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The Rise and Fall of Silvergate’s Crypto Business
Silvergate Bank lost more than $8 billion in deposits from its crypto customers in the final months of 2022 as its core block of business crumbled under the industry’s implosion – just as the bank’s regulators had predicted might happen for such institutions. дальше »
2023-3-4 01:02 | |
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Celsius customers begin withdrawing funds eight months after bankruptcy filing
Funds withdrawals by Celsius custody account holders started on March 2. The withdrawals are opening about 8 months after the crypto lender filed for bankruptcy in June last year. The withdrawals were reopened for “Distributable assets in certain Custody Accounts. дальше »
2023-3-4 16:45 | |
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Celsius Commences Withdrawals Eight Months After Filing For Bankruptcy
Crypto lender firm Celsius has announced that customers can now withdraw their assets from its platform eight months after the company filed for bankruptcy. According to an official tweet on March 2, withdrawals are now available, albeit for certain custody accounts only. дальше »
2023-3-3 14:30 | |
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Celsius custody customers begin withdrawing funds, details inside
Celsius has resumed withdrawals for customers with Custody Accounts. The withdrawals have opened 263 days after they were suspended in June last year. Bankrupt crypto lender Celsius Network The post Celsius custody customers begin withdrawing funds, details inside appeared first on AMBCrypto. дальше »
2023-3-3 14:00 | |
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HSBC And Nationwide Banks Set Ban On Crypto Purchases In The UK
HSBC and Nationwide Building Society have become the latest major banks in the United Kingdom to impose a ban on their customers’ crypto purchases, according to Bloomberg. The move follows a notice from British regulator Financial Conduct Authority (FCA), citing crypto as a high-risk investment. дальше »
2023-3-3 13:17 | |
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Bitso and Mastercard Launch Crypto Debit Card for Mexican Customers
Coinspeaker Bitso and Mastercard Launch Crypto Debit Card for Mexican Customers The crypto debit card introduced by Bitso will have worldwide utility. Bitso and Mastercard Launch Crypto Debit Card for Mexican Customers дальше »
2023-3-3 12:41 | |
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Backlog of withdrawal requests slows down Celsius custody program
Celsius customers participating in the company’s custody program can now withdraw their funds. However, some users are experiencing delays in processing their requests due to a backlog of pending withdrawals. дальше »
2023-3-3 12:10 | |
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HSBC, Nationwide to restrict crypto purchases with credit cards
HSBC Holdings and Nationwide Building Society in the UK have banned retail customers from purchasing crypto with credit cards. Both of these banks cited the warnings about crypto assets issued The post HSBC, Nationwide to restrict crypto purchases with credit cards appeared first on AMBCrypto. дальше »
2023-3-3 10:48 | |
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Was Silvergate on Borrowed Time as Regulators Backed Banks Away From Crypto?
Silvergate Bank is being hollowed out as its customers retreat following the disclosure that it has to reassess its financials and may not be a "going concern" within a year. The prominent California-based crypto bank's future gets increasingly murky. дальше »
2023-3-3 04:24 | |
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HSBC, Nationwide Banks Crack Down On Bitcoin And Crypto Access
Two of the U.K.’s largest banks have imposed further restrictions on their customers’ ability to acquire cryptocurrencies. дальше »
2023-3-2 22:45 | |
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Circle says it is ‘sensitive’ to concerns around Silvergate as share prices crash
Circle acknowledged the concerns regarding Silvergate and said it is currently in the process of discontinuing specific services with them while simultaneously informing customers. The post Circle says it is ‘sensitive’ to concerns around Silvergate as share prices crash appeared first on CryptoSlate. дальше »
2023-3-2 21:18 | |
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Brazil’s Nubank Extends Nucoin-Based Crypto Loyalty Initiative to 70M Customers
One of the largest digital banks in Brazil, Nubank, has launched a loyalty program for its customers with own crypto token Nucoin. The post Brazil’s Nubank Extends Nucoin-Based Crypto Loyalty Initiative to 70M Customers appeared first on BeInCrypto. дальше »
