As reported by Whale Alert, nearly 1.3 billion XLM, equivalent to a value of $108 million, were transferred from the Bittrex exchange to an unknown wallet. Interestingly, a major transaction involving XLM happened in the midst of the International Economic Forum taking place in Davos, Switzerland, at the moment.
RelatedRipple Rival Stellar Unveils Impressive Results of Year
The current summit, dubbed by Elon Musk the meeting of the rulers of the world, is going extremely well for XLM and its parent organization, Stellar Development Foundation. SDF is heavily represented in many sections of the forum, from humanitarian topics to cross-border blockchain opportunities.
Bittrex, a U.S-oriented exchange with an office in Liechtenstein, from where more than a billion XLM were transferred, interestingly also has something to do with the international economic forum. Thus, several articles by Bittrex Global CEO Steven Stonberg are posted on the official WEF website.
Related4.1 Billion XRP Moved from Bittrex Within Hour, Here's What May Be Happening
Stellar and CBDC
Stellar and XLM could be considered competitors of Ripple and XRP, given the common roots of the two start-ups. Thus, Stellar, like Ripple, is active not only in cross-border money transfers but also in the so-called "state cryptocurrencies," CBDCs. The project's latest achievement in this area was the pilot testing of the digital hryvnia on its blockchain with Ukrainian Tascombank.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
