Checkout.com settled $1 billion in stablecoin transactions during its initial pilot phase of Payments Engine. Following a successful pilot phase, digital asset custody platform Fireblocks has launched its new payment engine for merchants, opening up pathways for businesses to settle and accept cryptocurrency transactions across jurisdictions.  Fireblocks’ new Payments Engine is said to provide “turnkey...Continue Reading

Ethereum’s transition to PoS was celebrated as a key upgrade. However, a month after the move, centralization concerns are mounting high. Ethereum went through a key network upgrade on Sept. 15, shifting from its proof-of-work (PoW) mining consensus to a proof-of-stake (PoS) one. The key upgrade is dubbed the Merge.  The Merge was slated as...Continue Reading

Yellow Card’s CEO said that the Botswana VASP license is the first license for African crypto exchanges established by an African country. African crypto exchange Yellow Card has received a significant regulatory approval to continue expanding its operations across the continent. Yellow Card has obtained a virtual asset service provider (VASP) license from the Non-Bank...Continue Reading

What could have inspired a Bitcoin user to overpay by 1,000 times the asking price to move roughly $63,000 in Bitcoin? Fat fingers? A Bitcoin (BTC) user spends over $200 to make a transaction, paying astronomically above the average fee.  In a transaction that entered Bitcoin block 760,077, a user paid 1,136,000 Satoshis, (0.0136 BTC,...Continue Reading

An update on the Bitcoin rollout on the Portuguese archipelago of Madeira, which according to entrepreneur Jeff Booth is “a bigger Bitcoin Beach but in the EU.” This spring, the Madeiran archipelago “adopted” Bitcoin (BTC). Madeira’s President, Miguel Albuquerque, was invited onto the stage at Bitcoin Miami 2022 by Jan3 CEO Samson Mow to announce the...Continue Reading

The South Korean regulator noted that popular stablecoins used by the public might become a primary tool for laundering using digital assets. South Korea’s financial watchdog, The Financial Service Commission (FSC), would monitor crypto whales with assets of over 100 million won ($70,000) to prevent money laundering efforts using digital assets. The FSC noted that...Continue Reading

Santander Brasil is also reportedly planning to launch crypto trading services to its customers, CEO Mario Leao announced in July. Major global bank Santander continues exploring the benefits of blockchain technology, with a local branch implementing blockchain for vehicle trading and car registration. Santander Brasil has launched testing of a blockchain-based tokenization platform for transferring...Continue Reading

Japan Credit Bureau will develop its CBDC infrastructure in collaboration with IDEMIA and Softspace. Japan Credit Bureau (JCB), a Japanese analog to international payments systems like Visa or Mastercard, announced the start of its central bank digital currency (CBDC) infrastructure testing. The project will assumably prepare the payments platform for a national CBDC, which is currently...Continue Reading

Online searches for the term “Bitcoin dead” reached an all-time high owing to peak anxiety among investors amid ongoing selloffs at the time. The global crypto community has started to redirect its interest from Bitcoin (BTC) to Web3, according to Google search trends. In order to keep up with decade-long innovations spanning from blockchain-based applications...Continue Reading

October 2022 has yet to prove itself as analysts predict “wild” Bitcoin price volatility for November. Bitcoin (BTC) starts the last week of “Uptober” in a firmly average mood as the trading range to end all trading ranges continues to stick. After a welcome attempt to break out, BTC/USD remains bound to a narrow corridor...Continue Reading