FASB has approved new accounting standards for crypto, addressin

FASB has approved new accounting standards for crypto, addressing the fair value issue. However, these standards do not cover assets like NFTs. This decision comes after numerous crypto companies voiced their concerns about fair value accounting.

Standard Chartered-owned crypto firm Zodia has launched in Singa

Standard Chartered-owned crypto firm Zodia has launched in Singapore, marking its entry into the country. Zodia Custody, a subsidiary of Standard Chartered, announced the expansion, according to an exclusive interview with CNBC.

Solana (SOL) has seen a decline after reaching $30, but there is

Solana (SOL) has seen a decline after reaching $30, but there is a possibility that the pullback could be halted at current levels.

Crypto Ponzi scheme co-founder Karl Greenwood has been sentenced

Crypto Ponzi scheme co-founder Karl Greenwood has been sentenced to 20 years in prison. However, Ruja Ignatova, also known as the “Cryptoqueen,” who is on the FBI’s Most Wanted list, is still at large.

Blackbird, a crypto restaurant app, has secured $24M in funding

Blackbird, a crypto restaurant app, has secured $24M in funding led by A16z. The app, targeted at restaurant users, incorporates blockchain technology with its “Flypaper” feature and fungible FLY tokens.