Transaction

A cryptocurrency transaction is a financial agreement carried out between a buyer and a seller to exchange an asset for payment (bitcoin, altcoin, or any other cryptocurrency token).

The blockchain technology is used to verify and record Bitcoin transactions. It allows buyers and sellers to connect directly, eliminating the need for a middleman, and to prevent double spending. 

Read more on the cryptocurrency and blockchain transaction on Coinidol.com:

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"You Are Wrong": Elon Musk Denies Using His Influence To Profit From Dogecoin Trading
Jun 19, 2023 at 09:39
News
"You Are Wrong": Elon Musk Denies Using His Influence To Profit From Dogecoin Trading
Elon Musk denied claims of owning cryptocurrency wallets allegedly used for transactions with the cryptocurrency Dogecoin (DOGE).
A Foreigner Set Up An Cryptocurrency Exchange In Belarus, But Not For Long
May 03, 2023 at 12:10
News
A Foreigner Set Up An Cryptocurrency Exchange In Belarus, But Not For Long
A foreigner who organized an illegal cryptocurrency exchange in Belarus will be fined, and the court will require that all funds received go to the state treasury.
ETH Price Prediction for 2023 and Vitalik Buterin's Adoption of Ethereum Improvement Proposal
Jan 06, 2023 at 11:30
News
ETH Price Prediction for 2023 and Vitalik Buterin's Adoption of Ethereum Improvement Proposal
Ethereum (ETH) price forecast is bullish, but $1,260 is a strong resistance level that will limit the uptrend.
A Hacker Fails to Perform a Bridge Hack, Losing 5 ETH
Aug 23, 2022 at 11:12
News
A Hacker Fails to Perform a Bridge Hack, Losing 5 ETH
On August 22, 2022, an unknown hacker tried to break the NEAR/ETH Rainbow Bridge. However, the hack was blocked, protecting users' money. It also cost the criminal around 5 ETH (~$8,000).
Around $2 Billion was Stolen in Cross-Chain Bridge Hacks in 2022; Half of the Funds Went to North Koreans
Aug 09, 2022 at 10:39
News
Around $2 Billion was Stolen in Cross-Chain Bridge Hacks in 2022; Half of the Funds Went to North Koreans
Cross-chain bridge transactions are considered to be the weakest point of blockchain. This flow cost users about $2 billion in the first half of 2022.
Quadrans Lists on June 20th on P2PB2B
Jun 24, 2022 at 10:39
News
Quadrans Lists on June 20th on P2PB2B
Quadrans: What is it?
UK Refutes EU Regulation to Monitor Unhosted Digital Wallets
Jun 22, 2022 at 10:40
News
UK Refutes EU Regulation to Monitor Unhosted Digital Wallets
The United Kingdom has declined to implement a European Union rule requiring EU governments to monitor transactions on non-hosted digital wallets. The UK preferred to monitor transactions above a certain minimum amount to ensure compliance with financial regulations.
Washington DC Based Crypto Think Tank Sues US Treasury and IRS over 'Illegal' Cryptocurrency Spying
Jun 14, 2022 at 13:20
News
Washington DC Based Crypto Think Tank Sues US Treasury and IRS over 'Illegal' Cryptocurrency Spying
A cryptocurrency community has sued both the US Treasury Department and IRS over allegations of financial espionage against its members. The crypto community claims that Section 6050I's reporting requirements violate its rights. According to the group, Section 6050I violates both the First Amendment and the Fifth Amendment to US laws.
How Gaming and Online Casino Promote the Use and Popularity  of Cryptocurrency
May 19, 2022 at 11:20
News
How Gaming and Online Casino Promote the Use and Popularity of Cryptocurrency
The world of online gambling is growing faster every time. Statistics show that there are an estimated 1 billion online gamers around the world, with the largest numbers found in China, South Korea, and Japan. According to projections, the number of players will reach 1.3 billion in 2025.
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