Crypto Whales Move Billions in Bitcoin and Ethereum, Plus News on Ripple and XRP, Tron, IOTA, VeChain, NEO: Crypto News Flash
From Bitcoin and Ethereum whales on the move to the expansion of XRP and Tron, here’s a look at some of the stories breaking in the world of crypto.
Bitcoin and Ethereum
Whales are stocking up on crypto in the bear market.
According to a new report from Diar, Ethereum whales spent 2018 amassing an historic amount of ETH.
“Active trading whales have accumulated more in 2018 than any period in Ethereum’s history despite the ongoing bear market. November closed with whales sitting on a whopping 80% increase versus the start of the year.”
Meanwhile, a Bitcoin whale just transferred over a quarter billion dollars worth of BTC. The transaction moved 66,233 BTC – worth about $265 million at time of writing – for an estimated fee of $44.
Ripple and XRP
Crypto exchange KuCoin has added XRP with eight trading pairs, including Bitcoin, Ethereum and Tether.
XRP (XRP) is now on KuCoin.
Users will enjoy 99% off the trading fees on XRP trading pairs (XRP/BTC, XRP/USDT, XRP/ETH, XRP/PAX, XRP/TUSD, XRP/USDC, XRP/KCS and XRP/NEO) from Dec 3, 18:00 to Dec 10, 2018, 23:59 (UTC+8).
— KuCoin Updates (@KuCoinUpdates) December 3, 2018
Meanwhile, Ripple just released an extended cut of its new interview with Omni CEO Thomas McLeod.
Omni is a sharing-economy platform that allows anyone to rent everyday items in their home to other people, in exchange for XRP.
— Ripple (@Ripple) December 3, 2018
The crypto exchange BitMart is listing Tron (TRX). So far, there is no date on when trading will begin, or which coins it will be paired with.
— BitMart.Exchange (@BitMartExchange) November 29, 2018
BitMart is currently ranked as the 26th largest cryptocurrency exchange in the world, according to CoinMarketCap.
NEO co-founder Erik Zhang is responding to a new report from security firm Tencent that says they’ve found a vulnerability in the blockchain that could give hackers a way to steal tokens.
As reported by Coinness, Zhang says typical NEO users were never in danger.
Software and hardware development company Riddle&Code says it will use IOTA’s distributed ledger in its line of products designed to power the Internet of Things (IoT).
The two companies say they will be “demonstrating an integration of their technologies that creates a secure identity on a hardware device using Riddle&Code’s Secure Element to initiate transactions on IOTA’s Tangle. Any appliance such as a smart meter can be connected to the device, for example, to measure energy consumption.”
VeChain has released the latest episode of its Deep Dive series introducing in-depth technical aspects of the platform.
The latest edition looks at what engineers need to build on the VeChainThor blockchain, and covers how VeChain plans to provide better infrastructure and guidance services for developers.