Dormant Bitcoin Wallet Activates After 12 Years, Sparks Market Speculation
A dormant Bitcoin wallet, untouched for nearly 12 years, has been activated, moving 235 BTC worth approximately $17.43 million to Kraken. This significant transfer coincides with Bitcoin reaching new highs above $75,000, raising questions about the investor’s intentions. As institutional interest in cryptocurrency grows, the reactivation of such wallets signals shifting market trends and potential volatility in Bitcoin trading.
Binance Integrates 35 New dApps and Announces Stricter KYC Process
Binance integrates 35 new decentralized applications (dApps) into its web3 wallet, offering users access to popular platforms such as Aevo, Ambient Finance, and BAC Games. The Web3 Wallet serves as a bridge between the exchange and web3 applications, providing multi-blockchain interaction, token trading, and yield-earning opportunities. Binance also announced a stricter Know Your Customer (KYC) process for its Link Program, aiming to align with regulatory standards amid legal challenges and potential bans in certain regions. The Binance Link Program enables enterprise clients and business partners to leverage the exchange’s advanced technology and comprehensive cryptocurrency ecosystem for growth and expansion.