As Bitcoin price staggers, ‘whale’ wallets may be becoming an endangered species
The number of whale wallets is down 16% since February. As Bitcoin looks to recover from a stomach-churning dip on the back of a strong bid this morning, on-chain data indicates that high net worth ‘whale’ wallets may not be part of the effort. Bitcoin — along with most crypto markets — suffered a staggering series of losses this week following a string of negative Tweets from the world’s second-richest man, Elon Musk. Tesla & Bitcoin pic.twitter.com/YSswJmVZhP— Elon Musk (@elonmusk) May 12, 2021 While prices have begun to rebound, “whale” wallets — a playful term for Bitcoin addresses....
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In its yet another innovative and interactive game, MMORPG casino Dragons.tl brings more options for players to win Bitcoin rewards. The game, according to platform’s official wiki guide, features trees with difference species. “Every week, one species of tree starts to pay 105% for bets of 1 btm or more, while three species start to pay only 85%,” Dragons.tl explained. “In Treefalls, hunches are often real! The purse grows by 10% of the bet amount, on every bet, on a cursed tree. It loses 10% on every bet on a magical tree. This is regardless of whether the bet is a win or a loss.” It is....
There’s more trouble in DeFi as Solend launches a spur-of-the-moment move to crack into a whale’s wallet. On Sunday, the decentralized finance (DeFi) sector came under scrutiny again after DeFi protocol Solend put together a spur-of-the-moment governance proposal related to one of the whale wallets at risk of liquidation. The proposal, dubbed “SLND1 : Mitigate Risk From Whale,” was abruptly launched on Sunday without announcement and the vote closed with a 97% approval rating. The scandal comes on the heels of last week’s sudden layoffs from Coinbase and BlockFi, and the liquidation....
Black Rock Rhino, a leading rhino conservancy in South Africa, is set to raise funds for the endangered species via the auction of rhino horn non-fungible tokens (NFTs). Auction Proceeds to Pay for Sanctuary’s Expenses In what has been billed a first, the rhino conservancy — which is home to over 200 rhinos — together with a blockchain technology firm Virtual Nation Builders, is set to auction the non-fungible tokens at one of South Africa’s biggest NFT marketplaces, Momint. According to a statement released by Black Rock Rhino, the proceeds from the November....
Ryan Walker is an independent consultant and cryptocurrency enthusiast based out of Denver, Colorado. Here, he joins the dots between Darwin's theory of evolution, fiat money and the rise of cryptocurrencies. Charles Darwin first published his theory of natural selection in his book On the Origin of Species in 1859. The result of over 30 years of research, Darwin delivered to the world a new understanding of how modern species came to be, evolving over generations. The son of a wealthy English family, Darwin was not a man in need of money. Nonetheless, for On the Origin of Species and his....
Be one of the 1,000 cryptocurrency users who can choose, buy and adopt from the first generation of 8888 Happy Hippos assembled at the infinity8.io platform. The pre-sale date will run from November 8th, 48 hours before the official public sale on November 11th. NFT trends are growing nowadays. In general, NFTs can be purchased using ETH or any other crypto, which then can be converted into USD using other crypto exchanges. Happy Hippos are a special collection of randomly AI-generated NFTs on the Ethereum blockchain accessible via the Infinity8.io platform, a philanthropic NFT....