Former OpenSea sea executive Nate Chastain has filed a motion asking a U.S. district court to dismiss insider trading charges levied against him because non-fungible tokens (NFTs) do not meet the req...
Tag: Trading
OpenSea Files Motion to Dismiss Case Alleging NFT Insider Trading Activity
The Lawyers representing OpenSea’s former product head Nate Chastain said that the NFTs don’t fall in the category of either securities or commodities. Thus, wire fraud charges aren’t applicable to th...
Bitcoin Trading Doubled on DBS After the June Crash
The Singapore-based investment company – DBS Digital Exchange – stated that cryptocurrency transactions more than doubled on its platform following the June market crash. This comes as a surprise sinc...
Brazil’s XP Inc Opens Its Doors to Crypto Trading
XP Inc – a brokerage firm in Brazil – is allowing its clients to invest in digital currencies, suggesting that despite prices crashing in recent months, these new assets are still as popular and as so...
XPeng reports mixed earnings as XPEV stock nosedives in premarket trading
XPeng (NYSE: XPEV) shares are falling in premarket after the company announced its earnings, on August 23. The unaudited financial results for the three months ended June 30, 2022, showed that the fi...
A One-Stop Shop for All Your Crypto Trading Needs – Sponsored Bitcoin News
sponsored As a crypto trader, you have to be on your toes. From checking market conditions to tracking your portfolio, there are many things to keep track of. Whether a newbie or a pro, it’s essential...
Former OpenSea Executive Seeks Dismissal of Insider Trading Charges
Nathaniel Chastain, a former OpenSea executive, has submitted a filing calling for the dismissal of charges because he claims NFTs are not securities or commodities, among other reasons. Former OpenSe...
DBS bank-owned exchange reports surge in crypto trading volume despite market volatility
Despite volatility in the cryptocurrency markets over the past few months, Singapore’s DBS bank’s brokerage arm DBS Digital Exchange (DDEx), a members-only platform for institutional and professional ...
Buffett Is a Buyer of Occidental. Here’s Why You Should Too
Occidental Petroleum (OXY) shares are down about 2.7% on Monday, but are off the session lows. Today’s action follows the stock’s explosive finish to last week, as shares rallied 9.9% on Friday. The...
These 2 ‘Strong Buy’ Stocks Are Trading at Steep Discounts
Buy cheap? Even in the stock market, buyers like to find a bargain. Defining a bargain, however, can be tricky. There’s a stigma that gets attached to low stock prices, based on the reality that most ...
Former OpenSea Staff Asks Court to Withdraw Insider Trading Charges
Following the indictment of Nathaniel Chastain, a former Head of Product at the Non-Fungible Token (NFT) marketplace, OpenSea, a new petition has now been filed by his lawyers, requesting the court to...
OpenSea’s Former Head of Product Files Motion to Drop Insider Trading Charges
Former OpenSea employee Nate Chastain has filed a motion to dismiss the indictment against him regarding an alleged insider trading scheme, stating that the charges by the United States government wer...
OpenSea Ex-Employee Asks Court to Dismiss Insider Trading Case
Former OpenSea product manager Nate Chastain was indicted by the DoJ in June on two charges of wire fraud and money laundering related to insider NFT trading Chastain’s lawyers are arguing NFTs don’t ...
Ethereum: What could be the impact of Merge on ETH trading
Ethereum has occupied the center stage of the crypto market since Merge talks came to the fore. After years of speculation, users will finally get a chance to witness Ethereum’s transition to Proof-of...
Former OpenSea employee accused of insider trading files motion to dismiss indictment
Lawyers for former OpenSea head of product Nathaniel Chastain filed a motion to dismiss an indictment against him, according to court documents. Chastain was indicted by a grand jury on wire fraud and...
This ‘pandemic darling’ is down significantly in after-hours trading
Zoom Video Communications Inc (NASDAQ: ZM) reported better-than-expected profit for its fiscal second quarter on Monday. Shares still slid 10% after-hours on lowered full-year guidance. Zoom Video Q2 ...
Hidden Cost of Free Trading? $34 Billion a Year, Study Says
(Bloomberg) — Last year, five US professors opened two brokerage accounts and placed identical orders to test an algorithm. The next day, one was down by $150. The other was up $12. Most Read fr...
BTC vs Altcoins For Automated Trading, Which Ones Are Better?
– Advertisement – The trading world is full of confusing concepts that are a bit hard to comprehend for novice traders. One of them is automated trading, also known as algotrading, which m...
How Samsung Could Enter Crypto With Trading Platform
In South Korea, major financial service and investment firms are preparing to jump into the crypto industry. A report from a local news outlet claims regulations in the country could be about to chang...
Johnson & Johnson Is On a Roll, and This Trade Has My Attention
Is it now time to start buying Johnson & Johnson (JNJ) ? The shares of health care giant Johnson & Johnson have been under pressure since hitting a peak of $186.69 back in late April. Those sh...
AMC shares tank 30% as Regal Cinemas owner warns of potential bankruptcy, APE units begin trading
Shares of theater chain and meme trader favorite AMC fell sharply on Monday as a rival warned of potential bankruptcy and a new preferred share class hit the market. AMC was down 31% on Monday morning...
Coinbase and insider trading cases
The case of three former Coinbase managers charged by the SEC with insider trading. SEC uncovers more insider trading cases in Coinbase issue Cases of insider trading accumulate within the Coinbase t...
Binance CEO Changpeng Zhao Reveals Bad Trading Behavior Plaguing One Crypto Exchange
Changpeng Zhao (CZ), CEO of Binance, says that there is a crypto exchange that may be employing poor standards in its trading platform. CZ tells his 6.8 million Twitter followers that he recently lear...
AMC’s ‘APEs’ start trading on the NYSE
AMC Entertainment Holdings Inc.’s AMC, -37.51% AMC Preferred Equity Units, or APEs APE, , began trading on the New York Stock Exchange on Monday, opening at $6.95. The stock rose 36.2% to trade ...
Trading Volume Soars As USDC Whales Leave
USDC Price at the time of writing – $1.00 The total supply of USDC has shrunk by $100 million USDC deposits hit a 17-month low on Monday The level of stablecoin USD Coin (USDC) supply held by the top...
Looki NFT Records Over $250K in Trading Volume Within 4 Days on OpenSea
The Looki Avatar, as a collection of PFP NFTs, can be used as a profile photo on social media platforms, including Twitter and Instagram. Looki NFTs further describes itself as an exclusive NFT collec...
Binance CEO CZ Speaks About Trading Jitters on Exchanges
Exchange News The crypto community on Twitter concluded that CZ was making a jab at FTX. SBF said he would be willing to collaborate with the FDIC in the future. When Binance’s CEO, Changpeng “CZ,” Zh...
CryptoCom Adds New Trading Pair For Shiba Inu
– Advertisement – Shiba Lovers Gets Excited As CryptoCom Adds New Trading Pair For Shiba Inu. Users can now trade with Shiba Inu on CryptoCom after the exchange added a BUSD trading pair f...
Former Comptroller of the Currency Says Ripple and SEC Will Settle to Enable Investors To Continue Trading & Holding XRP
– Advertisement – Brooks speculates that both Ripple and the SEC will reach a settlement. The lawsuit between Ripple and the Securities and Exchange Commission (SEC) has been a major t...