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Ether Inferno: Ethereum Network Burned Over $2.4 Billion Worth of ETH in 87 Days
31.10.2021
87 days ago, the Ethereum network successfully implemented the London hard fork upgrade, and ever since then over 700,000 ether has been burned, or more than $2.4 billion using today’s exchange rates. 702,886 Ethereum Burned Since the London Hard Fork Data from Dune Analytics indicates that...
While Ethereum Prices Skyrocket, Ether Gas Fees Surge Fueling Costly Transfers
30.10.2021
On October 29, 2021, the second-largest crypto asset in terms of market valuation, ethereum, reached an all-time price high at $4,467 per unit. Meanwhile, after the Ethereum network’s Altair upgrade went live, ether gas fees have skyrocketed significantly. As Ethereum Tests New Price Highs...
Tether to Use Notabene Travel Rule Solution for Stablecoin Transfers
28.10.2021
Tether Operations Limited (“Tether”), the business behind the blockchain-powered tether.to platform powering the world’s most valuable stablecoin, announced that it would be using Notabene’s solution for compliance to crypto Travel Rule. Tether will begin to test Notabene’s...
From $4 to Over $3.1 Million — Miner Transfers 50 ‘Sleeping Bitcoin’ After BTC Sat Idle for 11 Years
24.10.2021
On October 22 at 4:52 p.m. (EDT), a miner that acquired 50 bitcoin on May 17, 2010, spent the funds that sat idle for 11 years and five months. There hasn’t been a 2010 block reward spent in three months and the last time a 2010 miner spent their ‘sleeping bitcoin’ was on July...
Far Cry 6's PlayStation Save Transfers Are A Pain In The Ass
12.10.2021
We’re really gonna do this song and dance again, aren’t we? Far Cry 6 players are having trouble starting a new game file on PlayStation 4 and continuing that same save file on PlayStation 5. It’s a similar problem to the one that plagued blockbusters like Marvel’s Avengers and Final Fantasy...
New World Server Transfers Delayed, Previously Promised Cross-Realm Moves ‘Not Possible’
11.10.2021
During the mad rush to play Amazon’s massively multiplayer RPG New World during launch week, its developers told players not to worry about which of the game’s crowded servers they chose to play on, as free transfers were on the way. Not only have those free server transfers been delayed,...
Cosmos sees 1 million transfers in a month across the ecosystem
6.10.2021
The Inter Blockchain Communication protocol that powers Cosmos has been growing steadily over the past 6 months
Nigeria CBDC Countdown: Central Bank Delays E-Naira Rollout
2.10.2021
A spokesperson for the Central Bank of Nigeria (CBN), Osita Nwanisobi, has said the launch of the much-hyped e-naira central bank digital currency (CBDC) has now been postponed to a later date. Nwanisobi’s announcement came less than 24 hours before the CBN was scheduled to launch...
Central Banks Should Allow Salaries, Social Transfers to be Paid in CBDCs - BIS
30.9.2021
ivate innovation, all the while preserving public trust.The BIS worked on the papers in cooperation with the Bank of Canada, Bank of England, Bank of Japan, European Central Bank, US Federal Reserve, Sweden’s Sveriges Riksbank, and the Swiss National Bank. The studies analyze policy options a
‘Faster and Cheaper Cross-Border Transfers’ — Banking Report Led by BIS Highlights the Benefits of Cryptocurrency
30.9.2021
According to a report published by the Bank of International Settlements (BIS) and a group of central banks, digital currencies can lead to faster settlement and cheaper transfers. Moreover, the banking group leveraged a prototype that shows how money transfers can be done in seconds with very...
Chipper Cash Extends Peer-to-Peer Money Transfer Service to South Africa
27.9.2021
Chipper Cash, an African fintech start-up, has extended its peer-to-peer instant money service to South Africa. In addition to being able to use the remittance service, South African users will be able to buy, sell, and transfer cryptocurrencies like bitcoin, ethereum, and the USDC stablecoin....
China’s Crackdown Spurs Massive Onchain Transfers, Cold Wallets Move $3 Billion in Bitcoin and 800K Ether
26.9.2021
Following the latest statements from China’s central bank concerning cryptocurrencies and offshore crypto exchanges, massive amounts of funds have been moving onchain. On September 26, at approximately 1:00 a.m. (UTC) 72,999 BTC or $3.1 billion in bitcoin was dispersed to unknown wallets....
Robinhood Testing New Crypto Wallet and Cryptocurrency Transfer Features: Report
21.9.2021
Stock trading and investing app Robinhood has reportedly been testing new features, including a crypto wallet and cryptocurrency transfers. “The ability to deposit and withdraw cryptocurrencies is tricky to do with scale, and we want to make sure it’s done correctly...
Robinhood’s Crypto Wallet Plans May Spur Similar Moves By Competitors
21.9.2021
d beta version of the app’s version for Apple’s iOS operational system. The new software comprises a hidden image showing a waitlist page for customers signing up for a crypto wallet feature, as well as code related to crypto transfers, Bloomberg
Ethereum After 1559: Network Participants Burn Over 300,000 Ether Worth More Than $1 Billion
16.9.2021
On August 5, 2021, the Ethereum network and its participants successfully completed the highly anticipated London upgrade, which saw the implementation of the Ethereum Improvement Proposal (EIP)-1559. Since then, 303,681 ether worth more than a billion U.S. dollars have been burned. More Than 300K...
Africa Has Some of the ‘Highest Grassroots Adoptions in the World’ — Chainalysis Crypto Preview
16.9.2021
While Africa is seen as one of the smallest cryptocurrency markets, according to a preview of Chainalysis’ Geography of Cryptocurrency annual report, this region has “some of the highest grassroots adoptions in the world.” African Volumes Mainly Composed of Retail Transfers...
South African Exchange Sets New Crypto Withdrawal Limits — Restrictions ‘a Deterrent for Illicit Actors’
9.9.2021
One of South Africa’s biggest cryptocurrency exchanges, Luno, has confirmed that it has started restricting withdrawals by clients. The exchange insists the limits are meant to “act as a deterrent for illicit actors moving large amounts of funds within the crypto ecosystem.”...
Altcoins rally to new highs after the ETH/BTC pair flips bullish
31.8.2021
MTL, RGT and KSM post gains in excess of 36% after the ETH/BTC pair turned bullish and Bitcoin price trades in a range-bound pattern
Ghost of Tsushima: Director’s Cut Fixes PS5’s Busted Save Transfers
19.8.2021
Save transfers have been a mess on PS5. Time and again, people have wanted to play upgraded versions of their old PS4 games only to discover they can’t import their previous save files without placing their console on a dark altar and performing arcane rituals. Ghost of Tsushima: Director’s...
Crypto.com uses Circle API to launch USD bank transfers in over 60 countries
18.8.2021
Institutional Crypto.com customers in more than 60 countries can now make U.S. dollar bank transfers to and from their USDC wallets