beginner In the world of finance and investment, understanding the true value of an asset, especially that of a company, is crucial. This value is often reflected in “book value”, which provides insight into the net value of a company’s assets, subtracting the liabilities. It offers a concrete, quantifiable metric that reflects the worth of a company according to its…
Cryptocurrency exchange Coinbase will begin buying back up to $150 million of its 2031 Senior Notes for 64.5 cents on the dollar, or a discount of 35.5%. According to the Aug. 7 announcement, the tender offer will last until Sept. 1, with an early premium of three cents on the dollar on top of the regular purchase price. The 2031…
Even crypto industry outsiders are gaining clarity on the benefits of blockchain technology, which is a significant step forward for the ecosystem. However, a challenge remains: The industry still struggles with interoperability between blockchain networks. Unless different chains can safely and efficiently communicate and exchange data, the full power of blockchain — including true decentralization, new use cases, lower costs…
A Bitcoin advocate based in Canada has “Zapped” 600 people a total of 300 Satoshis ($0.09 or 0.000003 BTC) each in a Bitcoin-inspired (BTC) social media experiment. To date, marketing executive Michael Degroot has doled out over $50 in Bitcoin to people around the globe. He has since been Zapped back more than 40 times, receiving more than $6. Doing…
Global cryptocurrency exchange Binance has reported being granted licensing to provide services to residents of El Salvador. In an Aug. 8 announcement, Binance said El Salvador’s Central Reserve Bank had approved the exchange’s application for a Bitcoin Services Provider license and the country’s National Commission of Digital Assets granted it a non-provisional Digital Assets Services Provider license. The regulatory approval…
Normally, the numerous reports published by the Financial Stability Board (FSB) don’t contain particularly bold suggestions. The international monitoring body, comprised of financial authority representatives from the 20 largest economies of the world (G-20), the FSB limits its scope to risk analysis, not bothering itself with a global vision for economic development. However, the latest set of crypto guidelines, crafted…
Get a free on-chain NFT certificate by taking our new course, Getting Started with AI and Music! Decrypt will cover the gas for the first 50,000 mints. Artificial intelligence (AI) has touched a host of different industries and art forms, and music is no exception. AI is already capable of creating endless songs for use as background or soundtrack music.…
Traders have been sitting on their hands lately with the Bitcoin (BTC) price being stuck between $29,000 and $30,000. This rangebound price action can’t continue forever, though. Bitcoin awaits breakout A recent report from Ark Invest entitled “Bitcoin – Breakout or Breakdown?” notes that “Bitcoin’s volatility dropped to a 6-year low during July, suggesting the potential for significant price action…
Today, El Salvador’s central bank and crypto regulator granted Binance a Bitcoin Services Provider License (BSP) and Digital Assets Services Provider license (DASP) The new licenses now let the exchange offer custodial services, process crypto payments, provide digital wallets, and operate a digital asset exchange platform in the country. Daniel Acosta, the firm’s general manager for Colombia, Central America, and…
After Backed Finance added Chainlink’s price feeds, the tokenization project is now launching its various tokenized products to a variety of networks. Backed is a DeFi project working in the tokenization and real-world asset sector. This means it’s attempting to onboard popular traditional assets, such as stocks and bonds, onto the blockchain. The networks included in this launch are BNB…
