A small business run by a husband-and-wife duo is reportedly out $43,000 after police decided to seize a cash transfer sent to them through FedEx. Henry and Minh Cheng, who run a small jewelry business, are suing the state of Indiana after police showed up at a FedEx depot and seized a package sent to […]
The post Police Take $43,000 Cash From Jewelry Business Under Controversial Law Allowing Warrantless Money Seizures: Report appeared first on The Daily Hodl.
While the European Central Bank is studying the possible issuance of a Europe-wide CBDC, the digital euro, not all Europeans are fully behind this idea. Germany is particularly concerned about the privacy aspects of this implementation, as most transactions and payments are still made using cash, and citizens are reluctant to share their personal information. […]
Skepticism about the digital euro is strong in Germany, especially among older citizens who prioritize privacy and security in financial transactions. Many Germans remain resistant to the idea of a digital currency, with about half unable to imagine using it. Bundesbank President Joachim Nagel has called cash “sacred” in Germany, reflecting deep-rooted concerns about losing […]
A Wells Fargo customer says she’s shocked after the banking giant gave her fake cash during a seemingly routine withdrawal. Kam Ridley recently went to a Wells Fargo branch in Mississippi to withdraw cash and pay bills, reports the ABC-affiliated news station WAPT. Ridley then went to her other bank, Trustmark, to deposit the cash […]
The post Wells Fargo Hands Fake $100 Bill To Customer, Issues Alert on Worthless Withdrawal and Counterfeit Cash: Report appeared first on The Daily Hodl.
In the latest Cointelegraph video, we explain how to set up a successful exit strategy in crypto using a few simple steps.
Missing out on a crypto bull market is tough, but what’s worse is watching your crypto wealth skyrocket only to crash before you can take profits.
In the latest Cointelegraph video, we explain how to build your crypto exit strategy in a few simple steps.
Taking profit means turning your digital gains into real money. There are two main ways to cash out in crypto: convert your assets into stablecoins and transfer them to your crypto wallet, or sell your crypto for fiat and transfer the money to your bank account.
Reports of people trying to use counterfeit cash are spreading across the US. Headlines on various attempts to pay with fake money are popping up around the country, with ABC News declaring counterfeiting is “making a comeback.” Police in Hilo, Hawaii say someone has been bleaching the ink off of $1 bills and printing $100 […]
The post Use of Fake Money Reported Across US After Secret Service Seizes $21,800,000 of Counterfeit Cash in One Year appeared first on The Daily Hodl.
One of the largest banks in Australia is rolling out a plan to terminate cash and checking services. In an update on its website, Macquarie Bank, which has $267 billion in assets, tells customers that a digital-centered banking experience will begin in November. “In case you missed it, we’re phasing out our cash and cheque […]
The post $267,000,000,000 Bank To Abolish Cash, Warns Customers To Prepare for Massive Digital Overhaul appeared first on The Daily Hodl.
Macquarie Bank, one of the largest banks in Australia, will not allow its customers to deposit or withdraw cash or cheques from its office branches starting this month. The move comes as the bank goes cashless, and transitions to digital payments, stating these are “a safe, quick, and more convenient way to bank.” Macquarie Bank […]
A group of banking customers in Australia are feeling the repercussions of a shift toward a cashless society, according to a new report. 4,500 Residents living in the town of Kununurra are now facing a 500 mile journey to the closest bank, reports Yahoo Finance. The town, located in Western Australia, used to have brick-and-mortar […]
The post Bank Withdrawal Access Denied To Thousands in Australia As Customers Forced To Move 500 Miles To Get Cash: Report appeared first on The Daily Hodl.
Over $1.4 million in settlement cash is about to be handed out to clients at a large US bank after a data breach compromised their privacy and security. Webster Bank and several firms linked with it were accused of failing to protect the personally identifiable information of its customers during a data leak between November […]
The post $1,430,207 To Be Handed Out After Billion-Dollar Bank Suffers Data Breach – Here’s Who Qualifies As Claims Deadline Approaches appeared first on The Daily Hodl.
