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.
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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 present to Genesis lenders.
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.
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.
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 seize the opportunities that lie ahead of us.
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 of the new partnership with Circle.
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 users whole.
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 secure on-chain settlements.
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.
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 U.S. CEO said.
SBF’s lawyers ask court to allow introduction of Anthropic evidence
Sam Bankman-Fried’s lawyers asked Judge Kaplan in a letter to allow the defense to use evidence of its venture investment into Anthropic from April 2022.
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 in a self-trade.
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.
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 threatens Nigeria’s financial stability.
Securities regulators oppose special treatment of crypto in Coinbase case
A body representing North America’s state securities regulators took aim at arguments made by crypto exchange Coinbase in its defense against the SEC.
Immutable links with AWS in latest Web3 gaming push
The blockchain gaming firm said it will gain access to a vast pipeline of game studio leads and support for successful deal closures.
British MPs urge action on NFT copyright infringement, crypto fan tokens
A U.K. parliamentary committee called for a crack down on sports fan tokens and recommended the government issue a code of conduct for NFT platforms.
Brazilian Congress puts Binance CEO CZ in crosshairs for indictment
A congressional committee has recommended that Changpeng Zhao and three local Binance executives be indicted for fraud and other financial crimes.
Bitcoin Lightning Network growth jumps 1,200% in 2 years
A report from the Bitcoin-only exchange River suggests increased Lightning usage will play a key role in Bitcoin becoming a better medium of exchange.
Bitcoin needs Ethereum VM to reach its full potential — Web3 exec
Botanix Labs founder Willem Schroé argues a “huge amount of value” from real-world assets will be captured on Bitcoin, provided it connects to the Ethereum Virtual Machine.
The economy is refusing to die — which may mean it’s time to go risk-on
The economy is refusing to go down. If the trend continues, cryptocurrency prices are going to start rising — especially with Bitcoin's halving.
US Stocks rise for third straight day as bond yields fall
Treasury yields declined, giving stock market bulls new momentum.
Galxe replacing 110% of funds users lost in recent front-end hack, over $400K
The platform was the victim of a phishing scam that routed users to a website that drained their wallets after they approved a transaction.
Crypto advocates weigh on race for next US House Speaker
Lawmakers are scheduled to return to the House of Representatives on Oct. 11 to vote on a replacement for Speaker Kevin McCarthy, whose position has been vacant for a week.
Bitcoin price could hit $750K to $1M by 2026 — Arthur Hayes
BitMEX founder Arthur Hayes expects Bitcoin to be $750,000 by 2026. Here’s how and why.
FTX co-founder Wang discusses plea deal, knowledge of financial concepts at SBF trial
On the final day of his testimony, FTX co-founder Wang discussed talking to the feds and his interpretation of the “FTX is fine” tweet.
Sam Bankman-Fried aspired to become US President, says Caroline Ellison
The former CEO of crypto exchange FTX also reportedly explored paying off Donald Trump from running for U.S. President again.
Polygon (MATIC) rally comes to an end as competitors devour market share
MATIC price has retraced a majority of its recent gains. Cointelegraph explores why.
Caroline Ellison blames Sam Bankman-Fried for misuse of FTX user funds at trial
Reports have suggested the former CEO of Alameda Research and SBF had largely been out of contact following the collapse of FTX in November 2022.