An asset is any kind of economic resource that can be owned or controlled to produce value. A company’s assets are often recorded on a balance sheet, where the monetary value of an asset is set by an accountant. Assets are widely classified into two major groups – tangible and intangible assets. Tangible assets include vehicles, equipment, real estate, currencies and others. Intangible assets are patents, franchises, trade names, etc. The general interpretation also defines digital assets, software and other computer-based assets as intangible. Some blockchain-based digital assets are called smart assets – cryptocurrency tokens that represent the ownership of some real-world, tangible or intangible asset and are exchanged under the rules of the smart contracts of blockchain it’s based on. Blockchain assets are getting more attention because of their protection from being changed after being recorded in the network.
Coinbase announces ‘nearly the entire company will shut down’ for four weeklong breaks in 2022 to allow workers to recharge
In the last two weeks, DFI price bounced off its swing low and a number of data points suggest the project’s fundamentals will continue to improve.
3 reasons why DeFiChain (DFI) price has gained 60% in December
The Bitcoin assets under management (AUM) market fell 9.5% to $48.7 billion in November while altcoin-based crypto funds such as Ether saw their AUM rise 5.4% t...
Bitcoin AUM falls 9.5% to record largest monthly pullback since July
Investors are worried they may not be able to recoup their funds from ACX, now that parent company Blockchain Global has entered voluntary administration.
ACX's parent company Blockchain Global collapses owing $15M
Inflows to Solana-based investment products saw a whopping 388% increase last week, with institutional investors gaining exposure to $13.2 million worth of SOL ...
Institutional exposure to altcoin products retests all-time high
A new DeFi platform focused on synthetic assets says existing projects have critical flaws that need to be addressed — including low liquidity and poor usabilit...
New DeFi platform to tackle critical flaws in synthetic asset protocols
Seung-beom Koh said that fintech experts across the globe “find it difficult to see virtual currencies as a financial asset.”
Korean FSC chair nominee doesn’t think crypto is a financial asset
Solana represented one-third of total inflows to institutional crypto investment products this past week.
Institutional investors bet big on Solana, while BTC outflows persist