Tag: ETH

Huobi Hacked For $8 Million Worth Of ETH, Offers Hacker 5% Bounty

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According to Arkham Intel, the Huobi crypto exchange platform (HTX) fell victim to a hacking incident resulting in the theft of 5000 ETH, valued at approximately $8 million. The hacker reportedly moved 1,000 ETH to a separate wallet, 0x799, shortly after compromising the platform and has since remained silent. Huobi Resolves Breach, Offers Hacker Lucrative Deal For Stolen ETH Justin Sun, the Founder of TRON and an Advisor to Huobi, confirmed the incident on X (formerly Twitter), stating that HTX suffered a loss of 5,000 ETH due to the hack.…

Price analysis 9/25: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, TON, SOL

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The strength in the United States dollar index could keep Bitcoin and select altcoins under pressure in the near term. Bitcoin’s (BTC) weakness on Sep. 24 shows that the bears remain in control. Sellers are trying to pull the price below $26,000 but the bulls are likely to defend the level with vigor. Buyers are trying to achieve a positive monthly close for Bitcoin in September for the first time since 2016. If they can pull it off, it will be a major sentiment booster as October generally favors the…

Ethereum Co-Founder Vitalik Buterin Moves 400 ETH to Coinbase

Just a few hours ago, the Ethereum founder deposited 400 ETH to Coinbase. With the price of ETH at $1,573.35 as of the time of writing, the value of the transfer amounts to an impressive $629,200. Ethereum co-founder Vitalik Buterin has recently been observed engaging in noteworthy transactions involving ETH, specifically directing substantial deposits to Coinbase. This development has sparked a myriad of conversations, speculations, and a quest to understand the motives behind such significant ETH movements. Just a few hours ago, the Ethereum founder deposited 400 ETH to Coinbase.…

Ethereum Network Fees Hit 2023 Low: What It Could Mean For ETH Price

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In recent weeks, Ethereum (ETH), one of the most valuable assets in the cryptocurrency market, has not enjoyed favorable sentiment due to its struggling price and unstable on-chain performance. The general market condition has not offered much reprieve either, as most altcoins have failed to maintain an upward momentum.  Fortunately, the latest on-chain revelation offers some hope for the price of Ethereum.  Ethereum Average Fee Drops To Lowest Level In 2023 On-chain analytics have been helpful in providing real-time insights into crypto market trends. And the latest on-chain revelations have highlighted…

Ether (ETH) Price Under Pressure as Ethereum Blockchain Revenue Plunges, Crypto Turns Inflationary

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Ethereum Whales Unfazed By Prices, Pulls $8.1 Million Of ETH From Binance And Buys NFTs

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Ethereum is under pressure and has just dropped below $1,600. However, on-chain data shows that a crypto whale, “0xb154”, has moved more coins from Binance, a cryptocurrency exchange, to a non-custodial wallet. On September 21, the ETH whale transferred over $8.1 million of the coin.  ETH whale moves funds to Binance| Source: Scopescan Whale Moves More Ethereum From Binance, Buying NFTs When crypto prices contract, outflows from non-custodial wallets to centralized ramps, including Binance and Coinbase, tend to rise. This is because centralized exchanges supporting stablecoins or fiat, including the Euro…

Ethereum ICO Participant Moves $9,960,000 Worth of ETH to Crypto Exchange Kraken: On-Chain Data

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An original Ethereum (ETH) investor deposited 6,000 ETH worth $9.96 million to the crypto exchange Kraken on Monday, according to the crypto tracker Lookonchain. The whale participated in Ethereum’s 2014 initial coin offering (ICO), receiving 254,908 ETH when the second-largest crypto asset was only priced at $0.31. With ETH trading at $1,647 at time of writing, that means the value of that trove of 6,000 ETH shot up by a staggering 531,361% as it sat in the whale’s care for nine years. Blockchain-tracking service Etherscan indicates that the deep-pocketed investor…

Ethereum ICO Participant Moves $9.96 Million Of ETH To Kraken. Will He Sell?

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An Ethereum initial coin offering (ICO) participant and one of the earliest supporters of the smart contract platform has moved 6,000 ETH worth $9.96 million to Kraken, a cryptocurrency exchange, recent data from Lookonchain on September 18 reveals. The unidentified whale received 254,908 ETH when each traded for 40.31 during the crowdfunding in 2014. This amount is currently worth over $466 million at spot rates. ETH whale transfer: Etherscan Ethereum Whale Transfers Over $9.96 Million To Kraken The anonymous nature of public blockchains, including Ethereum, makes it harder to decipher the owner’s…

Price analysis 9/18: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, TON, SOL

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Bitcoin and select altcoins are attempting to make a comeback as traders expect the Fed to hold rates steady during its meeting this week. The failure of the bears to sink Bitcoin’s price below $25,000 support ignited buying interest last week. The positive momentum picked up further at the start of the new week, and buyers are trying to sustain Bitcoin’s (BTC) price above $27,000. Market participants seem to be buoyant on expectations that the Federal Reserve will not hike rates again this year. The CME FedWatch Tool shows a 58%…