Customers Financial News
18.04 / 20:53
30.03 / 13:49
Binance
Customers
CFTC lawsuit spotlight’s how Binance sought to curry favour with big-ticket customers
A regulator’s lawsuit against crypto exchange Binance Holdings has shed light on the secretive role of high-frequency traders in crypto and how Binance sought to curry favour with such big-ticket customers.
28.03 / 18:01
UPS
CEO
SVB
Customers
SVB customers tried to withdraw nearly all the bank’s deposits over two days, Fed's Barr testifies
The run on Silicon Valley Bank's deposits this month went far deeper than was initially known.
28.03 / 05:49
business
Blockchain
Hackers
Cybersecurity
Customers
Bitcoin ATM maker to refund customers impacted by zero-day hack
Bitcoin ATM manufacturer General Bytes says it is reimbursing its cloud-hosted customers that lost funds in a "security incident" in March that saw its customers' hot wallets accessed.
24.03 / 17:33
ETH
Binance
CEO
Customers
Binance insiders allegedly helping customers bypass KYC norms
Though the world’s largest cryptocurrency exchange, Binance [BNB] has made significant efforts to be a leader in transparency since FTX’s demise, a new CNBC report claimed that Binance insiders were allegedly assisting users with circumventing security protocols.
24.03 / 13:49
business
Binance
regulation
security
KYC
Customers
Binance employees allegedly help customers in China bypass KYC controls
Binance, the world’s largest cryptocurrency exchange, has made significant efforts to be a leader in transparency in the industry since the FTX scandal. However, a new report claims that Binance insiders are allegedly helping users bypass security protocols.
13.03 / 14:39
UPS
Provident
Ripple
SEC
coinbase
Kraken
services
Customers
Coinbase reassures customers on staking services amid SEC crackdown
In recent years, staking services have become increasingly popular among cryptocurrency investors. Staking refers to the process of holding and locking up a certain amount of cryptocurrency in a wallet to participate in the network's consensus mechanism and earn rewards. Centralized exchanges like Coinbase and Kraken have been offering staking services to their customers as a way to generate additional revenue.
13.03 / 13:17
HSBC
Bank of England
banking
Silicon Valley Bank
acquires
Customers
HSBC Acquires Silicon Valley Bank UK for £1 to Safeguard Customers and Taxpayers – What's Going On?
Global banking giant HSBC has acquired the UK subsidiary of now-collapsed lender Silicon Valley Bank for £1 ($1.21) after all-night talks between the government, regulators, and other prospective buyers.
12.03 / 19:53
UPS
JPMorgan
Chase
CBS
SVB
Customers
Here's what could happen next for Silicon Valley Bank customers
Silicon Valley Bank's customers, along with investors and bankers across the globe, are waiting for an announcement from U.S. regulators about what comes next after the largest bank failure since 2008.
03.03 / 15:57
UPS
Twitter
CoinMarketCap
Reddit
Customers
Celsius custody customers begin withdrawing funds, details inside
Bankrupt crypto lender Celsius Network has finally opened up withdrawals for certain customers, almost a year after it suspended withdrawals before filing for Chapter 11 bankruptcy.
03.03 / 09:35
business
regulation
SEC
coinbase
Banks
banking
Digital Asset
accounting
lawmakers
Customers
U.S. lawmakers argue SEC accounting policy places crypto customers at risk
Two United States lawmakers have criticized crypto accounting guidelines outlined by the securities regulator, arguing it places crypto customers at greater risk of loss.
03.03 / 07:17
business
regulation
Court
Bankruptcy
Celsius
Withdrawals
freeze
Customers
Celsius Custody customers finally begin withdrawals 263 days after freeze
Some Celsius customers have reported being able to withdraw funds from the bankrupt crypto firm for the first time, some 263 days after the lender froze withdrawals in the lead-up to its bankruptcy filing.
01.03 / 08:51
Binance
regulation
Court
Bankruptcy
Restructuring Plan
Customers
Binance US restructuring plan favored by 97% of Voyager customers
A move by Binance US to acquire assets belonging to the bankrupt crypto lending firm Voyager Digital has been favored by 97% of Voyager’s customers.
27.02 / 21:43
Forbes
Cumberland
Customers
Binance reportedly moved $1.8 billion of collateral backing customers stablecoin
Binance – the world’s largest crypto exchange – continues to be embroiled in controversies. The latest report by Forbes states that the crypto exchange moved $1.8 billion of collateral backing customers’ stablecoin without their knowledge. The incident took place from August 2022 to December 2022, at a time when the crypto market had seen a major slump as a result ofFTX’s collapse.
27.02 / 20:25
Ethereum
G20
Charity
DApp
Chainalysis
Bitcoin
Customers
Today in Crypto: Tel Aviv Stock Exchange to Let Nonbank Members' Customers Trade Crypto, Two Hackers Arrested in France, $70M in BTC and ETH Donated to Ukraine
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
14.02 / 18:51
Blockchain
Binance
Platform
Strategy
Enterprise
Intuit
Luna
businesses
strategies
Customers
How are crypto businesses putting customers back at the center of their strategies?
During a bear market, businesses have the opportunity to shift their focus away from money-making to innovation. On this premise, the 2022 disasters that affected the crypto market severely — from Luna to Celsius and the FTX collapse — have emphasized one significant notion: Trust must be earned, and it’s not easy to attain.
13.02 / 20:13
Digital
Platform
Southern
crypto deposits
Customers
Judge Rules Celsius Networks Owns Customers' Crypto Deposits
A federal bankruptcy judge ruled that Celsius Network owns most of the cryptocurrency that customers deposit on its online platform, meaning that Celsius customers will be the last to receive repayment from the crypto lender.
10.02 / 13:47
SEC
Legal
IRS
Kraken
Tax
DOJ
Customers
The IRS is Taking Action to Uncover Identities of This Crypto Exchange's Customers – Who Will Be Affected?
According to the Internal Revenue Service (IRS), the American tax authority, Kraken, the giant crypto exchange, failed to provide requested information regarding its US customers who conducted crypto transactions worth $20,000 or more between 2016 and 2020.
09.02 / 15:42
UPS
Ethereum
Twitter
SEC
CEO
coinbase
Kraken
Crypto Staking
Customers
Billionaire Coinbase CEO Sounds Alarm Over Rumoured SEC Ban on Crypto Staking for Retail Customers
Brian Armstrong - the brains behind Coinbase - hit back at rumours of an incoming US crypto staking ban.
06.02 / 23:45
business
Blockchain
Technology
Web3
FinTech
Crypto Staking
Customers
Digital bank Revolut launches crypto staking for UK and EEA customers: Report
United Kingdom-based neo-banking platform Revolut, which boasts 25 million customers globally, has introduced crypto staking to its U.K. and European Economic Area (EEA) customers.
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