Bitcoin transaction fees continue to soar after halving.
More DetailsBitcoin (BTC) transaction fees entail the amount charged for your proceedings to be handled by a miner and approved by the Bitcoin network.
More DetailsThe Algorand Foundation will be leveraging Chainalysis’ Know Your Transaction (KYT) for transaction monitoring and compliance processes after its integration.
More DetailsMultinational banking giant, HSBC has reportedly become the first bank to complete a financial transaction using the blockchain trade platform, we.trade based in Europe.
More DetailsOn-chain crypto data analytics recently picked up a Bitcoin transaction worth more than $1 billion.
More DetailsAn Ethereum user has found himself paying $9,500 in transaction fees to send only $120 of Ether.
More DetailsEthereum's daily transaction volume is going parabolic. It now settles $12 billion in transactions daily - $3 billion more than Bitcoin.
More DetailsEthereum transaction fees recorded its lowest price since July, when the decentralized finance (DeFi) boom began. What does this mean?
More DetailsNew data by Glassnode reveals that BTC’s seven-day transaction has broken the record at $4.39 billion.
More DetailsThe Binance Smart Chain, a platform for building smart contracts, has surpassed the Ethereum network for transaction volume and unique active wallets.
More DetailsUniswap recently launched its own governance token UNI, and since its launch, Ethereum’s transaction fees have reached new highs.
More DetailsStandard Chartered has made a milestone by completing its first cross-blockchain trade finance pilot transaction between Hong Kong and China.
More DetailsTo eliminate the pain points associated with crypto like misunderstanding, trepidation, and fear, Unstoppable Domains has collaborated with Fantom to make transactions simpler and easier.
More DetailsThe number of Ethereum (ETH) transfers has dwindled hitting a 1-month low of 24,471.607, as acknowledged by on-chain metrics provider Glassnode.
More DetailsEthereum has surged past $1000, following Bitcoin’s footsteps to wrap up 2020 nicely.
More DetailsThe Ethereum network settled more transactions in the first quarter of 2021 than it did in 2020.
More DetailsThe Bitcoin Lightning Network attracts fees close to zero, so it becomes more practical to use it when undertaking small payments than a debit card, according to leading investment bank Morgan Stanley.
More DetailsDespite the consolidation happening in the Bitcoin market, the leading cryptocurrency has emerged as an efficient settlement network based on the low fees charged.
More DetailsSince 2018, crypto exchange Binance has carried out Iranian transactions worth $8 billion despite being slapped with U.S. sanctions
More DetailsThe Zcash protocol might be under a spam attack as analysts pointed out on Twitter in a long discussion that started on Wednesday. Being a privacy-focused protocol, Zcash’s “Shielded Transaction” feature designed for privacy is now being misused by the attacker.
More DetailsBitcoin Mixer offers a solution to the many risks posed by transacting Bitcoins online through a process known as Bitcoin shuffling.
More DetailsCoinbase partners with Trustly for Open Banking in Canada, enabling direct bank-to-crypto wallet transactions. This follows Coinbase's recent Canadian market expansion and US crypto derivatives approval.
More DetailsBNB Smart Chain introduces BEP 336 upgrade, inspired by Ethereum's EIP 4844, to optimize data storage and reduce transaction costs, preparing for a network performance boost.
More DetailsThe new proposals by the EU are designed to prevent criminal groups from exploiting the anonymity of crypto-based transactions.
More DetailsTON's Q4 2023 Developer Report reveals a 22.8% increase in its developer community, highlighting over 500% growth in active developers and significant advancements in blockchain technology and community engagement.
More DetailsA user paid millions of dollars in Gas fees just to send $130 worth of Ether.
More DetailsGerman central bank, Deutsche Bundesbank appears to have facilitated over one trillion dollars of suspicious transactions flagged by US FinCEN.
More DetailsTransaction volumes involving big cash inflows into Bitcoin is on the rise while small transaction cash is reducing.
