When it comes to banks insured by the FDIC, depositors with certain types of accounts in certain amounts are covered “dollar-for-dollar, including principal and any accrued interest through the date o...
Tag: Accounts
These 3 banks now offer 5% on checking and savings accounts
The difference between a savings account at a traditional bank and the rates available at an online bank are significant. Getty Images/iStockphoto It’s been over a decade since savings rates have been...
CryptoGPT Twitter Accounts: AI-Generated Insights on Crypto
A new trend has emerged on Twitter with the hashtag #CryptoGPT CryptoGPT Twitter accounts are bots that use AI integrated to generate tweets about cryptocurrency and blockchain technology Recently, a ...
Regulators rush to sell SVB assets to make uninsured accounts partly available on Monday: Bloomberg
Regulators are scurrying to sell assets of the failed Silicon Valley Bank this weekend and hope to make between 30% to 50% of uninsured deposits available for withdrawal Monday, Bloomberg reported. &#...
Wells Fargo Customers Report Issues With Online Bank Accounts
Wells Fargo News: Even as the biggest US banks faced the heat due to the closure of California’s Silicon Valley Bank, customers of major bank Wells Fargo reported facing issues in their online bank ac...
Gaming accounts for 45% of web3 industry active wallets despite decrease in activity
Ad On-chain gaming accounts for 45.43% of the decentralized application (dApp) industry, even though gaming-related Daily Unique Active Wallets (dUAW) recorded a 12.33% decrease in February, a recent ...
‘CryptoGPT’ Twitter accounts spring up as hashtag trends on Twitter
A Twitter hashtag relating to a purported artificial intelligence (AI) crypto token called “CryptoGPT” has been trending on Twitter. Alongside it, a number of very similar-looking Twitter accounts hav...
Tether strikes at WSJ over ‘stale allegations’ of faked documents for bank accounts
The company behind stablecoin Tether (USDT) has rebuffed a report by The Wall Street Journal (WSJ) claiming it had ties to entities that faked documents and used shell companies to maintain access to ...
Tether Used Fake Documents to Open Bank Accounts: WSJ
Tether’s troubles continue. According to a Friday WSJ report, companies backing the world’s biggest stablecoin used fake documents and shell companies to help its parent company get into the banking s...
Algorand (ALGO) CTO Gives Update on Recent Exploit Impacting Multiple Accounts
Tomiwabold Olajide Algorand (ALGO) CTO shares update on recent exploit that affected over 25 accounts Algorand CTO John Alan Woods has shared an update on the thefts reported on MyAlgo wallets in the ...
Hackers access T-Mobile accounts more than 100 times in 2022: Tips to counter SIM-swapping
Ad T-Mobile accounts had been SIM-swapped on at least 104 occasions throughout 2022, according to Krebs on Security. SIM-swapping refers to the unauthorized takeover of a mobile phone account, enablin...
Revolut Exhibits Substantial Profit, Financial Accounts Say
Revolut released the first-ever annual profit of 2021. The company had a net profit of almost 26 million pounds. The revenues of the company tripled to almost 636 million pounds. According to the fina...
Binance Australia Derivatives Closes Accounts After False Classification
On February 23, the company Binance Australia Derivatives sent an unexpected notice to a subset of its customers, informing them that the company would be immediately canceling their accounts because ...
ASIC Opens Investigation into Binance Over Closed Accounts
The investigation is notably hinged on the “classification of retail clients and wholesale clients“ in what it said will be a targeted review. The Australian Securities and Investments Commission (ASI...
U.S DEA Seized $2.2 Million From Six Binance Accounts Last Year
The U.S Drug Enforcement Agency seized $2.2 million from Binance last year. The funds were associated with narcotics sales and drug traffickers from Mexico. A U.S. district court recently granted a ...
Binance Australia Derivatives starts closing certain positions and accounts
Users of the Binance Australia Derivatives product have reported receiving unexpected notices on February 23 from the digital asset platform, which said that the company has begun closing some derivat...
Binance Australia Derivatives reportedly closes accounts and positions for some users
Binance Australia Derivatives users reported abrupt notifications sent by the digital asset platform on Feb. 23, saying it is starting to close certain derivatives positions and accounts. According t...
Bitcoin Volatility Increases as Binance Closes Some Aussie Derivatives Accounts
The world’s leading cryptocurrency exchange – Binance – took to Twitter to announce that it has forcibly closed positions of Australian accounts that have been mistakenly classified as “Wholesale Inve...
Binance Australia shuts down derivative trading accounts of retail users
Binance shut down the derivative trading accounts of retail users in Australia after it mistakenly classified such customers as wholesale investors. For Australians, Binance only offers crypto d...
Two scam Twitter accounts rugged over 80.3 ETH last month
Two scam Twitter accounts posing as CryptoPunk and Azuki whales have stolen over $136,500 (80.3 ETH) in the last 30 days. The expose is the latest in a string of hacks and scams in the crypto world. F...
Distributed EOA accounts coming to EVM chains
Ad Intu — a decentralized account management protocol for web3 designed to make it more user-friendly — emerged from stealth mode and announced its beta launch during ETHDenver Buidl week on February ...
Terraform Labs, Do Kwon Transferred More Than 10K Bitcoin Out of Platform Accounts After Collapse: SEC
Join the most important conversation in crypto and web3! Secure your seat today The U.S. Securities and Exchange Commission accused stablecoin issuer Terraform Labs and its founder, Do Kwon, of transf...
Binance.US Refutes Reuters Report, Says Only its Executives Have Access its Bank Accounts
Binance.US refuted an earlier report made by Reuters, which stated that the international exchange allegedly moved $400 million from an account belonging to the American affiliate. In an attempt to cl...
I’ll inherit $40,000 from my grandmother. Should my husband and I boost our kids’ college savings accounts, or pay off credit cards and student loans?
After a terrible battle with dementia, my grandmother died a few weeks ago. She did not leave much, but I will — along with my siblings — receive about $40,000 in life insurance. I am trying to figure...
Binance and Huobi Freeze Accounts Holding 1.4M Stolen Digital Assets
Binance and Huobi froze accounts containing $1.4 million worth of digital assets. The frozen funds are connected to the Harmony Bridge heist in June 2022. The crypto analytics platform Elliptic probed...
These 2 banks are now offering $2,000 cash when you sign up for their checking accounts. Should you bite?
Moving your money into the right checking account can earn an APY that’s 15x the industry average. Getty Images/iStockphoto Flashy bank account sign-up bonuses are becoming harder to ignore. Citi and ...
‘Cash is the cool kid on the block’: High-yield savings accounts, Treasury Bills, money market funds, and CDs — here’s where your cash can earn up to 4.5%
Cash isn’t just the dollar bills you put in your pocket — in this market, it might seem to be a patch of steady ground. There are multiple options: People can put their money in high-yield savings acc...
Voyager Users Will Need Binance US Accounts to Get Their Money Back
Bankrupt crypto broker Voyager Digital has submitted a plan for customers to recover their assets through Binance US, according to court filings. The early opt-in period started last week, meaning tha...
US financial regulators warn against crypto exposure in retirement accounts
Three financial watchdogs in the United States have issued a warning to investors considering certain individual retirement accounts with exposure to cryptocurrencies. In a Feb. 7 notice, the United S...
Tempted to chase fat yields in money market accounts? Why it might not pay to switch.
The yield chase is on. After more than two years of historically low interest rates, savers are rediscovering that they can earn money on their money by letting it sit. During the pandemic, many saver...