Thursday, March 28, 2024
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Bitcoin user pays $3.1M transaction fee for 139 BTC transfer

A Bitcoin user paid 83.7 Bitcoin (BTC), worth $3.1 million, in transaction fees for transferring 139.42 BTC. The transaction fee of $3.1 million is the eight-highest in Bitcoin’s 14-year history.The BTC wallet address bc1qn3d…wekrnl tried transferring 139.42 BTC to bc1qyf…km36t4 on Nov. 23, only to pay more than half the

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Unknown holder paid $3.14m in BTC transfer fees, the highest ever recorded

On Nov. 23 an unknown Bitcoin owner sent 139.4 BTC to AntPool, triggering over $3 million in fees. According to journalist Colin Wu, the transaction fee was 83.65 BTC. According to mempool, today bc1qn3d…wekrnl paid a fee of 83.65 BTC (approximately $3.136 million) when transferring 139.42 BTC to bc1qyf…km36t4, and finally

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FTX and Alameda linked wallets transfer $10M of crypto to exchanges in just 5 hours

Wallets linked to bankrupt crypto firms Alameda Research and FTX transferred over $10 million worth of cryptocurrency to exchange deposit accounts in five hours on October 24-25, according to data from blockchain analytics platform Spot On Chain. The movement of these funds may indicate that the firms plan to sell

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crypto dealer-brokers and transfer agents under scrutiny

On Oct. 16, the United States Securities and Exchange Commission published its 2024 examination priorities report.  For over a decade, the agency’s Division of Examinations has consistently issued such reports, although it has never appeared at the beginning of the fiscal year. The growing presence of crypto The SEC’s Division of Examinations states they

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SEC plans scrutiny of crypto dealer-brokers, transfer agents, per 2024 exam guide

The United States Securities and Exchange Commission released its 2024 examination priorities report on Oct. 16. The agency’s Division of Examinations has been publishing similar reports for over a decade to let its registrants know the emerging risks it will be focusing on. Crypto dealer-brokers, among others, have been given

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Gitcoin screws up transfer, sends $460K to unrecoverable address

Crypto developer platform Gitcoin has admitted to losing approximately $460,000 of Gitcoin (GTC) tokens after mistakenly sending the funds to an unrecoverable contract address.On Oct. 6, project lead “CoachJonathan” posted details of the incident on the Gitcoin governance forum. He said the transfer of GTC from the treasury was intended

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PayPal Files Patent Application for NFT Purchase and Transfer

According to PayPal, its system could use any currency. The company has already added numerous blockchain-related features to its platform, including the MetaMask Wallet, PayPal USD, and Ethereum. Online payments giant PayPal Holdings Inc (NASDAQ: PYPL) has applied for a non-fungible token (NFT) marketplace to purchase and transfer NFTs, both on- and

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Swift concludes trial on blockchain interoperability and asset transfer

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Swift, the global messaging network for international payments, has shared key findings from its recent experiments on blockchain compatibility. Working alongside major financial institutions and Chainlink, Swift set out to showcase its potential as a central hub

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Swift Announces Successful Transfer of Tokenized Value Across Multiple Blockchains 

The experiment was built on Swift’s earlier successes in connecting Central Bank Digital Currencies (CBDCs) and digital assets with existing and emerging payment systems. The Society for Worldwide Interbank Financial Telecommunication (SWIFT), the global financial messaging network, has unveiled the results of a groundbreaking experiment hindering the widespread adoption of tokenized

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