22 Jul 2025, 10:36

Ripple’s Massive 200,000,015 XRP Transfer Raises Eyebrows

Mammoth amount of XRP gets moved, supposedly by Ripple blockchain giant

22 Jul 2025, 10:30

Conflux Launches Offshore Yuan-Backed Stablecoin for Countries in China’s Belt and Road Initiative

Conflux, a Chinese blockchain platform, has announced the launch of a new offshore yuan-backed stablecoin during its Conflux 3.0 network upgrade event in Shanghai. This stablecoin, pegged 1:1 to the offshore Chinese yuan, aims to facilitate cross-border payments, particularly for countries involved in China’s Belt and Road Initiative. Conflux has partnered with fintech firm Anchorx

22 Jul 2025, 09:30

Best Alternative Crypto to Buy as Dogecoin (DOGE) Struggles to Gain Traction

Dogecoin (DOGE) may have had its moment to shine, but as it struggles to gain traction in 2025, a new wave of altcoins is stealing the spotlight, and the clock is ticking. With July racing to a close, investors are scrambling to uncover the top summer tokens poised for breakout moves. Mutuum Finance (MUTM) has emerged as the dark horse on everyone’s radar, sparking serious FOMO. Mutuum Finance is at the 5th stage of presale at $0.03. Stage 5 is already more than 85% sold out as investors rush to access the ground price. The project with a launch price of $0.06, will guarantee a 100% minimum profitability to the people who purchase today. The presale has already raised more than $12.8 million and received the participation of more than 13,800 investors. As the market pivots, Mutuum Finance is the coin you need to watch before this month’s window of opportunity slams shut. Mutuum Finance Presale Maintains Steady Investor Demand Mutuum Finance offers tokens at the price of $0.03. Its ROI at launch is 100% since the cost of the token will be at $0.06 at the beginning of the trading. Interest of investors is continuously increasing, and there are more than 13,800 investors already placing their bets on the presale to the sum of more than $12.8 million. Initial forecasts show that MUTM has potential of reaching up to the range of a $3 price in 2025. This positive forecast is being complemented by its good fundamentals and practical applicability that has been drawing the attention of retail and institutional to the platform. Mutuum Finance Partners with CertiK to Launch $50K Bug Bounty Alongside auditing Mutuum Finance, CertiK has also been engaged in structuring a Bug Bounty Program. The reward pool of the program amounts to $50,000 in USDT and the scheme is open to the reporting and disclosure of vulnerabilities in the smart contracts of the system. The rewards further are provided in four severity levels i.e. low, minor, major and critical. The migration shows the interest of Mutuum Finance in the development of a community-based, safe and sustainable environment. $100K Giveaway Live, Don’t Miss Out In another effort to grow the community, Mutuum Finance has unveiled a $100,000 giveaway . 10 participants will be picked to win $10,000 MUTM. Mutuum Finance (MUTM) Security and Stability Priority Mutuum Finance (MUTM) will introduce a stablecoin that will be pegged to the US dollar (USD) on the Ethereum blockchain. It will be a solid and safe financial vehicle to remain away from the volatility and risk that may be inherent in the case of algorithmic stablecoins. The project has also been completely audited by CertiK as an additional way of enhancing publicly accepted legitimacy. It is one of the most significant milestones that demonstrate the eagerness of Mutuum Finance to turn into an institution-grade and an open DeFi platform. It demonstrates that the team is also interested in comparing to the industry in the aspects of security alongside with the performance. Mutuum Finance has already raised over $12.8 million from more than 13,800 investors, selling out over 85% of its stage 5 presale at $0.03. Early buyers are positioned for a guaranteed 100% ROI at launch when the token lists at $0.06, alongside further upside potential as analysts eye a $3 target by 2025. Backed by a $50,000 CertiK‑verified bug bounty and a $100,000 giveaway, Mutuum Finance is rapidly establishing itself as a secure, high‑growth DeFi contender. Act now before stage 5 sells out. For more information about Mutuum Finance (MUTM) visit the links below Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance

