Coinbase’s support account on X tackled grievances regarding alleged account restrictions. In a post, the company emphasized, “don’t believe everything you see on twitter.” However, an attached X Community Notes clarification pointed out that Coinbase is “indeed restricting accounts.” Locked Accounts and Frustrated Users: Coinbase Faces Customer Outcry A flood of complaints has been aimed […]
Thai authorities successfully raided an illegal bitcoin mining operation in Ratchaburi on August 23. The raid came after residents reported frequent power outages. The bitcoin mining operation was found to be consuming electricity that the occupants of the house were not fully paying for. Bitcoin Mine Raided Amid Resident Power Outage Complaints Authorities in Thailand […]
Santiago Peña, the President of Paraguay, recently dismissed the complaints that bitcoin mining farm operators have voiced against the power fee hikes that ANDE has enacted for these activities. Peña stated that these price increases don’t need to be consulted with the operators and that more companies in the industry are waiting to enter the […]
The number of user complaints received by crypto and blockchain entities has been on a decline since August, the latest Complains.Biz data has shown. The data shows that in just 28 days, Complains.Biz’s sentiment meter detected a 29% decline in the number of complaints. According to company founder Tom Blok, platforms that deliberately ignore user […]
The California Department of Financial Protection and Innovation has outlined the most frequently reported complaints related to cryptocurrency. Emphasizing “a rising trend in crypto-related complaints,” the regulator advised: “Be careful what you post and make public online. Scammers can use details shared on social media and dating sites to better understand and target you.” Top […]