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

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

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Coin Market

Feds end Bitcoin bandits’ luxury life fueled by $230M crypto scam

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The scammers spent their gains on a lavish lifestyle of luxury cars, apartments, jewelry, and nightlife. 

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Coin Market

DeFi lending protocol Sky to drop wrapped Bitcoin after governance vote

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The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform. 

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Coin Market

BingX confirms ‘minor’ losses amid panic over hot wallet movements

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Crypto exchange BingX’s product chief Vivien Lin has confirmed there was a hack and a “minor asset loss,” which is still being calculated.

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