$1B in Bitcoin Moved in $87 Transaction: Efficiency and Security at Its Best

• On March 16, 2023, over 40,141 bitcoin (BTC) was moved in a single transaction worth $1.05 billion. • The cost of the transaction was just 0.000008285714285714285% of the transferred sum – only 333,000 satoshi worth about $87. • Bitcoin offers many advantages over traditional banking methods for large settlements, including lower costs and faster Read More

Coinbase Vows to Continue Staking Despite SEC Clampdown

• Coinbase has reaffirmed its commitment to offering staking services, regardless of the SEC’s stance on unregistered securities. • The exchange clarified that it does not provide a share of its staking rewards and may even expand its staking services. • Kraken recently reached an agreement with the SEC to pay a settlement of $30 Read More

Ripple Wins Supreme Court Battle, XRP Price Drops 3%

• The SEC filed a lawsuit against Ripple in 2020, accusing it of selling XRP tokens illegally. • Ripple recently submitted a letter to the US District Court citing a Supreme Court ruling in its favor for the fair notice defense. • The XRP community has expressed slight optimism about this development, but the token’s Read More