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South Korean tech giant Naver has partnered with blockchain platform Chiliz to launch its first cryptocurrency wallet—Naver Pay Wallet. According to the company, this new non-custodial wallet could potentially provide over 33 million users with access to digital assets. 
What’s Driving Investors to Withdraw Bitcoin from Exchanges?
The crypto market is in the midst of another transformation, with the mass movement of Bitcoin out of exchanges being a notable marker. This trend indicates a strategic shift by investors, who are increasingly opting to store their crypto assets in private wallets. 
As detailed in The Crypto Wealth Report 2024, the number of crypto billionaires has risen by 27% over the last year, now totaling 28, while the number of millionaires has soared by 95% to 172,300. This increase closely aligns with the overall market capitalization, which climbed by 89%. 
