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Coinbase CEO admits to broken UX, promises rapid improvements following customer feedback
Coinbase CEO Brian Armstrong said the exchange would improve the user experience on its main application over the next few weeks after conceding that it was broken in an Aug. 12 tweet. Coinbase broken UX According to Armstrong, the user experience on its application was below par, especially for non-fungible tokens, L2s, and decentralized applications. дальше »
2023-8-14 12:00 | |
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CFTC Files Fraud Charge Against ‘Blockchain’ Entity That Claims To Grow Customer Funds
The Commodity Futures Trading Commission has filed a complaint in the US District Court for the Middle District of Florida against four individuals and their unincorporated entity, Fundsz. This complaint accuses them of fraudulent solicitation from customers to supposedly trade in cryptocurrencies and precious metals. дальше »
2023-8-12 15:50 | |
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Jaques Sermand: Merging Luxury Timepieces with NFTs
Explore Jaques Sermand's blend of luxury watchmaking & NFTs, enhancing customer experiences in the digital age with watch authenticity and an exclusive club. The post Jaques Sermand: Merging Luxury Timepieces with NFTs appeared first on NFT News Today. дальше »
2023-8-10 20:22 | |
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Voyager Digital Customer Data Reportedly Hacked During Bankruptcy Proceedings
Former customers of Voyager Digital have allegedly had their data compromised. The post Voyager Digital Customer Data Reportedly Hacked During Bankruptcy Proceedings appeared first on BeInCrypto. дальше »
2023-8-2 20:00 | |
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FTX To Eliminate FTT Token, Suggests Creditors Be Paid In Cash
In a recent development, the bankrupt FTX crypto exchange has announced a draft creditor-repayment plan as part of its ongoing bankruptcy restructuring procedure. The freshly revamped exchange intends on clearing out its digital token FTT while settling customer claims in cash. дальше »
2023-8-1 15:00 | |
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Genesis Chapter 11 Bankruptcy Set To Be Resolved Soon, DCG Says
Genesis Global Holdco, the parent company of cryptocurrency lender Genesis Global Capital, filed for Chapter 11 bankruptcy protection on January 20. The move came after Genesis Global Capital halted customer repayments on November 16, raising concerns about the potential failure of other firms. дальше »
2023-8-1 03:00 | |
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Heartland Tri-State Bank collapses, FDIC steps in
The Heartland Tri-State Bank is bankrupt but the FDIC has already stepped in to protect customer interests. Bitcoin prices remain stable дальше »
2023-7-29 15:09 | |
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Distrust Wallet? A Crypto User’s Experience With Popular Storage Solution
A cryptocurrency user recently had their Trust Wallet account wiped clean of Ethereum and Tether within seconds of making a deposit. While this situation is sad enough, the real problem is what this user has since experienced after reaching out to the wallet’s customer support. дальше »
2023-7-28 00:28 | |
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Celsius reaches key settlements in bankruptcy proceedings
Celsius could return customer assets by the end of the year after parties resollved two key bankruptcy issues. CEL price rose more than 12% to $0.18 before paring gains. The price of Celsius Network token CEL was up by more than 12% on Saturday afternoon to rank among the top gainers on the day as […] The post Celsius reaches key settlements in bankruptcy proceedings appeared first on CoinJournal. дальше »
2023-7-23 23:21 | |
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DeFi Platforms And Bitcoin ATMs Face Major KYC Hurdles With New US Bill
A new bill introduced into the US Senate proposes to tighten Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations for decentralized finance (DeFi) services. The Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act aims to prevent money laundering, stop crypto-facilitated crime and sanctions violations, and ensure that DeFi services meet the same AML and […] дальше »
2023-7-20 00:00 | |
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Prime Trust Put Into Receivership Amid Shortfall in Funds, Charges It Misused Customer Money
Crypto custodian Prime Trust has been ordered by the Eighth Judicial District Court of Nevada, where the company has its headquarters, to be put into receivership after the state ordered the custodian to cease all activities amid a shortfall of customer funds. дальше »
2023-7-19 00:14 | |
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Nevada judge approves Prime Trust’s receivership application
As invezz. com reported last month, the Nevada Financial Institutions Division (NFID) filed a petition to place the troubled cryptocurrency custodian firm Prime Trust under state receivership. That followed reports of the company lacking funds after losing access to some customer wallets. дальше »
2023-7-20 23:52 | |
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National Australia Bank blocks millions in crypto transactions citing scam concerns
National Australia Bank (NAB) blocked over A$270 million (around $184 million) in customer payments that raised scam concerns during the last four months, according to a July 17 statement. NAB blocking payments to ‘high-risk’ cryptocurrency exchanges NAB stated it stopped an undisclosed amount of transactions to crypto platforms where scams were prevalent between March and […] The post National Australia Bank blocks millions in crypto transactions citing scam concerns appeared first on CryptoSlate. дальше »
2023-7-18 22:15 | |
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Kraken Fights IRS Request, Claims Overreach and Argues Customer Protection
In 2021, Kraken had seemingly received a summons from the Internal Revenue Service (IRS), but the exchange did not conform with the order. The IRS now intends to look into the tax liabilities of customers who used the platform to transact in cryptocurrencies between 2016 and 2020. дальше »
2023-7-15 16:34 | |
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Binance headcount reduction hits 1,000 employees: Report
The ongoing workforce reduction is reportedly global, with customer service workers heavily affected.
