From millions in XRP, Bitcoin, and Ethereum on the move to a new milestone on the Lightning Network, here’s a look at some of the stories breaking in the world of crypto.
Crypto Whales
Over the last 12 hours, large amounts of crypto are on the move. None of the transfers appear to be traders getting ready to sell.
The biggest transactions are connected to Ripple, which owns about 60% of the total supply of XRP. In a single transaction, Ripple sent 40,000,000 XRP worth $12.9 million from its over-the-counter distribution wallet to a separate wallet owned by the company.
Soon after, another 26,000,000 XRP worth $8.3 million was transferred from an unknown wallet to wallet owned by Ripple. At the same time, another 13,000,000 XRP worth $4.1 million was transferred between two unknown wallets.
In addition, a big Bitcoin whale has surfaced, moving 3,284 Bitcoin, worth $11.4 million, from crypto exchange Poloniex to an unknown wallet. Whale watchers also spotted multi-million dollar Ethereum transaction, with $2.4 million moving from the BitUNio crypto exchange to an unknown wallet.
Bitcoin
The Bitcoin Lightning Network has reached a new milestone.
The network’s overall capacity has reached 600 BTC, according to data from monitoring resource 1ML. The scaling solution is designed to help Bitcoin scale and increase the speed of transactions.
Stellar
The Stellar news outlet Lumenauts has released a new, free course on XLM. You can check out the full course here.
Litecoin
Litecoin creator Charlie Lee is taking a hard look at how to implement privacy transactions on the Litecoin network.
After announcing confidential transactions will launch on Litecoin this year, Lee posted a picture on Twitter that shows he’s doing his homework.
Tron
As promised, Tron and Binance have released an airdrop of BitTorrent tokens (BTT) to users who tried to take part in the recent token sale, but were locked out due to technical issues. The full details on the airdrop are posted here.
IOTA
The team at IOTA has created a new portal featuring a trove of documents on how the distributed ledger platform works. You can check out the portal here, which covers the basics for beginners and more advanced material for the hardcore.
Monero
Riccardo Spagni, project lead at Monero, spoke at last week’s annual “Innovate Finance” event in Davos. Spagni says, “Financial privacy is a basic human right.”
You can check out Spagni’s full presentation, “50 Shades of Privacy.”
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