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Top 4 accounting firm turns to Ethereum for blockchain-based business contracts

Big Four accounting firm Ernst & Young (EY)  unveiled its new service for managing enterprise contracts via blockchain technology called OpsChain Contract Manager (OCM) on April 17. The tool is designed to manage complex, multi-party business agreements with enhanced security and privacy via blockchain technology. дальше »

2024-4-18 00:39


Traders Bet on More Near-Term Ethereum (ETH) Upside Because of This Trading Activity

Ethereum saw an increase in block trade activity on Monday, according to a post by Greek. live. Block trades are large orders that are negotiated privately instead of on public exchanges. On Monday, around 60,000 Ethereum options contracts were traded via block trades, accounting for 40% of the total options volume for the day. дальше »

2023-11-14 10:00


U.S. SEC Messed Up in Handling Contentious Crypto Accounting Bulletin: GAO

The U.S. Securities and Exchange Commission (SEC) was out of bounds when it issued its controversial "Staff Accounting Bulletin 121," according to the Government Accountability Office (GAO). The 2022 guidance, which the industry says threatens crypto investors' ability to find safe harbors for their assets, should have been treated as a formal rule, the GAO concluded in a report issued on Tuesday. дальше »

2023-11-1 22:11


Bitdeer grows Bitcoin production by 195% YoY with a 35% September increase in BTC mined

Singapore-based Bitdeer Technologies Group revealed a notable surge in mined Bitcoins in September 2023. 482 Bitcoins were mined, nearly tripling the numbers from the same time last year. Additionally, the Gedu mining data center alone produced 217 Bitcoins, accounting for approximately 45% of the total mined Bitcoins in September. дальше »

2023-10-6 10:37


MicroStrategy To Release Quarterly Updates On Bitcoin Holdings, Ignoring Impairment Losses

Software developer MicroStrategy is set to revamp its reporting of Bitcoin (BTC) holdings each quarter, thanks to a recent decision by the Financial Accounting Standards Board (FASB). Greater transparency into their financial health will be possible owing to this reform, which will permit businesses like MicroStrategy to declare the fair value of their Bitcoin holdings […] дальше »

2023-9-9 20:00


Texas Bitcoin Miners Forced To Stop Operations Due To Energy Crunch

Bitcoin miners in Texas are facing a temporary setback as they power down their operations in response to the state’s ongoing energy crisis. The scorching heatwave that gripped the Lone Star State forced the Electric Reliability Council of Texas (ERCOT) to take drastic measures to ensure uninterrupted power supply to its 25 million customers, accounting […] дальше »

2023-9-9 15:30