What it was like to have Quontic Bank’s metaverse pool party all to myself
Quontic Bank once proclaimed it was the first to have an outpost in the metaverse, however, that outpost seems to have been abandoned.
Results for Banking
36 stories, newest first
Executive texts claim Deltec moved customer funds from FTX to Alameda
Messages from Caroline Ellison claim that Deltec had a central role in moving assets from FTX to Alameda and facilitating USDT issuance.
Some Swan Bitcoin customers lose banking access
Swan Bitcoin is struggling with banking access again as banks suspend accounts of customers who used bitcoin mixers.
The company that created Moonstone Bank is no more
Moonstone owner FBH's failure to file an annual report in Washington state means it could only be a matter of weeks before it's struck off.
The red flags of Axos, which banked CZ, Scott Purcell, and Alex Jones
Despite a dubious client list, Axos hasn't considered its exposure to the crypto as a relevant “risk factor” in its SEC filings.
Chase Bank tells UK crypto users to take their business elsewhere
As of next month, Chase will join the likes of Nationwide, HSBC, Santander, Barclays, Nomo, and Natwest in restricting crypto transactions.
Explained: Interlinking CBDCs and their potential impact
Banks experimenting with SWIFT’s interlinking CBDCs include the Hong Kong Monetary Authority and the National Bank of Kazakhstan.
Bad crypto bets helped to destroy Credit Suisse banker’s wealth firm
Francis Menassa invested $2.5M in trading platform BlockEx which, despite a successful ICO, was forced to lay off staff 12 months later.
Alameda-funded bank Farmington State gets cease and desist from Fed
The liquidation of Farmington State could see FTX and Alameda creditors get back some money from the $11.5 million 2022 investment.
FDIC issues notice that banks misreported figures… but for who?
FDIC-insured banks were warned to report accurate numbers for insured deposits... but the warning applies to depositors and investors, too.