Crypto News

Microsoft, one of the largest tech companies in the world, has reinforced its interest in crypto as an asset class, proclaiming that it was one of the pioneers in accepting digital assets for its services. Microsoft Will Continue Evaluating Crypto as an Asset Class in the Future Microsoft, one of the largest companies in theSource link

The man would say his phone had stopped working, borrow his victim's phone, and then empty their Coinbase account, according to police.Source link

By Omkar Godbole (All times ET unless indicated otherwise)Imagine you have a rare collectible. It's aged like fine wine, but only shows the original price tag. That's how U.S. companies have been told to value their bitcoin ... stuck in the past instead of reflecting its true worth. As of today, that changes.Yes, today is when the FASB fair value accounting rule, which passed in 2023, takes effect, allowing companies to report their bitcoin holdings at fair market value instead of the purchase price. The change gives firms more control over how they classify these assets and may accelerate corporate adoption. Note, though, the new standard doesn’t apply to NFTs, wrapped tokens or internally generated digital assets.Alex Kuptsikevich, an analyst...

“This is the first of multiple cease-and-desist letters to be issued," Mark Longo, caretaker of the late Peanut the Squirrel wrote on X.Source link

Digital asset investment products have seen record inflows, reaching $44.5 billion in 2024, according to CoinShares. Bitcoin and Ethereum lead the surge. (Read More)Source link