Visa confirms Coinbase wasn’t at fault for overcharging users

Yesterday, we wrote that Coinbase customers were being charged multiple times for past transactions. While some speculated that the erroneous withdraws were down to a Coinbase engineering issue, Coinbase issued a statement saying it wasn’t liable for the duplicate charges. The blame, instead, rested with Visa for the way it handled a migration of merchant categories […]

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Coincheck users are suing to get their money off the hacked cryptocurrency exchange

The fallout from the year’s biggest cryptocurrency hack to date continues. On Monday, Reuters reported that 10 traders who used the Tokyo-based exchange Coincheck are preparing to file a lawsuit with Tokyo’s District Court on Thursday. The plaintiffs will be represented by Hiromu Mochizuki, who has been tweeting some updates about the case. During the aftermath […]

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Financial technology startups emerged as serious challengers to financial services in 2017

Dana StalderContributor Dana Stalder is a general partner at Matrix Partners and writes at forentrepreneurs.com. More posts by this contributor: All the attention in financial services this year has gone to the newest kids on the block: cryptocurrencies. With bitcoin now eclipsing $15,000 and Coinbase adding more than 300,000 users in one week alone, it’s […]

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