Search
Chinese Police Bust $296M Illegal Crypto-Based Currency Operation: Report
13.5.2024
Police in Panshi City, Jilin arrested six people for running an "underground bank."
Despite $250 Billion Worth of Transactions, Digital Yuan Users Prefer Physical Cash
13.5.2024
Some participants of China’s Central Bank Digital Currency (CBDC) pilot program, specifically state workers paid in digital yuan (e-CNY), are quickly converting their digital currency to physical cash due to concerns over its utility and lack of incentives like interest on savings. Despite...
Turkey Prepares New Crypto Law to Align With International Standards
13.5.2024
Turkey is preparing to present a new law to regulate crypto assets to Parliament. The legislation, aimed at aligning with international standards and reducing risks associated with crypto transactions, will enforce strict regulations on the licensing and operation of cryptocurrency trading...
IMF backs Nigeria crypto adoption amid local SEC crackdown
10.5.2024
The IMF recommendation sets out to remedy the macroeconomic challenges Nigeria faces while attracting global investment
Binance Slapped With $4.3 Million Fine By Canada’s FINTRAC
9.5.2024
Crypto exchange Binance is facing a $4.3 million USD fine by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) for violating terrorist financing and money laundering laws, the Canadian regulator announced Thursday. News of the fine comes just over a week after former...
Nigerian stakeholders demand Binance reveal identity of bribe agent
8.5.2024
SIBAN’s executive secretary, Rume Ophi, stressed that Binance should reveal names to substantiate the claim and allow authorities to address wrongdoing
U.S. Financial Industry to Explore Sharing Ledger Technology for Multiasset Transactions
8.5.2024
Major stakeholders in the U.S. financial sector, including Citi, JPMorgan, Mastercard, Swift and Deloitte, are teaming up to explore sharing ledger technology by simulating multiasset transactions in dollars
MetaMask unveils Smart Transactions for streamlined user experience
7.5.2024
MetaMask comes out with smart transactions through which users can carry out 99.5% of successful transactions and an array of added facilities. MetaMask is involved in linking persons globally to multiple blockchain applications, boosting an enormous amount of transactions on a daily basis. From...
Bitcoin makes history: Surpasses one billion transactions
6.5.2024
Bitcoin, the pioneering cryptocurrency, has reached a significant milestone, surpassing the one billion transactions mark nearly eight hundred weeks after its launch. This achievement underscores Bitcoin’s enduring relevance and adoption as a decentralized digital currency, with implications...
‘AI-Agents Will Do Crypto Transactions’: Arif Khan on the Future of Crypto-AI
6.5.2024
Alethea CEO Arif Khan, a speaker on the AI Stage at Consensus 2024, says we’ll soon be automating daily tasks like paying bills and responding to emails
Popular Crypto Wallet MetaMask Rolls Out 'Smart Transactions' to Combat Ethereum Front-Running
6.5.2024
It's the first step on a more ambitious roadmap to transform how Ethereum's biggest wallet works under the hood
Study reveals bots and big traders dominate stablecoin transactions
6.5.2024
A recent study has shed light on a startling trend within the cryptocurrency market, most transactions involving stablecoins are driven not by genuine users but by automated trading bots and large-scale traders. The findings, which raise questions about the true nature of stablecoin usage and...
Bitcoin Runes reclaims dominance over BTC transactions
6.5.2024
Runes made a recovery to account for the lion’s share of transactions over the Bitcoin network
How Monero Safeguards gamers’ financial transactions?
6.5.2024
As video games have continued to advance in the twenty-first century, in-app purchases and microtransactions have exploded onto the scene. By picking up these add-ons, players can receive various digital goods or augmentations to help bolster their gaming experience. But with convenience comes...
Bitcoin Price Prediction: $64K Surge Amid ETF Inflows & 1B Transactions
6.5.2024
Bitcoin's price soars past $64K, buoyed by a surge in ETF investments and a historic milestone of 1 billion blockchain transactions.
The post Bitcoin Price Prediction: $64K Surge Amid ETF Inflows & 1B Transactions appeared first on Cryptonews
Bitcoin Crosses One Billion Transactions After 15 Years
6.5.2024
Over a decade after its creation in 2009, Bitcoin achieves a major milestone by processing its one-billionth transaction as its price rebounds to $64,000 level.
The post Bitcoin Crosses One Billion Transactions After 15 Years appeared first on Cryptonews
Could stablecoin volumes overtake Visa this quarter?
6.5.2024
Research firm Sacra predicts stablecoins will “eclipse” Visa on total payments volume this quarter, but Visa's head of crypto doesn’t agree
Bitcoin reaches one billion transactions
6.5.2024
An average of 178,475 daily transactions have been made on Bitcoin in its 5,603 day existence
Sui Surpasses Solana in Daily Transactions Amidst Spam Token Frenzy
5.5.2024
Sui, a scalability-focused blockchain, has surpassed Solana, a top 10 cryptocurrency network, in activity levels, registering 41 million transactions on April 3. The activity overheating on Sui is caused by ‘spam’, a Sui native token designed to stress test the network’s...
The Halving Effect: Bitcoin Hashrate Decreases as Miners Prepare for Probable Difficulty Drop
5.5.2024
Just over two weeks have passed since the fourth Bitcoin halving took place. During this period, the network’s hashprice dropped from over $100 per petahash to below $45 at the beginning of May. It has since increased to $50 per petahash. Despite the modest rebound, the network’s...