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  • Whale Moves 888,888 Ethereum (ETH) for Six Cents, Plus Bitcoin, Ripple and XRP, VeChain, Monero: Crypto News Flash

Whale Moves 888,888 Ethereum (ETH) for Six Cents, Plus Bitcoin, Ripple and XRP, VeChain, Monero: Crypto News Flash

October 22, 2018

A big crypto whale is on the move, as Ripple adds a new financial institution to its growing list of clients. Here’s a look at some of the stories breaking in the world of crypto.

Ethereum

A crypto whale just transferred 888,888 ETH – worth about $184 million – for a fee of just six cents.

The crypto was transferred from a wallet on Binance to an address that now has a total of 988,888 Ether.

888,888 $ETH ($183,359,816.64 USD) transferred from #Binance to Unknown wallet Tx:https://t.co/vdmda6FfdD

— TrueDeFi (@trueDeFi) October 21, 2018

Bitcoin

A crypto startup called Cyclebit says 130 coffee shops across Spain will integrate its new payment system to accept Bitcoin.

The company has created a mobile point-of-sale device to process payments.

Daniel Bessmert at the first #Nostrum crypto-capable restaurant in #Barcelona pic.twitter.com/XqggQa5oJB

— Cyclebit (@Cycle_bit) October 18, 2018

Ripple and XRP

Ripple has added another financial institution to RippleNet, the company’s network of companies using Ripple’s technology to improve the efficiency of cross-border payments.

Flutterwave says it decided to join RippleNet to help realize its goal of providing a state-of-the-art payment infrastructure that connects Africa to the world.

Meanwhile, XRP has been added to Alphacat, a crypto startup based in Hong Kong.

The platform is designed to give crypto traders real-time price forecasts powered by A.I. and big data.

https://twitter.com/Alphacat_io/status/1053309353778966528

VeChain

The first decentralized app running on the VeChainThor blockchain is set to launch on October 31st.

The creators of Decent.Bet call the ambitious project an “open-source peer-to-peer blockchain gaming platform where anyone with an idea can build a game, a predictive market, or a casino room and share in the revenue.”

New numbers from CoinMetrics.io confirm Monero’s recent hard fork has successfully lowered transaction fees.

The average fee has dropped from about 60 cents down to about 2 cents.

Average fee has plummeted from 60 cents to 2 cents https://t.co/V6Nwejuo6L pic.twitter.com/d6d8qYB8WU

— CoinMetrics.io (@coinmetrics) October 20, 2018

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