дальше »2023-7-15 21:01 | |
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Celsius Reorganization Not Affected by $4.7B Settlement With U.S., Bankrupt Crypto Lender Says
That includes customer recoveries, the bankruptcy crypto lender said Thursday. дальше »
2023-7-14 00:40 | |
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Bank of America May Be Closing Accounts Linked With Coinbase
Brian Armstrong catches wind of a possible scheme by Bank of America to block customer access to Coinbase trading. The post Bank of America May Be Closing Accounts Linked With Coinbase appeared first on BeInCrypto. дальше »
2023-7-13 19:15 | |
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FTC Banned Celsius from Handling Customer Assets
The Federal Trade Commission (FTC) has struck a settlement with Celsius Network, a cryptocurrency platform currently in bankruptcy. The settlement, pending approval, will see Celsius permanently prohibited from dealing with... дальше »
2023-7-14 18:36 | |
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FTX Claims Portal Down After An Hour, Is All Hope Lost?
FTX, the insolvent cryptocurrency exchange, encountered a setback as its newly launched customer claims portal unexpectedly went offline shortly after its debut. The portal, aimed at facilitating the submission of proof-of-claims by FTX creditors, devolved into the realm of disappointment when users discovered it had gone dark after only an hour of operation. The sudden […] дальше »
2023-7-12 17:00 | |
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7-Eleven NFTs: Retail Innovation with Slurpee Digital Collectibles
Retail giant 7-Eleven dives into the NFT space with Slurpee NFTs on the Polygon network, transforming customer engagement through digital collectibles. The post 7-Eleven NFTs: Retail Innovation with Slurpee Digital Collectibles appeared first on NFT News Today. дальше »
2023-7-12 15:25 | |
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BlackRock’s Bitcoin ETF Application Takes Surveillance to the Next Level
An Information-Sharing Agreement, which appears to be absent from public spot Bitcoin ETF filings, compels a crypto exchange to share trading data up to and including personal information such as a customer’s name and address. дальше »
2023-7-12 19:04 | |
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Belarus Intends To Put A Ban On P2P Crypto Transactions, Here’s Why
The Belarusian Ministry of Foreign Affairs is formulating legal changes prohibiting peer-to-peer (P2P) cryptocurrency transactions. Related Reading: Thai SEC Tightens Investor Protection, Bans Customer Crypto Fund Usage Recently, the Ministry of Foreign Affairs (MFA) of the Republic of Belarus issued an official announcement detailing the objectives and implications of the new legislation concerning individuals engaged […] дальше »
2023-7-4 00:30 | |
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Kraken’s Bid to Block IRS Crypto Tax Probe Fails in Court
Kraken's bid to block IRS tax probe on cryptocurrency gains was unsuccessful as a court ruled for the disclosure of its customer data. The post Kraken’s Bid to Block IRS Crypto Tax Probe Fails in Court appeared first on BeInCrypto. дальше »
2023-7-2 17:30 | |
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Kraken receives court order to turn over customer data to IRS
Crypto exchange Kraken has been asked by the Internal Revenue Service (IRS) through a federal court order to provide account and transactional information. According to the June 30 court filing, the IRS needs the information on Kraken accounts that traded… дальше »
2023-7-2 14:16 | |
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Kraken Ordered To Unveil Customer Data In IRS Crypto Tax Probe – What’s At Stake?
