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Ripple CLO Stuart Alderoty Challenges SEC OpenSea NFT Wells Notice, Citing 1976 Art Gallery Ruling

Ripple CLO Stuart Alderoty Challenges SEC OpenSea NFT Wells Notice, Citing 1976 Art Gallery Ruling

The chief legal officer of the crypto firm Ripple is publicly issuing a challenge to the U.S. Securities and Exchange Commission (SEC). Yesterday, the CEO of the world’s largest non-fungible token (NFT) marketplace, Devin Finzer of OpenSea, announced that the SEC had slapped OpenSea with a Wells Notice. A Wells Notice is a warning issued […]

The post Ripple CLO Stuart Alderoty Challenges SEC OpenSea NFT Wells Notice, Citing 1976 Art Gallery Ruling appeared first on The Daily Hodl.

Bitcoin nears $100K as CPI data shows signs of cooling

SEC Issues Wells Notice to Opensea, Alleging NFTs on the Marketplace Are Securities

SEC Issues Wells Notice to Opensea, Alleging NFTs on the Marketplace Are SecuritiesThe 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 […]

Bitcoin nears $100K as CPI data shows signs of cooling

SEC Says NFTs Are Securities in New Wells Notice Against OpenSea, According to CEO

SEC Says NFTs Are Securities in New Wells Notice Against OpenSea, According to CEO

The U.S. Securities and Exchange Commission (SEC) has sent a Wells notice to non-fungible token (NFT) marketplace OpenSea, according to the firm’s CEO. Devin Finzer says in a new post on the social media platform X that the company has received a Wells notice from the SEC warning them of possible securities law violations. A […]

The post SEC Says NFTs Are Securities in New Wells Notice Against OpenSea, According to CEO appeared first on The Daily Hodl.

Bitcoin nears $100K as CPI data shows signs of cooling

Base hits 4M active addresses amid ‘Onchain Summer’ campaign

Base said it had allotted 600 ETH, worth $2 million, for developers who would build on the blockchain from June to August this year. 

Crypto exchange Coinbase’s layer-2 solution Base had about 4 million active addresses last week as it continues to push its “Onchain Summer” campaign forward. 

Jesse Pollak, head of Base, shared data from Dune Analytics, saying that the layer-2 network reached an all-time high in weekly active addresses. Pollak highlighted that over 4 million active addresses were on the blockchain last week. 

Weekly active addresses chart for Base. Source: Dune Analytics

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Bitcoin nears $100K as CPI data shows signs of cooling

This Week’s NFT Sales Slump 11.66%—Will the Downtrend Turn Around?

This Week’s NFT Sales Slump 11.66%—Will the Downtrend Turn Around?In the past week, non-fungible token (NFT) sales have dipped by 11.66%, totaling $81.7 million. Despite this decrease, there’s been a significant uptick in market activity: the number of NFT buyers has skyrocketed by 172.98%, while NFT sellers have also seen an impressive rise of 120.51% over the same period. NFT Market Chaos: Prices Drop, […]

Bitcoin nears $100K as CPI data shows signs of cooling

‘Another Major Run’ Coming for One Crypto Sector, According to Analyst – Here’s His Forecast

‘Another Major Run’ Coming for One Crypto Sector, According to Analyst – Here’s His Forecast

A widely followed crypto analyst believes that one digital asset sector is going to have a massive revival this market cycle. Pseudonymous crypto trader Kaleo tells his 643,400 followers on the social media platform X that a bullish resurgence is likely for non-fungible tokens (NFTs). “I’m one of the crazy people that still believe NFTs […]

The post ‘Another Major Run’ Coming for One Crypto Sector, According to Analyst – Here’s His Forecast appeared first on The Daily Hodl.

Bitcoin nears $100K as CPI data shows signs of cooling

Republican Presidential Candidate Donald Trump Says He Will Release Yet Another NFT Collection

Republican Presidential Candidate Donald Trump Says He Will Release Yet Another NFT Collection

Former US president Donald Trump says he is planning to release a new series of non-fungible tokens (NFTs) following the success of his previous collections. In an interview with Bloomberg Businessweek, the Republican presidential candidate says he will launch a fourth NFT collection as he sees demand for a new one. “I did things like […]

The post Republican Presidential Candidate Donald Trump Says He Will Release Yet Another NFT Collection appeared first on The Daily Hodl.

Bitcoin nears $100K as CPI data shows signs of cooling