A new study shows that payments via central bank digital currencies (CBDCs) are expected to reach $213 billion annually by 2030. Furthermore, 92% of the total value transacted via CBDCs will be paid d...
Tag: Transactions
Europe Mulls ‘Europeum’ Blockchain, a Regulatory-Compliant Network for Crypto Transactions ⋆ ZyCrypto
Advertisement     The platform aims to use blockchain technology for public services and supply chain management. It is complementary to MiCA – a legislation in the EU...
Binance Shuts Down Sterling Transactions Following Split with the UK Banking Partner
In recent months, cryptocurrency investors and enthusiasts have been rocked by a series of sudden collapses of banks that were once seen as friendly to the crypto industry. These banks, which had prev...
Binance Suspends GBP Transactions in UK
Binance has announced the suspension of its on- and off-ramp facilities for pounds sterling (GBP) after its payment partner withdrew its services to the exchange. The exchange has been in fiat transac...
Binance to suspend GBP transactions as payments partner moves away
Binance will suspend GBP deposits and withdrawals after its payments partner Paysafe said it would no longer support them. The move will affect new users starting March 13 and all users on May 2...
Something banks cant do, is clear on weekends, as Bitcoin transactions hit record numbers over weekend
Definition The total number of transactions waiting in the mempool in different size (vByte) cohorts. Quick Take The number of transactions in the mempool has surpassed three-year highs Transaction co...
Etsy freezes transactions after Silicon Valley Bank closure, squeezing sellers nationwide
The collapse of start-up backer Silicon Valley Bank this week continues to cause ripples across the tech industry, with Etsy the latest company to voice concerns after announcing a transaction freeze....
Fantom [FTM]: More addresses and transactions, but what about DeFi TVL
Fantom has seen increased ecosystem growth in the last month. FTM’s price, however, continues to plummet. Following the launch of its go-opera version 1.1.2-rc.5 mainnet upgrade on 6 March, blockchain...
Circle says outstanding USDC transactions won’t process until Monday
Circle USDC transactions through Signature Banks Signet network won’t process until Monday, according to a note sent by the company to trading firms. The firm, which founded USDC in 2018 w...
India Brings Crypto Transactions Under Prevention of Money Laundering Act – Regulation Bitcoin News
India’s finance ministry has announced that crypto transactions will be covered under the Prevention of Money Laundering Act, 2002 (PMLA). Noting that the move “is a positive step in recognizing the s...
Binance Bans Russians From P2P Transactions With Dollars and Euros – Exchanges Bitcoin News
Cryptocurrency exchange Binance has introduced new restrictions for Russian users, in accordance with the latest European sanctions. The platform is restricting access to peer-to-peer (P2P) transactio...
President Biden’s Budget Blueprint Will Propose Changing the Tax Treatment of Cryptocurrency Transactions, Raising $24 Billion
The proposed Biden budget plan would close the current harvesting loophole on crypto tax losses, reducing wash sales trading. According to reports, US President Joe Biden’s new budget plan could close...
Levy On Crypto Transactions To Raise $24M In Biden’s Budget
Biden’s budget plans to lower drug prices, raise some business taxes, reduce fraud and cut wasteful spending. It will also propose changing the tax treatment of cryptocurrency transactions. Even thoug...
Bitcoin memory usage full, number of transactions waiting in the mempool exploding to new highs.
Quick Take Bitcoin memory usage has exceeded 300MB, with a capacity of 545 MB We are currently seeing <3.00 sat/vB being purged, while high priority is up to a whopping amount of 32 sat/vB Inscript...
Chainlink Sees Huge Whale Transactions, Signaling Growing Institutional Interest In LINK ⋆ ZyCrypto
Advertisement     In a stunning turn of events, Chainlink (LINK) recently witnessed three massive whale transactions that took place within 11 minutes during Friday’s ...
India subjects crypto transactions to anti-money laundering law
While there’s nothing new in imposing anti-money laundering (AML) standards on crypto, it is only now that the Indian government has decided to notify all interested parties of the obligation to compl...
South Korea saw over $4B in unregistered crypto transactions in 2022
In 2022, the citizens of South Korea transacted $4.3 billion (5.6 trillion Korean won) through ‘illegal’ crypto exchanges, according to local sources. The country’s government has been esp...
Tron surpasses 5b transactions on its network
Tron, the popular blockchain-based platform, has achieved a major milestone by reaching 5 billion transactions on its network. The announcement was made by Tron’s official Twitter handle, which stated...
Tron [TRX]: Growing deflation, increasing transactions, other key highlights
TRX has experienced deflation for 70 consecutive weeks. The total number of transactions on the network went past five billion. TRON [TRX] shared a report on the network’s notable developments that to...
Crypto Exchanges Binance and Kuna Suspend Card Transactions in Ukrainian Hryvnia – Exchanges Bitcoin News
Major cryptocurrency exchanges operating in Ukraine have temporarily suspended operations with hryvnia bank cards. The measure stems from restrictions imposed by the country’s central bank, Binance an...
How Traceable Are Monero Transactions Compared To Bitcoin? Cybersecurity Expert Reveals
Bitcoin has always been known to be anonymous with its transactions, therefore, making it difficult to trace. But how difficult is it to trace a Bitcoin transaction compared to a Monero transaction? C...
The Sandbox Launches Rabbids NFT Avatars, Decentraland Sees One Of The Largest Transactions And TMS Network (TMSN) Could Revitalize Trading
Ask any experienced investor, and he will tell you that buying in early on projects that show great room for growth is the best recipe for making gains down the road. For this reason, the TMS Network ...
Opinion: Marc Benioff’s Salesforce fairy tale is crumbling down around him
Salesforce Inc. has been a unique tech company, able to sell itself as a “family” that has higher ideals than just profit to its employees while generating near-universal praise from Wall Street as we...
ChangeNOW blocks $1.5M in suspicious transactions linked to supposed Algorand hacks
Non-custodial crypto exchange ChangeNOW reported that it stopped suspicious ALGO and Algorand-based USDC transactions totaling about $1.5 million, safeguarding them for further investigation. ChangeNO...
Mastercard Supports Stablecoin Transactions with Its partnership with Immersive
Join Our Telegram channel to stay up to date on breaking news coverage Mastercard has announced a partnership with a web3 technology company Immersive, to offer an all-new crypto-enabled method of pay...
CrowdStrike stock rallies as forecast shows confidence in new approach
CrowdStrike Holdings Inc. shares rose in the extended session Tuesday after the cybersecurity company’s earnings and outlook beat Wall Street, and executives said they are targeting the tough-to-close...