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Why tech giants like Amazon may hesitate to adopt Bitcoin

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Big Tech has a great flow of cash on hand. Currency devaluation makes them lose purchasing power. Is Bitcoin a treasury solution to fight against inflation? Amazon is the next to decide.

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Bank of Korea probes financial firms’ exposure to crypto risks

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The central bank is surveying 31 financial institutions on how a major exchange shutdown, prolonged crypto downturn or losses at another firm could affect their operations.

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THORChain halts swaps after block reorg bug, slowing Binance hackers

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THORChain node operators paused swaps involving assets on 10 networks, including Bitcoin, Ethereum, Solana and Tron.

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Binance net outflows surge to $5.8B as withdrawals resume after record hack

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The exchange says withdrawals surged after some services resumed but have since slowed, with the outflows representing a fraction of its roughly $171 billion in customer assets.

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