Bank Consolidation Threatens Freedom, Makes Case for Bitcoin

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The biggest threat from the banking crisis triggered by this month’s collapse of Silicon Valley Bank might not lie in the potential for depositors to lose their savings but in the censorship power that massive banks are now accumulating as customers move their money.Publish at: March 24, 2023 […]

U.S. Accounting Board Seeks Crypto Standards Requiring Firms to Report Price Shifts

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data U.S. accounting standards may be overhauled to specifically factor in crypto accounting, establishing a fair-value approach that would demand certain digital assets be measured at what they’d go for in the markets, according to a change proposed this week by the Financial Accounting Standards Board (FASB).Publish at: March […]

Do You Believe in (Bitcoin) Magic?

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data NFTs continued to grow beyond their humble Ethereum roots this week, with Magic Eden becoming the first major NFT marketplace to offer Bitcoin-based collectibles on its platform. Web3 gaming was also in the spotlight, as Sony filed a patent that could make NFTs transferable between different games and […]

A Three Arrows Capital Founder Talks About His New Crypto Bankruptcy Exchange

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Less than a year after Three Arrows Capital imploded along with $2.5 billion of its clients’ money, the hedge fund’s founders Su Zhu and Kyle Davies are back on the scene with what appears, to their credit, to be an impressive bankruptcy exchange, but is it too soon?Publish […]