Customers – DIGIT INFO

Strike Launches Callback Phone Support

DIGIT — Sat, 22 Feb 2025 07:30:12 +0000

Bitcoin payments firm Strike now offers callback phone support to its verified U.S. customers. “We know that sometimes a phone conversation is the most effective way to get the help you need,” the company said when it officially announced the service on Thursday, also calling it “the best support experience in bitcoin.” Phone support is […]

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Bankrupt Crypto Lender Blockfi Enlists Coinbase to Distribute Crypto Payouts

DIGIT — Fri, 10 May 2024 14:01:02 +0000

The now-defunct crypto lender Blockfi is officially shutting down the firm’s web portal this month according to an update from the firm. Blockfi said that it has partnered with Coinbase to help facilitate the execution of withdrawals to eligible Blockfi customers. Blockfi Collaborates With Coinbase for Withdrawals, Plans to Shut Down Web Portal After the […]

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Voyager Digital was ‘no better than a house of cards’ — CFTC commissioner

DIGIT — Fri, 13 Oct 2023 05:19:03 +0000

CFTC Commissioner Kristin Johnson’s comments came after separate lawsuits from the CFTC and FTC were filed against Voyager and its former CEO Stephen Ehrlich.

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Crypto lender BlockFi gets court nod to repay customers

DIGIT — Tue, 26 Sep 2023 22:35:06 +0000

The approval is seen as a milestone moment for BlockFi’s over 100,000 creditors, who have been long awaiting repayment.

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Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry

DIGIT — Tue, 02 May 2023 18:00:08 +0000

Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as regional bank stocks hit new lows. Banking Industry on Edge as Pacwest Shares Sink […]

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Former US President Donald Trump Launches Second NFT Card Collection

DIGIT — Tue, 18 Apr 2023 21:30:29 +0000

On April 18, former U.S. president Donald Trump announced a second series of his digital Trump card collection, following the “great success” of his initial non-fungible token (NFT) trading cards. Despite selling out rapidly, Trump stated on Truth Social that he maintained the initial card prices for the new collection. Trump Unveils Series 2 NFT […]

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The Fall of Medici Bank: Lessons on Fractional Reserve Banking From 15th Century Italy

DIGIT — Sun, 16 Apr 2023 22:30:17 +0000

Amid the banking chaos of the 21st century, some are looking back more than 600 years ago, to the Medici Bank — one of the most powerful banks of its time. It established its business and became one of the most respected banks in Europe during its prime, and the prominent Italian family of bankers […]

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Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses

DIGIT — Tue, 28 Mar 2023 22:00:29 +0000

According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying the groundwork by labeling lawful businesses as “reputationally risky,” federal bank regulators, with […]

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Flagstar Bank Acquires Signature Bank’s Assets and Branches, Excluding Cryptocurrency Operations

DIGIT — Mon, 20 Mar 2023 21:30:16 +0000

On Monday, about a week after the collapse of Signature Bank, the Federal Deposit Insurance Corporation (FDIC) announced that Flagstar Bank, a wholly owned subsidiary of New York Community Bancorp, acquired 40 former branches of Signature and its assets. Flagstar assumed nearly all of Signature’s deposits, except for $4 billion of deposits related to the […]

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British Bank Natwest Implements New Limits on Cryptocurrency Payments to Combat UK Crypto Scams

DIGIT — Wed, 15 Mar 2023 18:00:35 +0000

On March 14, 2023, the U.K.-based bank Natwest Group announced new limits on cryptocurrency payments, citing crypto scams that cost U.K. consumers £329 million annually. The limit imposed on crypto exchanges is £1,000 daily ($1,215), with a 30-day limit of £5,000 ($6,077). Natwest’s Cautious Approach Towards Crypto Assets Prompts Another Transfer Limit Amid the banking […]

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