Author: e_cash_top
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Tether freezes Ledger exploiterâs address
[ad_1] In a move to mitigate the aftermath of the recent Ledger Connect Kit hack, Tether has proactively frozen the hackerâs address. Tether CEO Paolo Ardoino announced the freeze on social media hours after the hacker stole roughly $484,000 through a wallet drainer. The move aims to prevent further unauthorized transactions and safeguard the assets…
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Ledger security breach triggers Bitcoin tumble and $83 million in liquidations
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more âș Connected to Alpha Welcome! đ You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Russia draws up plans to classify mined crypto as an exportable commodity
[ad_1] The Russian Ministry of Finance has proposed allowing crypto miners to export their crypto akin to other commodities, local media outlet RBC reported. During a round table discussion titled âCryptocurrency and the Future of Digital Finance,â Ivan Chebeskov, the Deputy Finance Minister, unveiled this proposal. He highlighted the intention to create legislation mirroring the…
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Ledger pushes update to fix compromised library as users warned to hold off connecting to dApps
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more âș Connected to Alpha Welcome! đ You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Coinbase continues to list new memecoins ahead of institutional Bitcoin ETF custody milestone
[ad_1] Coinbase recently announced its decision to add Bonk (BONK), a Solana network token, to its list of tradable assets, a move that adds a new memecoin to its platform amidst its involvement in institutional activities like the anticipated Bitcoin ETF custody with BlackRock. Coinbase adds Solana-based dog token to tradeable assets. Coinbaseâs inclusion of…
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New FASB rules pave the way for Bitcoin on corporate balance sheets at ‘fair value’
[ad_1] The Financial Accounting Standards Board (FASB) has officially adopted new accounting rules for Bitcoin, marking a significant shift in the financial landscape for corporations. This change, effective for fiscal years beginning after Dec. 15, 2024, introduces fair value accounting for Bitcoin, aligning its treatment with other financial assets. The recent announcement by the FASB…
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Bitwise predicts $80k BTC in 2024 as ETF launch will be most successful in history
[ad_1] Bitwise Investments, currently awaiting a decision on its spot Bitcoin ETF filing with the SEC, has followed VanEck in releasing a set of bold predictions for the crypto market in 2024. Bitcoinâs new all-time high above $80,000 is the first of Bitwiseâs predictions. The report attributes this potential surge to two major catalysts: the…
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Gemini Earn users could see as little as 61% of their crypto investments returned
[ad_1] Gemini Earn users might get just 61% of the value of their crypto holdings as of Jan. 19, 2023, according to a reorganization plan from defunct crypto lender Genesis. In a Dec. 13 update on the Geminiâs website, the exchange revealed that Earn users would get an email outlining the proposed plan, saying: âOverall,…
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Worldcoin pushes for mainstream adoption via integration with Shopify, Minecraft, Reddit
[ad_1] Worldcoin, a crypto project co-founded by Sam Altman, recently announced its integration with several prominent online platforms, including Minecraft, Reddit, Telegram, Shopify, and Mercado Libre, TechCrunch reported. This development extends the reach of its World ID technology, which had previously been integrated with platforms like Discord, Talent Protocol, and Oktaâs Auth0. Launched publicly about…
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Corporate adoption in sight as FASB moves toward Bitcoin fair value accounting
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more âș Connected to Alpha Welcome! đ You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…