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.” Go to Source
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OpenSea promises comeback with new, improved platform
A newly revitalized OpenSea is coming soon, but details were thin. Go to Source
Trader turns $5k into $670K on Ethereum pump.fun rival Ethervista
The protocol’s native VISTA token briefly soared to a value as high as $30 million, netting one trader some serious profit. Go to Source
SEC Issues Wells Notice to Opensea, Alleging NFTs on the Marketplace Are Securities
The U.S. Securities and Exchange Commission (SEC) has issued a Wells notice to Opensea, signaling potential enforcement action against the NFT marketplace. Opensea’s CEO criticized the SEC’s move, claiming it could negatively impact innovation and creators’ livelihoods. The platform is prepared to contest the action and has committed $5 million to support NFT creators facing … Read more
OpenSea marketplace receives Wells notice from the SEC
CEO Devin Finzer pledged to “stand up and fight” any potential enforcement action the regulator might bring involving NFTs. Go to Source
Iconic Auto Brand DeLorean Partners With Web3 Agency Otherlife to Launch Digital Marketplace
On May 30, the renowned auto brand DeLorean, made famous in the iconic film “Back to the Future,” revealed a collaboration with Web3 creative agency Otherlife, a branch of Moonpay. Together, they aim to launch a groundbreaking marketplace where DeLorean enthusiasts can purchase, sell, and exchange vehicle reservation build slots. Web3 Agency Otherlife and Auto … Read more
Dark web market owner arrested in New York after FBI traces crypto
The FBI claimed it found Incognito Market’s alleged owner, Rui-Siang Lin, by tracking crypto from the dark web drug market to a crypto exchange account allegedly in his name. Go to Source
Line messenger’s NFT arm raises $140M for Web3 services
Line Next will use a part of the $140 million fund to introduce new Web3-focused services, which include a social app that uses AI-generated characters and Web3 games. Go to Source
Crypto platform WOO X partners with market maker Wintermute for liquidity boost
Aside from Wintermute, other leading liquidity providers, including Selini Capital and Black Code Group, also support WOO X. Go to Source
Bitcoin NFT marketplace Bioniq eyes lofty goal of alleviating network congestion
Bioniq operates on the Internet Computer Protocol, tapping into native Bitcoin integration to ease the network congestion and high fees associated with Ordinals inscriptions. Go to Source
