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A crypto whale who accumulated huge amounts of Chainlink (LINK) in the last two months is now making another big move, on-chain data shows. According to blockchain tracking service Lookonchain, the deep-pocketed investor used 81 different wallets to build up a massive holding of 11 million LINK. Now, the whale just moved 1.92 million LINK to the leading crypto exchange Binance. “The whale, which accumulated ~11 million LINK ($80.32 million) via 81 wallets in September and October, has started depositing LINK to Binance since November 22nd. The whale has deposited 1.92 million LINK ($27.8 million) to Binance and will make ~$14 million after selling.” Source: Lookonchain/X Top blockchain oracle provider Chainlink is trading for $14.38, at time of writing, up 1.5% in the past seven days. The whale’s holdings at the current LINK value, including the deposit on Binance, increased in value to about $158.1 million since the approximate $80 million purchase. Next up,...

When Berkshire Hathaway vice chair Charlie Munger died on Tuesday aged 99, the world lost one of its most vocal crypto critics. Famed for his particularly uncompromising anti-Bitcoin (or “rat poison” as he dubbed it) stance, Munger previously claimed “I’m not proud of my country for allowing this Crypto shit,” and decried it as “beneath contempt” and “contrary to the interests of civilization.” However, despite his fierce criticism, it appears that he’s already having a more tangible effect on the crypto space in the short time since his death than he ever did while he was alive. Indeed, just minutes after Berkshire Hathaway announced the death of Warren Buffet’s right-hand man, the MUNGER meme coin pumped over 30,000%. Of course, the token has been as volatile as you’d expect and after its initial jump, dropped 34% in an hour on Wednesday. It’s currently sitting at just $0.00000002921 and boasts a 24-hour trading volume of just $115,000. We can assume that thi...

Philippines’ SEC initiates measures to block access to Binance. Former Binance CEO, Changpeng Zhao, recently stepped down and pleaded guilty in the US. The Philippines’ SEC advises Filipino users to withdraw investments from Binance within three months. The Philippines’ Securities and Exchange Commission (SEC) has set in motion measures to restrict access to Binance, the world’s largest cryptocurrency exchange. This move follows the recent resignation of Binance ’s CEO, who pleaded guilty to breaching US anti-money laundering laws. Changpeng Zhao has also resigned from the Binance .US board. Binance accused of unregistered operations The Philippines’ SEC asserts that Binance, the crypto giant, is operating without proper registration and lacks the required license to offer securities in the Philippines. The regulatory body has issued an advisory, outlining the removal of access within three months to allow Filipino users...

VeChain (VET) has displayed decent performance in 2023. Since January, the token’s price has spiked by around 37.5%. Moreover, VET has surged 3.6% in the daily charts and 7.9% over the previous week. Additionally, the altcoin is up by 3.2% in the 14-day charts and 13.6% since the last month. Source: CoinGecko Although VeChain VET’s price dipped in mid-November, it has regained traction in the last few days., prompting updated price predictions The November dip was likely due to the US CPI (Consumer Price Index) data. Most crypto projects, such as Bitcoin (BTC), Ethereum (ETH), etc., saw prices fall after November’s CPI data release. Also Read: VeChain : What Is a Weekly $100 Investment Since Launch Worth? VeChain (VET) price prediction for early December Source: Zipmex The machine learning algorithm at PricePredictions projects a bearish outlook for VET in December. As per the platform, VET could fall to $0.02068 by Dec. 6, 2023, a drop of around 4.3% fr...

Shrem made a fortune off his Bitcoin payment service, BitInstant, but then went to prison for alleged money laundering. Charlie Shrem went from running a small online business to becoming a Bitcoin millionaire and making the cover of Forbes magazine. And then, he went to prison. In the latest episode of Cointelegraph’s Crypto Stories , Shrem tells the story of how he founded BitInstant, grew it into a multimillion-dollar Bitcoin empire, an then was arrested for his role in it. Shrem’s first business was an e-commerce site that only charged $5 shipping per item. The idea was his cousin’s, but Shrem used his coding skills to create the actual site. The business sold lights, toothbrushes, razors, and other assorted items. In his free time, Shrem hung out on online message boards. That’s where he found out about Bitcoin. At the time, the only way to buy Bitcoin was to wire transfer large amounts of funds to Mt. Gox, and it took a week for the deposit to clear within the banking system. ...

