Crypto exchange Kraken has deposited ether into Eigencloud, the leading restaking protocol on the Ethereum network, even as the platform’s native EIGEN token trades roughly 96% below its all-time high despite holding over $6.5 billion in total value locked. Kraken Deposit Signals Institutional Interest in Ethereum Restaking Kraken, one of the largest U.S.-based cryptocurrency exchanges, […]
Circle minted 250 million new USDC tokens, expanding its circulating supply. The mint was issued on the Ethereum blockchain, boosting on‑chain liquidity. The new USDC is fully backed 1:1 by U.S. dollar reserves. On-chain data service Solana Floor announced the minting of 250 million USDC at the USDC Treasury. The transaction, which is recorded on […]
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Binance, the world’s largest cryptocurrency exchange by trading volume, announced on May 26 a formal partnership with BlockShoals Technologies — a Philippine-based fintech infrastructure firm — that positions the exchange to re-enter one of Southeast Asia’s most active crypto markets through the Philippine Securities and Exchange Commission’s StratBox regulatory sandbox, more than two years after […]
Binance spent 24 months working with the Philippine SEC to align with local crypto regulations. BlockShoals Technologies is Binance’s SEC-registered Philippine service provider and Crypto Asset Intermediary. Filipinos can now access Binance through a locally registered, SEC-regulated entity for the first time. Binance, a global cryptocurrency exchange, has announced its official entry into the Philippines […]
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The post Ethereum Whale Transfers 2,000 ETH After Decade-Long Hold appeared on BitcoinEthereumNews.com.
An address beginning with 0x158 moved nearly 2,000 ETH after more than 10 years. Arkham data showed the ETH was bought during Ethereum’s 2014 presale at about $0.31 per coin. Ethereum’s 2014 token sale ran from July 22 to September 2, with ETH priced around $0.31. A long-dormant Ethereum presale wallet moved nearly 2,000 ETH after holding the coins for more than a decade, turning one of Ethereum’s earliest purchases into a multimillion-dollar position. Arkham monitoring showed that the address, starting with 0x158, bought the ETH during the 2014 Ethereum presale at about $0.31 per token. At current prices, the transfer was worth around $4.2 million, compared with an original cost of roughly $620. Presale Wallet Moves After 10 Years Data showed the old wallet moved 1,998 ETH to another address, followed by two smaller 1 ETH transfers. The larger transfer was valued at about $4.22 mill