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China’s Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets
7.11.2021
China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according to an official with the Chinese central bank, the People’s Bank of China (PBOC). In addition, the government digital wallet has been downloaded by about...
Layer-2 and multi-chain DeFi platforms see record inflows as Ethereum fees soar
4.11.2021
Since October, Multi-chain compatible DeFi platforms saw record inflows as investors and developers attempted to avoid the Ethereum network due to soaring gas fees
Russian Government to Track Crypto Transactions With Help From Anti-Drug Organization
4.11.2021
Russian institutions have responded to a call from а public movement for joint efforts to identify cryptocurrency transfers related to drug trade. The anti-drug organization, Stopnarkotik, recently asked the interior ministry and the central bank to investigate alleged connections between...
Total Value Locked in Defi Reaches $250 Billion — Uniswap, Quickswap, Trader Joe Dominate Dex Volumes
4.11.2021
During the second week of October, the total value locked (TVL) in decentralized finance (defi) protocols crossed $200 billion, and two weeks later in November, the TVL in defi surpassed $250 billion gaining 25% in value. Meanwhile, Ethereum commands more than 67% of the $253 billion TVL in defi...
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...
Dogecoin Accounts for 40% of Robinhood’s Crypto Transaction Revenue in Q3
31.10.2021
Trading platform Robinhood has reported that 40% of its cryptocurrency transaction-based revenue was attributable to transactions in the meme cryptocurrency dogecoin in the third quarter. By comparison, dogecoin accounted for 62% of the company’s transaction-based revenue in the second...
Slovenia Launches Public Consultations on Crypto Taxation Law
28.10.2021
Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying the matter, has been submitted for public consultations this week, local media reports revealed. Slovenia to Amend Tax Rules...
Litecoin transactions near an all-time high after gaining ground in consumer finance
28.10.2021
It's become easier to use Litecoin for everyday payments thanks to several recent partnerships
Binance Smart Chain surpasses 1.5 billion lifetime transactions
27.10.2021
The world's third-largest cryptocurrency continues to gain traction across the globe
SWFT Bridge Allows FTM Transactions with Other Cryptos
25.10.2021
The SWFT blockchain called the SWFT AllChain Bridge has now assimilated the Fantom Blockchain into its ecosystem. While transferring stable crypto coins on the Fantom Blockchain, users often find the transaction procedure halted midway because the user has no FTM tokens to pay for the computing...
Treasury official acknowledges most crypto transactions are 'legitimate' but still anticipates additional sanctions
21.10.2021
“The vast majority of digital assets are being used for legitimate purposes, but for those that are primarily in the business of furthering criminal enterprises, we plan to use our tools to go after them,” said Wally Adeyemo
Ghana Central Bank Working to Make CBDC Available to Offline Users
20.10.2021
The Ghanaian central bank is seeking to make its digital currency, the e-cedi, available to offline users, an official with the bank has said. Overcoming the Challenge of Limited Power According to Kwame Oppong, who heads fintech and innovation at the Bank of Ghana (BOG), the e-cedi is also...
FinCEN Links More Than $5 Billion in Bitcoin Transactions to Ransomware
19.10.2021
FinCEN, the U.S. Financial Crimes Enforcement Network, linked more than $5 billion in bitcoin transactions to the most common ransomware variants out there. The organization stated in a report issued last week that the mean average total monthly suspicious amount of ransomware transactions...
Ghana to explore offline transactions for upcoming CBDC
19.10.2021
Offline CBDC functionality will help bring financial services to Ghanans who lack access to bank accounts or an internet connection
How to modify or cancel a pending Ethereum transaction
17.10.2021
A stuck or pending Ethereum transaction can be canceled or modified using two methods: in-application cancellation and setting a custom nonce
CFTC Fines Tether For Lying & Bitfinex For 'Illegal' Transactions + More News
15.10.2021
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: CFTC Fines Tether For Lying & Bitfinex For 'Illegal' Transactions + More News
Report: Driven by DeFi, North America’s crypto volume increased 1,000% year-over-year
14.10.2021
Chainalysis said North America’s DeFi transactions were led by retail investors in the last year, with many transactions under $10,000
Bitcoin network tags record high for daily settlement volume
11.10.2021
More than $30 billion was settled on the Bitcoin blockchain in a single day last week
Meme Crypto Shiba Inu Skyrockets — SHIB Climbs 230% in a Week, Whale Buys 6 Trillion Tokens
8.10.2021
The cryptocurrency shiba inu has managed to capture the 18th position in terms of crypto market valuations. The token has gained 230% during the last seven days and year-to-date, SHIB has gained a whopping 24,177,682%. SHIB’s Value Swells After Whale Buys $43 Million Worth of Tokens...
Dapper Labs Partners With Chainalysis to Curb NFT-Based Money Laundering
8.10.2021
Dapper Labs, one of the most successful companies in the NFT space, has partnered with Chainalysis, a blockchain intelligence company, to increase its compliance profile in the NFT business. The company will use Chainalysis insights to have a better understanding of each one of the transactions...