Grayscale reported its Consumer and Culture Crypto Sector grew 24% in November.  Crypto assets and products like NFTs, web3 games, metaverse, and governance tokens are covered under the sector.  Grayscale said major players within the sector are well-positioned to grow their user base. In a recent report, Grayscale noted that its Consumer and Culture Crypto Sector saw significant growth alongside major cryptocurrencies like Bitcoin. Crypto applications covered in the sector include entertainment, music, media, collectibles, sports, and art. Grayscale reported a 24% month-to-date growth in the sector as of November 27, 2023. The upward surge coincides with increased investors’ confidence in the crypto market, primarily driven by speculation that the U.S. Securities and Exchange Commission will approve one or more of the spot Bitcoin ETF applications it has been sitting on.  November Month-to-Date Returns for the FTSE Grayscale Crypto Sector Indexe...

Rebel Satoshi presale ongoing.  Supporters bullish on RBLZ  TRON could soar to $0.2 in 2024. Tron (TRX) is on a tear, but some analysts are still skeptical. Amid this, Rebel Satoshi (RBLZ), a new crypto project, has caught the attention of investors. Rebel Satoshi draws investors Rebel Satoshi has been attracting investors with its unique blend of a meme coin and a movement focused on reshaping the crypto landscape.  As investors seek alternatives to underperforming assets, they are drawn to Rebel Satoshi’s narrative and Features . At the heart of Rebel Satoshi lies RBLZ, a governance and membership token. You might also like: Analysts focus on Rebel Satoshi, Shiba Inu, and Zcash ahead of crypto bull run Holding RBLZ grants a stake in the movement and provides access to quests, rewards, and a community dedicated to shaping a fully decentralized crypto future. The early stages of Rebel Satoshi’s public presale have seen over 10 millio...

Shiba Inu (SHIB) has released the fourth edition of The Shib Magazine. In the magazine’s fourth edition, the SHIB team has revealed new updates around the ecosystem and some trends to look out for in the next bull run. Also read: Shiba Inu (SHIB) Price Prediction: December 2023 As per the SHIB team, blockchain-based gaming projects will be one of the hottest topics in the next bull run. The team also highlighted that real-world assets (RWA) tokenization will take center stage. Many banks are already beginning to tokenize their assets, such as real estate and shares. SocialFi (Social media and DeFi) is another trend the team believes will take off. Moreover, layer-2 scaling and Artificial Intelligence (AI) crypto solutions will be hot businesses. The team also announced the support of CoinMerge, a leading decentralized exchange (DEX). The platform plans to move its entire operation to Shibarium, SHIB’s layer-2 network. Additionally, the fourth edition of The Shib M...

According to a new report from the House Committee on Homeland Security, US taxpayers spend $451 billion per year on illegal migrants. Indeed, the report notes that those funds are spent on housing and care for asylum seekers and gotaways. The committee published an interim report with the staggering numbers as part of an oversight investigation. Specifically, they noted the investigation into Department of Homeland Security (DHS) Secretary Alejandro Mayorkas and President Joe Biden’s open-border policies. Subsequently, they noted the financial impact on Americans amid the migrant crisis. JUST IN: 🇺🇸 US taxpayers spend $451 billion per year to house and care for illegal migrants. — Watcher.Guru (@WatcherGuru) November 28, 2023 Also Read: United States Witnesses $5.9 Trillion Vanish in Wealth in 2022 US Taxpayers Spending $451 Billion on Housing and Care of Illegal Migrants Amid the United States’ fragile economic standing, new reports ha...

Whales have started shifting a decentralized exchange altcoin ahead of a massive $505.5 million token unlock. dYdX (DYDX), a decentralized exchange (DEX), migrated from Ethereum (ETH) to Cosmos (ATOM) and launched its own dYdX Chain last month. The new chain was developed as a standalone blockchain based on the Cosmos SDK (software development kit) and Tendermint consensus protocol. The project is slated to unlock 150 million DYDX on December 1st, according to the crypto tracker Lookonchain. “On-chain data shows that the dYdX Foundation has sent tokens to investor addresses, including a16z crypto, Defiance Capital, and Polychain Capital. However, we noticed that many investor addresses have bridged DYDX. For example, a16z crypto has bridged all 42.69 million DYDX ($143.87 million) through multiple addresses. Currently, 437.4 million DYDX ($1.47 billion) has been bridged, accounting for 43.74% of the total supply. Since it is a one-way bridge, this 437.4 m...

Taiwan-based trading firm Kronos Research has initiated talks with a hacker who stole $26 million from the firm’s treasury earlier this month. Taking to Etherscan, Kronos is offering the hacker a bounty of 10% after $25 million was taken in a Nov. 18 breach. Kronos offers 10% bounty for return of stolen crypto | Source: Etherscan The attack took place after an unauthorized party accessed Koronos’s API keys. Onchain analysts ZachXBT and Lookonchain confirmed the theft noting that the majority of the $25 million stolen assets were in stablecoins. Kronos later commented, “we can confirm that the losses are about $26 million in crypto assets, and despite it being a sizable amount, Kronos remains in good standing. All losses will be covered internally, and no partners will be affected.” You might also like: U.S. officials link North Korea to the major security breach at Mixin Hackers continue to plague the crypto space Data from DefiLlama indicates th...

