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Bitfinex, Tether Transfer $2.7B Bitcoin To Twenty One Capital
GameFi Guides

Bitfinex, Tether Transfer $2.7B Bitcoin to Twenty One Capital

by admin June 3, 2025



Tether and Bitfinex have moved a massive $2.7 billion worth of Bitcoin to Twenty One Capital, a new Bitcoin treasury firm set to go public on Nasdaq.

On Monday, Tether CEO Paolo Ardoino revealed that 25,812 BTC were sent to a new wallet address as part of pre-funding for Twenty One Capital’s equity raise. 

Tether Group had moved 4812.22029710 BTC to address bc1qzup4k7zn9jur7a8kz0dnaernzyf60h8ez6s9cpmp23wfw5djhvusd4p0v3 as part of the pre-funding of the initial convert/equity raise in Twenty One Capital (XXI)https://t.co/SqhVRzq3k9

— Paolo Ardoino 🤖 (@paoloardoino) June 2, 2025

Ardoino, who is also CTO of Bitfinex, shared the update on X (formerly Twitter), saying the move was “as part of the pre-funding of the initial convert/equity raise in Twenty One Capital.”

Twenty One Capital is backed by major players including Bitfinex, SoftBank, and Cantor Fitzgerald. The firm plans to use a strategy made popular by Strategy (formerly MicroStrategy), buying large amounts of Bitcoin using corporate debt.

Strike CEO Jack Mallers, who leads Twenty One Capital, said the company will show proof-of-reserves to keep things transparent. He also shared wallet addresses and noted that more would follow from Tether and Bitfinex, including an additional contribution made by Tether on behalf of SoftBank.

In total, Mallers mentioned about 31,500 BTC would be moved, including 10,500 from Tether and SoftBank. However, Ardoino’s confirmed move comes just under that figure.

Twenty One Capital will debut on Nasdaq via a SPAC merger with Cantor Equity Partners, trading under ticker symbol XXI. CEP shares jumped 7% to $43 on Monday, later peaking at $59.75.

The company also plans to raise $100 million through convertible notes, which may be converted into shares in the future and used to buy even more Bitcoin.

Also Read: Tether Now Holds 100K Bitcoin & 50 Tons of Gold: Says Ardoino





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June 3, 2025 0 comments
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104,125,016 DOGE Transfer Strikes Major US Exchange Coinbase
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104,125,016 DOGE Transfer Strikes Major US Exchange Coinbase

by admin June 2, 2025


A wallet holding over 104 million DOGE valued at around $20 million emptied its entire balance straight into Coinbase late Saturday night. The move, first picked up by Whale Alert, wasn’t just large. It was from a wallet that’s been completely silent since 2021.

The address, DNbYuLjGbdiqcv39grmE1ahkMU19Y5dFND, had no outgoing activity until this one full transfer. Blockchain data shows it received its first DOGE back in October 2021, with funds traced to Coinbase Pro withdrawal addresses. Since then, it collected DOGE in smaller deposits but never moved any out — until now.

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The full balance was transferred in one shot, with no leftover dust. Just 104,125,016 DOGE out, fee paid, wallet empty.

This kind of move usually raises questions. Transfers of this size to a major exchange typically suggest possible liquidation, positioning for OTC settlement, or consolidation ahead of a move. There’s no way to tell yet, but what stands out is the timing.

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Dogecoin has been under pressure for weeks. After pushing above $0.23 in mid-May, it’s been grinding down — and by the time of this transfer, it had fallen to $0.188, wiping out about 18% in under 10 days. This drop puts the transfer right into a local low, which either means someone’s catching the bottom or exiting on the way down.

Whether it’s a whale waking up, internal Coinbase flows, or a long-term holder cashing out, one thing is clear: DOGE that sat still for nearly four years just moved — and it didn’t move small.



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June 2, 2025 0 comments
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crypto
NFT Gaming

Crypto Whale Send Message With Massive 44M XRP Transfer

by admin June 1, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

A stunning movement of XRP has just been recorded, with 44.1 million tokens, worth over $97 million at current market price, transferred from Turkish crypto exchange Paribu to an unknown wallet.

