314M USDC sent to null address as redemptions begin: Report

According to Web3 analytics platform Watchers, a total of 314.167 million USD Coin (USDC) was sent by its issuer, Circle, to the Ethereum null address with header 0x00 on March 13. The null address is...

Lookonchain Reveals a Smart Address That Made $4.14M Amid USDC Depeg

On-chain analyst Lookonchain shared details of a smart address that made $4.14 million amid the USDC chaos. The smart address was able to bag this large amount by trading Ethereum. This address also b...

Yellen Works with Regulators to Address Silicon Valley Bank Collapse

On March 10, 2023, California’s financial watchdog shut down Silicon Valley Bank (SVB) following an announcement of a significant sale of assets and stocks to raise $2.25 billion in capital to s...

As Silicon Valley Bank concerns grow, Yellen says she has been ‘working all weekend with our banking regulators to design appropriate policies’ to address depositors

“‘I’ve been working all weekend with our banking regulators to design appropriate policies to address the situation.’” — Treasury Secretary Janet Yellen That is Treasury Secretary Janet Yellen, speaki...

Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident – Bitcoin News

On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC depegging incident that saw the stablecoin dip down to $0.877 per unit. At the time of wri...

DeFi Platform Maker DAO Takes Swift Action to Address $3.1B USDC Risk with Emergency Proposal

The crypto market has again met with another stablecoin collapse after UST as investors are rushing to withdraw their funds. Circle, the issuer of USD Coin (USDC), today announced that it faced challe...

Vitalik Buterin-Labeled Address Sold More Than 9 Billion Altcoins

Vitalik Buterin, who created the second most-traded cryptocurrency by market cap— Ethereum (ETH), sold 9.9 billion CULT tokens. CULT is the native token of CultDAO. According to a blockchain analyst— ...

MyAlgo Team Updates Community on Efforts Taken to Address Hack

MyAlgo addressed the efforts taken by the team amid the recent situation. The team is investigating the incident’s root cause in an attempt to capture the culprit. MyAlgo team also asked users to with...

Ethereum Co-Founder Vitalik Buterin’s Address Sells Trillions of Airdropped Tokens, Causes Illiquid Coin Prices to Plummet – Bitcoin News

On March 7, onchain observers noticed that Vitalik Buterin, the co-founder of Ethereum, had allegedly sold billions and trillions of airdropped ERC20 tokens, resulting in a gain of an estimated $700,0...

Russian Crypto Advocates Urge Putin to Address Delayed Regulations

The adoption of rules for the cryptocurrency business in Russia has been notoriously slow. As a result, the Russian Association of Crypto Industry and Blockchain (RACIB) has taken the initiative to pe...

BTC hovers around $22k, US Silk Road BTC address awakens

As of March 8, the price of bitcoin (BTC) is trading around $22,000, with a trading volume of $30.34 billion over the past 24 hours. BTC has experienced a decline of 1.41% in the last 24 hours and 4.5...

BUSD Active Address Plunges By 60% Following Regulatory Crackdown

Binance USD (BUSD) has suffered a steep decline in active addresses following the regulatory crackdown by U.S. authorities. This development continues a series of dips within the Binance ecosystem in ...

Address Dormant For 2 Years Sends 68B Shiba Inu To Voyager

Bankrupt Voyager Receives 68B Shiba Inu From Dormant Address. Shortly after the inflow, Voyager sent 300B Shiba Inu tokens to Coinbase. Voyager, a bankrupt crypto lending firm, recently received 68 bi...

Vikings Must Address No. 2 QB Slot To Avoid Disaster In 2023

It’s all smiles for Kirk Cousins and the Vikings as long as he stays healthy. Minnesota must address … [+] the backup QB position in the offseason. (Photo by Adam Bettcher/Getty Images) Ge...

ICO Era Whale Transfers 5,055 $ETH To New Address: Report

Lookonchain claims that an Ethereum ICO participant transferred 5,055 $ETH($8.3M) to a new address. ETH has experienced a 0.25% increase in price in the last 24 hours. However, indicators on the ETH c...

Regulators Failed to Address Crypto Collapses, Now They’re Going After ‘On-Ramps’

In a later interview with CoinDesk Campbell said while unintentional, “I think the problem is that it is the world [federal regulators] have created, and it’s important to surface that poi...

