Delve into how PayPal's recent patent application is pioneering a revolutionary NFT purchase and transfer system, shaping a promising horizon for digital asset transactions.
Nike, a renowned sports brand, and Fortnite, a popular gaming platform, are exploring the potential integration of non-fungible tokens (NFTs) within the game. This collaboration aims to bridge the gap between fashion, gaming, and blockchain technology, fostering further adoption of Web3.
In a recent auction held by Sotheby's, digital collectibles owned by Three Arrows Capital (3AC) were sold for a total of $10.9 million. This event sheds light on the bankruptcy case involving 3AC and showcases the value of non-fungible tokens (NFTs) in the art market.
BlackRock, the world's largest asset manager, has recently filed an application with the United States Securities and Exchange Commission (SEC) to register a spot Bitcoin exchange-traded fund (ETF). With $9.5 trillion in assets under management as of the first quarter of 2023, BlackRock's move has significant implications for the cryptocurrency market and institutional adoption of digital assets.
In a dynamic development that has captivated the financial and political spheres, Congressman Warren Davidson has introduced the SEC Stabilization Act, a bill that calls for the dismissal of SEC Chair Gary Gensler.
In recent developments, credit ratings agency Moody's has downgraded its rating of Coinbase, a prominent cryptocurrency exchange, from "stable" to "negative."
In the realm of financial regulation, a profound philosophical question lingers: who regulates the regulators? This query strikes at the core of our society's governance and raises concerns about the existence of unbiased checks and balances of power.