SEC Eases Crypto Accounting Rules For Banks and Brokerages.
The Securities and Exchange Commission (SEC) has paved the way for banks and brokerages to sidestep reporting their customers’ cryptocurrency holdings on balance sheets. This follows the SEC’s new guidance,…
MicroStrategy (MSTR) Pops 3% After Saylor Announces 10 For 1 Stock Split.
MicroStrategy will soon be far cheaper for smaller investors to gain exposure to. Shares in Bitcoin development firm MicroStrategy popped 3% on Thursday after the company’s executive chairman, Michael Saylor,…
Key Shiba Inu Metrics Plummet as SHIB Price Heads South.
Shiba Inu (SHIB) saw a 2% price drop on July 12, along with declines in key metrics on the Shibarium network.Despite the downturn, technical analysis tools suggest a potential near-term…
Toncoin (TON) Price Consolidates Eyeing for a Breakout.
At the time of writing, TON is trading at $7.23, down 0.61% in the last 24 hours.If the price falls below $6.92 level, then it will likely test $6.46 support…
Binance Makes Final Push to Sell Majority Stake in GOPAX.
Binance is nearing a deal with Megazone to slash its stake in Gopax from 72.6% to about 10%. Binance’s stake reduction in Gopax aims to bolster governance in compliance with…
Crypto Miners stole $722 million worth of power in Malaysia.
Crypto miners in the Southeast Asian nation stole at least $722 million worth of electricity over approximately six years.Malaysia’s energy official said cracking down on illegal crypto mining operations is…
Ex-US Pres. Donald Trump to Speak at Nashville Bitcoin 2024.
The Bitcoin 2024 Conference in Nashville will host keynotes by Michael Saylor, Edward Snowden, and others. Former U.S. President Donald Trump is set to speak at the upcoming Bitcoin 2024…
Tron founder Buys Over 1.6k ETH Worth $5 Million USDT
Since February, Sun has amassed 362,751 ETH across multiple wallets, investing roughly $1.1 billion at an average price of $3,047 per ETH. Tron founder Justin Sun has significantly boosted his…
Compound Finance Website Hijacked For Phishing Scam.
Compound Finance’s official website has reportedly been compromised, redirecting users to a recently registered phishing site. The incident raises alarms within the crypto community, highlighting vulnerabilities in decentralized finance platforms.…
Illinois Court Confirms That Bitcoin And Ethereum Are Both Commodities: CFTC Chairman
A U.S. court decision last week found that both Bitcoin and Ethereum are commodities under jurisdiction of the CFTC.Rostin Benham – Chairman of the Commodities and Futures Trading Commission (CFTC)…