According to Circle, the bulk of its reserve for the USDC stablecoin is domiciled in US Treasury Bills. Crypto startup Circle, the issuer of the USD Coin (USDC) stablecoin has announced that the USDC ...
Tag: Customers
Here’s what could happen next for Silicon Valley Bank customers
A customer stands outside of a shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Justin Sullivan | Getty Images Silicon Valley Bank’s customers, alon...
Silicon Valley Bank customers line up outside California location amid frantic rush to withdraw money
Customers were seen lined up outside a Silicon Valley Bank location in Menlo Park, California, on Friday after the Federal Deposit Insurance Corporation (FDIC) seized the banks assets. In the largest ...
Coinbase reassures customers on staking services amid SEC crackdown
In recent years, staking services have become increasingly popular among cryptocurrency investors. Staking refers to the process of holding and locking up a certain amount of cryptocurrency in a walle...
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...
Wells Fargo Customers Report Missed Paychecks Due To Apparent Glitch
Topline Numerous Wells Fargo online banking users complained of not seeing scheduled paychecks hit their accounts Friday, which the bank blames on a technical issue that does not appear connected to T...
XRP Worth $93 Million Owed by FTX to Customers, But There’s One Problem
As a result of the release of a revised balance sheet for FTX’s liabilities, it has been revealed that the infamous exchange owes its customers $93 million in XRP, among other things. The proble...
Coinbase Has Been Sued Over Failing to Protect Customers
America’s largest crypto exchange Coinbase is refusing to take responsibility for a security breach that resulted in customer losses. On March 7, Bloomberg reported that Coinbase had refused to accept...
32,000 Voyager customers may be on the hook for bankruptcy clawbacks
Ad 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. Lavine, who h...
Crypto Lender Voyager Says Majority of Customers Voted for Restructuring Plan With Binance.US
A majority of the company’s creditors also voted to opt their claims into a “wind-down entity,” according to a breakdown of votes included in a declaration by Stretto director Letici...
Voyager Customers Approve Bankruptcy Proposal Before Hearing
Voyager Digital tweeted on Tuesday that 98% of its credit claimants approved the lender’s Chapter 11 bankruptcy plan. Bankruptcy administration company Stretto tallied the votes, revealing 59,183 peop...
97% of Voyager’s Customers Vote in Favor of Binance.US Restructuring Plan
Nearly all customers of bankrupt crypto broker Voyager Digital have voted in favor of the company’s plan to sell its assets to Binance.US, the American affiliate of the crypto giant. According to a Tu...
Robinhood rolls out wallet to iOS customers globally
Robinhood Wallet, which supports both the Polygon and Ethereum networks, is now available to all iOS customers worldwide. The self-custody wallet, which had a waitlist of over 1 million users, ...
Voyager customers vote in favor of bankruptcy plan
Ad Voyager announced on March 1 that 97% of its customers have voted in favor of its bankruptcy plan, which includes selling its assets to Binance.US. The 97% of voters in favor represent roughly 98% ...
UVEye Provides Automotive ‘MRI’ For Car Service Customers, Dealers
A UVEye inspects a Buick SUV in a dealership. UVEye American consumers traditionally frown on several types of experiences at auto dealerships, but here’s a big one: They get their vehicle inspected i...
Is Binance Misusing Customers’ Funds?
Forbes has accused BinanceThere are many cryptocurrency exchanges and wallets that provide great features for trading and investment, but one of the main platforms is Binance. Founded by Changpeng Zha...
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 there was “no ...
FTX Japan Opened-up Withdrawals for it Customers in The Region
Yesterday, FTX Japan resumed withdrawals that necessitated the transfer of cash from the crypto exchange to an account held by Liquid Japan. This update from FTX spread little joy to several investors...
Huobi and KuCoin serve customers of sanctioned Russian banks: Politco
Ad Crypto exchanges Huobi and KuCoin continue to provide services to users of sanctioned Russian banks, according to a report from Politico on Feb. 24. The news publication cited a report from Inca Di...
CoinEx to stop serving all U.S. customers
Ad Crypto exchange CoinEx will stop serving users in the United States, according to an email received by users and obtained by Crypto Slate on Feb. 24. That message reads, in part: “Due to regulatory...
SpaceX adjusts Starlink monthly pricing for residential customers
A Starlink user terminal, also known as an antenna or satellite dish, on the roof of a building. SpaceX Elon Musk’s SpaceX rolled out new pricing for residential Starlink customers based on its ...
Blur to Airdrop 300M Tokens to Loyal NFT Customers
40 mins ago | 2 mins read NFT News Blur revealed an additional 300 million tokens to its loyal users. Blur’s NFT trading volume climbed over 540% in a week. The newest NFT marketplace Blur buzzed on ...
Domino’s Plunges Most on Record as Customers Shun Price Hikes
(Bloomberg) — Shares of Domino’s Pizza Enterprises Ltd. plummeted the most on record in Sydney after the pizza chain operator said its first-half earnings fell as customers spurned price increas...
Platypus Needs To Find $8.5 Million For Its Customers, And Fast
Join Our Telegram channel to stay up to date on breaking news coverage Platypus is working on a plan to compensate the losses its users incurred following a flash loan attack that saw the decentralize...
FTX Japan Announces Plan to Reopen Bitcoin, Crypto and Cash Withdrawals for Customers
The Japan-based division of the defunct global crypto exchange FTX is preparing to reopen withdrawals for its customers. In a new press release, FTX Japan says it will use its Liquid Global platform t...
Binance Customers Withdraw $2.5 Billion In A Matter Of Days
Join Our Telegram channel to stay up to date on breaking news coverage The Binance CEO, Changpeng Zhao, has taken to his Twitter and noted that about $2.5 billion has flowed out from Binance’s stablec...
SEC charges Do Kwon for allegedly misleading crypto customers
Well, if developments around the FTX collapse were not disastrously interesting enough, then we have Terra making its way back to the highlights again. It all started with TerraUSD slipping below the ...
Nexo to ban EIP for US customers on April 1, Know why?
Nexo, one of the leading crypto lending platforms, has announced that it will be ceasing support for the Ethereum Improvement Proposal (EIP)-1559 for its US clients on April 1. The move is in re...
DBS Bank Seeks Licensing For Crypto Customers In Hong Kong
Crypto News: As Hong Kong strives to become a center for digital assets, DBS Group Holdings Ltd. intends to submit an application for a license that would enable it to provide cryptocurrency to consum...