The recent announcement of the custody change of WBTC, a wrapped version of bitcoin, has prompted a negative reaction in decentralized finance (defi) protocols that reject Justin Sun’s disclosed relation with the project. Bitgo is moving WBTC custody to a joint venture with Bit Global, another custodian, to diversify custody locations and decentralize private keys […]
Bitcoin Giant Moves 777.91 Bitcoins Worth $52M After 7 Years
Following the activation of a dormant bitcoin address from 2017, which transferred 210 bitcoins at block height 854,501, another inactive wallet created on April 9, 2017, moved 777.91 BTC worth over $ 52 million roughly 35 blocks later. Notably, the owner of the bitcoin might be the same entity that moved 121.63 BTC a …
Sleeping Bitcoin Wallet From 2017 Moves 121.63 BTC Worth $8.25M After 7 Years
On July 28, 2024, bitcoin was trading at $ 67,872 per coin when a dormant bitcoin address created in 2017 transferred 121.63 BTC, now valued at $ 8.25 million, after more than seven years. Dormant Bitcoin Address Transfers $ 8.25M This Sunday, at block height 854,349, btcparser.com’s Bitcoin blockchain parser identified a …
Massive Sleeping Bitcoin Wallet From 2013 Moves 750 BTC After 11 Years, Valued at $48M
With bitcoin prices declining by 3.7% in the past 24 hours, a dormant bitcoin wallet, created on May 20, 2013, or just over 11 years ago, moved 750 BTC, valued at roughly $ 48 million at current exchange rates. Vintage Bitcoin Wallet From 2013 Transfers 750 BTC Amid Market Dip On Thursday, a wallet …
Dormant 2012 Bitcoin Wallet Awakens, Moves a Notable 1,000 BTC Worth $60 Million
According to onchain data, a dormant bitcoin wallet created 11 years and nine months ago on Sept. 25, 2012, has transferred 1,000 bitcoins valued at $ 60 million to an unknown wallet for the first time. 11-Year-Old Bitcoin Wallet Transfers 1,000 BTC for the First Time An old BTC wallet established on Sept. 25, …