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Showing posts with the label wallet

Ripple Shock: Chairman Moves 50 Million XRP After 11 Years!

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Ripple has drawn some attention with the latest news in the crypto world. The Ripple chairman’s sudden XRP transfer has surprised the man. This has raised questions about what it means for XRP holders and the market. Let’s dive right in, check the wallet information, and explore the topic further! Also Read: XRP Price Volatility: How Chairman’s Actions Impact Market Sentiment Ripple Chairman’s Bold Move: 50 Million XRP Transfer Shakes Cryptocurrency News Source – Crypto News Flash The Surprising Transaction 50,000,000 #XRP (29,120,312 USD) transferred from Chris Larsen to unknown wallethttps://t.co/D9iopMqePM — Whale Alert (@whale_alert) September 16, 2024 On September 16, 2024, something unexpected happened. A wallet owned by Ripple Chairman Chris Larsen sent 50 million XRP to an unknown address. This XRP was worth about $29.12 million. It was the first big transfer from this wallet since it was created in back in February 2013. It’s been a while! Histor...

Solana’s Phantom wallet rolls out cross-chain swapper to bring liquidity from Ethereum

The new in-app swap feature supports all EVM tokens and bridges them to USDC on Solana, Phantom says. Phantom, the non-custodial crypto wallet initially made for Solana users only, is now expanding its presence on the market with a new feature designed to bridge liquidity from the Ethereum (ETH) ecosystem. In an announcement posted to X on Nov. 20, Phantom said the newly-launched cross-chain swapper enables users to bring any tokens from Ethereum, by bridging Ethereum Virtual Machine (EVM)-based assets to USDC (USD) — as well as USDT (USDT), DAI (DAI), and wETH for certain routes — on Solana (SOL). Bridging to @solana should be as simple as swapping. And now, it is. With our new Cross-Chain Swapper, you can bridge tokens across Ethereum and Solana right in Phantom. pic.twitter.com/TkGrFSFvoy — Phantom (@phantom) November 20, 2023 Those interested in swapping assets would have to import their Ethereum wallet (s) to Phantom or create a new wallet and fund it with Ethereum...

Bitget exchange expands integration with web3 wallet services

Bitget Exchange announces the integration of a web3 wallet, indicating a potential trend as exchanges adapt to decentralized services. Bitget Exchange has publicized its integ ratio n of web3 wallet services , with plans to further incorporate decentralized exchange s, Swap services , NFTs and DApps. This move is part of a burgeoning trend among exchange s, with Binance also rumored to be integrating web3 wallet s into its app. Introducing #Bitget new #Web3 feature – your gateway to the best of #CeFi and #DeFi! Securely manage your #crypto with Bitget Web3 Wallet and enjoy DeFi services, all in one app. Swap, NFTs, DApps, and more – it's all at your fingertips! Read more — Bitget (@bitgetglobal) November 7, 2023 The genesis of such integ ratio ns can be traced back to BitKeep, which since 2018 have endeavored to lower the entry barriers into the blockchain space. The defi boom in 2021 and the subsequent rise of NFTs catalyzed the growth of platforms like BitKee...

Executive: Trezor, a cryptocurrency wallet, investigates a phishing effort.

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Trezor’s brand ambassador Josef Tetek emphasized that the hardware wallet firm never asks for users’ recovery seed, PIN or passphrase. Cryptocurrency hardware wallet provider Trezor is investigating a recent phishing campaign, as users have reported receiving phishing emails. The anonymous blockchain sleuth ZachXBT took to his Telegram channel on Oct. 26 to alert users to a phishing attack targeting Trezor customers. ZachXBT referred to an X (formerly Twitter) post from the account JHDN, which alleged that Trezor may have been breached after receiving phishing emails on the email account used specifically for buying the wallet. In a similar manner to some Trezor-related phishing attacks in the past, the phishing email invites users to download the “latest firmware update” to users’ Trezor devices in order to “fix an issue in software.” According to the poster, the malicious email was sent from the email amministrazione@sideagroup.com. “Be careful this person just received a phis...

Thailand embraces crypto wallets for nationwide airdrop

Thailand’s new government is utilizing blockchain and crypto wallets to disburse $280 cash handouts to citizens. According to a report on Sept. 7, Thailand’s newly appointed government, Pheu Thai, is gearing up to utilize digital ledger technology to facilitate its economic stimulus initiative. Although specifics are yet to be revealed, it has been confirmed that the financial aid, amounting to 10,000 Thai baht (approximately $280), will be orchestrated through a blockchain system, ensuring high security and full traceability of the transactions. At this stage, whether the government will employ an existing blockchain solution or develop a bespoke system for this initiative remains unclear. Beneficiaries of this scheme will receive a digital wallet , which will be operational for six months, allowing them to make purchases at local establishments within a four-kilometer radius of their registered residences. This move is anticipated to bridge the gap in digital money...

Donald Trump’s Ethereum wallet holds $2.8M, new statement shows

The recent disclosure ups the figure disclosed in earlier records which said Trump held between $250,000 to $500,000 in an Ethereum wallet. A new financial statement has revealed former United States President Donald Trump owns over $2.8 million in an Ethereum wallet . The statement s shared on Aug. 14 by the non-profit watchdog Citizens for Responsibility and Ethics in Washington show Trump made over $4.8 million from licensing fees tied to nonfungible token (NFT) collections using his image — with Trump netting around $7.6 million from his crypto-related ventures. The $2.8 million in Trump’s Ethereum wallet is considerably larger than the $250,000 to $500,000 figure disclosed in Trump’s April 14 filing. You might've missed this in the middle of the Georgia indictment news, but we got our hands on new Trump financial documents. Give them a read here: https://t.co/oAHGihGNAO — Citizens for Ethics (@CREWcrew) August 15, 2023 Trump is bidding to return to the White House in...

Binance holds token collateral and user funds on same wallet by ‘mistake’

Binance previously said the firm’s corporate holdings are recorded in separate accounts and should not form part of the proof-of-reserves calculations. Major Cryptocurrency Exchange Binance reportedly admitted that it mistake nly stores some customer funds in the same wallet with its collateral for some in-house token s. After the revelation, Binance started the process of transferring the assets in question to dedicated collateral wallet s. Binance mistakenly put collateral for some of the Binance-minted tokens, or B-Tokens, in a wallet that also holds customer assets, Bloomberg reported on Jan. 24. On Monday, Binance released a proof of collateral for B-Tokens, providing information for all 94 tokens issued by Binance. The firm previously stressed that B-Tokens are always fully collateralized and backed 1:1. According to the ​​proof of collateral, Binance reserves for almost 50% of all B-Tokens are currently stored in a single wallet called “Binance 8.” The wallet holds signific...