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From millions in Bitcoin and stolen Ethereum on the move to a big update on the Stellar network, here’s a look at some of the stories breaking in the world of crypto.
Bitcoin and Ethereum
Crypto whales are once again making a splash now that Bitcoin is back in the $8,000 range. In the last 24 hours, crypto hodlers have moved 15,111 BTC worth about $120 million.
Two of those transfers moved 2,780 BTC worth $22 million from unknown wallets onto crypto exchanges, indicating those traders may be gearing up to sell. Here’s an overview of the biggest BTC transfers in the last day.
- 3,732 BTC worth $30.1 million transferred from unknown wallet to unknown wallet
- 857 BTC worth $6.8 million transferred from Bitstamp to unknown wallet
- 780 BTC worth $6.2 million transferred from unknown wallet to Bittrex
- 650 BTC worth $5.1 million transferred from Poloniex to unknown wallet
- 800 BTC worth $6.3 million transferred from Bittrex to Bitstamp
- 2,000 BTC worth $15.9 million transferred from unknown wallet to Huobi
- 5,000 BTC worth $39.8 million transferred from unknown wallet to unknown wallet
- 1,292 BTC worth $10.2 million transferred from bitFlyer to unknown wallet
Meanwhile, large amounts of Ethereum (ETH) stolen from the crypto exchange Cryptopia are also on the move.
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In just 24 hours, thieves moved a total of 6,665 ETH worth about $1.7 million in 14 separate transfers, according to Whale Alert.
????????????The past few hours there have been a lot of #Cryptopia hack transfers. We have decided to keep reporting them, because we feel the recent hacks negatively affect the cryptocurrency community and by shining a light on them, we hope to make life a bit harder for the thieves.
— Whale Alert (@whale_alert) May 21, 2019
Last week, the New Zealand-based exchange announced it’s shutting down and liquidating all assets due to the hack. The exchange has frozen all withdrawals indefinitely and says it’s “undertaking an extensive process to confirm amounts owing and available to return to customers.”
Ripple and XRP
Ripple has released a video from its Ripple Regionals event in Dubai, where a new payment corridor from Saudia Arabia to India was officially revealed. Saudi Arabia British Bank and India’s IndusInd decided to work together to open the payment route.
“SABB and IndusInd were a natural fit. Al Jarbou said opening a corridor with India was an obvious choice because India already had a sophisticated payments infrastructure and because the Indian Rupee (INR) was one of the top remittance currencies for SABB.”
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Stellar
The team at Stellar has released their latest Monthly Roundup.
This month’s edition looks at five new hires, the launch of 26 Stellar-based stablecoins, the number of daily active addresses on the network, and more.
Cardano
The latest episode of The Cardano Effect is out. The new edition looks at Cardano’s roadmap, including when the major update Shelley will launch.
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Tron
The Malta-based crypto exchange OKEx has officially launched Tron futures. The exchange is offering rewards for users who open accounts between now and May 24th.
Win a BTC bonus by opening TRON (TRX) futures positions. The more the positions you open, the larger the prize you will win.
*TCs apply.
Details: https://t.co/BAJeY9pW2c pic.twitter.com/4VUGyUVVzz
— OKEx (@OKEx) May 21, 2019
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