Blockchain Press Releases
Signed Sports Memorabilia Market – A 2023 Gamechanger in a $38 Billion Industry, Autographed Memo. to Penetrate 80% of Primary Market by 2033: Market Decipher
![signed-sports-memorabilia-market-–-a-2023-gamechanger-in-a-$38-billion-industry,-autographed-memo.-to-penetrate-80%-of-primary-market-by-2033:-market-decipher](https://theblockchainexaminer.com/wp-content/uploads/2023/08/48225-signed-sports-memorabilia-market-a-2023-gamechanger-in-a-38-billion-industry-autographed-memo-to-penetrate-80-of-primary-market-by-2033-market-decipher.jpg)
PUNE, India, Aug. 15, 2023 /PRNewswire/ — Sports Memorabilia Market and Signed Memorabilia Market – 2 New Research Reports by Market Decipher reveals revolution in the collectibles industry. Sports Memorabilia Market is no more as before. In 2023, a huge boom has been witnessed in authentication of memorabilia in sports collectibles industry.
“Sports memorabilia industry along with trading cards is expected to reach $227.2 billion by 2032, growing at a CAGR of 21.8 during the forecast period of 2022-2032.”
“80% of Signed Memorabilia will be Authenticated by 2033 in the primary market. Getting into this is a must for forward looking collectible companies.”
“Top Leading companies hugely focussing on authentication and grading of memorabilia. Companies such as eBay, Fanatics, and many more are launching authentication services or partnering with grading companies along with launch of dedicated web portals for signed memorabilia. By 2028, 80% of the primary market will go authenticated by one or the other method. Companies and sellers lacking grading methods or similar associations will be hugely impacted. Third party ecommerce portals may suffer loss due to lack of memorabilia focussed business which limits it to peer to peer non authenticated re-sale which shall decline with time and shift to specialized collectibles market portals.“
Chandradeep Singh (Lead Analyst)
Signed Collectibles Market: https://www.marketdecipher.com/report/autograph-collectibles-market
Collectibles Authentication Service Market: https://www.marketdecipher.com/report/collectibles-authentiaction-and-grading-service-market
Prices for sports memorabilia have risen dramatically in recent years as a result of a variety of factors, including the growing affluence of baby boomers and the importance of millennials in the market. Massive markets for sports trading cards are emerging in the Asia Pacific and the Middle East as a result of increasing urbanization and growth in developing countries.
“The report includes data and insights on sports memorabilia, trading cards, university memorabilia, and signed memorabilia.”
Get research insights in detail: https://www.marketdecipher.com/report/sports-collectibles-market
Autograph collectibles market is defined as all collectibles that are signed and necessarily does not only mean autographs. It can be any physical item that has been signed by a renowned personality related to that item – sports person, political personality, media celebrity, etc.
“eBay has a huge customer and reseller base for autographed collectibles who are involved in peer-to-peer trading.”
Currently, most of such transactions are unauthenticated. However, understanding the growing demand for authentication and grading the company is involving in authentication. Gradually, the secondary collectibles market will be hugely authenticated and the industry will have a completely new face within next 5 years.
Signed Collectibles Research: https://www.marketdecipher.com/report/autograph-collectibles-market
Authenticated Sports Trading Cards Market
Trading Cards Market has completely changed with emergence and awareness regarding authentication of cars. Recent Happenings below suggest a much more impactful response in the domain.
- Sports Authenticator (PSA) announces collectors who buy trading cards on Whatnot can now have their items authenticated and graded by PSA with just a few taps.
- eBay has unveiled the extension of its Authenticity Guarantee service for trading cards in Canada. This includes authentication for collectible card games, sports, and non-sports cards priced at $250+ in Canada.
- With this enhancement, eBay’s Canadian Authenticity Guarantee service now caters to both sneaker and trading card enthusiasts.
- In July, CCG will combine CGC Trading Cards® and Certified Sports Guaranty® (CSG®) into CGC Cards™, solidifying its position as one of the world’s largest and most prominent card grading services.
“The Report includes authenticated cards market data and forecast as 2023 addition.”
Collectibles Authentication and Grading Services Market
The authentication procedure validates the authenticity of a specific card. The grading process encompasses a comprehensive examination of a collectible card to identify any flaws such as staining or damage. Additionally, it involves verifying the manufacturer’s distinct markings to establish the card’s legitimacy rather than a replica.