Micheal Saylor is one of the most vocal Bitcoin (BTC) proponents globally. Saylor’s firm, Micro strategy , is also one of the biggest holders of the original crypto. Micro strategy ’s stock price has surpassed the $520 mark, the highest since December 2021. The company’s strategy of holding BTC for the long term has yielded lucrative results. Micro strategy currently boasts a market cap of about $7.33 billion. Also Read : Bitcoin: GBTC May Lose $2.7B If ETF Approved: JPMorgan . Micro strategy ’s stock price doubled in just one month earlier this year. The firm’s BTC holdings have turned profitable, with an average purchase price of $29,803 per coin. The company currently holds around 140,000 Bitcoin, worth around $4.4 billion. Although the company reported a loss of $143.4 million in its last quarterly report, it continued to buy BTC, purchasing 6,067 coins for about $167 million. Will Bitcoin continue its upward momentum? Analyst...

The British bank will provide e-CNY CBDC services to clients and explore its future use in China's financial system. British multinational bank Standard Chartered will partake in trials of China's digital yuan central bank digital currency (e-CNY CBDC), one of the first foreign banks to do so in the country. According to the Nov. 27 announcement, Standard Chartered, through its partner City Bank Clearing Services Co., will allow its clients to purchase, exchange, and redeem e-CNY within its bank accounts. "As an international bank rooted in the Chinese market for 165 years, Standard Chartered is optimistic about the development prospects of digital Renminbi," said Xiaolei Zhang, president of Standard Chartered China. The bank will also join China's e-CNY CBDC pilot testing program, which is currently ongoing within 26 cities and provinces. Standard Chartered stated that its areas of exploration include cross-border merchant payments, trade financing and supply...

Crypto educational startup Open Campus has raised over $3 million from Binance Labs to double down on NFTs. Open Campus (EDU), a cryptocurrency-focused educational startup , has raised $3.15 million from Binance‘s venture arm Binance Labs. According to an announcement on Monday, Nov. 27, 2023, the funding is expected to help the startup onboard new users onto Web3 and “attract more native users to participate in education through the launch of novel Publisher NFTs.” After the news broke, the project’s native token jumped by more than 6%, reaching in a moment $0.65, according to CoinGecko. EDU price | Source: CoinGecko You might also like: New Binance CEO says company fundamentals remain strong despite $4.3b DoJ fine Yat Siu, who’s the co-founder of Animoca Brands and a council member of Open Campus, said the investment is in line with Open Campus’ mission to “decentralize education and find innovative ways to support educator...

USTC and LUNC added incredible gains to their prices over the weekend, surpassing major cryptocurrencies.  While USTC saw a staggering 150% surge in the last 24 hours, LUNC recorded a more muted 25% growth. The rise follows strategic moves by the Terra Classic community members to revive the tokens that crashed over a year ago. Terra Classic community members during the weekend were in high excitement as recent efforts from the community to bolster LUNC and USTC prices finally paid off. LUNC and USTC added incredible gains in their prices and surpassed major cryptocurrencies since that period and into the new week. Indeed, stablecoin USTC was the clear leader as it surged in an explosive rise that started Sunday afternoon. Since then, the token has added over 150% to its price and sustained that run into this new week, according to data from CoinMarketCap. At the time of press, the token is exchanging hands at $0.03839. Furthermore, its trading volume...

RBLZ sold 10m tokens in 48 hrs Shiba Inu’s burn rate increased by 60%, but on-chain analysis indicates a downside trend PEPE transferred 418 billion tokens to Binance, triggering a 47% gain in a month. As the crypto sphere evolves, new players emerge aiming to reshape decentralized finance (defi). In this overview, we delve into three distinct projects: Rebel Satoshi (RBLZ), Shiba Inu (SHIB), and PEPE (PEPE).  Rebel Satoshi driving decentralization Rebel Satoshi is a new crypto promoting decentralization.  The token has sold 10 million RBLZ in the first 48 hours of its presale.  RBLZ serves as Rebel Satoshi’s membership and governance token, with a total supply of 250 million.  You might also like: Analysts focus on Rebel Satoshi, Shiba Inu, and Zcash ahead of crypto bull run Rebel Satoshi has a deflationary mechanism that gradually reduces the token supply.  Investors who purchase RBLZ gain full access to Rebel Satoshi’s ecosys...

