Transak becomes first US crypto on-ramp to enable wire transfers
Wire transfers in the worlds largest economy could attract more high-net-worth individuals to crypto.
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Wire transfers in the worlds largest economy could attract more high-net-worth individuals to crypto.
Wormhole introduces the Native Token Transfers (NTT) framework, offering a flexible, open-source solution for transferring tokens across blockchains, ensuring security and composability. (Read More)
Singapores 2024 terrorism threat assessment reveals a continued reliance on cash transfers for funding by terrorist groups despite some increase in crypto usage.
The W5 smart wallet will allow gasless transactions on the TON blockchain using USDT and Notcoin, enhancing user experience and accessibility.
The German and U.S. governments make strategic moves with significant Bitcoin and Ethereum transfers, drawing market attention.
Binance has resumed allowing its users to purchase crypto using Mastercard. Does this signal the end of Binances regulatory troubles?
Increased stablecoin usage could be a sign of growing crypto adoption for a maturing industry.
The recently reported incident involving a hacker from the year 2022 exploiting Voltage Finance to transfer ETH to Tornado Cash has sent shockwaves through the cryptocurrency community. This unauthorized move of funds raises concerns about the security vulnerabilities present in decentralized finance (DeFi) platforms. The hacker’s ability to access and manipulate the funds on Voltage [...]
According to a Chainalysis report, there are a total of 1.75 million dormant BTC addresses inactive for over a decade.
Conflux (CFX) Network launches a two-month zero-fee campaign for transferring USDT and USDC from exchanges to Conflux eSpace via Meson, supporting RWA and PayFi ecosystems. (Read More)
MoonPay users in the U.S. can now buy and sell 110 different cryptocurrencies using PayPal transfers via wallet, bank transfers or debit cards.
Key Takeaways In the increasingly digitalized world of financial infrastructure, MetaComp launched StableX, an intelligent foreign exchange payment platform specifically designed for the needs of cross-border enterprises. Regulated by Singapore’s Monetary Authority, StableX was conceptualized by MetaComp with the aim of solving long-standing inefficiencies of the $7-trillion-a-day FX market. Unlike fragmented systems stuck in the […]
Key Takeaways In the increasingly complex world of cybercrime, marketplaces based on the Telegram messaging app are supplanting the more established darknet platforms. A prime example is Xinbi Guarantee, a vast operation entrenched in illicit finance with its nominal headquarters in Colorado, USA. In spite of apparently legitimate incorporation as Xinbi Co., Ltd in August […]
PayPal and Venmo to Integrate Solana and Chainlink for Crypto Transactions PayPal and its subsidiary Venmo are making moves to enhance their cryptocurrency offerings by integrating Solana (SOL) and Chainlink (LINK) into their platforms. This strategic partnership aims to provide users with more options for conducting secure and efficient crypto transactions. Solana is a high-performance [...]
The post PayPal and Venmo to Introduce Solana and Chainlink Transfers – Exciting News for User appeared first on Crypto Breaking News.
A crypto whale suffered a $3.8M loss on $TRUMP tokens but bought back higher. Whales token moves raise questions about his decisions
On-chain data shows the XRP whales have been active during the past day. Here are the destinations their moves have been heading to. XRP Whales Have Moved Around Big Amounts In Last 24 Hours According to data from the cryptocurrency transaction tracker service Whale Alert, several large XRP transactions have been witnessed on the blockchain in the past day. More specifically, five transfers in total that are of scale often attributed to the whales have occurred on the network inside this window. Since whale transactions involve the transfer of a significant sum of capital, they can sometimes cause fluctuations in the market. Related Reading: 85% Of Altcoins In Opportunity Zone, Santiment Reveals The implications any whale transfers might have for the market depend on their intent. However, the exact purpose behind any transfer can be hard to ascertain. Nonetheless, the address details of the transaction may provide at least some hints about the context surrounding it. First, here are the details regarding the oldest XRP whale transfer from the past day: Looks like this massive move only required a minute fee of 0.000015 XRP to be possible | Source: Whale Alert As is visible above, this transaction involved the movement of 29.74 million XRP, worth $15.7 million at the time of the transfer. The sender was an unknown wallet, likely a whale’s address. On the other hand, the receiver was a wallet attached to a known centralized platform: the cryptocurrency exchange Bitso. Thus, the whale here made a deposit to the exchange from their personal address. Investors usually make such transactions whenever they want to use one of the services platforms like these provide, including selling. As such, exchange inflows can prove to be bearish for the price. The second-oldest whale transaction from the past 24 hours was also an exchange inflow, this one towards Bitstamp. Interestingly, the sending address for this one was the same as the Bitso deposit, so the same whale was probably behind both of these moves. The large investor shifted 27,430,000 XRP ($14.5 million) to the exchange in this second move. Naturally, if the whale has made these large moves for selling, they could be a bad sign for the asset’s price. Though, perhaps fortunately for the XRP investors, two exchange outflows have also occurred recently, which may cancel out these inflows. Below are the details of the two larger withdrawals. The addresses involved in the first of the whale exchange withdrawals today | Source: Whale Alert In this move, a whale took out around 26.67 million XRP ($14 million) from Binance. Today’s exchange outflow also involved Binance, with another 20.85 million tokens ($10.6 million) leaving the platform. The fifth and final transfer was the largest during the past day at a whopping 100 million XRP ($53 million), but this move involved unknown wallets on both sides so it’s impossible to say why the move would have been made. Related Reading: Bitcoin Forms Death Cross & TD-9 Sell Signal: Brace For Impact? The reason could have been anything, from a change of wallets to selling through over-the-counter (OTC) means. XRP Price XRP had recovered to $0.57 earlier in the week, but it appears that the coin has lost this progress; it’s back at $0.52 now. The price of the asset appears to have seen a decline over the last few days | Source: XRPUSD on TradingView Featured image from Ole Kloth on Unsplash.com, whale-alert.io, chart from TradingView.com
Binance Embraces Crypto Transfer Compliance in South Africa by 2025 Leading cryptocurrency exchange Binance has committed to increasing their efforts in compliance with regulations surrounding crypto transfers in South Africa by the year 2025. This move comes as part of their ongoing dedication to working closely with local authorities to ensure the smooth operation of [...]
The post Binance strengthens compliance regulations for cryptocurrency transfers in South Africa appeared first on Crypto Breaking News.
Bitcoin and Ethereum transaction fees have decreased more than 90% this year in April, making blockchain use for transfers
Paysafe will discontinue support for bank transfers of euros to and from Binance, the payments provider announced. The news comes when the world’s largest cryptocurrency exchange finds itself under pressure from regulators and banking partners in Europe and elsewhere. Paysafe to Stop Euro Deposits and Withdrawals for Binance Crypto exchange Binance, the global leader in [...]
The post Binance to Lose Euro Transfers as Paysafe Drops Support appeared first on Crypto Breaking News.
Over the past week, Litecoin has experienced a sustained increase in daily confirmed transactions. Following a record-breaking peak of 585,415 daily confirmed transactions on May 10, the blockchain has consistently handled a range of 172,000 to 532,000 transactions per day. Litecoin’s Daily Transaction Rise Continues Since May 2, 2023, the Litecoin (LTC) network has been [...]
The post Litecoin’s Daily Transaction Count Remains Elevated as LTC Ordinals Approach 4 Million appeared first on Crypto Breaking News.
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