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Some Multichain transactions are confirmed as queue unwinds

Hacked cross-chain protocol Multichain has confirmed some transactions, and its backlog of queued transactions has declined to only a single transaction, according to data from Multichain's explorer tool. Blockchain data confirms that some of the transactions have been confirmed on the destination chain, while others show as confirmed in the

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Brazil’s USDT adoption soars in 2023, makes up 80% of all crypto transactions

Stablecoin Tether (USDT) has seen a significant surge in adoption in Brazil, accounting for 80% of all cryptocurrency transactions in the country, according to data from Brazil’s revenue service agency. As of mid-October, USDT transactions in Brazil this year amounted to $271 billion Brazilian reais (~$55 billion), almost double the volume

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Shibarium sees surge in daily transactions as SHIB gains 15% in a week

Shibarium’s transaction volume skyrockets by 493% in a single day, marking key milestones for the Shiba Inu ecosystem. Shibarium, the blockchain associated with the popular meme token Shiba Inu (SHIB)—has recorded a massive uptick in transactions. Within a single day, the platform has seen its transaction count escalate by 493%, jumping

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FinCEN issues alert regarding crypto transactions connected to Hamas

The United States Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, issued an alert for financial institutions as part of efforts to identify “suspicious activity” related to funding terrorist groups.In an Oct. 20 notice, FinCEN said that the militant group Hamas — behind the Oct. 7 attack on Israel —

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Binance Secures New Euro Banking Partners to Resume Fiat Transactions

Binance is currently in the process of finding partners for dealing with fiat transactions in the UK, as British users are still unable to deposit GBP. Leading global cryptocurrency exchange Binance has successfully onboarded fresh fiat partners to facilitate euro transactions after halting the services earlier this year due to regulatory

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EU data protection regulators urge anonymity for smaller transactions in digital euro

On Oct. 18, the European Data Protection Board and the European Data Protection Supervisor issued a joint statement on regulating a digital euro, as proposed by the European Commission in July 2023. The regulators made several recommendations to enhance the personal data protection standards for the European Union central bank digital currency

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Aptos resumes operation after 5-hour outage that ‘impacted’ transactions

Layer-1 blockchain Aptos Network has managed to bring its network back to normal operations after a lengthy five-hour outage that saw transactions on its network “impacted."According to the Aptoscan network tracker, on-chain transactions on the Move language-based blockchain were halted 11:11pm UTC on Oct. 18 at block 104621314 — down

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