The dYdX Foundation, a non-profit organization behind the decentralized crypto exchange dYdX, has released its semi-annual report detailing its ecosystem growth and milestones reached in 2023. According to the report, the foundation fostered the development of the dYdX protocol and grew the community in preparation for the release of the v4 open-source software – the...Read More
The United Kingdom Financial Conduct Authority (FCA) said it will extend the deadline for crypto firms to implement the strict marketing rules created to protect consumers. According to an official release, the core rules will still come into effect from October 8, 2023, while measures that require greater technical development, like the 24-hour cooling-off period,...Read More
Grayscale’s victory over the SEC could be seen as a major setback for the financial regulator, which has intensified its enforcement efforts against the cryptocurrency industry. However, this landmark win did not translate into a notable increase in the accumulation of crypto assets in the spot market. In fact, CCData’s latest report disclosed that the...Read More
The world’s most valuable company – Apple, with market cap nearing $3 trillion, has reportedly secured the rights to the upcoming book about FTX’s founder – Sam Bankman-Fried. The book will likely be one of the many documentaries, including short TV series, to be released about SBF and his former empire. Apple Gets the Book...Read More
The prolonged legal battle between Ripple, a blockchain payments company, and the U.S. Securities and Exchange Commission (SEC) has been capturing widespread attention from the very beginning. This case, which has been in the spotlight for months and years, carries significant implications for the entire cryptocurrency industry, and it has become a subject of keen...Read More
Vitalik Buterin, the co-founder of the second-largest blockchain, Ethereum, had his X account hacked to portray a phishing site that reportedly drained over $800,000. The fraudulent post has been deleted since, and the account has been restored. The blockchain security resource PeckShield was among the first to alert about the ongoing hack later last night,...Read More
On Wednesday, U.S. accounting standard authorities unanimously approved long-anticipated guidelines for valuing digital assets. These new rules will provide crypto companies and other businesses with substantial digital currency holdings a standardized method for assessing the value of their Bitcoin, Ethereum, and other cryptocurrencies. This research report aims to explore the impact of new crypto accounting...Read More
