In brief
Bitcoin posted modest gains today while Ethereum slightly slipped.
The long-term bullish outlook for traders remains intact, but the charts suggest choppy waters ahead.
Prediction markets are split on near-term price…
The Reserve Bank of India recently sent a circular to BRICS and other countries allowing direct settlements in rupees. The settlements will be facilitated via special Vostro accounts, allowing foreign…
In brief
New York-based fintech Paxos worked with Binance to mint the BUSD stablecoin.
It stopped working with Binance in 2023.
New York's regulator has said Paxos will pay a $26.5…
Ripple, the company behind major cryptocurrency XRP, is facing community backlash after online entrepreneur Andrei Jikh raised questions over the company’s projects and transparency.Jikh took to X on Wednesday to…
The global foreign exchange market conducts transactions worth $7.5 trillion a year, according to the Bank for International Settlements latest triennial survey. The US dollar takes the majority of the…
The administrator overseeing BlockFi’s bankruptcy wind-down and the US Department of Justice (DOJ) have reached a settlement to dismiss a $35 million crypto asset transfer lawsuit involving the crypto lender.The…
The European Central Bank (ECB) has approved a two-track plan to settle distributed ledger technology (DLT) transactions using central bank money, which could pave the way to modernizing Europe’s financial…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe.One of the biggest payment processors on earth is dropping its own stablecoin. This morning, the $90-billion payments…
This is a segment from the Empire newsletter. To read full editions, subscribe.Five months ago, Gemini and the CFTC agreed to a settlement of $5 million related to a 2022…
In brief
O'Neal will pay $1.8 million to settle a lawsuit tied to promoting FTX.
Plaintiffs alleged he helped market unregistered securities.
The deal includes broad legal immunity and covers legal costs.
Shaquille O’Neal…