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September 5, 2018

Crypto News Flash: Bitcoin (BTC), Ethereum (ETH), Tron (TRX), VeChain (VET), Waltonchain (WTC), NEO

By Daily Hodl Staff

From a mysterious Bitcoin whale to a big partnership at VeChain, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin (BTC)

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A long dormant wallet with $800 million worth of Bitcoin is suddenly active after a four-year hiatus.

So far, 11,114 BTC worth $80 million has been transferred to a Bitfinex wallet in roughly seven days, from August 24 – September 2, and 4,421 BTC worth $32 million has been sent to Binance in roughly 10 days, from August 21 – September 2.

Theories about the wallet abound, including whether it’s linked to the now-defunct Silk Road, which got shut down by the FBI in October 2013, or the crypto exchange Mt. Gox, which collapsed in March 2014.

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Ethereum (ETH)

Wirex has just launched support for Ethereum.

The platform gives people in Europe an easy way to spend their crypto using Visa and MasterCard. Users can now buy, sell, exchange and deposit ETH directly into their Wirex wallets.

Waltonchain (WTC)

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Waltonchain has released the 2.0 version of its whitepaper, fleshing out the company’s vision for the future.

“Waltonchain White Paper 2.0 is a periodic report of the technologies and applications related to the innovative Value Internet of Things (VIoT) concept proposed by Waltonchain. It reveals the new concept of ‘Chain Cluster’: the secondary value reorganization of the ecosystem which further enriches the whole Waltonchain ecosystem order to form a larger business ecosystem; it puts forward several major technological superiorities such as PoL, WPoC and the smart contracts with data customization support.”

Tron (TRX) and NEO

It turns out Tron wasn’t the only crypto-related company trying to purchase BitTorrent.

NEO offered $170 million to buy the decentralized file sharing platform, which is more than the rumored $120 million Tron ended up paying. In the end, BitTorrent concluded that NEO’s offer was “not more favorable to the company and its shareholders,” reports CoinDesk.

Vechain (VET)

VeChain says it’s partnering with one of the biggest car brands in China. BYD will launch its carbon banking solution on the VeChainThor public blockchain platform.

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