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Tag Archives: Transactions

Former Visa CEO’s Startup Runs the Fastest Crypto Transactions in the World

Blockchain-based fintech startup Crypterium challenges classic banks by introducing a new feature that allows its users to transfer any amount of cryptocurrency using not the complicated wallet addresses, but simply the recipient phone number. Those transfers happen simultaneously, and the company claims it can process up to a million transactions per second, solving blockchain’s scalability issue. Does it mean the ...

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Blockchain Startup Enables Litecoin Transactions via Telegram Messenger

Litecoin (LTC) transactions are now available via encrypted messenger app Telegram, Litecoin founder Charlie Lee tweeted today, Aug. 9. A bear market is the best time for people to work on adoption. Check out https://t.co/Ua8LQz9f4h. Send and recieve LTC on telegram. Eventually, it will support SMS also. Great work @ztxrepublic team! 👏 We build it and they will come. Adoption ...

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Majority of Bitcoin Transactions Are Speculative, Dash Transactions Are Real World Usage

New analysis by Lilita Infante at the U.S. Drug Enforcement Administration has shown that the dynamic between illegal activities and speculation on the Bitcoin blockchain has flipped over the past five years from being predominantly illicit activities to now predominantly speculative activities. “The volume has grown tremendously, the amount of transactions and the dollar value has grown tremendously over the ...

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Criminal Activities Account for Just 10 Percent of Bitcoin Transactions

Cryptocurrency enthusiasts have long argued that it’s unfair to characterize bitcoin as a haven for drug dealers and money launderers. Now, they have data from the U.S. Drug Enforcement Agency (DEA) to back up that claim. Speaking in an interview with Bloomberg, DEA special agent Lilita Infante said that criminal activity accounts for approximately 10 percent of on-chain bitcoin transactions, ...

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Crypto Exchange Huobi’s OTC Trading Platform to Support India Rupee Transactions

Huobi, currently the world’s third largest crypto exchange by daily trading volumes, is set to support Indian rupee (INR) transactions on its proprietary peer-to-peer trading platform, according to an email cited by Crypto News India July 26. Huobi, whose over-the-counter (OTC) service will reportedly offer Indian users zero-fee trading on Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) using rupees, noted ...

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Dash Stress Test Processes Double Bitcoin’s On-Chain Transactions Without Issue

Dash underwent a network stress test, processing over double Bitcoin’s transactions without a performance decrease, validating long-term scaling plan. Over the course of a couple of days, the Dash network underwent an impromptu network capacity test, with well over a half-million transactions over a 24-hour period. This test was done through use of a transaction tool that send out batches ...

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World’s Fourth-Largest Stock Exchange Eyes Blockchain Use in Securities Transactions

The world’s fourth-largest stock exchange released plans to use so-called distributed ledger technology (DLT) in securities transactions July 10. The Shanghai Stock Exchange (SSE), which as of December 2017 had a market cap in excess of $5 tln, said in a report that “most people” consider that blockchain technology can “help improve the transparency of the securities industry.” “Part of ...

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Highspeed Transactions and Elegant Solutions with Devvio

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Cryptocurrency ...

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Highspeed Transactions and Elegant Solutions with Devvio

Cryptocurrency platform reaches a historic level of 8 million transactions per second. Albuquerque, New Mexico USA – July 9, 2018 – Devvio, a leading global cryptocurrency platform company, celebrated a key milestone in its product development by surpassing speeds of over eight million transactions per second on-chain. With this achievement, users can move money and assets faster and more reliably ...

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