SEC drops investigation into NFT marketplace OpenSea
OpenSea founder Devin Finzer announced that the SEC is closing its investigation into the NFT platform, calling it “a win for everyone” in the industry.
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Bitcoin rallies to $104.7K after Fed FOMC ‘nothing burger’ lines up with market expectations
Bitcoin futures traders liquidated shorts after today’s Fed FOMC comments aligned with the market consensus.
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AI Eye: Apple developing pocket AI, deep fake music deal, hypnotizing GPT-4
Apple wants to put an AI in your pocket Apple has been playing its cards close to its chest when it comes to AI. While rival Microsoft has jumped on the ChatGPT bandwagon and is integrating AI into everything despite the bugs and hallucinations, the acronym didn’t even get a mention at Apple’s Worldwide Developers…
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New Australian Islamic finance DeFi platform is ‘guided by Sharia’
Islamic finance is not always compatible with DeFi's focus on risk and yield. A new platform aims to blend the best of both. 5567 Total views 20 Total shares A team based out of Sydney, Australia is building what it claims is the world’s first “Shariah-guided” decentralized finance platform to navigate a course between the…
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Wealthy investor network ‘TIGER 21’ holds up to $6B worth of crypto
TIGER 21, an investment firm for high-net-worth individuals, has $6 billion of its $200 billion portfolio allocated to crypto, with some of its 1,600 members reportedly “all in” on crypto assets.
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‘Low income’ Oyster Protocol founder allegedly has $10M yacht full of gold bars
The founder of Oyster Protocol has been arrested and charged with operating a multimillion-dollar tax evasion scheme. 1233 Total views 4 Total shares Amir Burno Elmaani, the founder of the now defunct cryptocurrency scheme Oyster Protocol, has been arrested and charged for what the Department of Justice describes as a “multimillion-dollar tax evasion scheme.”On Dec.…
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Japanese authorities trace Monero, arrest 18 in $670K laundering case
The group of scammers has been under investigation by Japan’s newly formed cybercrime unit since August.
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CFTC charges Uniswap with illegal derivatives trading
One CFTC commissioner dissented, calling the action “regulation by enforcement.”
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FDIC-FTX spat is another reason for investors to self-custody their funds
Searching for more evidence that self-custody of your cryptocurrency holdings beats a centralized manager? Look to the latest action by the Federal Deposit Insurance Corporation (FDIC).The agency sent a letter to FTX Exchange this month — along with four other entities — that included a cease and desist order for “false and misleading statements.” Namely,…