US Banks See Customers Demanding Higher Yields on Deposits

(Bloomberg) — The country’s two largest banks just put rivals on notice: they’re finally prepared to pay out more to savers demanding higher yields on their deposits. Most Read from Bloomberg Af...

Wyre Resumes Withdrawals and Deposits After Securing Financial Aid

The cryptocurrency payments company – Wyre – said it received financial backing that enabled it to continue its “normal course of operations.” It previously imposed withdrawal limits on customers, hin...

GMX Price As GLP Liquidity Pool Hits $1M In Deposits

Join Our Telegram channel to stay up to date on breaking news coverage GMX price has had a drabish start to the year trading in a sideways price action since January 1. However, the decentralized exch...

Celsius Wins Rights Over Customer Crypto Deposits

In the latest court ruling, Celsius Network has been rewarded the rights to interest-bearing accounts, pushing actual account holders to the end of the repayment queue.  Big Blow For Earn Account Hold...

US Bankruptcy Court Rules Celsius Deposits Belong to the Firm

– Advertisement – A New York bankruptcy court has ruled the deposits on high-interest-earning accounts belong to Celsius, the embattled former cryptocurrency lending firm, that filed for C...

Celsius Customers Lose Rights to Deposits Due to ToS Technicality

Embattled crypto lender Celsius has been awarded the rights to crypto assets on the platform. This means that most of its customers will be the last ones to receive reimbursements. On Jan. 4, a New Yo...

Celsius Network Acquires Ownership of Customer Cryptocurrency Deposits

31 mins ago | 2 mins read Bitcoin News Now, Celsius can take the control of $4.2B in cryptocurrency that consumers invested in its Earn program.  Celsius has over 600,000 accounts in its Earn program ...

Ethereum (ETH) Price Up Despite Reduced Exchange Deposits

Godfrey Benjamin Ethereum (ETH) up 1.64% despite on-chain data showing slowing exchange deposits Amid the general uptick the crypto market is experiencing at the moment, Ethereum (ETH) is also riding ...

Over $3.5B of FTX Deposits Is Under “Exclusive Custody” of Bahamian Authorities

6 hours ago | 2 mins read Exchange News The Bahamian Securities and Commission seized $3.5B of FTX deposits.  Sam Bankman informed the authorities to take over the digital assets.  After approval of t...

Binance coin deposits enabled at CryptoGames: Play dice and roulette!

CryptoGames casino has added Binance Coin (BNB) to its list of supported currencies, allowing players to use BNB to make deposits and play their favorite games. BNB is a popular cryptocurrency develop...

Bahamas Securities Commission Holding FTX deposits Worth Over $3.5 billion.

In the protracted and gloomy drama involving FTX and SBF, it would seem that we have finally heard some positive news about the assets of users that the criminal mastermind was spending frivolously. T...

Former Alameda CEO Admits to Using FTX Customer Deposits To Repay Loans on Risky Investments: Report

Caroline Ellison, the former CEO of Alameda Research, says the trading firm made short-term and open-term loans worth billions of dollars to pay for its venture investments. In a transcript of her gui...

Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal

Caroline Ellison, the former chief executive officer of Alameda Research, said as part of her plea deal that she was aware FTX funds had been made available for the venture capital firm’s investments....

Binance has enough funds to back all user deposits, Report says

Since Binance published its proof of reserves approximately a month ago, it has been subjected to intense scrutiny. The cryptocurrency exchange had taken these actions in an effort to reassure users t...

Gate.io Slows Deposits And Withdrawals DueTo Node Maintenance

Customers have been reassured by the cryptocurrency exchange that their funds are safe and that their transactions are in the process of being carried out. According to a statement that was released o...

Gate.io experiences slowdown in deposits and withdrawals due to node maintenance

Users of the crypto exchange Gate.io are facing slow deposits and withdrawals on transactions due to a node maintenance from a third-party cloud provider, according to an announcement on Dec. 18.  Gat...

