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Category: News

The U.S. Financial Accounting Standards Board Spells Out How To Account For Digital Assets
News

The U.S. Financial Accounting Standards Board Spells Out How To Account For Digital Assets

May 11, 2022May 11, 20224 min read

The companies who have invested in digital assets like MicroStrategy Inc., Tesla Inc., and Block Inc., will get long awaited rules for accounting for the

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UST, LUNA Collapse Accelerates as Terra Suffers Capital Flight
News

UST, LUNA Collapse Accelerates as Terra Suffers Capital Flight

May 11, 2022May 19, 20223 min read

After a period of relative stability during Tuesday’s European and US trading sessions, sentiment towards Terra’s flagship stablecoin TerraUSD (UST) turned sour once again at

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China’s Public Transportation Accepting Digital Yuan; Approved For Twelve Cities
News

China’s Public Transportation Accepting Digital Yuan; Approved For Twelve Cities

May 9, 2022May 9, 20223 min read

The tech-savvy people of China will now be able to enjoy a more convenient life in Guangzhou, where public transport tickets can be purchased via

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Africa,Tanzania Moving Forward to it’s Own Central Bank Digital Currency
News

Africa,Tanzania Moving Forward to it’s Own Central Bank Digital Currency

May 9, 2022May 9, 20222 min read

Tanzania is edging closer to introducing a Central Bank Digital Currency (CBDC) to help counter the rising popularity of cryptocurrencies in the nation. Tanzania is

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North Korea’s Lazarus Group Used Mixer to Launder Stolen Cryptocurrency
News

North Korea’s Lazarus Group Used Mixer to Launder Stolen Cryptocurrency

May 9, 2022May 9, 20223 min read

The United States sanctioned virtual currency mixer Blender.io on Friday for its role in enabling the Democratic People’s Republic of Korea North Korea to conduct

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Billionaire Mike Novogratz Elaborates On The Direction of Cryptocurrencies
News

Billionaire Mike Novogratz Elaborates On The Direction of Cryptocurrencies

May 9, 2022May 9, 20222 min read

Mike Novogratz, a well-known American investor and the current CEO of Galaxy Investment Partners, has predicted that cryptocurrencies will continue to be associated with the Nasdaq in the meantime.

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World Renowned Gucci Fashion Goes Crypto with US Stores to Start Accepting Crypto Payments
News

World Renowned Gucci Fashion Goes Crypto with US Stores to Start Accepting Crypto Payments

May 4, 2022May 4, 20222 min read

While some fashion houses play catch up, Gucci is tapping into the crypto crowd and building on recent Web3 activity. Gucci is one the most

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California Governor Gavin Newsom Signs Blockchain Executive Order Foster Web3 Innovation
Analysis News

California Governor Gavin Newsom Signs Blockchain Executive Order Foster Web3 Innovation

May 4, 2022May 4, 20224 min read

California Governor Gavin Newsom signed an govenment order to foster accountable innovation, bolster California’s innovation economic system, and shield shoppers. It goals to create a

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The Boss, Rick Ross Directly Challenges Crypto Investor To Prove Their Wealth; It’s Show Time
News

The Boss, Rick Ross Directly Challenges Crypto Investor To Prove Their Wealth; It’s Show Time

May 3, 2022May 3, 20223 min read

Rick Ross doesn’t believe that investors in cryptocurrency are actually getting rich, and he wants them to prove it. William Leonard Roberts II, known professionally as Rick Ross,

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CryptoKicks Nike x RTFKT Are On Fire; Selling Like Crazy For Thousand’s of Dollars
News

CryptoKicks Nike x RTFKT Are On Fire; Selling Like Crazy For Thousand’s of Dollars

April 29, 2022April 29, 20223 min read

Nike and RTFKT have launched a line of virtual sneaker NFTs, and some of their “CryptoKicks” have now sold for well above six figures. It’s

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