Tag: Million

Aptos Market Cap Skyrockets, $574 Million Worth Of APT Tokens Set To Shake The Market In Q1 2024

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Aptos (APT), a Layer-1 blockchain network, has shown significant growth in key metrics during the fourth quarter (Q4) of 2023, following the overall recovery of the crypto market. Furthermore, according to a recent report by Messari, Aptos experienced notable advancements in various aspects of its ecosystem. Inflation And Genesis Supply Unlocking The circulating market cap of APT witnessed a remarkable 126% quarter-on-quarter (QoQ) increase, reaching $2.9 billion. This growth surpassed that of similar market cap projects, leading to an improvement in APT’s market cap rank from 35 to 33 (currently…

Solana Mobile Processed Over $20 Million in Payments Using USDC With No Processing Fees

Solana Mobile, Solana Labs’ smartphone subsidiary, processed over $20 million in payments in alliance with Shopify and USDC, the second-largest dollar-pegged stablecoin. Anatoly Yakovenko, a co-founder of Solana Labs, explained that 51% of Chapter 2’s payments were completed using USDC, with no payment processing fees associated. Solana Mobile Processed Over $20 Million in USDC Payments […] Source CryptoX Portal

Binance Stirs The Waters With A 200 Million XRP Transfer

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Cryptocurrency exchange giant Binance made a bit of a headline by transferring a substantial amount of XRP tokens—200 million to be exact. The massive amount of the transfer has made nearly everyone in the crypto community come up with guesses as XRP tallied notable 4% increase in value following the transfer, which added an extra layer of intrigue to the situation. The recent struggles of XRP, reflected in its monthly losses and declining network fundamentals, have created an air of uncertainty around the coin. Santiment data analyzed by NewsBTC indicates…

PlayDapp’s $31 Million Hack: A Blow to Blockchain Gaming Security

PlayDapp, a prominent NFT marketplace, experienced a security breach, resulting in the unauthorized minting of $200 million PLA tokens, worth $31 million. PlayDapp, a South Korean Web3 game development platform and NFT marketplace, recently experienced a significant security breach. This attack led to the unauthorized creation of 200 million PLA tokens, valued at approximately $31 million, causing substantial financial losses and a dramatic decrease in the token’s market value. The hackers exploited a vulnerability in PlayDapp’s system, managing to add a new address as a minter on the platform and…

Billionaire Peter Thiel’s VC Firm Bought BTC and ETH Worth $200 Million in Latter Half of 2023

Founders Fund, a venture capital (VC) firm founded by the billionaire Peter Thiel, is believed to have acquired bitcoin and ethereum worth $200 million sometime in the second half of 2023. The VC firm reportedly began purchasing bitcoin when its price was still under $30,000. Founders Fund’s Renewed Interest in Crypto In the latter half […] Source CryptoX Portal

Bitcoin Received $200 Million Investment From This Financial Giant

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According to a Reuters report, Founders Fund, the venture capital (VC) firm founded by billionaire Peter Thiel, is once again betting big on the flagship cryptocurrency, Bitcoin. The VC firm is reported to have made significant profits on their last Bitcoin investment and would be hoping that this next market cycle also brings immense rewards.  Founders Fund Already Made A $200 Million Investment In Bitcoin And Ether From late summer to early fall last year, Peter Thiel’s Founders Fund reportedly invested $200 million in the two largest crypto tokens by…

Analog Secures $16 Million for Web3 Interoperability Boost, Launches Cross-Chain Partnership Program

On Monday, the Web3 blockchain interoperability platform Analog announced the team has raised $16 million in a funding round from a wide array of venture capitalists and firms including Balaji Srinivasan, Tribe Capital, and Wintermute. Furthermore, Analog has launched its Launch Partners Program to bolster the presence and market dominance of cross-chain initiatives. $16 Million […] Source CryptoX Portal

Whale Scoops Up $84 Million Worth Of LINK

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The cryptocurrency market has been abuzz with excitement as a mysterious Chainlink (LINK) whale embarks on a remarkable shopping spree, accumulating an astonishing volume of LINK tokens. Recent data from Lookonchain reveals that this enigmatic whale wallet has acquired more than 4.5 million LINK tokens over the course of just three days. Based on the current LINK price, this accumulation is valued at a staggering $84 million. Chainlink Whales Surge, Holders Optimistic This relentless accumulation activity by the Chainlink whale has captured the attention of analysts and investors, generating anticipation…

Bitcoin (BTC)’s Price Faces Threat As Analyst Foresees $54.73 Million Liquidation

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According to data from CoinMarketCap, Bitcoin (BTC) has maintained its upward price trajectory over the last day, gaining by 4.04% to briefly trade above the $48,000 mark. As BTC now hovers around the $47,100 price zone, investors and market experts remain highly speculative about the token’s next action. On that note, popular analyst Ali Martinez has called a major prediction that could spell weighty losses for many investors.  Liquidity Hunters Target $45,810 In Potential Bitcoin Price Manipulation Plot  In an X post on Friday, Martinez predicted an incoming dip in…

Chainlink Breeds New Whales As $49.9 Million Accumulation Spree Cause Prices To Surge

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Chainlink (LINK) has traders buzzing as its price has been up by 40% since the last week of January, massively outpacing the broader cryptocurrency market. Amidst this price spike, mysterious whale wallets have been topping up their holdings, as evidenced by on-chain data.  According to blockchain tracker Lookonchain, there’s been a massive outflow of LINK from crypto exchange Binance in the past two days, particularly with 49 new wallets receiving 2,745,815 LINK within this timeframe.  Massive LINK Accumulation Occurs On Binance Before Withdrawal Details from Binance point to an ongoing…