FTX debtors secured approximately $14.5 million in November through small claim settlements, primarily from political donations, according to a Dec. 10 court filing. The recovered funds included $6 million from the House Majority PAC and $3 million from the Senate Majority PAC. Additional returns came from organizations like Forward Action…

Binance has formed a strategic partnership with Circle to integrate USD Coin (USDC) across its services, aiming to enhance accessibility and promote adoption. This collaboration also positions USDC as a key corporate treasury asset for Binance, according to an announcement on Dec. 11. Circle CEO Jeremy Allaire highlighted the partnership’s…

The latest episode of CryptoSlate’s SlateCast podcast welcomed Markus Maier, CEO and Founder of Nudge, and CryptoSlate’s Editor-in-Chief Liam “Akiba” Wright and CEO Nate Whitehill. The episode highlighted Nudge’s unique approach to decentralizing and optimizing liquidity reallocation across multiple DeFi protocols. With a focus on user-centric incentives and cross-chain liquidity, Nudge aims…

DWF Labs, a prominent crypto market maker and investor, has unveiled a $20 million fund to foster the development of autonomous AI agents, according to a Dec. 10 statement. This initiative reflects the firm’s dedication to fostering next-generation solutions in artificial intelligence and blockchain ecosystems. Andrei Grachev, DWF Labs Managing…

Options are often a leading market indicator, reflecting traders’ expectations for price direction and volatility. This dynamic is especially true for Bitcoin, as the sheer size of the derivatives market has historically outpaced spot trading. Unlike futures, which are pretty straightforward trading instruments, options trading incorporates strategies that hedge risks…

The OORT Foundation announced the commercial launch of its OORT DataHub, a decentralized platform designed to improve data collection and labeling for artificial intelligence. The platform, which goes live on Dec. 11, aims to address longstanding challenges in AI development, including data transparency and integrity. OORT DataHub promises to reduce…

Coinbase’s Project Diamond has adopted the Chainlink Standard to drive institutional adoption of digital assets, according to a Dec. 10 statement shared with CryptoSlate. Project Diamond, managed by Coinbase Asset Management, focuses on serving institutional users outside the US. It leverages a comprehensive infrastructure that includes Coinbase Prime custody, the…

Ripple CEO Brad Garlinghouse said the firm has secured approval from the New York State Department of Financial Services (NYDFS) to launch its Ripple USD (RLUSD) stablecoin. Garlinhouse made the announcement in a Dec. 11 social media post and added that the token will be live soon. The NYDFS was…

Italy’s government announced plans to scale back a proposed tax increase on crypto capital gains following criticism from industry stakeholders and divisions within the ruling coalition, Reuters reported on Dec. 11. The initial proposal, introduced as part of the 2025 budget, sought to raise the tax rate on crypto gains…

VanEck believes the recent surge in the Altcoin Season Index, which jumped 53% in the past 30 days to 63 points, could signal upcoming gains for Bitcoin (BTC). According to the firm’s head of digital assets research, Matthew Sigel, this level has historically preceded positive returns for Bitcoin (BTC) across one-, three-,…