Crypto news

The U.S. Financial Accounting Services Board (FASB) has passed a unanimous vote to drastically change the way crypto asset values are recorded on publicly traded companies’ balance sheets. Experts predict the change will make crypto more attractive to hold by exposing big investors to the upside potential of their assets. How FASB’s Change Impacts Crypto On Wednesday, the Board held a meeting to evaluate comments on the proposed change, which would have crypto assets marked...

Elon Musk is back in the news. First off, he’s rebranding Twitter to “X,” a simple name for what is undoubtedly becoming a very complicated social media platform given all the hype, hoopla, and controversy that has surrounded it since he bought it last year. Elon Musk is Again Touting Dogecoin Second, he’s once again playing with the idea of utilizing Dogecoin as an official payment tool for all users of Twitter turned X, and it appears his sentiment towards the...

Blockchain analytics firm Arkham Intelligence has found that on-chain wallets tied to the Grayscale Bitcoin Trust (GBTC) hold more than $16 billion in BTC. In a recent tweet, the crypto data tracking platform said that the trust’s issuer, Grayscale Investments, is the second largest global bitcoin holder, with the assets spread across more than 1,750 different addresses. Grayscale Holds Over $16B in BTC Arkham noted that Grayscale has refused to identify GBTC’s on-chain...

Singapore-based MEXC exchange has become the third largest holder of Shiba Inu’s BONE token, as reported by crypto enthusiast Tech Fusion. The exchange now holds over 12 million BONE tokens, valued at nearly $13 million, making it the largest single wallet holder of this token. According to Tech Fusion’s analysis, the two addresses ahead of MEXC are confirmed smart contracts, which supports MEXC’s claim as the largest single wallet holder.  Source: XData from the Etherscsn...

The Tokyo Game Show 2023 will feature Oasys and double jump.tokyo, highlighting the latest trends in blockchain gaming. The Tokyo Game Show 2023, renowned as one of Japan’s largest gaming expos, is set to host a significant exhibition on blockchain gaming. Oasys, a blockchain-based game development platform, and double jump.tokyo will be the main attraction, showcasing the latest trends in the blockchain gaming industry. According to the Tokyo Game Show announcement, the event will take...

Presidential hopeful and crypto fan Robert Kennedy Jr. said that following the Bitcoin Conference in Miami this year (during which he gave a speech), he purchased 14 bitcoin units, two for each of his seven children. Robert Kennedy Purchases BTC for His Children In a recent interview, Kennedy mentioned: Right after the Bitcoin Conference, I decided to put my money where my mouth is and bought two bitcoins for each of my seven children. During the time that they...

Ripple’s price has been gradually declining over the past few days, and the situation does not look promising for XRP at the moment. Technical Analysis By Edris The USDT Paired Chart On the USDT-paired chart, the price has been struggling to rebound after the recent drop from the $0.9 resistance level. The 200-day moving average, located around the $0.5 mark, is also failing to hold the market, as the price has been closing below it in recent days. Considering the current...

To use the AI tool, Opera GX users will have to enable “Early Brid” in their browser settings. Gaming browser Opera GX has announced an integration of the ChatGPT-powered AI feature Aria to improve the gaming experience for users. Aria was first launched on the flagship Opera browser in May to make it easier for users to search the web, find quick answers to questions and write code. It is currently available in over 180 countries and has over a million beta users. Opera GX Early Bird...

The new AI chatbot will allow Morgan Stanley cater more effectively to its growing wealth division and the teeming clients there. American financial services company Morgan Stanley is looking to introduce an artificial intelligence (AI) chatbot in interactions with its wealthy clients. Morgan Stanley developed the chatbot in collaboration with OpenAI, the company behind ChatGPT. Both Morgan Stanley and OpenAI have been working on the AI chatbot for a while now. Morgan Stanley is now ready...

Texas has garnered a reputation for being very pro crypto. The state opened its borders to several miners from China about two years ago after their home country announced in the summer of 2021 that crypto mining would no longer be permitted per new rules from Beijing. Texas Citizens Have Mining Concerns With nowhere to turn, many reverted their sights to the Lone Star State, admiring its many open lands and its cheap electricity prices. Not wanting to miss out on...