Top 10 Ethereum wallets now hold 23.7% of total ETH supply
Santiment on-chain data aggregator shows that since last year, the ten largest Ethereum wallets have increased their ETH balance, raising it to a total 23.7% of the second-biggest cryptocurrency that is circulating out there at the moment.
According to Glassnode, whales have recently removed a staggering $1.4 billion worth of Ethereum from multiple crypto exchanges, compared to $739.7 million of ETH inflows.
Luna Foundation’s Bitcoin reserve wallet now holds $1.1 billion in BTC
From March 22 to now, Luna Foundation Guard (LFG) continuously makes BTC purchases with regularity every day, with a value of each purchase of about 3,000 BTC, to form the escrow reserve fund for the stablecoin UST of the Terra ecosystem (LUNA).
This means that LFG has added up to 15,000 BTC in the last 5 days. As of the morning of March 27, LFG is holding up to 24,954 BTC, equivalent to 1.1 billion USD.
Israel’s largest bank enables crypto trading to its customers
Pepper Invest, the digital platform of Israel’s biggest bank, Leumi announced the news on March 24, following a partnership with U.S. blockchain startup Paxos. For the time being, only Bitcoin and Ethereum will be available to Pepper Invest clients to buy, hold, and sell.
Pepper will collect tax according to the guidelines of the Israeli Tax Authority so that customers will not need to manage tax complexities. Additionally, the service would remove the hazards associated with downloading a digital cryptocurrency wallet.
Zil rises 75.58% after 24h
ZIL, the utility token belonging to the Zilliqa network, has increased by 75.58% with an explosive transaction volume of 391.57 million USD, an impressive number compared to the previous 10 days’ average of around 45 million USD.
With these achievements, ZIL has officially reached the milestone of 93.05% increase after only 1 week and 122.26% increase after 1 month.
The number of Bitcoin addresses holding from 1,000 to 10,000 BTC increases again
The number of Bitcoin addresses holding between 1,000 to 10,000 BTC has increased by 8.3% since the Russia-Ukraine war officially broke out. Currently, there are 2,203 Bitcoin addresses holding between 1,000 to 10,000 BTC, hitting a 1-year high.
Ukraine launches MetaHistory NFT Museum
Ukraine’s Ministry for Digital Transformation has launched Meta History Museum of War, an NFT collection to help document Russia’s war crimes in Ukraine and raise money for humanitarian aid.
The collection is currently comprised of 54 NFTs documenting the events of the first three days of the war. All proceeds will be made use of by Ukraine’s Digital Transformation Department for humanitarian efforts in the nation.
ApeCoin becomes the most traded token among Ethereum whales
ApeCoin (APE) has become the most traded token by Ethereum whales over the past 24 hours, reaching a holder count of over 36,500 wallets just 6 days after being listed on the largest cryptocurrency exchanges.
Bored Ape Yacht Club (BAYC) is a famous NFT collection, which has provided more than 145,000% profits for anyone who bought at the minimum price less than a year ago.
Avalanche launches $100 million creator fund
The Avalanche Foundation and web3 social media platform Op3n announced launching Culture Catalyst, a $100 million initiative for creatives to build projects on Avalanche as the blockchain network grows its profile with non-crypto natives.
LG Electronics adds blockchain and crypto as new areas of business
According to a local South Korean news report, LG added two distinct crypto-related objectives during its annual general meeting on Thursday. The objectives include “the development and selling of blockchain-based software” and “the sale and brokerage of cryptocurrency,”.
Stargate Finance attracts $1.9B in six days
Stargate Finance, a cross-chain protocol designed to assist users in transferring assets between different blockchains, has accrued over $1.9 billion in total value locked (TVL) in less than a week after launching.
By attracting nearly $2 billion in TVL, Stargate has cemented itself as one of the top 10 DeFi projects, according to comparative data from DeFi Pulse.