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FASB Confirms 'Fair Value' Approach for Corporate Crypto Holdings

The Financial Accounting Standards Board, a U.S. entity that details how companies should report assets on their balance sheet, published a standards update on Wednesday that will let corporations recognize “fair value” changes in crypto holdings. Source link

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LayerZero Confirms Airdrop Plans, Boosting Some Ecosystem Projects

As of Friday, LayerZero has not outright mentioned how it intends to reward users for using its network. However, popular strategies include merely interacting with LayerZero-based platforms by using their services, such as borrowing, trading or lending. Source link

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