Marvel Entertainment’s recent partnership with VeVe marks a significant milestone in the integration of NFTs with digital collectibles. This collaboration signals a shift in the way fans engage with Marvel comics, blending the worlds of digital and traditional collecting seamlessly. The introduction of Marvel NFT universe by VeVe transforms the concept of comic collecting by
digital assets
Coinbase, a prominent player in the cryptocurrency market, is facing potential regulatory challenges over its compliance with new Financial Accounting Standards Board (FASB) rules. These rules, which were approved in 2023 and are set to take effect in 2025, shift the accounting and disclosure for crypto assets to a fair-value model from a cost-less-impairment model.
In recent years, the world of digital collectibles has seen a massive surge in popularity, with Non-Fungible Tokens (NFTs) leading the way. These unique digital assets have not only captured the attention of artists and collectors but have also presented new investment opportunities. NFTs, unlike cryptocurrencies such as Bitcoin and Ethereum, represent ownership of exclusive
Stablecoins have been making waves in the financial world, with Token Terminal data indicating a massive surge in monthly transfer volumes. From a mere $100 billion in October 2020, the volume has skyrocketed to over $1.68 trillion in April, marking a significant 16-fold increase. The data also highlights the growing relevance of stablecoins in revolutionizing
The cryptocurrency industry experienced a significant milestone in May, with a total of $1 billion in investments reported. Ethereum emerged as the dominant player in these investments, showcasing its strong market presence. Despite facing money laundering accusations, Binance executives had tax evasion charges dropped by Nigerian authorities. This development sheds light on the complex legal
The trading volume of Tether (USDT) on the TRON network has set a new record, reaching a staggering $53 billion. This surpasses the average daily trading volume of payment giant Visa in the first quarter of 2024, which was reported at $42 billion. The comparison to Visa, a global leader in payment processing, underscores the
In a bold move, British multinational bank Standard Chartered is preparing to launch a trading desk for Bitcoin and Ether, marking its debut in spot cryptocurrency trading among global banks. This strategic step comes after engaging with various players in the digital asset sector and forming partnerships to meet the growing demand for crypto exposure.
In the realm of cryptocurrency, Bitcoin has long been viewed as a key player influencing market trends. Its movements often serve as a primary indicator for other digital assets, setting the tone for the overall market sentiment. However, recent data suggests a shift in this traditional narrative, particularly in the behavior of long-term holders of
Ripple, a prominent cryptocurrency company, is facing new legal challenges following a ruling by a US judge in California. The judge approved a lawsuit against Ripple, specifically targeting the company’s CEO, Brad Garlinghouse, for allegedly making misleading statements. The lawsuit alleges that Garlinghouse misled investors into investing in Ripple’s digital asset, XRP, based on comments
Recently, a federal judge in California expressed his inclination to allow the Securities and Exchange Commission’s (SEC) lawsuit against Kraken to move forward. The judge, William Orrick, indicated that he was leaning towards denying Kraken’s request for dismissal. This decision has cast doubt on the exchange’s efforts to have the case thrown out. According to