ChainCatcher news, according to The Wall Street Journal, Elon Musk's social platform X (formerly Twitter) has agreed to pay approximately $10 million to settle with Donald Trump over his account suspension incident. This makes X the second platform, after another social media company, to reach a settlement regarding the lawsuit over Trump's account ban following the Capitol riots on January 6, 2021.Trump and other plaintiffs sued then-Twitter and its former CEO Jack Dorsey in 2021. Musk completed the acquisition of Twitter on October 27, 2022. Trump's X account (originally Twitter account) was restored on November 19, 2022.

ChainCatcher news, according to Cointelegraph, AzukiDAO announced it has been renamed to "Bean" and has dropped the lawsuit against Azuki founder Zagabond regarding the $39 million minting incident. Azuki developers stated that the DAO will be rebranded as a memecoin project and will become part of the Layer2 project Blast ecosystem. The developers also claimed that Bean has secured $10 million in funding from "well-known investors" for development and acceleration within the Blast ecosystem, though specific investors were not disclosed.Bean stated that the proposed total supply of the Bean memecoin is 1 billion tokens. 40% of the tokens are allocated to its treasury, 50% to Azuki DAO members, and 10% to Azuki NFT creator Zagabond. Minting is only available to Azuki NFT holders, who must mint within 24 hours after the token release, or they will face "token destruction."

ChainCatcher news, the digital asset reporting and trading reconciliation platform KYAX has completed a strategic round of financing, with blockchain consulting firm Appold participating. The specific amount of financing has not been disclosed. KYAX will use the new funds to provide institutional clients with digital asset management reporting tools that meet regulatory requirements, helping them achieve compliance in digital asset management.

ChainCatcher news, Zhao Changpeng tweeted that Engine 1 has been restored, but it will take time to reconcile and restore other engines. Zhao Changpeng stated that the engine takes a snapshot every hour, and the error occurred within 57 minutes, so coordination will take longer. (source link)