SEC chief accountant warns accountants about liabilities when auditing crypto firms
Paul Munter, chief accountant of the United States Securities and Exchange Commission (SEC), has released a statement warning accounting firms of their obligations to the...
Kin token soars after proposal to burn 7 trillion KIN passes
Kin community adopts proposal to burn 7 trillion of supply. The total supply of Kin is 10 trillion KIN tokens. The price of native token...
Bitcoin-focused MicroStrategy stock has 22% upside – analyst says
TD Cowen analyst sees upside in MicroStrategy to $520. Lance Vitanza explained his bullish view in a research note. MicroStrategy stock has already tripled since...
‘Pro-crypto bill’ passes out of US House Agriculture Committee
Tact was pervasive in the United States House of Representatives Agricultural Committee’s consideration of the Financial Innovation and Technology for the 21st Century Act on...
Decentralized exchange PancakeSwap taps zkSync Era blockchain
PancakeSwap initially launched on BNB Chain but is now available on five blockchains. The zkSync Era blockchain is the most recent blockchain that the DEX...
Stablecoins pose lower risk than bank deposits, says ex-Fed policy analyst
Stablecoins cannot be compared to bank deposits in terms of risk, argues a new policy paper authored by former Federal Reserve Board analyst Brendan Malone...
Optimism and Arbitrum metrics diverge as OP token outperforms
Optimism and Arbitrum are some of the best-known layer-2 networks. The two network’s metrics have diverged in the past few days. These metrics include the...
Rep. Patrick McHenry blames White House for lack of urgency on stablecoin bill negotiations
United States House Financial Services Committee Chair Patrick McHenry has pointed a finger at the Biden administration for the lack of bipartisan agreement on a...
Bitcoin inverse relationship with dollar weakening
The US dollar is the global reserve currency, meaning it is a key influence on all risk assets Bitcoin has seen its negative correlation with...
A temperature check on crypto as market eyes potential end of rate hiking cycle
Key Takeaways The Federal Reserve increased interest rates 0.25% Wednesday, but the market is anticipating the hiking cycle is coming to a close Optimism is...