An Ethereum Foundation-affiliated wallet that had been inactive for over six years recently resumed activity, transferring 92,500 ETH, roughly $295 million, to a new address.
This wallet’s last known activity was over six years ago, drawing notable interest from the crypto community.
The funds were initially allocated by the Ethereum Foundation on September 1, 2015, shortly after Ethereum’s launch. The purpose of this transfer is unclear, but it has not led to major market changes.
Bitcoin and Ethereum rebounded on Thursday, recovering to earlier week levels. Bitcoin saw a 4.58% increase, reaching $67,166, while Ethereum rose by 2.1% to $3,243.
This recovery comes after a significant drop on Wednesday due to market-wide liquidations. Despite the bounce-back, investor sentiment remains mixed.
Coinbase is teaming up with clearing firm Nodal Clear to let traders post USD Coin (USDC) as collateral for crypto-linked futures—potentially the first time a U.S. regulator signs off on stablecoin-backed margin.
Economist Peter Schiff has poured cold water on claims that dollar-pegged stablecoins will buttress America’s reserve-currency status.
Pepe (PEPE) has experienced a strong drop of nearly 21% in the past 7 days as the crypto market has been on a downtrend lately amid rising tensions in the Middle East. However, in the past 24 hours, this meme coin has delivered mild gains of 0.2% at a point when most of its peers […]
Binance has announced it will delist a selection of spot trading pairs as part of its routine market evaluations aimed at maintaining a healthy and efficient trading environment.