UAE’s 12M-User UAEPASS Digital Vault Upgrades to Avalanche L1
The UAE’s Telecommunications and Digital Government Regulatory Authority (TDRA) has migrated its UAEPASS Digital Vault to a dedicated Avalanche L1 blockchain.
Whale Watching
Whale watching in cryptocurrency refers to the practice of monitoring the activities of large holders, known as whales, to gain insights into market movements. These individuals or entities control significant amounts of a particular asset, meaning their transactions can influence prices and liquidity. Traders and analysts track whale wallets, large transfers, and exchange inflows or outflows to anticipate potential buying or selling pressure. This information is often gathered through blockchain explorers or analytics platforms that provide visibility into on-chain data. While whale activity can signal trends, it does not guarantee market direction and can be misinterpreted. Whale watching has become a common strategy for understanding market sentiment and identifying possible shifts in supply and demand.
Latest Whale Watching News
SEC Moves Toward 24-Hour Trading as Blockchain Enters U.S. Securities Rulebook
The SEC will convene a Sept. 17 roundtable on preparations for near-continuous U.S. stock trading while separately proposing the first…
CZ Asks Trust Wallet to Simplify Hidden Coin Controls After Spam Floods Wallet
Following the retirement of his public crypto address due to meme coin spam, Changpeng "CZ" Zhao acknowledged the practical value…
BIS Project Agorá Settles $1M in Tokenized Cross-Border Payment Trials
The Bank for International Settlements announced that Project Agorá has successfully concluded real-value testing for tokenized wholesale cross-border payments, settling $1 million across six currencies involving…
Aave Moves to Wind Down Six Chains in $98M Operational Cleanup
Aave founder Stani Kulechov announced a governance proposal to retire dozens of low-adoption asset reserves and wind down deployments across six blockchains, consolidating nearly $98 million…
South Korea Plans Tokenized Government Bond Pilot and Digital Asset Law
South Korea plans a tokenized government bond pilot linked to its institutional CBDC project while advancing comprehensive crypto legislation, won-backed stablecoin rules, and a framework for…
JPMorgan Warns Private Banking Ledgers Pose Greatest Risk to Bitcoin
JPMorgan alerts that as traditional finance builds private, permissioned ledgers, public networks risk becoming isolated distribution layers.
SWIFT Debuts Proprietary Blockchain Ledger with 17-Bank Tokenization Trial
SWIFT has launched a proprietary blockchain network to test tokenized deposits, aiming to solve the liquidity friction of weekend and overnight banking gaps.
Kenya Procures Multi-Chain Analytics System to Monitor Local Crypto Markets
Kenya is actively bolstering its financial oversight capabilities. To safely police its rapidly growing digital asset sector, the nation's markets regulator is onboarding advanced transaction surveillance…
BONK DAO Suffers $20M Governance Takeover Economic Drain
An opportunistic attacker weaponized BONK DAO's on-chain voting infrastructure, spending $4.4M to pass a malicious proposal that drained a $20M treasury.