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Coincheck Customers Fall Victim to Data Breach After Domain Account Error
3.6.2020
Coincheck's .com domain had been "in a state where it could be acquired." No funds have been lost, the firm said
5 Ways to Reduce Risks for Customers in Case Bitcoin Exchange Fails
3.6.2020
Amending laws to accommodate the nature of cryptoassets, tracing on-chain transactions, and prohibiting the re-use of deposited bitcoin (BTC) are some of the ways to reduce risks in case a custodian sinks, according to researchers from the Netherlands' Leiden University.
Their recent paper looks...
Japanese Crypto Exchange SBI VC Trade Offers New Customers Free XRP
30.5.2020
Japan’s newest crypto players are getting increasingly aggressive in their marketing efforts – with financial giant SBI now offering all new crypto customers handouts of the XRP token.
SBI operates the SBI VC Trade crypto exchange, and per an official tweet, anybody opening an account between June...
JPMorgan to Pay $2.5 Million to Settle Lawsuit for Overcharging Crypto Fees
28.5.2020
JPMorgan Chase has reportedly agreed to pay $2.5 million to settle a crypto class-action lawsuit. Originally filed in 2018, the suit alleges that the bank overcharged customers for buying cryptocurrencies using Chase credit cards, classifying the purchases as cash advances. JPMorgan Settles...
RBI Confirms No Ban on Cryptocurrency Exchanges, Businesses or Traders in India
26.5.2020
India’s central bank, the Reserve Bank of India (RBI), has confirmed that there is no longer any banking ban on crypto exchanges, companies, or traders. This follows the supreme court decision to quash the RBI circular prohibiting banks from providing services to any customers dealing...
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...
Retail Investors Branch to Altcoins: ‘60% of Coinbase Customers Start With Bitcoin, Only 24% Stick Exclusively’
20.5.2020
On May 13, the San Francisco-based cryptocurrency exchange, Coinbase published a report that shows digital currency investors are investing in alternative cryptocurrencies despite bitcoin’s 67% market dominance. Data from Coinbase shows that customers with at least five crypto purchases...
Germany Enters Recession as Over 100 Banks Charge Negative Interest Rates
18.5.2020
Germany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008, according to official data. Over 100 banks in the country are now charging customers negative interest rates. Germany Enters Recession The German economy is now in...
Bitwala Launches Bitcoin Interest Account With up to 4.3% Annual Rate
15.5.2020
Neobanking service provider Bitwala on Thursday introduced a new account that offers its 80,000 European customers passive bitcoin (BTC) income. The Bitwala Interest Account allows users to earn up to 4.3% interest per annum for BTC held at the bank. According to the Berlin-based company, account...
Coinbase Says That 60% of Its Bitcoin Buyers Go Into Altcoins
14.5.2020
Major cryptoasset exchange Coinbase claims that although most of its users initially favor bitcoin (BTC), the vast majority also go on to trade altcoins and other digital assets.
In a blog post, the platform claimed,
“Among customers with at least five purchases, 60% start with bitcoin but just...
Accepting Payments (including Recurring Payments) on WordPress.com
12.5.2020
I’m a fan of building websites with the least amount of technical debt and things you have to be responsible for as possible for what you wanna do. Sometimes you take on this debt on purpose because you have to, but when you don’t, please don’t ;).
Let’s say you need...
BitPay Onboards Client With 1M Customers, ECB Focuses On Retail CBDC + More News
12.5.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Crypto adoption news
Major crypto payment processor BitPay announced the first large international furniture brand to go live...
Coinbase, Gemini First Crypto Exchange Customers at JPMorgan Bank: Report
12.5.2020
The U.S. banking giant is providing deposit and withdrawal transactions for the exchanges' U.S. users, as well as other services
JPMorgan Bank Takes on Coinbase, Gemini as Its First Crypto Exchange Customers
12.5.2020
The U.S. banking giant is providing deposit and withdrawal transactions for the exchanges' U.S. users, as well as other services
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...
Silvergate Adds 46 More Crypto Clients in Q1 While Existing Customers Increase Deposit Levels
29.4.2020
Silvergate Bank added 46 crypto customers in the first quarter and saw fee income and deposits increase from those customers because of “Black Thursday,” according to its earnings report released before market open on Wednesday
Sharing Thoughts on Security, OKEx’s Jay Hao Says Customers Come First
23.4.2020
Okex’s CEO, Jay Hao, says “we must never do anything that harms the interests of users” while also talking about future developments on the platform
Americans Purchase $1,200 Worth of Bitcoin, While 7 Banks Fumble With Stimulus Payments
20.4.2020
For years now, bitcoiners and cryptocurrency proponents have said the antiquated banking system will not continue to survive for very long and the financial system is showing massive cracks these days. The recent stimulus check fiasco is a prime example of the issue, as customers from PNC, JPMorgan...
Bitmain to Compensate its Past Customers After Price Cut
14.4.2020
Customers that bought AntMiners S17+ and T17+ before the price cuts have the right to a partial refund from Bitmain
80 Banks Charge Negative Interest Rates as Crisis Deepens in Germany
12.4.2020
Amid the coronavirus pandemic and deepening financial crisis, the number of banks charging customers negative interest rates in Germany has accelerated. At least 80 banks now reportedly charge negative interest rates, 16 of which apply this policy to even small deposits. Also read: IMF Declares...