Tagged: Crypto Transactions

Kraken Intelligence Explains Why You May Consider Running a Bitcoin (BTC) Full-Node

Digital assets firm Kraken notes that the beauty of the Bitcoin (BTC) network is that “anyone can participate in it without permission.” However, primarily out of convenience, most Bitcoin users “don’t run nodes and instead trust third parties such as centralized exchanges and wallet providers… Read More

Bitcoin, Ethereum, USDC Payments Support Enabled by OLB Group via Mastercard Cryptocurrency Processing

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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

Singapore’s FOMO Pay Teams Up with Predictive Blockchain Monitoring Platform, Merkle Science

Singapore-headquartered payments platform FOMO Pay has entered into a partnership with Merkle Science, a predictive blockchain monitoring and investigative platform, in order to improve its compliance, risk management and threat detection processes. Last month, FOMO Pay had been issued the Digital Payment Token (DPT) Service… Read More

Bitcoin (BTC) Improvement Proposals Schnorr Signatures, Taproot, Tapscript Ready for November 2021 Launch: Report

Digital assets firm Kraken notes that one of Bitcoin’s (BTC) biggest and most significant upgrades of all time is “just around the corner.” However, Kraken also mentions that very few people really understand its “potential impact.” Kraken Intelligence’s most recent report, titled “Taproot Primer: An… Read More

Panther Protocol Aims to Provide Compliant, Secure, and Private Digital Asset Transactions

The decentralized finance (DeFi) apps available today are mainly deployed on the Ethereum (ETH) blockchain, where the complete transaction history and balances are public by default. Most blockchain or distributed ledger technology (DLT) platforms do not offer adequate privacy protection, which makes it rather difficult… Read More

Uppsala Security AML, Regulatory Compliance Product Suite Now Supports Binance Smart Chain (BSC)

Beginning August 31, 2021, Uppsala Security‘s AML, regulatory compliance and investigation product suite will be supporting Binance Smart Chain (BSC), according to a blog post dated September 2, 2021. Uppsala Security, a provider of security tools and services for crypto AML/CTF, transaction risk management, regulatory… Read More

Bitcoin Payments: Bakkt Teams Up with Quiznos to Enable Clients to Pay with BTC at Select Locations

Bakkt Holdings, LLC, the digital asset marketplace that’s behind the Bakkt App, revealed earlier this week that it has partnered with Quiznos, a national quick-service restaurant (QSR), in order to offer its first physical location pilot “enabling Quiznos customers to pay with bitcoin at select… Read More

Jake Chervinsky, General Counsel at Compound Finance, Shares Insights on Newly Proposed Infrastructure Bill

Jake Chervinsky, the General Counsel at Compound Finance, recently shared insights and his take on the deal with the recently proposed US infrastructure bill. 1/ 🚨 Here's the deal with the US infrastructure bill: A new provision has been added that expands the Tax Code's… Read More

Digital Banking: Revolut Explains how to Easily Send Crypto, Earn Competitive Interest with Savings Accounts

The team at digital bank Revolut notes that they are now closer to 2022 than 2020, so making plans for next year would be a good idea. They also mentioned that July was “generous,” bringing many new products with it, including those related to booking… Read More

Continuous Monitoring Gives Crypto Compliance Teams “Peace of Mind” According to Chainalsysis Report

Compliant crypto firms realize or know what it takes to keep their platforms safe: They have to carry out KYC checks on clients, monitor transactions for counterparty risk, and submit suspicious activity reports or SARs when they see suspicious activity, Chainalysis notes in a blog… Read More

Bitcoin Upgrade Taproot Now Locked In, Should Support Significantly Cheaper and More Private BTC Transactions: Report

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

Chainalysis Publishes Crypto Maturity Model Report to Guide Financial Institutions on Adopting Digital Currency

Blockchain analysis firm Chainalysis has published a report, titled The Crypto Maturity Model: How Traditional Finance Can Adopt Cryptocurrency in Stages. Chainalysis notes that during the past year, cryptocurrency has become a “more mainstream” asset class, with an inflow of institutional money driving Bitcoin (BTC)… Read More

Central Bank of Kuwait Issues Warning Regarding Bitcoin, Ethereum, DogeCoin, Other Crypto Investments

The Central Bank of Kuwait has issued a statement on crypto assets and their risks. Kuwait‘s reserve bank says that it aims to enhance financial awareness and intends to encourage the Kuwaiti banking sector to adopt socially responsible business practices. The Central Bank of Kuwait… Read More

Switzerland based Digital Asset Fund Dialectic Makes Strategic Investment in Suterusu, a Layer-2 Privacy Protection Protocol

Suterusu, the first layer-2 privacy protection protocol that doesn’t need a trusted setup, has reportedly received a strategic investment from Dialectic. Dialectic’s management noted that they’ve been quite impressed by Suterusu’s ability to adapt and evolve the protocol “very quickly.” As a multi-chain “Maximalist,” Dialectic… Read More

Aventus Network, a Blockchain Protocol for Supporting Economical Ethereum Transactions, Introduces Governance Platform

Aventus Network, a layer-2 blockchain or distributed ledger tech (DLT) protocol that aims to provide scalability, speed and lower costs to Ethereum (ETH) transactions, has introduced its community governance platform, offering Aventus Token (AVT) holders with complete control over “major decisions” regarding the network and… Read More

Bitcoin and Other Digital Assets Now Being Considered Investments but Not Medium-of-Exchange by Chinese Policymakers

China’s virtual yuan has been in development for the past 7 years (since 2014). Recently, Chinese officials had noted that Bitcoin (BTC) was not really a currency but they do think it’s a form of investment. Regulators in China are also eager to explore the… Read More

Turkish Authorities to Apply AML and Terrorism Financing Regulations to Cryptocurrency Transactions

Turkey has reportedly decided to add digital currency trading platforms to its list of companies that will come under the nation’s anti-money laundering (AML) and terrorism financing regulations. This, according to a presidential decree that was released on Saturday (May 1, 2021). The Official Gazette… Read More

Danial Daychopan: CEO at Plutus Explains how Financial Services Provider Is Bridging Worlds of Fiat and Crypto

We recently connected with Danial Daychopan, CEO and Founder of UK-based Plutus, a financial services provider that aims to bridge the gap between traditional fiat currencies and “upcoming” cryptocurrencies. Plutus says it offers the “best of both worlds,” which includes centralized fiat and non-custodial crypto,… Read More

Miami’s JAG Insurance Group Decides to Issue its Very First Policy Using Digital Currency

Miami-headquartered JAG Insurance has reportedly issued its very first policy using cryptocurrency. JAG Insurance Group, which is well-known for being a digital tech pioneer and challenging the standards of the insurance industry, has decided to take its first steps into the crypto-asset space by issuing… Read More

Aventus Network, a Blockchain Protocol for Supporting Ethereum Transactions, Says Block Explorers Offer Greater Transparency

The team at Aventus Network, a layer-2 blockchain protocol that aims to bring scalability, lower costs and speed to Ethereum or ETH-powered transactions, recently explained why they think block explorers (where you can see all crypto transactions) are “the key” to creating a more transparent… Read More

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