The Financial Accounting Standards Board (FASB) has released a proposed rule seeking to treat stablecoins as “cash equivalents.” The proposal is open …
Cash
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Anchorage Digital CEO Nathan McCauley has stated that artificial intelligence (AI) agents are poised to become independent economic actors, capable of executing …
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DeFi
BTCS used Ethereum to repay Aave debt and ended Q2 with just $317,000 in cash
by shayaanby shayaanNasdaq-listed Ethereum infrastructure company BTCS swapped $ETH into $USDT to pay down Aave loans in the second quarter and ended June 30 …
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Finance
Down 50% on crypto and burning $8 million in cash, this Nasdaq firm just pivoted to event robots to survive
by shayaanby shayaanAIxCrypto Holdings, a Nasdaq-listed company shifting from a digital-asset treasury toward robot rentals, plans an orderly exit from its crypto holdings after …
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Regulation
You Bought USDC Outside Europe. Can You Still Cash It Out Through an EU Issuer?
by shayaanby shayaanIf you hold $USDC, you probably never think about where it was minted. A token bought in Lagos works the same as …
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DeFi
Monad, an Ethereum rival, offered early investors up to $60 million to cash out. Almost all said no
by shayaanby shayaanInvestors were allocated about 19.7 billion $MON, nearly 20% of the original supply. Those tokens were locked when Monad’s public network launched …
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Markets
Saylor says share buyback isn’t priority as Strategy builds $4.8 billion cash reserve
by shayaanby shayaanStrategy is prioritizing STRC, cash reserves, and its credit business over stock buybacks, Executive Chairman Michael Saylor said Monday. www.coindesk.com
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Bitcoin Cash has plenty going on under the hood, but the BCH price is not exactly impressed. Over the past few days, …
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Markets
Strategy Boosts Cash Reserve As Bitcoin Treasury Model Gets More Complex
by shayaanby shayaanStrategy has added $650 million to its USD reserve and repurchased $109 million of STRC preferred stock, showing again that the company’s …
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Mining
Bitcoin miner Bitdeer unlocks a $1B cash tap that dilutes shareholders by up to 30% to build its AI empire
by shayaanby shayaanBitdeer’s existing at-the-money program could raise up to $1 billion through Class A share sales, about twice the roughly $500 million the …