More DetailsIn 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.
More DetailsCipherTrace launches Armada to fix the blind spot in cryptocurrency compliance
More DetailsInstitutional demand for Bitcoin does not seem to be fading based on the large transactions volume witnessed, according to a report by IntoTheBlock.
More DetailsLast week, digital asset investment products experienced record inflows and volumes.
More DetailsThe 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.
More DetailsA 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.
More DetailsThe United States Department of Homeland Security will now be able to track transactions of the most privacy-oriented cryptocurrency coin Monero (XMR).
More DetailsZachXBT'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.
More DetailsAt 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.
More DetailsLitecoin and Ethereum have proven to be among the most fundamental digital assets in the crypto space. According to the Coin Market Cap, Ethereum is ranked the second most popular cryptocurrency after Bitcoin, whereas Litecoin is ranked seventh. Despite their popularity, their intentions are entirely different. It, therefore, becomes crucial to comprehend their unique aspects.
More DetailsCipherTrace, a cryptocurrency intelligence company, has introduced a predictive risk-scoring model to instantly avert money laundering of cryptocurrencies from ransomware attacks and theft.
More DetailsAn Illinois senator has presented a law that would compel crypto node operators, miners, and validators to reverse transactions if ordered by the court, even though it's impossible.
More DetailsDespite Ethereum (ETH) correcting from the historic high of $4,860 attained recently, the second-largest cryptocurrency is still experiencing high transaction volume on its network.
More DetailsThe Council of the EU has adopted the DAC8 directive to enhance administrative cooperation among national tax authorities concerning crypto-asset transactions and tax rulings for high-net-worth individuals. The directive broadens the scope of assets covered, mandates automatic information exchange, and aligns with global standards set by the OECD and G20 to address challenges posed by the digital economy.
More DetailsOn-chain metrics provider Glassnode has revealed that high transaction volumes in the Ethereum network are boosting Ether's upward momentum.
More DetailsCourt filings reveal FTX and Alameda Research executives engaged in financial transactions before the exchange's collapse, including a $2.51 million payment to the American Yacht Group.
More DetailsEthereum (ETH) continues to surpass Bitcoin in terms of the value settled on-chain daily.
More DetailsOver the past 10 years, the Blockchain.com exchange has now processed $1 trillion in transactions, the company's CFO Macrina Kgil said.
More DetailsCalifornia lawmakers propose regulations on cryptocurrency ATMs to combat escalating fraudulent activities. The bill, dubbed "Digital Financial Asset Transaction Kiosks," recommends a daily withdrawal limit of $1,000 and a cap on operators' fees, with implementation eyed for January 1, 2024. While some victims of ATM scams applaud the measure, crypto ATM operators express concerns over the potential adverse impact on small operators.
More DetailsThe Ethereum network has reached a notable milestone in its daily transactions after hitting an all-time high of 1,406,016 as availed by Etherscan data on September 17. It broke the previous record of 1.35 million attained on January 4, 2018.
More DetailsMoonXBT is no longer charging fees for multiple spot trading pairs to ease the burden on users during the ongoing economic crisis.
More DetailsHSBC and Wells Fargo have formed a strategic agreement to use a settlement ledger powered by blockchain technology when undertaking foreign exchange (FX) transactions meant to minimize settlement risk.
More DetailsThe U.S Treasury Department has released a notice concerning a new rule that would require money services businesses and banks to verify identities, keep records, and submit reports of users holding crypto assets in unhosted wallets.
More DetailsMany think the latest money transfer is part of the bankruptcy process, with officials liquidating funds to repay creditors.
More DetailsThe Australian government is piloting a blockchain database to find out its viability on conveyancing transactions.
More DetailsLuxembourg for Finance (LFF) is a public-private partnership that acts as the agency for the development of the financial center of the small nation.
More DetailsMarathon Digital Holdings encountered a setback as it mined an invalid block on the Bitcoin network due to an internal bug amidst an operational optimization experiment. The company acknowledged the error and praised Bitcoin's self-corrective security measures.
