TechGaged.com - Crypto News
YouTube
Flipboard
𝕏
No Result
View All Result
  • News
    • Bitcoin
    • Altcoins
    • Market
    • Industry
    • Blockchain
    • DeFi
    • Regulation
  • Guides
    • Beginners
    • Blockchain
    • DeFi
    • Regulation
    • Scams
    • Security
  • Info
    • About
    • Contact
    • Privacy policy
    • Disclaimer
    • Editorial Code of Conduct
    • Corrections Policy
    • Terms & Conditions
    • Advertising & Affiliate Disclosure
TechGaged.com - Crypto News
  • News
    • Bitcoin
    • Altcoins
    • Market
    • Industry
    • Blockchain
    • DeFi
    • Regulation
  • Guides
    • Beginners
    • Blockchain
    • DeFi
    • Regulation
    • Scams
    • Security
  • Info
    • About
    • Contact
    • Privacy policy
    • Disclaimer
    • Editorial Code of Conduct
    • Corrections Policy
    • Terms & Conditions
    • Advertising & Affiliate Disclosure
No Result
View All Result
TechGaged.com - Crypto News
No Result
View All Result
𝕏
LIVE

Payday chaos: I.T issue leaves UK banks’ customers without cash 

Rokas Baltrusaitis by Rokas Baltrusaitis
February 28, 2025
in Computer & IT
The front entrance of a bank

A number of top UK banks have reported an I.T issue that has made their customers unable to access cash on payday.

Ad

Bank customers reported on 28 February that the banking apps for top banks like Barclay, Halifax, Lloyds, TSB, and others have been down for hours at the same time, as well as their online banking platforms.

Lloyds, Halifax, Bank of Scotland, & TSB apps are down, impacting UK customers on payday. Virgin Media just recovered from 6-hour outage. pic.twitter.com/CdNV0Te89E

— Alex (@Jfreeg_) February 28, 2025

Not the first time

While other bank customers have entered panic mode because of the incident that has left many of them stranded, it seems this is not the first time the downtime has happened.

In a tweet, another X user said it is the “traditional” banking collapse, suggesting it has happened at least once in the past.

Ad

It's the traditional #payday banking collapse as #Nationwide, #FirstDirect, #Lloyds and #Halifax all confirm issues with their online banking systems on Friday morning, leaving many customers without access to funds. Is that acceptable? pic.twitter.com/LItdy3hJiX

— simon read (@simonnread) February 28, 2025

In fact, reports say it is the second consecutive month that banks have suffered such downtimes around payday in the UK.

Over 3,000 Lloyds customers have reported issues with their apps and online platforms, and almost 4,000 Halifax customers as well.

Responding, Halifax wrote on its official X handle just moments ago saying:

“We know some of our customers are having issues logging on to online banking and our app. We’re sorry for this and we’re working to have everything back to normal.”

For Nationwide which is another top bank that was affected, incoming and outgoing payments are said to be delayed but all other functions remain intact. 

This may not matter to their customers though, since it’s payday and everything is about payment and nothing else. 

Crypto enthusiasts hijack moment

The downtime experienced across at least six major UK banks could be a sign that their technology isn’t keeping in step with the evolving global economy. 

Most of the major banks are down in the UK this morning with nobody able to access their money.. is there a clearer sign to buy crypto..

— Just Dan (@DanDoingStuff) February 28, 2025

Crypto enthusiasts have therefore hijacked the moment to shill cryptocurrency as an alternative since there’s no downtime with them, nor are their weekends. 

What do you think?

SUBSCRIBE to our YouTube channel ▶️
Everyone randomly buys coins. Almost nobody builds a portfolio.



#cryptoportfolio #shorts #cryptoinvesting #cryptowealth #altcoinseason
🏆This is how you build a WINNING Crypto Portfolio
Bitmine just dropped $200M on MrBeast’s company, and it says a lot about where crypto and specifically ETH are headed.


#MrBeast #CryptoNews #Bitcoin #Ethereum #Web3 #Finance #Investing #Shorts
😳BitMine Just Made a $200M Bet on Mr Beast!
As protests escalate and financial restrictions tighten, on-chain data reveals a sharp increase in crypto usage across the country. 

From rising exchange flows to growing Bitcoin and stablecoin activity, digital assets are increasingly being used as financial infrastructure rather than investment tools.


#digitalcurrency #youtubeshorts #cryptoshorts #cryptonews #shortsfeed #shorts #shortsindia
💥Iran's Crypto Activity Just Exploded
This video breaks down the Terra Luna collapse and how one of the largest failures in crypto history unfolded from a technical and structural perspective.

We explain how the UST–LUNA mechanism was designed, how the peg defense failed under pressure, and why liquidity dynamics, market incentives, and reflexive mint-burn mechanics triggered a death spiral that wiped out billions in days.

This is a clear, technical look at what went wrong, why it couldn’t be stopped once it started, and the key lessons the collapse left behind for crypto investors and builders.
--
Read crypto news: https://www.techgaged.com 
Learn about crypto: https://www.techgaged.com/category/crypto-guides/

Follow us:
X: https://x.com/Techgaged_news
Flipboard: https://flipboard.com/@TechGaged
Telegram: @TechGagedGlobal
Terra Luna Collapse | The Code That Destroyed $60 Billion
US Senators introduced the Blockchain Regulatory Certainty Act. Learn why it matters if you're a blockchain developer.

