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Upbit Halts Transactions Over 1 Million KRW Following Changes to VASP – Here’s the Latest
17.4.2024
Upbit has announced the suspension of processing deposits and withdrawals exceeding 1 million Korean won due to the recent suspension of Ten&Ten's Travel Rule Solution service.
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BlockDAG Sets New Standards: Outshining Solana Blockchain and Aptos with $17.8M Presale and Moonshot Keynote Teaser
17.4.2024
In Q1 2024, the Solana blockchain led the pack with an impressive 2.4 Billion transactions. Despite its success, Solana faced issues with transaction failures that stirred negative market reactions. Meanwhile, the Aptos (APT) price struggled, dropping over 16%. Amid these fluctuations, BlockDAG...
OKX and Polygon Collaborate to Launch X Layer Public Mainnet
16.4.2024
OKX, in partnership with Polygon, has launched the X Layer public mainnet, a new ZK Layer-2 solution designed to enhance Ethereum-based transactions for OKX’s 50 million users.
The post OKX and Polygon Collaborate to Launch X Layer Public Mainnet appeared first on Cryptonews
UAE Records $25B in Crypto Transactions, Promotes Further Investment With Regulatory Flexibility
16.4.2024
The United Arab Emirates (UAE) recorded $25b in crypto transactions in 2022. Now, it is adopting accommodative regulatory policies to pursue further investment, according to a report published Monday.
The post UAE Records $25B in Crypto Transactions, Promotes Further Investment With Regulatory...
Coinbase Challenges SEC’s Definition of ‘Investment Contracts’ in Crypto Transactions
15.4.2024
In a recent legal challenge, Coinbase has filed a brief with the Southern District of New York, seeking permission for an interlocutory appeal against the U.S. Securities and Exchange Commission’s expansive interpretation of what constitutes an “investment contract” in digital...
Study Finds 70% to 80% of Secondary Market Transactions Involve Crypto and Stablecoins
13.4.2024
Around 70% to 80% of transactions in the crypto secondary market transactions occur between crypto assets and stablecoins. The South Korean government’s welcoming stance, coupled with the high popularity of crypto assets in the country, are among the reasons why the won is now the second most-used...
Chainlink Launches ‘Transporter’ App for Moving Crypto Cross-Chain
11.4.2024
Chainlink, a leading provider of data feeds to blockchain-based smart contracts, has released a new application dubbed the transporter for submitting and monitoring cross-chain transactions.
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Top Altcoins to Invest: BlockDAG Shines with $15.3M Presale Success & 30,000x ROI Potential Outshining Solana & Litecoin
9.4.2024
Solana grapples with the challenges of failed transactions as user activity spikes, whereas Litecoin displays resilience in a bearish crypto market. On the other hand, BlockDAG (BDAG) continues to rise in the presale arena as it redefines efficiency and profitability in the DeFi sector. With...
Solana Developers Target April 15 for Fixing Implementation Bug Causing Transaction Failures
9.4.2024
Solana experienced a significant disruption, with over 75% of non-vote transactions failing, attributed to an “implementation bug” in its use of the QUIC protocol, not a fundamental design flaw.
The post Solana Developers Target April 15 for Fixing Implementation Bug Causing Transaction Failures...
US Treasury Deputy Secretary Urges Congress for Tools to Tackle Crypto-Related Illicit Finance
9.4.2024
US Treasury Deputy Secretary Wally Adeyemo has urged Congress to provide regulatory tools to combat illicit finance related to cryptocurrencies.
The post US Treasury Deputy Secretary Urges Congress for Tools to Tackle Crypto-Related Illicit Finance appeared first on Cryptonews
Base outpaces Arbitrum and Ethereum, leading with 48M transactions
8.4.2024
According to recent data, Base, Coinbase’s Layer-2 scaling solution, surpassed Ethereum [ETH] and Arbitrum [ARB] in terms of daily transaction volume. Based on L2Beat data, a tight competition for supremacy developed among the L2s. Base led the field with a noteworthy 47.78 million...
Costa Rica Mulls on Legal Use of Bitcoin for Daily Transactions: Report
8.4.2024
Costa Rica's new crypto legislation would “compromise the ability to freely use Bitcoin as money for day-to-day transactions.”
The post Costa Rica Mulls on Legal Use of Bitcoin for Daily Transactions: Report appeared first on Cryptonews
Binance Suspends Bitcoin Ordinals Trading – What’s Going On?
5.4.2024
On April 4, Binance declared that as of April 18, 2024, it will no longer be accepting deposits or transactions of Bitcoin Ordinals. The exchange then gave investors of non-fungible tokens (NFTs) based on Bitcoin the advice to remove their holdings from the NFT marketplace trading platform by...
EU Watchdog Says Reordering Blockchain Transactions Might Be Market Abuse. Industry Says It's Not
5.4.2024
Maximum Extractable Value (MEV), in which crypto miners reorder transactions they validate for profit, is not inherently bad, some policy experts point out
Coinbase Uses Lightspark for Bitcoin Lightning Transactions
4.4.2024
Coinbase Global has announced it will be using Lightspark to bring the Bitcoin Lightning Network to its network for faster and cheaper payment transfers.
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3 Major UK Banks Bet On Blockchain Property Network With $12M Backing
3.4.2024
Lloyds Bank, Nationwide Building Society, NatWest Group, and property portal Rightmove collectively invested £10m (about $12.6m) in Coadjute, a blockchain firm focused on property transactions.
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Russian Crypto Exchange Transactions Worth $52B Last Year – Central Bank
3.4.2024
Russian crypto exchange transactions amounted to almost $52 billion in 2023, the nation’s Central Bank has revealed.
The post Russian Crypto Exchange Transactions Worth $52B Last Year – Central Bank appeared first on Cryptonews
The Future of Cryptocurrency in Daily Payments: Lessons from Lugano
2.4.2024
Cryptocurrencies have sparked a global debate on the future of financial transactions, with a focus on their integration into daily payments.
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Lightspeed transactions, blazing-hot potential: Decoding the Solana enigma
2.4.2024
Solana was created in 2017 as a blockchain platform for scalable, decentralized applications. This project is now managed as an open-source initiative by the Geneva-based Solana Foundation, with Solana Labs in San Francisco building the blockchain. Solana’s design integrates a decentralized clock...
Degen Chain, Layer-3 Blockchain on Base Network, Sees $100 Million Transaction Volume in 24 Hours
1.4.2024
Degen Chain commenced operations just four days ago, has seen over 272,000 unique transactions, and has witnessed the creation of over 7,500 contracts and 2,300 tokens since its launch.
The post Degen Chain, Layer-3 Blockchain on Base Network, Sees $100 Million Transaction Volume in 24 Hours...