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Money Transfers – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Wed, 17 Jul 2024 07:48:36 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Money Transfers – DIGIT INFO https://www.digit.info 32 32 Degen Chain user loses 90% funds during bridge transfer https://www.digit.info/degen-chain-user-loses-90-funds-during-bridge-transfer/ Wed, 17 Jul 2024 07:48:36 +0000 https://www.digit.info/degen-chain-user-loses-90-funds-during-bridge-transfer/

A bug on Degen Chain’s service providers leads to significant user fund loss, sparking criticism on the layer 3 ecosystem.

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Ripple, Onafriq partner for new payment corridors for Africa, UK, Australia and Gulf https://www.digit.info/ripple-onafriq-partner-for-new-payment-corridors-for-africa-uk-australia-and-gulf/ Wed, 08 Nov 2023 04:15:14 +0000 https://www.digit.info/2023/11/08/ripple-onafriq-partner-for-new-payment-corridors-for-africa-uk-australia-and-gulf/

The deal aims to enable faster, cheaper payments between 27 African countries, working with three Onafriq partners.

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Making real-world blockchain solutions possible — Solana co-founder Raj Gokal https://www.digit.info/making-real-world-blockchain-solutions-possible-solana-co-founder-raj-gokal/ Tue, 05 Sep 2023 13:01:00 +0000 https://www.digit.info/2023/09/05/making-real-world-blockchain-solutions-possible-solana-co-founder-raj-gokal/

Web3 has had its ups and downs over the last few years, but does it have any real-world use cases?

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Tornado Cash dev Alex Pertsev set to be released from prison under surveillance https://www.digit.info/tornado-cash-dev-alex-pertsev-set-to-be-released-from-prison-under-surveillance/ Thu, 20 Apr 2023 11:34:56 +0000 https://www.digit.info/2023/04/20/tornado-cash-dev-alex-pertsev-set-to-be-released-from-prison-under-surveillance/

The Tornado Cash developer was arrested in August 2022 by Dutch authorities as part of a criminal investigation against the crypto mixer service.

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Banks with crypto services require new Anti-Money Laundering capabilities https://www.digit.info/banks-with-crypto-services-require-new-anti-money-laundering-capabilities/ Thu, 09 Mar 2023 14:41:00 +0000 https://www.digit.info/2023/03/09/banks-with-crypto-services-require-new-anti-money-laundering-capabilities/

Large financial institutions are getting involved in digital assets by investing capital, time and effort into on-chain analytics solutions.

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Crypto adoption via regulation: Setting rules for centralized exchanges https://www.digit.info/crypto-adoption-via-regulation-setting-rules-for-centralized-exchanges/ Tue, 01 Nov 2022 13:01:00 +0000 https://www.digit.info/2022/11/01/crypto-adoption-via-regulation-setting-rules-for-centralized-exchanges/

While some security issues do exist, major internet outages like the one witnessed across the EU recently cannot really threaten cryptocurrencies or their associated networks.

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9 years after the first Bitcoin ATM, there are now 38,804 globally https://www.digit.info/9-years-after-the-first-bitcoin-atm-there-are-now-38804-globally/ Mon, 31 Oct 2022 06:04:42 +0000 https://www.digit.info/2022/10/31/9-years-after-the-first-bitcoin-atm-there-are-now-38804-globally/

From one Candian coffee shop to a worldwide network of nearly 39,000, crypto ATMs have turned nine years old and are only expected to continue growing.

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Crypto’s adaptability, openness key to ideal monetary system, say BIS execs https://www.digit.info/cryptos-adaptability-openness-key-to-ideal-monetary-system-say-bis-execs/ Sat, 03 Sep 2022 05:45:49 +0000 https://www.digit.info/2022/09/03/cryptos-adaptability-openness-key-to-ideal-monetary-system-say-bis-execs/

Some of the biggest flaws preventing present-day cryptocurrencies from mainstream adoption, pointed out by the BIS execs, are bottleneck congestion in DeFi and the reliance on volatile assets.

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MoneyGram to open transfer platform with Stellar, eyes wallet deal in El Salvador https://www.digit.info/moneygram-to-open-transfer-platform-with-stellar-eyes-wallet-deal-in-el-salvador/ Mon, 30 May 2022 19:30:00 +0000 https://www.digit.info/2022/05/30/moneygram-to-open-transfer-platform-with-stellar-eyes-wallet-deal-in-el-salvador/

MoneyGram CEO Alex Holmes said the international remittances stalwart wants to be a bridge between the crypto and fiat worlds.

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WEF 2022: Bankers at WEF see the need for caution and speed on central bank digital currencies https://www.digit.info/wef-2022-bankers-at-wef-see-the-need-for-caution-and-speed-on-central-bank-digital-currencies/ Mon, 23 May 2022 20:45:00 +0000 https://www.digit.info/2022/05/23/wef-2022-bankers-at-wef-see-the-need-for-caution-and-speed-on-central-bank-digital-currencies/

Experts point out sticking points as well as greatest needs in the creation of central bank digital currencies for domestic and cross-border, wholesale and retail, uses.

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