Get the scoop on finance - sign up for mobile alerts
Altcoins
| On
December 4, 2018

Crypto Whales Move Billions in Bitcoin and Ethereum, Plus News on Ripple and XRP, Tron, IOTA, VeChain, NEO: Crypto News Flash

By Daily Hodl Staff

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

ADVERTISEMENT

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.

ADVERTISEMENT
Source: Blockchain.info

Ripple and XRP

Crypto exchange KuCoin has added XRP with eight trading pairs, including Bitcoin, Ethereum and Tether.

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.

ADVERTISEMENT

Tron

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 is currently ranked as the 26th largest cryptocurrency exchange in the world, according to CoinMarketCap.

NEO

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.

IOTA

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

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.

[the_ad id="42537"] [the_ad id="42536"]
&nbsp
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.