- Rewind Grading Company, the California-based leader in collectible media grading and authentication announced today the debut of graded music.
- Steve Aoki Partners With Collector Archive Services (CAS) To Launch Audio Media Grading
- Steve Aoki Partners With Collector Archive Services (CAS) To Launch Audio Media Grading
- In July, CCG will combine CGC Trading Cards® and Certified Sports Guaranty® (CSG®) into CGC Cards™, solidifying its position as one of the world’s largest and most prominent card grading services.
- Algrthm Venture Studio announced the availability of Real Goods (www.realgoods.ai) the world’s first artificial intelligence (AI) powered authentication and grading application for cell phones that certifies the authenticity and condition of luxury goods and collectibles without any human inspection.
- Goldin Launches Industry’s Only One-Stop-Shop Marketplace for Cards & Collectibles With PSA.
Collectibles Authentication Market: https://www.marketdecipher.com/report/collectibles-authentiaction-and-grading-service-market
Parallelly Growing Market:
To get report on signed memorabilia market, grading services market, sports memo. or trading cards industry, write your requirements while submitting query on our website here: https://www.marketdecipher.com/report/autograph-collectibles-market
About Market Decipher
Market Decipher is a market research and consultancy wing of Decipher Market Insights, involved in provision of market reports to organisations of varied sizes; small, large and medium. At Market Decipher, we concentrate on articulating relevant business policies conditional to the specific market domain for a sustainable growth. The services provided by us include syndicated research and custom research.
For more information, please visit: https://www.marketdecipher.com/.
Follow us on:
https://www.linkedin.com/company/market-decipher/
https://www.facebook.com/marketdecipher1
Contact:
David Correa
Decipher Market Insights Pvt. Ltd.
Zen Business Center,
Wakad,
Mumbai- Bangalore Highway,
Pune – 411057, Maharashtra
Email: [email protected]
Website: www.marketdecipher.com
Logo: https://mma.prnewswire.com/media/1854377/Market_Decipher_Logo.jpg
Blockchain
Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them
![ethereum-etfs-aren’t-blockchain-but-is-a-revolutionary-tech:-top-6-amazing-reasons-to-invest-in-them](https://theblockchainexaminer.com/wp-content/uploads/2024/07/51834-ethereum-etfs-arent-blockchain-but-is-a-revolutionary-tech-top-6-amazing-reasons-to-invest-in-them.png)
The financial landscape is rapidly evolving, with the integration of blockchain technology and cryptocurrencies becoming more prominent. Among these, Ethereum ETFs (Exchange-Traded Funds) have emerged as a significant investment vehicle, offering exposure to the Ethereum blockchain’s native cryptocurrency, Ether (ETH), without requiring direct ownership. However, it’s crucial to understand that Ethereum ETFs are distinct from the blockchain itself and serve different purposes in the investment world.
Understanding Ethereum and ETFs
Ethereum: A decentralized platform that enables the creation and execution of smart contracts and decentralized applications (dApps). It operates using its cryptocurrency, Ether (ETH), which fuels the network.
ETF (Exchange-Traded Fund): A type of investment fund that holds a collection of assets and is traded on stock exchanges. ETFs can include various asset classes, such as stocks, commodities, or bonds.
Ethereum ETFs: The Intersection of Traditional Finance and Cryptocurrency
An Ethereum ETF provides a way for investors to gain exposure to the price movements of Ether without directly purchasing the cryptocurrency. This is achieved through an ETF structure, where the fund holds assets linked to the value of Ether, and investors can buy shares of the ETF on traditional stock exchanges.
Key Features of Ethereum ETFs:
- Indirect Exposure: Investors gain exposure to Ether’s price changes without needing to manage or store the cryptocurrency themselves.
- Regulatory Compliance: Unlike the relatively unregulated cryptocurrency market, ETFs operate under the oversight of financial regulators, offering a layer of investor protection.
- Accessibility: Ethereum ETFs are available through traditional brokerage platforms, making them accessible to a broader range of investors.
Why Invest in an Ethereum ETF?
