RBS Customer Payments Delayed after Technical Glitch
Royal Bank of Scotland (RBS) recently admitted to have undergone a technology failure that obstructed around 600,000 payments from reaching their respective beneficiaries' accounts. The problem, which began to affect customers since early morning today, became apparent only when the RBC Twitter account tweeted: "Some customer payments are missing this morning - we are investigating this issue as a matter of urgency." The bank further advised the affected customers to contact its customer care services immediately. The word "missing" created a frenzy among the RBS customers, resulting into....
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HSBC, the fourth largest bank in the world is now steadily returning to normalcy after being hit by a system glitch that left thousands of users unable to log into the system. This instance adds to the list of several cases where the need for a complete overhaul of the existing banking system has been felt. A system based on the Bitcoin infrastructure can be a good solution. HSBC UK witnessed a technical glitch two days ago which prevented its users from accessing the bank’s site, and in some cases, also the mobile banking application. Outraged users even complained that they were charged....
KeyVendor.net, a bot for trading bitcoin keys used by the Steam entertainment platform, was not able to pay some customers their bitcoin a few days ago on account of a glitch at Coinbase, according to a notice KeyVendor posted on steamcommunity.com. The problem has been resolved, and KeyVendor paid everyone their missing bitcoin an extra 10% for the inconvenience, totaling about $210 extra. Coinbase was exploited and keys and bitcoin were stolen from the KeyVendor bot, totaling $15,000. Coinbase handled the problem within two days, according to Key.Vendor.net. Coinbase Took Responsibility.....
The list of top-valued coins on CoinGecko briefly went somewhat irrelevant, with BTC falling behind the “Relevant” token. CoinGecko, one of the largest cryptocurrency tracking websites in the world, suffered a major glitch on Friday morning, with Bitcoin (BTC) mistakenly losing its position as the largest digital currency by market capitalization to a lesser-known altcoin.The list of top-valued cryptocurrencies on CoinGecko briefly went somewhat irrelevant, with BTC’s market cap temporarily falling behind a token known as Relevant (REL).As of 7:20 am UTC, REL was mistakenly placed at the....
Updated with comment from Coinfloor. UK-based bitcoin exchange Coinfloor is now accepting domestic deposits via local bank transfer in an effort to accelerate its local payments services. The feature was brought about by popular demand thanks to a Coinfloor customer survey that found that the majority of Coinfloor's users (47%) would like to see faster local payments. Coinfloor also credited its customers with helping it continue to improve its services, stating: "The trust, support and feedback of our users has played a significant role in our course of action and focus over the last two....
A decentralized finance (defi) protocol called Cashio was attacked by an “infinite glitch” exploit around 9:00 a.m. (UTC), the team said on Wednesday. Following the hack, statistics show the protocol’s total value locked (TVL) dropped from over $28 million to $579,701 and the project’s stablecoin shuddered from $1 per token to zero. Cashio App Exploited With an Infinite Mint Glitch, Project’s Ecosystem Shudders The Solana-based decentralized money project called Cashio App has been attacked by an “infinite glitch” exploit the development....