A Mysterious Ethereum (ETH) Address Suddenly Revealed

12 seconds ago | 2 mins read Editors News ETH address contained a total of roughly 100 ETH. The address was reactivated 2 hours and 53 minutes ago. The crypto community was recently taken aback when a...

Optimism sets up donation address for earthquake victims in Turkey as support continues to pour

As Turkey recovers from the earthquake that took thousands of lives, several blockchain projects have launched donation campaigns to assist the affected regions. This time Optimism Protocol took the l...

BTC, ETH address momentum shows significant divergence

Ad Glassnode data analyzed by CryptoSlate shows that new address momentum metrics of Bitcoin (BTC) and Ethereum (ETH) reflect that the BTC network is growing while the sentiment on the ETH network is ...

$9.6M in Bitcoin Transferred From Satoshi-Era Bitcoin Address After 11-Years

10 mins ago | 2 mins read Editors News Satoshi-era Bitcoin address moves more than $9.6M worth of BTC from the wallet. This kind of windfall is rarely seen for coins that have been dormant for a long ...

Satoshi-Era Bitcoin Address Moves $9.6 Million in BTC After 11 Years

An ancient BTC address that has not transacted in over a decade came back to life on Wednesday—and the profits are something to behold.  Since October 1 2012, address 1MMXRA held 412.12 BTC accumulate...

Alameda-linked address flagged withdrawing over $2m of FTT

Alameda Research, the crypto trading firm that filed for bankruptcy in November, continues to record active transactions. Arkham Intelligence spotted a $2 million withdrawal. The funds were withdrawn ...

23 Million Viewers Watch Biden’s State Of The Union Address, With Fox News Drawing Largest Audience

Fox News Channel’s coverage of President Biden’s State of the Union address had the largest audience … [+] of any broadcast or cable network. Fox News Channel More than 23 million vi...

Alameda Research Address Flagged Moving New Funds, What’s Happening?

Godfrey Benjamin Assumptions remain that withdrawal is backed by current FTX management Despite being neck deep in its bankruptcy proceedings alongside its sister FTX Derivatives Exchange, addresses l...

President Biden calls out stock buybacks in State of the Union address

Just as stock buyback activity heats up as some execs look for easy ways to pump up sagging stock prices, President Joe Biden is pushing back. “Corporations ought to do the right thing,” B...

Allnodes Releases Transparency Report to Further Address Terra Classic Concerns

The report reveals that the node hosting service’s cumulative voting power never reached chain-breaking levels, as detractors previously claimed. Node hosting provider Allnodes has released a transpar...

Your State Of The Union Address Tax Cheatsheet

President Joe Biden will deliver the 2023 State of the Union Address tonight, on Tuesday, Feb. 7, 2023, at 9:00 p.m. EST. The President is expected to stress what he deems to be the successes of his a...

Alameda-Linked Address Withdraws $2 Million in FTT – What’s In Store Crypto Market?

After a whopping $13 million worth of assets was transferred to the consolidation wallet of Alameda Research, a new development suggests that there was a $2 million withdrawal by an Alameda-linked add...

Can Ethereum’s Variable Tokenomics Address Inflation? – Trustnodes

Bitcoin has a fixed supply. Ethereum has a variable supply whereby the supply decreases if the velocity of money increases, and vice versa. That’s a new invention in crypto money. Until now, there was...

Phishing attacker moves funds to a laundering address

According to CertiK Alerts, crypto security tracker, a hacker account, “Fake_phishing7064”, recently sent funds to an Externally Owned Account(EOA) per Etherscan data. The EOA has moved over 100 ether...

Crypto Exchange Bitfinex Transfers $8.5M to Alameda Consolidation Address

Blockchain security firm PeckShield has disclosed a series of transfers from three addresses, including one from crypto exchange Bitfinex to Alameda Research’s consolidation wallet. According to Ether...

Alameda address receives $13m, including $8.5m from Bitfinex

The address labeled “Alameda Consolidation” received over $13 million within two hours, including up to $8.5 million in USDT and ethereum (ETH) from a Bitfinex hot wallet address. The development has ...