22 Jul 2025, 09:17

CoinDCX launches $11M bounty to recover $44M stolen in crypto breach

Indian crypto exchange CoinDCX has launched an aggressive recovery campaign after confirming a $44 million theft from one of its internal operational wallets. The incident, which is the second-largest publicly known exchange exploit in India, involved no customer funds. However, CoinDCX has offered a bounty of up to $11 million to incentivise the tracking and return of the stolen digital assets. The stolen funds were moved through mixing services like Tornado Cash, raising the complexity of the recovery. As CoinDCX rallies blockchain investigators and security experts to trace the transactions, the industry is watching closely to see if this new model of “post-breach bounties” can be effective in bringing perpetrators to justice. $11 million bounty launched to trace attacker and recover funds The breach was identified on 13 July when CoinDCX flagged unusual activity in one of its operational wallets. After internal audits, the company confirmed that $44 million in digital assets were siphoned from its treasury. In response, it launched a public recovery bounty offering up to $11 million to anyone who can help trace the funds or identify the attacker. CoinDCX said it is working with global cybersecurity firms, on-chain forensics teams, and intelligence partners to follow the trail. It has also notified law enforcement in India, initiating formal legal proceedings. The exchange has made it clear that its goal is not only to recover the stolen assets but to send a strong deterrent signal to future attackers. Blockchain investigator ZachXBT published on 15 July that some of the funds had already been swapped for Ethereum (ETH) and routed through mixing protocols, making the trail harder to follow. Despite this, CoinDCX’s bounty is one of the largest ever offered by an Indian exchange, underscoring its commitment to asset recovery. Breach stemmed from internal wallet vulnerability According to analysis from blockchain security firm Cyvers, the exploit began with a suspicious transaction of $1.1 million. The attacker accessed one of CoinDCX’s operational wallets, but did not compromise smart contracts or customer-facing infrastructure. All user funds remain intact, with the loss absorbed entirely from the company’s treasury. The breach has prompted CoinDCX to audit all wallet configurations and reinforce operational security protocols. The affected wallet has been decommissioned, and no further suspicious activity has been detected since the initial attack. The company has also implemented new controls to monitor and isolate unusual wallet activity in real time. This marks the second major crypto security incident involving an Indian exchange. WazirX previously disclosed a $230 million breach in 2022. Both cases were the result of platform-specific operational failures rather than protocol vulnerabilities or regulatory issues. Industry braces for more transparency and internal audits The CoinDCX incident has renewed focus on operational security standards across India’s crypto landscape. Despite having one of the world’s largest Web3 developer communities, India’s centralised crypto exchanges have faced repeated breaches due to flawed internal systems. CoinDCX’s decision to absorb the loss internally and respond publicly with a recovery bounty sets a potential precedent. As Indian exchanges face pressure to prove their resilience, similar bounty-backed recovery models could become a new industry norm. Other exchanges may also be forced to conduct internal audits and disclose results to restore user confidence. While regulatory clarity in India is still evolving, the breach highlights the urgent need for exchanges to implement rigorous internal safeguards beyond external compliance. CoinDCX is expected to issue additional updates as the investigation progresses. As of now, no individuals have been publicly identified in connection with the attack, and the stolen assets remain unrecovered. The post CoinDCX launches $11M bounty to recover $44M stolen in crypto breach appeared first on Invezz

