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…
Chainlink, JPMorgan’s Kinexys and Ondo Finance completed a “first-of-its-kind” crosschain delivery versus payment (DvP) settlement between a permissioned payment network and a public testnet.The test involved Kinexys Digital Payments, a…
JPMorgan’s Kinexys has recently partnered with Chainlink and also Ondo Finance to facilitate, at the time of writing, a groundbreaking $2 billion tokenized asset settlement through integrated public blockchain technology.…