More DetailsCryptocurrency processing platform CoinsPaid has shared an update on its performance in Q3, revealing it saw a two times growth in its transaction volume when compared to the same period of last year.
More DetailsVanEck Research revises #Ethereum price target to $11.8k by 2030 following a recent hard fork. The new valuation considers revenues from transaction fees, MEV, and an emerging "Security as a Service" model.
More DetailsFantom Foundation has reduced its validator staking requirement from 500,000 FTM to 50,000 FTM, aiming to boost network security and accessibility, following a June 2023 governance vote.
More DetailsUTXO stands for An Unspent Transaction Output. It is one of the key concepts in bitcoin design and it is closed related to modern "payment, settlement, clearance" process in financial system.
More DetailsThe Bitcoin network has reached an unprecedented level in terms of chain volume as it transacted 8.9 billion in one hour. Rafael Schultze-Kraft, Glassnode’s co-founder, ascertained that this movement made history because it was the highest hourly volume of Bitcoin to be recorded in its 11-year existence.
More DetailsA recent transaction of 27 BTC to a Satoshi Nakamoto wallet has raised interest in the cryptocurrency community, particularly considering the Genesis Block's 15th anniversary. This event celebrates Bitcoin's history and raises questions about its future and originator.
More DetailsBitcoin (BTC) gained momentum in the last 24 hours to trade at $37,200, and the transaction volume also hit a 3-month low of $3.014 billion.
More DetailsThe Australian Prudential Regulation Authority (APRA) has ordered local banks to report on cryptocurrency transactions amid concerns over the contagion of recent banking collapses, including that of Silicon Valley Bank (SVB). The regulator is seeking more information and insight into banking exposures to crypto assets and associated risks.
More DetailsThe European Central Bank (ECB) seeks to be ahead of the game by studying how blockchain-based bank transactions will enable more money control even if lenders change to distributed ledgers.
More DetailsEIP-1559, an Ethereum Improvement Protocol set to launch in July, has been touted as a game-changer that will address the issue of rising gas fees on the network.
More DetailsMore large accounts or organizations are taking part in the Bitcoin network as on-chain transactions above $10 million have gone through the roof.
More DetailsUniswap has launched a beta version of its mobile wallet for Android on October 12, following the successful iOS app release in April. The Android wallet facilitates easier swaps on various chains without manual network switching, offers robust swap protection against frontrunning, and ensures a transparent fee structure for its users. The launch, part of a broader trend among decentralized exchanges, signifies the growing emphasis on mobile platforms in DeFi.
More DetailsEthereum network revenue rose 1,777% from $231.41 million to $4.34 billion, according to market insight provider Bankless.
More DetailsSberbank expects digital assets trading to be rolled out to the bank’s customers later this year.
More DetailsEthereum presently has 47% OFAC-compliant blocks, the lowest since Oct 11.
More DetailsEthereum traders have a reason to smile because transaction fees dropped from November highs of $34.19 to $3.84 per transaction, representing an 88.7% decline.
More DetailsCash App has integrated TaxBit into its services, allowing Bitcoin holders to easily report their taxes. Cash App users can track their Bitcoin transactions for tax reporting purposes through TaxBit’s platform. TaxBit simplifies tax reporting for everyone who has integrated digital assets into their portfolio. The IRS set Jan. 23 as the start of the 2022 tax filing season and reminded taxpayers of their crypto income reporting obligations, including capital gains from trading, mining, and staking activities.
More DetailsBTCS, a digital asset blockchain technology-focused company, recently closed an institutional investor-backed $9.5 million financing comprised of 9,500,000 shares of its common stock and common stock warrants to purchase up to 7,125,000 shares of common stock at a combined purchase price of $1.00 per share in a registered direct offering.
More DetailsNew data by on-chain data provider Santiment reveals that the uptrend over the weekend made Ethereum increase by more than 17.4%.
