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Wirecard $2 Billion Scandal: Firm Files for Insolvency, Ex-CEO Arrested, User Funds Safe
25.6.2020
Scandal-hit crypto card issuer Wirecard AG, a firm that has filed for insolvency because of its missing $2.1 billion – but customer funds appear to be safe, for now. The news comes just two days after former chief executive officer Markus Braun was arrested by German police on allegations...
Robinhood Vows to Improve Platform Following Customer Tragedy
19.6.2020
The suicide of Alexander Kearns prompted Robinhood to take additional measures to improve its platform
Nightmare Come True: User Pays $2.6 Million in Transaction Fees to Send $134 of Ether
10.6.2020
A record ethereum transaction fee has been paid today: $2.6 million to transfer $134. The user probably mixed up the fields on the value of the transfer and the fee, eventually paying 10,668 ETH in fees, or $2.6 million, on a transaction mined by Sparkpool. A nightmare come true, the customer sent...
The Most Reliable Bitcoin Mixer BitMix.Biz – Your Fast Crypto Security in 2020
31.5.2020
The one who called himself Satoshi Nakomoto, created cryptocurrency so that anyone can keep their financial life untouchable and protected from the interference of others. However, requirements of customer disclosure put these principles at risk and ordinary users under threat of theft, extortion...
ViaBTC Group Announces Strategic Upgrade to Advance Innovation and Improve Customer Experience
30.5.2020
Hong Kong, 30 May, 2020 – ViaBTC Group, an innovative technology company specialized in blockchain and dedicated to providing users with comprehensive digital asset management services, today announced a strategic upgrade, which included a new organizational structure, product innovations...
Hacker Attempts to Sell Data Allegedly Tied to Ledger, Trezor, Bnktothefuture Customers
24.5.2020
According to an online monitoring web portal called, Under the Breach, a hacker is purportedly trying to sell customer information that stems from companies like Keepkey, Trezor, Ledger, and even the investment platform Bnktothefuture. The hacker doesn’t seem to have any passwords, but...
Square’s Cash App Reports BTC Quarterly Revenue Exceeds Fiat’s, Soaring 367% to $306 Million
8.5.2020
Square’s Cash App reported Wednesday, that bitcoin (BTC) revenue during the first quarter of the year, soared 367% to $306 million from $65 million a year ago. Quarter-on-quarter, the figure is up 71%. The increase is thanks “to growth in the number of active bitcoin customers, as well...
A Virtual Experience of Digital Transformation in Insurance: Customer Engagement & Operational Agility Conference 2020
27.4.2020
London – Join us on May 5–6, for a virtual experience of Digital Transformation in Insurance conference. Over 30 speakers from industry leaders Direct Line, Allianz, Lloyds, and Aviva join innovative insurtechs, including Flock and FloodFlash to collaborate with us LIVE to share their experience...
Case Study: CoinMarketCap Powers Nexo in Customer Acquisition
22.4.2020
Since its inception in 2013, CoinMarketCap has become the world’s most used price-tracking source for retail users when comparing thousandsContinue Reading
The post Case Study: CoinMarketCap Powers Nexo in Customer Acquisition appeared first on CoinMarketCap Blog
In Possible Exit Scam, Chinese EOS Wallet Locks Up $52M of Customer Funds
21.4.2020
EOS Ecosystem, a wallet app returns out to be a scam and possibly runs away with $52M user funds
World’s Top Customer Relations Platform Integrates Commercial Blockchain
10.4.2020
World’s number one CRM platform integrates commercial blockchain
Bitfinex Launches Staking in Response to Customer Demand
7.4.2020
At launch, Bitfinex offers revenue sharing for EOS, Atom, and V-Systems staking, with support for more crypto assets coming soon
Huobi Withdraws Steem Votes, Admits to Mobilizing Customer Funds
4.3.2020
Four of Steem’s former witnesses have been reinstated after Binance and Huobi removed support for the apparent coup
From Single Key to Sophisticated Computation: The Evolution of Crypto Exchange Custody
28.2.2020
When the first cryptocurrency exchanges sprung up in late 2010, multisig wallets had yet to be invented. As a result, a single private key was commonly used to control all customer funds. Today, multisig has been complemented by sophisticated solutions such as Unbound Tech’s CASP, which uses...
Moody’s Gives Thumbs Up to UAE’s Know Your Customer Blockchain Platform
26.2.2020
Moody’s praises UAE lenders on a proposed blockchain-based Know Your Customer platform
Error or Plunder? Report Suggests FCoin Purposely Moved Customer Bitcoin Since 2019
26.2.2020
A recent report from Silicon Valley-based Anchain AI wonders out loud whether funds were purposely pilfered by insiders, challenging FCoin’s official line claiming a data error was to blame
Wells Fargo Fined $3 Billion for 15 Years of Illegal Practices Affecting Millions of Customers
23.2.2020
Wells Fargo, one of the largest U.S. financial services companies, has agreed to pay $3 billion to resolve the U.S. government’s investigations into fraudulent sales practices spanning over 15 years. The Wells Fargo fraud case involved the company forging customer signatures, moving money...
Currency.com Accused of Exploiting KYC to Withhold Customer Funds
18.2.2020
Know Your Customer (KYC) and Know Your Transaction (KYT) are ostensibly deployed by exchanges to combat money laundering. In practice, these provisions are used as an excuse to surveil, cajole, and threaten customers, who risk losing funds if they are unable to meet the impossibly high burden...
Another Crypto Exchange Discourages the Use of Bitcoin Mixing Services
30.1.2020
The cryptocurrency exchange Binance was recently scrutinized for flagging a customer’s funds because the individual had used a bitcoin mixing application. Now the platform Paxos Global is discouraging the use of crypto mixers after a customer allegedly sent coins to a mixing service. Also...
The Blockchain Approach to Customer Relationship Management
15.1.2020
What could blockchain tech bring to the customer relationship management industry and what is not so good with the traditional CRM?