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PortuguêsTech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, has become the first Indian business to use R3’s blockchain-based Marco Polo Network for conducting cross-border transactions. It said the…
Continue ReadingMajor crypto wallet service and blockchain data supplier Blockchain.com has apparently experienced a system glitch, as its Bitcoin (BTC) mempool tracker dropped to zero earlier today. After indicating a significant…
Continue ReadingA new report on the PlusToken Ponzi scheme shows regulated exchanges are being used to dump coins, despite stringent Know Your Customer (KYC) identify verification rules. Investigative company OXT Research…
Continue ReadingGlobal cryptocurrency exchange Binance has listed USDC for deposits on its United States Branch, Binance.US. The new listing took effect on Wednesday, March 4th, at 9:00 PM EST, allowing users…
Continue ReadingCryptocurrency payments in Australia, which have been growing in volume in the past few years, have recently scored another record. Crypto-based merchant trade across the country reached almost $74,000 in…
Continue ReadingSouth Korea’s largest cryptocurrency exchange, Bithumb, has announced it will take another step towards global expansion by strengthening integration with its international arm. On Feb. 26, Bithumb launched a new…
Continue ReadingIn the country’s first legal dispute involving cryptocurrency, the Singapore Court of Appeals has ruled that virtual currency exchange Quoine must pay damages to electronic market maker B2C2. The damages…
Continue ReadingFacebook’s coin project, Libra, continues to draw attention despite setbacks, including a shrinking pool of backers and a growing number of worried regulators. But now with JP Morgan seeing potential…
Continue ReadingRecent data by IntoTheBlock shows a crash to $9,000 could potentially send 1.17 million Bitcoin (BTC) addresses below the profit line. Still A Lot of Bitcoin Traders Trapped Above $10K…
Continue ReadingBitcoin (BTC) is already processing 1% of the world’s GDP and the number is growing by “an order of magnitude” every halving cycle. According to statistician Willy Woo, who analyzed…
Continue ReadingTax regulations implemented even before dedicated legislation has been adopted have hit Brazilian cryptocurrency exchanges. Digital asset brokers failing to comply with the new reporting requirements face fines and the…
Continue ReadingIn a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users. Traditional providers like banks and money transfer companies have been…
Continue ReadingHot on the heels of surpassing the 500 million transaction milestone, Bitcoin (BTC)’s daily confirmed transactions (txs) are soaring too. The latest available data on Blockchain.com, for Feb. 6, indicates…
Continue ReadingThe number of bitcoin on-chain deposits has dropped sharply over the last six months, indicating a strong optimistic or “HODLing,” sentiment in the market. The seven-day average of the number…
Continue ReadingIn what Bitcoin supporters are calling “relentless” and “unstoppable”, the BTC network just broke another record today. Half a Billion Bitcoin Transactions to Date For most people, Bitcoin’s success is…
Continue ReadingLightning Labs, the developer of the high-speed transaction protocol Lightning Network (LN), has secured $10 million in Series A funding round. The news was announced by Lightning Labs CEO and…
Continue ReadingPayments behemoth Visa is reportedly planning to change merchant fees rates for United States-based merchants as part of a major update of its point-of-sale system. The development was revealed in…
Continue ReadingMode, a financial services firm backed by Twitter co-founder Biz Stone, has rolled out its Bitcoin (BTC) banking app on iOS devices. The British company made its app available globally,…
Continue ReadingMajor United States-based cryptocurrency exchange and wallet service Coinbase is allegedly not letting some users withdraw more than $10 per day. On Feb. 2, a Redditor and self-described Coinbase user…
Continue ReadingEnterprise blockchain platform Insolar is launching its own mainnet, debuting its native Insolar Coin (XNS) to replace its formerly used Ethereum-based token INS. After successfully piloting the testnet in 2019,…
Continue ReadingResearchers at the Massachusetts Institute of Technology have created a new cryptocurrency-routing scheme to speed up blockchain-based transactions. In an announcement on Jan. 30, MIT claimed that the new solution…
Continue ReadingPeople in the United States now have another zero-fee option to buy Bitcoin (BTC) with the U.S. dollar. On Jan. 30, Tokyo-based cryptocurrency exchange bitFlyer launched its commission-free campaign for…
Continue ReadingThe municipality of Zermatt, Switzerland — home to the iconic Matterhorn — is now the second location in Switzerland where taxpayers are officially allowed to pay their taxes in Bitcoin…
Continue ReadingTech giant IBM has been awarded a patent for the development of a “self-aware token” designed to record events of an offline transaction. A patent document filed with the United…
Continue ReadingBitcoin is only a decade old but it has come a long way on the path to becoming money. A couple of metrics to consider are precision of spending and…
Continue ReadingCross-border payments platform Currencycloud has raised $80 million in funding from SBI Group, Visa and other investors. Per a Jan. 27 press release, London-based Currencycloud secured $80 million from SBI…
Continue ReadingCryptocurrency transactions in Ukraine will be strictly monitored by the state, although the country’s finance minister admits that it’s not digital coins but fiat cash that criminals and corrupt officials…
Continue ReadingUkrainian authorities will be able to “block crypto wallets” in order to seize illegally obtained assets, a notice on the country’s Ministry of Finance says. Oksana Markarova, Ukraine’s Finance Minister,…
Continue ReadingAdult entertainment website Pornhub has added a new cryptocurrency payment option after PayPal had abruptly stopped servicing its models in late 2019. According to a Jan. 23 blog post, Pornhub…
Continue ReadingThe Singapore government, along with an array of the world’s major financial and manufacturing companies, has formed an alliance to promote the adoption of digital technologies in trade and commerce.…
Continue ReadingIt is painfully clear that bitcoin needs to scale in terms of transactions if it is ever to be mass adopted as a peer-to-peer currency. Two solutions currently address the…
Continue ReadingOn January 17, the BCH developer known as Acidsploit announced the launch of the highly anticipated Cashfusion alpha. Interested parties can reach out to the Cashfusion developers via the team’s…
Continue ReadingThe road to mass adoption for any new technology is a slow one. This will also be the case for bitcoin but these four factors could accelerate the process. The…
Continue ReadingCanadian authorities have issued new guidance to determine which digital currency trading platforms fall under derivatives law. The Canadian Securities Administration (CSA) explained new provisions in the “Guidance on the…
Continue ReadingAustralia-based blockchain energy firm Power Ledger has purchased a 250 kilowatt (kW) photovoltaic system that will utilize a blockchain-based data management and settlement system. Per a press release shared with…
Continue ReadingThe United States Treasury Department has almost completed tests of a blockchain-based grants payment capability as part of the exploration of how the tech can improve such operations. As the…
Continue ReadingMore Bitcoin (BTC) transactions now use so-called Segregated Witness (“SegWit”) technology than ever before, the latest data shows. According to various resources including SegWit.Space, adoption of the protocol has reached…
Continue ReadingInstantly verifiable, unhackable and forever retrievable are some of the key features of information stored on a blockchain. These are also the characteristics that traders of various assets, commodities and…
Continue ReadingUsers of IOTA, the 24th biggest cryptocurrency by market cap, were unable to confirm transactions for 24 hours due to a mainnet incident on Dec. 29. According to an official…
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