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SEC Staff Accounting Bulletin for Cryptocurrency Exchanges and Custodians

April 2, 2022

The Securities and Exchange Commission (SEC) issued a staff accounting bulletin informing exchanges to book cryptocurrencies on their balance sheets as their own liabilities and …

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Blockchain.com Announces Series D Funding at $14B Valuation

April 2, 2022

Blockchain . com is a popular cryptocurrency exchange that recently announced its Series D funding round at a $14,000,000,000 valuation. Lightspeed Venture Partners led the …

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Hacker Steals $615 Million From Axie Infinity

April 2, 2022

A hacker stole more than $615 million in Ether and USDC from Axie Infinity’s blockchain-based video game. According to CNN, “Axie Infinity is a successful …

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Congressional Hearing: “Understanding the Role of Digital Assets in Illicit Finance”

March 25, 2022

Chainalysis is a data analysis company that uses block explorers to observe patterns and gather insights about cryptocurrency users based on their on-chain transaction behavior. …

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Senator Warren Drafts Bill To Regulate “Digital Asset Transaction Facilitators”

March 25, 2022

Senator Elizabeth Warren proposed a bill that would subject cryptocurrency institutions and users to additional oversight. The bill defines a “digital asset transaction facilitator” as “any …

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