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Binance Australia Stops AUD Bank Transfers as Search for Payment Partner Drags On
2.6.2023
Customers can still buy and sell crypto using credit and debit cards after the halt, which was announced last month
Litecoin’s Daily Transaction Count Remains Elevated as LTC Ordinals Approach 4 Million
30.5.2023
Over the past week, Litecoin has experienced a sustained increase in daily confirmed transactions. Following a record-breaking peak of 585,415 daily confirmed transactions on May 10, the blockchain has consistently handled a range of 172,000 to 532,000 transactions per day. Litecoin’s Daily...
Burning Metrics: Ethereum Burns 3.33 Million Ether Valued at $6.1 Billion in 21 Months
28.5.2023
In the past 21 months following Ethereum’s London hard fork, the network has witnessed the destruction of over 3.33 million ether, valued at $6.1 billion. At present, roughly 3.51 ether is burned every single minute. Standing out as a prominent participant in the burn process since August...
Bitcoin Transaction Backlog Shrinks, but Over 289,000 Still Await Confirmation
20.5.2023
Although Bitcoin’s network transaction fees have decreased and a portion of the unconfirmed transfer backlog has diminished, the protocol still grapples with over 289,000 transactions awaiting confirmation. As of this writing, more than 218 blocks must be processed to fully alleviate this...
Binance Australia Halts Australian Dollar Bank Transfers
18.5.2023
Exchange blames third-party payment providers, and says that credit as well as debit cards can still be used
Updated European tax directive requires reporting on all crypto asset transfers
16.5.2023
DAC8 extends tax reporting procedures to crypto transfers in line with the OECD crypto reporting framework and EU AML rules
Despite Transfers Lingering in the Mempool, Bitcoin’s Daily Transaction Rate Taps All-Time High
16.5.2023
Bitcoin is on a roll in 2023, breaking records left and right. For instance, on May 2, at block height 787,895, the cryptocurrency’s hashrate soared to 491 exahash per second (EH/s). Moreover, on April 20, at block height 786,240, the difficulty hit a new high of 48.71 trillion....
South Korea Probes Crypto Exchanges Upbit, Bithumb on Ex-Lawmaker's Transfers
15.5.2023
Lawmaker Kim Nam-kuk resigned from the opposition party after his crypto transfers incited controversy
Bankrupt Crypto Lender Celsius Transfers $75M of Ether to Staking Service Figment
15.5.2023
The maneuver represents one of the largest transfers of funds for Celsius Network since it filed for bankruptcy protection in July
Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid Congestion
14.5.2023
In the past week, the Bitcoin network has made progress in resolving its congestion issues. On May 7, 2023, the number of unconfirmed transactions reached an all-time high of over 500,000 transfers, causing a major backlog. However, as of today, that number has been reduced to 263,406. Currently...
Paypal’s Latest Report: $1 Billion in Crypto Assets, Holdings Are Predominantly BTC and ETH
10.5.2023
Payments behemoth Paypal has disclosed in a Form 10-Q financial report filed with the U.S. Securities and Exchange Commission (SEC) that it is holding nearly $1 billion in cryptocurrency assets. This news comes on the heels of Paypal’s announcement that Venmo now facilitates external...
DeFi Broker Prime Protocol Introduces Bridgeless Cross-Chain Token Transfers
9.5.2023
The protocol aims to eliminate the need for token bridges, wraps and swaps to make moving crypto tokens between blockchains safer
South Korea Authorities Investigate Lawmaker Over Suspicious Crypto Transfers: Report
8.5.2023
Democratic Party lawmaker Kim Nam-kuk had reportedly co-sponsored a bill seeking to defer taxation on crypto profits
Kenya considers tax on crypto, NFT transfers and online influencers
5.5.2023
A bill introduced in Kenya could see a tax added to cryptocurrency and NFT transfers and has been met with a mixed reaction online
3% Tax on Crypto Transfers Part of Kenya's Proposed Budget: Bloomberg
5.5.2023
Kenya's Finance Ministry, the National Treasury, has proposed a 3% tax on the transfer of digital assets for the coming budget year
Paypal Upgrades Crypto Services to 60 Million Venmo Users, Allowing Transfers to External Wallets and Exchanges
30.4.2023
After the American financial technology giant Paypal rolled out crypto payments last year, the company is now introducing cryptocurrency transfer services to Venmo users. The firm detailed that Venmo customers will be able to send funds to an existing Paypal account, an external wallet, or a crypto...
Venmo will enable fiat-to-crypto payments in May
28.4.2023
Users of the mobile payment service will also be able to receive crypto through a QR code or external crypto address
Mastercard Launches Crypto Credential Service for Cross-Border Transfers
28.4.2023
The set of verification standards uses technology from the CipherTrace, the well-known blockchain analytics platform Mastercard agreed to acquired in late 2021
PayPal to Enable On-Chain Transfers From Venmo Accounts, Including to On-Chain Wallets
28.4.2023
The feature will become available in May, PayPal's Jose Fernandez da Ponte said on a panel at Consensus
Today in Crypto: Hackers Using Victims’ AT&T Email Addresses to Steal Crypto, Revolut Partners with Koinly, Kraken Fights IRS, Circle Launches Mainnet Protocol for USDC Transfers Between Ethereum & Avalanche
27.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Hackers Using Victims’ AT&T Email Addresses to Steal Crypto, Revolut Partners with Koinly, Kraken Fights...