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AT&T Customer Files Case Against the Firm For Causing $1.8 Million Loss
20.10.2019
A complaint has been filed against telecom giant AT&T by a customer accusing the firm of channelizing an employee-aided SIM swap, which has caused the complainant a loss of $1.8 million, including crypto assets theft. The complaint has been filed by Seth Shapiro who is a well-known Californian...
Rare Joint Statement From U.S. Regulators Proves Crypto Centralization Is Here
17.10.2019
The U.S. SEC, Fincen and CFTC issued a rare joint statement Friday addressing regulation of “activities involving digital assets.” Citing crypto’s perceived role in money laundering and terrorism, the regulatory power trio prescribed stricter adherence to anti-money laundering...
Facebook’s Libra Project is “Walled Garden”, Says Ripple’s SVP of Customer Success
30.9.2019
Voicing negative sentiments about the upcoming Facebook’s Libra project, Marcus Treacher, Senior Vice President of Customer Success at Ripple, said, that highly guarded and centralized structure of Libra is not in line with the principles of cryptocurrency. Just so you know, Libra project is backed...
Traders Bemoan New Localbitcoins Identity Requirements
28.9.2019
Recent data shows that countries with corrupt governments have a strong correlation with Localbitcoins trade volumes. However, even though the over-the-counter (OTC) marketplace Localbitcoins has grown massive over the years, traders are complaining about heightened know-your-customer/anti-money...
Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000
25.9.2019
The Reserve Bank of India has imposed regulatory restrictions on a cooperative bank with 137 branches across India, including limiting customer withdrawals to a total of 1,000 rupees (approximately $14) per account for six months. Police personnel had to be deployed to control angry customers...
Binance Ventures into Crypto Lending to Attract Customer Deposits with 15% Annual Interest
27.8.2019
Binance ventures into the lending sector to attract customer deposits The new proposal is named as Binance Lending Beginning from 27th August, the annualized borrow margin loan fee will increase for ETC from 7.3% to 14.6% The world’s biggest cryptocurrency exchange, Binance has launched...
Miller Lite Teams With Blockchain Firm for Customer Engagement Game
22.8.2019
Miller Lite has partnered with a blockchain marketing company for a promotional game that utilizes blockchain and crypto collectibles
QUBE Events Presents: The Financial Innovation Forum – A New Era of Customer-Focused Innovation
14.8.2019
The Financial Innovation Forum, taking place on 10-11 October 2019 in Limassol, Cyprus is an elite platform for future-oriented financial services innovators, designed to share ideas, experiences, and follow the latest developments in digital finance. High-achieving European executives will inspire...
Blockstream Launches Bitcoin Mining Farm With Fidelity as Early Customer
9.8.2019
Blockstream is further stepping into bitcoin mining with the Fidelity Center for Applied Technology and LinkedIn founder Reid Hoffman as customers
British Tax Authority Seeks Customer Data from Crypto Exchanges in Search of Tax Evaders
6.8.2019
The U.K. tax authority is pressuring crypto exchanges to reveal customers' names and transaction histories in a bid to claw back unpaid taxes, sources said
Goldman-Backed Apple Card Restricts Cryptocurrency Purchases
4.8.2019
Cryptocurrencies cannot be purchased with the new Apple credit card according to the American multinational technology company’s recently published customer agreement guidelines. The Apple card’s restrictions indicate that the company’s partner, Goldman Sachs, is leery toward...
Binance Funds Blockchain-Based Customer Relationship Management Network
4.7.2019
Cere Network has received strategic funding from Binance Labs, who initially provided funding and mentorship for the project in its blockchain incubation program
Cryptopia’s Liquidator Regains Access to Customer Database
3.7.2019
Source: iStock/art-sonik
Grant Thornton, the liquidator of New-Zealand based cryptocurrency exchange Cryptopia, said it has recovered the customer holding database and is working to reconcile this with Cryptopia-controlled cryptoasset wallets.
As reported in May, the liquidator applied for urgent...
Bitcoin’s Big Price Drop Is the Latest in a Long History of Flash Crashes
28.6.2019
On Wednesday, June 26, the price of BTC came close to reaching $14K. One hour later, it had dropped by close to 18%. Such events are known as a flash crash, a moment in time where a rapid-sell off happens and often times a few exchanges become inoperable. Over the last few years, especially when...
JPMorgan to Start Customer Trials of Its ‘JPM Coin’ Crypto
25.6.2019
JPMorgan Chase is reportedly to start client trials of its "JPM Coin" cryptocurrency for intercompany remittances
Enforcement of Updated Crypto Guidelines From FATF Has Far-Reaching Implications
25.6.2019
The FATF (Financial Action Task Force) has revealed updated guidelines that would require cryptocurrency and digital asset exchanges—and potentially independent business owners and crypto holders—to share sensitive customer information as VASPs (Virtual Asset Service Providers)...
All Global Crypto Exchanges Must Now Share Customer Data, FATF Rules
21.6.2019
The Financial Action Task Force has officially ruled that crypto firms worldwide must share client data with each other
QuadrigaCX CEO Set Up Fake Crypto Exchange Accounts With Customer Funds
20.6.2019
QuadrigaCX CEO and founder Gerald Cotten reportedly created fake accounts at other crypto exchanges and funded them with his customers' money
Privacy Is Paramount: How KYC Makes Us All Less Free
19.6.2019
KYC (Know Your Customer) policies and endless private data collection, coupled with force-backed, violent legislation compromise the utility and ethics of crypto trading. An uncompromising stance on user privacy is critically important to crypto traders and peer-to-peer transaction. It’s...
Customer Satisfaction Surveys with Wufoo
30.5.2019
I was once tasked to create a makeshift customer service survey that would allow an employee to receive a customer call and send a survey to the custom once the call ended. The goal was to track customer satisfaction, which is a totally legit thing to want.
There are some solutions out there that...