#stock market

During a market upswing, $100K worth of ETH is traded for stablecoins via Vitalik Buterin’s ENS address.

by
During a market upswing, $100K worth of ETH is traded for stablecoins via Vitalik Buterin's ENS address.

Blockchain analytics show that a $100,000 ether transaction using the Ethereum Name Service (ENS) domain “vitalik.eth” resulted in the conversion of that amount of ether into an equivalent number of stablecoins on the Base blockchain. The address, which is allegedly owned by Vitalik Buterin, one of Ethereum’s co-founders, presently has 955.58 ether, valued at approximately … Read more

Fixedfloat, a cryptocurrency exchange, was hacked, losing around $26 million in ETH and BTC.

by
Fixedfloat, a cryptocurrency exchange, was hacked, losing around $26 million in ETH and BTC.

An unidentified hacker gained access to Fixedfloat, an automated cryptocurrency exchange, and stole about $26 million in Bitcoin and Ethereum. The exchange is looking into the incident and trying to close any potential weaknesses; it has already recognized the hack. Until further notice, Fixedfloat’s platform is still closed. $26 million in ETH and BTC are … Read more

The VC firm of billionaire Peter Thiel purchased $200 million worth of ETH and Bitcoin in the second half of 2023.

by

Sometime in the second half of 2023, the billionaire Peter Thiel’s venture capital (VC) firm Founders Fund is said to have purchased bitcoin and ethereum for $200 million. According to reports, the venture capital firm started buying bitcoin when its value was less than $30,000. New Interest in Crypto from Founders Fund Bitcoin (BTC) and … Read more

Market collapse triggered by CPI report: stocks and cryptocurrencies fall as worries about inflation grow

by

The Consumer Price Index (CPI) report, which was released by the U.S. Bureau of Labor Statistics on Tuesday, showed a 0.3% increase in January. After the announcement, the three main market indices fell, Treasury yields increased, and cryptocurrency assets dropped from their recent highs. As January CPI Data Lets Wall Street Down, Stocks Drop and … Read more