Vancouver News

A lawsuit against Coinbase concerns allegations under the Sherman Act of attempted monopolization of the Wrapped Bitcoin market.

Six councilors supported the motion, while two opposed it over concerns about the potential use of digital assets in illicit activities and the environmental impacts of mining.

Mayor Ken Sim urges Vancouver to explore Bitcoin adoption, highlighting its potential to safeguard financial stability amid fiat inflation.

The proposed plan by Vancouver Mayor Ken Sim for the city’s “diversification of financial resources” suggested an investment in Bitcoin as a reserve asset.

NFT collectibles company Dapper Labs has said goodbye to another 51 employees only months after a 20% staff reduction in February.