National Australia Bank (NAB) announced March 14 that it had executed the first-ever cross-border stablecoin transfer on a layer 1 public blockchain. The intrabank transfer used the bank’s fully backe...
Tag: Transaction
NatWest introduces transaction limits to protect against crypto-criminals
UK-based NatWest Bank announced new limits to transactions to crypto exchanges in an effort to protect its users from “crypto-criminals,” as Reuters reported. The new rules will limit transactions to ...
Cremation Coin Burns 106M Terra Classic (LUNC) in One Transaction
The latest transaction brings the project’s total cumulative burn to nearly 200 million tokens in four months. Cremation Coin, a recently-launched project aiming to reduce the extensive supplies of cr...
Ethereum Whale Moves 258,837,671,569 Shiba Inu (SHIB) in One Massive Transaction: On-Chain Data
One of the largest Ethereum (ETH) whales in existence is turning heads, shifting over a quarter of a billion Shiba Inu (SHIB) tokens in one massive transaction. Blockchain-tracking service Etherscan s...
Litecoin Overpowers Dogecoin in Transaction Count; Report Says
Litecoin has outdone Dogecoin in terms of its transaction count over the past six months. Over the past 24 hours, the coin has exhibited a transaction count of 124,914 LTC. Bitcoin is the only cryptoc...
485 Million Shiba Inu Burnt By Someone in One Transaction
Shiba Inu Burns Pick Up Again with 485M Recently Incinerated The latest burn builds on the recently-introduced campaign that saw over 2 billion tokens incinerated in 24 hours. Shiba Inu burns have se...
Litecoin (LTC) Outranks Dogecoin by Total Transaction Count, Here’s Reason
Godfrey Benjamin Litecoin outranks Dogecoin as payment token, but price remains down On days like this when the market is down, investors tend to focus on other growth performance that showcases which...
Binance Block More More Russia Transaction Modes; Crypto FUD?
Binance Russia News: Top crypto exchange Binance has now closed more gaps for Russia based users to exchange other fiat currency amid restrictions on it amid the Ukraine war. The latest changes were a...
Coinbase’s layer-2 network to face transaction monitoring
Coinbase CEO, Brian Armstrong, has revealed that the company’s new layer-2 network, Base, is likely to incorporate transaction monitoring and anti-money laundering measures. In an interview with Bloom...
Shiba Inu Whale Moves 200,899,251,805 SHIB in a Single Transaction as Bitcoin and Crypto Markets Search for Support
One of the largest Shiba Inu (SHIB) whales in existence just surfaced as Bitcoin and the crypto markets at large coil up for their next big move. The whale tracking platform WhaleStats was first to id...
Huge Whale Transaction Leads to 27+% Price Increase for MASK
MASK is currently worth about $4.17 after a 27.57% increase in its price. A whale withdrew 3.6 million MASK, worth about $14.8 million, from Binance, OKX, Kucoin, and Huobi. Historical data that indic...
30M Shiba Inu Burnt in a Day With 22M in One Transaction
Over 30.44 Million Shiba Inu (SHIB) have been removed from circulation forever in the past 24 hours, 22 Million in a single transaction. Over the past 24 hours, the Shiba Inu Community-led burn initia...
Ripple CTO Backs Transaction Fee Increase: Could This Be The Solution To XRP’s Woes?
Ripple’s lawsuit with the Securities and Exchange Commission has hurt XRP by creating investor anxiety. If the SEC wins and XRP is declared a security, Ripple might be fined and restricted from sellin...
Coinbase’s Base will likely feature transaction monitoring, AML measures
Ad Coinbase CEO Brian Armstrong said on March 6 that his company’s layer-2 network, Base, will likely feature transaction monitoring and anti-money laundering measures. Base will feature compliance me...
Binance, Kuna Confirm Ukrainian Bank Cards Transaction Suspension In Hryvnia
The Central Bank of Ukraine banned crypto transactions via bank cards to prevent its national currency, the hryvnia, from being used on crypto exchanges. Similarly, Binance and the country’s leading e...
