Daily Breakdown

TL;DR New crypto accounting rules from the Financial Accounting Standards Board (FASB) allow for fair-value accounting of specific crypto assets on company balance sheets. This shift from the “indefinite-lived intangible asset accounting model” to fair-value accounting reflects the growing relevance of crypto in financial disclosures, set to be effective after Dec. 15, 2024. This change […]

In the fast-moving world of crypto, being able to act quickly on opportunities is key. Having the right mobile apps installed can make a major difference in maximizing your gains. This article covers 9 apps that crypto investors and traders should consider downloading. Essential Mobile Apps for Maximizing Crypto Gains 1. Kraken Mobile App: The

The Surge in Generative AI Interest As artificial intelligence rapidly progresses, a global race is underway between major powers like the US and China to achieve dominance in this transformative technology over the next decade. With Vladimir Putin warning that leadership in AI will determine global primacy through 2100, the stakes could not be higher.

TL;DR: The entrenched financial elite may soon be compelled to adopt Bitcoin as a means to safeguard their wealth, ironically from the inflationary tactics that have historically benefited them. Inevitable Adaptation in the Financial Elite The most powerful financial families often face unexpected shifts that demand adaptation for survival. Today, the allure of Bitcoin, a

TL;DR Exploring the Intersection of Bitcoin, Sovereignty, and Freedom: A Deep Dive into the Revolutionary Potential of Cryptocurrency and Its Implications on Personal Liberty and State Authority. Introduction The emergence of Bitcoin has sparked a revolutionary shift in how we perceive monetary systems, taxation, and personal sovereignty. This shift is not merely about financial transactions;

TL;DR: FIFA is launching an NFT collection for the 2023 Club World Cup, featuring 100 NFTs with ticket opportunities to the 2026 World Cup final. Additional 900 collectibles will be released on Polygon and OpenSea, capturing iconic moments from the tournament. The FIFA+ Collect platform, powered by Algorand, has facilitated 11 NFT drops since September

X, the platform formerly known as Twitter now helmed by Elon Musk, has obtained money transmitter licenses in 10 U.S. states. This enables X to operate as a licensed money service business facilitating cross-border transfers in regions like Arizona, Iowa, and Rhode Island. The milestone accelerates X’s trajectory toward potential future crypto integration, despite Musk

TL;DR – Prominent news outlets prominently pushed questionable claims about Bitcoin’s water usage while minimizing rigorous research on its renewable energy potential, reflecting anti-Bitcoin biases within influential incumbent institutions like central banking. The Truth Often Lags Mainstream Reporting On November 30th, the Independent covered a peer-reviewed study arguing Bitcoin mining helps renewable energy expansion. The

TL;DR: Coinbase introduces a groundbreaking feature enabling money transfers via popular messaging apps and social media platforms, marking a significant advancement in the ease and accessibility of cryptocurrency transactions. Revolutionizing Money Transfers Coinbase, a leading U.S.-based cryptocurrency exchange, is revolutionizing the way people send and receive money. By integrating a new service that allows users

TL;DR: IBM’s latest innovation in cold storage technology, designed for secure handling of crypto assets, promises enhanced safety and operational efficiency. This breakthrough, utilized by Ripple’s custody firm Metaco, signifies a strategic move in mitigating risks associated with offline crypto asset management. IBM’s Cold Storage Tech Revolution IBM, a trailblazer in technological advancements, has once