You have to admit, stablecoins aren’t the most exciting part of the crypto industry, especially when there are NFTs and TVLs to gawk at. However, stablecoins are important indicators for Bitcoin or al...
Tag: Transactions
Slovenia Unveils Plan for Flat Tax on Crypto Transactions
The proposed tax, which is part of the government’s post-COVID recovery plan, would be due when virtual currencies are sold or exchanged, and would be set at an effective rate of just under 5%. ...
Nigeria’s CBN Slams $2m Fines on Four Banks for Crypto Transactions
The Central Bank of Nigeria (CBN) has imposed monetary sanctions of N814.3 million (nearly $2 million) on four commercial banks in the country for permitting cryptocurrency transactions, Bloomberg rep...
Four Nigerian Lenders Penalized for Failing to Block Crypto Transactions – Regulation Bitcoin News
The Nigerian central bank recently fined four financial institutions it accuses of failing to stop clients from using their respective platforms to conduct cryptocurrency transactions. According to on...
BitPay Announces Lightning Network Integration to Leverage Faster & Cheaper Bitcoin Transactions
The Lightning Network as a Bitcoin Layer 2 protocol allows BTC holders to form private payment channels between each other. Leading crypto payment platform BitPay has added support for Bitcoin’s (BTC)...
Nigeria’s Central Bank Imposes $1.9M Penalty on 3 Domestic Banks for Crypto Transactions
Nigeria’s central bank has reportedly fined three domestic lenders for allowing transacting in cryptocurrencies. The action is in line with the apex bank’s 2021 circular, where the Central Bank of Nig...
BitPay integrates Lightning Network to enable low-cost Bitcoin transactions
Major cryptocurrency payment service provider BitPay has added support for the Lightning Network (LN), Bitcoin’s (BTC) Layer-2 scalability solution, granting users access to a faster and cheaper metho...
Dogecoin Whales Increase Transactions by 126% as DOGE Enters Profit-Taking
Tomiwabold Olajide DOGE has steadily climbed since start of April, reaching highs of $0.1799 for first time in two months Per IntoTheBlock data, Dogecoin whales have been on their toes in the previous...
Lightning Fast Global USD Transactions on Way With New Protocol
Lightning Labs has launched a new protocol that allows the issuance and transfer of assets on the Bitcoin blockchain, including stablecoins. Taro, designed by the company’s CTO, Olaoluwa Osuntokun, en...
Boom of transactions for Bitcoin SV- The Cryptonomist
There has been an abnormal amount of transactions on Bitcoin SV in recent days, albeit it has been outpacing all the other blockchains since December Anomalous amount of transactions on Bitcoin SV T...
New Bitcoin Technology Enables Instant, Global USD Transactions
In 2021, bitcoin the asset (BTC) advanced along its monetization cycle to become established as a global store of value. In 2022, the second stage of monetization is coming into focus—BTC is maturing ...
Shiba Inu Reaches New Milestone as Whales Increase Transactions by 75%
In a celebratory tweet, the SHIB Twitter account announces a new milestone for the meme cryptocurrency community as Shibtoken’s official Instagram marks more than 150,000 followers. The team beh...
Want to Unload That Investment Property? What Advisors Recommend.
With valuations high and many boomers gearing up for or entering retirement, many investment property holders could be rethinking their strategy around real estate ownership. It’s a big issue for many...
The evolution of blockchain: Transactions, contracts and applications
Blockchain technology is more than just Bitcoin. Let’s examine the evolution of Nakamoto’s brainchild. The various types of blockchain permissions Blockchain networks run on permission-based consensus...
Indonesia Set To Tax Crypto Transactions And Investments From May ⋆ ZyCrypto
Advertisement     An Indonesian tax official reveals that the country will impose taxes on the crypto market. According to the report, crypto transactions will be subj...
Over 6 Billion Shiba Inu Token burned In 430 Transactions
March has been proven to be the record breaking and landmark month for the Shiba Inu (SHIB). This month saw the revelation of SHIB: The Metaverse to massive SHIB token burn. According to Shibburn, ove...
Russia prepared for 8 years to be cut off from the West. Meet the payment system that’s still processing its credit card transactions
Since the start of the Ukraine War, a barrage of western sanctions has crippled the Russian economy and wreaked havoc on its financial system. The country has been largely cut off from the internation...
OpenSea Links To MoonPay Will Allow Folks To Acquire NFTs Via Bank Transactions
Biggest NFT marketplace will soon enable its clients to acquire virtual art via Google Pay, Apple Pay, Visa and MasterCard. NFT Checkout facility of MoonPay went live on 27th January and was touted as...
Solana Surpasses $1.5 Billion Worth of NFT Transactions
Alex Dovbnya Solana has surpassed $1.5 billion in NFT sales, but it still has a long way to go before catching up with Ethereum Total transaction volume for Solana-based non-fungible tokens has topped...
Indonesia to impose 0.1% income tax for crypto transactions: report
An Indonesian tax official said Friday that the country plans to impose certain tax rates for crypto transactions. Reuters reported that Hestu Yoga Saksama told a media briefing that crypto transacti...
EU Parliament Approves Tough Rules to Ban Anonymous Crypto Transactions
According to Cityam.com media outlets, European Union lawmakers on Thursday voted in favour of new proposals that seek to outlaw anonymous crypto transactions. Two parliamentary committees – the EU Co...
Bitcoin (BTC) And Ethereum (ETH) See Highest Transactions In Profit Since November
Bitcoin (BTC) and Ethereum (ETH) have recorded their highest transactions in profit since their all-time high (ATH) price in November, as per the on-chain data from Santiment. Moreover, the transactio...
Bitcoin and Crypto Market Tank 5% As EU Passes Rules Banning Private Crypto Transactions
After a strong start to the week, Bitcoin and the broader cryptocurrency market are once again facing bearish pressure. The broader cryptocurrency market has corrected 5% losing more than $100 billion...
European Union Outlaws All Anonymous Crypto Transactions Involving Exchanges
The European Union today voted in favor of outlawing all anonymous crypto transactions – including from self-hosted wallets – facilitated through exchanges. This rule will apply to transactions of any...
Cardano: With soaring on-chain transactions, here’s how far ADA can go
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice IntoTheBlock reported that the number of large transactions on the...
EU Parliament Passes Controversial Rules Banning Anonymous Crypto Transactions ⋆ ZyCrypto
Advertisement     The European Union (EU) parliament has today voted in favor of new harsh rules that call for the crackdown of unhosted or non-custodial wallets. This...
EU vote passed to prevent anonymous transactions from private crypto wallets
If passed into legislation, the EU vote will require all exchanges to report crypto transactions above $1000 from “unhosted cryptocurrency wallets”. The requirement will oblige exchanges to collect pe...
Litecoin Sees a 100% Rise in Large Transactions as Accumulation by Whales Continues
Per Santiment data, Litecoin is seeing massive large transactions as whales get busy. The on-chain analytics firm reports that the majority of the top 100 cryptocurrencies continue to see massive whal...
Bitcoin Sees Largest 4-Hour Interval of Whale Transactions Since March 1st As Price Holds Steady ⋆ ZyCrypto
Advertisement     The world’s biggest cryptocurrency by market valuation has achieved its largest 4-hour whale interval since March 1st. This came in the wake of Bitco...
Large transactions on Cardano has grown exponentially this year –
Large Transaction Volume on Cardano has exploded in 2022 This explosion suggests that there is institutional demand for the network The volume has increased by at least 50% Crypto knowledge firm IntoT...