Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Wallets
Former Huobi Employees Implant Trojans in Wallets, Face 3Y Imprisonment
The post Former Huobi Employees Implant Trojans in Wallets, Face 3Y Imprisonment appeared first on Coinpedia Fintech News Chinese police revealed that four former Huobi employees implanted Trojans in wallets and stole user mnemonics and private keys. Later they destroyed the server and database and agreed to use these private keys to illegally obtain users’ virtual currency two years later. They obtained more than 27,000 mnemonics and more than 10,000 private keys and successfully converted more than 19,000 digital wallet…
11 months ago
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WalletsWHY So High? New Wallets Pump $WHY to the Moon!
The post WHY So High? New Wallets Pump $WHY to the Moon! appeared first on Coinpedia Fintech News The price of $WHY has hit a new all-time high, pushing its market cap over the $100 million mark. Significant activity involving newly created wallets withdrawing $BNB from Binance to purchase $WHY tokens has been observed. One wallet, 0x6387, withdrew 83.5 $BNB (equivalent to $50,000) and bought 208.23 billion $WHY. Another wallet, 0x35bD, withdrew 55 $BNB (worth $33,000) and acquired 140.56 billion…
11 months ago
MakerDAO Wallets Continue Strategic Sales of $MKR on Binance
The post MakerDAO Wallets Continue Strategic Sales of $MKR on Binance appeared first on Coinpedia Fintech News MakerDAO’s community has seen substantial $MKR token movements recently. Recent Deposits: 5,750 $MKR ($16.76M) deposited to Binance in the last three days. Ongoing Sales: Since April 24, 18,900 $MKR ($53.83M) sold at an average price of $2,848. Current Holdings: 8,905 $MKR ($26M) still held by these wallets. This suggests a calculated strategy for liquidating their holdings while maintaining a substantial reserve.
11 months ago
Mysterious 150 Million XRP Moved Between Two Wallets
The post Mysterious 150 Million XRP Moved Between Two Wallets appeared first on Coinpedia Fintech News A Mysterious transfer of 150 million XRP between Ripple and an unknown address has caught the attention of the community as Whale Alert reported this significant movement. The recipient address, ‘rP4X2h’, linked to the alleged Ripple wallet, was initially activated in 2023, with a transfer of 70 million XRP. Before this transaction, the address already held 103.4 million XRP. After receiving an additional 200…
11 months ago
Future-Proofing Your Crypto Wallets for New Market Trends
The crypto landscape changes at breakneck speed. Staying ahead means adapting your wallets to handle new trends and technologies. It is not just about holding coins anymore; interoperability, security, and NFT support now matter too. You want a wallet that can evolve with the market. Think about integrating multi-chain compatibility or ramping up on cutting-edge security protocols like MPC (multi-party computation). Don’t overlook the growing world of NFTs either – your future self will thank you for it. This guide…
11 months ago
Bitcoin Price Crash Is Buy Opportunity As Wallets Holding 10+ BTC Reaches New ATH
Bitcoin continues to be incredibly bearish amid negative market headwinds but that has not stopped investors from taking their positions during this time. These large investors who are holding more than $600,000 worth of Bitcoin have been accumulating BTC at an accelerated rate over the last six months. Bitcoin Holders Increase Wallet Holdings On-chain data tracking platform, Santiment, recently revealed that Bitcoin investors have been increasing their holdings over the last six months. According to the report posted on X…
11 months ago
ZKsync to Airdrop 3.6 billion ZK Tokens To Eligible Wallets Next Week
The ZKsync Association has announced that it will airdrop 3.675 billion ZK tokens to eligible early users and adopters of ZKsync, the Ethereum Layer2 network, next week. Around 695,232 wallets are eligible for the airdrop, with Matter Labs CEO stating the airdrop will reward “real people first.” ZKsync Set For Airdrop The 3.6 billion ZK tokens represent 17.5% of the total 21 billion ZK tokens supply. ZKsync stated that the airdrop will be a one-time airdrop, with users able to…
12 months ago
Zksync Plans To Distribute 3.68 Billion ZK Tokens To 695K Wallets Next Week!
The post Zksync Plans To Distribute 3.68 Billion ZK Tokens To 695K Wallets Next Week! appeared first on Coinpedia Fintech News Ethereum Zero-knowledge (ZK) Layer-2 Scaler (ZkSync) plans to airdrop 3.68 Billion (17.5% of the total supply) to 695,232 eligible wallets during the upcoming week. The project has allotted the res to initiatives, its team, investors, and the token assembly. With a current trading price of around $0.71 on the pre-perpetual exchanges Aevo and PancakeSwap, the token is predicted to…
12 months ago
Coinbase Launches Smart Wallets To Simplify Crypto Onboarding
Coinbase has introduced “smart wallets” to simplify the crypto onboarding process by eliminating high fees and complex processes generally associated with traditional crypto wallets. Coinbase hopes to onboard over a billion users by offering simplified gasless transactions and multi-chain support through the new offering. Smart Wallets Coinbase introduced the “smart wallets” campaign on the 5th of June, 2024, promising a hassle-free transition to blockchain operations by integrating with a host of applications and offering support for networks such as Base…
1 year ago