The world of ticketing is undergoing a revolutionary change with the introduction of NFTs. Sports Illustrated, a renowned sports media brand, has now ventured into the NFT space with its new platform, Box Office. Powered by Avalanche, a leading blockchain network, Box Office aims to redefine the way tickets are bought and sold, bringing about
Coinbase’s non-US exchange achieved a significant milestone on February 20th, surpassing $1 billion in daily trading volume. This accomplishment was highlighted by Coinbase International Exchange, which observed a 24-hour perpetual futures trading volume exceeding $1 billion in notional contract value. It marked the first time the non-US unit reached this impressive daily volume mark, signaling
The Hong Kong Monetary Authority (HKMA) recently introduced new regulatory standards for the sale and distribution of tokenized financial products by authorized institutions. These guidelines aim to promote innovation while maintaining strong consumer protection in the growing field of tokenization. With the use of distributed ledger technology, real-world assets (RWA) are represented digitally, leading to
Wall Street Memes, a popular cryptocurrency project, has recently implemented a new burn mechanism that is set to shake up its token dynamics. This move marks a significant shift from the original plan of a 10% buyback of Net Gaming Revenue. With 5% of the $WSM supply heading for the furnace, investors and token holders
Global asset management firm, Bernstein, recently expressed optimism regarding the approval of an Ethereum Spot ETF by the United States Securities and Exchange Commission (SEC). In a research report released on February 19, analysts Gautam Chhugani and Mahika Sapra highlighted Ethereum as a potential candidate for an ETF approval, following Bitcoin. Despite the uncertainty surrounding
Renowned crypto analyst Michaël van de Poppe has made a bullish prediction for Ethereum, suggesting that it could soar to $4,500. Van de Poppe believes Ethereum is soaking up Bitcoin’s upward momentum as investment capital shifts to ETH. According to the analyst, this is a “massive period to be rotating from Bitcoin towards Ethereum.” Van
Recently, the blockchain and art communities were abuzz with news of a groundbreaking sale that has shattered records in the NFT space. A complete set of 10 Autoglyphs was sold for an impressive 5,000 ETH, marking a milestone in the world of generative art. The Autoglyphs, created by Larva Labs in 2019, are considered the
Recently, Ethereum has surged beyond the $2,900 mark, showing a clear indication of independent price movement compared to Bitcoin. While Bitcoin has been on a sideways trajectory, Ethereum has gained almost 4% in the past 24 hours, reaching levels not seen since the beginning of May 2022. This surge has resulted in Ethereum investors enjoying
Recently, Rabby Wallet, a popular crypto wallet known for its support for 141 chains and multiple signing modes, faced a serious issue with a fake mobile app. The company behind Rabby Wallet announced the launch of the beta version of its mobile app, only for users to discover that the iOS version available on the
In a strategic move ahead of the upcoming general elections, the People Power Party (PPP) in South Korea has announced plans to push for a further two-year delay in the implementation of crypto taxation. The decision to explore the delay as a key campaign promise aligns with the government and legislative consensus to prioritize regulatory