Skip to content
Bitcoinist.com

Ethereum Wallet Moves $4.6 Million After 11 Years And Avoids Crypto Scam

By Michael B

An early Ethereum wallet has returned to activity after more than a decade, transferring approximately $4.6 million worth of ETH while successfully avoiding an attempted cryptocurrency scam. The unusual transaction has attracted attention among blockchain analysts because the wallet dates back to Ethereum’s launch in…

Read Original Article

Explained in this story

Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

More about Cryptocurrency
Blockchain

A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.

It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.

More about Blockchain

From the blog