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Latest from Nick Baker
FASB's Crypto Accounting Shakeup Could Lure More Corporate Investment, Michael Saylor and Others Argue
The U.S. accounting standards board yesterday unanimously voted in favor of "fair value" accounting for crypto assets held on corporate balance sheets.

Former FTX Executive Ryan Salame Will Plead Guilty to Charges: Bloomberg
Ryan Salame was co-CEO of FTX Digital Markets and handled political donations for the crypto exchange.

Why Wealth Managers Are Choosing These Crypto Accounts
Separately managed accounts have seen explosive growth in TradFi, and there are benefits in crypto, too.

DeFi and Credit Risk
This potentially disruptive sector must set aside some of its lofty ideals, for now, and focus on financial solutions with demonstrable global demand and adoption.

SEC Has 'No Grounds' to Reject Bitcoin ETF Conversion, Grayscale Says
The SEC was last week ordered to review its prior rejection of the conversion of the Grayscale Bitcoin Trust (GBTC), though not necessarily to approve it.

Coinbase Creates New Crypto Lending Service Geared Toward Large Investors
Coinbase (COIN) raised $57 million for the platform as of Sept. 1, according to an SEC filing.

Large Bitcoin Holders Accumulate $1.5B Worth of BTC as Price Wavers
The accumulation suggests optimism among large investors, IntoTheBlock’s head of research noted.

MakerDAO Should Use Solana’s Code to Build Its New Blockchain, Co-Founder Says
Some community members have already pushed back against the idea.

Bitcoin Slumps to $25.5K, With Price Now Probing August Low
A modestly softer-than-expected employment report Friday morning failed to provide a positive catalyst.

Grayscale’s SEC Victory May Render Alameda’s Redemptions Lawsuit Unnecessary, Bloomberg Analysts Say
The ruling could lead to Grayscale's GBTC converting into a bitcoin ETF, which would allow redemptions, making Alameda's suit unnecessary, Bloomberg Intelligence analysts said in a note on Wednesday.
