From a giant Bitcoin whale sighting to the battle for decentralized app supremacy, here’s a look at some of the stories breaking in the world of crypto.
Bitcoin
An anonymous Bitcoin whale just moved a colossal amount of crypto – draining a wallet in a matter of minutes.
The whale sent a total of three transactions from one unknown wallet to another. The first transfer clocked in at 2,000 BTC, the second at 500 BTC, and the last transfer that emptied the wallet came in at 12,474 BTC.
In total, the whale moved 14,974 Bitcoin worth about $123 million.
Crypto whale trackers have been unable to trace the identity of the whale.
According to BitInfoCharts, the owner of the wallet has built up funds only to completely drain them in the past, indicating the whale could be an exchange or a custodian that regularly takes in crypto and shifts it around for security purposes.
Ethereum, EOS, Tron, IOST
The dollar value of cryptocurrency flowing through EOS-based decentralized apps (DApps) is ahead of both EOS, Ethereum and IOST.
According to DappReview, $141.7 million worth of EOS moved through DApps on the network in the last week, compared to $64.7 million worth of Tron (TRX) and $26.1 million worth of Ethereum on their respective networks. IOST is in fourth place at $332,000.
Ripple
Ripple just launched a new engineering blog along with a video highlighting what it’s like to work on cross-border payments and the XRP ecosystem.
The company’s global hiring spree continues, with 55 current job openings.