Crypto News
Dormant Ether Whale Moves $13M in ETH to Kraken
An ether (ETH) whale, who has held the token since its initial coin offering (ICO), made waves on Monday as it moved ETH worth millions to crypto exchange Kraken, according to blockchain sleuth Spot on Chain.The whale deposited 7,000 ETH, worth $13.8 million at press time, to Kraken as the token's price plummeted along with the broader market on U.S. recession fears. Ether tanked to $1,760, reaching the lowest since October 2023, and last changed hands at $1,900.Large inflows into exchanges are said to represent investors' intention to liquidate the asset or deploy the same as margin/collateral in derivatives trading. This often breeds price volatility.The ether ICO whale still holds 30,070 ETH worth over $50 million.Source link
BitMEX Launches Q2 2025 Quarterly Futures Contracts
BitMEX has announced the launch of its Q2 2025 quarterly futures contracts, enhancing trading options for its users. However, access remains restricted in certain jurisdictions. (Read More)Source link
Regulatory Hurdles Fail to Deter Binance’s Popularity in Nigeria
Binance has been identified as the top cryptocurrency exchange for Nigerians due to its strong peer-to-peer (P2P) marketplace, which facilitates trading using local payment methods. Binance Stands out Despite Ongoing Dispute With Nigerian Officials Binance has been ranked the number one cryptocurrency exchange for Nigerians primarily because of its robust peer-to-peer (P2P) marketplace, which allowsSource link
Nimblebites Launches Super-B Game Leveraging Blockchain and AI
South Korean developer Nimblebites introduces Super-B, a blockchain-based game using Sui and AI for enhanced gameplay. Launch expected in Q3 2025. (Read More)Source link
CoreWeave Partners with OpenAI to Enhance AI Infrastructure
CoreWeave has announced a significant partnership with OpenAI, providing AI infrastructure to bolster OpenAI's compute capabilities for advanced model training. (Read More)Source link