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Quontic Bank Launches Bitcoin Rewards Checking Account With Debit Card for US Customers
16.12.2020
Quontic Bank is launching a bitcoin rewards checking account with a debit card. Customers can earn 1.5% back in bitcoin on their debit card purchases. “Bitcoin is gaining massive momentum both as a digital currency, an asset class, and as a store of wealth,” the CEO of the bank said....
Italian Insurance Giant Generali Gets Into Bitcoin via Banking Arm, Launching Crypto Custody Service
16.12.2020
Banca Generali, the banking arm of Italy’s largest insurance group, has announced that it will be offering cryptocurrency custody service to its customers beginning next year. To achieve this, the bank has acquired a stake in bitcoin wallet provider Conio. Assicurazioni Generali, Banca...
Paypal’s Stock Soars to All Time High as Demand for BTC on the Platform Now More Than Supply of New Coins
15.12.2020
E-commerce giant Paypal’s stock price surged to a new all-time high of $223.16 on Monday, December 14. Since November 12, when the payments giant opened the way for its US customers to start trading cryptocurrency, the stock has soared 17%. Paypal’s Turnaround The stock’s...
Binance Visa cards are now shipping to European customers
15.12.2020
Ether payments are now available on the Binance Visa card which is now shipping to customers in the EEA region
Ledger Wallet Customer Data Leak Invokes Threats, Phishing Scams, User Allegedly Loses Life Savings
13.12.2020
The cryptocurrency hardware wallet firm Ledger was hacked last June and over a million emails were exposed, according to reports from the company at the time. Months later, the hackers who obtained the Ledger data emailed clients, sent texts to customers, and created phishing links for users...
Mastercard Severs Ties With Pornhub — Is Mainstream Crypto Adoption Coming for the Porn Industry?
11.12.2020
Global payment companies Mastercard announced on December 10, 2020, its official decision to ban their customers from using credit and debit cards to arrange purchases on one of the biggest adult websites. Visa has taken the same measure on a temporary basis. Mastercard Cuts Ties With Pornhub...
Fidelity Digital to Accept Bitcoin as Collateral for Cash Loans
10.12.2020
Fidelity Digital says it will allow institutional customers to pledge bitcoin as collateral against cash loans in partnership with Blockfi. The firm’s decision helps bitcoin investors turn their digital holdings into cash without selling. Fidelity’s targeted clients include hedge funds...
First Mover: Bitcoin Below $19K and Customers Flee OKEx
4.12.2020
OKEx appears to suffer customer outflows after lifting of five-week withdrawal suspension, highlighting the existential threat of operational risk
US Regulations Key To Ripple’s Relocation Decision As Customers Worried About XRP
3.12.2020
Brad Garlinghouse. Source: a video screenshot, Youtube, Ripple
As the California-based major blockchain company continues to mull an initial public offering (IPO), Ripple CEO Brad Garlinghouse said the US regulatory framework is out of step with a number of markets such as the UK, Singapore...
95% of Ripple’s customers are not from the US, CEO Garglinghouse says
3.12.2020
Potential customers in the U.S. are apparently holding off from using Ripple’s XRP-related services due to regulatory uncertainty
Visa, Blockfi Launching Credit Card With Bitcoin Rewards — Get BTC Back on All Transactions
2.12.2020
Blockfi has unveiled a credit card with bitcoin rewards in collaboration with Visa. This is “the first credit card that lets you earn bitcoin back with every purchase,” Blockfi detailed. Visa Credit Card Offering Cash Back in Bitcoin Crypto financial services provider Blockfi announced...
BTC Markets privacy breach exposes all customers to potential phishing attacks
2.12.2020
Aussie exchange BTC Markets has revealed the full name and email addresses of all of its customers in a marketing email blast
300 Banks in Germany Charge Negative Interest Rates Including Deutsche Bank, Commerzbank, ING
15.11.2020
A new report reveals that more than 300 banks in Germany are now charging some customers negative interest rates. Some are big global banks, including Deutsche Bank, Commerzbank, and ING. 300 Banks Pass on the Burden of Negative Interest Rates to Customers Banks in Germany have been increasingly...
Belarus’ Largest Bank Launches Cryptocurrency Exchange Service
14.11.2020
The largest bank in Belarus, Belarusbank, has reportedly begun providing a cryptocurrency exchange service, allowing customers to buy bitcoin using Visa cards. Belarusbank’s new cryptocurrency exchange service is in collaboration with bitcoin exchange service provider Whitebird, several local...
PayPal Rolls Out Crypto for All US Customers
13.11.2020
Crypto Twitter reacts to the announcement and answers the question: Just how big a deal is this?
Silence is not golden: OKEx still quiet as customers seek answers
13.11.2020
The way OKEx has handled its nearly month-long withdrawal ban has left many of the company’s loyal customers confused and angry
3 Ways Troubled Cred Aims To Repay Millions to Thousands of its Customers
9.11.2020
The troubled American crypto lending service Cred has suggested three ways the company could refund thousands of its customers after it filed for bankruptcy in Delaware this weekend.
In a Telegram post on its official channel, the firm wrote, that they "have come to the conclusion that it...
Cred customers demand answers after platform files for bankruptcy
9.11.2020
“We just want to know that our funds are safe,” said one Cred user
Paypal Begins Crypto Service: CEO Reveals Increased Limits, Expansion Plans, Venmo Rollout
3.11.2020
Payments giant Paypal has revealed more details of its new cryptocurrency service. The company is currently rolling out crypto functionality to U.S. customers, after which it will launch the service internationally and on the Venmo platform. Paypal’s CEO Unveils Crypto Plans Paypal CEO...
Paxful to Roll Out Crypto Debit Card for US Customers
2.11.2020
The peer-to-peer digital asset marketplace is launching a Visa card, starting in the U.S. market