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Latest from Ian Allison
OKX Settles U.S. DOJ Charges, Pays Over $500M Penalty and Forfeiture
An OKX subsidiary said it resolved a U.S. DOJ investigation.

Crypto Custody Firms BitGo and Copper Deliver Off-Exchange Settlement for Deribit
Clients of BitGo and Copper can now trade spot and derivatives on Deribit while assets are secured off-exchange.

Crypto Exchange Deribit Still in Talks to Be Acquired by Kraken: Source
A second source said U.S.-listed exchange Coinbase has also been kicking the tires of Deribit.

Ethereum L1 Monad Joins Forces With Orderly Network for DeFi Boost
The arrival of the Monad testnet will provide traders with a fast EVM-compatible building site and the possibility of airdrops on the L1.

Binance.US Restores US Dollar Deposits and Withdrawals After Surviving Chokepoint 2.0
Access to fiat services begins Wednesday, and will be gradually rolled out to all eligible customers over the coming days, Binance.US said.

Bitcoin Staking Platform Core Joins Crypto Lender Maple and Custodians BitGo, Copper, Hex Trust
The ability to earn yield on bitcoin and potentially unleash a new wave of liquidity into the DeFi ecosystem has become a hot topic of late.

Tokenization Platform Midas Expands Yield-Bearing Tokens With DeFi-Fund-Linked Offerings
The new Liquid Yield Tokens (LYT) offer a floating value based on DeFi funds, starting with Edge Capital, RE7 Capital, and MEV Capital.

ConsenSys Twice Hit by Operation Chokepoint, CEO Lubin Credits Bank for Fighting Back
The MetaMask creator survived by having redundant backup accounts, said Lubin, who was also personally targeted.

Galaxy and BitGo Buddy Up for Crypto Staking Despite Legal Spat
The firms are driven by compelling mutual benefits: Galaxy gains extra staking business and BitGo customers are able to use staked assets as collateral for loans and trading.

Kraken Brings Back Crypto Staking for U.S. Customers
Kraken, which was forced to shutter its staking products in early 2023 thanks to the SEC, has re-introduced on-chain staking for U.S. clients in 39 state territories.
