• Ethereum whales are accumulating Shiba Inu (SHIB) tokens.
• Recent transaction in SHIB was by BlueWhale0298 with 808,270,322 SHIB.
• The top 10 holdings include ETH, USDC, USDT and SHIB with an average amount of $51 million.

Ethereum Whale Accumulating Shiba Inu (SHIB)

Shiba Inu (SHIB) is the most traded token in the market at present and holds the first position on the leaderboard with 496 billion SHIB. A recent transaction in SHIB was by BlueWhale0298 with 808,270,322 SHIB. The top 100 wallets holding Ethereum (ETH), have accumulated more ETH, USD Coin (USDC), and Tether (USDT). Among these top 10 holdings three stablecoins can be witnessed- ETH with an average amount of $51 million, USDC and USDT both in the $7 million level.

Sellers vs Buyers

The number of whale buyers accounts for 24 whereas sellers approximate count is 27. The margin between sell and buy volume is very minimal -$52 million. On 17th March 1227 transactions were recorded and $561,247,274 was invested in them.

Biggest Whale Transfer After Shibarium?

The biggest whale transfer after Shibarium was also made recently worth $25 million which was invested into Pax Dollar by ETH whales within a period of 24 hours.

Average Number Of Transactions

The average number of transactions per day stands at 1227 along with investments of total value worth $561,247,274 .

Conclusion

It can be concluded that Ethereum whales have been actively accumulating Shiba Inu tokens as well as other assets like ETH , USDC , USDT etc . They have also been making large transfers to their wallets , indicating bullish sentiment among investors .

• On March 9, Hedera disabled IP proxies on its network after discovering a smart contract vulnerability that allowed a hacker to steal tokens from DEXs‘ liquidity pools.
• The stolen token total was not verified by Hedera but the group believes the exploit originated from decompiling Ethereum codes onto its HTS.
• Following the incident, HBAR dropped 9% in 24 hours trading at $0.05497 as per CMC at the time of writing.

Hacker Steals Tokens From Hedera Hashgraph

Smart Contract Vulnerability Discovered

On March 9, Hedera successfully disabled IP proxies, cutting off network access after discovering a smart contract vulnerability that allowed a hacker to steal tokens from DEXs‘ liquidity pools. The developers of the distributed ledger revealed that some tokens had been stolen and believed the exploit originated from decompiling Ethereum codes onto its HTS (Hedera Token Service).

Tokens Stolen Not Verified By Hedera

The stolen token total was not verified by Hedera but it claimed to have found the exploit’s „root cause“ and to be „working on a remedy“. For token holders‘ comfort, the team recommended they verify their account ID and Ethereum Virtual Machine (EVM) address balances on hashscan.io following their quick action in disabling proxies soon after discovering the possible attack.

HBAR Drops 9% After Incident Discovery

Following the incident, HBAR dropped 9% in 24 hours trading at $0.05497 as per CMC at the time of writing.

Root Cause Of Attack Found?

The network’s token service (HTS) was modified on February 3 to support smart contract code compatible with Ethereum’s Virtual Machine (EVM). A key step in this procedure is decompiling Ethereum contract bytecode which SaucerSwap thinks is where the attack vector originated although no confirmation has been made by Hedera yet.

Verify Account Balances For Safety Measures

For safety measures, it is advised for users to verify their account ID and EVM address balances on hashscan.io while all necessary precautions are taken by developers within Hedera Hashgraph regarding this smart contract vulnerability and related issues

• Signature Bank has released its 2022 Form 10-K on March 1, 2023 for the fiscal year ended December 31, 2022.
• Signature Bank is a New York-based full-service commercial bank with 40 private client offices in various locations throughout the US.
• Signature Bank also offers equipment finance and leasing services as well as investment, brokerage, asset management, and insurance products and services.

Signature Bank Releases 2022 Form 10-K

Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, announced today the filing of its 2022 Form 10-K on March 1, 2023 for the fiscal year ended December 31, 2022. The Form 10-K can be found on the Signature Bank website here.

About Signature Bank

Signature Bank is a New York-based full-service commercial bank with 40 private client offices throughout the metropolitan New York area, as well as those in Connecticut, California, Nevada and North Carolina. Through its single point of contact approach, Signature Bank’s private client banking teams primarily serve the needs of privately owned businesses, their owners and senior managers.

Subsidiaries of Signature Bank

Signature Bank has two wholly owned subsidiaries: Signature Financial LLC provides equipment finance and leasing while Signature Securities Group Corporation is a licensed broker dealer offering investment brokerage services along with asset management and insurance products and services.

