A lot happened in March and the whole cryptocurrency market experienced a pretty significant drop. As far as price trends are concerned, they are negative across the board. Even so, there is some positive news. Here we go!
Bitcoin mining alone consumes more electricity than some small countries, accounting for approximately 0.5% of global electricity usage. This stark reality highlights the crucial differences between proof of work vs proof of stake consensus mechanisms in blockchain technology.
Layer 2 solutions are protocols built on top of blockchain networks (Layer 1) like bitcoin or ethereum to enhance their scalability, speed, and cost efficiency.
KvaPay is your go-to source for the latest and most exciting news from Europe and around the world! Every month, you'll get the inside scoop on the most thrilling stories from the world of cryptocurrency. So, let's dive in!
Kvakomat is once again spreading its availability to our amazing customers and new machines were installed in the eastern parts of Hungary.
Traditional international wire transfers can eat up to 5 % of your transaction amount. You'll lose 500 EUR for every 10,000 EUR sent across borders.
Bitcoin's price surge beyond 100,000 USD in late 2024 has caught everyone's attention worldwide. The remarkable rally makes investors and analysts curious about where the cryptocurrency might go next. Several shareholders of major global stocks are now trying to persuade company boards to include bitcoin on their balance sheets.
KvaPay is your go-to source for the latest and most exciting news from Europe and around the world! Every month, you'll get the inside scoop on the most thrilling stories from the world of cryptocurrency. So, let's dive in!
We are pleased to announce that the KvaPay platform and the Kvakomat cryptocurrency ATM network now support operations with Binance Coin (BNB). Users can buy and sell BNB for cash through Kvakomat ATMs, as well as manage this cryptocurrency in their wallets on the KvaPay platform.
In January 2025, the Kvakomat cryptocurrency ATM network expanded its presence in Hungary by installing new devices in several cities.
DORA regulation represents a major transformation in cryptocurrency business operations across the European Union. This detailed regulatory framework sets strict operational resilience requirements that will revolutionize the digital asset world. Cryptocurrency platforms now merge more with traditional financial systems, making it crucial to understand DORA regulation's impact on operational processes, risk management strategies, and technology infrastructure.
Layer 2 solutions are protocols built on top of blockchain networks (Layer 1) like bitcoin or ethereum to enhance their scalability, speed, and cost efficiency. These solutions process transactions off the main blockchain while relying on the Layer 1 network for security and finality.