According to Arkham Intelligence, a blockchain analytics platform, a Bitcoin address from the early days of the cryptocurrency has made a transfer after a long period of dormancy. The whale in question recently moved BTC worth $630,000 to the Kraken crypto exchange. This address mined its Bitcoin just a month after the first block was created on January 13, … Read more
A publicly traded German investment company is set to raise up to €30 million (approximately $32.8 million) by issuing secured bonds from the Scandinavian region. The raised capital will primarily be used to increase their holdings in Bitcoin and expand their investment portfolio, potentially positioning the company as a competitor to MicroStrategy. To manage the bond issuance, Samara Asset Group has engaged Pareto Securities, which will … Read more
The platform Whale Alert, known for tracking large crypto transactions, has detected a massive transfer to one of the leading cryptocurrency exchanges. According to the latest data, XRP worth $10.3 million was moved from an unknown wallet to the Bitstamp exchange. Some within the community interpret this as a potential sign of a coming price drop. At the time … Read more
Solana is enjoying significant attention in the crypto market as positive sentiment around the digital asset grows, bolstering its status as a prominent player in the industry. Recent data from leading on-chain analytics company Santiment shows a noticeable increase in optimism regarding Solana, fueled by renewed investor confidence and a series of encouraging developments within its ecosystem. … Read more
Hyper Foundation Unveils New Token Ahead of Mainnet Launch Hyper Foundation is gearing up for a major milestone, announcing that Hyperliquid users will soon receive the native token HYPE, in anticipation of the launch of the HyperEVM mainnet. This token will play a pivotal role in the platform, serving as a utility within its HyperBFT … Read more
Bitcoin (BTC) has captured attention by surpassing the critical $63,000 mark, trading around $63,400 at the time of writing. This indicates the potential for a solid performance in the fourth quarter. This price recovery comes after a brief period of volatility, as market participants regain control and anticipate further growth for Bitcoin. Despite this positive momentum, concerns remain about … Read more
UAE Removes Taxes on Crypto Transactions The UAE’s Federal Tax Authority (FTA) has issued amendments to Federal Decree-Law No. 8 of 2017, which governs Value Added Tax (VAT). Effective November 15, 2024, following Cabinet Decision No. (100), the amendments introduce a VAT exemption for the transfer and conversion of virtual assets, including cryptocurrencies. Both citizens … Read more
HBO is facing criticism after the highly anticipated premiere of the documentary Money Electric: The Bitcoin Mystery. The film suggests that Peter Todd, a prominent Bitcoin developer, might be the real person behind the pseudonym Satoshi Nakamoto, Bitcoin’s creator. The documentary, which aired on October 8, claims that Todd, a student when Bitcoin’s whitepaper was published in 2008, may … Read more
The European Central Bank Considers Implementing Blockchain Technology Financial innovations are rapidly advancing in the Middle East and Europe, as institutions explore blockchain technology to modernize their markets. According to reports, the European Central Bank (ECB) is investigating the possibility of creating a “European ledger” – a unified blockchain platform designed to integrate digital assets … Read more
An anonymous Ethereum user recently paid a staggering 288 ETH in transaction fees, amounting to over $700,000, according to blockchain tracker Whale Alert. What makes this case even more unusual is that the transaction itself transferred 0 ETH to the recipient, meaning the entire amount was spent solely on gas fees. High transaction fees typically occur during periods of network congestion … Read more