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Former OpenSea Staff Asks Court to Withdraw Insider Trading Charges

Former OpenSea Staff Asks Court to Withdraw Insider Trading Charges

Following the indictment of Nathaniel Chastain, a former Head of Product at the NFT marketplace OpenSea, a new petition has now been filed by his lawyers, requesting the court to dismiss the case as it lacks merit.

OpenSea Acquires Crypto Wallet Dharma Labs for Undisclosed Amount

OpenSea Acquires Crypto Wallet Dharma Labs for Undisclosed Amount

OpenSea, a leading marketplace for non-fungible tokens (NFTs), announced that it had bought cryptocurrencies digital wallet Dharma Labs for an undisclosed amount.

Bitcoin Miner Integrated Ventures Sees Decline in Annual Revenue Despite Higher BTC Production

Bitcoin Miner Integrated Ventures Sees Decline in Annual Revenue Despite Higher BTC Production

Integrated Ventures Inc. reported a yearly mining revenue of $3,862,849, despite an increase in Bitcoin production to 162.71 BTC in 2023 from 108.29 BTC in 2022. The dip in revenue is attributed to the declining cryptocurrency market with the average dollar value of mined Bitcoin dropping significantly.

US Investment Giant Charles Schwab Not Interested in Direct Trade of Crypto

US Investment Giant Charles Schwab Not Interested in Direct Trade of Crypto

Charles Schwab the US-based brokerage giant, which manages over $3.2 trillion in assets, are dismissing cryptocurrencies for the time being. This decision comes in spite of their competitors ‘Fidelity’ rushing to embrace this new market.

Philippines Central Bank to Suspend Issuing Licenses to New Virtual Asset Service Firms

Philippines Central Bank to Suspend Issuing Licenses to New Virtual Asset Service Firms

The central bank said it will stop processing licenses for new virtual asset services providers (VASP) for three years.

US Senate Introduces DEFIANCE Act to Combat AI-Generated Nonconsensual Deepfakes

US Senate Introduces DEFIANCE Act to Combat AI-Generated Nonconsensual Deepfakes

The US Senate has proposed the DEFIANCE Act in response to the increasing spread of AI-created, nonconsensual explicit imagery, exemplified by recent deepfake incidents involving Taylor Swift. This bill aims to provide legal recourse for victims and criminalize the production and distribution of such content.

HashKey Launches Wealth Management Platform for Institutional Investors

HashKey Launches Wealth Management Platform for Institutional Investors

HashKey Group has launched a wealth management platform for professional and institutional investors in response to growing demand for virtual assets. The Hong Kong-based digital asset firm is expanding its over-the-counter trading service and increasing its liquidity coverage to 24/7.

Hedera Hashgraph’s Launches New Consensus Service Which Could Be Leveraged by IBM’s Hyperledger Fabric

Hedera Hashgraph’s Launches New Consensus Service Which Could Be Leveraged by IBM’s Hyperledger Fabric

Hedera Hashgraph released its Hedera consensus service (HCS), which can be used by external centralized applications, including IBM’s Hyperledger Fabric. Hedera Hashgraph’s governance board includes Boeing, Deutsche Telekom, IBM, Nomura, and recently, Google.

NFT Market Sees Upward Trend with Steady Increase in Weekly Ethereum Volumes

NFT Market Sees Upward Trend with Steady Increase in Weekly Ethereum Volumes

The NFT market has seen a significant recovery, with weekly Ethereum volumes increasing from 29,704 ETH to 68,342 ETH, with marketplaces like Blur and BAYC experiencing high trade activity.

Ethereum 2.0 Continues to Gain Steam, Staked ETH Tops 10 Million

Ethereum 2.0 Continues to Gain Steam, Staked ETH Tops 10 Million

The transition to Ethereum 2.0, which was renamed the consensus layer, continues to gain momentum because the amount of staked Ether is nearly 10% of the entire ETH supply.

OpenSea Freezes Stolen Bored Apes, Sees Backlash for Lack of Decentralization

OpenSea Freezes Stolen Bored Apes, Sees Backlash for Lack of Decentralization

Following an apparent phishing attack, OpenSea has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) owned by New York-based art curator and NFT collector Todd Kramer.

Vitalik Buterin's Insightful Financial Advice for a Prudent Portfolio

Vitalik Buterin's Insightful Financial Advice for a Prudent Portfolio

Ethereum co-founder Vitalik Buterin advises on prudent financial strategies, emphasizing diversification, savings for financial safety, a conservative portfolio, and caution against over-leveraging, blending traditional and modern investment insights.

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