Tag: moves

Plus Token Ponzi-linked wallet moves $2B ETH after 3.3 years of dormancy

coiner

Update (Aug. 8 at 1:48 am UTC): Lookonchain deleted the X post that is the subject of this article after analysts argued the X post was inaccurate as most of the funds had been sold in 2021. A new article covering that latest development can be found here. Hundreds of cryptocurrency wallets that have remained inactive for over three years have suddenly started shifting large amounts of Ether (ETH).According to onchain analyst Lookonchain, up to 789,533 ETH was linked to the Plus Token Ponzi scheme and has not been moved since April…

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El Salvador Moves Bitcoin Reserves to Cold Storage Vault

coiner

On March 14, 2024, El Salvador’s president-elect, Nayib Bukele, unveiled a historic bold maneuver that echoed across the Bitcoin world: El Salvador confirmed the transfer of a substantial portion of its Bitcoin holdings into cold storage, securely kept within a vault in its national borders. This strategic decision marks a pivotal juncture in El Salvador’s Bitcoin journey since the introduction of the Bitcoin Law, which has drawn both admiration and skepticism worldwide. Amidst a cacophony of critiques ranging from allegations of human rights violations to inadequate modern infrastructure, El Salvador…

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Starknet moves closer to EVM compatibility with upcoming ‘Kakarot’ testnet

coiner

Starknet, a zero-knowledge layer-2 scaling solution for Ethereum, is one step closer to becoming fully Ethereum Virtual Machine (EVM) compatible, pending an August testnet launch of Kakarot, a new zkEVM. On June 3, the Kakarot team announced it had received new backing from Ethereum co-founder Vitalik Buterin, Ledger co-founder Nicholas Bacca and Starkware. We have powered up and entered Super Saiyan mode⚡. Kakarot Labs has officially been incorporated and closed a pre-seed round with top-tier investors. Let’s unpack our vision, current standing, and the exciting future ahead. pic.twitter.com/VI8QRdPLfw — Kakarot…

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