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Nirvana Finance Hacker Forfeits Millions, Amid Pleading Guilty – BeInCrypto
Shakeeb Ahmed, a senior security engineer, has admitted to hacking two decentralized cryptocurrency exchanges, marking the first-ever conviction for a smart contract breach. The announcement was made by the United States Attorney for the Southern District of New York following Ahmeds guilty plea to the fraud charges. According to the statement, Ahmeds exploits involved the July 2022 hack of Nirvana Finance and another attack on a decentralized crypto exchange.
Bitcoin Slips. What the Dips Say About the Crypto Rally. – Barron’s
Bitcoin and other cryptocurrencies edged lower Friday but remained near their recent peak, little shaken by a selloff earlier in the week. The pattern of dipsand dip-buyingmay bode well for the overall momentum in digital assets
Bitcoin Bounces Over $43K, Altcoins, Crypto Stocks Burst Higher as Fed Projects Rate Cuts Next Year – CoinDesk
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Tesla and Block among Bitcoin-holding firms to get boost from accounting rule change in late 2024 – Fortune
The Financial Accounting Standards Board, an outfit known as FASB that helps create rules for corporate bookkeeping, published a bulletin on Wednesday about implementing a long-awaited rule change that will benefit firms that hold Bitcoin and other cryptocurrencies. Under the current accounting regime, firms such as Tesla and Block that hold Bitcoin must report a loss in earnings reports if the digital asset drops in value during a given time.
Why 2023 Is Like 2020 and Bitcoin Is Set to Head Towards $50k – CoinDesk
Bitcoin has recently achieved new highs in 2023, but there's a question lingering: Is the market over-extended, and have we reached the pinnacle of enthusiasm? We can gain insight into these inquiries by examining the positioning of the crypto options market. The most apt comparison to Q4 2023 is the rally we saw in Q4 2020.
Cantor Fitzgerald CEO Howard Lutnick Is a Bitcoin Maxi and Tether Fan – CoinDesk
Bitcoin (BTC) and Tether (USDT) are the favorite cryptocurrencies of Howard Lutnick, CEO of Wall Street broker Cantor Fitzgerald. "I am a fan of crypto, but let me be very specific: bitcoin, just bitcoin
Bitcoin Price Settles After Worst Selloff in 9 Months. Where Crypto Goes Next. – Barron’s
Bitcoin and other cryptocurrencies settled on Tuesday after one of the worst crypto selloffs this year, though digital assets continue to hold on to gains from a recent rally that has carried prices to their highest levels since April 2022. The price of Bitcoin was down less than 1% over the past 24 hours to $41,800, having briefly traded below $41,000 on Monday amid the worst selloff for the token on a daily time frame since early March, according to Dow Jones Market Data. Bitcoin has retreated from its recent peak above $44,000the highest point since April 2022but still remains up by more than 50% in two months in the latest stage of a crypto recovery this year that has sparked calls for a new bull market
Bloomberg analyst explains plan forward for spot bitcoin ETF: The SEC has been ‘backed into a corner’ – The Block – Crypto News
Markets December 15, 2023, 10:26AM EST Published 1 minute earlier on Episode 105 of Season 5 of The Scoop was recorded with The Block's Frank Chaparro and Bloomberg Intelligence ETF Research Analyst James Seyffart. Listen below, and subscribe to The Scoop on Youtube, Apple,Spotify,Google Podcasts,Stitcher, or wherever you listen to podcasts
Bitcoin Price Retreats to Start the Week. This Could Restart the Crypto Rally. – Barron’s
Bitcoin and other cryptocurrencies fell on Monday, retreating from 20-month highs but with prices still near the peak of a recent rally. The days ahead see catalysts including the next Federal Reserve decision that could reignite sentiment
Coinbase Launches Spot Trading of Bitcoin and Ether Outside the U.S. – CoinDesk
Crypto exchange Coinbase will soon be offering the option to spot trade cryptocurrencies outside of the U.S. as part of its global expansion efforts, the company announced in a blog post Wednesday. Starting Thursday, Coinbases international exchange will allow institutional customers to trade bitcoin and ether against the USDC stablecoin