Global #transactions

Stacks, a prominent layer-2 blockchain project built on top of Bitcoin, announced the successful activation of its Nakamoto upgrade on Tuesday.

Recent data from blockchain tracker Whale Alert reveals significant activity in the XRP market, with nearly 216 million XRP moving across various platforms in a series of transactions.

In a significant development for the cryptocurrency market, an older Bitcoin whale has transferred approximately $3.6 million worth of Bitcoin to the Kraken exchange.

In a notable transaction, a wallet linked to Ethereum co-founder Vitalik Buterin, identified as “0x556,” recently made a final deposit of 649 ETH, valued at approximately $1.72 million, to Paxos.

In a significant move to enhance consumer protection and regulate the cryptocurrency market, the recent regulations align with Temporary Article 11 of Capital Markets Law No. 6362.

In the evolving landscape of cryptocurrency, stories of dormant wallets suddenly coming to life capture the imagination of both investors and enthusiasts. Recently, a wallet that originally received its coins through mining on January 30, 2009, made headlines after transferring its holdings.

In a significant development for businesses in Latin America, Circle, the company behind the popular stablecoin USDC, has partnered with leading banks to enable direct local bank transfers.

As artificial intelligence (AI) increasingly becomes a key component in various sectors, its integration into traditional financial systems presents significant challenges.

In a recent paper, the Basel Committee on Banking Supervision (BCBS) has underscored the multiple risks faced by banks engaging in transactions on permissionless blockchains.

By July 19, 2024, the privacy-focused cryptocurrency mixing protocol Tornado Cash has reportedly facilitated over $1.8 billion in transactions in the first half of 2024 alone.

The 2024 election cycle is witnessing a remarkable surge in cryptocurrency donations to political campaigns, signaling a significant shift in how political fundraising is conducted.

KuCoin, a popular cryptocurrency exchange, is implementing a new tax for users in Nigeria. Starting July 8th, 2024, Nigerians using KuCoin will be charged a 7.5% Value Added Tax (VAT) on all transaction fees.