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Amid Pandemic Downturn, Crypto Lender Celsius Hits 50K in Bitcoin Deposits
1.5.2020
With over 100,000 active users of its app, the company’s growth is now on track to outperform 2019 by 60%
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
Crypto Firm Deposits Jump 24% in Q1 at Metropolitan Commercial Bank
24.4.2020
Crypto-friendly Metropolitan Commercial Bank reported $25 million more in deposits from crypto customers in the first quarter of 2020
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...
BTC Exchange Deposits Hit Lowest Point Since 2016
16.4.2020
The number of BTC exchange deposits has hit the lowest point since 2016
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...
10 Loan Providers Taking Crypto as Collateral, If You Think the Time Is Right for Hodling
21.3.2020
If you are not ready to part with decentralized money, at a time when prices are relatively low, but need some fiat cash to cover costs in times of crisis, crypto-backed loans are a working solution. A number of platforms offer this type of service and their popularity is growing among...
Shadow of Steem: Crypto Exchanges Choose to Govern User Deposits Differently
19.3.2020
In view of the Steem fiasco, Cointelegraph examines how some of the most popular exchanges handle user deposits: Do they lend them out, stake them or leverage them?
Binance Lending Adds Bitcoin Cash to Flexible Deposits Letting Users Earn Interest on BCH
18.3.2020
Bitcoin cash users now have another venue to earn interest on their digital asset holdings. Binance has added support for BCH flexible deposits on its lending platform, alongside ETH and EOS. This development comes just as competition in the crypto lending field is heating up. Also Read: Binance...
WazirX Brings INR Deposits Back, More and More Tokens to Be Made Available Soon
12.3.2020
India’s leading crypto exchange WazirX announced that INR deposits are back on the platform. To celebrate the comeback, the exchange is giving away 135 WRX tokens, to 3 lucky winners. The announcement was made via a tweet on Thursday. ⚡️ INR deposits & withdrawals are back on WazirX ⚡️...
Binance.US Enables USDC Deposits
6.3.2020
USDC is now part of Binance.US assets to allow users easily convert to BUSD
Binance Now Supports Deposits and Withdrawals in Hong-Kong Dollars
24.2.2020
The exchange has opened a fiat gateway for Hong Kong dollars, serving a jurisdiction in which banking services for crypto firms are notoriously tough to find
Bitcoin Price Dips Below $9.5K as Whale Deposits 600 BTC to BitMEX
17.2.2020
Bitcoin falls below $9,500 for the first time since Feb. 5 as bullish momentum above $10,000 decisively wanes
Options Protocol Brings ‘Insurance’ to DeFi Deposits on Compound
12.2.2020
A company called Opyn is bringing trustless insurance to the Compound DeFi protocol
Exchange Deposits in Bitcoin Slide to Lowest Level in 3 Years
5.2.2020
The number of bitcoin on-chain deposits has dropped sharply over the last six months, indicating a strong optimistic or “HODLing,” sentiment in the market
41 German Banks Now Charge Negative Interest Rates
2.2.2020
The number of German banks charging negative interest rates has been rising rapidly. At least 41 banks now charge negative interest rates on deposits. According to reports, seven of them are imposing negative interest rates even for small deposit amounts. Also read: Survey: 58% of German Banks...
Darknet Users Discuss the Connection Between DDoS Attacks and Exit Scams
1.2.2020
During the last few weeks, a number of darknet markets (DNMs) like Dread and Empire have been attacked relentlessly with heavy DDoS attacks. Meanwhile, reports disclose that Apollon is allegedly pulling an exit scam in the same fashion as Nightmare Market did last year. Darknetstats.com details...
US Bank Silvergate Sees Growth in Crypto Clients, Despite Decreasing Deposits From the Sector
31.1.2020
Financial results released by two U.S. banks providing services to the crypto industry have indicated a decline in deposits from digital currency customers. However, a positive trend has been observed as well. One of the crypto-friendly institutions, Silvergate Bank, has seen an increasing number...
Silvergate Bank Adds 48 Crypto Clients in Q4 Even as Deposits Slip 4%
29.1.2020
The La Jolla, Calif.-based bank, which went public on the New York Stock Exchange under the trading symbol SI in November, released its earnings report before market open on Wednesday
Crypto-Related Deposits Drop by Half at Metropolitan Commercial Bank
28.1.2020
Metropolitan Commercial Bank’s deposits from crypto firms have steadily declined, a sign of heightened competition in a field where the bank was once one of the only games in town