Flare launches gamified virtual fair to boost DeFi ecosystem

Flare, the layer-1 blockchain for non-smart contract decentralized finance, has introduced Flare Fair, a campaign initiative aimed at expanding its DeFi ecosystem. The official launch of Flare Fair comes as the broader market looks to regain momentum after a lackluster week. The native token of the Flare (FLR) network also saw an uptick following the […]

Fair Value Accounting for Bitcoin: FASB Rules Take Effect

As of today, the Financial Accounting Standards Board will put its fair value accounting rules on BTC and other eligible crypto assets into effect.  Under the new rules, companies will measure crypto assets at fair value and update them at each reporting period in their financial statements. This will help companies realize both profits and […]