Transactions Financial News

08.08 / 02:21

business Ethereum Stablecoin CBDC PayPal us government transactions PayPal USD NOT Paypal USD: Boon for Ethereum but not decentralization, says community

Paypal’s new Ethereum-based stablecoin, PYUSD has been seen as bittersweet news for the crypto community.

01.08 / 13:19

Government regulation transactions Central Bank Bitcoin businesses Ukraine demands local crypto businesses provide financials

The government of Ukraine has recently approached the local cryptocurrency industry with a new request to provide certain financial information.

27.07 / 20:29

Blockchain Ethereum Adoption defi transactions Scalability layer2 Time Optimism transaction volumes surpass Abitrum’s for the first time in six months

The Optimism network has surpassed Arbitrum in transaction volume for the first time in six months, according to July 27 data from blockchain analytics platform Artemis. Both networks are layer 2s of Ethereum that use optimistic rollup technology, which compresses and batches transactions before submitting them to Ethereum, potentially lowering transaction fees.

21.07 / 12:27

defi Hackers hacks Altcoin transactions Curve Finance Curve omnipool platform Conic Finance hacked for $3.2 million in ETH

Conic Finance, a liquidity pool balancing platform for the decentralized finance (DeFi) protocol Curve, has suffered an exploit on the Ethereum omnipool.

10.07 / 06:35

defi wallet Scams transactions Revoke adds new feature after users complain of fake approvals scam

Approval management platform Revoke has issued a fix aimed at mitigating a new crypto scam, which involves baiting crypto users into revoking “fake approvals” and then stinging them with excessively high transaction fees.

07.07 / 21:19

Law regulation transactions Court Crypto.com US court Crypto.com petitions US court to uphold arbitration decision for mistakenly sent $50K

Cryptocurrency exchange Crypto.com has petitioned a Florida court to confirm a judgment in its favor through arbitration after the platform mistakenly deposited $50,000 into a user’s account.

07.07 / 11:17

business Kucoin privacy transactions KYC Bitcoin NOT Privacy is not the core feature of Bitcoin — KuCoin CEO

AmidKuCoin exchange preparing to adopt mandatory Know Your Customer (KYC) checks, the company’s CEO argued that privacy is not the most important feature of Bitcoin (BTC).

05.07 / 19:15

business crimes transactions Terra Crypto user moves $160M Bitcoin from Luna Foundation Guard wallet: Report

An unknown party has moved more than $160 million worth of Bitcoin from a wallet reportedly tied to Luna Foundation Guard (LFG), the organization connected to Terraform Labs and its co-founder Do Kwon.

04.07 / 12:13

Blockchain Adoption transactions Decentralization CEX This platform improves UX by providing CEX users with ENS names

While cryptocurrencies offer evident benefits like decentralization, borderless transactions at a low cost and unparalleled security, they still have to catch up with traditional payment systems in terms of user experience in order to enjoy the same adoption rate.

30.06 / 18:49

Blockchain Adoption Payments transactions Scalability Bitcoin Future Financial The future economy: Anticipating the central role of crypto payments in financial transactions

With crypto gas prices dropping to lows after numerous recent innovations in scaling and interoperability across different chains, we can more vividly imagine a possible shift toward widespread crypto payments.

30.06 / 18:49

Technology Ethereum Adoption transactions Bitcoin Crypto mass adoption is coming, but how fast?

Cryptocurrencies must reach mass adoption to unlock their maximum potential as a network technology and their value as financial assets.

26.06 / 17:37

Blockchain Ethereum NFT defi Ethereum 2.0 transactions data network Optimism network transactions surged 67% following Bedrock upgrade — Nansen

Transactions on the Optimism network surged 67% following its June 7 “Bedrock” upgrade, according to a June 26 Twitter thread from blockchain analytics firm Nansen. The network had been seeing less than 300,000 transactions per day before the upgrade, but this figure increased to over 550,000 by the middle of June.

21.06 / 16:33

regulation IRS transactions Taxes How To How to track and report crypto transactions for tax purposes

As cryptocurrencies and blockchain assets continue to grow in popularity and mainstream adoption, the United States Internal Revenue Service has taken an increasing interest in their taxation.

12.06 / 07:03

Ethereum Adoption defi privacy transactions Vitalik Buterin: Ethereum ‘fails’ without these 3 important ‘transitions’

Ethereum co-founder Vitalik Buterin believes the success of Ethereum will come down to three major technical “transitions” that need to happen almost simultaneously — layer-2 scaling, wallet security and privacy-preserving features.

06.06 / 17:17

Ethereum fees transactions Bitcoin memecoin gas fees Ethereum gas fees cool down after May memecoin frenzy

The average transaction fee or gas fee on the Ethereum network has cooled substantially in the first week of June after reaching a multi-month high in May, owing to the meme coin frenzy and many MEV Bot activities.

13.05 / 17:21

Blockchain NFT Payments transactions Bitcoin Ordinals and BRC-20 will disappear in a matter of months, JAN3 CEO says

The latest hype around Bitcoin (BTC) Ordinals and BRC-20 tokens is unsustainable and will fade away in a matter of months, according to JAN3 CEO Samson Mow.

12.05 / 00:23

Blockchain Ethereum transactions Validator Big breath as Beacon Chain stops finalizing... and then recovers

An unidentified issue on Ethereum’s Beacon Chain led to a halt in transactions for nearly half an hour on May 11.

11.05 / 13:07

NFT fees transactions Bitcoin Ordinals good or bad for Bitcoin? Supporters and opposers raise voice

Bitcoin Ordinals, a technology that enables adding text, images and code on a satoshi — the smallest unit of Bitcoin (BTC) — continues to inspire debate among the Bitcoin community.

10.05 / 11:27

Blockchain Ethereum Tokens transactions Validator surges Ethereum validators earn a record $46M as staking rewards rate surges

Validators earned a total income of $46 million in the first week of May as a result of the increase in the staking rewards rate, which is a metric for the annualized yield of validators. According to data, validators earned 24,997 Ether (ETH) in the week, representing a 40% increase over the previous week's income of $33 million, when 18,339 ETH were distributed as rewards.

10.05 / 05:33

transactions Bitcoin Mempool Transaction Fee analyst Bitcoin ‘under siege’ by BRC-20 coins as fees soar, claims analyst

Increased fees and a backlog of transactions are besieging the Bitcoin (BTC) network and it’s due to a popular new “token” standard according to a CryptoQuant analyst.

08.05 / 04:45

Blockchain fees transactions Transaction Fee NOT 'Bitcoin is not under attack:' BTC maxis allay fears of a DoS offensive

A sudden spike in Bitcoin (BTC) transaction fees and unconfirmed transactions sparked concern on Crypto Twitter over the weekend of a potential Denial of Service (DoS) "attack" on the network.

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