Today's Crypto and Bitcoin News

Pi Network [PI] edged above $0.08, seeing a small recovery after weeks of declining prices. At the time of this writing, PI traded around $0.08039, up 1.72%.The rebound brings buyers closer to their first meaningful hurdle around the $0.081–$0.082 price area. Clearing that area would help it with it

CoreWeave shares have fallen 29% this month, leaving the company valued at roughly $34 billion as investors question available financing options. CoreWeave went public in March of last year and reached a peak market capitalization of about $90 billion three months later. CoreWeave's unsecured debt n

CoinDesk reports:Tether led a pre-seed funding round for Bolivian fintech company Peso to support its expansion across Latin America.In its Wednesday announcement, Tether said this investment will help Peso expand its stablecoin payment infrastructure in Bolivia, Brazil, Colombia, and Argentina, inc

CoinMarketCap reports:AI startup Recursive, founded last year, now appears to be living up to its name. On Wednesday, the company released its first model, Flint. Flint is a free coding model that can run on a laptop and is reportedly built primarily with AI.Recursive stated that its automated resea

Crypto investors holding substantial amounts of Bitcoin, Solana, or XRP now have another way to bring those holdings into traditional finance without selling their coins first.Grayscale announced that eligible investors can exchange cryptocurrencies directly for shares in ten of its investment produ

CoinMarketCap reports:Automattic, the parent company of WordPress.com, WooCommerce, Tumblr, and others, has begun layoffs, and insiders say they are preparing for additional layoffs in the future.For at least the past week, layoffs have affected the company’s communications team, social team, WordPr

CoinDesk reports:SMSOpenAI President Greg Brockman said the company led a two-month coalition under the "Patch the Planet" initiative to fix the PHP2Shell vulnerability. Security firm Calif discovered a version of the vulnerability in August using GPT-5.6 Sol; OpenAI found a more complete version in

Elon Musk confirmed that Tesla and SpaceX are considering a merger that could bring both companies' Bitcoin holdings into a single company. Musk said during SpaceX's October 20 earnings call that both companies had appointed independent director committees to assess a possible combination. Musk supp

CoinDesk reports:BlackRock’s Chief Investment Officer for Global Fixed Income, Rick Rieder, said in an exclusive interview with CNBC that although investors may be concerned about volatility in certain segments of the current bond market, they are facing a “historic” opportunity to lock in attractiv

CoinDesk reports:From a cybersecurity perspective, the internet is having a bad day. According to Reuters, government websites around the world have gone offline due to an AI-discovered critical security vulnerability affecting the programming language PHP. The issue is so severe that the U.S. Natio

CoinDesk reports:From Scientology to the disgraced former CEO of Theranos, Elizabeth Holmes, documentary filmmaker Alex Gibney never shies away from large-scale or highly controversial subjects.Then, Elon Musk appeared.In 2022, when someone approached Gibney to make a documentary about the CEO of Te

The UK FCA releases Guidance on the Regulatory Scope of Cryptoassets. Gold Finance reports that on October 22, the UK Financial Conduct Authority (FCA) issued Consultation Paper CP26/36, "Guidance on the Regulatory Scope of Cryptoassets," outlining how to determine whether activities require authori

CoinDesk reports:At its annual GM Forward event in New York, General Motors unveiled a series of technology-focused initiatives, including a new electric vehicle platform. Rather than discussing industry-specific terms like suspension geometry, wheelbase ratios, or torsional stiffness, the announcem

As discussions continue in the cryptocurrency market regarding the future of Bitcoin (BTC), Moez Kassam, co-founder and investment director of Anson Funds, which manages billions of dollars in assets, has made noteworthy statements. The renowned investor argued that Bitcoin is no longer a temporary

ChainCatcher report: Vantage Bank and Rio Bank completed principal and interest payments for loan participation using tokenized deposits via Hazel Network, facilitated by Participate’s loan servicing platform. Participate stated that after Vantage initiated the payment, the platform automatically al