IOTA is set to revolutionize the crypto landscape with the launch of ShimmerEVM, a parallelized DAG ledger optimized for custom smart contract chains. The testnet has already processed more than 1.4 million transactions, and the team is in the advanced stages of their testing phase. The ShimmerEVM mainnet launch has experienced delays due to in-depth […]
The Financial Accounting Standards Board (FASB) has unanimously approved new guidelines for accounting and disclosing cryptocurrencies like Bitcoin. These regulations will come into effect in 2025, in an effort to improve transparency for investors and others who rely on financial statements. The new rules will require digital assets to be logged at their current market […]
October is shaping up to be a pivotal month for the future of crypto, with the SEC’s deadline to provide a decision on the status of seven spot Bitcoin ETFs extended to around the middle of the month. Grayscale, a crypto research firm, has urged the SEC to approve spot Bitcoin ETFs quickly, warning that […]
The Financial Accounting Standards Board (FASB) has approved rules for accounting for the fair value of companies’ cryptocurrency holdings, which will go into effect in 2025. Fair value is the estimated price of an asset that takes into account current market value and other decisive elements. The new accounting method will increase volatility in the […]
Domini ($DOMI) is a blockchain-based version of the traditional art market, allowing users to access blue-chip artworks at a fraction of the price. It uses NFTs and fractionalization to convert artworks into digital assets and split their ownership into smaller parts. The Domini ($DOMI) marketplace helps users build a diverse portfolio by trading asset ownership […]
Bad Idea AI ($BAD) is a groundbreaking AI crypto project in the blockchain and DAOs industry. The project has announced its official utility token listing on the MEXC Exchange, with the BAD/USDT trading pair available starting 12:00 UTC on September 5, 2023. The decision to list on MEXC was made collaboratively through advanced AI analytics […]
Bitcoin has been on a bull run for the past six months, and according to BitMEX co-founder and former CEO Arthur Hayes, the market is yet to respond but will in the next six to 12 months. Hayes argued that the bull run began on March 10, the day Silicon Valley Bank (SVB) was taken […]
Sonik Coin has achieved a milestone of $1 million in its presale in less than three weeks, with the presale ending in less than 48 hours. The project has a staking pool and reward system, which should help it remain relevant and sustainable for years. Crypto analysts predict that the token could grow by 10 […]
Nigeria has emerged as a global leader in cryptocurrency awareness, according to a recent study by blockchain and Web3 software company Consensys. The survey, conducted by YouGov and Consensys, was taken by 15,158 people across 15 countries, including the U.S., the U.K., Argentina, France, India, Japan, Mexico, South Korea, the Philippines, and Nigeria.The survey found […]
A security firm, Cyvers Alerts, has flagged suspicious transactions from the cryptocurrency gambling platform Stake, totalling $16 million on September 4. Blockchain evidence suggests that the funds were siphoned off as a result of a stolen private key. The hacker transferred $3.9 million worth of Tether (USDT), 6,001 Ethereum (ETH) worth $9.8 million, $900,000 worth […]
