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What is metadata in blockchain transactions?
4.11.2023
Metadata in blockchain refers to additional information or data that can be associated with transactions or other elements on a blockchain network
Rosfinmonitoring: Crypto Popularity Soars in Russia, 185K Transactions Registered in 2023
3.11.2023
Director of Rosfinmonitoring Yuri Chikhanchin referred to the rise in popularity that crypto is experiencing in Russia in a recent interview, stating that more than 185,000 cryptocurrency transactions were completed during the first nine months of 2023. Chikhanchin also called for regulation in...
Celestia's TIA Airdrop Hype Wanes as Blockchain Struggles to Gain Users
3.11.2023
Celestia, the modular blockchain that claims it will scale with more users, has struggled to wrangle much of a market share in its first week, with less than 350,000 transactions being registered in four days
Binance to Opt Out of Ruble Payment Deal with Advcash Amid Russian Exit
2.11.2023
Binance is planning to end its partnership with the payment provider Advcash, putting a stop to the ruble-based transactions, according to the Wall Street Journal. This move is in line with the crypto exchange’s ongoing strategy to exit the Russian market. Binance’s collaboration with...
Number of Russian Crypto Transactions ‘Has Tripled in 2023,’ Says Kremlin
2.11.2023
The Kremlin believes the number of crypto transactions conducted in Russia has risen by three times in 2023, with transfer volumes “doubling.” The claims were made by Yuri Chikhanchin, the head of Rosfinmonitoring, in an interview with the Russian media outlet Izvestia. Formally known...
Breaking: Some Multichain transactions are confirmed as queue unwinds
1.11.2023
Prior to November 1, the last transactions has taken place more than 117 days ago, according to Multichain's explorer tool
DeFi Market Soars to $42 Billion, Rises by $6.2 Billion in Just Two Weeks – Is The Bull Market Here Again?
30.10.2023
The digital asset market has recorded several wins this month with Bitcoin (BTC) hitting a 16-month high and surging activities around decentralized finance (DeFI) applications. According to data from DefiLlama, the total value locked (TVL) on DeFi protocols has soared to $42 billion, marking...
USDT Stablecoin Adoption in Brazil Skyrockets to 80% Share of Crypto Transactions
30.10.2023
The adoption of the popular stablecoin Tether (USDT) in Brazil has experienced a remarkable surge in 2023, now constituting a staggering 80% of all crypto transactions within the country. According to data provided by Brazil’s tax agency that was first reported on by Cointelegraph, the total...
Brazil’s USDT Volume Exceeds all Crypto Transactions Combined: Revenue Dept. Report
30.10.2023
The Brazilian tax department report said that the country’s Tether (USDT) trading volume proliferated since 2021. Tether stands out among other stablecoins and has surpassed the volume of Bitcoin (BTC) during the same period. “Among the stablecoins, the cryptocurrency called Tether...
Bitcoin Whales Take Charge as Number of $100K Transactions Surge
30.10.2023
The number of transactions of over $100,000 processed on the Bitcoin blockchain rose to a new year-to-date high last week
Crypto Exchange Wants to See India Lower Tax on Trading
30.10.2023
Indian government should lower a tax on crypto transactions as it’s not fulfilling its stated purpose, a local cryptocurrency exchange said. The company blames the levy, which was introduced last year, for driving Indian crypto trading volumes to overseas platforms. Indian Exchange Expects...
Brazil’s USDT adoption soars in 2023, makes up 80% of all crypto transactions
29.10.2023
USDT has seen a significant surge in adoption in Brazil, accounting for 80% of all cryptocurrency transactions in the country so far in 2023
JPMorgan Settles Transactions for $1 Billion Daily Using JPM Coin
28.10.2023
JPMorgan announced that it is registering transactions for $1 billion daily using its own currency, jpm coin. JPMorgan Global Head of Payments Takis Georgakopoulos added that while these movements are denominated in U.S. dollars mostly, the institution is seeking to expand on that in the future....
Deutsche Bank and Standard Chartered Venture into SWIFT Alternative for CBDCs
27.10.2023
Deutsche Bank and Standard Chartered’s venture arm SC Ventures are exploring a solution that aims to enable seamless communication between blockchain-based transactions, stablecoins, and central bank digital currencies (CBDCs). The two banks are actively testing the concept using...
Kraken to Release User Data to IRS in Compliance with June Court Mandate
27.10.2023
Kraken will provide user data to the IRS after a legal battle over crypto tax reporting. Image by Michael O’Keene, Adobe Stock.Major U.S. cryptocurrency exchange Kraken will provide limited user information to the Internal Revenue Service (IRS) next month following a court order received...
Indian Banks Offer Rewards to Encourage Digital Rupee Adoption
27.10.2023
Indian banks are actively promoting the adoption of the central bank digital currency (CBDC), digital-rupee, by offering a range of incentives to encourage users to conduct transactions with the national digital currency. These incentives include cash-back rewards and reward points, Reuters...
JPMorgan Handles $1B Transactions Daily In Digital Token JPM Coin: Bloomberg
26.10.2023
JPMorgan has plans to widen the coin's usage the bank's head of payments Takis Georgakopoulos said in an interview
JPMorgan Coin handles over $1 billion in daily transactions, executive says
26.10.2023
This represents a massive surge since the last update in June when the company said that $300 million were transacted in the first three years after the launch of JPMorgan Coin
JPMorgan’s JPM Coin Facilitates $1 Billion in Daily Transactions as Banking Giant Targets Cross-Border Settlements
26.10.2023
JPMorgan Chase & Co.’s digital token, JPM Coin, currently handles $1 billion worth of daily transactions, Global Head of Payments, Takis Georgakopoulos revealed. Georgakopoulos revealed in an interview on Bloomberg Television that JPM Coin is currently transacted daily, primarily in...
Nansen: FTX and Alameda Research Wallets Shift $8.6M in Crypto Assets to Binance
25.10.2023
On Wednesday, Nansen, an onchain analytics provider, illuminated a series of intriguing transactions originating from FTX and Alameda Research addresses, now under the stewardship of the FTX creditors. A substantial sum of $8.6 million in cryptocurrency assets found its way to an address associated...