An Ethereum wallet with 61,216 ETH that was pre-mined in 2014 and suddenly came to life During a period of inactivity, a wallet address containing pre-mined Ethereum worth US$116 million transferred its entire reserve of 61,216 Ether to a site on the Kraken crypto exchange. The Ethereum environment led a deal event in June 2014, allowing early colleagues and other benefactors to participate and gather pre-mined Ether when the organization couldn’t make tokens alone. The wallet had a value of about US$20 million during the pre-mine period when Ether was trading at US$300-US$400 per coin. Nevertheless, the tokens have risen…
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After setting a swing high at $31,790 on July 13, Bitcoin has recoiled back to its sideways range with $30,000 providing support. The decreasing price volatility means that a breakout could happen in either direction. In the meantime, investors are moving their funds to altcoins to benefit from short-term gains. Bitcoin Price Bears Aggressively Defending the $31K-$32K Supply Zone BTC price tried to break away from consolidation on July 13, after a US judge ruled that XRP was not a security, handing Ripple Labs victory over the US Securities and Exchange Commission (SEC). But the excitement appeared to be short-lived…
Scambook.io, a website that portrays itself as a news publication, defames leading publications and sells its own crypto. The website has been attacking news publication like Analytics Insight, Bitcoinist, Outlook India, and several others and publishing fake news about them and posting their images. The website mentions a one-stop shop for all information about online scammers and fraudsters. However, they run their crypto and try to sell it by defaming others. The token has no management team, no audit reports and is totally a scam, Also, the website is run by a fake identity name edawgii. No proper profile, no…
1. Cathie Wood Cathie Wood—famously bullish on Tesla, Bitcoin, and innovation stocks in general—did not have a good year in 2021. But she remained unwavering. As the founder and CEO of ARK Investment Management, Wood rose to fame in 2020 after some of her actively managed exchange-traded funds shot up nearly 150% in the first year of the Covid-19 pandemic. Ultralow interest rates and investors’ heightened appetite for risk helped fuel her success. 2. Blythe Masters Blythe Masters is a British Private Equity executive and former financial services and fintech executive. She is a former executive at JPMorgan Chase, where…