A Bitcoin (BTC) wallet address that has been dormant for approximately six years recently awoke, transferring 2.9K+ BTC tokens valued at $82 million to different addresses. According to on-chain data, the Bitcoin address received a total of 3,200 BTC coins on May 7, 2016. This Bitcoin was transferred when the asset’s spot price was pegged…
Ripple’s rival Quant Network introduces a new innovative solution to make blockchain-based transactions more secure for banks. Quant Network has announced the launch of a new solution that makes blockchain-based transactions more secure for financial institutions. Dubbed Overledger Authorise, the technology addresses a major problem faced by banks. Quant Network noted in a press release today…
The Ethereum Foundation, a non-profit supporting the development of the Ethereum network, recently lost over $9,000 to an MEV bot when it sold ETH for $2.7 million. Recall that the Ethereum Foundation sold off precisely 1,700 ETH tokens for $2.7 million in USDC yesterday at 08:18 (UTC), as previously reported by The Crypto Basic. This selloff raised…
The XRP and the border crypto communities may see another chance to invest in Ripple equity before the prominent payment firm eventually goes public with an initial public offering (IPO). A senior executive at the pre-IPO investment platform, Linqto, has proclaimed that the company is considering reopening the gates for intending investors to buy Ripple…
Renowned market analyst Ali Martinez has predicted a potential 5% correction in the price of Bitcoin (BTC). Ali made this forecast in his recent analysis. He posted a chart showing the BTC/USD pair in the 2-hour timeframe, with the coin displaying a “breakdown from a symmetrical triangle,” an indication of a bearish turn. Making Meaning of Current…
Shytoshi Kusama, the enigmatic leader of the Shiba Inu development team, has confirmed speculations concerning the coming of a new SHIB-themed publication. For context, the hint about the Shiba Inu publication erupted following Kusama’s long thread titled “A Bark of Peace on Deaf Ears” on the X platform over the weekend. At the end of…
Crypto Asset Guy, a popular influencer in the digital currency ecosystem, has revealed 20 reasons he’s all sold out on XRP. One of the reasons, he said, is that XRP doubles as the only “digital asset in the US with legal clarity” and which has been “officially declared not a security.” 20 reasons why I’m mega…
Fox Business journalist Eleanor Terrett says Ripple is searching for a new CFO following the departure of Kristina Campbell. In a recent tweet shared by Fox Business journalist Eleanor Terrett, Ripple Labs has commenced the search for a new Chief Financial Officer (CFO). 🚨NEW: @Ripple confirms it has launched the search for a new CFO….
Binance removes the XRP/BUSD liquidity pool while expanding support for the cryptocurrency by adding the XRP/FDUSD trading pair on cross and isolated margins. Binance, the world’s largest crypto exchange by 24-hour trading volume, has announced the removal of the XRP/BUSD liquidity pool on the Binance Liquid Swap. The top exchange made this known in a blog…
The prominent US-based exchange Uphold, known for its support of XRP, has unveiled an exciting opportunity for traders on its platform. Specifically, Uphold proclaimed its intention to give out 10,000 XRP tokens to one lucky trader in its “October XRP Sweepstakes” promotion. Uphold communicated the promotional offer via its verified X account and official website….