The FASB's recent accounting rule revisions are poised to provide a more favorable outlook for companies holding digital assets, helping them mitigate the unfavorable optics generated by impairment losses, as stated in the report.
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Funding rates plummeted across multiple exchanges, signaling a significant markdown in bitcoin perpetual futures.
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Bitcoin prices took an abrupt nosedive on Thursday evening following news of massive sell-offs in the hundreds of millions, sparking a widespread downturn in both futures and spot markets.
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FAQs for Be Aware Of The Most Common Crypto Scams
Is cryptocurrency safe?
Kind of. If you buy from a trusted exchange and use a safe wallet, it is generally pretty safe. But because the value of cryptocurrency changes so...Read more
What is cryptocurrency?
Cryptocurrency is a digital currency designed to be more secure due to blockchain technology and unregulated by government authorities.Read more
How is cryptocurrency different from the U.S. dollar?
Cryptocurrency differs from the U.S. dollar in that crypto is: Unregulated by the government Constantly changing in market valueRead more
Can I recover scammed cryptocurrency?
There are a few avenues to recover scammed cryptocurrency. Those who lose crypto assets in a scam can report their case to the FTC. You could also...Read more
Can you get scammed if someone sends you crypto?
Yes. Someone sending you a crypto offer (especially if you don’t know them well) could send you to a site designed to phish your personal informati...Read more
What are crypto scams?
Crypto scams are fraudulent schemes that aim to deceive investors and steal their money or crypto. They can take many different forms, from fake IC...Read more
What are the biggest crypto scams?
There have been many notable crypto scams in recent years. Some of the most significant crypto scams include the Mt. Gox hack in 2014, which result...Read more
What are crypto romance scams?
Crypto romance scams are a type of scam where malicious actors use dating websites or social media platforms to build relationships with unsuspecti...Read more
What happens if you get crypto scammed?
If you fall victim to a crypto scam and lose your crypt, it can be difficult to recover your funds. Crypto transactions are usually irreversible, a...Read more
How can you tell if someone is a crypto scammer?
There are several warning signs that someone may be a crypto scammer. These include promises of guaranteed returns, a poor or non-existent whitepap...Read more
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