that, although the Maldives, in general, is not lacking in spectacular overwater villa resorts. One……

The Guide to United Polaris Business Class

FinanceBy VergesourceNovember 11, 2022Leave a comment

Looking to arrive at your next destination without a crick in the neck, and to splurge on a premium class when flying long haul with United Airlines? Then consider United Polaris business class for your next journey overseas. When flying in a Polaris cabin, you’ll get a lie-flat bed, lounge access, two free checked bags……

4 Things to Know About AmEx Trip Cancellation Insurance

FinanceBy VergesourceNovember 11, 2022Leave a comment

As a card issuer, American Express is well-known for its generous benefits. So whether you’re looking for statement credits, elevated earnings on dining or hotel elite status, AmEx probably has a card that’ll fit. Among these perks is travel insurance, which can cover you when things go awry. But how does AmEx trip cancellation insurance……

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