2023-3-2 14:45 | |
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32,000 Voyager customers may be on the hook for bankruptcy clawbacks
Voyager’s former Chief Innovation Officer Shingo Lavine warned that the platform could enact customer clawbacks under Chapter 11 bankruptcy rules – potentially affecting 32,000 users. The post 32,000 Voyager customers may be on the hook for bankruptcy clawbacks appeared first on CryptoSlate. дальше »
2023-3-2 14:05 | |
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Binance Attempts to Reenter Singapore Crypto Market After Trading Interruption Last Year
A year after leaving the trading market, Binance is making another attempt for a license to provide cryptocurrency services in Singapore, shifting from retail to corporate customers. The post Binance Attempts to Reenter Singapore Crypto Market After Trading Interruption Last Year appeared first on BeInCrypto. дальше »
2023-3-2 14:00 | |
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Fiat and Kia Using ChatGPT to Open Metaverse Car Dealerships
Car manufacturers Fiat and Kia have opened metaverse showrooms and have partnered with ChatGPT to make the experience as realistic as possible. Both Fiat and Kia plan to offer customers the ability to browse vehicles through digital showrooms integrated into the metaverse. дальше »
2023-3-2 00:28 | |
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Tel Aviv stock exchange considers facilitating crypto trading
The Tel Aviv Stock Exchange has published a proposal to allow non-banking members (NBMs) to safely offer their customers bitcoin (BTC) and altcoins trading services. To make it easier for non-bank institutions based in Israel and registered under its umbrella… дальше »
2023-3-1 16:14 | |
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Tel Aviv Stock Exchange Is Working To Add Crypto Trading – Here’s Why
The Tel Aviv Stock Exchange, or TASE, is planning to expand its authorized activities in order to offer customers from the non-banking sector the ability to trade crypto. TASE operates Israel’s only public equity platform. дальше »
2023-3-1 11:18 | |
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Crypto Lender Voyager Says Majority of Customers Voted for Restructuring Plan With Binance.US
Crypto lender Voyager Digital Holdings, which filed for bankruptcy last year, said Tuesday night that 97% of its customers, representing 98% of total claims, voted in favor of a chapter 11 restructuring plan which will see Binance US acquire some of its assets. дальше »
2023-3-1 04:31 | |
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Crypto Lender Voyager Says Majority of Customers Voted for Restructuring Plan With Binance US
Crypto lender Voyager Digital Holdings, which filed for bankruptcy last year, said Tuesday night that 97% of its customers, representing 98% of total claims, voted in favor of a chapter 11 restructuring plan which will see Binance US acquire some of its assets. дальше »
2023-3-1 04:31 | |
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SBF Inner Circle Shrinks as Former FTX Engineer Pleads Guilty to Fraud Charges
Nishad Singh becomes the latest former FTX employee to plead guilty to conspiring with Sam Bankman-Fried to defraud customers. The post SBF Inner Circle Shrinks as Former FTX Engineer Pleads Guilty to Fraud Charges appeared first on BeInCrypto. дальше »
2023-3-1 23:29 | |
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FTX ex-director Nishad Singh pleads guilty to fraud charges
Nishad Singh has pleaded guilty to wire fraud, conspiracy to commit wire fraud on FTX customers and conspiracy to commit commodities fraud. дальше »
2023-3-1 21:45 | |
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Binance reportedly moved $1.8 billion of collateral backing customers stablecoin
Binance moved over $1 billion of customer funds meant as reserves for B-tokens last year The funds were sent to firms like Alameda Research, Cumberland, and Tron Binance CSO stated that therThe post Binance reportedly moved $1. дальше »
2023-2-28 21:30 | |
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Huobi, KuCoin reportedly transacting with sanctioned Russian banks
A report by open-source intelligence company Inca Digital alleges that two major crypto exchanges, Huobi and KuCoin, have been letting customers of sanctioned Russian banks make transactions on their platforms. дальше »
2023-2-27 16:53 | |
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HKD.com, Hong Kong’s Most Iconic Crypto Exchange to Kickstart License Application
Hong Kong’s iconic cryptocurrency exchange HKD. com is moves towards kickstarting their license acquisition in the Chinese Special Administrative Region as new licensing and regulatory framework tilts towards retail customers acceptance. дальше »
