Nearly 1 billion dollars in Bitcoin moved from an address linked to Silk Road

The anonymous user may have made the transaction „to stay up to date with the Bitcoin network“, but the possibility of a hacker attack is not excluded.

An anonymous crypto user has just moved 69,370 Bitcoins from an address associated with the former Silk Road marketplace, which recently became the target of a hacker attack.

According to a November 3 report from the CipherTrace analyst firm, the transaction includes two moves totaling 69,370 Bitcoins (BTC), approximately $960 million at the time of publication of this article. The funds started from an address linked to Silk Road, which closed in 2013. The mysterious user first sent 1 BTC, probably as a trial transaction, and then moved most of the coins.

CipherTrace assumed that the anonymous user made the movements „to stay up to date with the Bitcoin Era network“ by switching from one address format to another. Since the last time someone moved funds associated with the deceased marketplace was in April 2015, the wallet should also have all Bitcoin Cash (BCH) and Bitcoin SV (BSV) associated with hard forks in the past.

However, the company has not ruled out the possibility of a hack:

„These movements could mean that the owner of the wallet is moving funds to new addresses to prevent hackers from accessing the wallet.dat file, or that the hackers have already cracked the file“.

The Silk Road funds were contained in a wallet known to the hacker community for more than two years. In September, a Twitter user claiming to have the wallet.dat file launched an appeal to find solutions on how to access the over 69,000 coins, even suggesting a quantum computer as a potential method for determining private keys.

Silk Road was a darkweb platform that allowed users to buy and sell illegal goods such as weapons and credit card numbers, but most of the exchanges were linked to various drugs. Ross Ulbricht, the site’s founder, is currently serving two life sentences without parole after being found guilty of money laundering, computer hacking and conspiracy to commit drug trafficking. From prison, he still provides regular analysis of the Bitcoin market.

„Whales buy ChainLink despite criticism of this token.

The accumulation of ChainLink (LINK) cryptovoltaic currency continues, with the greatest interest being shown by major investors or so-called „whales“.

Researchers from the Santiment team Bitcoin Capital have published another review of this cryptographic project this week. It says that „whales“ have been actively buying up LINK tokens since January 2020.

Aggressive buying is observed at moments when coin values are falling. Since the beginning of the year, LINK has grown by more than 5% (+34.32 million coins). „Whales are clearly committed to long-term storage of altokoin.

On Sunday 1 November, LINK rose to $11.3 (+1.59%). The capitalisation of the crypt currency now stands at just over $4.386 billion. The coin is firmly on line six in the ranking of the largest digital assets.

The Santiment team’s report shows that investors are accumulating tokens despite the fact that many analysts doubt the potential of ChainLink.

One of the opponents of this cryptoproject is Zeus Capital. It used to call LINK a „bubble“ that is about to burst.

In the second half of October, analysts from the same company once again recalled the speculative nature of altokoin.

Zeus Capital expects the LINK price to correct in the very near future. As proof of their forecast, analysts pointed to the stagnation of the ChainLink crypt currency, which has been „trampling“ on the spot for several consecutive days.

The coin is traded below $12 amid a capital transition from altokoin to bitcoin. If this trend continues, we will see a rollback of LINK to $10 or even below in the coming days.

Ethereums Perpetual Swap Volume Crashes, da Top Altcoin fortsætter med at forsinke bag Bitcoin

Ethereums evige swapvolumen er styrtet 56 procent i løbet af de sidste fire dage, ifølge IntoTheBlock-data.

Navnlig det faldende fald fandt sted, efter at det nåede sit højeste i 2020 på $ 6,3 mia.

Binance og Huobi tegner sig sammen for over 46 procent af det kumulative volumen.

Handleres interesse i Ethereum afkøles

I modsætning til derivater, som futures og optioner, har evige swaps – som først blev introduceret af den urolige BitMEX-børs – ingen udløbsdatoer.

Disse er aldrig leverede futureskontrakter, der giver handlende mulighed for at gå lang eller kort på en bestemt kryptokurrency med gearing.

Som rapporteret af U.Today nåede Ethereums evige bytte en ny heltidshøjde på BitMEX den 14. august. Produktet anses bredt for at være ansvarlig for den korrektion på 60 procent, der fandt sted kort efter noteringen.

Tilbage i august lancerede sådanne udvekslinger som Binance endda evige swaps knyttet til indekserne for tokens fra det decentrale finansieringsøkosystem.

Efter at den spekulative glød var afkølet, begyndte forhandlere at miste interessen for Ethereum og DeFi-tokens.

Ethereum bliver bedre end Bitcoin

Bitcoins evige volumen har taget et endnu stejlere fald på 70 procent (fra $ 8,07 mia. Den 21. oktober til $ 2,38 mia. Den 26. oktober).

Imidlertid viser den førende kryptokurrency betydeligt mere styrke end dens nærmeste udfordrer for sent.

Den seneste Ethereum-rally blev ledet af Bitcoin, hvilket bliver tydeligt, når man ser på den voksende dominans, der står som sin højeste måned på 61,4 procent, viser CoinMarketCap-data.

Bitcoin er igen i førersædet. Efter at have taget 2020-højden ud er den igen i det grønne i dag med en stigning på 1,57 procent. I mellemtiden er Ethereum nede på 0,92 procent og klamrer sig fast på $ 400-niveauet.