Category: Transactions

PayPal-owned Venmo launches cryptocurrency trading

April 20, 2021

Crypto Nanobot 0

Venmo is following in the footsteps of its rival, Square’s Cash App, by introducing cryptocurrency trading. 11010 Total views 80 Total shares Payments app Square made headlines — and dollars — when it integrated Bitcoin trading into its mobile platform back during the crypto bull market of winter 2017.  Now, rival payments firm Venmo, owned by PayPal, is […]

Continue Reading

Bitcoin transactions fees in US dollars near all-time high levels

April 20, 2021

Crypto Nanobot 0

The latest spike in BTC transaction fees comes amid a major decline in the Bitcoin network hash rate. 7368 Total views 43 Total shares Bitcoin (BTC) transaction fees measured in United States dollars are near 2017 levels amid a massive hash rate drop on the Bitcoin network. According to data from several Bitcoin monitoring resources, […]

Continue Reading

Visa, JPMorgan and ING discuss Bitcoin, Ether and stablecoin development

April 16, 2021

Crypto Nanobot 0

If 2021 has taught us anything about digital currencies, it’s that big banks and major payments providers are now feeling more comfortable with Bitcoin (BTC). While the CEO of PayPal and other large corporations are expressing excitement for crypto payments and salaries paid in Bitcoin, executives from Visa, JPMorgan and ING all agree that Bitcoin is […]

Continue Reading

Coinbase could see fee compression in long term, CEO expects

April 14, 2021

Crypto Nanobot 0

Brian Armstrong expects other revenue streams to take the lead in five or 10 years. 9741 Total views 25 Total shares Coinbase CEO Brian Armstrong has addressed the platform’s transaction fees as the company’s shares list on Nasdaq today. In a CNBC Squawk Box interview on Wednesday, Armstrong discussed public concerns associated with Coinbase’s massive […]

Continue Reading

Citi and IADB complete cross-border payment pilot with blockchain tech

April 8, 2021

Crypto Nanobot 0

IADB disbursed tokenized funds to a recipient in the Dominican Republic using the LACChain blockchain network. 2468 Total views 25 Total shares Banking giant Citigroup has successfully completed a proof-of-concept for blockchain-based cross-border payments in collaboration with the Inter-American Development Bank, or IADB. According to a Thursday announcement, Citigroup’s Citi Innovation Labs and the IADB […]

Continue Reading

Putin issues orders to combat ‘illegal cross-border transfers’ of digital assets

March 17, 2021

Crypto Nanobot 0

Russia is apparently preparing to scrutinize cross-border cryptocurrency transactions for potential illegal activity. 2527 Total views 17 Total shares Russian President Vladimir Putin has stressed the importance of developing additional measures to fight against illegal cross-border transactions of digital financial assets. Speaking at a board meeting of the General Prosecutor’s office Wednesday, Putin stated that […]

Continue Reading

Bitcoin price ‘macro top’? Not so fast — data shows the real FOMO isn’t even here

February 26, 2021

Crypto Nanobot 0

Bitcoin (BTC) bears thinking that $58,000 was this cycle’s top will be sorely disappointed, fresh investment data from past bull markets shows. Compiled by on-chain analytics resource Whalemap, statistics covering BTC buys of between $5 million and $7 million conclude that even at recent all-time highs, Bitcoin was far from a “macro top.” “No FOMO […]

Continue Reading

Exchange temporarily halts Ether withdrawals as gas fees hit new highs

February 4, 2021

Crypto Nanobot 0

Average gas fees hit a new all-time high of $17.5 per transaction on Feb. 3, triggering some exchanges to halt Ether and ERC-20 withdrawals. 7794 Total views 24 Total shares Japanese cryptocurrency exchange Liquid has temporarily disabled Ether (ETH) withdrawals as the altcoin hits new all-time highs. According to a Feb. 4 announcement, Liquid has […]

Continue Reading

OKEx to accelerate Bitcoin transactions with Lightning Network

February 2, 2021

Crypto Nanobot 0

As Lightning Labs continues to expand the Lightning Network’s capabilities, another major exchange announces its plans to integrate. 3563 Total views 19 Total shares Global cryptocurrency exchange OKEx is moving to cheaper and faster Bitcoin (BTC) transactions with its upcoming Lightning Network integration. According to a Feb. 2 announcement, OKEx’s Bitcoin Lightning Network will be […]

Continue Reading

Digital ruble could be still vulnerable to fraud, Russian banks warn

January 13, 2021

Crypto Nanobot 0

The Association of Russian Banks is worried about regulators being unable to track illicit transactions of an offline-enabled digital ruble. 3202 Total views 22 Total shares Russia’s central bank digital currency, or CBDC, could contain a number of risks related to cybersecurity and fraud, according to several local financial institutions. The Association of Russian Banks, […]

Continue Reading