Coincheck's CEO expressed optimism toward the company's upcoming shareholder meeting app, GMO Coin announced negative leverage trading fees and more headlined news from Japan this past week.
A Bitcoin transaction occurs when data has been verified and collected into a block within the Bitcoin network. It basically consists of links to previous transactions and assigns every certain number of Bitcoins its public key named Bitcoin address. Since nothing is encrypted in the Bitcoin system, access to this information remains open. Navigating completed transactions in the blockchain is possible with Block Explorers. Block Explorers are necessary for identifying technical features and checking the payment status. The main advantages of cryptocurrency transactions compared to traditional, fiat-money transfers include the high speed of the payment processor, low fees, a variety of payment services, no mediators, decentralization, a low risk of making a mistake, and peer-to-peer interaction.
An unknown Bitcoin wallet paid a mere $4 to transfer over $1 billion.8453
Ukraine’s Ministry for Digital Transformation will be tracking illicit crypto transactions with a crypto analytics startup backed by Bitfury.2954
The Bank of Thailand is looking to test the digital baht with Hong Kong’s central bank after piloting the CBDC with large businesses.3818
Whale Alert’s crypto transactions are still available on its Telegram channel, but its Twitter profile has been hampered for the time being.3638
Blockchain technology can bring about major changes for cross-border payments, says Ripple’s former chief market strategist.2223
Major digital asset firm BitGo announces API support for the Financial Action Task Force’s travel rule.2873
A private key management startup, Torus, enables social media users to send crypto using Twitter and GitHub handles.3244
A two-year-old Israeli blockchain startup says it has found a way to cancel crypto transactions if they are sent to the wrong wallet address.44527
LocalBitcoins claims that darknet-related transactions on the platforum dropped 70% after it adopted AML and KYC regulations in September 2019.5264
A crypto wallet provider says it now completes transfers in under three minutes in what could be a boost for users amid market volatility.3166
F2Pool returns about $500,000 in abnormal ETH transaction fee to its sender after encountering the issue on June 11.3942
Fireblocks will now utilize Chainalysis' Know Your Transaction tool to streamline compliance and Anti-Money Laundering measures.5214
After increasing more than 1600% between April 5 and May 20, Bitcoin transaction fees have now dropped to $0.56.8088
A third transaction with a transaction fee worth thousands of Ether has confirmed as experts suggest foul play again.5719