Crypto News

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 bothSource link

Fintech giant Revolut plans to extend its battle-tested security wrapper, Revolut Pay, to crypto customers from the start of 2025 to improve protection against fraudulent attacks.As it stands, Revolut says, there is limited visibility into card transactions and bank transfers its crypto customers make with exchanges, potentially exposing them to higher levels of fraud due to card mechanisms having limited anti-scam protections.A 12-month pilot of firms using Revolut Pay’s enhanced due diligence, direct API integration and end-to-end control over the payment process showed crypto customers were exposed to about 50% fewer attempts to defraud them, Revolut said in a statement.These enhancements include know-your-customer (KYC) name matching, fraud warning screens, proof of crypto delivery and the ability for crypto merchants to...

NVIDIA's 2024 advancements in AI, large language models, and data science optimization have made significant impacts, as highlighted in the year's top posts. (Read More)Source link

Bitcoin, Ethereum, and Hyperliquid saw significant TVL increases in the past week driven by strong investor inflows. Bitcoin, Ethereum, and HYPE Lead the Way The total value locked (TVL) in Bitcoin, Ethereum, and Hyperliquid rose by $3.09 billion, $2.22 billion, and $1.87 billion respectively over the last seven days. This is according to data fromSource link

Explore how WebAssembly provides a secure environment for executing AI-generated code, mitigating risks and enhancing application security. (Read More)Source link