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Dormant Bitcoin Wallets From 2010-2017 Transfer $294M in June


Long-time bitcoin holders moved a total of 4,681.438 BTC, worth $294 million, from dormant wallets dating from 2010 to 2017. The most significant activity was from addresses created in 2016, with 2,442.302 BTC exchanged across 14 transactions. 4,681 BTC Moved From Long-Inactive Wallets While...

Solana’s Stablecoin Transfer Volume Drops Drastically Amid Scrutiny


According to stablecoin transfer volume metrics divided by blockchain, Solana’s daily transfer volume has decreased from a range of $75 billion to $100 billion daily to around $7 billion daily. Additionally, a crypto advocate expressed doubts about the legitimacy of Solana’s previous...

US Government Transfers $243 Million in Seized Bitcoin to Coinbase


On June 26, 2024, the U.S. government transferred 3,940 bitcoins, valued at $243 million, originating from a darknet market dealer. This batch of BTC was directed to an exchange address tagged as Coinbase. U.S. Law Enforcement Moves 3,940 Bitcoin The U.S. government executed this transfer of 3,940...

Whales transfer over 52M XRP to exchanges amid price recovery


XRP is showing signs of price recovery by hovering within a defined range. This is a good signal, as the token aims for a higher milestone and the XRP lawsuit nears its settlement. In this scenario, two transactions stand out. Their collective transfer to centralized exchanges amounts to more than...

Dormant Bitcoin Address Awakens After a Decade, Moves $9.8 Million in BTC


May has emerged as a notable month for ‘sleeping bitcoin’ transactions, with a long-dormant address, inactive for ten years and six months, awakening on May 28 to move 145.89 BTC, valued at $9.8 million. Over $109 Million in Bitcoin From 2013 Moved in May After a much quieter April...

UK Digital Bank Blocks Clients From Performing Crypto Transactions


The London-based digital bank Kroo has barred its clients from engaging in cryptocurrency transactions, joining other U.K.-based banks in this decision. The bank cites the increasing cases of online fraud incidents involving cryptocurrencies as the reason for this move. Kroo to Decline...

After Half a Decade, Mt. Gox Initiates $2.9B Bitcoin Transfer


Defunct crypto exchange Mt. Gox transferred about 42,829 Bitcoin, valued at roughly $2.9b, to a new wallet according to data from Arkham Intelligence. Bitcoin’s price dropped slightly to $67,787 after reaching a high of $70,600 on Monday. The post After Half a Decade, Mt. Gox Initiates $2.9B...

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