Transactions Financial News

06.05 / 08:29

Blockchain Technology Ethereum Adoption defi transactions How to check an Ethereum transaction

A transaction on the Ethereum blockchain is technically initiated by an external account owner (not a contract). For example, if User A sends 1 Ether (ETH) to User B, the action of debiting from one account and crediting to another changes the blockchain’s state.

06.05 / 01:51

BTC transactions Bitcoin Bitcoin Transaction Fees Surge to 2-year Highs – Where Next for the BTC Price?

The mean fee to conduct a transaction on the Bitcoin network just shot to its highest level in nearly two years, as per data presented by crypto on-chain analytics firm Glassnode.

05.05 / 11:23

Dogecoin Ethereum transactions Bitcoin Mempool Transaction Fee Memecoin hype drives Bitcoin transaction fees to multi-year highs

Bitcoin transaction fees surged in early May, reaching their highest point over the past two years, according to data from Crypto Fees.

05.05 / 01:45

regulation transactions Africa Taxes Money Transfers remittances Kenya considers tax on crypto, NFT transfers and online influencers

Kenya's lawmakers are considering the introduction of a 3% tax on cryptocurrency and nonfungible tokens (NFTs) transfers and a 15% tax on monetized online content, according to a newly introduced bill.

02.05 / 21:25

BTC transactions Bitcoin Bitcoin Daily Transactions Surge to Record Highs, But These Alternative Metrics Bode Less Well for BTC Price

The number of transactions taking place on the Bitcoin network hit a record high of 682,099 on Monday, according to data presented by crypto analytics firm Glassnode.

02.05 / 12:25

Hash Rate transactions Bitcoin Community Bitcoin Mempool Moon ATH Bitcoin metrics to the moon: ATH for hash rate, daily transactions and Ordinals

A lot of Bitcoin (BTC) miners just came online. The Bitcoin hash rate, or the total computing power of the Bitcoin blockchain, just soared to 439 exahash per second (EH/s). Moreover, the number of transactions the Bitcoin blockchain processed in one day exceeded 682,000, as over 300,000 Ordinals were inscribed on the Bitcoin blockchain.

28.04 / 06:17

defi regulation transactions Taxes legislation UK treasury UK Treasury seeks input on taxing DeFi staking and lending

The tax treatment of lending and borrowing on decentralized finance (DeFi) protocols could soon be changed in the United Kingdom as the taxation arm of the Treasury is seeking input on a possible new regime.

24.04 / 20:21

BTC transactions Bitcoin network Bitcoin Network Daily Bitcoin Network Transaction Spike to Near Record Highs – What This Means for the BTC Price?

The Bitcoin network clocked 432,613 transactions on Sunday the 23rd of April, according to data presented by crypto analytics firm Glassnode.

24.04 / 16:27

Blockchain Adoption transactions Financial Blockchain for a better society: How to reach beyond financial inclusivity

The COVID-19 pandemic has erased more than four years of progress in the United Nation’s Sustainable Development Goals (SDGs). While philanthropy is seen as a key contributor to getting the international development agenda back on track, it is plagued by a lack of transparency — a drawback that can be solved by technology.

20.04 / 20:21

Blockchain Technology solana transactions Decentralization Tech Tech Analysis Blockchains like Solana brag about TPS — but it's misleading

The throughput of blockchains — namely, their ability to process X number of transactions per second (TPS) — is often touted in such a way as to downplay other considerations, such as decentralization and security. The blockchain trilemma, of course, acknowledges that succeeding in all three areas is challenging, though not impossible.

20.04 / 06:15

Ethereum NFT defi Trading transactions data Subway-themed trading bot makes millions using ‘sandwich’ attacks

An anonymous Maximal Extractable Value (MEV) bot operator has cashed in well over $1 million this week by executing “sandwich attacks” against buyers and sellers of two new meme coins.

18.04 / 04:37

business Adoption Payments transactions Lightning Network lightning Bitcoin bitcoin lightning MicroStrategy’s Saylor fuses work email address with Bitcoin Lightning

The Bitcoin (BTC) Lightning Network has integrated into the corporate email address of Michael Saylor, a Bitcoin bull and co-founder of business intelligence software firm MicroStrategy.

07.04 / 13:49

Blockchain Ethereum Hackers Cybersecurity security transactions Euler Finance attack: How it happened, and what can be learned

The March 13 flash loan attack against Euler Finance resulted in over $195 million in losses. It caused a contagion to spread through multiple decentralized finance (DeFi) protocols, and at least 11 protocols other than Euler suffered losses due to the attack.

29.03 / 11:23

Blockchain Technology Adoption security transactions Multichain Beyond bridges: A look at the next generation of multichain communication

Achieving seamless interaction between different Layer-1 networks is critical to realizing the full potential of blockchain solutions and accelerating global adoption. However, the decentralized nature of blockchain creates complex hurdles, making it difficult to overcome silos.

23.03 / 01:55

business Blockchain Technology Stablecoin transactions swift Usd Coin Withdrawals Xapo Bank to enable USDC deposits and withdrawals

Bitcoin custodian and licensed private bank Xapo Bank has partnered with financial technology company Circle to integrate USD Coin (USDC) payment rails as an alternative to SWIFT. Payment rails refer to the infrastructure and technology used to facilitate the movement of funds between parties in a financial transaction. Payment rails come in many forms, including traditional bank wires, credit card networks, and blockchain-based platforms.

21.03 / 14:09

regulation transactions Banks Bitcoin SVB contagion: Australia reportedly asks banks to report on crypto

Australia’s prudential regulator has reportedly asked local banks to report on cryptocurrency transactions amid the ongoing contagion of Silicon Valley Bank’s (SVB) collapse.

18.03 / 12:25

Ethereum defi Hackers hacks transactions investigation Euler Finance hacker starts returning stolen Ether

The recent attack that drained $197 million from Euler Finance was dubbed the biggest decentralized finance (DeFi) hack of 2023 so far. However, this may not hold for much longer as the hacker reportedly had a change of heart.

06.03 / 19:35

business CBDC transactions Central Bank BIS retail CBDC BIS wraps exploration project on retail CBDC payment system

The Bank for International Settlements, or BIS, has reported it has concluded a project exploring international retail and remittance payments use cases for central bank digital currencies, or CBDCs, with the central banks of Israel, Norway and Sweden.

02.03 / 17:27

business fees transactions Lightning Network Bitcoin network Xapo Bank enables faster Bitcoin payments with Lightning Network

Xapo Bank, an international private bank headquartered in Gibraltar, integrates the Lightning Network to improve its Bitcoin (BTC) capabilities.

28.02 / 07:49

business Blockchain Altcoin solana security transactions network Solana CEO hoses down claims network outages caused by on-chain voting

Anatoly Yakovenko, the founder and CEO of Solana Labs has downplayed claims that Solana's network outages were being caused by a high volume of validator messages and its on-chain voting system clogging its consensus layer.

20.02 / 08:51

Blockchain Mining regulation us government transactions Smart Contracts Senate 'Unworkable' bill to ban blockchain immutability is introduced in Illinois

A recently introduced Illinois Senate Bill has been ridiculed by the crypto community over its "unworkable" plans to force blockchain miners and validators to do "impossible things" — such as reversing transactions if ordered to do so by a state court.

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