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African crypto exchange registers $3.2B in transactions ahead of global expansion

After nearly three years in operation, Nigerian cryptocurrency exchange Quidax has reported more than $3.2 billion in transactions, underscoring the rapid adoption of digital assets in Africa’s largest economy.Since launching in August 2018, Quidax has amassed over 400,000 customers across 72 countries, the company disclosed Monday. The figures were published

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Qtum FastLane Hard Fork Implemented Today to Offer Ultra Fast Transactions

Prior to the Qtum FastLane hard fork activation, the developers had been testing it for the past four months.Qtum Network, a decentralized blockchain platform that runs smart contracts on multiple virtual machines with proof of stake consensus, announced that it has completed a hard fork to implement Qtum FastLane. Notably,

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Fantom ($FTM) Becomes the Fastest Blockchain with Less Than One Second Transactions

With the rollout of Go-Opera, the most significant network upgrade yet, Fantom’s blockchain technology can now execute transactions in less than a second, with industry best transaction fees. Blockchain technology has typically suffered with incredibly slow transaction speeds and very high transaction fees. Fortunately, a new generation of blockchain platforms has

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PayPal is the Latest to Introduce Cryptocurrency for Online Transactions

HomeNewsCrypto NewsPayPal is the Latest to Introduce Cryptocurrency for Online Transactions PayPal's president and CEO, Dan Shulman, confirmed that cryptocurrency will be introduced shortly at the checkout service for online transactions, which will also waive transaction fees for purchases made with crypto. PayPal, the well-known online payment and transaction service, is the

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Russia’s money laundering watchdog monitoring crypto to ruble transactions

Russia’s Federal Financial Monitoring Service, or Rosfinmonitoring — the country’s Anti-Money Laundering body — is policing crypto to fiat transactions.The federal executive body responsible for AML oversight made this known while addressing the members of parliament on Tuesday, according to a report by Russian news agency Regnum.In a meeting with

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Darknet’s JokerStash Retiring After Making Over $1B Through Illicit Transactions

The founder of “Joker’s Stash,” one of the largest underground marketplaces for stolen payment card data, is officially retiring after making a fortune of over $1 billion, reports Elliptic, a U.K.-based blockchain analytics firm.According to an Elliptic blog post, the site’s pseudonymous founder, JokerStash, said the site will cease operations

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