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Crypto Whales Move Millions in Bitcoin (BTC) and Stolen Ethereum – Plus Ripple and XRP, Stellar, Tron, Cardano

May 22, 2019

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From millions in Bitcoin and stolen Ethereum on the move to a big update on the Stellar network, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin and Ethereum

Crypto whales are once again making a splash now that Bitcoin is back in the $8,000 range. In the last 24 hours, crypto hodlers have moved 15,111 BTC worth about $120 million.

Two of those transfers moved 2,780 BTC worth $22 million from unknown wallets onto crypto exchanges, indicating those traders may be gearing up to sell. Here’s an overview of the biggest BTC transfers in the last day.

Meanwhile, large amounts of Ethereum (ETH) stolen from the crypto exchange Cryptopia are also on the move.

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In just 24 hours, thieves moved a total of 6,665 ETH worth about $1.7 million in 14 separate transfers, according to Whale Alert.

????????????The past few hours there have been a lot of #Cryptopia hack transfers. We have decided to keep reporting them, because we feel the recent hacks negatively affect the cryptocurrency community and by shining a light on them, we hope to make life a bit harder for the thieves.

— Whale Alert (@whale_alert) May 21, 2019

Last week, the New Zealand-based exchange announced it’s shutting down and liquidating all assets due to the hack. The exchange has frozen all withdrawals indefinitely and says it’s “undertaking an extensive process to confirm amounts owing and available to return to customers.”

Ripple and XRP

Ripple has released a video from its Ripple Regionals event in Dubai, where a new payment corridor from Saudia Arabia to India was officially revealed. Saudi Arabia British Bank and India’s IndusInd decided to work together to open the payment route.

“SABB and IndusInd were a natural fit. Al Jarbou said opening a corridor with India was an obvious choice because India already had a sophisticated payments infrastructure and because the Indian Rupee (INR) was one of the top remittance currencies for SABB.”

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Stellar

The team at Stellar has released their latest Monthly Roundup.

This month’s edition looks at five new hires, the launch of 26 Stellar-based stablecoins, the number of daily active addresses on the network, and more.

Cardano

The latest episode of The Cardano Effect is out. The new edition looks at Cardano’s roadmap, including when the major update Shelley will launch.

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Tron

The Malta-based crypto exchange OKEx has officially launched Tron futures. The exchange is offering rewards for users who open accounts between now and May 24th.

Win a BTC bonus by opening TRON (TRX) futures positions. The more the positions you open, the larger the prize you will win.

*TCs apply.

Details: https://t.co/BAJeY9pW2c pic.twitter.com/4VUGyUVVzz

— OKX (@okx) May 21, 2019

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.