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FTX Liquidators Target Repayment to Creditors by End of 2024


The FTX bankruptcy estate has outlined its target to initiate repayments to customers by the end of 2024, as disclosed during a meeting of FTX Digital's Joint Official Liquidators in the Bahamas.  The post FTX Liquidators Target Repayment to Creditors by End of 2024 appeared first on Cryptonews

Sui and Revolut Launch Global Partnership


The partnership aims to bolster awareness and adoption of blockchain technology among Revolut’s user base of 40 million customers globally. The post Sui and Revolut Launch Global Partnership appeared first on Cryptonews

New Zealand Regulator Warns Against Crypto Exchange Clone


New Zealand regulator noted that crypto exchange clone company has been reportedly contacting customers, promising to retrieve funds lost in previous unsuccessful investments.   The post New Zealand Regulator Warns Against Crypto Exchange Clone appeared first on Cryptonews

Crypto Lender Celsius Pursues $2B Pre-Bankruptcy Exodus


Bankrupt crypto lender Celsius has begun demanding customers who made major withdrawals in the three months preceding its bankruptcy to return their funds or face legal action. The post Crypto Lender Celsius Pursues $2B Pre-Bankruptcy Exodus appeared first on Cryptonews

Uphold Warns Of Fake Phishing Scam Seeking Customers’ Private Keys


Crypto exchange Uphold has warned customers that fake emails from scammers posing as the company is trying to fleece users of the keys to their Bitcoin wallets. The post Uphold Warns Of Fake Phishing Scam Seeking Customers’ Private Keys appeared first on Cryptonews

Alternative Ways for Coinbase Commerce to Support Native Bitcoin Payments


Coinbase recently announced that it would be removing support for native Bitcoin (BTC) payments across its payment platform for merchants, Coinbase Commerce. The company’s head of product, Lauren Dowling, stated on her X account on February 18 that “customers were struggling with operational...

Switzerland’s PostFinance Starts Offering Crypto in Partnership With Sygnum


Switzerland’s PostFinance has partnered with the crypto bank Sygnum to launch a new retail cryptocurrency for its 2.5 million customers on Wednesday, as digital assets become an “integral part” of the financial world. The post Switzerland’s PostFinance Starts Offering Crypto in Partnership...

Rockwallet Steps in to Adopt Wyre’s Customers Following Shutdown


According to the crypto payments company Wyre, based in San Francisco, which ceased operations in June 2023, the multi-currency self-custodial wallet platform Rockwallet has taken over Wyre’s entire customer base. On Thursday, Rockwallet announced it has been reaching out to customers...

Court Frees Genesis to Sell GBTC Shares Worth $1.3B to Compensate Clients


Genesis Global obtained bankruptcy court approval on Wednesday to sell its Grayscale Bitcoin Trust (GBTC) shares. The bankrupt crypto lender can now sell its 35m GBTC shares worth over $1.3b as part of efforts to reimburse customers. In a Feb. 14 hearing conducted via Zoom, Judge Sean Lane signed...

Bankrupt Crypto Lender Genesis Moves to Settle with NY Attorney General


Bankrupt lender Genesis on Thursday settled a lawsuit with New York Attorney General Letitia James over its now-defunct Earn program. The Earn program, operated jointly with Gemini Trust, offered customers up to 8% interest on crypto loans. But it was suspended amid the crypto market downturn...

Kraken Obtains VASP Registration From Dutch Central Bank


Crypto exchange Kraken was granted a virtual asset service provider (VASP) registration from the Dutch Central Bank today. Kraken announced the acquisition of its fourth European VASP license, which will make its services available to customers in the Netherlands. Another milestone in our European...

Crypto Custody Firm Fireblocks Latest to Cut Jobs Amid Tech Layoffs


Crypto custody provider Fireblocks has announced a reduction in its workforce as part of a restructuring effort. In a recent interview with Bloomberg, Fireblocks said it has been working on restructuring its go-to-market and customer support operations over the past six months. The goal is...

Vast Bank Withdraws From Cryptocurrency Sector, Shuts Down Mobile App


Vast Bank, the U.S. financial institution that once offered customers the unique ability to manage cryptocurrencies alongside traditional banking, is exiting the digital asset space and shutting down its crypto mobile app in response to a consent order from the Office of the Comptroller of...

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