South African grocery giant ‘Pick n Pay’ intends to accept Bitcoin in all stores nationwide
The company said it will allow customers to pay with any bitcoin lightning-enabled app and QR codes for speedy payments.
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BTC Whale Transfers $940 Million Out of Coinbase — 3 Batches of ‘Sleeping Bitcoins’ From 2011 Move
On Tuesday, October 18, researchers from the crypto analysis platform Cryptoquant identified an outflow of 48,000 bitcoin coming from the trading platform Coinbase Pro. According to the researcher’s summary of…
War Spurs Crypto Activity in Russia and Ukraine, Chainalysis Reports
The deadly conflict that started with Russia’s assault on Ukraine has increased crypto-related activity in both countries, according to Chainalysis. Fiat inflation and sanctions pressure led to several spikes in…
Chinese Digital Currency Transactions Exceed 100 Billion Yuan, Central Bank Says
Spending with China’s state-issued digital currency has surpassed 100 billion yuan, close to $14 billion, by the end of August, the country’s monetary authority revealed. More than 5 million merchants…
US Treasury Charges Bittrex With Sanctions Violations, Crypto Exchange Agrees to Settle With Regulator
On October 11, the U.S. Treasury department’s Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) announced that it has settled charges with the cryptocurrency exchange…
What is Bitcoin hash rate and why does it matter?
Cryptocurrency’s hash rate measures a blockchain network’s processing power to process transactions.
Pro-Russian Groups Raised $400,000 in Crypto Since Ukraine Invasion, Report Reveals
Groups supporting Russia’s war effort in Ukraine have been actively collecting cryptocurrency to fund paramilitary operations and evade sanctions, researchers say. According to a new report, these organizations use Telegram…
1inch wallet users get domain names with Unstoppable Domains partnership
The DEX aggregator said the partnership would promote the wider adoption of DeFi and Web3 products and services.
Solana outperforms Ethereum in daily transactions in Q2: Nansen report
Daily transactions in the Solana blockchain consistently increased, ending with more than 40 million daily transactions compared to Ethereum’s 1 million daily transactions between April and June.
Downsides of Proof-of-Work and Proof-of-Stake, explained
Not all consensus mechanisms are born equal — and the differences between major blockchains can have a huge effect on gas fees and transaction speeds.
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