Palo Alto Networks is seeing tailwinds from customers looking to slash costs in the worsening economy, CEO Nikesh Arora said Thursday. “The silver lining in the current environment is that we...
Tag: Customers
Brazil Based FTX Customers Organizing to File Class-Action Lawsuit – Exchanges Bitcoin News
A group of customers of the recently collapsed crypto exchange FTX, is organizing to take legal action against the company. The suit would be led by Ray Nasser, CEO of Arthur Mining, and will be broug...
Camtek Registers 16% Revenue Growth In Q3 Aided By Diversified Customers, Geographies
Camtek Ltd (NASDAQ: CAMT) reported third-quarter FY22 revenue growth of 16% year-on-year to $81.99 million, slightly missing the consensus of $82 million. The non-GAAP gross margin contracted 190 bps ...
Gemini Earn Warns Customers of Likely Withdrawal Delays Due to Genesis Lending Pause
Crypto exchange Gemini warned customers today that there may be delays for withdrawals on its Earn product. The delays are due to Genesis Global Capital’s announcement today that it would pause ...
Nexo allays customers’ fears as FTX’s death spiral claims more victims – crypto.news
The crypto-lending platform has assured customers that their funds are safe after Genesis’ Crypto-Lending Unit Halted Customer Withdrawals in the wake of the FTX Collapse. The company made this announ...
SBF Won’t Stop Tweeting, Now Claims FTX US ‘Had Enough to Repay All Customers’
Despite the collapse of FTX, the exchange’s ex-CEO Sam Bankman-Fried continues to tweet. Today on Twitter the embattled businessman asserted that FTX US had enough to “repay all customers”—at least as...
Proton DEX Revolutionizes DeFi With True Decentralization That Gives Customers Control Of Digital Assets At All Times
Cutting out the middleman of centralized exchanges, Proton DEX provides DeFi users with enhanced digital asset trading capabilities in a non-custodial environment SAN FRANCISCO–(BUSINESS WIRE)–Metalli...
Sam Bankman-Fried Continues Cryptic Twitter Thread, Claims FTX US ‘Had Enough To Repay All Customers’
The founder of bankrupt crypto exchange FTX says that he’s trying to find a way to make his former customers whole. In a lengthy cryptic thread on Twitter, Sam Bankman-Fried says that he thought that ...
Disgraced FTX founder Sam Bankman-Fried still sees path to rebuilding his bankrupt empire and believes he can make his customers whole
The disgraced founder of FTX, Sam Bankman-Fried, believes there’s enough value locked on the exchange’s balance sheet to repay customer deposits held under custody and rebuild his dying crypto empire....
Lowe’s CEO says he saw customers ‘trading up’ in fiscal Q3
Lowe’s Companies Inc (NYSE: LOW), on Wednesday, reported better-than-expected results for its fiscal third quarter as home improvement remained in demand despite fears of an economic slowdown. Shares ...
BlockFi Tells Customers Withdrawals Still Paused Due to ‘Significant Exposure to FTX’
In brief BlockFi will keep customer withdrawals paused as it figures out a path forward after FTX’s collapse last week. The crypto lending platform took a $400M line of credit from FTX US this summer....
FTX US had enough to repay all customers, Bankman-Fried tweets
Former FTX CEO Sam Bankank-Fried returned to his ongoing, mysterious Twitter thread with the following: a) Alameda had more assets than liabilities M2M (but not liquid!) b) Alameda had margin pos...
Nu Holdings sees ‘sustained increase’ in customers; shares jump
Shares of Nu Holdings Ltd. NU, -2.03% jumped 14.7% after hours on Monday after the Brazil-based digital banking platform reported a surprise third-quarter profit and revenue that beat expectations, he...
Curve Seeking 87K Credit Card Customers of BlockFi
BlockFi seems to find a helping hand amidst all the chaos with the crypto firm following the FTX issue. Recently, the beleaguered crypto lender reported receiving an offer to acquire its over 87,000 c...
Crypto.com and Gate.io fishy ETH transfer breeds concern among customers – crypto.news
Crypto.com transferred 320,000 ETH from their cold wallet to another exchange, Gate.io. Its CEO said that although they transferred it to a whitelisted external exchange address, it was a relocation t...