- Diversification: Including an Ethereum ETF in a portfolio can provide exposure to the cryptocurrency market, potentially enhancing diversification beyond traditional assets.
- Convenience and Familiarity: ETFs are a familiar investment product, simplifying the process of investing in cryptocurrencies.
- Professional Management: ETF managers handle the investment decisions, including the buying and selling of assets, which can be advantageous for those less familiar with the cryptocurrency space.
- Regulatory Oversight: ETFs are subject to regulatory scrutiny, potentially offering more safety and transparency compared to direct cryptocurrency investments.
- Potential for Growth: As the cryptocurrency market grows, ETFs linked to assets like Ether may benefit from rising prices.
Key Differences Between Ethereum and Ethereum ETFs
While both are related to the Ethereum blockchain, Ethereum itself and Ethereum ETFs represent different forms of investment:
- Ethereum (ETH):
- Direct ownership of the cryptocurrency.
- Full exposure to Ethereum’s features, including staking and network participation.
- Traded on cryptocurrency exchanges.
- Highly volatile and largely unregulated.
- Ethereum ETF:
- Indirect exposure through shares representing Ether’s value.
- Traded on traditional stock exchanges under regulatory oversight.
- Offers a more stable and familiar investment structure.
- Typically lower volatility compared to direct cryptocurrency ownership.
Future Considerations for Ethereum ETFs
The approval and launch of Ethereum ETFs mark a significant milestone in bringing cryptocurrencies closer to mainstream finance. They offer a convenient and regulated means for investors to gain exposure to the growing digital assets market. However, they also come with limitations, such as not allowing direct participation in the Ethereum ecosystem’s innovations, like dApps and smart contracts.
As the market evolves, we may see more sophisticated financial products that better capture the full potential of the Ethereum ecosystem. For now, Ethereum ETFs provide a balanced option for those interested in cryptocurrency exposure within the framework of traditional finance.
In conclusion, while Ethereum ETFs offer a gateway into the world of digital assets, they should be viewed as complementary to, rather than a replacement for, direct investment in the underlying blockchain technologies. Investors should carefully consider their investment goals, risk tolerance, and the unique attributes of both Ethereum and Ethereum ETFs when making investment decisions.
Source: blockchainmagazine.net
The post Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them appeared first on HIPTHER Alerts.
Blockchain
Nexo Reaffirms Commitment to Data Protection with SOC 3 and SOC 2 Compliance
![nexo-reaffirms-commitment-to-data-protection-with-soc-3-and-soc-2-compliance](https://theblockchainexaminer.com/wp-content/uploads/2024/07/51836-nexo-reaffirms-commitment-to-data-protection-with-soc-3-and-soc-2-compliance.png)
Nexo, a leading institution in the digital assets industry, has reinforced its commitment to data security by renewing its SOC 2 Type 2 audit and attaining a new SOC 3 Type 2 assessment without any exceptions. This rigorous audit process, conducted by A-LIGN, a respected independent auditor specializing in security compliance, confirms Nexo’s adherence to stringent Trust Service Criteria for Security and Confidentiality.
Key Achievements and Certifications
- SOC 2 and SOC 3 Compliance:
- SOC 2 Type 2: This audit evaluates and reports on the effectiveness of an organization’s controls over data security, particularly focusing on the confidentiality, integrity, and availability of systems and data.
- SOC 3 Type 2: This public-facing report provides a summary of SOC 2 findings, offering assurance to customers and stakeholders about the robustness of Nexo’s data security practices.
- Additional Trust Service Criteria:
- Nexo expanded the scope of these audits to include Confidentiality, showcasing a deep commitment to protecting user data.
- Security Certifications:
- The company also adheres to the CCSS Level 3 Cryptocurrency Security Standard, and holds ISO 27001, ISO 27017, and ISO 27018 certifications, awarded by RINA. These certifications are benchmarks for security management and data privacy.
- CSA STAR Level 1 Certification:
- This certification demonstrates Nexo’s adherence to best practices in cloud security, further solidifying its position as a trusted partner in the digital assets sector.
Impact on Customers and Industry Standards
Nexo’s rigorous approach to data protection and compliance sets a high standard in the digital assets industry. By achieving these certifications, Nexo provides its over 7 million users across more than 200 jurisdictions with confidence in the security of their data. These achievements not only emphasize the company’s dedication to maintaining top-tier security standards but also highlight its proactive stance in fostering trust and transparency in digital asset management.
