BlockFin

NFT Market in 2024: A Year of Restructuring and Strategic Transition

The year 2024 marked a major turning point for the Non-Fungible Token (NFT) market. Amid a broad contraction, projects and platforms began undergoing strategic realignment, shifting their focus toward sustainable growth and real-world utility. According to DappRadar, NFT trading volume in 2024 dropped to approximately $13.7 billion, a 19% decline

March 3, 2025 3 mins read

U.S. FASB’s Crypto Accounting Standards Set To Take Effect—Industry Gears up for Fair Value Reporting

The new crypto accounting standards introduced by the U.S. Financial Accounting Standards Board (FASB) are set to take effect later this month. Accounting Standards Update (ASU) 2023-08, issued in December 2023, will apply to fiscal years beginning after December 15, 2024. Under the new rules, U.S. companies holding eligible crypto

November 30, 2024 3 mins read