Elon Musk Under Fire for Allowing XRP Scam Posts to Proliferate

New surge in XRP-related scams on social media platform X raising questions about effectiveness of owner Elon Musk's efforts to combat fraudulent activity

Elon Musk Under Fire for Allowing XRP Scam Posts to Proliferate

A new wave of XRP-related scams on X, formerly known as Twitter, has crypto users up in arms. Posts promising a significant XRP airdrop have proliferated, frustrating users who questio...

1 year ago

Change to US accounting rules will be a boon to companies holding crypto in 2025

The Financial Accounting Standards Board has recommended that crypto be recorded at fair market value on corporate balance sheets, removing possibly significant impairments but adding to volatility.

Change to US accounting rules will be a boon to companies holding crypto in 2025

The United States Financial Accounting Standards Board has unanimously approved rules for accounting for the fair value of companies’ cryptocurrency holdings, according to media reports. T...

1 year ago

There are just six bitcoin billionaires in the world, new crypto super-rich report says

Hundreds of millions of people have crypto investments. A new report shows how many crypto millionaires and billionaires exist.

There are just six bitcoin billionaires in the world, new crypto super-rich report says

Hundreds of millions of people around the world have some form of crypto holdings, whether that is in bitcoin or one of the many other digital currencies. To be exact, 425 mi...

1 year ago

Crypto Casino Stake Targeted in Reported $40M Exploit

Cyvers' platform describes the exploit as being related to a "private key leak."

Crypto Casino Stake Targeted in Reported $40M Exploit

Cryptocurrency casino Stake appears to have been targeted by a exploit, with on-chain analyst Cyvers reporting that $16 million has been withdrawn on the Ethereum network following a &...

1 year ago

RBI Governor Touts CBDC as Solution to 'High Cost, Low Speed' Cross-Border Payments

'High Cost, Low Speed' Cross-Border Payments

RBI Governor Touts CBDC as Solution to 'High Cost, Low Speed' Cross-Border Payments

Reserve Bank of India’s (RBI) Governor Shaktikanta Das has touted Central Bank Digital Currencies (CBDCs) as a solution to 'high cost, low speed' cross-border payments.  ...

1 year ago

Vivek Ramaswamy Says Grayscale Win ‘Clears Path’ for Bitcoin Innovation in America

Vivek is one of many Republicans who suspect the SEC is out to kill crypto.

Vivek Ramaswamy Says Grayscale Win ‘Clears Path’ for Bitcoin Innovation in America

Republican Presidential candidate Vivek Ramaswamy is bullish on Bitcoin, especially after Grayscale’s decisive court victory over the Securities and Exchange Commission (SEC) on Tuesday.

1 year ago

Crypto community jubilant over Grayscale decision, but uncertainty remains

The court’s decision that the SEC has to consider Grayscale’s Bitcoin spot ETF application is good news for crypto but maybe not as impactful as some hoped.

Crypto community jubilant over Grayscale decision, but uncertainty remains

The crypto community received the decision it had been hoping for when the District of Columbia Circuit Court of Appeals ruled on Grayscale Investments’ Bitcoin spot ETF app...

1 year ago

Bitcoin Tops $28K on Grayscale Ruling, While Crypto-Related Stocks Soar More Than 10%

A U.S. court ordered the SEC to "vacate" its rejection of Grayscale's bid to convert its Bitcoin Trust into an ETF.

Bitcoin Tops $28K on Grayscale Ruling, While Crypto-Related Stocks Soar More Than 10%

Bitcoin (BTC) gained more than 7%, topping $28,000 at one point on Tuesday afternoon after a federal appeals court ruled that the U.S. Securities and Exchange Commission (SEC) must rev...

1 year ago

DCG Reaches Crucial In-Principle Deal With Genesis Creditors, Recoveries Could Be Up to 90%

The plan could result in recoveries of 70% to 90% in USD equivalent for unsecured creditors and 65% to 90% recovery on an in-kind basis.

DCG Reaches Crucial In-Principle Deal With Genesis Creditors, Recoveries Could Be Up to 90%

Digital Currency Group (DCG) has reached an in-principle deal with Genesis creditors to resolve the claims brought up in Genesis' bankruptcy, according to a court filing on Tuesday.

1 year ago

CRYPTO WORLD Bitcoin trading volume is at its lowest in more than four years

BTC trading volume

CRYPTO WORLD Bitcoin trading volume is at its lowest in more than four years

Bitcoin’s trading volume hit its lowest level in almost five years this month as investors keep waiting for reasons to jump back into the market. An analysis of CryptoQuant data ...

1 year ago

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