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BNB price rallies on news of DOJ-Binance settlement
21.11.2023
The BNB token defied today’s wider market downturn with a high volume rally, which saw its price hit a 5-month high at $271.90
Bitcoin Buffeted Then Bounces on Binance/U.S. Settlement Report
21.11.2023
Hurting the mood on Tuesday morning was the DOJ announcement of significant cryptocurrency enforcement actions to come later this afternoon
First Mover Americas: SEC Sues Kraken; Binance Faces $4B Settlement
21.11.2023
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Binance $3.9B USDT move gains community attention amid DoJ settlement claims
21.11.2023
Binance transferred $3.9 billion USDT between its wallets, days before a report about a $4 billion settlement with the United States Justice Department was published
BNB Records Uptick Following Reports of Potential $4 Billion Settlement With the DOJ
21.11.2023
Source: AdobeStock / akif BNB has surged over 7% in the last 24 hours after reports of Binance being involved in a potential $4 billion settlement with the United States Department of Justice (DOJ). The recent rise in the Binance-based token marks its highest point since June after the price moved...
BNB pops after report that DOJ wants $4B settlement with Binance
21.11.2023
BNB hit its highest price since June after Bloomberg reported the Justice Department wanted $4 billion from Binance to end its probe into the exchange
Crypto Markets Chop as Reports Emerge That US DoJ Wants Over $4 Billion From Binance to Settle Yearlong Investigation – Here’s The Latest
20.11.2023
Binance Logo / Source: Adobe The US Department of Justice (DoJ) is seeking a settlement of more than $4 billion from the world’s largest crypto exchange Binance as a proposed resolution to a yearlong investigation into the exchange, Bloomberg reported on Monday citing people familiar with...
Bitcoin and BNB Token Stage Relief Rallies on Binance Settlement News
20.11.2023
Crypto exchange Binance could reportedly soon be paying $4 billion to settle multiple U.S. criminal charges
Coinbase Unveils Open Source On-Chain Payments Protocol to Offer Instant Settlement for Merchants
17.11.2023
Source: AdobeStock / rarrarorro San Francisco-based cryptocurrency exchange Coinbase has introduced an open-source On-Chain Payments Protocol to its Coinbase Commerce product. The new protocol aims to enhance the payment experience for merchants and customers by providing instant settlement,...
Coinbase Unveils Open Source On-Chain Payments Protocol to Offer Instant Settlement for Merchants
17.11.2023
Source: AdobeStock / rarrarorro San Francisco-based cryptocurrency exchange Coinbase has introduced an open-source On-Chain Payments Protocol to its Coinbase Commerce product. The new protocol aims to enhance the payment experience for merchants and customers by providing instant settlement,...
Mediation to begin in FTX, BlockFi Case, Judge Rules
14.11.2023
In a court filing on November 13th, U.S. bankruptcy judge Michael Kaplan ended an automatic stay on proceedings between bankrupt crypto companies FTX and BlockFi, paving the way for mediation in their claims settlement. BlockFi’s forced bankruptcy FTX founder, Sam Bankman-Fried, was found...
Opyn DeFi protocol founders are leaving crypto after CFTC crackdown
14.11.2023
Two of the founders of crypto options platform Opyn are stepping down from leadership roles to pursue other aims, but Opyn will continue under new leadership
FTX, BlockFi claims settlement allowed to proceed, judge declares
14.11.2023
A U.S. bankruptcy court judge has ordered the end of an automatic holding placed on claims settlement proceedings between the two bankrupt crypto companies FTX and BlockFi
Bankrupt Crypto Lender Genesis Seeks Court Help to Reduce Settlement Payout to 3AC
10.11.2023
Source: Pexels Digital Currency Group’s (DCG) subsidiary Genesis Global is seeking approval from the US court to revise its settlement agreement with the bankrupt Three Arrows Capital Ltd (3AC). According to a document filed on November 9 with the US bankruptcy court of the Southern District...
Crypto lawyer says $20M settlement is 99.9% win for Ripple
5.11.2023
Deaton strongly refuted the idea that the lawsuit’s result was an even 50-50 outcome for the SEC, asserting that it leaned closer to a 90-10 advantage in favor of Ripple
Ex-FTX Unit LedgerX in Gray Area Beyond CFTC Proposal on Customer Funds: Commissioner
3.11.2023
The U.S. Commodity Futures Trading Commission (CFTC) proposed a rule change Friday on how customer funds should be invested by firms the agency oversees – futures commission merchants (FCMs) and derivative clearing organizations (DCOs)
BitGo and Copper Combine Crypto Custody Settlement Networks
3.11.2023
The network effect of BitGo’s cold storage settlement system and Copper’s ClearLoop comprises exchanges like Bybit, OKX, Powertrade, Bitget, Gate.io, Deribit, BIT, Bitfinex, and Bitstamp
Ripple Labs and Hong Kong’s Fubon Bank Team to Offer Property Equity Access to Locals
31.10.2023
Ripple Labs is working on a pilot program with Hong Kong’s Fubon Bank to offer property equity access to residents. The developer of the XRP cryptocurrency revealed that the collaboration is a part of the e-HKD pilot project. Ripple and Fubon Bank were selected to demonstrate a use case...
Goldman Sachs Analysis: Ethereum’s Path to Scalability
27.10.2023
Ethereum (ETH) ‘s upcoming Dencun upgrade, expected in the first quarter of 2024, will play a crucial role in the blockchain’s journey towards scalability as a settlement layer. In a recent note, Goldman Sachs highlighted the primary impact of the Dencun upgrade, which is increasing...
Ethereum’s Dencun Upgrade Is a Step Toward a Scalable Settlement Layer: Goldman Sachs
27.10.2023
The upgrade will enhance the blockchain’s scalability using rollups, will optimize gas fees and improve the network’s security, the report said