Litecoin Bearish Signal: Whale Deposits $37.4M In LTC To Binance

Data shows a Litecoin whale has deposited more than $37.4 million in LTC to the crypto exchange Binance, a sign that may turn out to be bearish for the asset’s price. Litecoin Whale Transfers 500,000 ...

Binance News: “Things Have Stabilized, Deposits Are Coming Back In”

Binance CEO Changpeng “CZ” Zhao on Wednesday said deposits are coming back to the crypto exchange. The FUD surrounding Binance facing FTX contagion and the DOJ probe caused massive withdrawals from th...

Justin Sun deposits $100 million to Binance amid FUD campaign

On Dec. 13, TRON founder Justin Sun tweeted that he had deposited $100 million to Binance. The accompanying transaction link confirmed 100 million USDC going to address 0xd189…eb48 at around 07:00 UTC...

Polygon Bearish Signal: Whale Deposits $5M In MATIC To Coinbase

Data shows a Polygon whale has deposited $5 million in MATIC to crypto exchange Coinbase, something that may be bearish for the price of the crypto. Polygon Whale Moves More Than $5 Million In MATIC T...

Bybit introduces new KYC requirements for P2P trading, fiat deposits and NFT trades

Crypto exchange Bybit will require updated Know-Your-Customer (KYC) verification checks for various products from Dec. 15. Bybit’s one-click buys, fiat deposits and peer-to-peer trading wi...

Signature Bank is Reducing Crypto Linked Deposits by $10 Billion

Amid the harsh market conditions in the crypto space, Signature Bank (SBNY), New York based full service commercial bank, signaled that it is lowering its crypto linked deposits by around $8 Billion t...

Signature Bank shrinks crypto-tied deposits by $8-10B

Crypto-friendly Signature Bank (SBNY) announced that it would shrink its deposits tied to crypto assets by $8 – $10 billion. SBNY’s decision indicates that the bank might be distancing itself from the...

Signature Bank adopts caps to reduce concentration of crypto deposits

Signature Bank, long known as being friendly to crypto clients, is introducing caps to reduce the concentration of deposits from clients in the digital asset industry to below 20% of total bank deposi...

Can LDO pivot finally now that Lido staking deposits are recovering?

Lido Finance experienced a drop in the popularity of its staking platform in November. However, LDO’s money flow did register some upside in the last few days despite the downside. LDO fans are in for...

Polygon Whale Deposits $12M In MATIC To Coinbase, Damper For Latest Rally?

Data shows a Polygon whale has deposited $12 million in MATIC to the crypto exchange Coinbase, something that may put a damper on the crypto’s latest rally. Polygon Has Rallied Up By More Than 10% In ...

Bitcoin IRA deposits at Genesis could leave retirees broke

Genesis Trading is struggling to raise new capital and warned of a possible restructuring in the wake of the FTX bankruptcy. It has frozen retirement funds held by Bitcoin IRA customers. Genesis recen...

FTX Received Some Customer Deposits Via Bank Accounts Held by Alameda

(Bloomberg) — As everything was collapsing around him, Sam Bankman-Fried talked casually about the way FTX had accessed regulated banks otherwise out of reach to the crypto exchange: Through his...

Starling Bank prohibits crypto purchases and deposits citing danger

The digital bank Starling, which is situated in the United Kingdom, is the most recent financial institution to prohibit its cardholders from engaging in any transactions or activities linked to crypt...

UK bank Starling bans crypto-related purchases and deposits citing high risk

Starling has banned its customers from purchasing cryptocurrencies with their bank cards or receiving transfers from crypto merchants. Starling — a digital bank based in the United Kingdom — is the la...

Huge Change In Cardano (ADA) Deposits; Genesis Impact On?

Cardano (ADA) News Updates: While the Digital Currency Group (DCG) is in the news for its exposure to FTX, several cryptocurrencies are seeing major changes. Over the last two weeks, most cryptocurren...