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Ripple’s XRP transaction surge fuels market buzz


Ripple, a prominent player in cryptocurrencies and real-time gross settlement systems has consistently made headlines since its inception in 2012. It’s best known for its digital payment protocol more than its cryptocurrency, XRP. Ripple is well-known for its digital payment system, which...

Tax Authorities in EU to Share Transaction Data Reported by Crypto Firms


New EU rules will introduce automated exchange of information on crypto revenues reported by service providers in the sector. A new directive adopted by the Union expands existing registration and reporting obligations as well as cooperation between tax administrations across the bloc. Information...

Amid Falling Inscriptions, Bitcoin Miners Chip Away at Transaction Backlog


Bitcoin miners have been steadily clearing the mempool of unconfirmed transactions since the number almost reached 700,000 on September 6, 2023. Currently, the number of unconfirmed transactions has dropped to just over 153,000 pending confirmation. Transaction Backlog Shrinks as Bitcoin Miners...

Bitcoin Miner Returns 19.8 BTC in Fees After Paxos Claims Payment Mistake


According to an X post, a cryptocurrency mining pool, F2Pool, has returned the mistakenly transferred transaction fee of 19.8 BTC made by Paxos, a Financial infrastructure firm. It started on September 10, when a transaction fee of $510,000 was paid to a miner on block 807,057 for a transaction...

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