As bitcoin vaulted past $ 100,000, long-inactive wallets abruptly awakened, their enigmatic microtransactions igniting theories about whether elusive stakeholders are conducting trial runs or camouflaging grander financial maneuvers. Dust-Sized Bitcoin Transfers Sometimes Precede Covert Wealth Transfers Blockchain data from the past few months exposes a curious reanimation of idle coins, coinciding with bitcoin’s breach …
Five days ago, a significant number of dormant bitcoins tied to early addresses were reactivated after years of inactivity. Notably, many of these wallets trace their origins to 2017, marking an intriguing revival of funds untouched for years. Meanwhile, market analytics firm Santiment reports that bitcoin wallets containing between 100 and 1,000 BTC have climbed […]
Conor Grogan, Director of Product Strategy at Coinbase, has recently linked 430 bitcoin to the now-free former founder and operator of Silk Road, Ross Ulbricht. According to Grogan, these funds are scattered across dozens of wallets that were not confiscated at the time of Silk Road’s takedown operation, and have been untouched for more than […]
With bitcoin maintaining a sustained trajectory well beyond the $ 100,000 threshold for over 48 hours, a fascinating revival of dormant bitcoin addresses has been observed, rekindling activity after years of profound dormancy. From Dust to Millions: Dormant Bitcoin Wallets Roar Back to Life Legacy wallets, many untouched for nearly a decade, are reawakening …
Slinky, a blockchain project that uses ZK compression, has launched an airdrop to distribute 10% of its total supply to 27.7 million wallets on Solana. The project utilizes ZK-compressed token accounts, a storage mechanism that allows launching a massive airdrop and keeps costs low. Slinky explained that by employing traditional methods, such an operation would […]