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Top 10 Richest Bitcoin Addresses: Here’s Everything That We Know About Their Owners

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Thu, 05/09/2019 - 13:25
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U.Today has analyzed the top 10 richest BTC addresses to find out who rules the roost in the crypto world. As expected, the whole list is dominated by numerous cryptocurrency exchanges, but there are some surprises.  

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Exchanges are at the top  

As of now, the wallet that belongs to Bittrex is the richest address that holds more than 122,805 BTC ($749 mln). The Huobi exchange comes second with its wallet holding 108,035 BTC ($656 mln).

Binance, which comes in third place, is technically the biggest BTC holder on the list since the sixth biggest address also belongs to the Malta-based exchange. Together, Binance holds a whopping 188,311 BTC, which is $1.138 bln.

Bitstamp and Bitfinex come in fourth and eighth places respectively.

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Billionaires and zombies

Things become more mysterious when it comes to the fifth richest address. The identity of this Bitcoin whale that appeared on the horizon in 2018 remains unknown. Rumor has it that the account was funded by one mysterious Asian billionaire. Hence, the address, which holds 85,947 BTC ($522 mln) was dubbed ‘Eastern Whale.’   

The remaining three Bitcoin addresses, which do not belong to any crypto exchange, hold so-called ‘zombie Bitcoin’ since there haven’t been any send transactions over the last 18 month. For example, the oldest Bitcoin address on the list, which was created in 2011,  hasn’t performed a single transaction (the same pertains to the 10th biggest address).

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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Gamblers Are Driving Force Behind dApps Growth: 2019 H1 DappReview Report         

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Sun, 07/14/2019 - 15:00
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Sponsored by Celsius.Network
  • It appears that many cryptocurrency enthusiasts are willing to roll the dice

Cover image via U.Today
Contents

The recently published report by DappReview encompasses everything related to the growth of decentralized applications (dApps) in the first half of 2019. When it comes to the most popular category of dApps, gambling ones appear to be in the lead by a big margin.

Upping the ante

The “Casino” category has the biggest chunk of the pie with 606 newly created dApps. For comparison, there are only 398 gaming dApps, which occupy second spot. “High-risk” dApps are trailing behind the gaming ones with 358 newly created apps.  

DappReview explains that the main reason behind their popularity is that they are relatively cheap and easy to create, but, nonetheless, they generate great returns for their developers. 

On top of that, there doesn’t seem to be a shortage of risk-loving crypto enthusiasts. 

dApps are doing just fine

Overall, the report points out that rapid growth has become a new trend in the dApps department. More than 1,114 dApps have been already created this year. Tron boasts the biggest amount of newly created dApps while Ethereum and EOS come in second and third places respectively.

Notably, only one percent of users tried more than ten dApps, but they are responsible for the lion’s share of the total transactions on each of the aforementioned networks.

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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