FTX wants to settle its claims against crypto lender Genesis for $175 million — reduced from its previous claim of roughly $4 billion.

BitGo, a crypto custody service based in Palo Alto, has raised $100 million in a Series C fundraising round, valuing the company at $1.75 billion.

Prometheum Ember Capital LLC has responded to House Financial Services Committee concerns about its designation as the first Special Purpose Broker-Dealer for digital assets.

PayPal has launched the Cryptocurrency Hub, which makes buying and selling crypto easier.

Alex Mashinsky, the former CEO of Celsius Network, has had his bail restrictions tightened by a federal judge, including electronic monitoring and limiting fund transfers of over $10,000 without court approval.

Congresswoman Maxine Waters has expressed concerns about PayPal's new digital currency, PayPal USD (PYUSD).

Coinbase has integrated Chainlink's pricing feeds into its Base Layer 2 network to enable the link between the Layer 2 network and external DeFi applications.

PayPal has launched PayPal USD (PYUSD), its own stablecoin that gives crypto users more options. US dollar deposits, short-term Treasuries, and comparable cash equivalents will fully back PYUSD.