Change to US accounting rules will be a boon to companies holding crypto in 2025
The FASB has recommended that crypto be recorded at fair market value on corporate balance sheets, removing possibly significant impairments...
Day: September 6, 2023
Following SEC delays, Ark Invest and 21Shares file for spot Ether ETF
The two firms currently have a spot Bitcoin exchange-traded fund being reviewed by the SEC, and recently proposed listings of...
Genesis sues parent company DCG, other affiliate for $600M in overdue loans
DCG borrowed $500,000 from its subsidiary last year, and DCG Investments borrowed over 18,000 BTC. Both have allegedly defaulted. Bankrupt...
VC Roundup: Enterprise blockchain, Bitcoin staking and Web3 pique investors’ interest
Orbital, ZTX, Stroom Network, unshETH and Fxhash highlight the latest funding deals from the world of crypto and blockchain. The...
Grayscale Bitcoin Trust’s alleged wallet addresses released by Arkham
The blockchain analytics firm claims Grayscale is the world's second-largest BTC entity. Blockchain analytics platform Arkham Intelligence claims to have...
Bitcoin short-term holders capitulate as data highlights potential generational buying opportunity
Bitcoin’s current price action leaves much to be desired, but multiple indicators point to what could be a generational buying...
OpenAI and Microsoft accused of stealing data to train ChatGPT in new class-action suit
The lawsuit alleges that OpenAI’s profits came as a result of using illegally scraped data to train its models. OpenAI...
Appellate judge denies Sam Bankman-Fried’s request for immediate release from jail
The motion from Sam Bankman-Fried's lawyers will now go to a three-judge panel, with less than four weeks before the...
Riot Platforms says Texas energy strategy reduced production costs by $31M
As Texas baked in the sun, Riot Platforms received two types of monetary credit for being attentive to the grid’s...
Ronaldo hints at NFT plans, and will the metaverse be a ‘tax haven?’: Nifty Newsletter
Soccer star Cristiano Ronaldo took a lie detector test to celebrate the launch of his latest NFT collection in July....
Binance creates smart contract to refund users affected by $3M rug pull
After the rug pull, Xirtam scammers directly deposited stolen funds onto Binance, prompting the exchange to freeze the assets. Crypto...
Financial privacy and regulation can co-exist with ZK-proofs — Vitalik Buterin
A new paper co-authored by Ethereum's Vitalik Buterin highlights the use of zero-knowledge proofs as a tool for regulatory compliance...
Tornado Cash co-founder pleads not guilty to all charges: Report
Roman Storm, facing charges related to Tornado Cash allegedly facilitating money laundering, has been free on bail following his arrest...
Price analysis 9/6: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
Bitcoin and several major altcoins continue to show weakness, but a few data points do favor bulls in the short...
HashKey signs MOU for crypto exchange insurance
The policy would potentially cover both the exchange's hot wallets and cold storage addresses. Users of HashKey Hong Kong will...
