Reuters

(Reuters) -The U.S. Securities and Exchange Commission has threatened to sue non-fungible tokens marketplace OpenSea, the company's CEO said in a post on social media platform X on Wednesday.

US SEC threatens to sue NFT marketplace OpenSea, CEO says

Nasdaq is asking for federal regulators’ permission to offer spot Bitcoin ETF-based options in a bid to expand investors’ exposure to crypto assets. Submitted on Tuesday to the U.S. Securities and Exchange Commission, the Nasdaq Bitcoin Index Options (XBTX) would offer investors the ability to manage positions and hedge Bitcoin investments through options, Nasdaq said. The offering could bolster the adoption crypto assets, according to the U.S.-based stock exchange.

Nasdaq Pitches Options on Spot Bitcoin ETFs to SEC

As the U.S. Securities and Exchange Commission (SEC) presses forward with efforts to regulate crypto, the agency’s enforcement threats have left a sprawling paper trail across the industry. Whether it’s entities issuing coins or exchanges enabling them to trade, more market participants are waking up to a so-called Wells...

From DeFi Land to the OpenSea: SEC Threatens the Entire Crypto World

Miami, FL

Angleton, TX

On Monday, the U.S. Securities and Exchange Commission charged two brothers for allegedly defrauding over 80 investors for more than a year in an alleged $60 million crypto Ponzi scheme. The SEC secured "emergency asset freezes" against Jonathan Adam from Angleton, Texas, and his brother Tanner Adam from Miami, Florida,...

SEC Charges Two Brothers Over Alleged $60 Million Crypto Ponzi Scheme

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Ben Gagnon, CEO of Bitfarms, discusses the bitcoin mining company's planned acquistion of Stronghold Digital Mining.

NFT marketplace OpenSea says it received Wells notice from SEC: CNBC Crypto World

The Guardian

British tech entrepreneur who sold his Autonomy software group to Hewlett-Packard and was later cleared after a long-running US fraud case

Mike Lynch obituary

Boston, MA

Fortune

Boston-based Creatio is valued at $1.2 billion.

A 47-year-old Ukrainian female founder raised $200 million so she could finally market her B2B tech startup as a unicorn

This story is part of CNBC Make It's The Moment series, where highly successful people reveal the critical moment that changed the trajectory of their lives and careers, discussing what drove them to make the leap into the unknown. Emery Wells put himself on the path to a dream career...

42-year-old sold his startup for $1.3 billion—he started by buying a $17,500 camera he couldn't afford

Universal Logistics Holdings ended operations of its Universal Capacity Solutions brokerage Friday, according to a securities filing. The company told workers some 112 would be terminated prior to the shutdown, and about 13 will remain until Sept. 13. The move, which includes some $8 million to $10 million in estimated...

Universal Logistics abruptly shutters brokerage subsidiary

Fruition Production is set to release a documentary in November that examines XRP’s significant role and development within the financial sector. The documentary will feature insights from Ripple’s CTO and will be available on Amazon and Apple TV, choosing independent distribution over traditional media channels. The world of...

Unlocking XRP: Fruition Production’s Documentary to Explore Ripple’s Cryptocurrency This November

Georgia State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

Daily Coffee Press

According to officials with the Southern District of Georgia, two recently unsealed federal indictments have charged 23 defendants in a series of broad conspiracies involving the use of drones to smuggle methamphetamine, marijuana, and cell phones into state prisons in Georgia.

23 Defendants Charged in Federal Indictments for Drone-Smuggling Drug Operation in Georgia

California State

Tesla CEO and xAI founder Elon Musk has thrown his support behind a California bill that’s divided Silicon Valley and promises to regulate the artificial intelligence industry. Suggested Reading. The bill, SB 1047, would mandate companies that have spent more than $100 million to develop an AI model, or...

Elon Musk just threw his support behind a controversial bill to regulate AI

Crisp County, GA

On Wednesday, the Georgia Bureau of Investigation announced the arrest of 24 individuals following Operation Shyne Down. The GBI and other agencies served a total of 120 warrants on the suspects involved in the investigation, which targeted the criminal street gang G-Shyne Bloods and their involvement in criminal activities in Crisp County, Georgia.

Operation Results in More than 20 Charged with Gang Offenses, RICO, and more

DTX Exchange (DTX) has taken center stage in the crypto market after announcing the much-awaited testnet launch. The decentralized trading platform has also surpassed $1.8 million raised in its ongoing presale weeks ahead of expected. This development is expected to accelerate the development of a unified trading ecosystem. Analysis of...

DTX Exchange’s Layer-1 Blockchain Soars After Testnet Launch

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Coinscribble by Coinbound - In an exciting development for the Ethereum community, Graffiti Labs has launched Graffiti RPC, a game-changing Ethereum RPC service that promises to be the fastest, most secure, and privacy-focused option on the market. Graffiti gained significant traction, with Graffiti RPC handling an impressive 17 million average daily requests and attracting 82,000 average daily unique users in the last month alone.

Graffiti Unveils The Fastest and Most Secure RPC Solution

Afrotech

A class action lawsuit continues to loom over Shaquille O’Neal. As AFROTECH™ previously reported, he was named in a class-action lawsuit filed against the Astrals Project, which he created alongside Music Manager Brian Bayati, who serves as the CEO, and his son Myles O’Neal, who is the head of investor relations. They launched to the… Continue reading Shaquille O’Neal Confirmed To Be A ‘Seller’ For Astrals NFT Project In A Class Action Lawsuit

Shaquille O’Neal Confirmed To Be A ‘Seller’ For Astrals NFT Project In A Class Action Lawsuit

Wyoming State

WyoFile

Wyoming’s U.S. Sen. John Barrasso and Rep. Harriet Hageman handily staved off Republican challengers in Tuesday’s primary election. The Associated Press called the race at 8 p.m.

Barrasso, Hageman handily defeat Republican challengers

The Motley Fool

One of the pioneers in the space is poised to profit as the adoption of AI software accelerates.

Generative AI Software Sales Could Soar 18,647% by 2032. 1 Unstoppable Artificial Intelligence (AI) Stock to Buy Before They Do

Green Bay, WI

Northern Kentucky Tribune

Joe Heller was the editorial cartoonist for the Green Bay Press-Gazette in Green Bay, Wis., from 1985 until being laid off in July 2013. He still draws several cartoons a week and distributes them through his own syndicate. Through Heller Syndication, his cartoons regularly appear in more than 400 newspapers, making him the most successful self-syndicated editorial cartoonist in the nation. His cartoons are reprinted many times in USA Today, Denver Post, St. Paul Pioneer Press, The New York Times, the Los Angeles Times, Newsweek Japan, The Week and The Washington Post. Joe’s cartoons have won numerous distinctions, including 10 Best of Gannett awards, eight Milwaukee Press Club awards and two Honorable mentions for the John Fischetti Award. He lives in Green Bay with his wife, Pamela. He is a regular featured cartoonist for the NKyTribune .

Joe Heller: Cartoonist on news — Off to college, Biden-Harris, aging student, Covid surge

NewsBreak

OpenSea Expecting SEC Lawsuit Over NFTs Being Securities, Says CEO

Prominent NFT marketplace OpenSea is expecting a lawsuit from the United States Securities and Exchange Commission (SEC), co-founder and CEO Devin Finzer said Wednesday, due to...

OpenSea Expecting SEC Lawsuit Over NFTs Being Securities, Says CEO

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