In a surprising event a mysterious Ethereum wallet address has sent $2.6 million in transaction fee for a mere $130 worth ETH payments, twice in two consecutive days.
Having received approval from German regulator BaFin, London’s ETC Group will launch the physically-settled Bitcoin ETC by the end of this month.
The regulators have signed a MoU which makes it easier for either of them to enter other’s market and strengthen their positions as FinTech hubs.
The OCC has reached out to the public to understand the use of cryptocurrency and blockchain services and its co-relation with the existing banking and financial services.
Bitcoin has finally managed to surpass the $10,000 threshold during a rapid bull run that led to a $500 value increase during a few hours.
The report from CipherTrace shows that a large number of transactions from Bitcoin ATMs are cross-border hence the regulators want to have a check on illicit financial transactions.
The ETH price has seen a steady surge after the crypto market correction of March 2020. Some positive developments with Ethereum 2.0 Layer 2 scalability have keep the excitement rolling.
With BTC convincingly breaking its $10,000 resistance, analysts think that the economic turmoil in the U.S. and the chances of negative interest rates could create massive demand for Bitcoin and Gold.
IMF’s head of the monetary capital markets division said that private players will lead for innovation and implementation while the public sector will work on the regulatory aspect.
The Ministry of Economy and Finance of South Korea has proposed amendments to the existing taxation laws that will be presented to the national assembly this September.
A wave of volatility has gone through the cryptocurrency market this week, thus leading to an overall price dip, which was quickly followed by an abrupt increase in prices.
After announcing its Calibra digital wallet and Libra cryptocurrency last year, Facebook went through several regulatory hurdles to make Libra a success.
In an recent RTI response, the RBI clarified that there’s no ban on banks dealing with crypto exchanges and businesses operating in the country.
Goldman Sachs is hosting a special call for its institutional clients to discuss and learn about Bitcoin and the implication of recent policies.
Providing the BTC addresses and its correspondent signatures, a miner has busted Wright’s claim of being the Satoshi when he submitted the same addresses to the court as proof.
The advisors noted that the proposed stablecoin would help to accelerate trade among the four countries which will be crucial to the regions economic recovery after the major slowdown by COVID-19.
This week is theoretically being influenced by the recent bitcoin halving event, which has led to increased volatility on the cryptocurrency market.
With the mempool size going to its maximum in two years since January 2018, the number of unconfirmed transactions have gone up considerably along with the BTC transaction fees.
Several stakeholders who refused Justin Sun’s takeover of the Steemit blockchain in March 2020 claim that the TRON founder is conducting a hardfork to seize their funds in a vindictive move.
Bakkt has joined hands with insurance broker Marsh who will help Bakkt customers secure additional insurance for the cryptocurrency custodies.