22 Jul 2025, 09:02

Tornado Cash Co-Founder May Seek Mistrial Over Witness Testimony

Tornado Cash co-founder Roman Storm’s legal team may seek a mistrial , arguing that a government witness’s testimony has no connection to the crypto mixer case. The potential request was raised before Manhattan federal judge Katherine Polk Failla on Monday, questioning the validity of the testimony provided by government witness Hanfeng Lin, Inner City Press reported . If granted, a mistrial would render the current proceedings invalid, either dismissing the case or requiring a retrial with a new judge and jury. Storm was charged in 2023 with money laundering conspiracy, conspiracy to violate U.S. sanctions, and operating an unlicensed money-transmitting business. He faces up to 45 years in prison. His co-founder, Roman Semenov, charged in the same case, remains in Russia and has not appeared in court. Disputed Testimony Over Crypto Scam Lin testified on Tuesday that she lost $190,000 in a crypto romance scam that began on WhatsApp in 2022. She described how a scammer convinced her to purchase Bitcoin and send it to a fraudulent trading platform that falsely displayed high returns, prompting her to send more funds. Eventually, the scammer disappeared with the funds. Lin said that Payback, a crypto recovery service she hired, informed her that some of her stolen Bitcoin had passed through Tornado Cash. However, Storm’s lawyer, David Patton, stated that their research over the weekend could not find any evidence linking Lin’s funds to Tornado Cash, indicating the defence would consider moving for a mistrial due to this testimony. Crypto Sleuths Challenge Connection to Tornado Cash FBI Special Agent Joseph DeCapua, a government crypto tracing expert, testified regarding the general flow of crypto from hacks into Tornado Cash but confirmed under cross-examination that he had not reviewed Lin’s transactions specifically. The prosecution indicated it would bring in IRS analyst Stephan George to prove Lin’s funds touched Tornado Cash. Meanwhile, independent blockchain researchers have cast doubt on Lin’s claims. MetaMask security researcher Taylor Monahan posted on X that her analysis showed the scammers who stole Lin’s funds did not use Tornado Cash. She explained that the scammers converted Lin’s Bitcoin to Ether, and the transactions were mistakenly flagged by Payback due to bundling errors onchain. Prominent blockchain investigator ZachXBT supported Monahan’s findings, criticising Payback’s tracing work, noting that the firm had followed incorrect transaction paths, leading to an inaccurate claim that Lin’s funds interacted with Tornado Cash. The post Tornado Cash Co-Founder May Seek Mistrial Over Witness Testimony appeared first on TheCoinrise.com .

