In what seems like a u-turn for the crypto-friendly nation, some of the top banks in Portugal are closing accounts of cryptocurrency exchanges operating in the country. Last week, Portugal’s biggest l...
Tag: Accounts
Paystand Acquires Accounts Payable Startup Yaydoo
Marking its entry into the Mexican market, the US-based blockchain-enabled B2B payments company Paystand has acquired Mexican accounts payable startup Yaydoo, for an undisclosed sum, according to a re...
‘I have watched my accounts drop by 22%.’ My financial adviser has usually ‘done well’ but now it feels like he’s not making enough adjustments in this tough market given that I’m losing ‘large chunks’ of money. What’s my move?
How to know if your financial adviser is doing a good job. Getty Images/iStockphoto Question: I have had a financial advisor with a national firm for more than a decade. We have done well and his fee...
U.S. Bank workers opened fake accounts to meet sales goals, feds say
NEW YORK — For more than a decade, U.S. Bank pressured its employees to open fake accounts in their customers’ names in order to meet unrealistic sales goals, the Consumer Financial Protection Bureau ...
Chipotle’s ‘Buy the Dip’ Promo Includes $200K in Crypto for Customers’ Coinbase Accounts
Chipotle is asking customers to buy the dip—the crypto, avocado, and dairy-based varieties. The fast-casual chain kicked off off a week-long promo today in which it’s giving away $200,000 in cryptocu...
US State Regulator Warns About Crypto Interest-Bearing Accounts Amid Market Downturn – Regulation Bitcoin News
The financial regulator of the U.S. state of Arizona has warned investors about crypto interest-bearing accounts. “Some companies may materially overstate the degree to which their collateral practice...
Central Bank Digital Currencies Worse Than Bank Accounts and Cash, Says Blocksteam CEO Adam Back – Here’s Why
The chief executive officer of blockchain technology company Blockstream says people are better off using fiat currencies or stablecoins than holding central bank digital currencies (CBDCs). Adam Back...
CBDCs Are Worse Than Bank Accounts, Says Blockstream CEO Adam Back
One such is the Bitcoin proponent and Blockstream CEO Adam Back, who said CBDCs are worse than bank accounts. In the latest tweet, Back vouched for Bitcoin as an “apolitical, bearer, unseizable money”...
Millennial Investors Open the Most Crypto Accounts in Q2, Apex Report Shows
With nearly 370,000 new crypto accounts opened in Q2 of 2022, Millennials are rising in the crypto space, according to a report by investing platform Apex Fintech Solutions (Apex). Apex data showed mi...
European crypto exchange Bitvavo adds support for SOFORT to fund accounts » CryptoNinjas
Bitvavo, a European-based cryptocurrency exchange, has now announced the addition of SOFORT to its list of supported European payment methods. A convenient and reliable payment method used by over 85 ...
Bitcoin treasuries data suggest entities withdrew BTC worth $2.1 billion from accounts
The amount of coins kept in bitcoin treasuries has decreased by almost 102,045 bitcoin (BTC), equal to $2.1 billion, since June 5, 2021. The value of one BTC in the previous year increased, hitting $6...
Bit2me Lends Helping Hand To Blocked Accounts of 2gether Exchange
27 seconds ago | 2 mins read Exchange News Users were required to pay an initial €20 charge to continue using the platform’s features. 2gether suspended accounts citing the current crypto winter. Bit2...
Californian regulators scrutinizing crypto interest accounts
There are many reasons to use caution with the operation of some crypto-related services and companies. A number of these corporations have raised the eye of the many restrictive agencies in numerous ...
Regulators In California Reviewing Crypto Interest Accounts To Check All Rules Are Met
There are many reasons to be cautious with the operation of some crypto-related services and firms. Some of these companies have raised the attention of many regulatory agencies in different countries...
California cracks down on interest-bearing crypto accounts
Crypto regulations among different states within the US have picked up. In California, the Department of Financial Protection and Innovation (DFPI) warned its consumers to be cautious before investing...
California’s Financial Regulator Probes Firms Offering Crypto Interest Accounts
The California Department of Financial Protection and Innovation (DFPI) said in a recent publication that it is “actively investigating” companies offering crypto interest accounts to investors in the...
Online Brokerage M1 Finance Unveils Support for Crypto Trading Accounts – crypto.news
M1 Finance, a US-based brokerage firm, will soon launch cryptocurrency accounts and offer commission-free trading services for ten digital assets. M1 Finance to Launch Crypto Trading Accounts M1 Finan...
California regulator investigating crypto interest accounts
The California Department of Financial Protection and Innovation (DFPI) has warned consumers to “exercise extreme caution” when dealing with interest-bearing crypto-asset accounts. The DFPI stated tha...
M1 Finance announces supper for crypto trading accounts 1
M1 Finance has announced that it will begin to offer its users the opportunity to own crypto accounts on its platform. According to a blog post on its website, the brokerage platform also mentioned th...
Online brokerage M1 Finance to launch crypto trading accounts
Despite the bear market scaring away many crypto investors in 2022, online brokerage firm M1 Finance is set to launch crypto trading accounts and trading services over the next few weeks. The Chicago-...
The case for Bitcoin strengthens as Chinese bank depositors riot over frozen accounts
Social media footage shows crowds of angry people in Zhengzhou, the largest city in Henan province, protesting the freezing of accounts by some rural banks. Local media reported that the deposits held...
Musk Backs Out of $44 Billion Twitter Deal Over Bot Accounts
(Bloomberg) — Elon Musk is trying to end an agreement to buy Twitter Inc. for $44 billion and take it private, alleging that the company misrepresented user data and setting the stage for an ard...
Elon Musk’s Twitter deal reportedly in jeopardy over bot accounts
Tesla (NASDAQ: TSLA) CEO Elon Musk’s $44 billion deal to acquire social media platform Twitter (NYSE: TWTR) is reportedly in jeopardy over a controversy regarding its spam accounts. Sources familiar w...
Nigerian Fintech Giant Flutterwave Accused of Laundering Money, More Than 50 Bank Accounts Frozen – Bitcoin News
A Kenyan agency charged with tracing and freezing proceeds of crime said it recently obtained an order giving it the authority to freeze bank accounts belonging to Nigerian fintech Flutterwave. The ag...
Coinbase users unable to withdraw to bank accounts
Leading cryptocurrency exchange Coinbase seems to be facing an issue with USD withdrawals. Some of the customers are complaining that they are unable to withdraw their USD from the exchange to local b...
Solflare to let users manage Solana CeFi and DeFi accounts in one app with FTX integration
On Thursday, Solana (SOL)-native wallet Solflare released a new integration with cryptocurrency exchange FTX.com and FTX.us to simplify portfolio management for Solana users. As told by Solflare, it w...
Bitstamp U-Turns on Plans to Levy ‘Inactivity Fee’ on Dormant Accounts
Bitstamp exchange is canceling plans to introduce an inactivity fee just five days after announcing the charge. The firm had planned to charge non-U.S. users $10.18 a month for accounts with less than...
British Army regains control of YouTube and Twitter accounts following NFT hack
Over the weekend, the British Army’s official Twitter and YouTube accounts were compromised, with hackers using the accounts to promote non-fungible token (NFT) projects. Hackers initially chan...
NFT, BTC Scams Featured on British Army’s Compromised Twitter, YouTube Accounts
Twitter and YouTube accounts of the British Army were simultaneously hacked on Sunday and used for promoting two different crypto scams. However, by Sunday evening, the compromised accounts had been r...