Kraken, the renowned digital currency exchange based in San Francisco, has been served with a court directive by a United States judge, compelling the disclosure of customer information to the Internal Revenue Service. дальше »
2023-7-2 14:01 | |
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FTX Customers Have Until End-September to Submit Bankruptcy Claims
Former customers will receive an email containing a link to the Customer Claims Portal. дальше »
2023-6-30 11:48 | |
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FTX Accuses Former Top Officer Of Helping Sam Bankman-Fried Steal Customer Funds
According to a recent Bloomberg report, FTX Trading Ltd. , the bankrupt cryptocurrency exchange, is suing its former top compliance officer, Daniel Friedberg, accusing him of enabling the misuse of billions of dollars of customer funds by company founder and alleged fraudster Sam Bankman-Fried. дальше »
2023-6-28 21:00 | |
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KuCoin crypto exchange to introduce mandatory KYC in July
KuCoin’s Know Your Customer checks will require new users to complete identity verification to access all services, while existing non-KYC users will not be able to deposit. дальше »
2023-6-28 13:00 | |
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Robinhood lays off 7% of workforce on same day as Cardano, Polygon, and Solana delisting
Robinhood is slashing about 7% of its full-time employees, marking the company’s third wave of layoffs in just over a year. The decision comes as the company faces dwindling customer trading activity and follows the controversial delisting of three major cryptocurrencies, according to the original report from The Wall Street Journal. дальше »
2023-6-28 21:24 | |
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This New Zealand Based Travel Firm Just Lost Millions Of Customer Funds On Crypto Trading
A travel company based in New Zealand and operating in Kiwi has reportedly suffered significant financial losses due to cryptocurrency trading. This comes as the company recently announced its decision to cease operations. дальше »
2023-6-27 20:00 | |
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‘Minor technical glitch’ at Bitbns stirs panic after customer accounts temporarily show zero balance
Several investors panicked after seeing their accounts on the Indian exchange Bitbns empty on the morning of June 27. Investors told Business Today that they woke up to find their portfolios wiped out overnight, with no INR or crypto balance. дальше »
2023-6-27 16:49 | |
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FTX Executives Knew of $8.9 Billion in Missing Customer Funds in August 2022
The latest report from FTX and its debtors contains startling revelations. Namely that the disgraced crypto exchange knew of a more than $8 billion hole as far back as April 2022. The post FTX Executives Knew of $8. дальше »
2023-6-27 23:52 | |
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FTX restructurers allege SBF, other execs knowingly commingled, misappropriated customer funds since inception
Court documents filed concerning the bankruptcy of cryptocurrency exchange FTX allege that its executives, including founder Sam Bankman-Fried, knowingly commingled and misused customer funds since the exchange’s inception. дальше »
2023-6-27 22:54 | |
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U.S. Judge Rejects Binance.US Complaint Over SEC Press Release
A federal judge has rebuffed Binance’s request to curtail the U.S. Securities and Exchange Commission's (SEC) use of language pertaining to Binance.US’ management of customer funds in press releases, arguing the statements could hurt the company at trial. дальше »
2023-6-27 22:27 | |
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FTX Bankruptcy Team Says the Exchange Owed Customers $8.7B
Commingling and misuse of customer and corporate funds occurred from the inception of FTX, says current CEO John J. Ray III. дальше »
2023-6-27 20:40 | |
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Coinbase Celebrates Supreme Court Victory: Ruling Backs Arbitration
In a recent ruling, the US Supreme Court has backed Coinbase Global Inc in a case that reinforces the ability of companies to direct customer and employee disputes into arbitration. According to a Bloomberg report, the decision was made with a 5-4 vote, stating that lawsuits filed in federal court must be put on hold […] дальше »
2023-6-24 03:00 | |
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Supreme court rules in favor of Coinbase, issues order to move user lawsuit into arbitration
The U. S. Supreme Court ruled in favor of cryptocurrency exchange Coinbase in a dispute involving the enforcement of arbitration clauses on June 23, Reuters reported. The court issued an order to halt proceedings in one of the pending customer lawsuits — Bielski vs. дальше »
2023-6-23 19:14 | |
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