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Artists support OpenSea as NFTs face renewed SEC scrutiny

Non-fungible token marketplace OpenCy could face an SEC lawsuit. The crypto industry says this is another example of a regulator’s unfair crackdown, while regulators focus on risks to consumers. For a musician, the problem is his livelihood. “That’s why we fightin’/Want to get it in writing/So we applaud the war he instigates.” That’s an excerpt … Read more

DAO Roundup: Wrapped Bitcoin Bailout, MakerDAO Rebrand Fallout, and SafeDAO Income

Threshold muscled up trying to get wBTC. GnosisDAO is not a fan of censorable DAI.SafeDAO is generating $2.5 million in revenue. After a quiet summer, governance activity on DAOs has begun to accelerate. DAOs, or Decentralized Autonomous Organizations, are digital collectives that manage crypto projects. These digital communities are collectively governed $22 billion 2,400 in … Read more

Elon Musk sued that he and Tesla manipulated the price of Dogecoin

A class-action lawsuit was filed in 2022. The plaintiffs sought $258 billion in damages. A judge ruled that Musk's posts were “aspirational and bloated.” Elon Musk and Tesla get a June 2022 layoff claim Accused of defrauding investors by pumping and then dumping the Dogecoin cryptocurrency, causing investor losses. The plaintiffs are seeking $258 billion … Read more

Ex-Nexo Trading Boss to Launch Crypto Market Maker Amid 'Fresh' Opportunities

Market makers are essential for crypto exchanges. Infima Capital's CEO said new firms are rarer than other crypto business startups. According to a reviewed pitch deck, former employees of Nexo have left to start a new market-making company called Infima Capital. News. Tom Stanev, Nexo's former head of trading, will lead the new operation. A … Read more

Franklin Templeton 'vanilla' tokenization funds look to match $171bn stablecoin boom

Money funds allow investors to earn returns on cash-like instruments. While stablecoins are popular in crypto, tokenized money funds may offer superior returns. Stablecoins are one of crypto's biggest success stories, but they're facing increasing competition from another type of digital asset: tokenized money market funds. According to Roger Bayston, head of digital assets at … Read more