Binance’s Zhao sparks debate over UAE’s $40b BTC holdings

Binance founder Changpeng Zhao has triggered a discussion about cryptocurrency adoption in the UAE after sharing claims about the nation’s Bitcoin holdings. In a recent X tweet, Zhao shared an article claiming the United Arab Emirates holds $40 billion in Bitcoin (BTC). The figure immediately drew attention from industry observers, particularly crypto lawyer Irina Heaver. […]

Riot upsized Bitcoin holdings by $69m

Major Bitcoin miner Riot Platforms added $69 million worth of the world’s leading cryptocurrency to its holdings. According to Securities and Exchange Commission filings, Riot Platforms bought 667 Bitcoin (BTC), increasing its total crypto holdings to 17,429 BTC. Riot acquired this tranche at an average price of $101,135 per coin, bringing the total value of […]