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Settlement
FTX's $228M Settlement With Bybit Brings Conclusion of Epic Liquidation Closer
The FTX bankruptcy nears its finish line, with recoveries higher than what was in accounts when it collapsed – though those assets missed out on the market recovery since 2022.
Crypto Is Now a Non-negotiable for Traditional Banks
Simple “engagement” isn’t enough. Banks need to start experimenting with tokenization and blockchain-powered settlement, or risk getting left behind, says Sygnum Bank’s Lucas Schweiger.
Binance to Pay $1.7M to Brazilian Securities Commission to End Probe Into Unauthorized Derivatives Offering
The Latin American country's agency had rejected Binance’s previous proposal, made in August 2023, to end an investigation into its derivatives products.
AgriDex Settles First Agricultural Trade on Solana Blockchain
AgriDex "settled the transactions almost instantly, charging only 0.15% to each side of the trade" while in traditional systems "fees can be several percentage points per trade."
Native Token Transfers Are the Next Evolution of Interoperability
Wrapped assets introduced a wave of DeFi innovation that cross-chain protocols are looking to take forward.
DCG Calls Out Subsidiary Genesis' Settlement With New York as 'Subversive'
DCG filed an objection in bankruptcy court to the deal its own subsidiary secured to end the New York attorney general's investigation of fraud and money laundering controls.
NFL Quarterback Trevor Lawrence and 2 YouTube Influencers Settle FTX Case
NFL team Jacksonville Jaguars' quarterback Trevor Lawrence and YouTube influencers Kevin Paffrath and Tom Nash agreed to undisclosed terms, while BitBoy has been dismissed from the case.
Bittrex Reaches Settlement With SEC; Agrees to Pay $24M Fine
The crypto exchange faced charges of offering U.S. investors access to unregistered securities.
The Graph Migrates its Settlement Layer to Arbitrum from Ethereum
The transition is aimed at reducing barriers of entry for The Graph’s users by decreasing gas costs and speeding up transactions.
JPMorgan, 6 Indian Banks to Settle Dollar Trades on Onyx Blockchain System: Bloomberg
The aim of the project is to settle dollar trades in real time around the clock as opposed to over a matter of days and only during the working week
