Excluding Dec. 1, daily transactions on the Bitcoin blockchain experienced a steep decline as the month unfolded. Between Dec. 2 and Dec. 31, a total of 12,105,415 transactions were recorded. Despite the drop, on Dec. 5, the network achieved a record high for the total dollar value of transactions processed in a single day in […]
Binance’s BNSOL leads the Solana liquid staking ecosystem with its total value locked exceeding $ 1 billion. BNSOL Hits $ 1 Billion Mark Binance has announced a major milestone for BNSOL, its Solana liquid staking token. The token recently crossed $ 1 billion in total value locked (TVL), representing more than 10% …
Law enforcement’s swift action seized $ 900,000 in bitcoin from a Nigerian fraud scheme, and its soaring value may fully reimburse victims of a $ 1 million scam. Bitcoin Boom: Law Enforcement’s Quick Move Recovers Millions for Scam Victims The U.S. Attorney’s Office for the Western District of Washington announced on Monday that …
The new accounting update could be a boon for firms seeking bitcoin corporate treasuries. New Accounting Standard Recognizes Crypto Gains An accounting standard that addresses the fair value of crypto assets went into effect yesterday and may have a positive impact on companies seeking to establish bitcoin (BTC) treasuries by allowing firms to report both […]
Vanguard, the second-largest ETF provider, has tripled down on its rejection of bitcoin and the crypto asset class, declaring that the merits of these digital assets are “weak” and based on speculation. Vanguard Belittles Bitcoin Yet Again: Might Make Investors Lose Money Even with the recent hike in price and interest for bitcoin and the […]