Quidax, the Nigerian cryptocurrency exchange, has reported more than $3.2 billion in transactions, underscoring the rapid adoption of digital assets in Africa’s largest economy. It has been reported that Quidax, since launching in August 2018, has amassed over 400,000 customers across 72 countries. However, the figures were published alongside an announcement that the exchange plans to further expand its crypto trading operations beyond Africa. Nigeria has emerged as one of t

Report said that the volume of transactions in the South Korean digital currency market exceeded the daily average transaction amount of the country’s stock market on March 14 (Sunday). It has been reported by data from CoinMarketCap that the combined 24-hour volume of major South Korea-based crypto exchanges Upbit, Bithumb, Coinone, and Korbit was more than $14.6 billion on Sunday. However, on March 12 (Friday), the same metric was around $14.5 billion on the Korea Composite

BitMEX Research has identified a suspected double-spend transaction valued at 0.00062063 BTC or around $21 and it doesn’t appear to be an instance of that popular replace-by-fee wallet hacks. It has been reported that BitMEX’s ForkMonitor noted that “multiple blocks were produced at height 666833.” For anyone interested, here are the details we have for the transactions in question. Winning transaction (In block 666833):https://t.co/LCHaR2P2vF Losing conflicting transaction

Aztec, a privacy protocol developing on Ethereum, has announced the launch of its second iteration, promising private transactions and smart contracts while being cheaper than standard transfers. It has been reported that the layer two solution adopted by Aztec relies on zkRollups, similar to Loopring or ZkSync. However, all these protocols rely on zero-knowledge proofs to help the Ethereum scale but come with different benefits and focused use-cases. According to the report,

Proof of Work (PoW) and Proof of Stake (PoS) are the models that are called ‘consensus mechanisms’, which are a current requirement to confirm transactions that take place on a blockchain, without the need for a third party. There are currently discussions about Ethereum switching from Proof of Work to Proof of Stake. This change could affect the overall market related to crypto mining. This is an important risk factor that people, as an investor, should know. So, before we d

Leading blockchain analysis company, Chainalysis is partnering with the institutional digital-asset security specialist, Fireblocks to integrate its Know Your Transaction (KYT) system. On June 15 an announcement was made stating that the addition will strengthen Fireblocks’ security standards and Anti-Money Laundering (AML) compliance. Excited to announce we've partnered with @chainalysis! Now, customers can ensure their digital assets are compliant with regulatory anti-money

ZebPay, the major Indian cryptocurrency exchange and wallet provider, has partnered with Chainalysis, the blockchain forensics firm, to monitor transactions executed across its platforms in India. It has been reported that the move incorporates an expansion in the partnership between Chainalysis and ZebPay, with Chainalysis already providing its Know Your Transaction (KYT) services for ZebPay’s operations in Singapore. Avinash Shekhar, the President of ZebPay, said: “We wante

Samsung, the South Korean electronics corporation, has announced a standalone turnkey security solution to secure cryptocurrency transactions on smartphones and tablets. On May 26, it has been reported in a press release that the solution consists of a Secure Element (SE) chip S3FV9RR and “enhanced” software, as it is designed to secure the booting process, isolated storage, and mobile-based payments. However, the new SE chip is certified with Common Criteria (CC) EAL 6+ secu

A study by the Philippine Institute for Peace, Violence and Terrorism Research (PIPVTR) reveals that terrorist groups related to Islamic State (IS) in Southeast Asia have recently made their first transactions by using cryptocurrencies. On May 20, it has been reported that the funds are helping finance regional terror groups like the Jemaah Ansharut Dalauh and the Mujahideen Eastern Timur in Mindanao. However, the report detailed a money-laundering operation’s use of cryptocu

Securitize, a digital securities issuance platform has announced a new tool that assures that secondary market transaction of digital securities are compliant with regulations. On April 22, Securitize wrote a blog post highlighting that the platform uses smart contracts on the Ethereum blockchain while streamlining the creation of compliant peer-to-peer transactions by investors in private securities. CEO Carlos Domingo tweeted with a link on how to use Securitze’s instant ac

Square, a financial services and mobile payment company, thinks that it has found a way to turn fiat into crypto in real-time point-of-sale transactions. 🗣#Square is making some big moves that may have massive impact towards adoption – find out more below ! Full Article👉https://t.co/bXjBOahwMi#SMARTVALOR #crypto #cryptocurrency #tokenization — SMART VALOR (@smartvalorinc) January 23, 2020 On January 21, it has been reported that the United States Patent Office awarded Squ