Tagged: bitcoin transactions

January 5, 2022 @ 7:49 am By Omar Faridi  |  

Blockchain.com, a leading crypto wallet provider, block explorer, and digital asset exchange, writes in an update that (following “proof of keys” day on January 3) a private key is like as a password to your cryptocurrency wallet. In the same way that giving anyone your… Read More

December 20, 2021 @ 10:09 pm By Omar Faridi  |  

The team at Compass Mining writes in a blog post that it is noticeable that in every crypto bull market, there seems to be “a lot of new entrants.” As noted by Compass Mining, a frenzy takes place and people get really excited when they… Read More

December 12, 2021 @ 1:56 pm By Omar Faridi  |  

Blockchain analysis firm Chainalysis recently announced product support for the Lightning Network (LN), which is a Layer-2 protocol built on the Bitcoin (BTC) blockchain that enables “faster, cheaper transactions.” With Lightning, small, recurring transactions that wouldn’t be economical to carry out on the blockchain due… Read More

November 3, 2021 @ 8:51 am By Omar Faridi  |  

The OLB Group, Inc. (NASDAQ: OLB), a provider of Cloud-powered omnicommerce and payment acceptance solutions for small- and mid-sized merchants and Bitcoin mining firm, announced that it is ready to process Mastercard Bitcoin payments. Merchants utilizing OLB’s OmniSoft business management platform and the firm’s SecurePay… Read More

July 27, 2021 @ 12:50 am By Omar Faridi  |  

The team at Blockstream, which claims to be the global leader in Bitcoin and blockchain tech, notes that they’re pleased to introduce Greenlight, which is their latest Lightning Network (LN) service. Blockstream, which aims to make financial markets more efficient by reducing reliance on trust… Read More

July 8, 2021 @ 11:17 pm By Omar Faridi  |  

Taproot has now been locked in and should activate in November of this year. Taproot is the name of various technological innovations that have all been bundled together. When they are activated, they should make Bitcoin (BTC) transactions significantly cheaper and also more private, along… Read More

March 21, 2021 @ 2:24 pm By Omar Faridi  |  

Payments company Square’s (NYSE:SQ) Cash App now allows users to complete Bitcoin payments without having to pay transaction fees. You can now instantly send bitcoin to other $cashtags for free, right from your Cash App. To celebrate, we’re giving out $1 million in BTC. To… Read More

March 21, 2021 @ 2:21 pm By Omar Faridi  |  

Researchers at Deutsche Bank (XETRA: DBKGn.DB /NYSE: DB) have published an update, titled The Future of Payments in which they look into whether Bitcoin (BTC) may offer any value to the financial system. The bank’s research team points out that Bitcoin or BTC’s market capitalization… Read More

March 17, 2021 @ 10:49 pm By Omar Faridi  |  

It can be difficult to imagine a harsher criticism of Bitcoin than recent statements made about the leading crypto on March 12 by Jeffrey Sachs, according to an article in Fortune. He basically said that the leading crypto was providing no value and was consuming… Read More

March 14, 2021 @ 6:56 pm By Omar Faridi  |  

Earlier this year, the team at Elliptic, which works to assist with categorizing financial crime typologies while protecting legitimate crypto-asset users from illicit activities, had explained how proper and effective compliance can prevent (potential) money laundering activities using Bitcoin (BTC) or other digital currencies. Elliptic… Read More

March 14, 2021 @ 12:57 pm By Omar Faridi  |  

Crypto exchange OKCoin confirms that they recently became one of the first digital asset trading platforms to implement the Lightning Network (LN), which is a layer-two scaling solution enabling the faster and more efficient transfer of BTC. OKCoin has awarded a new grant to Bitcoin… Read More

March 1, 2021 @ 10:21 pm By Omar Faridi  |  

Bitcoin-focused tech startup Casa notes that “hot on the trail” of their recent $4 million fundraising announcement, they are pleased to announce another set of product enhancements Casa confirmed that they’ve now removed the email “dependency” from Bitcoin hardware wallet signing – so users are… Read More

February 23, 2021 @ 8:10 am By Omar Faridi  |  

US Treasury Secretary Janet Yellen stated on Monday (February 22, 2021) that Bitcoin is an “extremely inefficient” way to settle financial transactions. Yellen commented on how the digital currency’s price fell sharply (as usual) during morning trading hours, but then stayed above the $53,000 mark… Read More

February 12, 2021 @ 5:56 pm By Omar Faridi  |  

A Nigerian crypto trader is claiming that they sold off all their coins (crypto-assets) following the government’s directives regarding cryptocurrencies. The trader also noted that they’ve now withdrawn all their proceeds, but they haven’t “seen a dime” in their bank account and it’s been more… Read More

January 18, 2021 @ 9:30 pm By Omar Faridi  |  

The team at Blockchain.com, a leading crypto wallet provider, trading platform, and block explorer service, notes that every month, they look at on-chain (blockchain) data to examine “interesting trends or movements” on the Bitcoin (BTC) network. The daily number of BTC transactions in December 2020… Read More

May 7, 2020 @ 10:54 pm By Omar Faridi  |  

The Shanghai No. 1 Intermediate People’s Court made a public announcement on May 6, 2020, about an appeal involving a Bitcoin (BTC) foreign property damage compensation dispute. The second Court trial’s investigation into the matter confirmed that Bitcoin may be considered a digital asset. Therefore,… Read More