FASB to Review Accounting Rules for Digital Assets Held on Balance Sheets: Report
11.5.2022
A clearer framework for how companies might account for crypto might pave the way greater adoption
Bitcoin price reclaims $30K as Bitcoin Cash hits fresh record low against BTC
11.5.2022
Bitcoin SV joins the hard fork in posting dismal price performance as the dust settles on the Terra UST debacle
Celsius Network execs deny rumors of significant losses amid market volatility
11.5.2022
"Our front office teams [...] think and act like risk managers to ensure that we are not exposed in any significant way to market swings," said Celius CFO Rod Bolger
5 US States Issue Emergency Orders to Shut Down Metaverse Casino With Alleged Russian Ties
11.5.2022
Regulators in five U.S. states issued emergency orders on Wednesday requiring a metaverse casino with alleged Russian ties to immediately halt the sale of its non-fungible tokens (NFTs), citing fraud, deceit and registration violations
LUNA meltdown sparks theories and told-you-sos from crypto community
11.5.2022
Some of you saw it coming; some of you still can't believe it's real. Was the "most significant collapse in crypto history" an attack?
Crypto Market Dives – and Rebounds – Following UST De-Peg, US Inflation Report
11.5.2022
Bitcoin (BTC), ethereum (ETH), and the broader crypto market experienced a sharp correction today after the terraUSD (UST) stablecoin collapsed, and an inflation report in the US revealed higher-than-expected price rises. However, prices later turned around, marking a strong recovery for...
Bank of Israel claims 'public support' for its CBDC project
11.5.2022
Stakeholders believe that the digital shekel would boost competition, but remain divided on the matter of privacy
Stablecoin Implosion — LUNA and UST Lose Significant Value, Downturn Ripples Across the Crypto Economy
11.5.2022
During the last few days, the crypto economy has been tumultuous as billions have fled the market in search of safety. The issues with LUNA sparked a significant sell-off as Terra’s native digital asset dropped 97% in value against the U.S. dollar in 24 hours. Terrausd has slipped 67% lower...
Good News for German Crypto Investors, Spot Trading Increased in April + More News
11.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Good News for German Crypto Investors, Spot Trading Increased in April + More News
UST’s Do Kwon Was Behind Earlier Failed Stablecoin, Ex-Terra Colleagues Say
11.5.2022
Basis Cash, an algorithmic stablecoin project founded by the anonymous “Rick” and “Morty” in 2020, was actually the work of Terraform Labs employees
‘Animal Crossing Meets Minecraft’: Branch Raises $12.5M for Play-to-Earn Project
11.5.2022
Dragonfly, Polychain and Coinbase Ventures were all participants in the game’s seed round
Do Kwon's USD 1M Bet Doesn't Look Good as LUNA Crashes
11.5.2022
Do Kwon, co-founder and CEO of Terraform Labs, the entity behind Terra (LUNA), found himself in a peculiar position with his bet that LUNA would stay above USD 88 - as the coin dropped over 90% in a single day.
In mid-March, Do Kwon took a bet with pseudonymous Twitter user Sensei Algod,...