Dogecoin has seen a divergence between lackluster prices and a spike in whale activity amid the latest crypto sell-off. Data from IntoTheBlock shows Dogecoin whale transactions jumped 49.6% to $1.32 billion over 24 hours as of October 10th. This contrasts with a 22% drop in trading volumes to $153.7 million
October 10, 2023 1 min read
Crypto tracker Whale Alert recently detected two massive XRP transactions totaling nearly 60 million tokens worth over $59 million. The transfers were sent from a wallet linked to Ripple Labs to the digital asset exchanges Bitstamp and Bitso. Each transaction carried over 29 million XRP. Ripple has moved large sums
October 10, 2023 1 min read
Shiba Inu is registering a surprising surge in large-holder inflows even as its price declines amid a wider crypto market selloff. According to on-chain analytics firm IntoTheBlock, SHIB saw whale inflows explode from 169 billion on October 7 to nearly 3 trillion on October 8—a 1,587% spike. Large inflows can
October 9, 2023 1 min read
Blockchain tracker Whale Alert detected the transfer of nearly 90 million XRP tokens worth over $45 million recently. The shifts come as new possibilities emerge in the long-running Ripple lawsuit following a denied appeal bid. According to Whale Alert, Ripple transferred 60 million XRP valued at $31 million to an
October 9, 2023 1 min read
Ripple, the 5th-largest cryptocurrency, could be gearing up for a rally, according to some analysts weighing market risk factors. Glassnode co-founder Negentropic recently tweeted that the current volatile crypto environment may set up willing risk-takers for gains in large-cap coins, including Ripple. He cited declining risk levels similar to those
October 8, 2023 1 min read
Shiba Inu has seen a massive drop in large network transactions and overall whale activity in recent weeks. According to data, significant transactions have fallen to just 20, marking one of the most inactive periods for the meme coin’s larger holders. The decline coincides with Shiba Inu’s lackluster price performance.
October 8, 2023 1 min read
Payments technology firm Ripple took home top honors at the recent PAY360 Awards organized by the Payments Association. Ripple won the “Best Use of Digital Currencies/Assets in Financial Services” category for its pioneering work with digital assets in finance. The PAY360 Awards recognize achievements and innovation across the payments industry.
October 5, 2023 1 min read
A group of employees at FTX’s U.S. division discovered a backdoor in the crypto exchange’s systems that gave its trading arm, Alameda Research, special privileges, the Wall Street Journal reported. Citing people familiar with the matter, the WSJ said the employees came across code while examining FTX’s international platform that
October 5, 2023 2 mins read
Ethereum layer-2 Polygon took a significant step toward its highly anticipated 2.0 upgrade this week with the deployment of native token POL on the Goerli testnet. MATIC co-founder Mihailo Bjelic announced the activation, calling it a milestone in realizing the planned upgrades that will transition Polygon to a new modular
October 4, 2023 1 min read
Jaynti Kanani, an original co-founder of the leading layer-2 network Polygon, announced this week that he has resigned from his key leadership duties to pursue other opportunities. In a tweet, Kanani said that after kickstarting Polygon in 2017, he decided around 6 months ago to step back from the “day-to-day
October 4, 2023 1 min read