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Crypto trading volume to exceed $108T in 2024 with Europe in the lead

12.7.2024
Crypto trading volume is projected to surpass $108 trillion in 2024, with Europe leading in global transaction value and Binance as the most dominant exchange around the world

Crypto trading volume to exceed $108T in 2024, with Europe in the lead

12.7.2024
Crypto trading volume is projected to surpass $108 trillion in 2024, with Europe leading in global transaction value and Binance being the most dominant exchange worldwide

Protocol Village: SKALE's 'Pacifica V3' Upgrade to Double Transaction Throughput

11.7.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 18-24

Bitcoin transfer costs fall to 2020 lows

10.7.2024
Bitcoin transaction fees hit a four-year low on July 7, falling to $38.69. Miners remain profitable due to reduced network difficulty and lower computational power needs

Two More Sleeping Bitcoin Addresses Wake From Slumber, Moving 1,045 BTC

7.7.2024
Two days ago, a dormant bitcoin wallet moved over 1,000 bitcoins on July 5, and since then, two more notable awakenings have occurred in the past 48 hours. On Saturday, an address created in December 2013 spent approximately 149.99 BTC for the first time in over a decade. On Sunday, another...

Justin Sun Developing Gasless Transaction Stablecoin Solution for Tron and EVM Chains

7.7.2024
Justin Sun, founder of Tron, a smart contracts-enabled blockchain, has announced that his team is developing a gas-free transaction solution for stablecoins. This means that stablecoin movement fees will be free for the users, with issuers having the opportunity to pay for these. The service...

Sleeping Bitcoin Wallet Transfers 1,000 BTC Worth Over $56M After a Decade

6.7.2024
On Friday, July 5, 2024, at 8 p.m. EDT, as bitcoin’s price hovered around $56,500 per unit, a dormant wallet, created on Nov. 24, 2013, transferred over 1,000 BTC, valued at $56.5 million, at block height 850,855. Long-Inactive Bitcoin Wallet Transfers Over $56M At 8 p.m., or Bitcoin block...

Kucoin to Implement 7.5% VAT on Transaction Fees for Nigerian Users

5.7.2024
Nigeria-based KuCoin users will begin being levied a 7.5% value-added tax (VAT) on transaction fees starting on July 8. Some observers believe that Kucoin’s decision to implement this tax is intended to enhance its chances of securing an operating license. A Lagos-based crypto industry player...

Mt Gox Trustee Transfers $2.7B in Bitcoin, Creating 19th Largest BTC Wallet

5.7.2024
On Thursday, the trustee overseeing the Mt. Gox bitcoins transferred about 47,228.73 BTC to an undisclosed address. The transfer, valued at approximately $2.7 billion, leaves Mt. Gox with around 141,687 BTC worth nearly $8.1 billion. This significant transaction came after several test transfers...

South Korean government to launch crypto transaction monitoring system

4.7.2024
Crypto exchanges subject to a new South Korean law have implemented a system allowing authorities to receive reports on suspicious transactions

KuCoin VAT charge raises concerns among Nigerian crypto community

3.7.2024
The approving authority behind this taxation remains unclear, whether it's the Nigerian government or an agency like the Federal Inland Revenue Service (FIRS)

Coinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024

2.7.2024
Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate following the halving event. Despite this, the industry saw significant efficiency improvements and notable market activity, according to a Coinmetrics report. Bitcoin Mining Faces Pressures...

Aave DAO Launches GHO Stablecoin on Arbitrum Network

2.7.2024
Aave DAO has introduced its multi-collateralized stablecoin, GHO, on the Arbitrum network. This move marks the first step in the DAO’s phased strategy for cross-chain expansion. Aave DAO Begins Cross-Chain Expansion With GHO on Arbitrum According to an announcement, Aave DAO has launched...

Low Bitcoin and Ethereum fees may not necessarily be good news

2.7.2024
Bitcoin and Ethereum users are experiencing exceptionally low fees, but why?

Runes TXs on Bitcoin have tanked over 88% this month

30.6.2024
Bitcoin miners have earned less than 2 Bitcoin combined from Runes transactions over the last six straight days — an enormous drop from its record 884 Bitcoin on April 24

CleanSpark acquires GRIID for $155M stock transaction

27.6.2024
CleanSpark has acquired GRIID in an all-stock transaction. The deal is expected to add more than 400 megawatts to the company’s power grid over two years

Despite Fee Reduction, Bitcoin Network Faces Stubborn Transaction Backlog

27.6.2024
Bitcoin transaction fees have stayed below $7 since Jun. 9, 2024, and have fallen under $3 in the last five days. Even with this decrease in fees, over 200,000 unconfirmed transactions have persisted in the backlog, as the queue has not come close to clearing since October 2023. Bitcoin’s...