Tagged: Crypto Transactions

January 12, 2022 @ 9:13 am By Omar Faridi  |  

NYDIG, a Bitcoin company, announced that its subsidiary Bottlepay, a Bitcoin-based international payments company, has been granted registration as a Cryptoasset Business from the United Kingdom’s Financial Conduct Authority (FCA). Bottlepay is one of a small number of crypto-asset companies to have secured this type… Read More

January 6, 2022 @ 9:49 pm By Omar Faridi  |  

Bitrefill, a Fintech company that’s supporting digital currency adoption by helping consumers “live on crypto” with gift cards, phone refills, and Lightning Network access, claims that you can now live on crypto in Saudi Arabia. Bitrefill has reportedly added 73 new and popular gift cards… Read More

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

January 4, 2022 @ 10:51 pm By Omar Faridi  |  

As the number of digital wallet users across the globe continues to increase, Wyre and Rehive have teamed up to make it easier and quicker for companies or businesses to launch “fully” compliant and customized Fintech apps. Together, Wyre and Rehive will aim to offer… Read More

January 4, 2022 @ 11:22 am By Omar Faridi  |  

Nium, a company focused on payments and card issuance for businesses, notes that as they wrapped up 2021, they decided to take a look back at some of the key milestones.. 2021 was a year of many ‘firsts’ for Nium, the company wrote in a… Read More

January 4, 2022 @ 8:46 am By Omar Faridi  |  

Digital money transfer service ZEN.COM, which is reportedly powered by Mastercard (NYSE: MA), has introduced the conversion of fiat money into digital assets, as well as the “transfer of fiat currencies to any digital wallet servicing BTC, ETH or USD-T (ERC-20), with more currencies coming… Read More

December 31, 2021 @ 8:54 am By Omar Faridi  |  

The Financial Action Task Force (FATF) has reported that there are just 58 out of 128 reporting jurisdictions advising that they have implemented any of the updated FATF standards, including the “travel rule.” This reportedly aligns with what CipherTrace has found through their extensive work… Read More

December 30, 2021 @ 7:24 pm By Omar Faridi  |  

In September of this year, the team at Robinhood (NASDAQ:HOOD) had announced that crypto wallets were coming to the platform—enabling clients to not only trade, but send and receive virtual currency via the Robinhood app. Robinhood wrote in a blog post that they’d long heard… Read More

December 29, 2021 @ 5:00 pm By Omar Faridi  |  

Binance CEO Changpeng Zhao or CZ notes that there are many “misconceptions” out there about crypto and that he will address a few of them. For example, many people say that “Regulation is bad for crypto.” According to CZ, we should not hold such a simplistic… Read More

December 29, 2021 @ 6:04 am By Omar Faridi  |  

Chainalysis reveals that scams were once again the largest form of cryptocurrency-based crime by “transaction volume,” with more than $7.7 billion worth of crypto taken from unsuspecting victims globally. As noted by Chainalysis, that represents an increase of 81% compared to last year, a year… Read More

December 28, 2021 @ 4:37 am By Omar Faridi  |  

On its face (or at surface level), 2021 may not have seemed like the year cryptocurrency “got serious,” according to an end-of-year update from Mastercard (NYSE: MA). The team at Mastercard noted that this year, we had Elon Musk sending Dogecoin (a virtual currency initially… Read More

December 27, 2021 @ 1:34 am By Omar Faridi  |  

MoneyGram International, Inc. (NASDAQ: MGI), a global supporter of evolution of digital P2P payments, shared the results of a consumer survey that offers insights into cross-border money transfer flows going into 2022. Results reveal that as the requirements of family and friends abroad continue to… 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 16, 2021 @ 7:49 am By Omar Faridi  |  

The team at Ramp is pleased to confirm that they have secured $10.1 million in funding to take the platform to the next level and “continue pushing the frontier of what’s possible in the crypto space.” Ramp’s management noted that their seed round was led… Read More

December 15, 2021 @ 7:41 am By Omar Faridi  |  

Trulioo, the global identity verification service provider, has announced six new customers in the crypto industry: Centbee, GMO Trust, Omni Matrix, Skilling, Strike Protocols and Vintech Capital. GlobalGateway is one of the largest marketplaces for digital identity data and services, enabling organizations to “deploy identity… Read More

December 2, 2021 @ 10:27 am By Omar Faridi  |  

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

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

November 2, 2021 @ 11:23 pm By Omar Faridi  |  

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

September 21, 2021 @ 8:05 am By Omar Faridi  |  

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

September 10, 2021 @ 10:00 am By Omar Faridi  |  

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