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.
In response to a sharp drop in trading volumes that have hit a four-year low, crypto exchanges have launched promotions to bolster their revenue streams.
A death cross signals a possible enduring shift towards a bearish momentum, while a golden cross implies the contrary.
Bitcoin scams are those tactics that mostly raises crypto complaints against some practices, which convince people to invest in fake projects. These techniques are mostly used by scammers to make investors either invest in wrong crypto projects, or loose their investments entirely due to ignorance.
Cryptocurrency investment scam reports here and throughout this Spotlight are defined as reports categorized as investment related fraud that indicate cryptocurrency as the payment method.
That’s a 12-fold increase in cases and a 1,000% jump in cash amount compared to the same period a year prior. When it comes to Bitcoin fraud, the strengths of cryptocurrency are turned against the victims. “Bitcoin-related scams track with other criminal exploits online until you try to recover your assets,” said cybersecurity expert Adam Levin.
Nope, not ever). If you spot a cryptocurrency scam, report it immediately to the FTC at ftc.gov/complaint. For more information, check out What To Know About Cryptocurrency.
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