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Bitcoin Mean Transaction Volume Soars 370% from the 2019/20 Market Cycle

Bitcoin Mean Transaction Volume Soars 370% from the 2019/20 Market Cycle

Transaction volumes involving big cash inflows into Bitcoin is on the rise while small transaction cash is reducing.

South Koreans transacted $4.3 billion through illegal crypto exchanges

South Koreans transacted $4.3 billion through illegal crypto exchanges

In 2022, South Koreans transacted $4.3 billion through illegal crypto exchanges, comprising almost 70% of all illicit money traffic captured by officers. The transactions aimed to purchase foreign virtual assets to sell in the country later due to the South Korean regulatory regime isolating the local market.

Visa and Transak Revolutionize Crypto Withdrawals with Visa Direct Integration

Visa and Transak Revolutionize Crypto Withdrawals with Visa Direct Integration

Visa partners with Transak, leveraging Visa Direct for seamless cryptocurrency withdrawals and payments globally. This collaboration enables users to convert over 40 cryptocurrencies directly from wallets like MetaMask into fiat, enhancing crypto-to-fiat transactions and accelerating mainstream crypto adoption.

CipherTrace Unveils New Compliance Software For Banks Against Illicit Crypto Transactions

CipherTrace Unveils New Compliance Software For Banks Against Illicit Crypto Transactions

CipherTrace launches Armada to fix the blind spot in cryptocurrency compliance

Large Institutional Transactions Take the Lion’s Share of Bitcoin Volume at 99%

Large Institutional Transactions Take the Lion’s Share of Bitcoin Volume at 99%

Institutional demand for Bitcoin does not seem to be fading based on the large transactions volume witnessed, according to a report by IntoTheBlock.

NSAV Partners with MNC to Launch First Multi-token Blockchain Home Mining Rig HIVE

NSAV Partners with MNC to Launch First Multi-token Blockchain Home Mining Rig HIVE

Net Savings Link, Inc., a technology services company for the digital asset industry, announced a partnership with Metaverse Network LLC to release HIVE - the first multi-token-enabled blockchain home mining device.

Digital Asset Investments Surge to $117 Million

Digital Asset Investments Surge to $117 Million

Last week, digital asset investment products experienced record inflows and volumes.

Europol Places Bitcoin Mixer Wasabi Wallet on its Radar for Promoting Dark Web Transactions

Europol Places Bitcoin Mixer Wasabi Wallet on its Radar for Promoting Dark Web Transactions

The general regulatory difficulty experienced by Bitcoin and altcoins lie in the skepticism of regulatory agencies due to their cryptographic nature. Transactions are generally obscured as privacy is the watchword. This creates a source of concern as the likelihood of the currencies being used in dark web transactions is high. Monitoring agencies have been able to fight this partly by ensuring companies or firms that will be involved with digital currencies adhere to some compliance clause.

Mysterious Bitcoin Inscriptions: A Puzzle in Raw Binary Data

Mysterious Bitcoin Inscriptions: A Puzzle in Raw Binary Data

A mysterious Bitcoin user inscribed 9MB of raw binary data on the blockchain, spending over $64K. The encrypted data's purpose remains unknown, stirring speculation in the crypto world.

US Department of Homeland Security Can Now Trace Illicit Monero Cryptocurrency Transactions

US Department of Homeland Security Can Now Trace Illicit Monero Cryptocurrency Transactions

The United States Department of Homeland Security will now be able to track transactions of the most privacy-oriented cryptocurrency coin Monero (XMR).

Cryptocurrency Detective ZachXBT Uncovers Unusual ETH Withdrawals for MTG Cards

Cryptocurrency Detective ZachXBT Uncovers Unusual ETH Withdrawals for MTG Cards

ZachXBT's analysis of cryptocurrency transactions involving the withdrawal of over 11,200 ETH, equivalent to $25 million, raises questions about the source and intent of these funds.

5% Global Business Transactions Expected to Utilize Blockchain Technology by 2028: SkyQuest

5% Global Business Transactions Expected to Utilize Blockchain Technology by 2028: SkyQuest

At least 5% of worldwide business transactions are expected to utilize blockchain technology by 2028, thanks to heightened activity in the fintech blockchain market, according to a report by research firm SkyQuest.

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