22 Jul 2025, 09:00

Ethereum Transfers Soar: A Staggering $100 Billion Milestone Achieved

BitcoinWorld Ethereum Transfers Soar: A Staggering $100 Billion Milestone Achieved Are you watching the crypto markets closely? If so, you’ve likely felt the buzz surrounding Ethereum lately. Recent data has revealed a truly remarkable surge: Ethereum transfers exceeding $100,000 have collectively surpassed an astonishing $100 billion in a single week. This isn’t just a big number; it’s the highest weekly volume recorded since 2021, according to insights shared by Sentora (formerly IntoTheBlock) on X. This significant uptick in large-scale Ethereum transfers signals a powerful resurgence of activity from institutional investors and substantial holders, painting a compelling picture of renewed confidence and engagement in the second-largest cryptocurrency. What’s Driving This Massive Surge in Ethereum Transfers? The recent explosion in high-value Ethereum transfers isn’t happening in a vacuum. Several key factors are likely contributing to this impressive surge, reflecting a maturing market and evolving investor strategies. Understanding these drivers is crucial for anyone trying to make sense of Ethereum’s current trajectory. Institutional Re-engagement: After a period of cautious sentiment, large financial institutions, hedge funds, and corporate treasuries appear to be re-entering the Ethereum ecosystem with significant capital. This could be driven by clearer regulatory landscapes in some regions, growing acceptance of digital assets, or the anticipation of future developments like spot Ethereum ETFs. These entities often make large, strategic moves, directly impacting the volume of high-value Ethereum transfers . Staking Growth and Restaking Protocols: Ethereum’s transition to Proof-of-Stake has opened new avenues for yield generation through staking. As more ETH is staked, particularly by large entities, the underlying movements of these significant holdings contribute to the overall transfer volume. Furthermore, the rise of liquid staking derivatives and innovative restaking protocols (like EigenLayer) are creating complex financial instruments that involve substantial Ethereum transfers as capital flows between different DeFi applications. DeFi and NFT Market Resurgence: While not at their 2021 peaks, the decentralized finance (DeFi) and non-fungible token (NFT) sectors continue to mature. Large capital movements within these ecosystems – from liquidity provision in decentralized exchanges to significant NFT purchases or collateralization in lending protocols – inherently involve large Ethereum transfers . As confidence returns to these segments, so does the underlying transaction volume. Macroeconomic Factors and Risk Appetite: A broader shift in global macroeconomic conditions, including expectations around interest rates and inflation, can influence investor appetite for riskier assets like cryptocurrencies. When traditional markets show signs of stability or a potential pivot in monetary policy, institutional investors may allocate more capital to digital assets, leading to increased Ethereum transfers . How Do These Large Ethereum Transfers Impact the Ecosystem? The sheer volume of these high-value Ethereum transfers carries significant implications for the entire Ethereum ecosystem and the broader crypto market. It’s not just about the numbers; it’s about what these numbers signify for Ethereum’s health, stability, and future potential. Here’s a breakdown of the key impacts: Impact Area Description Significance for Ethereum Transfers Market Confidence A strong signal of institutional and whale confidence in Ethereum’s long-term value proposition. Reinforces positive sentiment, potentially attracting more investment. Liquidity and Price Stability Increased large transfers contribute to deeper market liquidity, making it easier to buy/sell without drastic price swings. Can lead to more stable price action and reduced volatility, appealing to larger investors. Network Utilization Higher transaction volumes, especially large ones, indicate robust network usage. Demonstrates Ethereum’s continued relevance and utility as a foundational blockchain. Development and Innovation Inflows of capital can fuel further development, upgrades, and innovation within the Ethereum ecosystem. Supports ongoing efforts to improve scalability (Layer 2s), efficiency, and new dApp creation. Gas Fees and Congestion While a sign of health, high activity can lead to increased gas fees and network congestion. Highlights the ongoing need for Layer 2 scaling solutions to handle demand efficiently. This surge in Ethereum transfers underscores the network’s critical role as a settlement layer for significant value, cementing its position as a pillar of the decentralized economy. Are There Any Challenges Associated with High-Volume Ethereum Transfers? While the resurgence in large Ethereum transfers is largely a positive indicator, it’s essential to acknowledge that increased network activity can also bring certain challenges. Understanding these potential hurdles provides a more balanced perspective on Ethereum’s current state and future trajectory. Network Congestion and Gas Fees: The most immediate challenge associated with a significant increase in Ethereum transfers is potential network congestion. When demand for block space outstrips supply, transaction processing times can slow down, and more importantly, gas fees – the cost of executing a transaction on the Ethereum network – can rise significantly. This can make smaller transactions less economical for everyday users. Scalability Concerns: While Ethereum’s roadmap includes major scalability upgrades (like sharding), the current surge highlights the ongoing need for these solutions. The base layer still faces limitations in