Signet Digital Payments Platform

Signature Bank was also the first FDIC insured bank to launch Signet™ – a blockchain based digital payments platform that allows clients to make real time payments in U.S Dollars 24/7/365. It was also approved by NYS Department of Financial Services for use making it one of the most innovative payment solutions out there today.

Financial Performance

Since commencing operations in May 2001, Signature Bank reported $110.36 billion in assets and $88.59 billion in deposits at December 31st 2022 according to S&P Global’s list of largest banks in U.S., placing 19th on their list based on deposits at year end 2021 results

• Bakkt Holdings, Inc. announced that it will participate in four upcoming investor forums in March.
• The events include the KBW Fintech & Payments Conference, Water Tower Research fireside chat, Wolfe Research FinTech Forum, and Barclays Crypto and Blockchain Summit.
• At each event, Bakkt executives will participate in panel discussions or host one-on-one investor meetings.

Bakkt to Participate in Four Upcoming Investor Forums

Bakkt Holdings Inc., a company focused on connecting commerce with technology solutions unveiled their plan to attend four upcoming investor forums held in March. These events include the KBW Fintech & Payments Conference, Water Tower Research fireside chat, Wolfe Research FinTech Forum, and Barclays Crypto and Blockchain Summit.

KBW Fintech & Payments Conference

At the KBW Fintech & Payment Conference Chief Product Officer of Bitcoin & Crypto Dan O’Prey will be participating in a crypto panel discussion starting at 4:25 PM ET.

Water Tower Research Fireside Chat

Chief Financial Officer Karen Alexander will be participating in a Water Tower Research fireside chat beginning at 1:00 PM ET.

Wolfe Research FinTech Forum

President and Chief Executive Officer Gavin Michael and Chief Financial Officer Karen Alexander will be part of a crypto panel discussion starting at 4:00 PM ET. Additionally they will also host one-on-one investor meetings during this event. A live audio webcast of the panel discussion can be accessed from the company website www.bakkt.com where afterwards a replay of the conversation is available as well.

Barclays Crypto and Blockchain Summit

President and Chief Executive Officer Gavin Michael and Chief Financial Officer Karen Alexander are hosting one-on-one meetings during this two day event which takes place on March 29th – 30th 2023

• An Ethereum (ETH) address dormant for seven years recently reactivated, containing roughly 100 ETH.
• This caused a flurry of speculation and excitement within the cryptocurrency community.
• Many crypto enthusiasts speculated on the identity of the mysterious person or entity behind the address.

Mysterious Ethereum Address Reactivated

The crypto community was recently taken aback when an Ethereum (ETH) address that had been dormant for an astonishing seven years suddenly sprang to life, containing a total of roughly 100 ETH (which currently amounts to around $149,980). This caused a flurry of speculation and excitement throughout the cryptocurrency community.

Transaction Details

According to the transaction details provided by Whale Alert, the address was reactivated 2 hours and 53 minutes ago at a fee of 0.00033502177254 ETH ($0.50 USD). The sudden activity from this ancient Ethereum address has captivated and intrigued many in the crypto space, leading to numerous reactions on social media.

Speculation Over Identity

Many crypto enthusiasts began speculating on the identity of the mysterious person or entity behind the address. Some suggested that it could be a wealthy investor who had been holding onto their funds for years, while others theorized that it might be a sign of something bigger happening in the world of Ethereum.

Staking Possibilities?

Some suggest that the owner may be preparing to stake their newfound ETH, while others believe that this could be the start of many more dormant accounts being reactivated in the near future. Whatever happens next remains to be seen, but it’s certainly an intriguing development that has gotten many people talking.

Conclusion

Whatever truth may lie behind this sudden activation of this long-dormant ETH address has sparked numerous reactions from crypto enthusiasts on Twitter – prompting further speculation as well as anticipation for what may come next within this exciting industry!

• Limit Break is a blockchain-based Web 3 company and the pioneer of free-to-own NFT model.
• The company will give away thousands of its Dragon series NFTs via an interactive advertisement during Super Bowl LVII on February 12.
• Mobile gaming is a $300 billion industry worldwide, and Limit Break expects to grow a massive global audience with its free-to-own NFT model.

Limit Break’s Free-To-Own NFT Model

Limit Break is a blockchain based Web 3 company and the pioneer of free-to-own NFT (non fungible token) model. It has been giving away thousands of its Dragon series NFTs in advance of this coming free giveaway during Super Bowl LVII on February 12. This marks a radical departure from the previous generation of projects, which often charged for digital collectibles instead of giving them away for free. Allowing users to own these tokens outright without any false promises or puffery sets them apart from other projects in the industry. These tokens can be used to enhance player experience in Web3 games – like Limit Break collaborator games „Castaways“ and „Ether Orcs“.

