Mark to market accounting meets crypto: New FASB changes
The volatility of Bitcoin and other cryptos is really more a function of who is buying and selling these assets....
Month: October 2023
Caroline Ellison provided 7 ‘alternative’ balance sheets hiding Alameda’s exposure to FTX
The former CEO testified that she had provided SBF seven options for spreadsheets with misleading information on Alameda’s financials to...
Asian markets surge as European stocks show mixed performance
Asian stocks surged across the board on Wednesday led by South Korean market while European markets had a mixed day....
Beyond crypto: Zero-knowledge proofs show potential from voting to finance
An emerging cryptographic technology may provide help with two gaping 21st-century needs: Privacy and truth. In a world increasingly anxious...
Startup demos upcoming decentralized GPU infrastructure network to OpenAI, Uber
io.net has built a decentralized physical infrastructure network that will source GPU computing power for AI and machine learning. A...
Navigating decentralized governance in Web3: Balance of transparency and control
Finally, as we move forward on emerging technologies such as AI and decentralization, let us remember to remain optimistic and...
USDC issuer partners with Philippines exchange to promote stablecoin
18 million users of Coins.ph are expected to receive a faster, lower-cost and more accessible remittance option as a result...
iFinex proposes $150M share buyback from Bitfinex hack victims: Report
Bitfinex hack victims from 2016 received iFinex shares as compensation, as the crypto exchange didn’t have enough cash to make...
JPMorgan debuts tokenization platform, BlackRock among key clients: Report
The Tokenized Collateral Network enables the conversion of traditional assets into digital assets and makes way for faster and more...
European regulator: DeFi comes with significant risks as well as benefits
The European Securities and Markets Authority released an article on Decentralized Finance and its risks for the EU Market. The...
Bitstamp’s departure from Canada is ‘timing issue,’ says CEO
Bitstamp’s decision to discontinue operations in Canada is “primarily a timing issue” related to the firm’s expansion priorities, Bitstamp USA...
SBF’s lawyers ask court to allow introduction of Anthropic evidence
Sam Bankman-Fried’s lawyers addressed Judge Kaplan in a letter to allow the defense to use evidence of its venture investment...
Binance rolls out self-trade prevention for spot and margin trading
Introduced in January 2023, Binance’s STP functionality is designed to block the execution of an order if it would result...
Bitcoin ‘death cross’ sees BTC price dip $1K erasing Uptober gains
BTC price erases all its month-to-date gains with Bitcoin traders predicting that $27,000 will not stay around long. Bitcoin (BTC)...
Central Bank of Nigeria: eNaira no threat to financial stability
Nigeria's central bank issued a press release in response to “news items on some media platforms,” suggesting that the eNaira...
