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.
Sotheby's is facing accusations of artificially raising Bored Ape NFT values. Investors are suing and demanding answers.
Bitcoin, the world's leading cryptocurrency, has achieved another milestone in its journey towards mainstream adoption. The U.S. Securities and Exchange Commission (SEC) has given the green light to the first leveraged Bitcoin futures exchange-traded fund (ETF), the Volatility Shares 2x Bitcoin Strategy ETF (BITX). Scheduled to launch on the Chicago Board Options (CBOE) BZX Exchange, this development opens up new opportunities for investors seeking exposure to Bitcoin.
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."