The policy paper, commissioned by the intergovernmental forum G20 under India’s leadership, combines norms set by the Financial Stability Board (FSB), the International Monetary Fund (IMF) and other international standard-setters for the crypto sector in one report, which found...
The Financial Accounting Standards Board (FASB) has unanimously approved rules for accounting for the fair value of companies’ cryptocurrency holdings, according to media reports. The rules will go into effect in 2025. The FASB is the United States organization...
The decline in Bitcoin (BTC) prices in August and record-high temperatures in many parts of the world have led publicly traded cryptocurrency miners to consider the past month unsuccessful. One such company is Marathon Digital Holdings (NASDAQ: MARA), which...
Bitcoin (BTC), the leading cryptocurrency in the market, continues to exhibit a stagnant price movement. However, a notable development has emerged as BTC struggles to sustain consolidation above the critical $26,000 threshold. This could potentially present challenges for the...
Should the SEC wish to challenge the federal judge’s conclusions in the Grayscale decision, the company’s application could simply be denied again for a different (or even an analogous) reason. That course of action becomes problematic quickly. The last thing...
Crypto scams targeting MetaMask users are using government-owned website URLs to con victims and access their crypto wallet holdings. Ethereum-based crypto wallet MetaMask has been a long-standing target for scammers — which involves redirecting unwary users to fabricated websites...
The cryptocurrency exchange OKX is at the final stretch of its virtual asset service provider (VASP) license in Hong Kong. The exchange is expecting to receive the approval by March 2023. Hong Kong adopted a pro-crypto stance in 2023...
In a recent blog post, Kaal Dhairya, one of the key developers behind Shibarium, the layer 2 protocol of the Shiba Inu network, revealed a series of significant upgrades aimed at bolstering the network’s capabilities. The announcement comes at...
The accumulation by BTC whales suggests optimism among large investors, IntoTheBlock’s head of research noted. Source link
Decentralized finance (DeFi) gave birth to a wide range of financial services that aim to challenge what traditional finance (TradFi) offers. However, the user experience persists as a major issue hindering the widespread adoption of DeFi apps and solutions....