PEPE Plunges 5% on Volume Spike, but Whale Wallets Are Accumulating

PEPE fell more than 5% in the last 24-hour period, dropping from a session high near $0.000014167 to a low of $0.000012915, before seeing a slight recovering. Trading volume reached 13.02 trillion tokens an hour during the sell-off, more than four times the session average of 3.2 trillion, according to CoinDesk Research's technical analysis data … Read more

Number of Unique Active Wallets, Decentralised Apps Spiked in 2023 Testifying to Web3 Boom: Report

The overall Web3 industry witnessed a bunch of ups and downs in the year of 2023 – but in the midst of all the turmoil, it did manage to attract more attention and recorded a boom. The number of unique active wallets (UAW) that interacted with Web3 spiked by 124 percent in 2023, as per … Read more

Google to Show Token Balances in Wallets Running on Bitcoin, Polygon, Fantom Blockchains

Google, in a crypto-supportive move, has decided to show balances of crypto wallets through a simple Google search. The balance information for wallets based on the blockchains of Bitcoin, Arbitrum, Avalanche, Optimism, Polygon, and Fantom will now be shown on Google once the wallet address is correctly typed into the Search bar. Heavily visited web … Read more

CoinDCX, Mesh Partner to Let Users Integrate DeFi Wallets from Within its App

CoinDCX, the Indian crypto exchange platform, has decided to let its users integrate DeFi wallets from within its platform. The aim is to ease the connectivity between centralised exchanges and DeFi wallets. To do so, the exchange has announced a partnership with a US-based fintech firm Mesh. With this, the exchange could be attempting to … Read more

Enforcement Directorate Seizes Rs. 90 Crore Funds Kept in Binance, ZebPay, WazirX Wallets

The Enforcement Directorate on Tuesday said it has taken possession of funds worth Rs. 90 crore, kept in cryptocurrency wallets of exchanges like Binance, ZebPay and WazirX, as part of a money laundering investigation linked to an online gaming app “scam”. “These crypto assets were subsequently taken into possession and transferred into the crypto wallet … Read more

Crypto Wallets Grab Vodafone’s Attention as Telco Looks to Integrate Blockchain in Operations

The senior leadership at Vodafone is looking to integrate the blockchain technology with its operations. The concept of crypto wallets has also grabbed the attention of the UK-headquartered telecom giant in recent times. David Palmer, the lead of Blockchain initiatives at Vodafone spoke about some company plans during a recent interview with Yahoo Finance. Palmer … Read more

IMF Claims El Salvador is Not Buying BTC, Only Consolidating Wallets

The International Monetary Fund (IMF) published a report on Tuesday about its ongoing loan agreement with El Salvador, claiming that the Central American country has not bought any new Bitcoin (BTC) since signing the agreement in December 2024. El Salvador’s Chivo Bitcoin wallet “does not adjust its Bitcoin reserves to reflect changes in clients’ Bitcoin … Read more

CoinStats Hit With Security Breach, Over 1,500 Linked Crypto Wallets Compromised

The CoinStats crypto portfolio app has decided to temporary pause all user activity after it become the latest victim of a security breach over the weekend. Cyber criminals behind the hack lured CoinStats users to click malicious links, falsely promising users of a reward worth 14.2 ETH or $48,128 (roughly Rs. 40.2 lakh). A total … Read more

Crypto Airdrops Spur Use of Web3 Wallets as Blockchain Gaming, DeFi Growth Slows: Report

The number of unique active crypto wallets surpassed t 10 million from April to June, according to a report by an NFT marketplace. The report outlines the performance of Web3 in the second quarter of this year. In Q2 2024, the user base of crypto wallets rose by 40 percent, compared to the March quarter. … Read more

Dogwifhat (WIF) Price Holds Firm as Whale Wallets Continue Accumulating Dogwifhat

Dogwifhat (WIF) continues to draw attention amid volatile market conditions, with the token consolidating around $0.8319 after dipping 1.17% over the past 24 hours, according to CoinDesk Research’s technical analysis model. As for the greater memecoin section as gauged by the CoinDesk Memecoin Index(CDMEME), it is up 1.79% during the same period. Price action formed … Read more