#Blockchain #Cryptoshorts #youtubeshorts #cryptocurrency #shorts
Blockchain Devs Just Got a HUGE Win!
Many industries other than finance are currently implementing blockchain technology. Setting the ground for the infrastructure of the future. 



#bitcoin #youtubeshorts #cryptoshorts #blockchaineducation #blockchainfuture #shorts
Blockchain is building the infrastructure of the future!
SUBSCRIBE

Ad

Join Techgaged on Telegram

Get first-access to daily trending tech stories, AI breakthroughs, and more, before it hits your feed.

Subscribe
Tags: BanksHalifaxLloydsNationwidePaydayTSBUK
Rokas Baltrusaitis

Rokas Baltrusaitis

Rokas is a crypto news journalist, and a graduate of the Creative Industries bachelor’s program at VILNIUS TECH University. He specializes in insightful coverage of blockchain, digital assets, and emerging technology trends.

Related Posts

EU banking watchdog issues new draft guidelines on crypto risks
Industry

EU banking watchdog issues new draft guidelines on crypto risks

by Ana Zirojević
August 7, 2025

Amid ongoing developments in the world of cryptocurrency regulation, the European Banking Authority (EBA) has issued its final draft Regulatory...

Read moreDetails
The world spent $8.5 trillion on IT devices in a decade, more than Germany and the UK’s economies combined-Techgaged.com

The world spent $8.5 trillion on IT devices in a decade, more than Germany and the UK’s economies combined

April 1, 2025
A credit card with UK flag in the background

UK freezes thousands of government credit cards to cut ‘wasteful’ spending

March 18, 2025
A young woman using an app on her phone

Traditional banking branches in limbo as UK consumers prefer bank apps

March 18, 2025
A TikTok logo on a phone screen

TikTok ignores reports of racism but suspends people for recommending a candy

March 4, 2025
An apple logo on a glass building

iOS users enraged as Apple removes encrypted security for UK customers

February 21, 2025
Load More
Ad

🔝 Popular

  • Businesses now use crypto as operational capital, CoinGate data reveals a structural shift

    Businesses now use crypto as operational capital, CoinGate data reveals a structural shift

    0 shares
    Share 0 Tweet 0
  • New Bitcoin Whales Hold Most Realized Cap – First Time Ever

    0 shares
    Share 0 Tweet 0
  • Bitcoin Whales Keep Buying as Institutional Demand Holds Firm

    0 shares
    Share 0 Tweet 0
  • UBS CEO Says Global Banking Is Being Rebuilt Around Bitcoin

    0 shares
    Share 0 Tweet 0
  • Clarity Act 2026: Everything You Should Know

    0 shares
    Share 0 Tweet 0

Latest

Bitcoin sits on top of multiple bitcoins with an ARK Invest banner in the background
Bitcoin

Cathie Wood Says Bitcoin’s Down Cycle Is Likely Over

by Patrick Sabeh
January 21, 2026

Bitcoin chart seen through a lens with Bitcoin coin standing next to the lens.

Why Bitcoin Is Falling Despite Strong Institutional Signals

January 21, 2026
Hand signs a crypto legislation while bitcoin stands in front of the White House, everything in a US flag theme and setting

White House Signals Path for Banks to Go All-In on Crypto

January 21, 2026
Three glowing XRP coins float against a dark background.

XRP Max Pain Hits $1.90 – Shakeout Before Moon?

January 21, 2026
A hand holds a physical Bitcoin coin in front of a trading screen displaying bullish price charts and technical indicators.

Forget the Dip – Weekly Chart Says Bitcoin Is Ready to Run

January 21, 2026
Ad

Techgaged.com | Crypto News

📧 hello@techgaged.com

  • NEWS
    • Altcoins
    • Bitcoin
    • Blockchain
    • DeFi
    • Industry
    • Market
    • Regulation
  • GUIDES
    • Beginners
    • Blockchain
    • DeFi
    • Regulation
    • Scams
    • Security
  • COMPANY
    • About
    • Contact
    • Corrections Policy
    • Editorial Guidelines
    • Privacy Policy
    • Ad & Affiliate Disclosure
    • Terms of Service
    • Disclaimer
Ad
  • News
  • Guides
  • Info

© 2020-2025 Crypto News - TechGaged.com | Global Crypto News & Insights

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
    • Bitcoin
    • Altcoins
    • Market
    • Industry
    • Blockchain
    • DeFi
    • Regulation
  • Guides
    • Beginners
    • Blockchain
    • DeFi
    • Regulation
    • Scams
    • Security
  • Info
    • About
    • Contact
    • Privacy policy
    • Disclaimer
    • Editorial Code of Conduct
    • Corrections Policy
    • Terms & Conditions
    • Advertising & Affiliate Disclosure

© 2020-2025 Crypto News - TechGaged.com | Global Crypto News & Insights