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OpenSea manager accused of insider trading sentenced to 3 months in prison, $50K fine

A federal judge has sentenced former OpenSea product manager Nathaniel Chastain to three months in prison for wire fraud and money laundering related to insider trading on the platform.In an Aug. 22 announcement from the United States Department of Justice, U.S. Attorney Damian Williams said Chastain had been sentenced to three

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SEC charges crypto investment manager with misleading advertising, custody claims

Fintech investment adviser Titan Global Capital Management has agreed to a cease-and-desist order by the United States Securities and Exchange Commission (SEC), along with censure and penalties after the agency pressed charges against it relating to advertising and compliance failures.According to the SEC, the New York-based firm made misleading claims

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Securitize acquires $40b crypto fund manager Onramp

Tokenized asset firm Securitize continues expanding investor access to private market alternative assets with the acquisition of the cryptocurrency fund manager Onramp Invest, which manages more than $40 billion in assets.Securitize is planning to simplify the access of registered investment advisors (RIA) to private equity, private credit and secondary asset

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NvirWorld appoints former Binance strategy manager as CMO for web3 expansion

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied NvirWorld, a web3 solution project, has hired Jason Y., a former strategy manager at Binance, to enhance its market exposure and global competitiveness. Jason Y., who assumes the chief marketing officer (CMO) role, brings his experience as

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European digital asset manager CoinShares’ revenue up 33% in Q2

CoinShares, a manager of Bitcoin (BTC), Ether (ETH) and various altcoin crypto exchange-traded products (ETPs) in Europe, reported total revenue of 20.3 million pounds ($25.9 million) in the second quarter of 2023, a 33% increase compared wit the prior year’s quarter.According to the Aug. 1 announcement, the firm’s 25% year-over-year

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Bitcoin (BTC) to Reach $300K by 2028 Halving, Says Asset Manager Morgan Creek’s CEO

Yusko joins other bitcoin bulls who have recently predicted a higher price for the digital currency. Most recently, British multinational bank, Standard Chartered, predicted that bitcoin could reach $120,000 by the year-end. Meanwhile, Crypto services provider Matrixport, said it sees bitcoin rallying to as high as $125,000 by the end

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