cryptocurrency transactions

Shytoshi Kusama, the mysterious lead developer at the helm of the Shiba Inu (CRYPTO: SHIB) ecosystem, praised the UAE administration for exempting cryptocurrency transactions from value-added tax (VAT). What happened: In an X post on Sunday, Kusama responded to news of the exemption with a GIF of...

Wire Network announced on Wednesday it opened its decentralized MegaMask wallet to the public for alpha testing.  Currently, in this early-access phase, MegaMask wallet allows users to send, receive and buy cryptocurrency across platforms such as Wire Network, Polygon (...

JP Morgan Chase & Co (NYSE: JPM), the prominent banking institution, decided to halt cryptocurrency-related transactions for its U.K. clientele starting Oct. 16, according to a recent communication to its users. The bank stated, "If we think you're making a payment related to...

India's Ministry of Home Affairs (MHA) is taking steps to address the rise in cryptocurrency-associated illicit activities by initiating the development of the Cryptocurrency Intelligence and Analysis Tool (CIAT). This endeavor is spearheaded by the Indian Cyber Crime Coordination Centre, an...

The newly launched social network platform, Friend.Tech, operating on Coinbase Global Inc's (NASDAQ: COIN) Base blockchain, has witnessed a surge in daily active users, reaching an impressive 136,000. After a subdued debut on Wednesday, which garnered only $10 million in new inflows on its...

In a recent ruling, a federal court has mandated cryptocurrency exchange Kraken must provide account and transaction details to the Internal Revenue Service (IRS). The IRS stated it requires this information to investigate whether Kraken's users have failed to accurately report their...

Australian payment provider Cuscal has made moves to introduce fresh restrictions on cryptocurrency transactions. Blockchain Australia has voiced its concerns over the move and articulated the need for a balanced approach since, amid economic uncertainty, the probability of scams and fraud...

An automated trading bot recently performed a complex series of transactions on the Ethereum (CRYPTO: ETH) blockchain. According to The Block, the transactions involved a flash loan of $200 million and yielded a minuscule net profit of $3.24. Flash loans are essentially loans without...

Dogecoin's (CRYPTO: DOGE) network activity hit an all-time high earlier this week, with a tenfold surge in daily transactions. The cryptocurrency, considered the first "meme coin," briefly surpassed both Bitcoin (CRYPTO: BTC) and Litecoin (CRYPTO: LTC). On Sunday, over 645,000...