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Business — Page 214

Polkadot Plans Major Staking Overhaul With New Validator Rules

Polkadot (DOT) is preparing for a significant upgrade to its staking system aimed at making participation safer and more accessible for users. The proposed on-chain change, Referendum 1890, would require all validator…

May 25, 20262 min read

Fenwick & West Agrees to $54M Settlement in FTX Fraud Lawsuit

Fenwick & West, the former lead outside counsel for collapsed crypto exchange FTX, has agreed to pay $54 million to settle claims tied to the platform’s alleged $8 billion fraud. The preliminary settlement was filed i…

May 23, 20262 min read

Polymarket Confirms User Funds Safe After Private Key Incident

Polymarket Vice President of Engineering Josh Stevens has officially denied rumors claiming the platform suffered a smart contract hack. According to Stevens, all user funds remain secure, and the recent security inci…

May 22, 20262 min read

Kraken Secures Dubai VARA License Ahead of Planned 2027 IPO

Crypto exchange Kraken, operated by parent company Payward, has secured regulatory approval from Dubai’s Virtual Asset Regulatory Authority (VARA), marking a significant step in its global expansion strategy. The appr…

May 21, 20262 min read

Tether Acquires SoftBank’s Stake in Twenty One Capital

Tether has officially acquired SoftBank’s entire stake in Twenty One Capital (NYSE: XXI), strengthening its control over one of the world’s largest public Bitcoin treasury firms. The deal, announced on May 20, 2026, r…

May 20, 20262 min read

Consensys Challenges FDIC Stablecoin Rules Under GENIUS Act

Blockchain software company Consensys has submitted a detailed response to the Federal Deposit Insurance Corporation (FDIC) regarding its proposed stablecoin regulations, raising concerns about how the rules could be …

May 19, 20262 min read
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