Nexo’s Broader Mission
As a premier institution for digital assets, Nexo offers a comprehensive suite of services, including advanced trading solutions, liquidity aggregation, and tax-efficient credit lines backed by digital assets. Since its inception, the company has processed over $130 billion, showcasing its significant impact and reliability in the global market.
In summary, Nexo’s successful completion of SOC 2 and SOC 3 audits, along with its comprehensive suite of certifications, underscores its commitment to the highest standards of data security and operational integrity. This dedication positions Nexo as a leader in the digital assets space, offering unparalleled security and peace of mind to its users.
Source: blockchainreporter.net
The post Nexo Reaffirms Commitment to Data Protection with SOC 3 and SOC 2 Compliance appeared first on HIPTHER Alerts.
Blockchain
Marshall Becomes First US Senator to Walk from Controversial Crypto Bill He Co-Sponsored
![marshall-becomes-first-us-senator-to-walk-from-controversial-crypto-bill-he-co-sponsored](https://theblockchainexaminer.com/wp-content/uploads/2024/07/51838-marshall-becomes-first-us-senator-to-walk-from-controversial-crypto-bill-he-co-sponsored.png)
Republican Senator Roger Marshall has withdrawn his support for the Digital Asset Anti-Money Laundering Act of 2023, a controversial bill he initially co-sponsored with Senator Elizabeth Warren and others. This bill, reintroduced in the Senate on July 27, 2023, aimed to bring the cryptocurrency industry into alignment with existing anti-money laundering (AML) and counter-terrorism financing (CTF) laws.
Key Provisions of the Bill
The legislation proposed stringent regulations on digital asset providers, including unhosted wallet providers, miners, and validators, by classifying them as financial institutions under the Bank Secrecy Act (BSA). It mandated these entities to adhere to BSA compliance requirements, which include extensive reporting and monitoring responsibilities. Additionally, the bill called for the Financial Crimes Enforcement Network (FinCEN) to establish regulations for reporting significant foreign digital asset holdings and to create compliance measures to address risks associated with anonymity-enhancing technologies.
Senator Marshall’s Shift
Marshall’s withdrawal from the bill comes as a surprise, particularly given his earlier criticisms of cryptocurrencies, which he has described as a “threat to national security.” This includes concerns over stablecoins like Tether potentially facilitating illegal activities and circumventing U.S. sanctions. Despite his earlier stance, Marshall’s departure from the legislation suggests a reconsideration of the bill’s implications or an alignment with broader political and industry perspectives on cryptocurrency regulation. His office has not provided a comment on the reasons for his withdrawal.
Political and Industry Reactions
The bill had garnered significant bipartisan support, with 18 co-sponsors, reflecting a broader concern in Congress over regulating the rapidly growing cryptocurrency market. However, it has also faced criticism for potentially imposing impractical compliance burdens that could stifle innovation and push crypto activities offshore. Critics argue that the bill’s stringent requirements could inadvertently drive users toward unregulated platforms, thereby undermining its intent to enhance security and regulatory oversight.
Broader Context
The withdrawal comes at a time when cryptocurrency regulation is a highly contentious issue in U.S. politics. Former President Donald Trump has promised to relax crypto regulations if elected, contrasting with the current administration’s more stringent stance. Under President Joe Biden, the Securities and Exchange Commission (SEC) and other regulatory bodies, led by figures like Gary Gensler, have taken a more rigorous approach to regulating the sector, which has drawn criticism for being overly restrictive.
Senator Marshall’s decision to step back from the Digital Asset Anti-Money Laundering Act reflects the complex and evolving nature of cryptocurrency regulation in the U.S. While the bill seeks to bring greater oversight and security to the crypto industry, it also raises concerns about regulatory overreach and its potential negative impact on innovation and privacy. As the debate continues, the U.S. legislative and regulatory landscape for cryptocurrencies remains in flux, balancing the need for security with the desire to foster technological innovation.
Source: decrypt.co
The post Marshall Becomes First US Senator to Walk from Controversial Crypto Bill He Co-Sponsored appeared first on HIPTHER Alerts.
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