New record: Bitcoin processes 1.6M confirmed payments in a day

According to Dubai officials, the subsidiary’s operations will serve as a regulatory trial for future commercial services using virtual assets. 53 Total views 1 Total shares On Friday, FZE, a subsidiary of crypto exchange FTX, was awarded Dubai’s first Minimal Viable Product (MVP) license, allowing full operation of the exchange in the region. Dubai’s Virtual Asset…

No, the blockchain is not in your car. Luxury carmaker Groupe Renault tested its blockchain project aimed to ease compliance certification of vehicle components. The project, Extended Compliance End-to-End Distributed, or better known as XCEED, grew out of Renault’s partnership with other companies to develop a blockchain supply-chain solution by sharing data. It’s built on the…

Two influential figures in the cryptocurrency space unpack their individual journeys to understanding the promise of proof-of-stake as The Merge approaches for Ethereum. 500 Total views 17 Total shares Ethereum co-founder Vitalik Buterin and Coinbase CEO Brian Armstrong believe that a gradual mind shift and important community contributions led to their backing of Ethereum’s upcoming…

Blockchain infrastructure-as-a-service company Bison Trails is integrating with Coinbase Custody while also providing support for the Polkadot protocol.Announced on April 14, the integration will allow Coinbase Custody clients to delegate Polkadot (DOT) tokens to Bison Trails validators, which helps to secure the Polkadot protocol and earn participatory rewards.Lowering barriers in the blockchain spaceSpeaking to Cointelegraph,…

Paraguayan lawmakers have deliberated for a year on a comprehensive crypto regulatory framework that includes considerations for businesses and traders. 79 Total views 2 Total shares The Paraguayan Senate passed a bill on July 14 establishing a tax and regulatory framework for businesses operating in the cryptocurrency and the crypto mining sectors.The bill, introduced last…

The United States Department of Homeland Security (DHS) has awarded Virginia-based Digital Bazaar $199,984 to develop its blockchain security technology, according to a press release, Nov. 14.The Department’s Science and Technology Directorate (S&T) made the Phase 1 award, as it explores blockchain and distributed ledger technology (DLT) solutions to fulfill common needs across DHS missions.Replacing…

The IRS’s recommendation to check “Yes” boils down to receiving, earning, transferring or selling cryptocurrencies for any monetary benefit, including mining and staking. 429 Total views 9 Total shares Own this piece of history Collect this article as an NFTWith the deadline approaching for filing the 2022 federal income tax return, the Internal Revenue Service…

Bitcoin (BTC) beats both fiat currency and gold because it does not need settlement, RT host Max Keiser has said.In the latest episode of the network’s Keiser Report on Nov. 7, the well-known Bitcoin bull explained that other forms of transactions need settlement time, but Bitcoin does not.Keiser: BTC “uniquely self-settling”This is because, in Bitcoin,…