Elon Musk and X Corp have reached a settlement with four former Twitter executives who alleged they were not paid $128 million in severance pay following Musk’s 2022 acquisition of the company. The ...

Bank of New York Mellon (BK), the world’s largest custodial bank with $55.8 trillion in assets under custody, is testing tokenized deposits in a bid to modernize its global payment infrastructure and ...

The family office of US hedge fund veteran Jim Pallotta is expanding its bets on decentralized finance as private investment firms for the ultra-wealthy boost investments in digital assets. Pallotta’s ...

FundsChain, a blockchain-based platform, enables the World Bank to improve traceability, accountability, and streamline operations when tracking the use of funds. Key features include tamper-proof ...

As higher education institutions navigate the digital age, the secure management of academic records and credentials has become a top priority. Blockchain technology, once associated primarily with ...

More than 30 of the largest banks worldwide join in the design, development, and testing of the new offering, SWIFT announced at the Sibos conference. Big news at this year’s Sibos conference in ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Swift will work with Consensys on a conceptual prototype of ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

London-based blockchain payments company Fnality secured $136 million in a Series C funding round backed by some of the world’s largest financial institutions. Bank of America, Citi, KBC Group, ...

Enterprises are still hesitant to adopt blockchain because most blockchain projects today require committing to a single chain — and single-chain strategies create costly risks. Interoperability is ...