Prominent Figures Behind Limit Break

The new blockchain gaming model was created by legendary game designers Gabriel Leydon and Halbert Nakagawa. With their combined efforts, they have already raised $200 million and expect to grow a massive global audience with their project. Mr. Leydon was also CEO of Machine Zone back in 2016 when it spent more than $5 million on Super Bowl 50 ad time alone; now he looks forward to introducing his new venture at the upcoming Super Bowl LVII with his revolutionary model.

Mobile Gaming Industry Worldwide

Mobile gaming has become one of the biggest industries worldwide – far larger than television, movies and music combined – with over $300 billion revenue generated annually globally. The vast majority is built around the free-to-play model pioneered by Leydon and Nakagawa at Machine Zone, where players can purchase add-ons or earn them by playing specific games. Now Limit Break plans to revolutionize this industry even further by giving away thousands of its Dragon series NFTs via an interactive advertisement that will air during Super Bowl LVII on February 12th 2021.

Interactive Advertising During The Super Bowl

This interactive advertisement will allow viewers to take advantage of this special moment where Limit Break gives out their digital collectibles for free during the Super Bowl broadcast on February 12th 2021! It’s not only an opportunity for fans but also for those who are new to our community as well! With such giveaways, it introduces massive audience to DigiDaigaku which helps set up this project differently from others in the market today while still providing users with ultimate ownership rights over their assets unlike any other before it!

Conclusion

Limit Break’s goal is clear: revolutionize how users interact with mobile games through their groundbreaking free-to own NFT model! With tens of thousands of tokens given away already among existing fans prior to this coming giveaway during Superbowl LVII, we look forward what else they have planned ahead!

• Ripple, a cryptocurrency firm, announced the elevation of former executive Monica Long to the position of President.
• Monica Long has been a part of Ripple since 2013 and has been credited for the company’s success during several crypto winters and hurdles in the market.
• Ripple’s CEO Brad Garlinghouse referred to Long as one of the most renowned figures in the industry in the press release.

Today, Ripple, a cryptocurrency firm, announced the appointment of Monica Long to the position of President. Long has been a part of Ripple since 2013 and has been credited for the company’s success during several crypto winters and hurdles in the market.

The press statement highlighted Long’s role in the development of the Ripple ecosystem, including her work on the introduction of On-Demand Liquidity (ODL), which is now used in 40 countries across several continents. Ripple’s CEO Brad Garlinghouse referred to Long as one of the most renowned figures in the industry in the press release. In addition, the CEO stated that even in the present difficult crypto landscape, Monica has helped led Ripple to a very exceptional point of development and financial health.

In her own words, Long expressed her excitement and immense pride for the opportunity. She stated that Ripple has made a profound impact on the financial industry, and she looks forward to continue to lead the company as President.

The firm is hopeful that Long’s promotion to President will help Ripple continue to lead the industry in the years to come. With Long’s leadership, the company’s already strong financial health is expected to continue. As the industry continues to evolve, Ripple is confident that Long’s forward-thinking and innovative ideas will help the company remain a leader in the space.

• Cameron Winklevoss, co-founder and CEO of the Gemini trading platform, threatened to sue Genesis Global and its parent company, the Digital Currency Group, following the bankruptcy filing of two of its subsidiaries.
• Cameron has been vocal about the Digital Currency Group’s complacency in settling Gemini Earn customers, who are owed $900 million.
• Cameron is taking legal action in order to recoup the funds owed to its customers.

Cameron Winklevoss, the co-founder and Chief Executive Officer (CEO) of the Gemini trading platform, has threatened to take legal action against Genesis Global and its parent company, the Digital Currency Group, following the bankruptcy filing of two of its subsidiaries. The move is an effort to recoup the funds owed to its customers.

The Barry Silbert-led DCG has been complacent in settling the debt owed to the customers of Gemini Earn, a program which pays out rewards to users who subscribe to the product. Cameron has been vocal about the Digital Currency Group’s refusal to offer its creditors a fair deal and is now taking legal action in order to recoup the funds owed to its customers.

The Gemini Earn program was launched in January 2021 and has since become popular among cryptocurrency traders. Unfortunately, the customers of the program have been unable to gain access to their funds as Genesis closed its doors, leaving them unable to access their money. The closure of Genesis left the customers of the program in limbo and the Digital Currency Group’s refusal to settle the debt has caused much frustration among the customers.