More DetailsStarknet v0.13.1 upgrades Ethereum data storage costs, offers lower transaction fees, and improves stability and user experience, potentially boosting adoption and advancing Starknet's evolution.
More DetailsAccording to ongoing reports and speculation from some quarters in the cryptocurrency world, as regard allegations being brought against Coinbase, the United States San Francesco based cryptocurrency giant exchange and wallet service of restricting some clients to a maximum withdrawal of $10 per day.
More DetailsRussia’s Ministry of Finance has issued an amendment to its current cryptocurrency regulations. The amendments also come with stricter sanctions.
More DetailsChainalysis, the leading blockchain data and analytics provider, announced the acquisition of Transpose, a prominent blockchain data and infrastructure firm.
More DetailsBy now, it is no secret that Ethereum co-founder Vitalik Buterin and his team are busy perfecting Ethereum 2.0 and preparing it for its official launch.
More DetailsBitfinex has integrated Tether Gold transactions via the Polygon zkEVM transport layer, marking a significant step towards cost-effective and secure digital asset transactions from October 11, 2023.
More DetailsBitcoin experienced an uptick in transaction volume recently, given that it reached a 1-month high of 47,433.025 BTC. A research reflected global crypto adoption on the rise, boosted by P2P trading activites.
More DetailsWith an annual return rate of 399.2%, Ethereum (ETH) has scaled the heights in 2021 thanks to increased adoption and notable upgrades like the London Hard Fork.
More DetailsBitcoin’s friendliness in terms of the low transaction fees paid to use its network continues because it hit a monthly low.
More DetailsWeStreet Credit Union has introduced a Crypto Portal, offering a secure platform for buying, selling, and holding cryptocurrencies. Initially a members-only feature since August 2023, it opened to the public in October. Partnering with a Qualified Crypto Custodian, WeStreet provides a regulated, audited platform for cryptocurrency transactions, bridging the gap between traditional banking and the digital currency sphere.
More DetailsThe number of forums where people are discussing Bitcoin trading and investing has increased over recent years. More companies and individuals are also interested in Bitcoin trading and investing.
More DetailsDisruption begins February 1. U.S. Dollar-held bank account holders who use SWIFT to acquire or sell cryptocurrencies under $100,000 may be impacted. Binance needs a new SWIFT (USD) partner to prevent service delays.
More DetailsA new vulnerability termed as "replacement cycling attack" on the Lightning Network has been unveiled by a developer known as mononaut. The attack manipulates the transaction mechanism of the network, potentially causing financial loss to users. This revelation has led to the resignation of security researcher Antoine Riard from the Lightning Network development team. Despite the challenges, the network's locked-in value stands at $159.5 million, indicating its growing popularity since 2018.
More DetailsA major “fat finger” transaction error in the growing blockchain world took place over the weekend with a Bored Ape Yacht Club (BAYC) NFT mistakenly listed for 0.75 ETH instead of 75 ETH.
More DetailsOkcoin has paused its U.S. dollar wire and ACH deposits due to the regulatory intervention in Signature Bank, Okcoin’s primary partner for customer transactions in dollars. The suspension extends to over-the-counter services, credit card transactions, and trading USD-crypto trading pairs. However, all corporate and customer funds are safe, and USD withdrawal is not affected. The processing pace will be subject to bank operation. All crypto deposit and withdrawal functions remain intact, including those of U.S. dollar-pegged stablecoins.
More DetailsChinese authorities have dismantled a $2.2 billion underground banking network that used cryptocurrencies to bypass financial controls, seizing $28,000 worth of digital currencies.
More DetailsAn Israeli startup has developed a new technology that could prevent the loss of funds caused by human error when sending Bitcoins or other digital assets. The mistake is common as wallet addresses are represented by a unique and random string of alphanumeric characters.
