transactions News

PayPal is set to alter its protection policies for NFT transactions, marking a striking shift from its previous stance of supporting the tokens.

Ethereum (ETH) faces a dual challenge as sustained whale sell-offs coincide with a drop in transaction volume despite a bullish trend of persistent development activity. Behavior analytics resource Santiment called attention to these metrics in its latest insights on the…

Visa has been exploring ways to allow users to pay blockchain gas fees directly with a credit or debit card. Gas fees are required for transactions on blockchain networks like Ethereum (ETH). Traditionally, users needed to hold balances of native…

Ethereum’s title as the most active blockchain network is becoming increasingly reinforced as network activity on the chain is now fully ahead of Bitcoin. Stablecoin and decentralized finance (DeFi) transactions continue to catapult Ethereum’s economic activity count but often at…

Three abnormal Ethereum transactions last week stirred up massive debate in the broader crypto community. Valued at over $5.3 million in just fees for the transfer of a few ETH collectively, many suggested an exchange had been hacked. However, one…

Signature Bank, a bitcoin (BTC)-friendly New York-based full-service commercial bank founded in 2001, has joined forces with Prime Trust, a Nevada-based tech-driven financial institution that claims to be focused on providing dependable infrastructure solutions for the digital economy. The alliance…

Infosys, an Indian corporation that provides banks with universal digital banking solutions, has partnered with financial institutions across 19 countries to trial R3’s distributed ledger technology (DLT) based solution for trade finance, reports livemint, September 23, 2019. Leveraging Blockchain Technology …

In a bid to expand its reach, facilitate cross-border payments and offer existing customers more benefits, Line Pay, the digital wallet and fintech solution from the stables of Line Messenger, Japan’s largest messaging app, has announced its partnership with Visa,…

The Telegram Open Network (TON) recently opened a GitHub repository and a launched a test net of sorts on their website. An article by BUTTON Wallet on 26 May, 2019, reveals TON’s scaling plan for its network. How the Chain Will…

While bitcoin serves many functions, one its most substantial uses is as a payment system. Typically the metric that has been used to compare Bitcoin to companies like VISA, Paypal, or even newer blockchains that tout higher transaction capacity, is…

After the U.S. government forced Swift to cut ties with more than 70 banks in Iran, Brad Garlinghouse, the CEO of Ripple Labs Inc., said that his company was gaining new customers because financial firms are seeking technology that is…

Justin Sun, founder and CEO of Tron, has announced another significant milestone for the blockchain platform. On November 4, 2018, the network surpassed 1 million daily transactions for the first time in the project’s history. Sun tweeted to his followers,…

Ethereum co-founder Vitalik Buterin announced that the blockchain platform’s next upgrade would improve its transaction capacity by a factor of one thousand. Speaking at the Devcon4 keynote in Prague, Czech Republic, Buterin reminded the audience that this long-awaited “Ethereum 2.0”…

Dubai partnered with IBM to launch a Government-backed blockchain platform in the Middle East as part of the Government’s Smart Dubai Initiative. According to an Arab News article published on October 31, 2018, the blockchain platform is related to Dubai’s…

Ripple’s cryptocurrency product for cross-border payments, xRapid, is now commercially available, the company announced on October 1, 2018.  xRapid Now Commercially Available In a release published on the company’s official website, Ripple announced that xRapid, its real-time settlement platform, is…

The University of Sydney and CSIRO’s Data61 have successfully created a blockchain that can process a mass amount of transactions significantly faster than public blockchains, such as the one behind bitcoin, The Financial Review reported on September 25, 2018. Red…