The rate of burning Shiba Inu (SHIB) tokens has reached a new record high, data from Shibburn shows. Over 55 million SHIB were sent to dead wallet addresses overnight, representing a 283% increase in the burn rate. According to the analysis of Shibburn data, more individual wallets are now involved
October 16, 2023 2 mins read
A false tweet claiming the SEC approved a Spot Bitcoin ETF by BlackRock ignited a brief crypto rally and over $100 million in liquidations across exchanges on Monday. Bitcoin spiked from $27,900 to over $30,000 following the fake report, which was posted on a Twitter account impersonating Financial News London.
October 16, 2023 1 min read
Billy Markus, who co-created the Dogecoin cryptocurrency back in 2013, revealed via Twitter this week that he had $500 stolen from him during a visit to Japan. However, he expressed equal dismay over both the theft and the cultural shame it elicited as a Japanese-American. In a series of tweets,
October 12, 2023 1 min read
According to whale monitoring resource Whale Alert, an unknown wallet transferred 23.7 million Ripple (XRP) valued at $11.5 million to major Latin American exchange Bitso on Wednesday. The large transfer occurred around 7:56 PM UTC on October 11th. Notably, the whale only spent a tiny fraction of XRP, around 0.000015
October 12, 2023 1 min read
Cardano founder Charles Hoskinson recently confirmed plans to enable stake pools to validate transactions on the new Midnight blockchain. During an Oct. 10th livestream with Midnight CEO Eran Barak, Hoskinson provided an update on the data privacy-focused network first unveiled at IOG’s 2022 summit. Midnight leverages innovative cryptography to enable
October 11, 2023 1 min read
On-chain analyst Lookonchain recently tracked two wallets withdrawing a combined 33.9 million USDT stablecoins from Circle and depositing them to major U.S. exchange Kraken. While the entity behind the wallets is unknown, Lookonchain suspects the same institution controls both addresses based on the precise timing of the USDT transfers. The
October 11, 2023 1 min read
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
