Ripple Boosts Cross-Border Transactions in Brazil With New Payment Solution

October 3, 2024 Bitcoin.com

bitcoin.com

Ripple is expanding its digital payments service in Brazil, partnering with Mercado Bitcoin to offer faster, cheaper cross-border transactions. This move positions Ripple Payments as a key player in the region’s crypto landscape, helping businesses move funds 24/7. With plans to streamline treasury operations between Brazil and Portugal, the service also aims to benefit corporate […]

Switzerland’s Crypto Valley hits 3B with 17 unicorns in 2024

Switzerland’s Crypto Valley hits $593B with 17 unicorns in 2024

Banks to join SWIFT digital asset trials in 2025

October 3, 2024 Coin Telegraph

Banks

SWIFT said it is uniquely positioned to interlink the fragmented digital asset landscape with its forthcoming digital currency trials in 2025.

Banks in North America, Europe and Asia are preparing to participate in trials involving digital assets by the Society for Worldwide Interbank Financial Telecommunication (SWIFT).

SWIFT announced on Oct. 3 that it will begin digital asset trials on its network in 2025. The trials will involve experiments with transactions that include multiple digital currencies and assets.

Source: SWIFT

Switzerland’s Crypto Valley hits $593B with 17 unicorns in 2024

Donald Trump uses Bitcoin to buy burgers at NYC bar

September 19, 2024 Coin Telegraph

Bitcoin

Pubkey, a Bitcoin bar in New York City, hosted the former US President and 2024 Republican nominee for a campaign stop on Sept. 18.

Republican Party presidential nominee Donald Trump appeared in a New York City bar and restaurant famous for accepting Bitcoin, becoming the first former US president to use the cryptocurrency in a transaction.

According to a Sept. 18 X post by Pubkey, Trump used Bitcoin (BTC) to purchase hamburgers at the NYC bar. BTC advocate and Professional Capital Management CEO Anthony Pompliano was in attendance at the campaign stop, which was also reported on Trump’s Truth Social account.

The event came less than two days after the Republican nominee announced the launch of a token through the World Liberty Financial crypto platform, run by members of his family. Despite once calling Bitcoin a “scam” and crypto “based on thin air,” Trump has advocated for BTC miners as part of his 2024 campaign and spoken at the Bitcoin 2024 conference in Nashville.

Switzerland’s Crypto Valley hits $593B with 17 unicorns in 2024

Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

September 16, 2024 Bitcoin.com

Bank of Russia

The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital ruble accounts and services by this deadline, with smaller institutions following later. The initiative seeks to enhance payment efficiency and reduce costs, with retailers also […]

Switzerland’s Crypto Valley hits $593B with 17 unicorns in 2024

Over $55 Billion in Settlements Between Russia and Turkey Potentially Disrupted by Recent Western Sanctions

September 10, 2024 Bitcoin.com

Over Billion in Settlements Between Russia and Turkey Potentially Disrupted by Recent Western Sanctions

bank transfers

Trade settlements between Russia and Turkey via bank transfers are now being disrupted due to the new sanctions enacted against Russia. According to Russian media, the U.S. is currently checking all sources of transfers to and from Russia, and bank headquarters are heavily scrutinizing Russian citizens opening bank accounts in the country. Settlements Between Russia […]

Switzerland’s Crypto Valley hits $593B with 17 unicorns in 2024

Sberbank to Join Russia’s Crypto Settlement Pilot This Fall, Executive Reveals

September 5, 2024 Bitcoin.com

anatoly popov

Sberbank, Russia’s largest financial institution, plans to join a cryptocurrency settlement pilot program this fall. The bank also aims to serve clients using digital rubles by 2025. Deputy Chairman Anatoly Popov supports regulatory efforts to legitimize cryptocurrencies for international payments and mining. He highlighted cryptocurrencies as effective payment methods, especially for small businesses, amid global […]

Switzerland’s Crypto Valley hits $593B with 17 unicorns in 2024

Polygon MATIC may be ‘brewing’ reversal amid sudden spike in onchain activity

August 29, 2024 Coin Telegraph

Coin Telegraph

Onchain activity for the Ethereum layer-2 network has picked up recently, but token prices remain at deep bear market levels.

Polygon’s native token MATIC could be in for a resurgence soon. Analysts have spied a “notable spike” in active addresses and dormant coins coming back to life.

On Aug. 28, blockchain analytics platform Santiment said there had been a surge in onchain activity on Polygon.

A chart shared on X shows a strong surge in dormant token movement this week, coinciding with this year’s second-highest number of Polygon addresses interacting with the network.

Switzerland’s Crypto Valley hits $593B with 17 unicorns in 2024

Bitcoin Sets New Transaction Milestones as Top Ten Busiest Days Occurred in 2024

August 26, 2024 Bitcoin.com

Bitcoin

In 2024, the Bitcoin network has hit some significant milestones, including reaching an all-time high price, achieving peak hashrate and difficulty, and recording the highest onchain fees ever. On top of these metrics, the blockchain also saw its busiest transfer day in history on April 23, with 927,010 transactions confirmed in one day. Bitcoin’s High-Traffic […]

Switzerland’s Crypto Valley hits $593B with 17 unicorns in 2024

New DeFi protocol Nudge aims to unlock hidden value in users’ wallets

August 15, 2024 Coin Telegraph

Coin Telegraph

Nudge seeks to unleash a new DeFi primitive called Re: allocation Value.

Nudge is launching a new decentralized finance (DeFi) protocol on Ethereum designed to unlock the economic value hidden in users’ wallets, it told Cointelegraph on Aug. 15.

It aims to create a two-sided marketplace where Web3 protocols pay users incentives — or “Nudges” — to redirect onchain assets, liquidity and engagement.

Nudge will unleash a new DeFi primitive called “Re: allocation Value” that represents the economic value of users’ onchain activities, according to the company.

Switzerland’s Crypto Valley hits $593B with 17 unicorns in 2024

Ethereum L2 ecosystem processes a record 12.4M transactions in a day

August 14, 2024 Coin Telegraph

Coin Telegraph

The growth has been primarily driven by memecoin mania on the Coinbase L2 blockchain Base.

Ethereum’s layer-2 scaling ecosystem has just reached a new daily transaction all-time high.

According to data from Growthepie, an Ethereum layer-2 block space analytics platform, aggregated daily transactions across the scaling ecosystem hit a record 12.42 million on Aug. 12.

Leon Waidmann, head of research at the Onchain Foundation, commented on the milestone in a post on X on Aug. 13, stating that “scalability is improving rapidly” and “user activity is at its peak.

transactions

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