Cameron Winklevoss has taken to social media to express his dissatisfaction with the Digital Currency Group’s complacency in settling the debt. He has also threatened legal action in order to recoup the funds owed to its customers. Cameron believes that this move will afford the firm to recoup its funds and restore the trust of its customers.

The situation has been met with much criticism from the cryptocurrency community and the Winklevoss twins have been vocal in their efforts to ensure the debt is settled and the customers of the Gemini Earn program are given access to their funds.

It remains to be seen how the situation will be resolved, but it is clear that the Winklevoss twins are determined to take legal action in order to ensure the customers of the Gemini Earn program are given access to their funds and the debt is settled. This may be a long and drawn out process but it is one that the Winklevoss twins are willing to take on in order to protect the rights of their customers.

• Sam Bankman-Fried (SBF), the founder and former CEO of bankrupt FTX Derivatives Exchange, maintains his innocence with respect to stealing users‘ funds.
• In a Thursday morning Substack letter, Bankman-Fried explained that the collapse of FTX and its sister trading firm, Alameda Research, is a function of the broader turmoil that the financial industry has recorded over the past year.
• SBF noted that Alameda Research failed to hedge its market exposure and as a result, lost approximately 80% of its value.

Sam Bankman-Fried (SBF), the founder and former Chief Executive Officer of bankrupt FTX Derivatives Exchange, has maintained his innocence with respect to stealing the trading platform users‘ funds as alleged by Federal Prosecutors. SBF took to the web Thursday morning to address the allegations in a Substack letter.

In the letter, SBF noted that over the course of 2021, the Net Asset Value of Alameda Research grew to $100 billion with $8 billion of net borrowing (leverage), and $7 billion of liquidity on hand. This growth, however, was not enough to protect the firm from the market turmoil that has been taking place across the financial industry over the past year. As a result, Alameda Research failed to hedge its market exposure, and was unable to prevent the firm from losing approximately 80% of its value.

SBF went on to explain that the failure of FTX and Alameda Research was due to a combination of factors, such as the risk inherent in the business, the lack of proper hedging, and the market volatility. He also noted that the firms‘ losses were not due to any fraudulent activity on his part, and that he was not responsible for the losses.

In the letter, SBF urged readers to take the time to understand the complicated nature of the financial industry and the risks associated with it. He also urged readers to look past the sensational headlines and learn about the reality of the industry.

At the end of his letter, SBF reiterated his innocence and his commitment to protecting the interests of trading platform users. He also promised to cooperate with the Federal Prosecutors in their investigation.

Overall, the situation regarding the collapse of FTX and Alameda Research is still ongoing, and it remains to be seen what the outcome will be. However, SBF has maintained his innocence on the matter, and is hoping that his Substack letter will help to clarify the situation and provide some insight into the complexities of the financial industry.

• On January 12th, the US Securities and Exchange Commission (SEC) charged crypto exchange Gemini and crypto lending firm Genesis Global Capital with offering and selling unregistered securities.
• The SEC claims that the Earn program constitutes the offering and sales of securities that should have been registered.
• The SEC also revealed that Genesis and Gemini generated assets worth hundreds of dollars from hundreds of thousands of investors.

The US Securities and Exchange Commission (SEC) recently charged crypto exchange Gemini and crypto lending firm Genesis Global Capital with offering and selling unregistered securities. According to the SEC’s complaint, the two companies launched a product called Gemini Earn in February 2021, which offered customers up to 8% yields for their loaned crypto assets.

In December 2020, Gemini and Genesis reached an agreement to provide customers with the yield-bearing product. Under the agreement, customers loaned their crypto assets to Genesis, which in turn repaid them with interest. The SEC claims that this constitutes the offering and sales of securities that should have been registered.

The SEC further revealed that Genesis and Gemini generated assets worth hundreds of dollars from hundreds of thousands of investors. As a result, the Commission elected to charge the two companies with offering and selling unregistered securities.

The SEC’s announcement is yet another reminder of the importance of registering securities with the Commission to ensure that investors are properly protected. It also serves as a warning to other companies in the cryptocurrency space that they should not engage in similar activities without first registering with the SEC.

Furthermore, the SEC’s action is a reminder to companies in the cryptocurrency space to take all necessary steps to ensure compliance with the Commission’s regulations. This includes registering with the SEC, as well as providing investors with accurate, complete, and timely information about the investments they are making. Companies should also ensure that their products and services meet the SEC’s standards for investor protection.

By taking these steps, companies can ensure that their products are available to the widest possible range of investors and that their investors are adequately protected from potential fraud or other risks. As the cryptocurrency space continues to evolve, companies should remain vigilant in their efforts to ensure compliance with the SEC’s regulations.