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Crypto

Bitcoin holders top 500 million as mainstream asset threshold questioned

Global bitcoin holders have been tallied at more than 500 million, with analyst Willy Woo (윌리 우) estimating ownership at 4.5 to 6 percent of the world’s population. Using Glassnode and Chainalysis indicators, he put total holders at 370 million to 500 million and said adoption follows an S-shaped curve similar to the early internet. Ownership is uneven by country, and views differ on whether broader ownership will drive sharp price gains.

Industry

Samsung Electronics provides 3 billion won to support flood recovery in Gyeongsang

Samsung donated 3 billion won to support residents in areas hit by torrential rains, including Geoje and Tongyeong in South Gyeongsang and Andong and Uiseong in North Gyeongsang, it said on Aug. 28. Nine affiliates joined the donation. Separately, Samsung will provide 1,000 emergency relief kits and 300 tent-type disaster relief shelters via the Korean Red Cross. Samsung Card will offer payment deferrals, interest reductions and loan maturity extensions for affected customers.