Ethereum ICO-era whale address transfer 145,000 ETH weeks before the Merge

Ethereum ICO-era whale address transfer 145,000 ETH weeks before the Merge

An Ethereum (ETH) whale wallet that participated in the Genesis Initial Coin Offering (ICO) and obtained about 150,000 ETH  in 2014 was activated again on Aug. 14 after three years of dormancy. The whale address transferred 145,000 ETH to multiple wallets as Ether price surged to a new 3-month high…

‘Final week of the bear rally’ — 5 things to know in Bitcoin this week

‘Final week of the bear rally’ — 5 things to know in Bitcoin this week

Bitcoin (BTC) enters a new week with a bang after sealing its highest weekly close since mid-June — can the good times continue? After a volatile weekend, BTC/USD managed to restrict losses into the later portion of the weekend to produce a solid green candle on weekly timeframes. In what…

NFT games have edge over ‘money in, no money out’ games: Polygon’s Urvit Goel

NFT games have edge over ‘money in, no money out’ games: Polygon’s Urvit Goel

Polygon’s VP of Global Business Development for gaming Urvit Goel believes games that integrate nonfungible tokens (NFTs) have a natural edge on traditional games that don’t allow users to sell their in-game items. Goel spoke candidly with Cointelegraph in Seoul last week about Polygon’s (MATIC) push toward helping NFT games…

Quant Explains How Bitcoin NUPL Cycles Are Getting Less Volatile With Time

Quant Explains How Bitcoin NUPL Cycles Are Getting Less Volatile With Time

Bitcoin NUPL data suggests that the crypto’s cycles are getting less sharper with time as profit tops and loss bottoms aren’t following a horizontal line. Bitcoin NUPL Didn’t Exceed The 0.75 “Greed” Mark During This Cycle As explained by an analyst in a CryptoQuant post, the BTC profit and loss…

Bitcoin hits K as bearish voices call BTC price ‘double top’

Bitcoin hits $25K as bearish voices call BTC price ‘double top’

Bitcoin (BTC) spiked through $25,000 for the first time in months on Aug. 14, but traders refused to take any chances on a bull run. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Weekend produces brief $25,000 tap for BTC Data from Cointelegraph Markets Pro and TradingView tracked a sudden run-up on…

Velodrome recovers 0K stolen funds from team member Gabagool

Velodrome recovers $350K stolen funds from team member Gabagool

Velodrome Finance, a trading and liquidity marketplace, announced the recovery of $350,000 stolen on Aug. 4. However, the occasion turned bittersweet when internal investigations pointed out the involvement of a prominent team member, who goes by the pseudo name Gabagool. On Aug. 4, one of Velodrome’s high-worth wallets — dedicated…

BlueBenx fires employees, halts funds withdrawal citing M hack

BlueBenx fires employees, halts funds withdrawal citing $32M hack

BlueBenx, a Brazilian crypto lending platform, reportedly blocked all of its 22,000 users from withdrawing their funds following an alleged hack that drained $32 million (or 160 million Brazilian real). While no details about the hack were made available, the company allegedly laid off most of its employees. BlueBenx joins…

Coinbase posts .1B loss, Polygon dApps rocket 400% in 2022 and Elon Musk says inflation is on the decline: Hodler’s Digest, Aug 7-13

Coinbase posts $1.1B loss, Polygon dApps rocket 400% in 2022 and Elon Musk says inflation is on the decline: Hodler’s Digest, Aug 7-13

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week   Elon Musk: US ’past…

Ethereum hits 8-month highs in BTC as money heads for ‘riskier’ altcoins

Ethereum hits 8-month highs in BTC as money heads for ‘riskier’ altcoins

Ether (ETH) is worth more in Bitcoin (BTC) than at any time since the start of the year amid renewed appetite for altcoins. ETH/BTC 1-day candle chart (Binance). Source: TradingView Altcoin market cap returns to $700 billio Data from Cointelegraph Markets Pro and TradingView confirms that ETH/BTC has cleared key resistance…