Swift to Pilot Digital Asset and Currency Transactions in 2025

October 6, 2024 Bitcoin.com

Asia

Swift will begin live trials for digital asset and currency transactions in 2025, engaging banks across North America, Europe, and Asia in a major step toward real-world applications. By leveraging its existing network, Swift aims to merge digital and traditional assets, addressing the challenges of disconnected platforms. The trials build on successful blockchain experiments, seeking […]

Crypto market cycle permanently shifted — Polygon founder

Russia Pushes for Sustainable BRICS Interbank Networks and Payment Systems

September 24, 2024 Bitcoin.com

bitcoin.com

Russia is pushing to develop independent interbank networks and payment systems within BRICS to boost the bloc’s financial influence. Moscow aims to expand cross-border settlements and the use of national currencies in BRICS trade, as part of a strategy to reduce dependence on Western financial institutions. These efforts have gained attention during Russia’s BRICS presidency, […]

Crypto market cycle permanently shifted — Polygon founder

Swift Unveils Plan to Integrate Digital Assets and Currencies Into Global Payment Network

September 15, 2024 Bitcoin.com

bitcoin.com

Swift has unveiled a plan to enable the movement of digital assets and currencies on its global payment network. The initiative aims to integrate regulated digital currencies into Swift’s platform, building on past experiments. “We’re paving the way towards real-world solutions that will enable our members to access and transact with regulated digital assets and […]

Crypto market cycle permanently shifted — Polygon founder

Noble Partners With Circle Financial to Integrate USDC on Cosmos Blockchain

March 29, 2023 Bitcoin.com

Adoption

According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle Financial for the rollout. Noble details that the integration will give access to Circle’s USDC stablecoin to more than 50 Inter-Blockchain Communication (IBC) networks. USDC Native Support Is Coming to […]

Crypto market cycle permanently shifted — Polygon founder

Arbitrum’s Daily Transaction Count Surpasses Ethereum for the First Time Ever

February 23, 2023 Bitcoin.com

Arbitrum

According to statistics recorded this week on Tuesday and Wednesday, the layer two scaling project Arbitrum’s transaction count has surpassed Ethereum’s. On Wednesday, Arbitrum processed 1,090,510 transactions, compared to Ethereum’s 1,080,839 transfer count. L2 Scaling Solution Arbitrum’s Daily Transfers Skyrocket Layer two (L2) scaling networks have become popular over the last two years as secondary […]

Crypto market cycle permanently shifted — Polygon founder

Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network

January 24, 2023 Bitcoin.com

alternative blockchain

Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493 bitcoins circulating on the Avalanche blockchain, while the Lightning Network holds 5,248 bitcoins. […]

Crypto market cycle permanently shifted — Polygon founder

Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count

January 15, 2023 Bitcoin.com

Arbitrum

Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereum’s onchain transaction output. On Saturday, Jan. 14, 2023, Ethereum processed 1.10 million onchain transactions, while combined transactions on Arbitrum and Optimism reached 1.32 million for the same day. Rise of […]

Crypto market cycle permanently shifted — Polygon founder

Declining Interest Leads to Poor Market Performance for Ethereum Proof-of-Work Forks

January 3, 2023 Bitcoin.com

2 Forks

After transitioning from proof-of-work (PoW) to proof-of-stake (PoS), the Ethereum community saw the launch of two new PoW Ethereum forks: ethereumpow and ethereumfair. In the past four months, the value of both coins has dropped by 94.8% to 98.4% in U.S. dollars. PoW Ethereum Forks Ethereumpow and Ethereumfair Suffer Significant Value Loss After Launch Since […]

Crypto market cycle permanently shifted — Polygon founder

Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia

January 1, 2023 Bitcoin.com

$POWER

Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of Russia has acknowledged. Demand continues to increase in residential areas as well, after regional authorities abandoned a proposal to introduce higher tariffs for Russians minting digital coins at their homes. Authorities in […]

Crypto market cycle permanently shifted — Polygon founder

Ethereum’s Merge Gave Birth to 2 Forks — Newly Launched Ethereumfair Gathers USD Value and Hashpower

September 18, 2022 Bitcoin.com

2 Forks

Following Ethereum’s Merge, a number of cryptocurrency community members have been discussing the proof-of-work (PoW) fork called ETHW as it dropped significantly in value during the past few days. However, a lot of people are unaware that there’s another Ethereum-based PoW fork called ethereumfair (ETF), and ETF has gathered a small amount of hashrate and […]

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