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How to build an emergency fund using budgeting apps

[May 13, 2023 5:07 AM] Track your expenses and savings goals using budgeting apps to build your emergency fund.

What is profit and loss (PnL) and how to calculate it

[May 5, 2023 2:07 AM] PnL refers to the financial gain or loss from buying and selling cryptocurrencies. To calculate it, use various method like the FIFO, LIFO, YTD, and more!

China’s Inflation Rate Drops to Lowest in 18 Months

[Apr 11, 2023 4:00 PM] The annual inflation rate in China has unexpectedly slowed down in March to its lowest level in a year and a half, the latest statistical data indicates. On a monthly basis, consumer prices decreased for a second consecutive month, despite…

FTX's bankruptcy lawyers and advisors pocket $32.5M in February

[Apr 10, 2023 11:22 PM] The reimbursement expenses for FTX’s massive team of legal professionals are just as exorbitant in February as they were the previous month.

Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

[Mar 30, 2023 1:30 PM] Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense…

First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B

[Mar 27, 2023 2:30 PM] According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens Bank & Trust Company, which is based in Raleigh, North Carolina. First Citizens acquired all deposits and…

Lawyers picnic: FTX counsel and advisors rake in $34M in January

[Mar 7, 2023 11:03 PM] Millions have been invoiced from a host of law firms, investment bankers, consultants and financial advisers in FTX’s bankruptcy case.

FTX Bankruptcy: Judge Delays Decision on Appointing Independent Examiner Amid Cost Concerns

[Feb 7, 2023 11:30 AM] Judge John Dorsey has delayed his decision on whether to appoint an independent examiner in the FTX case. At the latest hearing, Dorsey acknowledged that the cost to debtors could reach tens of millions of dollars. Currently, the bankruptcy judge…

FTX spent $40M on food, flights, and hotels in just 9 months: Court filings

[Jan 8, 2023 11:39 PM] FTX did not hold back on company expenses in the Bahamas, according to court documents.