The hottest Transactions Substack posts right now

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The Timberwolves sale is one of the most unique transactions in sports history

Huddle Up • 20 implied HN points • 11 Feb 25
🎾 Sports Ownership Transactions Basketball Investments
  1. Alex Rodriguez and Marc Lore are set to buy the Minnesota Timberwolves, and they'll see a huge $1.5 billion increase in value right away.
  2. A dispute over the sale led to an arbitration ruling that supports Rodriguez and Lore against the current owner, Glen Taylor.
  3. Rodriguez and Lore are expected to be approved as owners soon, making this one of the most unusual deals in sports history with a lot of drama behind it.

Using Tenderly Simulator To Spot Fake Transactions (And Security Reminder)

DeFi Education • 419 implied HN points • 25 Jun 24
🔮 Crypto Blockchain Security DeFi Transactions Hacking
  1. Using the Tenderly Simulator can help you identify fake transactions in the crypto space. It's a useful tool to double-check if a transaction is legitimate or a scam.
  2. Recently, a security issue caused many wallets to be drained and led to scam notifications being sent out. This highlights the importance of security measures in crypto wallets.
  3. It's always a good idea to review security practices regularly to protect your crypto assets. Staying informed can help prevent falling victim to scams.

Upgraded Multisig Wallets are LIVE on Ronin!

Ronin’s Newsletter • 49 implied HN points • 12 Dec 24
🔮 Crypto Wallets Security Blockchain Transactions Technology
  1. Ronin has upgraded its multisig wallets, now powered by Safe, which is a trusted provider in the industry. This means users can create and manage safer wallets for their transactions.
  2. The integration offers a better user interface and allows users to batch multiple transactions more efficiently. This makes it easier to manage and send tokens through Ronin.
  3. Existing users don't need to do much; most will see their wallets automatically updated. However, some with pending transactions may need to complete an extra step to finalize those.

Proto-Danksharding

DeFi Education • 599 implied HN points • 26 Aug 23
🔮 Crypto Blockchain DeFi Ethereum Transactions Scalability
  1. Proto-Danksharding is a new feature for Ethereum that helps lower transaction costs and provides temporary data storage. This makes it cheaper and faster for Layer 2 solutions to function.
  2. High transaction costs are a major hurdle for DeFi, limiting its growth. By making transactions cheaper, it can attract more users and enable smoother operations.
  3. The collaboration between Optimism and Base aims to share transaction revenues, which could boost their performance and value in the future, benefiting both projects.
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DeFi Security: Best Practices + Security Q&A

DeFi Education • 1558 implied HN points • 12 Mar 22
🔮 Crypto Security Transactions Identity Technology Education
  1. Keep your devices secure to protect your digital assets. Always use strong passwords and enable two-factor authentication.
  2. Be careful with transactions and double-check before sending money or sharing information. Mistakes can be costly in the DeFi space.
  3. Protect your identity online to avoid scams. Use unique details and strong security practices to stay safe.

Signing Transactions with an Offline Computer

DeFi Education • 559 implied HN points • 05 Feb 23
🔮 Crypto Blockchain Security Wallets Transactions DeFi
  1. Using an offline computer, known as an airgapped computer, can help securely sign crypto transactions. This reduces risks from online threats.
  2. You can set up transactions on one device and sign them on another without exposing your private keys. This method is safer for handling your assets.
  3. Always verify any software you download to ensure it's safe. This can help protect your transactions from potential malware.

Railgun: Hide Your DeFi Private Parts

DeFi Education • 939 implied HN points • 10 Feb 22
🔮 Crypto Blockchain DeFi Privacy Transactions Finance
  1. DeFi transactions are public, which can expose your entire financial history. This means it's easy for anyone to see what you've been doing financially.
  2. Using the same device for different tasks can link your real identity to your DeFi activities, even if you think you're being anonymous.
  3. Railgun is a tool designed to help protect your privacy in DeFi, allowing you to manage your transactions more discreetly.

Most Bitcoin Inscriptions belong to a single person or entity

block21m • 159 HN points • 28 May 23
🔮 Crypto Bitcoin Blockchain Transactions Market Vulnerabilities
  1. 80% of Bitcoin inscriptions since March 2023 are controlled by a single person or entity with a specific public key
  2. This entity has influenced the blockchain significantly by controlling 64% of all inscriptions with a transaction fee total of 1056 BTC
  3. This high level of control showcases a vulnerability in the blockchain that could be exploited by entities with large amounts of Bitcoin

Tiers of Transaction Finality for Rollups

Cryptocurrency and Friends • 58 implied HN points • 21 Feb 23
🔮 Crypto Blockchain Rollups Transactions Execution Cryptocurrency
  1. In rollup transactions, finality occurs in three stages: Sequencer's Promise, Order Finality, and Execution Settlement.
  2. The Sequencer promises correct transaction execution, the bridge determines final transaction order, and Executors verify and enforce execution.
  3. Separating transaction ordering from execution allows for quick order finality and potential delays in execution settlement in rollup transactions.

Alert: Central Bank of Nigeria Circular BKS/DIR/CIR/GEN/001/001

RegAlert • 0 implied HN points • 09 Jun 23
💰 Finance Banking Regulations Compliance Transactions
  1. Financial institutions in Nigeria must stop using old cheques and follow the new Nigeria Cheque Standards 2.0 by December 31, 2023, or face penalties.
  2. The change is due to the Revised Nigeria Cheque Standard (NCS) and Nigeria Cheque Printers Accreditation Scheme (NICPAS) 2.0 to ensure compliance and uniformity.
  3. Instructions are provided for financial institutions to download and implement Circular BKS/DIR/CIR/GEN/001/001 from the Central Bank of Nigeria website.

Alert: Central Bank of Nigeria Circular CPD/GEN/GUIDE/01-2020

RegAlert • 0 implied HN points • 27 Jan 22
💰 Finance Regulations Banking Financial Institutions Charges Transactions
  1. Revised guide from Central Bank of Nigeria on bank charges includes lower fees for electronic transactions and aligning other charges with market trends.
  2. New sections added to the guide emphasize accountability, responsibility, and a sanction regime for dealing with excessive, unauthorized, and random charges.
  3. Financial institutions are required to comply with the updated guide starting from January 1, 2020.

Alert: Central Bank of Nigeria Circular PSM/DIR/CON/INM/018/122

RegAlert • 0 implied HN points • 06 Dec 22
💰 Finance Banking Regulation Transactions Guidelines
  1. The Central Bank of Nigeria reminds certified payment acceptance devices to accept all transactions from any Nigerian bank's cards.
  2. Acquirers and service providers should remain neutral and not show favoritism towards any specific card brand.
  3. The Circular emphasizes the importance of interoperability and interconnectivity to ensure fair access to electronic payment channels in Nigeria.

Alert: Central Bank of Nigeria Circular FPR/DIR/PUB/CIR/001/031

RegAlert • 0 implied HN points • 31 Dec 21
💰 Finance Regulations Banks Transactions Compliance
  1. Financial institutions in Nigeria must conduct thorough due diligence on customers before opening accounts and monitor transactions for suspicious activities.
  2. These institutions are required to keep transaction records for at least five years and report any suspicious transactions to the appropriate authorities.
  3. Clients are mandated to provide valid identification and comply with all specified regulations and guidelines when dealing with financial institutions in Nigeria.