Alex Dovbnya Two UK companies have announced restrictions on cryptocurrency payments for their customers, putting further pressure on the struggling digital asset industry On Tuesday, NatWest, one of ...
Tag: Customer
Natwest to impose limits on customer payments to crypto exchanges
Natwest is the latest UK bank to enforce limits on its customers’ dealings with crypto companies. Limitations on crypto payments Using the rational of protecting its customers against crypto scams and...
Gemini had no customer funds, GUSD at Signature Bank
Crypto exchange Gemini said it held no customer funds or Gemini dollars (GUSD) at Signature in the wake of the bank’s closure by regulators on Sunday. While it used to partner with Signatu...
Amazon NFTs Will Be Linked to Real-Life Assets for Enhanced Customer Experience
Tech powerhouse Amazon plans to launch NFTs granting ownership of physical goods to improve customer experience and draw more shoppers. Amazon (NASDAQ: AMZN) is developing an initiative centered aroun...
Founded by Apple vets, startup Humane has raised $241 million without a single customer
Even in 2023, companies can still raise hundreds of millions without any proof of product market fit. Since co-founding their startup five years ago, ex-Apple executives Bethany Bongiorno and Imran Ch...
Sacai Demonstrates A More Polished Collection Aimed At Attracting A Larger Retail Customer
A model on the Sacai Womenswear Fall Winter 2023-2024 as part of Paris Fashion Week (Photo by Peter … [+]r White/Getty Images) Getty Images Elegance is not generally associated with Chitose Abe&...
Celsius used $558m in customer deposits to purchase CEL
Celsius Network, a lending company, is facing claims that it made CEL purchases worth $558 million using customer deposits. Celsius purchases spikes demand Cam Crews, on Twitter, mentioned that in pre...
Brazil to Launch Experimental CBDC to Ensure More Secure & Private Customer Usage
Brazil recently launched the experimental phase of its CBDC project, with plans to see adoption by the end of 2024. The central bank of Brazil has officially launched its experimental central bank di...
Binance Refutes Forbes Collateral Report Alleging Exchange Transferred Vast Customer Funds Surreptitiously
Leading exchange Binance claims that the Forbes collateral report relates to its internal wallet management and is thus unfounded. Binance has hit back at the Forbes report that claims it quietly tran...
Binance responds to allegations of moving billions in customer funds
As per a Forbes report, the corporation allegedly moved $1.8 billion in assets belonging to its customers. Moving money across wallets is common and poses no problems, according to Binance’s CSO. The ...
How To Effectively Build, Manage And Measure Customer Journeys
Brick-and-mortar shopping has made an impressive comeback since the end of lockdown, but e-commerce is still retail’s dominant new force. This year alone, online shopping is predicted to bring in over...
BlockFi embroiled in bankruptcy drama over customer wallets
While its customers have been locked out of their accounts since November, failed crypto lender BlockFi is locked in a bankruptcy court battle. The war of words is playing out on a court docket ...
Bankrupt FTX’s Japanese Arm Enables Customer Fund Withdrawals
FTX Japan resumes withdrawals amid regulator’s overwatch. Japanese Financial Regulator seen as victor amid FTX Japan’s move. SBF’s spokesperson conveys SBF’s thoughts on the same. FTX’s Japanese arm i...
3RM raises $3 million to streamline customer relationship building in web3
Tech startup 3RM raised $3 million to build tools that will help web3 companies better manage their relationships with customers. The round was led by Distributed Global and also saw participati...
Will Ripple Sign Singapore As Its Next CBDC Customer?
Ripple has defined Central Bank Digital Currencies (CBDCs) as a key priority in its 2023 projections and goals, and already boasts notable collaborations with several countries. As Bitcoinist reported...
Class-action lawsuit alleges Signature bank ‘permitted’ FTX comingling customer funds
Crypto-friendly Signature Bank has been drawn into a class-action lawsuit over its role in the operations of the defunct crypto exchange FTX, according to a Feb. 6 court filing. The lawsuit alleged th...