The sudden move, initially flagged by an XRP investor known as Xaif on social media platform X, comes amid a projected wave of a giga pump forecasted by technical analysts conflicted by waning bullish sentiment surrounding the cryptocurrency.

44 Million XRP Leaves Paribu For Unknown Wallet

On May 31, 2025, at precisely 09:51 AM UTC, a transaction involving 44,100,000 XRP was executed on the XRP Ledger. The source was identified as Paribu, one of Turkey’s most prominent cryptocurrency exchanges.

This makes the source even more interesting, considering it isn’t one of the more popular Western-based crypto exchanges. Nonetheless, the tokens were moved to wallet address “rKeWg9,” which is not previously associated with any major exchange or custodian. 

Blockchain data confirms that the entire amount was delivered successfully, with a transaction fee of just 0.00001 XRP. As noted by the XRP analyst, this is most likely a message from a giant investor, pointing to an accumulation move.

This is is because a significant movement of crypto tokens off an exchange platform is mostly viewed as a sign of long-term holding that reduces selling pressure. 

When high-volume transfers like this are made, they are mostly purchases by institutions or high-net-worth individuals positioning themselves ahead of a bigger price shift. In a market where sentiment can change quickly, such moves carry psychological weight.

As expected, it has caused some optimism among smaller holders, and the next outlook is whether it can attract more buyers expecting a rally.

Giga Pump Incoming For XRP?

Adding to the building fire is a bold proclamation from market analyst Amonyx, who recently took to X to share an ultra-bullish outlook for XRP. Particularly, the analyst noted that XRP is on the way to printing a “giga pump” into the foreseeable long term. 

The chart he shared shows a long-term symmetrical triangle breakout pattern, indicating that XRP has finally broken past a multi-year consolidation phase on the monthly candlestick timeframe, which dates back to 2018.

XRP is currently trading at $2.14. Chart: TradingView

The resemblance of this breakout to Bitcoin’s similar breakout in 2016 is unmistakable. Considering the subsequent Bitcoin price action at the time, the analyst projected a similar move for the XRP price.

Amonyx’s chart outlines an upside Fibonacci extension target above $27.16, with a more extreme resistance band around $71.41, implying a high-momentum move on the macro level. Both of these levels correspond to the 1.618 and 1.902 Fib extension levels, respectively. The trajectory, if sustained, would see XRP competing with Ethereum and possibly even Bitcoin in terms of market capitalization. 

Image From X: Amonyx

At the time of writing, XRP was trading at $2.19, up by 1.33% in the past 24 hours.

Featured image from Unsplash, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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June 1, 2025 0 comments
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$150 Million Bitcoin Transfer Stuns Major US Exchange
NFT Gaming

$150 Million Bitcoin Transfer Stuns Major US Exchange

by admin May 28, 2025


As the cryptocurrency market sees mixed price actions among top crypto assets, the renowned blockchain tracking platform, Whale Alert, has spotted a massive crypto transfer carrying more than one hundred million dollars’ worth of Bitcoin.

On May 27, the tracker revealed that the leading U.S.-based crypto exchange, Coinbase, has received a large Bitcoin transfer involving 1,588 BTC worth over $150 million.

According to the data provided, the massive Bitcoin transfers were made in two separate consecutive transactions and completed in less than an hour.

Each of the transfers was made from anonymous wallets. The first transaction involved 910 BTC and the second 678 BTC, valued at $100,220,361 and $74,686,024, respectively.

Bitcoin selling pressure ahead?

With massive Bitcoin transfers like this being spotted on major cryptocurrency exchanges, crypto investors fear that selling pressures from Bitcoin whales might be incoming.

This move has triggered concerns among investors, as large amounts of BTC flowing into exchanges from self-custodial wallets have often been traced to selling activities among high-profile investors or institutions.

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However, since the reason behind the Bitcoin transfer was not clarified, there are chances that the transfers could be attempts among whales to rebalance their portfolios.

