FDIC says more than 85 businesses are lying about being insured
In its latest risk review, the Federal Deposit Insurance Corporation has doubled down on its crypto warnings. Digital assets pose...
Insured
Crypto and Fiat Stored on Apps Might Not Be Insured by The FDIC
In a report recently published by the Consumer Financial Protection Bureau (CFPB) of America, regulators warn that crypto and fiat...
FTX CEO Clarifies Misinterpreted Claims of FTX.US Being FDIC Insured
FTX founder Sam Bankman-Fried has denied that the exchange has FDIC insurance while apologizing for any information that might have...
FDIC clarifies that cryptocurrencies are not insured
The U.S. Federal Deposit Insurance Corporation (FDIC) clarified in a statement on Friday that it only protects insured bank customers...
Deposits at non-bank entities, including crypto firms, are not insured — FDIC
The United States Federal Deposit Insurance Corporation, or FDIC, has issued an advisory informing the public it “does not insure...
Beware: The companies that hold your crypto aren’t insured the way banks are
The latest “crypto winter,” which sent the values of Bitcoin and other digital currencies plummeting, served as a healthy reminder...
UnoRe ensures Apex to become the world’s first Insured node project
Apex, a Nodes-as-a-Service (NaaS) provider, announced a first of its kind partnership with UnoRe, a decentralized insurance and reinsurance platform....