Market Analysis
Robust onchain activity, a resilient futures market and improving investor optimism boost the chance for ETH to hit $5,000.
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Transactions News
Transactions form the backbone of any economic system, facilitating the exchange of goods, services or assets between parties. In the digital age, cryptocurrency transactions, notably those involving Bitcoin (BTC), have revolutionized how we exchange value. In the crypto world, a Bitcoin transaction involves transferring ownership of a specific amount of Bitcoin from one digital wallet to another. These transactions are recorded on a public ledger called the blockchain, ensuring transparency and security.
The sender generates a digital signature to verify ownership before initiating a Bitcoin transaction and broadcasting it to the network. The validity of the transaction is then confirmed by miners using intricate mathematical algorithms. The transaction is recorded permanently on the blockchain after it has been verified and added to a block.
A digital wallet, which can be hardware or software-based and contains cryptographic keys that let the owner access and manage their money, is required to spend Bitcoin. Funds can be safely transferred using the recipient’s Bitcoin address, allowing people to easily participate in the global digital economy.
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Solana briefly achieved over 100,000 transactions per second, and a developer said the blockchain could ‘theoretically’ eventually perform at 80,000 TPS.
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The Bank for International Settlements floated a compliance score for crypto-to-fiat off-ramps, using transaction history to flag and potentially freeze “tainted” assets.
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Steak ‘n Shake attributed Bitcoin as a driver for its 11% quarter-on-quarter sales rise after adopting the cryptocurrency as a payment method in May.
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Apex Fusion will debut Vector, a Cardano-aligned blockchain that claims instant finality and 10x transaction speed, at Rare Evo on Saturday.
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Base blamed a 33-minute outage on Tuesday on an unprepared sequencer. The blockchain team said it would update the infrastructure
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A victim lost $908,551 in a crypto phishing scam 15 months after signing a malicious approval transaction. The scammer waited until two large deposits were made before striking.
23561 - Explained
Binance face scrutiny as India investigates cross-border wallet flows and security risks. Globally, investigative agencies have been acting against illicit crypto funding.
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An early Bitcoin investor has sold 80,000 BTC through Galaxy Digital, marking one of the largest crypto transactions ever, in a trading session marked by higher volatility.
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Build on Bitcoin upgrades to ZK fraud proofs, aiming to climb L2Beat’s decentralization rankings and unlock Ethereum-level DeFi on Bitcoin.
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Western Union is exploring stablecoin integration for cross-border transfers, conversions and digital wallets, positioning it as an innovation opportunity.
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The Indian crypto exchange announced a recovery program of up to 25% for ethical hackers who can help recover the stolen stablecoins.
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Chinese blockchain Conflux launched Conflux 3.0 network and unveiled a new offshore yuan-backed stablecoin targeting “Belt and Road” cross-border payments.
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Ethereum’s gas limit climbed over 37 million, with 47% of validators supporting a jump to 45 million.
10746 - Explained
With rising rates and over $100 billion in reserves, Tether turned monetary policy into profit, and it’s not alone.