Over the past hours, the price of Bitcoin has moved in an upside trajectory, suggesting that there were no negative impacts induced by pressures from the large transfers.

Data from CoinMarketCap shows that Bitcoin has increased decently by 1.06% over the last day. As such, the asset is trading at $110,194 as of press time. 

Source: CoinMarketCap

This shows a decent 1.59% decrease from the all-time high of $111,970 it achieved five days ago. This continued surge in Bitcoin’s price is largely attributable to consistent inflows and rising demand experienced by Bitcoin ETFs. 

Earlier, U.Today reported a staggering 7,869 BTC flowing into spot Bitcoin ETFs in just one day.



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May 28, 2025 0 comments
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$277 Million Bitcoin (BTC) Transfer Stuns Major Crypto Exchange
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$277 Million Bitcoin (BTC) Transfer Stuns Major Crypto Exchange

by admin May 24, 2025


  • Massive BTC transfer sparks doubts
  • Bitcoin returns to $108K

On-chain data tracking platform Whale Alert has spotted massive Bitcoin transfers flowing into a major U.S.-based cryptocurrency exchange, Kraken, according to an X post on Friday.

Massive BTC transfer sparks doubts

The tracker revealed up to 2,529 BTC worth more than $277 million have been transferred into the exchange in less than 2 hours.

The large Bitcoin transfer, which suggests that Bitcoin whales might be making attempts to sell off their assets, happened in two separate transactions.

The first transfer saw 900 BTC worth $97,830,897 move from the world’s leading crypto exchange Binance to Kraken.

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Meanwhile, the second transfer, which happened consecutively, was spotted from an unknown wallet, involving 1,629 BTC worth $178,533,840 being moved to the same exchange.

The massive Bitcoin transfers come at a time when the crypto market is experiencing a massive bloodbath, suggesting that Bitcoin whales are relenting and dumping their Bitcoin holdings on exchanges to sell.

Although the reason behind the large Bitcoin transfer remains uncertain, it has sparked concerns among market watchers as the plummeting market has left investors in doubt, indicating increased selling activities.

Bitcoin returns to $108K

Despite achieving a new all-time high (ATH) of $111,970 on May 22, Bitcoin has begun trading negatively a day after as the market returns to an uncertain mode. Amid this market bloodbath, Bitcoin and other leading cryptocurrencies have recorded notable lows on Friday.

This negative trend has seen the world’s largest cryptocurrency decline by 2.31% over the last day, according to data from CoinMarketCap. As such, BTC is trading at $108,726 as of press time.

Source: CoinMarketCap 

Following this notable plunge in Bitcoin’s price, BTC has fallen by about 2.68% from the ATH it achieved the previous day.

On the contrary, Bitcoin has surged incredibly high with up to a 9-figure increase from its all-time low seen 15 years ago.

Alongside Bitcoin, leading altcoins have followed these bearish trends as they return to previous lows after achieving major breakouts.

While the market dip has been fueled by macroeconomic concerns, investors are curious if there is still a bigger bull run ahead.



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May 24, 2025 0 comments
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A procolored printer edited to be red to imply danger.
Product Reviews

This $6,000 professional grade direct transfer printer comes with plenty of viruses for no extra cost, unless it also steals your crypto

by admin May 22, 2025



It’s a sad truth that you just can’t ever let your guard down when it comes to malicious software, even when buying a $6,000 USD professional grade printer. This is something tech reviewer Cameron Coward found out to be all too true when reviewing a Procolored V11 Pro DTO UV Printer over on Hackster (via Techspot). The printer is supposed to be a fairly high quality device, for those looking to make UV transfers, but he found some pretty nasty software hiding on the included USB.

Coward, who’s also behind the Serial Hobbyism YouTube channel, got pretty lucky when his computer Antivirus flagged software on the included Procolored software installation USB stick as malicious. It picked the malware as being Floxif, a worm known for devastating computers that is usually shared via USB. It’s not quite as scary as ransomware on a CPU, but it’s still fortunate, he did not go ahead with the installation.

