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On january 19th, a whale moved 6,314 BTC worth $130,868,521 from one unknown wallet to crypto exchange Binance, according to Whale Alert. Another whale moved 3,336 BTC worth $69,226,236 from one unknown wallet to crypto exchange Binance.
Three separate transactions are moving a total of 332,194,839 XRP valued at about $129,501,410 million.
More info: https://bit.ly/3ZQfcTl
The person that exploited Solana-based decentralized exchange Raydium has sent $2.7 million in ethereum to now-sanctioned coin mixing protocol Tornado Cash. Transaction logs on etherscan show that a wallet tagged as "Raydium Exploiter" sent a total of 42 tranches totaling 1,774.5 ETH to Tornado Cash on Thursday.
More info: https://bit.ly/3GRMskD
Multi-chain wallet BitKeep has announced it will issue full refunds to victims of a hacking incident which took place in December, costing the project around $8 million.
More info: https://bit.ly/3ZQrqvh
The firm held private discussions with different creditor groups, Bloomberg reported on Thursday. The lending unit has been reeling from the collapse of FTX, where it had $175 million in locked funds, and had warned potential investors about bankruptcy if it couldn’t raise fresh capital.
More info: https://bit.ly/3QXofhy
National Australia Bank (NAB) is launching a fully backed stablecoin called AUDN. The stablecoin will launch on the Ethereum network and Algorand blockchain, a smart contract platform similar to Ethereum. NAB plans to launch the stablecoin sometime mid-year.
More info: https://bit.ly/3D0wyDj
FTX US identified about $180 million, over half of which were already gone. As the bankruptcy and restructuring saga of FTX and its affiliated entities continues to unfold, more and more instances of assets being transferred off of the exchange come to light.
More info: https://bit.ly/3HdpMNb
Crypto exchange Coinbase has paused its business in Japan and has advised customers to withdraw their assets from the platform, the company announced on Wednesday.
Coinbase Japan customers have until Feb. 16 to withdraw their assets. Users can choose to withdraw their funds in either fiat or crypto, the announcement stated. Those who fail to do so after Feb. 17 will have to liaise with Japan’s Legal Affairs Bureau — the country’s civil administrative office.
More info: https://bit.ly/3wffGFf
Web3 gaming platform Intella X raised $12 million ahead of an upcoming launch on Polygon. Intella X was developed by South Korean gaming firm Neowiz in partnership with Polygon.
More info: https://bit.ly/3Hb5qEg
Binance will perform wallet maintenance for Tron Network (TRX) and Stellar Lumens Network (XLM) at 2023-01-18 07:00 (UTC). The maintenance will take about one hour and three hours respectively.
More info: https://bit.ly/3kr1JS0
The BoA’s analysts led by Alkesh Shah have singled out central bank digital currencies (CBDCs) and stablecoins as a the natural evolution of money and a significant factor in how money will be defined in the future.
More info: https://bit.ly/3wcurbY
According to Blockworks Research, the Polygon’s hard fork will result in lower transaction fees and refine the security of blocks. It went live at approximately 4:00 a.m. ET at block height 38,189,056.
More info: https://bit.ly/3we7bKk
Binance’s statement informed that it has removed 2.064 million BNB from circulation, worth almost $620 million at today’s prices.
More info: https://bit.ly/3IOox8m
In the last 10 days, the large whales have finally reversed their trend and have been buying instead, as their holdings have risen by 37,100 BTC. It’s because of this accumulation that Bitcoin was able to make a rapid sustained breakout above higher levels recently.
More info: https://bit.ly/3kkdwRW
The hackers transferred 41,000 ETH ($63.5 million) through over 350 different addresses in the past few days, said ZachXBT, who aggregated on-chain data and identified these suspicious transactions.
More info: https://bit.ly/3H89x3I
Iran is working with Russia to create a “token of the Persian Gulf region” that would serve as a payment method in foreign trade, Russia’s news agency Vedomosti reported on Jan. 15. The token is projected to be issued in the form of a stablecoin backed by gold.
More info: https://bit.ly/3GIlWu4
SHIB developers shared information about layer-2 blockchains and highlighted that Shibarium is being built to provide a tool to allow the community to build and grow the project and fulfill its founder’s vision. While some believe that the creation of Shibarium is a way to increase the meme token’s price, the developers noted that this wasn’t the goal.
More info: https://bit.ly/3wpGkvj
The U.S. House of Representatives has created a new congressional subcommittee focused on digital assets, as one of its first moves under the control of the Republican Party, Congressman Patrick McHenry said on Thursday.
The new subcommittee will provide rules for federal regulators on the topic of digital currencies, develop policies to promote digital financial technology and strengthen diversity and inclusion in the industry, according to a Thursday press release.
More info: https://bit.ly/3WgouoX
The cannabis nursery, known as Mendocino Clone Company, was named in a partnership announcement from the EMTRI project and tech firm Global Compliance Applications on Jan. 13.
It will be harnessing the project’s blockchain capabilities to certify all clones, or baby plants, with a batch certificate.
More info: https://bit.ly/3IPyHFG