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Crypto

Mystery 20 bitcoin burned after exchange round trip from 12-year dormant wallet

On-chain data shows about $1 million worth of bitcoin moved from a wallet dormant for about 12 years, passed through a major centralised exchange and returned to the original wallet before being burned. The wallet transferred 20.00010537 BTC in March and received 20.00006037 BTC back three weeks later, a difference of 4,500 satoshis, about $3 at the time. The transfer was part of 107 BTC burned in May, worth about $8.5 million.

Crypto

Calls grow to build trust infrastructure for corporate access to digital assets

With corporate participation in South Korea\'s digital asset market set to expand, speakers at a National Assembly seminar said the market should be opened safely by separating trading and asset custody, strengthening internal controls and setting clear liability frameworks for accidents. Participants called for independent custody infrastructure aligned with international standards, institutional-grade security and transparent management of reserve assets. They also urged swift progress on second-stage legislation for the Digital Asset Basic Act.

Crypto

49,000 bitcoin flow into exchanges bolsters $61,000 support

Bitcoin exchange inflows jumped to about 49,000 bitcoin in a day, renewing concerns about higher market volatility. CryptoQuant said rising inflows across bitcoin, ether and altcoins have repeatedly appeared ahead of directional price moves. Average deposit size doubled to 2 bitcoin, suggesting whales and institutions are moving coins to exchanges. Bitcoin dipped to $59,520 on July 2 before rebounding above $61,000, with CryptoQuant citing $60,000 as key support.