processing a massive number of transactions concurrently without increasing costs or delays. This makes the adoption and efficiency of Layer 2 scaling solutions (e.g., Arbitrum, Optimism, zkSync) even more critical for handling the bulk of future Ethereum transfers . Security Risks with Large Holdings: The concentration of large sums of ETH in institutional hands or smart contracts, while indicative of confidence, also presents a larger target for potential security exploits. Robust security practices, both at the institutional level and within the smart contracts facilitating these large Ethereum transfers , become paramount. Regulatory Scrutiny: Increased institutional involvement and the movement of vast sums of money naturally attract more attention from regulators worldwide. While some clarity is emerging, the evolving regulatory landscape remains a challenge that could impact how large-scale Ethereum transfers are conducted in the future. Addressing these challenges is vital for Ethereum to continue its growth path and maintain its appeal to both large institutions and individual users. Actionable Insights for Navigating the Ethereum Landscape With large Ethereum transfers making headlines, what does this mean for you, whether you’re an investor, developer, or simply an observer? Here are some actionable insights: Monitor On-Chain Data: Keep an eye on metrics beyond just price. Tools like Sentora (IntoTheBlock) provide invaluable insights into large wallet movements, exchange flows, and other on-chain activities that can signal broader market trends. Understand Layer 2 Solutions: For everyday transactions, familiarize yourself with and utilize Layer 2 networks. They offer significantly lower gas fees and faster transaction times, making the Ethereum ecosystem more accessible and affordable for smaller Ethereum transfers . Assess Risk Appetite: The presence of institutional money can bring both stability and volatility. Evaluate your own risk tolerance and investment goals before making decisions based solely on these large transfer trends. Stay Informed on Upgrades: Ethereum is a constantly evolving blockchain. Keeping up with core protocol upgrades and developments in the Layer 2 ecosystem will provide a clearer picture of its long-term potential and capacity to handle increasing Ethereum transfers . A New Era of Confidence for Ethereum The recent surge in Ethereum transfers , with over $100 billion moved in transactions exceeding $100,000, marks a pivotal moment for the world’s leading smart contract platform. This astonishing volume, the highest since 2021, is a clear indicator of renewed and substantial interest from institutional players and large-scale investors. It reflects a growing confidence in Ethereum’s underlying technology, its robust ecosystem of decentralized applications, and its long-term potential as a foundational layer for the future of finance and the internet. While challenges like scalability and gas fees persist, the commitment to addressing these through ongoing upgrades and Layer 2 development remains strong. This monumental flow of capital underscores Ethereum’s enduring relevance and its critical role in shaping the evolving digital economy, signaling a vibrant and active future for the network. Frequently Asked Questions (FAQs) Q1: What exactly are “Ethereum transfers exceeding $100,000”? These refer to individual transactions on the Ethereum blockchain where the value being transferred is equal to or greater than $100,000. These are typically executed by large individual investors, institutional entities, or automated protocols, distinguishing them from smaller, retail-level transactions. Q2: Why is the $100 billion figure significant for Ethereum transfers? The $100 billion figure, especially as the highest weekly volume since 2021, is significant because it indicates a massive influx of capital from ‘whale’ investors and institutions. It suggests strong conviction and active participation from players who move substantial amounts of money, signaling robust liquidity and confidence in Ethereum’s current and future value. Q3: How does this surge in Ethereum transfers affect gas fees? Increased activity and high-volume Ethereum transfers can lead to higher demand for block space on the network. This often results in increased gas fees, as users bid higher to get their transactions processed faster. While Layer 2 solutions help alleviate this, the base layer can still experience fee spikes during periods of intense demand. Q4: Does this mean Ethereum’s price will automatically increase? While a surge in large Ethereum transfers is generally a bullish indicator reflecting strong demand and institutional interest, it doesn’t guarantee an immediate or direct price increase. Price is influenced by many factors, including broader market sentiment, macroeconomic conditions, regulatory news, and overall supply-demand dynamics. However, sustained large transfers can contribute to long-term price stability and growth. Q5: What is Sentora (formerly IntoTheBlock) and why is their data important? Sentora (formerly IntoTheBlock) is a leading blockchain analytics platform that provides on-chain data and machine learning-driven insights into various cryptocurrencies, including Ethereum. Their data is important because it offers a transparent look into the actual activity happening on the blockchain, providing a more objective view of market trends and participant behavior beyond just price charts. If you found this article insightful, please consider sharing it with your network! Your support helps us continue to provide valuable analysis on the most impactful trends in the crypto space. This post Ethereum Transfers Soar: A Staggering $100 Billion Milestone Achieved first appeared on BitcoinWorld and is written by Editorial Team