Art collecting is generally the preserve of the wealthy, as only a select few are able to purchase million-dollar paintings. But nonfungible tokens, called NFTs, are enabling much broader art ownership, which is good news for the blockchain, for art, and for art lovers.
For the rich, art tends to be an investment. Deloitte reports 8% annual returns since the turn of the millennium. These returns also have minimal correlation to other asset c...
Even though the FTX trial has just gotten underway, the Department of Justice has already sent a strong message to the global crypto market; lack of crypto-specific standards and laws for every situation is not an excuse. Specifically, the DOJ rebutted an argument put forward by Samuel Bankman-Fried’s legal team. In this argument the position was taken that because 1) FTX was not regulated in the United States, and 2) that all applicable rule...
The potential of a bitcoin spot ETF hitting the market has been the news that many investors, both individual and institutional are waiting for, but how exactly does that process work?
When news broke that Blackrock had filed an application for the creation of a spot bitcoin ETF with the SEC the crypto market took this, correctly, as an almost universally good thing. Although some might decry the inroads being made by TradFi institutions into...