2023-2-27 14:00 | |
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Exchanges using USDT to trade in Russia despite sanctions: Report
Huobi and KuCoin are reportedly allowing customers of sanctioned Russian banks to access their trading platforms. Binance was also allowing Russians to convert local currency to crypto without The post Exchanges using USDT to trade in Russia despite sanctions: Report appeared first on AMBCrypto. дальше »
2023-2-26 16:00 | |
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Huobi and KuCoin serve customers of sanctioned Russian banks: Politco
Crypto exchanges Huobi and KuCoin continue to provide services to users of sanctioned Russian banks, according to a report from Politico on February 24. The post Huobi and KuCoin serve customers of sanctioned Russian banks: Politco appeared first on CryptoSlate. дальше »
2023-2-26 08:00 | |
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CoinEx to stop serving all U.S. customers
Crypto exchange CoinEx will stop serving users in the United States, according to an email received by users and obtained by Crypto Slate on February 24. The post CoinEx to stop serving all U.S. customers appeared first on CryptoSlate. дальше »
2023-2-25 02:14 | |
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Crypto Bill Seeks To Protect Financial Freedom, Here’s How
Amid the turmoil that the Securities and Exchange Commission (SEC) and the crypto industry have been involved in over the past few weeks, digital assets may see a step forward in regulatory relief. In particular, new legislation seeks to enhance financial freedom for American customers in the U. дальше »
2023-2-23 03:00 | |
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Millionaires flock to crypto 82% sought investment advice in 2023
Wealthy investors did not become frightened due to the cryptocurrency winter. A poll from a financial advisory firm revealed a few things. It showed that 82 % of their millionaire customers took advice on cryptocurrency investments. дальше »
2023-2-21 14:44 | |
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FTX Japan prepping to resume withdrawals by end of month
The Financial Services Agency of Japan asked that FTX Japan to halt business before the US bankruptcy filing. In December, the FTX branch filed to be allowed to resume withdrawals. Customers have been asked to verify their account balances before resuming withdrawals. дальше »
2023-2-19 20:07 | |
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Kraken and Custodia Bank CEOs say regulators ignored their warnings about scams and fraud
In a Twitter thread, Custodia Bank founder and CEO Caitlin Long said that she provided evidence to law enforcement about a crypto crime months before the company collapsed and left millions of customers in the lurch. дальше »
2023-2-19 16:44 | |
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FTX Japan to Resume Withdrawals as Former Engineer Nishad Singh Is Set to Plead Guilty
The COO of FTX Japan has announced that customers will be able to withdraw funds once the lieutenant of Sam Bankman-Fried pleads guilty. The post FTX Japan to Resume Withdrawals as Former Engineer Nishad Singh Is Set to Plead Guilty appeared first on BeInCrypto. дальше »
2023-2-19 19:26 | |
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OpenSea implements limited-time 0% fees
OpenSea recently lost a huge user base to Blur. People are flocking to Blur for greater returns on their NFT investments. OpenSea has implemented a number of changes including bringing fees to zero to try and win back some of the customers. дальше »
2023-2-18 11:16 | |
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PayPal holds over $600 million of crypto, but pulls out of stablecoin plans
PayPal holds Bitcoin. It holds a lot of it. The online payments giant (NASDAQ:PYPL) rolled out a crypto service in the US in October 2020, allowing customers to buy and sell a limited selection of cryptos. дальше »
2023-2-16 20:04 | |
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Paxos Terminates Partnership with Binance, Stops Minting BUSD
Paxos ends relationship with Binance for BUSD stablecoin. BUSD continues to be fully supported & backed 1:1 with US dollar reserves. Customers can redeem funds in USD or convert to Pax Dollar (USDP). дальше »
2023-2-13 14:31 | |
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Crypto Market Forecast: Week of February 13th 2023
A curated weekly summary of forward-focused crypto news that matters. This week, crypto slides as major exchange Kraken faces SEC charges, one of Brazil's largest banks allows customers to pay for taxes with crypto, and the IMF recommends that El Salvador reconsiders its Bitcoin exposure. дальше »
2023-2-15 14:01 | |
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