Celsius Network listed a $1.19 billion deficit on its balance sheet in a bankruptcy court, a day after the cryptocurrency lender filed for Chapter 11. New Jersey-based Celsius froze withdrawals last month, citing "extreme" market conditions, cutting off access to savings for individual investors and sending tremors through the crypto market. In the filing at
A Texas woman was arrested after being busted in a multi million dollar scheme by repairing people's credit. Reports say the scheme was done from November 2020 through March 2022 the woman used fake police reports clearing up close to a million dollars of debt. The fake police reports were sent to multiple financial institutions.
The US Dollar and the Euro exchange rate reaches equal value for the first time in 20 years. The Euro dropped 12% since the start of the year and the lowest since 2002. To Read More Click Here. Source: Washington Post
The cost of USPS stamps went up 2 cents as of Monday. The announcement was made back in April saying inflation and increased services are the reasoning for the price hike. The Postmaster General said expect prices to continue to go up. To Read More Click Here. Source: KMOV
Summer learning had started, but learning about money is runs in all four seasons. A financial literacy app launching later this year aims to teach children how to manage their money, improve their earning potential and bridge the wealth gap among underserved communities. The new app-based game for children called Berryville is based on certified