OpenSea users drop securities suit after marketplace demands arbitration
The lawyer for two OpenSea users who accused the platform of selling them securities told Cointelegraph they “had no choice but to dismiss the pending case.”
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South Korean Upbit crypto exchange faces monopoly probe
South Korea’s FSC will reportedly investigate Upbit’s relationship with its bank partner K-Bank before the latter’s IPO, which is expected in late October.

Is it foolish to expect a massive Ethereum price surge pre- and post-Merge?
Ether’s (ETH) impressive 85% gain in the past 30 days has surprised even the most bullish investors, and it makes the $800 range seen in mid-July seem like ages ago. Bulls now hope to turn $1,900 to support, but derivatives metrics tell a completely different story, and the data suggests that professional traders remain highly…

Crypto Biz: The Year of Bitcoin
This week’s Crypto Biz explores Bitcoin’s landmark year, Crypto.com’s new custody service, Russia’s partial ban on crypto mining and taxes on staking rewards in the US.

BTC Pre-Halving Pump in Play as Bitcoin Price Surges Toward $8,000
After trading in the $6,900 to $7,250 range for more than 19 days, Bitcoin (BTC) price finally managed to pierce the $7,250 resistance in a high volume surge which resulted in the liquidation of nearly $70 million worth of shorts at BitMEX. BitMEX XBTUSD Liquidations. Source: Skew.comThe strong upside move allowed the digital asset to secure…

Celsius token CEL rises 300% in one week amid a GameStop-like ‘short squeeze’ event
The price of CEL, the native token of Celsius Network, has almost quadrupled since June 19 in what appears to be a frenzy stirred up by day traders.CEL price short squeezeCEL's price rose from $0.67 on June 19 to $1.59 on June 21, a 180% spike compared to the crypto market's 12.37% rise in the…

Scaramucci’s SkyBridge BTC fund launches with $25 million investment
The ex-White House communications director sees a big move for BTC in the next 5 to 10 years. 923 Total views 5 Total shares Just two days after filing a Form D exemption with the U.S. Securities and Exchange Commission, Anthony Scaramucci’s hedge fund, Skybridge Capital, has launched its proposed Bitcoin (BTC) fund.In a Dec.…

OpenAI’s CTO says government regulators should be ‘very involved’ in regulating AI
The executive recently sounded off about government regulators, the “pause” letter, and how close the company is to reaching artificial general intelligence. 575 Total views 2 Total shares Own this piece of history Collect this article as an NFTMira Murati, the chief technology officer at OpenAI, believes government regulators should be “very involved” in developing…

LÜM to launch ‘Access Pass’ NFTs for 25 globally known musicians
“We really wanted to model ourselves off NBA Top Shot. A community that was building collective value by bringing players underneath an individual umbrella,” said LÜM CEO and Founder Max Fergus. U.S.-based music platform LÜM is set to announce 25 partnerships with globally known musicians as part of a re-launch involving NBA Top Shot’s Dapper…