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Ledger Wallet Data Leak Dumped on Raidforums for Free, Company Regrets the Situation
21.12.2020
Just recently, the hardware wallet manufacturer Ledger has been dealing with a lot of criticism for the e-commerce customer data leak that took place last June. The data contained the emails of a million Ledger wallet customers, and thousands of clients had additional information leaked like phone...
American Express’ Venture Arm Invests in a Cryptocurrency Trading Platform
19.12.2020
American Express says its venture arm, Amex Ventures has invested in Falconx the cryptocurrency trading platform that focuses on serving institutional trading clients. Amex’s investment, which was announced during a record-breaking week for bitcoin, underscores the credit card issuer’s...
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...
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...
Today's clients demand that banks show cybersecurity chops, says JPMorgan leader
9.12.2020
New technology also means new responsibilities. Security is key in the digital age
First Mover: Why Wells Fargo Won’t Recommend Bitcoin to Clients
9.12.2020
A Wells Fargo unit doesn't recommend bitcoin to clients, since they can't yet hold cryptocurrency in their accounts. What if that ever changed?
Swiss Banks About To Get A New Crypto Gateway For Their Clients
7.12.2020
The Swiss Stock Exchange (SIX) and its partners aim to launch a new service that would enable Swiss banks to offer access to digital assets for their customers in the first quarter of 2021.
The Institutional Digital Asset Gateway, which is still subject to the appropriate regulatory approvals,...
Alliance Bernstein Tells Clients Bitcoin Has a Role in Asset Allocation
2.12.2020
Alliance Bernstein has told its clients that bitcoin has a role in investment portfolios. The head of the Portfolio Strategy team of the firm’s research arm said he has changed his mind about bitcoin after previously stating that it did not have a place in investment portfolios. Alliance...
Blockchain Bites: Coinbase Cuts Margin Trading, Binance Sweeps US Clients, OKEx Offers Rebates
25.11.2020
Coinbase has also changed the way it will alert clients to relevant tax information
Major Australian Investment Firm Moves From Negative-Yielding Assets Like Gold to Bitcoin
25.11.2020
A billion-dollar Australian investment management firm has gotten into bitcoin, citing that the cryptocurrency is superior to gold. Many of the firm’s clients have been asking about investing in bitcoin. “We have been positioning in gold for our clients for many many years now....
New Dutch Law: Clients Must Explain Why They Want To Buy Bitcoin
19.11.2020
Netherlands-based crypto exchanges are now required by law to get additional information from clients regarding their bitcoin addresses. As part of the new requirements, which went into effect on Nov. 17, clients must now furnish exchanges with reasons why they wish to buy bitcoin. They will also...
OKEx Mining Pool Flatlines After 99.5% Hash Power Drop as Withdrawal Suspensions Spook Clients
18.11.2020
The pool's hash power has dropped from 5,000 to barely 20 PH/s
This $29B Asset Advisory is Giving Wealth Managers and Clients a Bitcoin On-Ramp
17.11.2020
Mariner Wealth Advisors has tapped crypto firm Eaglebrook for its new bitcoin allocation engine
PayPal CEO: Financial System 'Not Working,' Users 'Very Eager' For Crypto
3.11.2020
Dan Schulman. Source: a video screenshot, Youtube/Axios
Dan Schulman, CEO of online payments giant PayPal, has presented his diagnosis of the current financial system’s shortcomings, claiming it is inefficient and causing millions of people to be excluded, as the company expands into...
Banking Giant With 11m Clients May Be on Verge of Launching Crypto Exchange
27.10.2020
Major Asian bank, Singapore’s DBS, could be set to debut a crypto and securities token exchange – offering trading in bitcoin (BTC) and three major altcoins against not only the fiat Singapore dollar, but also three other major international currencies.
A DBS page devoted to what the bank seems...
Vitalik Buterin Not Sure 'When ETH 2.0' but Says Clients Can Launch it Alone
27.10.2020
Ethereum (ETH) co-founder Vitalik Buterin does not know when the second iteration of the network might be going live, but said that, in theory, clients can launch it on their own.
One of the most asked questions in the crypto space, particularly this year, has been "when ETH 2.0"? After...
Ex-bank Boss Lebedev Says 'Parasitic' 'Banks Pocket Clients Money,' Touts DeFi
13.10.2020
Alexander Lebedev. Source: a video screenshot, Youtube/Александр Лебедев
A Russian media mogul and former bank chief who is set to launch an ambitious new, DeFi-themed cryptobank project in Switzerland has taken a swipe at the conventional banking system and countries that allow themselves...
Exec who bamboozled clients with crypto jargon pleads guilty to $3.25M fraud
2.10.2020
A crypto escrow executive has pled guilty to defrauding his client out of $3.25 million
SEC Alleges Big-Talking Florida Crypto Investor Defrauded Clients of $6.8M
30.9.2020
Thomas J. Gity allegedly told his 18 investor's he'd never ended a trading day in the red
New Zealand Tax Agency Asks Crypto Firms to Hand Over Clients’ Personal Data
29.9.2020
The Inland Revenue Department (IRD) of New Zealand has requested that crypto companies in the country hand over their customers’ personal details, cryptocurrency asset values as well as the type of asset held. According to a September 28 report by Radio New Zealand, the tax agency says...