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Ripple USD stablecoin set for trading debut tomorrow
16.12.2024
Ripple’s RLUSD stablecoin is set for its trading debut on Dec. 17 on platforms including Uphold, MoonPay, Archax and CoinMENA, the company said
Here's Why Fortnite Is Giving Out $100 Refunds
10.12.2024
Back in 2022, Epic Games agreed to pay $245 million as part of a settlement with the Federal Trade Commission (FTC) over “dark patterns” that may have tricked players into spending in-game currency on cosmetics, dance emotes, and other items they didn’t actually want. Two years later, the first...
Putin Profiles Digital Currencies as Possible Settlement Rails for a BRICS Investment Platform
5.12.2024
Russian President Vladimir Putin has referred to digital currencies as part of the settlement instruments for the planned BRICS investment platform. Putin stated that work on this platform had already begun, and that these digital assets might have a place in this institution. Putin Talks Digital...
German fintech 21X gets EU license for tokenization platform
3.12.2024
To build its blockchain-based trading platform, 21X has been working with several partners, including Polygon and SBI Digital Markets
SEC nets record $8.2B in fines, Australia considers crypto tax framework: Law Decoded
25.11.2024
The SEC reported an unprecedented $8.2 billion in fiscal penalties, mainly due to Terraform Labs’ record $4.47 billion settlement
Reserve Bank of India expanding cross-border payments platform
24.11.2024
According to the Atlantic Council, 134 countries are currently exploring CBDCs in different phases — including every G20 country
Cosmos co-founder proposes peer-to-peer clearing system in white paper
21.11.2024
The objective of Cycles is to “clear the most debt for the most people with the least money,” Informal Systems’ CEO Ethan Buchman said
PayPal taps Xoom for cross-border stablecoin payments
19.11.2024
The partnership is designed to expand access to PYUSD in Asian and African markets, PayPal said
Chainlink, Microsoft, Banco Inter collaborate on Brazil’s CBDC pilot
19.11.2024
The Drex phase two pilot leverages Chainlink’s CCIP and Microsoft’s cloud infrastructure to innovate trade finance automation
NBA legend Shaquille O’Neal signs $11M Astrals NFT settlement
19.11.2024
Shaquille O’Neal signed an $11 million settlement in exchange for dismissing a class-action lawsuit.
Ex-Alameda exec Trabucco gives up yacht, apartments in FTX settlement
11.11.2024
Sam Trabucco left Alameda Research months before the FTX collapse and kept his head down — probably on his yacht Soak My Deck
JPMorgan Set to Launch Instant Settlement for Euro-Dollar Conversions
7.11.2024
The bank’s token, JPM Coin, which already processes $2 billion in transactions every day, will be used for the settlement processes. JPMorgan Leveraging Blockchain for Cross-Border Settlement JPMorgan, the largest bank in the U.S. has set out plans to provide quick settlement for currency...
JPMorgan Renames Blockchain Platform to Kinexys, to Add On-Chain FX Settlement for USD, EUR
6.11.2024
The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities, executing over $1.5 trillion of transactions since its inception
Swift, UBS, Chainlink pilot tokenized fund settlement
5.11.2024
Swift, UBS and Chainlink aim to modernize traditional finance by enhancing tokenized fund processes with blockchain
Real-Time Settlements in Crypto: Reducing Latency with Blockchain
3.11.2024
Real-time settlement is transforming financial markets, particularly in the realm of cryptocurrency. Traditionally, financial transactions could take days to settle […]
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FTX's $228M Settlement With Bybit Brings Conclusion of Epic Liquidation Closer
28.10.2024
The costly meltdown of global exchange FTX is still settling big chunks of its bankruptcy drama, now securing about $228 million from Bybit to further feed the cash dispersal that was approved in court earlier this month
Chainlink co-founder unveils blockchain payments for TradFi
23.10.2024
Chainlink and Swift will introduce a new blockchain integration, simplifying digital asset settlement for financial institutions using existing infrastructure
Crypto Scheme Settlement: Tennessee and GS Partners Resolve Misleading Digital Asset Investments
17.10.2024
Tennessee has secured a multi-million dollar settlement with GS Partners over alleged deceptive investment schemes involving digital assets and the metaverse. Investors were enticed with tokens and vouchers linked to physical gold, skyscrapers, and virtual staking pools. Now, affected individuals...
Ripple Invests $25M in Bitnomial’s Platform to Build Regulated Derivatives Market for Digital Assets Like XRP
16.10.2024
Crypto derivatives exchange Bitnomial is set to launch its U.S. perpetual futures trading platform, Botanical, backed by a $25 million round led by Ripple. The platform, integrating Ripple’s stablecoin RLUSD, aims to challenge decentralized exchanges and offshore models. Bitnomial’s...
Avalanche Foundation to buy back nearly 2M AVAX sold to Terra in 2022
14.10.2024
In 2022, the Avalanche Foundation sold 1.97 million AVAX worth $100 million at the time to Terra’s foundation before its collapse. It’s now buying it all back for $45.5 million