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Escalating Bank Runs Spur Chinese Government to Require Approval for Large Cash Transactions
7.7.2020
A series of bank runs has prompted the Chinese government to begin requiring approval for large cash deposits and withdrawals at commercial banks, starting with banks in a northern province. Recently, two bank runs happened within a week as people lost faith in financial institutions amid...
Developer Reveals Layer-Two Private Messaging and Payment System on Bitcoin Cash
7.7.2020
On July 4, 2020, the Bitcoin Cash proponent Cain published an interview with the blockchain developer, Shammah Chancellor, about a new project called Stamp Chat. At its basic level, “Stamp is a prototype of a layer-2 private messaging and payment system on Bitcoin Cash. It implements stealth...
4th Amendment Does Not Protect Bitcoin Data, US Fifth Circuit Court Rules
5.7.2020
A Fifth Circuit panel of judges recently ruled that Fourth Amendment rights do not apply to cryptocurrency transaction data that stems from an exchange. The U.S. court ruled against the defendant, Richard Gratkowski, who attempted to leverage the Fourth Amendment in an appeal. According to...
The IRS Investigation Division Is Requesting Information About Privacy-Centric Cryptocurrencies
4.7.2020
The United States tax agency has published a request for information pertaining to privacy-centric cryptocurrencies and technologies that obfuscate crypto transactions. The IRS-CI Cyber Crimes Unit request is also asking for information in relation to “layer two offchain protocol networks...
IRS Wants to Track ‘Nefarious’ Privacy Coin and Lightning Transactions
3.7.2020
The IRS is looking to expand its investigative capabilities around privacy coins, layer-two solutions, and sidechains
After Years of Resistance, BitPay Adopts SegWit for Cheaper Bitcoin Transactions
2.7.2020
Payments processor BitPay has added support for SegWit, three years after a competing block size proposal fractured the Bitcoin community
Zimbabwe Halts Mobile Transactions as Hyperinflation Spurs Currency Flight
30.6.2020
Zimbabwe's central bank, seeking to block attempts to avoid the country’s hyperinflation, halted all transactions conducted by "mobile money agents" this week
An Israeli Blockchain Startup Claims They’ve Invented an ‘Undo’ Button for Bitcoin Transactions
30.6.2020
A two-year-old Israeli blockchain startup says it has found a way to cancel crypto transactions if they are sent to the wrong wallet address
Israeli Firm Develops Tech Allowing Crypto Users to Retrieve Funds Sent in Error
30.6.2020
Israeli blockchain startup Kirobo says it solved the problem of funds being lost through errors in irreversible crypto transactions
Visualize Crypto Transaction Privacy Scores With Blockchair’s ‘Privacy-o-Meter’
29.6.2020
On June 24, the block explorer and blockchain data platform, Blockchair, announced the launch of a new privacy tool called the “Privacy-o-meter.” According to Blockchair, the new service combats blockchain surveillance companies by highlighting privacy issues for crypto transactions....
‘Sophisticated’ Hacker Plunders $450,000 From Defi Protocol Balancer
29.6.2020
Decentralized finance (Defi) protocol ​Balancer was on Sunday hacked for more than $450,000 worth of cryptocurrency. In two separate transactions, an attacker targeted two pools containing Ethereum-based tokens with transfer fees – or so-called deflationary tokens. Pools with Sta...
South Korea Looks to Track Crypto Transactions in Light of Recent Scandal
27.6.2020
A South Korean government agency aims to trace crypto transactions conducted on the dark web by developing an AI-based software
LocalBitcoins Says Its Transactions From Darknet Markets Dropped 70%
26.6.2020
LocalBitcoins claims that darknet-related transactions on the platforum dropped 70% after it adopted AML and KYC regulations in September 2019
ETH Transactions Near Record High as Miners Spam the Network
25.6.2020
The number of daily transactions on Ethereum passed one million recently, as mining pools spam the network
6 Privacy-Enhancing Tools That Place Bitcoin Cash Transactions Ahead of the Pack
24.6.2020
On June 24, a Reddit post had a few Bitcoin Cash proponents discussing a number of privacy enhancements BCH supporters can leverage every time they transact. The Bitcoin Cash enthusiast, Mr. Zwet’s r/btc post explained how BCH supporters can use tools like Cashfusion, Cashshuffle, Schnorr...
Buy Stablecoins With Your Credit Card in Lumi Wallet
24.6.2020
Lumi Wallet announced that from June 2020, Tether USDT, Binance USD, Paxos Standard Token, Celsius and Dai are available to purchase in Lumi Wallet with a credit card. The highest grossing stablecoins on the crypto market are fully integrated for exchange and purchase in-wallet. Transactions under...
Contactless NFC Hardware Wallet Authorizes Crypto Transactions With a Tap
24.6.2020
A new cryptocurrency hardware wallet stores private keys securely and fully isolated, while NFC technology enables authorization of transactions through a mobile device
PayPal Rumors Push Bitcoin Higher as On-Chain Transactions Surge
23.6.2020
Possibly sparked by the rumor that the online money transfer company PayPal might get involved with cryptocurrencies, the bitcoin (BTC) price jumped more than 4% yesterday, before falling back slightly Tuesday morning.
The unconfirmed news that PayPal might enable direct buying and selling...
Bitcoin Whale Transfers $2.2 Billion Worth of BTC for Just $7
19.6.2020
Whale alert reports that a so-called whale has transferred the equivalent of $2.24 billion in bitcoin for less than $7. In a series of tweets on Friday, the crypto tracking tool said the bitcoin (BTC) whale sent a total of 241,500 BTC in seven successive transactions within one hour. Each...
F2Pool Returns $500K of Abnormal ETH Transaction Fee to Sender
18.6.2020
F2Pool returns about $500,000 in abnormal ETH transaction fee to its sender after encountering the issue on June 11