BITPRISMIA
FTX customers have filed an updated class action lawsuit against law firm Fenwick & West, alleging it played a key role in the $8 billion fraud by creating fraudulent corporate structures and enabling the misuse of customer funds.
S&P Global Ratings assigned a B- credit rating with a stable outlook to Sky Protocol, marking the first time a major credit ratings company has graded a DeFi protocol.
Tokenized assets are predicted to surpass DeFi as the next major growth engine in the crypto sector, with oracles playing a key role in real-time risk management, according to Chronicle founder Niklas Kunkel.
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CACEIS, the asset servicing unit of Credit Agricole, has acquired a minority stake in French fintech Kriptown to support the launch of Lise, a tokenized exchange targeting SMEs and mid-cap firms in Europe.
DevvStream, a Nasdaq-listed company, has invested $10 million in Bitcoin and Solana to advance carbon credit tokenization, aiming to enhance efficiency and scalability in sustainable finance.
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JPMorgan and Coinbase have partnered to integrate crypto services into traditional banking, including tokenized deposits and rewards redemption, signaling deeper collaboration between traditional finance and the crypto industry.
FTX will begin its next round of cash payouts to creditors on September 30, 2025, after reducing its disputed claims reserve by $1.9 billion, while facing opposition from a Chinese creditor over global payout restrictions.
Korean credit card companies are forming a strategic alliance to explore stablecoin opportunities, aiming to influence upcoming regulations and integrate stablecoins into the financial ecosystem.