Category: Transactions

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

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

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 […]

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

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

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 […]

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

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

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 […]

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OKEx to accelerate Bitcoin transactions with Lightning Network

OKEx to accelerate Bitcoin transactions with Lightning Network

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 […]

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

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

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, […]

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