Today, Binance released the data collected via a survey to understand the primary uses of crypto among its users. The top reason reported was to earn additional income alongside their primary occupation, with over three-quarters believing it reduces income inequality. The survey, which engaged over 1,000 participants, revealed that 45% of users primarily use crypto The post Binance survey reveals 76% of users believe crypto efficient in reducing income inequality appeared first on CryptoSlate.

The Securities and Exchange Commission’s (SEC) new disclosure requirements for how the public discloses material cybersecurity incidents go into effect later this month following the conclusion of the comment period. Given the transparent and timely manner in which exploits are often reported and handled within the crypto space, the new requirements may offer public crypto The post Public crypto companies get chance to shine as cybersecurity incidents to be reported within days under SEC rules appeared first on CryptoSlate.

Coinbase recently announced its decision to add Bonk (BONK), a Solana network token, to its list of tradable assets, a move that adds a new memecoin to its platform amidst its involvement in institutional activities like the anticipated Bitcoin ETF custody with BlackRock. Coinbase adds Solana-based dog token to tradeable assets. Coinbase’s inclusion of BONK The post Coinbase continues to list new memecoins ahead of institutional Bitcoin ETF custody milestone appeared first on CryptoSlate.

The Financial Accounting Standards Board (FASB) has officially adopted new accounting rules for Bitcoin, marking a significant shift in the financial landscape for corporations. This change, effective for fiscal years beginning after Dec. 15, 2024, introduces fair value accounting for Bitcoin, aligning its treatment with other financial assets. The recent announcement by the FASB to The post New FASB rules pave the way for Bitcoin on corporate balance sheets at ‘fair value’ appeared first on CryptoSlate.

Bitwise Investments, currently awaiting a decision on its spot Bitcoin ETF filing with the SEC, has followed VanEck in releasing a set of bold predictions for the crypto market in 2024. Bitcoin‘s new all-time high above $80,000 is the first of Bitwise’s predictions. The report attributes this potential surge to two major catalysts: the expected The post Bitwise predicts $80k BTC in 2024 as ETF launch will be most successful in history appeared first on CryptoSlate.