More DetailsCyvers Alerts has discovered suspicious transactions linked to the recent Mixin Network hack. Two hacker addresses received 51 ETH from an account that had interactions with Huobi Global and Binance. The watchdog has called on these exchanges to help identify the suspicious account as part of ongoing investigations.
More DetailsAsian Development Bank (ADB) is going to initiate a blockchain-powered project to connect securities depositories and central banks in the APAC region.
More DetailsMetaMask introduces security-focused Snaps, including collaborations with Tenderly and Sayfer, and extends functionality through integration with Hedera, marking a significant enhancement in wallet security and user experience.
More DetailsStarkNet's 2024 roadmap update includes fee reductions, v3 transactions with STRK payment options, Ethereum EIP-4844 integration, and Volition mode, enhancing scalability and user experience.
More DetailsDigital Transaction the company behind the ParallelChain™ blockchain has launched its utility token XPLL, giving investors the opportunity to stock up during its pre-sales stages
More DetailsIndia’s government believes that cryptocurrency is here to stay and the focus should entirely be on regulating it, not banning it.
More DetailsThe disclosure of 'Compensation Reserve Funds' by South Korean crypto exchanges, led by Upbit with KRW 20 billion, reflects the country's broader regulatory strides aimed at ensuring user protection, transaction transparency, and market discipline. This move aligns with the new regulatory framework set to be implemented in 2024, spotlighting the government's agenda to foster a robust infrastructure for digital assets, with the reserve fund mandate forming a cornerstone of this initiative.
More DetailsBitcoin started normalising after its transaction volume slipped last month, according to market insight provider Santiment.
More DetailsEthereum’s price has been experiencing an uptick, with the latest being a surge above the psychological level of $3,800 since May.
More DetailsScroll unveils its zkEVM mainnet on October 17, enhancing Ethereum’s scalability and developer engagement. Employing zero knowledge proofs, it boosts transaction speeds and reduces costs, promising a near-identical Ethereum experience, without compromising security or decentralization. The launch follows extensive testing, with notable contributions to Ethereum Foundation’s Privacy and Scaling Explorations. The initiative eyes global developer adoption, advancing Ethereum’s Layer 2 solutions.
More DetailsAbra and Plutus Tech have agreed to a cease-and-desist order and a combined penalty of $150,000 after being charged by the Securities and Exchange Commission for selling unregistered security-based swaps to investors in 2019.
More DetailsCoinbase CEO, Brian Armstrong, condemns Chase UK's restrictive stance on cryptocurrency transactions, urging UK crypto holders to close their Chase accounts. This move by Chase UK could potentially impede Coinbase's expansion plans in the UK and Europe.
More DetailsNPCI’s formal directive on the use of UPI payment method for crypto transactions is unlikely to come soon.
More DetailsThe non-fungible tokens (NFTs) sector continues to take the world by storm based on the massive growth experienced.
More DetailsANZ Bank is facing criticism as it discontinues withdrawals and deposits from a number of Australian branches to encourage customers to use digital transactions. Critics suggest this could impact older customers and increase vulnerability to technical issues. This decision highlights the gradual shift towards a cashless society in Australia, with cash payments falling from 59% in 2007 to 27% in 2019.
More DetailsEthereum is likely to increase its value based on the speculation and hype surrounding the London upgrade event.
More DetailsThe US Treasury Department said in a statement that Suex cryptocurrency exchange has been aiding ransomware actors to attack businesses and government entities.
More DetailsAccording to Juniper Research, blockchain-enabled B2B cross-border payments will be more than $4.4 trillion by 2024. This will be a substantial rise from the current $171 billion.
More DetailsThe Reserve Bank of India (RBI) is planning to increase the number of Central Bank Digital Currency (CBDC) transactions to one million per day by the end of 2023, according to Deputy Governor T Rabi Sankar.
More DetailsMoney has always had a fundamental influence on the development of the world and society's values. Money is a major incentive for our economic society. Everybody knows the importance of money, but how money is created and achieves its value still remains a mystery for most people.
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