Bitcoin ‘wholecoiners’ hold above 1 million mark for 13 months
28 Jun 2024
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The number of Bitcoin “whole-coiners” — a name given to addresses holding one or more Bitcoin — has remained above 1 million for the last 13 months. The one million “wholecoiner” milestone was first reached on May 13, 2023, when Bitcoin was trading at just $27,000, according to data from Glassnode. This number of wholecoiner wallet addresses reached…

Binance enforces stricter measures against account misuse
28 Jun 2024
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Binance, the world’s largest cryptocurrency exchange, has introduced new security measures to prevent the misuse of account features and enhance the platform’s integrity. The decision follows the discovery of account misuse, which has given certain users unfair advantages. The new measures aim to create a healthy and sustainable market environment that prioritizes the interests of all users….

UAE regulations may lead to crypto payment ban, warns lawyer
28 Jun 2024
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Crypto and blockchain lawyer Irina Heaver believes newly-released regulations in the United Arab Emirates (UAE) may prohibit crypto payments in the country. On June 5, the board of directors of the Central Bank of the United Arab Emirates (CBUAE) discussed projects under the country’s financial infrastructure (FIT) program, an initiative to boost digital transformation. In…