Instead, Coward tried to download and install it fresh from the website, but still was flagged for viruses along the way. He smartly contacted Procolored to ask them about the problem. The company informed him it was a false positive, and further encouraged him to install the software. Thankfully Coward didn’t, and instead turned to the internet for more more help on the issue.


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It turned out there were quite a few people talking about finding viruses in Procolored’s software, so he brought the problem to Reddit. Thankfully the white-hats were happy to help, and they all reported finding viruses on the software.

One of these heroes, Karsten Hahn, Principle Malware Researcher at G DATA CyberDefense said “I checked the files yesterday and found several files with XRed backdoor and a malicious Coinminer. There is no doubt that several files provided in the download section are malicious.”

While Hahn didn’t find Floxif in the downloadable software, they did discover a backdoor and a trojan cryptocurrency stealer, or clipbanker in the package. The good news is the backdoor pointed to an address that’s unused and out of date, so is likely harmless. The weird thing here is that the clipbanker was new, so he dubbed it SnipVex, and it turns out to be a bit nastier than originally implied.

SnipVex looks as though its primary design is to steal cryptocurrency, but those addresses haven’t been used as far as Hahn could tell, since last year. Instead the current threat here is the ability to infect other files and cause more problems. Thankfully it’s not the most difficult to fix, but it’s still fairly insidious. A quick reinstall is always the best course of action here.

Keep up to date with the most important stories and the best deals, as picked by the PC Gamer team.

Hahn also notes that while a few of his counterparts on Reddit feel this software was placed intentionally, it seems unlikely. All these old addresses don’t exactly grant the attacker anything. If anything it’s more likely that this has happened as an accident, but Procolored’s response is still very disappointing.

This is a friendly reminder that if something seems pretty suspicious when downloading or installing software, it likely is. Even if it comes with a $6,000 machine. Plus it never hurts to get online and check if your friendly neighbourhood hackers can help investigate these things.

If you’re looking to purchase one of these machines I’d recommend giving Hahn’s breakdown on the viruses a good read. It gives you a better idea of the kind of nefarious things hiding in these software packages, what they can do, and what to look for. Stay safe out there, everyone.



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May 22, 2025 0 comments
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The Graph enables cross-chain transfer of GRT with Chainlink’s CCIP
NFT Gaming

The Graph enables cross-chain transfer of GRT with Chainlink’s CCIP

by admin May 21, 2025



The Graph, an indexing and query protocol, has integrated Chainlink’s interoperability standard to enable cross-chain transfer of its native token.

The Graph (GRT) announced that this adoption of the Chainlink (LINK) interoperability standard will allow users to bridge GRT across multiple blockchains, including Solana, Arbitrum and Base.

Tapping into Chainlink’s cross-chain interoperability protocol is a key step towards the expansion of GRT’s accessibility and utility, The Graph team noted in a blog post.

GRT support for Solana is a major move that will boost not just the SOL ecosystem, but broader blockchain space.

“Extending GRT’s availability to Solana paves the way for deeper collaboration with Solana’s developer and user communities,” the indexing protocol stated.

CCIP integration will bring cross-chain functionality and features such as cross-chain staking, delegation, and query fee payments. Query fee payments will allow developers to pay for queries on layer 2 chains with GRT.

Rollout of these functionalities however depends on The Graph ‘s successful unveiling of the targeted bridging infrastructure.

Chainlink continues to expand its technology across the crypto and blockchain industry, with CCIP one of the solutions seeing great adoption.

Most recently, Chainlink’s CCIP went live on the Solana mainnet, a move set to supercharge the crypto ecosystem’s  decentralized finance growth with access to over $18 billion worth of assets on the chain. The integration means Solana developers can now leverage Chainlink’s cross-chain interoperability standard alongside Data Feeds and Data Streams.

Another platform that has integrated CCIP is Lombard, whose Bitcoin liquid staking token LBTC has seen notable traction with Aave support.

Meanwhile, The Graph launched in 2018, and provides the blockchain platform from which developers can build and deploy decentralized applications across Ethereum, Solana and Arbitrum among other networks.



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May 21, 2025 0 comments
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