EXCHANGE Archives - Page 3 of 26

EXCHANGE

A phone grabber could drain your bank account in minutes

May 4, 2023 Comments are Disabled

Some frauds and scams aimed at emptying your bank account are ringing alarm bells. But what about the ones that aren’t? Authorised push payment fraud (APPF) – where the victim […]

FCA warns on fintech risks

March 16, 2023 Comments are Disabled

The Financial Conduct Authority (FCA) today warned that some financial technology (fintech) firms present an ‘unacceptable risk of harm’ to customers and to the broader financial system as a result […]

Bitcoin, gold and silver soar amidst SVB fallout

March 13, 2023 Comments are Disabled

Prices for bitcoin, gold and silver soared today following a US government bailout of the depositors of Silicon Valley bank (SVB). At $24,049, bitcoin registered a 15 percent one-day rise. […]

USDC seeks to restore parity to dollar

March 12, 2023 Comments are Disabled

On Friday night the USDC stablecoin fell to 10 percent below its $1 per share target value. On Saturday, the stablecoin’s issuer said it would continue to redeem USDC at […]

Revolut blocked large Friday withdrawal, says VC firm

March 11, 2023 Comments are Disabled

Shortly after Silicon Valley bank was shut by US regulators, e-money firm Revolut prevented a UK start-up from making a large cash withdrawal, the start-up firm’s venture capital (VC) backer […]

Silicon Valley bank run depegs USDC

March 11, 2023 Comments are Disabled

Yesterday’s decision by California’s banking regulator to shut Silicon Valley bank after a $42bn run by depositors, the second-largest bank failure in US history, threatens far-reaching consequences. One of its […]

No clarity on Revolut safeguarding

March 7, 2023 Comments are Disabled

Got funds on your Revolut card? If you do, you may wish to know what do the firm’s recent accounting problems say about the safety of its clients’ money. Read […]

Binance stops Ukraine withdrawals

March 5, 2023 Comments are Disabled

Cryptocurrency exchange Binance has stopped clients in Ukraine from using its services, preventing Ukrainians with cryptocurrency holdings from withdrawing their funds into local currency. In a 2 March statement on […]

Russia sanctions hit London gold market

February 1, 2023 Comments are Disabled

Sanctions imposed on Russia after its invasion of Ukraine have caused London, the world’s major bullion trading market, to shrink. According to the London Bullion Market Association (LBMA), gold held […]

Adding crypto to payment cards is playing with fire

January 9, 2023 Comments are Disabled

Payment cards linked to cryptocurrencies are booming. But adding a volatile, fraud-ridden new technology (crypto) to a rickety old one (card payment networks) risks all kinds of new problems. By […]

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EXCHANGE

A phone grabber could drain your bank account in minutes

FCA warns on fintech risks

Bitcoin, gold and silver soar amidst SVB fallout

USDC seeks to restore parity to dollar

Revolut blocked large Friday withdrawal, says VC firm

Silicon Valley bank run depegs USDC

No clarity on Revolut safeguarding

Binance stops Ukraine withdrawals

Russia sanctions hit London gold market

Adding crypto to payment cards is playing with fire

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