Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
It’s Christmas Day, and as the festivities settle into a cozy rhythm and my children begin heckling me to open presents, my father-in-law asks if I know the history of Santa Claus and Coca-Cola.
I nodded, recalling the tale of how the jolly, red-suited Santa became synonymous with the modern notion of Christmas, thanks in large part to Coca-Cola's marketing.
The U.S. Securities and Exchange Commission is likely to look a lot different than years past after the resignation of Chair Gary Gensler and a new boss rolls in.
Vivek Ramaswamy, who co-leads the US government efficiency department with Musk, confirmed that his X account was hacked and false news about cooperation with USUAL was previously released.
blockchain detective ZachXBT wrote: "Recently, there have been many account leak incidents on X platform. I suspect that these accounts did not use secure keys or identity verification programs for 2FA."
a spokesperson for the South Korean Constitutional Court stated that the court will hold its first hearing on the impeachment case of Yoon Seok-yeol on December 27th. (Jinshi)
On December 16th, according to The Bitcoin Historian, an editor at Bitcoin Magazine, the fair value accounting standards for Bitcoin by the Financial Accounting Standards Board (FASB) officially took effect. Previously, companies could only measure their held Bitcoin assets by historical cost and could not reflect their market value growth. The new standard allows companies to use fair value measurement methods to more accurately reflect the actual value of their Bitcoin assets, which will reduce accounting barriers for companies to include Bitcoin on their balance sheets. MicroStrategy founder Michael Saylor previously stated that FASB has officially passed fair value accounting rules for Bitcoin, which will apply to fiscal years beginning after December 15, 2024. This improvement will encourage companies to adopt Bitcoin as a reserve asset.
On December 13th, Musk tweeted, "Gary Gensler, how could you do this to me?" along with a screenshot of an email from Musk's lawyer to Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC). The email, sent by Quinn Emanuel law firm on behalf of Musk, strongly criticized the SEC's improper investigation of Musk and his affiliated companies. SEC commissioners have issued a final ultimatum to Musk to accept a settlement within 48 hours, or face multiple charges, claiming that this action was taken based on instructions from superiors. At the same time, the letter mentioned that the SEC has reopened its investigation into Neuralink, a company owned by Musk, indicating that the SEC's actions have gone beyond seeking the truth and instead are targeted behavior based on improper motives.
All Comments