Australian Crypto Regulations: Customer Protection is a Priority
Regulation to focus on protecting customer interests. A consultation paper was released to explore the elements of the ecosystem. Everything that happened in the crypto industry in 2022 greatly emph...
Property linked to FTX customer funds pulled from market
According to a story in the Wall Street Journal, the seller of a property that was tied to Sam Bankman-political Fried’s expenditures removed the property off the market as a demonstration of &#...
Defunct Crypto DEX Etherdelta Still Holds $42M in Customer Assets
Coinbase director updated the community about a DEX that crashed with people’s assets. Etherdelta still holds $42 million in customers’ assets. In 2018, SEC charged Etherdelta’s founders for managing ...
Binance Tells WazirX to Withdraw Customer Assets Held in its Wallets-Is it an End of the Collaboration?
The dreadful days for the Indian crypto community have not vested following the ignorance of digital assets in the recent announcement of Budget 2023. The power cash between the two titans began a few...
US Judge Dismisses Customer Lawsuit Against Crypto Exchange Coinbase – Regulation Bitcoin News
A U.S. district judge has dismissed a lawsuit against Coinbase and its CEO Brian Armstrong filed by customers of the crypto exchange. The lawsuit alleges that Coinbase sold 79 crypto tokens that are u...
Blockchain is Paving Ways to Strengthen Customer Ties in 2023
Blockchain is undergoing a wave of adoption across different sectors, with customer relationship management (CRM) remaining a top priority for many companies. Blockchain has proved its potential in he...
Celsius Used New Customer Funds to Pay for Withdrawals: Independent Examiner
“In every key respect – from how Celsius described its contract with its customers to the risks it took with their crypto assets – how Celsius ran its business differed significantly from what Celsius...
Binance customer says money lost in P2P transfer
In a move that could unsettle Binance users, the exchange recently deleted an inquiry regarding lost funds from a customer going by the username abd_akiki under unclear circumstances. Customer account...
Celsius Was Using Customer Deposits To Fund Withdrawals, According to Bankruptcy Examiner
A closer look at the collapse of crypto lender Celsius shows that the firm was using customer deposits to pay for withdrawals, according to an independent examiner. In a new court filing with the Unit...
DemaTrading.ai Survey Shows Poor Customer Service Is Costing Crypto Exchanges
Amsterdam, Noord-Holland, 27th January, 2023, Chainwire Index solution provider DemaTrading.ai has conducted a wide-ranging survey of the leading cryptocurrency exchanges. Its results are drawn from c...
Customer Bancorp Price Prediction: Will CUBI Price Miss The Expectation Again In 2023?
Customer Bancorp has missed the earnings and has seen a huge fall of 15% in intraday session Technical indicators are favoring a strong downside trend.It is currently trading near $26 CUBI is the tick...
An Electronic Wallet to Retrieve US Banks’ Customer Relationship
US banks have decided to introduce an electronic wallet that will allow shoppers to pay online without using other online payment services. The new move is an attempt by the banks to regain their cont...
Binance Acknowledges Mixing Customer Funds
Binance has admitted not keeping customers’ funds and the platform’s separate, according to Bloomberg report. The cryptocurrency exchange have “mistakenly” mixed some of its Binance-peg tokens (B-Toke...
Celsius Floats Possibility of Debt Token to Repay Creditors; Secures Court Approval to Process Customer Withdrawals – Bitcoin News
The defunct crypto lender Celsius is exploring the possibility of creating a debt token to repay creditors. The plan would need to be approved by regulators, but if approved by the trustee and financi...
Credo stock plunges toward record loss after largest customer cuts purchases
Shares of Credo Technology Group Holding Ltd. plummeted toward a record one-day selloff after the data infrastructure networking company disclosed that its largest customer cut demand for its products...