PeopleDAO hacked via Google Sheets, $120,000 worth of ether stolen

PeopleDAO, a group formed to buy a copy of the U.S. Constitution, has lost 76.5 ETH ($120,000) to a social engineering hack on March 6 that targeted the project’s monthly contributor payout form on Go...

SVB collapse highlights $620 billion hole lurking in banks’ balance sheets

Martin Gruenberg could not have picked a more prescient time to flag risks in the U.S. banking industry. On Monday, the chairman of the Federal Deposit Insurance Corporation (FDIC)—the agency that bac...

Bitcoin continues to follow the liquidity plus the aggregation of central bank balance sheets

Quick Take As the global world faces extreme inflation, central banks try to rein in inflation by decreasing their balance sheets (quantitative tightening) and increasing interest rates. The blue line...

Bitcoin is acting as a liquidity indicator for central bank balance sheets

Quick Take As the global world is facing extreme inflation, central banks are trying to reign in inflation by decreasing their balance sheets (quantitative tightening) and increasing interest rates. T...

Senators Warren, Durbin call on Bankman-Fried for info on FTX’s historical balance sheets

Key Senate Democrats are joining the calls for more disclosure of the historical finances of bankrupt crypto exchange FTX and the cluster of firms that had ties to it and founder Sam Bankman-Fried.  &...

Bitcoin Treasuries Records Show $2.1 Billion in BTC Was Erased From Balance Sheets – Bitcoin News

During the 12 months, public companies, private companies, exchange-traded funds, and even countries have added bitcoin to their balance sheets. As of July 17, 2022, the aforementioned types of entiti...

CEL Price Jumps More Than 20% While Balance Sheets Goes Public, Is This a Revival of A LUNC-Like Price Rally?

Ever since the LUNA-UST crisis knocked on the doors, the crypto space appears to be in deep waters. Followed with a liquidity crisis with a couple of platforms, traders’ confidence was shaken up to a ...

Why digital currencies could be ‘big deal’ for central bank balance sheets 

A combination of “systemic” central bank digital currencies and stablecoins could significantly alter central banks’ delivery and control of monetary policy and the size and composition of their asset...

FASB Votes to Review Accounting Rules for Crypto on Balance Sheets: Saylor

The Financial Accounting Standards Board (FASB) has unanimously voted to review accounting rules for exchange-traded digital assets in the United States. This could have major implications for corpora...

FASB to Review Accounting Rules for Digital Assets Held on Balance Sheets: Report

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...

Macro Expert Lyn Alden Says Cancel-Proof Bitcoin Could Make Its Way Onto Central Bank Balance Sheets – Here’s How

Macroeconomic guru Lyn Alden is laying out how Bitcoin can ultimately make its way onto the balance sheets of central banks of nation-states. In a new interview with Peter McCormack on What Bitcoin Di...

Accounting Standards Are Key to Getting Digital Assets on Corporate Balance Sheets

Through the comment process, FASB received a significant response of 522 comment letters. Of these 522 responses, 445 (85% of the respondents) commented solely and exclusively on accounting standards ...

MicroStrategy and why holding Bitcoin on balance sheets might go both ways

Several financial institutions have had a complicated relationship with the cryptocurrency since Bitcoin emerged to take centerstage in the global economy. Over the years, however, BTC has been fairly...