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TROY Unveils Brokerage Reward & Staking Program for Customers
5.3.2020
Taking pride being a globally acclaimed broker firm specialized in crypto trading and asset management, TROY has announced the launch of its highly anticipated Rewards and Staking Program to allow its global customer base earn some extra rewards. The program has been curated to encourage TROY token...
DappRadar – a Distribution Channel for Dapp Developers to Reach New Customers
5.3.2020
DappRadar has developed in recent years to be the starting line for the Dapp innovation. It functions as a distribution channel for the Dapp developers who are targeting to reach new clients. Dapps (Decentralized applications) can be described as applications that run on P2P computer networks with...
Binance Lets Turkish Customers Directly Deposit Fiat With Bank Integration
3.3.2020
Binance has launched a direct channel integration with Istanbul-based Akbank, allowing users to deposit Turkish lira to their exchange accounts
UK’s FCA Suspends Epayments Service – Over £100M Frozen and Alleged Onecoin Connection
27.2.2020
Epayments, one of the largest payment providers in the U.K., has halted operations after the Financial Conduct Authority (FCA) suspended the company for “weaknesses” related to its anti-money-laundering (AML) process. Since Epayments shut down on February 11, customers have been...
Wells Fargo Fined $3 Billion for 15 Years of Illegal Practices Affecting Millions of Customers
23.2.2020
Wells Fargo, one of the largest U.S. financial services companies, has agreed to pay $3 billion to resolve the U.S. government’s investigations into fraudulent sales practices spanning over 15 years. The Wells Fargo fraud case involved the company forging customer signatures, moving money...
Norwegian Air May Allow Customers to Pay With Crypto as Soon as Spring
20.2.2020
Norwegian would accept cryptocurrency payments via its sister firm, crypto exchange NBX
Currency.com Accused of Exploiting KYC to Withhold Customer Funds
18.2.2020
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...
Cred Now Enables LTC Holders to Earn Up to Ten Percent Interest on Their Digital Assets
12.2.2020
Cred, a licensed crypto-backed lending and borrowing platform based in California, now supports litecoin. The service will allow LTC holders to earn up to ten percent interest through any of its partners including the Litecoin Foundation, Bitcoin.com, Uphold, and Bitbuy. Since July 2019 Cred allows...
Brussels Asks Europeans How to Regulate Bitcoin, Public Consultation Continues Into March
11.2.2020
The European Commission is gathering feedback from EU citizens, businesses, regulators and other interested parties to establish a regulatory framework for crypto assets and markets on a European level. The public consultation which started in December will continue until March 19, 2020, with...
Custody Provider Vo1t Partners With IBM to Offer Customers Secure Key Storage
10.2.2020
The partnership with IBM Hyper Protect ensures that clients’ keys are safe even if Vo1t’s data centers are compromised
Prime Trust to Arrange Banking for Customers of BlockQuake Crypto Exchange
7.2.2020
The exchange will use Prime Trust for compliance checks as well as custody for fiat and cold storage for crypto
Croatian Post’s Crypto Exchange 2 Months in: More Local Users, BTC, ETH, and XRP Favored by Customers
5.2.2020
In December news.Bitcoin.com reported on the Croatian Post’s launch of their own crypto exchange service. After a pilot run in the tourist friendly city of Zadar, the program was expanded to 55 post office branches nationwide starting December 11. Now almost two months in, Croatian Post...
Coronavirus Outbreak Forces Chinese Crypto ASIC Manufacturers to Delay Orders
3.2.2020
Bitcoin mining rig deliveries from China are delayed due to the coronavirus according to a few Chinese manufacturers. Microbt and Ebang sent notices to customers via the firm’s Wechat channels. Sources say Bitmain and Innosilicon are delaying mining device shipments as well. Also read: How...
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...
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...
Spill Your Sats: H&R Block Tells Crypto Customers to Self-Report on Taxes, Even If Imperfectly
27.1.2020
Tax season for United States residents is fast approaching, and the IRS wants to know about everyone’s involvement in the crypto space. Thanks to a recently updated income tax form including a question about crypto activity, tax preparation companies like H&R Block are advising filers...
How Online Casinos Use Promotions to Look for New Customers
25.1.2020
The online casino business is lucrative and competitive nowadays. Different casinos and betting websites are always on the move to attract more customers into their online establishment and home to make returning players and patrons out of them. This is where marketing and promotion become...
Bitpay Users Can Now Purchase Crypto With Fiat In-App
25.1.2020
On January 23, the cryptocurrency payment firm Bitpay announced it will be allowing customers to purchase digital assets using the Bitpay platform. The Atlanta-based company partnered with fiat-to-crypto payment processor Simplex to offer the crypto purchasing experience. Bitpay says the latest...
Panic Withdrawals at Indian Bank Over Alarming KYC Notice
24.1.2020
Hundreds of customers went on a withdrawal spree after an Indian bank announced its revised KYC requirements. The bank’s action followed the decision by the Reserve Bank of India (RBI) to include the National Population Register letter as a valid KYC document for opening bank accounts....
Online Bullion Marketplace Onegold Sees $50 Million in Crypto Payments
13.1.2020
On January 13, the online bullion marketplace Onegold announced the launch of a new mobile application so customers can buy, sell or redeem precious metals at any time. Since 2018, Onegold has accepted cryptocurrencies like BCH and BTC and the firm currently gives customers a 2% discount for paying...