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Case Study: CoinMarketCap Powers Nexo in Customer Acquisition


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

Currency.com Accused of Exploiting KYC to Withhold Customer Funds


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


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...

COSS Exchange Locks Customer Funds During 3-4 Week ‘Maintenance’


The Singapore-based COSS cryptocurrency exchange has announced that it will deny its 200,000 customers from accessing to around USD 2 million worth of funds for the following three to four weeks while its site undergoes maintenance. On Tuesday, COSS told users there was no call for “panic,”...

Bank Closures and Withdrawal Restrictions Anger Lebanese Citizens


Lebanese citizens have been dealing with economic hardship, as the country’s central bank imposed customer withdrawal limits last October. The problems have continued over the last two months, as ATMs have stopped dispensing cash and bank branches close doors in fear of angry clients....

As FATF Regulations Galvanize, Crypto Mixing Applications Are Targeted


Since the inception of Bitcoin, governments have tried to keep track of all the transactions taking place on the public blockchain. As the years progressed, authorities have shown a distaste for cryptocurrency mixing applications like Coinjoin. On Dec. 19, a Binance customer couldn’t withdraw...

Poloniex Restores Unverified Accounts With Unlimited Trading


In times of mounting pressure on crypto companies to comply with expanding due diligence requirements, Poloniex has taken a step in the opposite direction. The exchange is lifting restrictions that applied to unverified users in response to customer demand. New and current accounts will enjoy...

A Better Alternative to Banking – Club Swan


The crypto community has had a rough relationship with traditional financial institutions with limited solutions available. Around the world, both early and recent crypto users have had bank accounts closed, transactions rejected, unnecessary delays in receiving their funds, or worse. To add...

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