XRPL community remains divided on the proposal to raise transaction fees
The Ripple XRP community is engaged in a heated debate over a proposal to raise transaction fees on the XRP Ledger. Ripple CTO stated he did not want the network to lose its competitive advantage as a...
BabyDoge Burns 1 Quadrillion Tokens in One Transaction
The burned assets are worth an estimated $2.6 million. The BabyDoge team just burned up to 1 quadrillion tokens worth $2.6 million as part of its monthly campaign to support the burn initiative. The t...
Someone Burns 64M Shiba Inu in One Transaction, 85M in 24 Hours
Over 85 Million Shiba Inu (SHIB) burned in the past 24 hours, 63.86 Million in a single transaction. Shiba Inu Community collectively removed a staggering 85,010,210 (85.01M) from circulation forever ...
USDT transaction volume drops to monthly low, but what’s the Chinese connection
USDT volume slows down as the intensity of the bear market shows signs of a decline. Strong USDT value is more desirable in China as the stronger dollar pushes past important historical CNY levels. Th...
Dogecoin (DOGE) Grew Its Whale Transaction Count WTD, Key Trends to Watch out For
Dogecoin (DOGE) might be a relatively underperforming altcoin in terms of current price action, but deep insights into its on-chain activities reveal some major adoption records. Data from IntoTheBloc...
Solana Blockchain Experiences Technical Glitch Causing Transaction Slowdowns – Altcoins Bitcoin News
The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking event,” causing transaction failures for some users. Solana’s incident ...
Hedera celebrates transaction milestone- Is it enough to rejuvenate demand?
Hedera’s weekly transactions soar to 321.8 million. The Hedera network averaged 532.31 TPS. The Hedera network has achieved significant recognition so far in 2023. This has translated to healthy growt...
Arbitrum’s Daily Transaction Count Surpasses Ethereum for the First Time Ever – Bitcoin News
According to statistics recorded this week on Tuesday and Wednesday, the layer two scaling project Arbitrum’s transaction count has surpassed Ethereum’s. On Wednesday, Arbitrum processed 1,090,510 tra...
Digital Currency Transaction Success Rate Depends On User Location, Suggests Report
Join Our Telegram channel to stay up to date on breaking news coverage What – A recent report states that the success rate of cryptocurrency transactions depends heavily on the user’s location. Why – ...
Coinbase Updated Q4 Revenue, Transaction Volume Continues to Drop
5 hours ago | 2 mins read Editors News Coinbase reported a $557 million net loss. In the fourth quarter, the company reported 8.3 million monthly transactional users. Cryptocurrency exchange Coinbase ...
Coinbase saw 66% decline in transaction revenue in 2022 but remained “resilient”
Ad Coinbase published its end-of-year shareholder letter today, Feb. 21, in which it described its financial standing for the previous quarter and for the entirety of 2022. Coinbase publishes revenue,...
Massive $190,200,000 Whale Transaction Signals Big Price Action Ahead for Ethereum-Based Altcoin: Santiment
Crypto analytics firm Santiment says that a huge whale transaction of Decentraland (MANA) could signal a big price swing for the Ethereum-based metaverse project. Santiment says a whale suddenly moved...
MANA: Whale makes waves with $189M transaction, here’s what to expect
MANA saw its largest transactions during the trading session on 20 February. Readings on the price chart suggest that MANA’s price might see a further decline. In a significant development for leading...
Bankrupt Voyager records a $7.6m crypto transaction
PeckShield, a blockchain security company, revealed that the bankrupt cryptocurrency broker Voyager has shifted $7.6 million worth of cryptocurrency assets in the last twenty-four hours. Additionally,...
The Decentraland Network Experienced Its Largest Transaction Ever
MANA is currently trading hands at $0.7399 after a 1.94% increase in price. Decentraland experienced one of its largest transactions of all time on its network. These massive transactions often foresh...
Bitcoin transaction count momentum reaches highest level in over 2 years
As Bitcoin (BTC) attempts to put behind the effects of last year’s bear market, the maiden crypto is recording a positive shift in its onchain activities. In particular, as of February 21, Bitcoin’s ...