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Close to $50 Million in Bitcoin From 2011 Moved for the First Time in 10.5 Years

30.12.2021
On December 29, two addresses from 2011 containing 500 bitcoin each transferred 1,000 coins for the first time in 10.5 years. Furthermore, another wallet from 2011 woke up on Wednesday, moving 40 bitcoin for the first time in over a decade. 1,040 Bitcoin from 2011 Move for the First Time in 10.5...

Creator of App for Remittances to Africa and Asia Raises $65 Million in Series B Round

26.12.2021
Tap Send, the creator of a remittances app of the same name, revealed it has raised $65 million in a Series B funding round. The fintech firm plans to use the funds to build a cheaper and faster cross-border money transfer platform. Remittances to Overlooked Countries The fintech startup behind...

Ethereum Gas Fees Are Currently 62% Cheaper Than Last Month

26.12.2021
Since November 9, 2021, or 46 days ago, transaction fees on the Ethereum network have been cut by more than half the rate they were on that day. At the time, the average fee to move ethereum was $62.84 per transfer and since then, the fees have dropped 62.85% to $23.34 per transaction. From...

Bank of Russia Sees No Place for Crypto in Financial Market, Finalizes Digital Ruble Prototype

22.12.2021
In advance of presenting its comprehensive view on crypto regulations, the Central Bank of Russia has indicated that it sees no place for cryptocurrencies in the country’s financial market. The monetary authority also announced that the prototype of the platform for its own digital currency...

Ethereum Co-Founder Vitalik Buterin Publishes ‘Plausible Roadmap’ Addressing Scalability

11.12.2021
In recent times the Ethereum network has received a lot of criticism about the protocol’s data transfer fees and scalability. In a blog post called “Endgame,” published on December 6, the co-founder of Ethereum, Vitalik Buterin discussed plans to improve scaling, the upcoming...

Central Banks of France, Switzerland and BIS Complete Cross-Border CBDC Trial

9.12.2021
Bank of France, the Swiss National Bank (SNB), and the Bank for International Settlements have successfully tested the application of wholesale central bank digital currency in cross-border payments. The project used distributed ledger technology and was realized with help from private firms....

Japan to Propose Restricting Stablecoin Issuers to Banks and Wire Transfer Companies

7.12.2021
Japan’s top financial regulator, the Financial Services Agency (FSA), is reportedly planning to propose legislation to restrict stablecoin issuance to banks and wire transfer companies. Crypto service providers involved in stablecoin transactions, including wallets, will also be brought...

Bitmart hacked for $200M following Ethereum, Binance Smart Chain exploit

5.12.2021
The hackers made away with a mix of over 20 tokens that includes altcoins such as BNB, Safemoon, BSC-USD and BPay

Privacy-Centric Crypto Mixing Protocol Tornado.cash Plans to Deploy on L2 Platform Arbitrum

29.11.2021
One of the largest cryptocurrency mixing protocols, Tornado.cash, has announced the project will deploy on the L2 (layer 2) Ethereum platform Arbitrum One. The creators of the Ethereum-based mixing application explain that settling on Arbitrum will allow Tornado.cash users to benefit from cheaper...

Ethereum Devs Assess Reducing Data Transfer Cost 5x, EIP-4488 Becomes Possible Solution

28.11.2021
The second leading crypto asset ethereum has been dealing with high fees since the end of June and today the average ethereum transaction fee is between $5 and $34 per transfer. While there’s been a lot of complaints about ether gas costs this year, Ethereum founder Vitalik Buterin...

MetaWars Launchpad Revolutionizing the GameFi Industry as the ‘First’ Cross-Game Metaverse Launchpad

25.11.2021
PRESS RELEASE. MetaWars is the first project to unite the world of metaverses – with the first of its kind MetaWars Launchpad portal. For the first time, players will be able to build portals that transfer characters, currencies, and assets between game worlds. This builds on Meta...

13,000 BTC Moved in 20 Months — 2010 Mystery Miner Transfers Another String of 20 Decade-Old Block Rewards

12.11.2021
Two days ago on November 10, a mystery whale transferred 20 block rewards from 2010, which saw the movement of 1,000 decade-old bitcoins worth $68 million at the time of transfer. Two days later on November 12, the miner from 2010 returned once again, in order to transfer another string of 20 block...

While BTC Skyrocketed to $69K, Whale From 2013 Transfers $147 Million Worth of ‘Sleeping Bitcoins’

10.11.2021
Following the string of 20 block rewards spent on Wednesday, an idle bitcoin wallet that was created on July 10, 2013, transferred 2,207 so-called ‘sleeping bitcoins’ worth over $147 million. Both of these massive transactions took place on the same day bitcoin reached an all-time...

FortKnoxster Launches Its Crypto Suite With Built-in Security and Beyond

3.11.2021
PRESS RELEASE. Cybersecurity company FortKnoxster launches its one-stop crypto app, Crypto Suite™, with a range of features aimed at the crypto-and-security lovers. Among the features, which all are protected by strong end-to-end encryption, are: Fiat to crypto and reverse Crypto to crypto...

Spending a String of 20,000 BTC — 2 Bitcoin Whale Transactions Move Over $1.2 Billion

2.11.2021
On November 1, at block height 707,639, a blockchain parser caught two bitcoin whale transfers that moved approximately 19,876 bitcoin worth $1.2 billion in the mix of 2,819 transactions. Interestingly, the owner used a similar splitting mechanism the old school mining whale blockchain parsers...

Up to 12 Million Iranians Own Cryptocurrency, Traders Choose Local Exchanges

1.11.2021
Cryptocurrencies are a popular investment among Iranians and estimates suggest that the number of those who already own one coin or another may be as high as 12 million. The majority of Iranian traders prefer the services of local crypto exchanges, the chief executive of one of them claims....

While Ethereum Prices Skyrocket, Ether Gas Fees Surge Fueling Costly Transfers

30.10.2021
On October 29, 2021, the second-largest crypto asset in terms of market valuation, ethereum, reached an all-time price high at $4,467 per unit. Meanwhile, after the Ethereum network’s Altair upgrade went live, ether gas fees have skyrocketed significantly. As Ethereum Tests New Price Highs...