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Stripe Partnering With Goldman, Citigroup, Others to Offer Checking Accounts, Services: Report
4.12.2020
Payments processor Stripe is teaming up with banks like Goldman Sachs, Citigroup, and Barclays to provide checking accounts and other banking services, reports the Wall Street Journal. See also: Stripe to Pay $120,000 in PlexCoin ICO Settlement With Massachusetts Attorney General
Central Bank of Nigeria Governor Decries the Use of Parallel Exchange Rate as Citizens Switch to Crypto
4.12.2020
The governor of the Central Bank of Nigeria (CBN) Godwin Emefiele says the embrace of the parallel market exchange rate by some professionals in that country is unfair and unfortunate. The CBN governor says the parallel foreign exchange market only accounts for a share of the market that does...
Stripe will offer bank accounts, with help from Goldman Sachs and Citi
3.12.2020
But only for vendors, so retail users will have to wait
Texas State Securities Board Flags 15 Investment Entities Including One Unregistered Crypto Trader
21.11.2020
The Texas State Securities Board (TSSB) has announced a series of enforcement actions against 15 online investment entities that illegally market cryptocurrency, binary options, and forex investments in Texas. Fake Social Media Accounts The regulator alleges that operators of the companies...
Circle’s high-yield USDC business accounts take aim at DeFi
7.11.2020
High yields and frequent interest payments on Circle’s business accounts may be designed to compete with DeFi protocols
Stablecoin Savings: Circle Launches High Yield USDC Accounts for Businesses
7.11.2020
Two years ago the cryptocurrency firm Circle announced the launch of USDC, a stablecoin pegged to the U.S. dollar. This week, Circle revealed the launch of high yield digital dollar business accounts with APY up to 10.75%. On September 26, 2018, Circle and the Centre open-source consortium launched...
DeFi Trading App Dharma Now Connects Directly to US Bank Accounts
2.11.2020
The startup for trading in decentralized finance (DeFi), Dharma, has now enabled automated clearing house (ACH) purchases in 10 U.S. states
Dark Web Hackers Claim to Hold Keys to 10K Robinhood Accounts: Report
1.11.2020
The number of Robinhood-related emails for sale outnumber those for other brokerages by about 5-to-1, the report says
22 Indian Bank Branches to Begin Offering Crypto Banking Services
28.10.2020
An Indian bank is preparing to start providing crypto banking services at its physical bank branches. Customers can buy bitcoin and several other cryptocurrencies at these branches with Indian rupees, open savings accounts with crypto wallets, make loans against their cryptocurrencies, and more....
Bitcoin Whales Just Split Up $5.5B Into Smaller Wallets: Flipside Crypto
27.10.2020
Clearly the recent increase in the price of Bitcoin caused accounts with a lot of BTC to do something. ButContinue Reading
The post Bitcoin Whales Just Split Up $5.5B Into Smaller Wallets: Flipside Crypto appeared first on CoinMarketCap Blog
How Hackers Exploited Twitter’s VPN Problems, Obtained God Mode and Took Over Accounts
25.10.2020
An investigation by the New York State Department of Financial Services has revealed how the great Twitter hack in July happened. A total of 130 high-profile, celebrity accounts were compromised and many were used to tweet about a bitcoin giveaway scam. How Twitter Was Hacked The New York State...
.Crypto Domain Owners Can Now Be Verified With Twitter Accounts for Safer Payments
20.10.2020
The Twitter authentication service lets .crypto domain holders verify address ownership via the MyEtherWallet app
Hackers Infiltrated Almost 2,000 Robinhood Accounts: Report
15.10.2020
According to the company's statement at the time of the hacks, the attacks were said to have affected only a "limited" number of clients
ETH Volumes Top $119.5 Billion in Q3: High-Risk Dapps Dominate Tron Network
4.10.2020
A recent report says total Dapps transaction volumes reached $125 Billion in Q3 2020, a figure which is $113 billion higher than in Q2 2020. From these volumes, the Ethereum blockchain accounts for 96% or $119.5 billion of the total created value with the majority of this being attributed to...
Tether’s Stablecoin Dominance Drops Below 80% as Audit Controversy Lingers On
27.9.2020
The total volume of stablecoins in circulation is closing in on the $20 billion mark, while the market-leading coin, USDT’s share of the total circulating supply continues to shrink, data from Coinmetrics shows. According to the data, USDT now accounts for an estimated at 80% of total supply...
US Banks Can Now Hold Reserves for Stablecoin Issuers, Says Federal Banking Regulator
22.9.2020
The U.S. Office of the Comptroller of the Currency (OCC) on Monday published a letter clarifying that national banks and federal savings associations can now hold reserves for stablecoin issuers in the country. According to the OCC’s interpretive letter, reserve accounts can either be funded...
The MicroStrategy Effect? This Firm Is Helping Businesses Save in Bitcoin
21.9.2020
Bitcoin financial services firm Unchained Capital has released an “advanced business account” specifically targeting firms that want to hold BTC
A Spain Based Crypto Ponzi Scheme Abruptly Freezes Accounts of 120,000 Investors
17.9.2020
A Spain based crypto Ponzi scheme, Arbicorp abruptly froze accounts of more 120,000 investors on September 12, after the discovery of an error that causes one of its cryptocurrency trading bots to overpay. Arbicorp claims that the error, which went unnoticed for almost a year, led to its trading...
P2P Bitcoin Exchange Paxful Shuts Down Venezuela Operations to Comply With US Sanctions
16.9.2020
Peer-to-peer (P2P) crypto exchange Paxful is shutting down its operations in Venezuela, apparently, to comply with U.S. economic sanctions against the leftist government of disputed president Nicolas Maduro. On Tuesday, a Paxful spokesperson told news.Bitcoin.com that the exchange will now start...
Ternio Reveals BlockCard Users Can Now Purchase Bitcoin Directly From Their New BlockCard Bank Accounts
16.9.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
ATLANTA, GA - September 16, 2020 - For Blockcard Account users who noticed recently that they can now activate their own Blockcard bank accounts, a new feature has just gone live: Buying Bitcoin (BTC) and Ternio...