Looking at all the cryptocurrency in tracking sites like Coinmarketcap.com may leave most beginners confused at the number of tokens being offered to the public. Layer-1, layer-2, metaverse, DeFi, gaming, liquid staking, real world assets, memes and the like are like the toys in a large toy shop. Each has …
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In early September 2023, the US Financial Accounting Standards Board (FASB) finally approved the commonly accepted accounting practice of mark to market accounting to apply to corporations and businesses holding crypto digital assets. Previously, companies like Microstrategy and Tesla needed to file crypto digital assets as intangible assets like goodwill and …
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If you ask people if they think that companies that have been around for many decades (even more than a hundred years) versus a startup would have a better chance of making it through hard economic times like a recession, most people would say the older company has the edge. …
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Recently, Larry Fink, the CEO of BlackRock asset management fund, talked about crypto in an interview on CNBC. He said that crypto “has a differentiating value versus other asset classes, but more importantly, because it’s so international, it’s going to transcend any one currency.” BlackRock is now the world’s largest …
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Chances are, in the past, you took up parabolas, exponents, logarithms and the power law in your math subjects in school. During that time, you probably thought it was just something you needed to pass, not really something you would have a practical use for in the future. Another topic …
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The US Government is putting the squeeze on crypto. Recently they shut down two banks that were friendly to crypto and acting as bridges between trading exchanges and the real world. These were Silvergate and Signature Bank of NY. These closures follow some events that might appear coordinated to some …
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The crypto trade waits anxiously for the choice of Choose Analisa Torres of the Southern District Court docket of New York on the Securities and Change Fee (SEC) versus Ripple Company case. Ripple owns the favored XRP crypto token, which is at present nonetheless within the High 10 of Coinmarketcap.com, …
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All of us keep in mind what the 2008 subprime mortgage debacle was like. The scenario was so harmful and virtually introduced down the worldwide banking system that phrases like subprime mortgages, credit score default swaps and collateralized debt obligations — that are usually a part of funding banker’s jargon …
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