Vancouver moves to close Bitcoin reserve proposal
Vancouver officials have recommended closing a council motion that explored making the city “Bitcoin-friendly” after determining municipal law prevents Bitcoin from being held in city reserves.
Vancouver officials have recommended closing a council motion that explored making the city “Bitcoin-friendly” after determining municipal law prevents Bitcoin from being held in city reserves.
Spot Bitcoin ETFs recorded $461.77 million in inflows, marking the third consecutive day of positive flows as institutional demand for crypto exposure continued to strengthen.
Bitcoin’s recent rally could face new risks if volatility in oil and commodity markets spreads to equities, according to Bloomberg Intelligence commodities strategist Mike McGlone.
SoFi Technologies has selected BitGo to provide infrastructure for its new bank-issued stablecoin SoFiUSD, marking another step toward regulated digital dollar payments in the United States.
Core Scientific has secured a $500 million loan facility from Morgan Stanley, with an option to expand the financing to $1 billion to support its growing data center operations.
Aave Labs has outlined a year-long security framework for the upcoming Aave V4 lending protocol, describing extensive audits and testing conducted before launch.
Roughly 38% of altcoins are trading near their all-time lows, a level that exceeds the market weakness seen after the 2022 FTX collapse, according to CryptoQuant analyst Darkfost.
US Bitcoin miner CleanSpark sold 553 BTC for about $36.6 million from its February production while mining 568 BTC during the month, according to its latest operational update.
Eric Trump, co-founder of the crypto venture World Liberty Financial, has publicly backed his father’s criticism of banks during a dispute over stablecoin rewards tied to U.S. crypto legislation.
Canadian police have warned that scammers are impersonating the Royal Canadian Mounted Police in fraudulent crypto recovery schemes targeting people who previously lost funds in earlier scams.
A veteran analyst has cut the price target on MARA Holdings by 44% after the Bitcoin mining company reported weaker-than-expected fourth-quarter financial results.
John “Lick” Daghita has been arrested and charged with stealing roughly $46 million in cryptocurrency from the U.S. Marshals Service, according to an announcement from the FBI.