Memecoins: From memes to multibillion-dollar pumps, scams and rug pulls
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US accounting standards board rules will reflect institutional crypto assets' fair value
The U.S. FASB has decided that crypto assets will be represented at their fair value in accounting beginning late next year. Crypto companies and institutions holding crypto assets have gotten some good news about accounting practices. They will be able to record the value of their crypto more realistically under rule changes in the United
Kraken and Tottenham Hotspur score big in crypto partnership
Kraken is now Tottenham Hotspur’s first official crypto and Web3 partner, with the goal of boosting fan engagement and increasing awareness about cryptocurrency.
Russian bank Sber launches blockchain ETF tracking Coinbase, Galaxy Digital
Called “Sber — Blockchain Economy,” the ETF will trade under the ticker SBBE and track major crypto companies. 112 Total views 12 Total shares Sber, the Russian government-backed company and the largest bank in the country, is launching a blockchain exchange-traded fund (ETF) to track the performance of major crypto companies such as Coinbase and…
NASCAR driver opts for crypto payment in sponsorship deal
"There are a handful of pilots who like crypto, but I am probably one of the ones who has been around long enough and I am quite comfortable with how it works," said Landon Cassill. 125 Total views 2 Total shares Landon Cassill, a professional race car driver in NASCAR’s Xfinity Series, will be receiving…
UK Data Protection Watchdog Raises Concerns Over Facebook’s Libra
The U.K.’s Information Commissioner’s Office (ICO) has requested, along with a number of other jurisdictions, that the companies in the Libra Association provide details on how they plan to protect user data.The ICO has released a joint statement on global privacy expectations of the Libra network on Aug. 5 that is addressed to Facebook and…
‘Growth hacker’ hides 100 caches of Bitcoin Cash around city
‘Giving away crypto does help people, but the real motivation is to spread awareness in a way that’s fun and interesting,’ the Bitcoin Man said. An anonymous benefactor manipulated social media to get on the news in the Californian city of Bakersfield to encourage the adoption of Bitcoin Cash.According to a Sept. 17 blog post…
IOTA Launches Hackathon Smart City Contest Sponsored by Groupe Renault
The IOTA Foundation has announced the Smart City Hackathon sponsored by French global automobile manufacturer Groupe Renault, Cointelegraph auf Deutsch reports Feb. 25.At the hackathon, participants will compete by using new technologies to solve inter-city problems submitted by corporate partners. Contestants will use distributed ledger technology (DLT) to develop more efficient transport, energy grids and…