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Ex-OpenSea executive files motion to dismiss insider trading case

The ex-OpenSea product manager filed the motion at the United States District Court for the Southern District of New York.  He says NFTs are not securities or commodities and thus…

FDIC issues cease and desist letter to FTX US over misleading statements

FDIC sent the cease and desist letter to five companies, including FTX US and mentioned alleged misleading tweets from FTX US president Brett Harrison. The agency wants the crypto company…

eToro to acquire trading startup Gatsby amid US expansion plans

eToro will acquire the US-based startup for $50 million in a cash and common stock deal. The deal is part of eToro’s plans to expand into the US market, where…

FDIC says deposit insurance does not apply to crypto

The FDIC says the public should note that deposit insurance does not cover non-bank entities and non-deposit products, including stocks and cryptocurrencies. The Federal Deposit Insurance Corp (FDIC), an independent…

Chainlink price: Analyst painst bullish picture as LINK spikes above $7.00

Chainlink (LINK) price rose sharply on Thursday to break above $7.20 as the crypto market rode positive momentum across risk assets. At the time of writng, LINK/USD was trading near…

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