Have Traders Moved Past Dogecoin? Transactions Plunge 98% Since June
Data shows that Dogecoin transactions have dropped more than 98% since June, a sign that investors have lost interest in the meme
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Transactions
MetaMask and Stripe join forces to streamline U.S. crypto-fiat transactions
MetaMask will collaborate with Stripe to offer U.S. users an effortless way to transition between fiat and digital currencies, further simplifying the crypto experience. A strategic alliance between leading crypto wallet MetaMask and payment solution provider Stripe aims to make it more straightforward for U.S. users to transition between fiat and
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Crypto platform Nexo to Phase Out Cashback for Exchange and Card Transactions in the UK
"Nexo is committed to our U.K. community, and we regard our compliance responsibilities with the highest priority, reflecting our aim of nurturing a robust crypto ecosystem," a company spokesperson said. "Additionally, our enhanced interface epitomizes our dedication to a consistent user experience in the evolving financial advertising context." Source
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New US bill to require firms to report off-chain transactions to CFTC
A new bill in the United States aims to require cryptocurrency service providers to report all blockchain transactions to a government repository.On Sept. 28, U.S. Representative Don Beyer introduced the “Off-Chain Digital Commodity Transaction Reporting Act,” requiring trading platforms to report all transactions to a repository registered with the Commodity Futures Trading
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U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions
A lot of the day-to-day transactions from crypto investors happen only internally at the handful of major exchanges, recorded by the companies rather than on public blockchains, but this bill would call for regulated repositories to gather the data for each trade of a “digital commodity, digital asset, or digital
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Report Reveals Crypto Whale Center With Majority Of Transactions Crossing $1 Million
A report from blockchain data analytics platform Chainalysis has revealed that the majority of crypto transactions in the United Arab Emirates (UAE)
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MoneyGram Announces Non-Custodial Wallet to Facilitate Cross-Border Transactions
The new MoneyGram non-custodial wallet will provide a more flexible way for users to handle funds and make transactions cheaper. International peer-to-peer payments and money transfer giant MoneyGram International has announced its intention to launch a non-custodial wallet to bridge crypto and fiat. According to MoneyGram, users will be able to
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JPMorgan’s subsidiary Chase UK to restrict crypto transactions
Chase Bank, a digital bank owned by the investment bank JPMorgan, will restrict all cryptocurrency-related transactions for its customers in the United Kingdom.Starting from Oct. 16, customers of Chase Bank in the U.K. will no longer be able to make crypto transactions using their debit cards or through outgoing bank
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Binance on-chain transactions spike Ethereum gas prices
Gas prices on Ethereum’s mainnet temporarily skyrocketed on Sept. 21 following a series of “inefficient transactions” carried out by an address labeled Binance 14 on block explorer Etherscan. The wallet made over 146,000 transactions within a 24-hour timeframe and overpaid for Ethereum transactions, spending as much as 300 gwei on
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Coinbase-backed Base Catches Up with Top Layer 2 Ether Chains after Hitting Almost 2M Daily Transactions
Last week, the Base Layer 2 network hit its ATH in daily transactions of about 1.88 million, higher than Optimism and Arbitrum combined. Coinbase Global Inc (NASDAQ: COIN) launched its Ethereum-based layer two (L2) network dubbed Base earlier in August. Less than two months later, the layer two network has registered
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