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Tag Archives: Transactions

Cryptocurrency Transactions: Immutable but not Irreparable

It is often said that transactions made on the blockchain are immutable: once the transaction is done, it is done. And in principle they are indeed immutable. Aside from security breaches, changes to the ledger are possible only if a predetermined fraction of the miners or block producers consent to …

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UAE, Saudi Arabia to Jointly Launch Cryptocurrency for Interbank Transactions

/latest/2018/12/uae-saudi-arabia-to-jointly-launch-cryptocurrency-for-interbank-transactions/ The central bank of the United Arab Emirates (UAE) is reportedly working on a blockchain-based cryptocurrency with the Saudi Arabian Monetary Authority (Sama). The cryptocurrency is set to be used for interbank transactions only. According to a report published by local news outlet Gulf News, the financial institutions will …

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UAE Central Bank, Saudi Arabia to Develop Joint Cryptocurrency for Interbank Transactions

The United Arab Emirates’ (UAE) central bank is collaborating with the Saudi Arabian Monetary Authority (SAMA) to issue a cryptocurrency accepted in cross-border transactions between the two countries. English-language Dubai-based media outlet GulfNews reported on this collaboration on Dec. 12. Mubarak Rashed Al Mansouri, the governor of the UAE’s central …

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Latest Mastercard patent filing covers anonymous blockchain transactions

Prolific patent filer Mastercard has applied for protection of yet another blockchain innovation—a platform that would allow anonymous blockchain transactions, using a somewhat familiar method. In what has been likened to a coin mixing or tumbling service, the patent application published by the U.S. Patent and Trademark Office (USPTO) describes …

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Coinbase Might Be Behind Those 856,000 BTC Worth of Transactions

Last week, it was reported that a Bitcoin whale had moved thousands of bitcoin into different wallet addresses. Between December 1 to December 6, 2018, the whale split 856,000 bitcoin between 107 wallets, sending an equal 8,000 BTC into each wallet. Speculators have formulated different hypotheses since the monstrous sum …

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MasterCard Files Patent For Completely Private Cryptocurrency Transactions

MasterCard has reportedly found a novel way of ensuring that cryptocurrency transactions remain private, the payments giant claims in its patent application. As per the patent application, the contents of which were published by the U.S. Patent and Trademark Office (USPTO) on Thursday, December 6, 2018, MasterCard lays forth a …

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The Number of Suspicious Cryptocurrency Transactions has Increased in Japan

Dec 10, 2018 at 16:23 // News As a decentralised technology, digital currency is often accused of being used for illegal purposes such as money laundering and tax evasion. As per the National Police Agency of Japan (NPA), crypto exchanges submitted almost 6,000 reports of suspicious trading in the period …

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Mastercard Applies For New Patent for Anonymous Blockchain Transactions – A Regulated Bitcoin Tumbler?

Mastercard, the company who have gone through the entire process of laughing, fighting, and then embracing Bitcoin (and then attacking it again), have applied for another new patent in the blockchain space. Their last one was in regards to — we’re not making this up — a fractional reserve crypto …

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Mastercard Files Patent for Blockchain Transactions Anonymization Method

Image via PxHere Mastercard has filed a patent application for a method to keep blockchain-based transactions anonymous. The patent application, published on Thursday, details a system of conducting transactions over a blockchain which obscures the source and destination of funds to increase anonymity of entities associated with blockchain addresses. The …

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WCX, the stock brokerage powered entirely by Bitcoin, just crossed $1 billion in transactions

Swiss-based WCX marks a new era in financial trading as a platform that lets you trade stocks, foreign currencies, cryptos, and more using just bitcoin – no fiat required. Started by ex-Apple engineers and launched in October, the platform has amassed over 130,000 traders and recently surpassed $1 billion in …

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