Attorney Deaton Says It’s “Absolute Nonsense” to Claim SBF Had Good Intentions For FTX Customers
– Advertisement – Attorney Deaton does not believe SBF had good intentions following his actions. The cryptocurrency community has continued to comment on the sudden collapse of FTX, whic...
Payments company Curve bids for BlockFi’s 87,000 credit card customers
Payments company Curve is in active discussions to acquire crypto lender BlockFi’s more than 87,000 credit card customers — whose credit cards have been suspended since Nov. 11. A Curve spokesp...
After pausing withdrawals, BlockFi customers are confused and angry
In the aftermath of FTX’s dramatic demise, crypto lending firm BlockFi stunned users with an announcement that it would pause withdrawals. Now, they’re waiting confused and without many an...
Binance US, Coinbase, Curve in Bidding War for BlockFi Credit Card Customers
By Jon Rice / November 12, 2022, 6:38 pm EST Binance US and Coinbase are among the bidders for the BlockFi credit card program and its associated customers, Blockworks has learned, while smaller finte...
Desperate FTX customers may have exploited NFT-linked loophole to recover funds before bankruptcy filing
FTX’s bankruptcy means some customers will have to wait months, or even years, to regain their deposits, assuming they can at all. A daring few apparently didn’t want to take that chance. According to...
FTX customers attempt roundabout ways to withdraw their funds in Bahamas
As the FTX crisis continues to permeate through the cryptosphere, users of the platform are trying various ways to bypass the official process of withdrawing their funds from the collapsing exchange. ...
Silvergate Capital says FTX reflects less than 10% of its total deposits from digital asset customers
Silvergate Capital issued a statement to inform the public of its exposure to FTX and its related entities. The provider of financial infrastructure solutions to the digital asset industry adds to the...
What’s Next for FTX and its Customers After Bankruptcy Filing?
FTX is now putting its trust in new CEO John J. Ray III — brought in years ago to oversee the liquidation of collapsed energy company Enron following its accounting scandal — as it seeks next steps fo...
Blockfi Pauses Customers Withdrawals, Cites ‘Lack of Clarity’ on FTX’s Status as Cause – News Bitcoin News
Blockfi, a cryptocurrency lending platform, has announced that it is limiting the operations of its platform and pausing customer withdrawals. The company issued a letter where it states that this dec...
Has FTX Exchange Finally Reopened Withdrawals For Customers?
According to the on-chain data provider, Nansen, the debt-ridden FTX has finally reopened withdrawals for their customers. As per the data, one user was able to withdraw ETH worth $2.6 million while ...
New Report Shows FTX Used Customer’s Crypto Funds To Support Almeda Research
While the flames of the FTX crash burn the crypto market, people are coming up with different claims explaining why the crypto exchange’s demise. In a market driven by claims, rumors, and speculations...
Tron, FTX broker deal for customers to withdraw certain tokens
A deal brokered between Tron and FTX will soon facilitate withdrawals on the struggling exchange. On FTX, 1:1 withdrawals for digital assets including TRX, BTT, JST, SUN, and HT tokens will be e...
Vows FTX to Make Customers Whole
Sam Bankman-Fried issued an official apology following the collapse of his cryptocurrency exchange. He talked about making customers whole and finding a solution that would be best for all parties inv...
How American customers were saved from the FTX mess
After a period of silence that felt like an eternity – after all, a day in crypto is a year anywhere else – the most notorious man in the industry emerged Thursday afternoon, amid the ongoing FTX coll...
CBOE Digital reassures customers amidst FTX liquidity crunch – crypto.news
CBOE Digital, a US-regulated crypto exchange and clearinghouse, issued a letter on Wednesday, November 9, 2022, to its customers to reassure them about asset safeguards amid the FTX liquidity crisis a...
Hostaged FTX Funds Sold for Pennies on the Dollar in OTC Trades Among Customers
Crypto traders with remaining funds on FTX are attempting to sell their account balances for fractions of their face value. Telegram chats facilitating small over-the-counter (OTC) markets viewed by C...
Cboe Digital reassures customers of asset safeguards
U.S.-regulated crypto exchange and clearinghouse Cboe Digital issued a letter today to customers to reassure them about asset safeguards as questions mount about the FTX liquidity crunch. “...