Nov 25, 2023 at 11:42 // Price Author Coin Idol Cryptocurrency analysts of Coinidol.com report, Shiba Inu (SHIB) price is falling after being rejected at a high of $0.00000950. Shiba Inu price long term forecast: bearish The uptrend has ended as the altcoin has fallen below the moving average lines. The decline was halted above the 50-day SMA as the bulls bought the dips. SHIB is currently trading above the 50-day simple moving average but below the 21-day simple moving average. At the time of writing, it is trading at $0.00000819. Nevertheless, the price...

The Blast team responded to claims that its multisignature upgrade functionality makes it too centralized. Web3 protocol Blast network has gained over $400 million in total value locked (TVL) in the four days since it was launched, according to data from blockchain analytics platform DeBank. But in a Nov. 23 social media thread, Polygon Labs developer relations engineer Jarrod Watts claimed that the new network poses significant security risks due to centralization. The Blast team responded to the criticism from its own X (formerly Twitter) account, but without directly referring to Watts’ thread. In its own thread, Blast claimed that the network is as de centralized as other layer 2s, including Optimism, Arbitrum and Polygon. On multisig security. Read this thread to understand the security model of Blast along with other L2s like Arbitrum, Optimism, and Polygon. — Blast (@Blast_L2) November 24, 2023 Blast network claims to be “the only Ethereum L2 with native yield for E...

European Central Bank ( ECB ) president Christine Lagarde told an auditorium on Friday that her son had lost “almost all” of his crypto investments and ignored her warnings. Speaking to students in Frankfurt, Lagarde said her son “ignored me royally, which is his privilege. And he lost almost all the money that he had invested,” (via Reuters). Lagarde has been extremely vocal about her anti-crypto stance, repeatedly calling the digital assets worthless. “I have, as you can tell, a very low opinion of cryptos,” she told the students in Germany. ECB says crypto regulation needed MiCA yesterday — it’ll take years to enact Read more: ECB calls for stablecoin regulations to protect wider economy “People are free to invest their money where they want, people are free to speculate as much as they want, [but] people should not be free to participate in criminally sanctioned trade and businesses.” The ECB chief has two sons, Pierre-Hen...

The Spanish football club Atlético Madrid is preparing to file a lawsuit against the Singaporean crypto exchange WhaleFin, per a news report . According to Protos, the subject of the dispute is income relating to a sponsorship in the amount of $44 million, which the crypto currency exchange did not pay to the football club. According to the source, Atlético Madrid signed a five-year contract with WhaleFin ahead of the 2022/23 season. Subsequently, the crypto exchange violated the terms of the agreement and refused to pony up the rest of the payment, club representatives now claim. You might also like: Spain’s Atlético de Madrid Partners with STEPN & WhaleFin for NFT Sneakers Launch In Dec. 2022, the crypto exchange reported financial difficulties and terminated a $25 million sponsorship agreement with the English FC Chelsea. That event occurred seven months after the conclusion of the contract. It’s not the Madrid football club’s first or only foray into crypto . A...

U.S. Commodity Futures Trading Commission (CFTC) Commissioner Christy Goldsmith Romero said the regulator will continue to pursue cryptocurrency exchange s that break the law. In a statement quoted by Business Insider, the commissioner emphasized that “there are no pirate ships in US markets” and that “access to American customers is a privilege, not a right.” Romero added that the CFTC will not tolerate the use of virtual private networks (VPNs) and other services that help users circumvent know your customer (KYC) rules, including pop-up questions that simply ask users to confirm that they are not located in the United States. “It should be crystal clear that the CFTC will not stop in its pursuit of non-U.S. entities.” Caroline D. Pham, CFTC Commissioner Statements by representatives of the regulator came against the backdrop of several high-profile proceedings against the largest cryptocurrency exchange s. You might also like: CFTC files legal ...

Binance co-founder Changpeng Zhao is having a tough week, but a quick glance at his bank balance may do much to cheer him up, with Forbes estimating his net worth now stands at $15 billion, up from $10.5 billion in April. Binance agreed on Monday to pay a $4.3 billion fine to settle multiple criminal charges in the US, and Zhao himself agreed to plead guilty, to pay a $50 million fine, and to step down as CEO for three years. He could still be sent to prison, with sentencing set for February. But Zhao retains a majority stake of 90% in Binance and his financial strength may mean that he emerges from the settlement as one of the world’s richest convicted felons, said Forbes. He is the wealthiest individual in the crypto industry. Binance Fundamentals ”Very Strong” Forbes estimates that Binance has generated more than $3 billion in revenue in the past year, and new CEO Richard Teng said in a tweet that Binance’s business fundamentals remain very strong. The ...