The deal also removes the final hurdle before approval of a spot bitcoin ETF, the report said. Author: Will Canny

Some observers believe Binance’s downfall has boosted the spot-ETF approval odds. Author: Sam Reynolds

Crypto exchange Binance and its founder, Changpeng “CZ” Zhao will pay nearly $3 billion in fines to the Commodity Futures Trading Commission to settling the regulator’s lawsuit against it. The company is also settling with the U.S. Department of Justice and Treasury Department in parallel actions on Tuesday. Author: Nikhilesh De

Colony Lab will set up a network validator and invest in an index that tracks prominent Avalanche projects. Author: Shaurya Malwa

The minutes of the Nov. 1 Fed meeting may be outdated, given the post-meeting softness in economic data and resulting expectations for renewed interest-rate cuts in 2024. Author: Omkar Godbole