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MicroStrategy to Benefit from New Financial Reporting Standards for Bitcoin Holdings

MicroStrategy, a prominent software developer and investor, is poised to enhance its reporting of Bitcoin (BTC) holdings thanks to the recent decision by the Financial Accounting Standards Board (FASB). This crucial reform allows companies such as MicroStrategy to declare the …
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G20 Takes a Unified Approach Towards Comprehensive Crypto Regulations

The ever-evolving cryptocurrency landscape has prompted governments around the world to adapt their regulatory strategies. In a significant move, the G20, a group of 20 developed economies, has come together to develop a comprehensive crypto rulebook aimed at addressing this …
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North Korean Hackers Strike Again: $41 Million Crypto Heist Highlights the Persistent Cybersecurity Threat

In a recent high-profile cyberattack, a well-known North Korean hacker group has managed to steal approximately $41 million worth of cryptocurrencies from an online casino and betting platform. This audacious theft further emphasizes the group’s expertise in cybercrime. With federal …
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US Congressman Proposes Limiting SEC’s Enforcement Funds on Digital Assets

Congressman Tom Emmer, a prominent advocate for cryptocurrencies, has announced his intention to introduce an appropriations amendment that would restrict the United States Securities and Exchange Commission (SEC) from deploying funds towards enforcing regulations on digital assets. Emmer strongly believes …
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Texas Senator Ted Cruz Praises Bitcoin Mining for Economic Benefits and Grid Resiliency

In a recent interview with Forbes, Texas Senator Ted Cruz expressed his support for Bitcoin mining, emphasizing how it benefits the state’s economy and grid. Cruz commended the decentralized nature of cryptocurrency technology and highlighted the financial freedom that Bitcoin …
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China’s Crypto Crackdown: Weibo Purges Prominent Crypto Influencers

Weibo, the Beijing-based social media giant, recently purged 80 of its most prominent crypto influencers, reflecting China’s ongoing strict crackdown on cryptocurrency activities. This move has raised concerns about the future of the crypto industry in the world’s most populous …

