5.5 million in LINK bought by whale as LINK becomes top asset for ETH investors
According to WhaleStats, an investor made three transactions to buy Chainlink’s native coin, LINK. The owner of the wallet who has acquired 408 million LINK holds 10th place among the largest 100 investors on the Ethereum blockchain.
These three LINK purchases cost the whale slightly over $5.5 million. In the meantime, LINK has taken the position of the most popular asset to trade for whales.
Central Bank of Portugal grants country’s first crypto license to a bank
Bison Bank, a Portugal-based financial institution, has received a license from the Portuguese central bank (Banco de Portugal) to operate as a virtual asset service provider (VASP), Banco de Portugal announced Thursday.
Bison Bank will create a special business division, Bison Digital Assets, to operate as a virtual asset exchange, according to Portuguese media outlet Sapo.
The Russian Ministry of Finance will legalize cryptocurrencies as a means of payment
According to the Russian newspaper Kommersant, the Russian Ministry of Finance is nearing completion of a draft of a law on cryptocurrency regulation and intends to legalize cryptocurrencies as a payment method.
However, the bill does not accept all cryptocurrencies. It is unclear which cryptocurrency Russia will back.
Cross-chain bridge Allbridge brings DeFi to the XRP Ledger
Allbridge has successfully integrated support for XRP Ledger (XRPL), a decentralized, public blockchain built for payments.
The latest integration allows Allbridge to link XRPL with a number of EVM and non-EVM compatible chains, including Solana, Terra, NEAR Protocol, BNB Chain, Fantom, and more chains supported by Allbridge. Leveraging the XRPL’s native decentralized exchange will also allow for the trading of leading stablecoins and DeFi tokens directly on XRP Ledger.
Whale accumulated 8 million DOGE
According to Whale Alert, 8,605,467 DOGE was transferred from multiple wallets to an unknown wallet in the last 24 hours. This amount of meme coins is worth $1,274,022.
Terraform Labs gifts another $880M to Luna Foundation Guard
Terraform Labs has gifted 10 million LUNA ($880 million) to the Luna Foundation Guard to help boost the stability of the stablecoin UST.
The funding will likely go toward the foundation’s goal of acquiring additional collateral — so far in the form of Bitcoin (BTC) and Avalanche (AVAX) — to underpin UST. It may also be partially burned to help maintain UST’s peg to the US dollar.
Bitcoin sees largest exchange outflow in 5 weeks
Specifically, 25,878 or $1.04 billion BTC has left crypto exchanges in 24 hours, which is the largest difference between outflow and inflow in five weeks, according to a chart shared by on-chain and social metrics platform Santiment on April 14.
SHIBA INU becomes one of most actively purchased token in last 24 hours
According to the whale tracking service, SHIBA INU is now the fifth-most purchased asset on the market, which is second only to various stablecoins and Ethereum.
As for the biggest USD position among the 500 largest wallets on Ethereum blockchain, SHIBA INU is still holding first place. Total SHIB holdings by whales are valued at $1.4 billion, which is the highest value of tokens held by whales since the beginning of the year.
Russian Chamber of Commerce suggests using cryptocurrencies in settlements with Africa
In a letter sent to Russian Prime Minister Mikhail Mishustin, President of the Chamber of Commerce and Industry of Russia Sergey Katyrin has laid out a set of proposals to boost economic relations with African nations.
Katyrin suggested instructing the Ministry of Finance and the central bank to ensure the conclusion of intergovernmental agreements with African states on the use of national currencies and cryptocurrencies in mutual settlements and payments.
DEX aggregator 1inch expands to Fantom Network
Decentralized Exchange (DEX) aggregator 1inch said in a press release Thursday it is expanding to the Fantom Network.
The integration will allow traders to source best execution across Curve, Saddle, SushiSwap and other crypto trading venues in Fantom’s cheap, Ethereum-compatible ecosystem.