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BlockFi Lowers Interest Rates for Top Tier Crypto Deposit Accounts

Crypto wealth management and lending company BlockFi has lowered the interest rates for their biggest cryptocurrency deposit accounts, according to an official blog post on March 22.BlockFi launched the BlockFi Interest Accounts (BIA), cryptocurrency accounts supporting Ethereum (ETH) and Bitcoin (BTC), earlier in March. The accounts initially offered a

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Crypto Lending Company BlockFi Launches Crypto Accounts With Bitcoin, Ethereum Support

Crypto wealth management and lending company BlockFi has launched new cryptocurrency accounts supporting Ethereum (ETH) and Bitcoin (BTC) bearing 6 percent annual interest paid monthly in crypto. The company announced the launch through a post published on its website on March 4.In July last year, crypto-focused merchant bank Galaxy

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Crypto Companies Still Run Into Trouble Opening Bank Accounts

Companies in the cryptocurrency industry still have trouble opening bank accounts, major financial publication Bloomberg reported on March 3.The report cites the complaint of Sam Bankman-Fried, CEO of quantitative crypto trading company Alameda Research, that “the standard answer of ‘just go to your local Chase branch’ doesn’t work in

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Brazilian Bank Bradesco Closes Accounts of Local Crypto Exchange and Owners

One of the largest Brazilian banks, Bradesco, has notified crypto exchange Bitblue that its banking accounts will be closed late February, local crypto outlet Portal do Bitcoin reported on Feb. 13.As the outlet has learned from unnamed industry insiders, Bitblue will face the closure of its accounts in Bradesco on

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CookieMiner Malware Tries to Hack Mac Users’ Cryptocurrency Exchange Accounts, Report

A new form of malware steals cookies from cryptocurrency exchanges and other data in an attempt to hack user accounts, cybersecurity research team Palo Alto Networks reported on Jan. 31.CookieMiner, a progression of OSX.DarthMiner, is a malware targets Mac users, stealing saved Google Chrome passwords, iPhone SMS messages and iTunes

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Leaked Crypto Exchange User KYC Data Doesn’t Affect Our Accounts: Binance

By CCN: Binance, the world’s leading cryptocurrency exchange, has recently put out a statement claiming that the leaked cryptocurrency exchange user know-your-customer (KYC) data isn’t from its users, as it uses digital watermarks on every user picture it collects.Recently, CCN revealed a hacker going by “ExploitDOT” was selling

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Hong Kong Crypto Exchange BitMex Shutting Down Trading Accounts in the US and Quebec

The Hong Kong-based bitcoin futures exchange BitMex, is pulling the plug on trading accounts in the US and in the Canadian province of Quebec amidst growing regulatory restrictions in North America. Although BitMex is one of the most active bitcoin trading platforms in the world with a current turnover of $928

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Major Indian Bank Threatens to Close Accounts of Users Transacting in Crypto: Report

Kotak Mahindra Bank — India's second largest private sector bank by market cap — is allegedly requiring account holders to refrain from dealings in cryptocurrency. The claim was made by Twitter user “Indian CryptoGirl” (@Desicryptohodlr) in a tweet posted Jan. 8.According to the screenshot provided in Indian CryptoGirl’s tweet, Kotak

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