Ripple was projected to have spent $100 million fighting the SEC. Financial advisors should pay attention to Ripple’s trial, as it could have significant consequences to how we define securities.
ArkotNews
Sotheby's Relaunches Glitch Digital Art Sale After Representation Backlash
The "Glitch: Beyond Binary" art sale is a reboot of last month's "Glitch-ism" auction and features a more diverse roster of artists.
MonkeDAO Plans to Buy Rights to Popular Solana Monkey Business NFT Collection for $2M
MonkeDAO, a decentralized autonomous organization formed by owners of the Solana Monkey Business NFT project, will purchase all intellectual property rights to the collection from its current owner HadesDAO.
Asia-Based Digital Asset Firm Hashkey Group Introduces Wealth Management Service
HashKey has also expanded its OTC service by expanding its liquidity coverage and range of tokens in the spot market.
Magic Eden Rolls Out Bitcoin Ordinals NFT Creator Launchpad
After releasing a Bitcoin NFT marketplace in March, the company is expanding its resources for creators to securely mint their inscriptions before selling to collectors.
A Mysterious A16z Tweet Sparked a Rally in Crypto Project Optimism's OP Token
The tweet spurred speculation that the notable venture capital firm could launch its own Optimism-based layer 2 blockchain. A16z crypto’s CTO tweeted: “not an L2.â€
First Mover Asia: Ether Climbs Over $2.1K to Further Its Post Ethereum Shanghai Upgrade Surge
Bitcoin has also continued its more moderately-paced momentum, inching toward $31K. ALSO: CoinDesk columnist considers Shapella's immediate and potential long-term impact.
Former BitMEX CEO Arthur Hayes Calls His Maelstrom Capital a ‘Very Patient’ Fund
Hayes wants Maelstrom to outperform bitcoin and ether, which won’t be easy.
AI-Focused Blockchain CryptoGPT Raises $10M Funding at $250M Valuation
CryptoGPT recently rolled out AI assistant "Alex" and is developing its ZK rollup layer 2 blockchain and a data-to-AI engine, which collects, encrypts and transfers data for commercial applications.
Avalanche’s New Subnet to Offer Blockchain Customization for Financial Institutions
The protocol said the subnet will be a suite of institutional blockchain deployments and tooling specifically designed for financial services.