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City officials in Vancouver are recommending that councillors abandon a proposal to integrate Bitcoin into municipal financial strategy, dealing a potential blow to a high-profile initiative championed by Mayor Ken

Bitcoin-focused Solv Protocol was exploited on Thursday, resulting in roughly $2.7 million worth of funds drained from one of its token vaults. The project has offered a 10% bounty to

Justin has secured a $10 million settlement in a multi-year lawsuit filed by the United States Securities and Exchange Commission that accused the crypto entrepreneur of alleged fraud and securities

Western Union is moving deeper into blockchain payments with a new stablecoin initiative tied to the Solana network. Summary Western Union partnered with Crossmint to support the USDPT stablecoin on Solana. The stablecoin will

A sharp volatility spike wiped out $471m in crypto derivatives positions in one day. Summary Total crypto liquidations over 24 hours reached about $471m across major exchanges. Shorts absorbed the

Bitcoin price held steady on Thursday as investors focused on the upcoming US non-farm payrolls data scheduled for Friday this week. Summary Bitcoin price moved to a local bull market

Core Scientific has lined up a $500m loan from Morgan Stanley, with an option to double it. Summary Core Scientific obtained a 364-day, $500m facility from Morgan Stanley, expandable to

Revolut has applied for a US banking licence to deepen its presence in the market. Summary Fintech firm Revolut has filed an application with the OCC for a US banking