Home Blog Page 1606

CNOOC Limited Brings On-stream Weizhou 11-4 Oilfield Adjustment and Satellite Fields Development Project

HONG KONG, Dec. 3, 2025 /PRNewswire/ — CNOOC Limited (the “Company”, SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Weizhou 11-4 Oilfield Adjustment and Satellite Fields Development Project has commenced production.

The project is located in the Beibu Gulf Basin of the South China Sea, with an average water depth of approximately 43 meters. The project leverages the adjacent existing facilities for development. The main production facilities include a newly-built unmanned wellhead platform and a central processing platform, which are connected to an existing platform through a trestle bridge. 35 development wells are planned to be commissioned, including 28 production wells and 7 water injection wells. The project is expected to achieve a plateau production of approximately 16,900 barrels of oil equivalent per day in 2026. The oil property is light crude.

The project has adopted a coordinated development plan of “three offshore processing centers + one onshore terminal”, serving as a gathering and transportation hub to release the resource capacity and ensure stable energy supply in the region.

CNOOC Limited holds 100% interest in this project and is the operator.

— End —

Notes to Editors:

More information about the Company is available at https://www.cnoocltd.com

*** *** *** ***

This press release includes forward looking information, including statements regarding the likely future developments in the business of the Company and its subsidiaries, such as expected future events, business prospects or financial results. The words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “ongoing”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify such forward-looking statements. These statements are based on assumptions and analyses made by the Company as of this date in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that the Company currently believes are appropriate under the circumstances. However, whether actual results and developments will meet the current expectations and predictions of the Company is uncertain. Actual results, performance and financial condition may differ materially from the Company’s expectations, including but not limited to those associated with macro-political and economic factors, fluctuations in crude oil and natural gas prices, the highly competitive nature of the oil and natural gas industry, climate change and environmental policies, the Company’s price forecast, mergers, acquisitions and divestments activities, HSSE and insurance policies and changes in anti-corruption, anti-fraud, anti-money laundering and corporate governance laws and regulations.

Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements. The Company cannot assure that the results or developments anticipated will be realised or, even if substantially realised, that they will have the expected effect on the Company, its business or operations.

*** *** *** ***

For further enquiries, please contact:

Ms. Cui Liu
Media & Public Relations
CNOOC Limited
Tel: +86-10-8452-6641
Fax: +86-10-8452-1441
E-mail: mr@cnooc.com.cn 

Mr. Cheng Yao
Ever Bloom (HK) Communications Consultants Group Limited
Tel: +852 5540 0725
Fax: +852 2111 1103
Email: cnooc.hk.list@everbloom.com.cn     

“Sustainable Green Technology Enters the Home” — ALLUONE’s Smart Garden Pioneers Eco-Friendly Innovation

SEOUL, South Korea, Dec. 3, 2025 /PRNewswire/ — ALLUONE Co., Ltd., an innovative company specializing in the development, manufacturing, and supply of IoT-based smart gardens, has introduced “Watering Garden,” an eco-friendly solution that enables the creation of a sustainable green ecosystem right inside the home through advanced IoT technology.

Watering Garden features an automatic control system that efficiently manages water and energy usage, minimizing unnecessary resource consumption. Equipped with environmental sensors that maintain optimal growth conditions, the system maximizes plant health and vitality with minimal resources.

Through this innovation, ALLUONE presents not just another home appliance, but a model of “sustainable technology,” opening new possibilities in the eco-friendly smart home market. The company also plans to continue developing products that integrate diverse green technologies while pursuing expansion into the global market.

An ALLUONE representative stated, “A smart garden is no longer just a plant care device—it represents a sustainable lifestyle where technology and the environment coexist in harmony. As a leading company in the smart garden industry, ALLUONE will continue to drive green tech innovation.”

Cboe to Offer Nearly 24-Hour Trading for Russell 2000 Options, Expanding Global Access to U.S. Small-Cap Equities

  • Russell 2000® Index (RUT) options to trade nearly 24×5 during Cboe’s Global Trading Hours
  • Expansion that may allow European and Asia-Pacific traders to more easily manage U.S. small-cap exposure
  • Initiative is part of Cboe’s ongoing efforts to expand global access to its proprietary U.S. equity index options

CHICAGO, Dec. 3, 2025 /PRNewswire/ — Cboe Global Markets, Inc. (Cboe: CBOE), the world’s leading derivatives and securities exchange network, today announced plans to extend trading hours for its Russell 2000 Index (RUT) options suite to nearly 24 hours a day, five days a week, beginning February 9, 2026.

RUT options are currently available for trading during regular U.S. hours, from 9:30 a.m. ET to 4:15 p.m. ET, Monday through Friday. With the planned addition of an overnight session during Cboe’s Global Trading Hours (GTH), RUT options (including the RUT Weeklys options) will also trade from 8:15 p.m. ET to 9:25 a.m. ET the following morning, Monday through Friday. As investors globally increasingly seek to access U.S. equity market exposure, the ability to trade RUT options nearly around the clock is expected to help them respond to market-moving events, adjust positioning, and manage risk with greater precision in real time.

Cboe currently offers several flagship index options including S&P 500 Index (SPX), Mini-SPX (XSP) and Cboe Volatility Index (VIX) options during its GTH session. The addition of RUT options to GTH will expand this lineup, giving investors even more tools to access U.S. equity large cap, small cap and global equity market exposure – ultimately, potentially creating more trading, hedging, and liquidity opportunities during this overnight trading session.

Demand for overnight trading is evident in the growth of Cboe’s GTH sessions, which have experienced record volumes in 2025, up 179% year-to-date compared to full year 2022 as global appetite for U.S. markets has grown and Cboe expands its product availability to meet this demand.

“Extending trading hours for Cboe’s Russell 2000 Index product suite will be another significant milestone in our efforts to expand access to U.S. index options for investors worldwide,” said Rob Hocking, Global Head of Derivatives at Cboe. “With nearly round-the-clock availability, Cboe will help empower market participants to further diversify, manage and hedge their U.S. equity and volatility exposures–covering both small caps and large caps–at their discretion. We look forward to continuing to collaborate with FTSE Russell to deliver meaningful solutions to our growing global customer base.”  

The Russell 2000 Index measures the performance of U.S. small-cap equities across sectors and has long served as a barometer of small-cap performance. As of the end of November, average daily volume in Cboe’s RUT options has grown to nearly 75 thousand contracts, up 66% compared to full year 2022, as more traders look to manage risk and implement daily options strategies. The Russell 2000 Index has historically been more volatile than large-cap measures and more sensitive to interest rates – making RUT options a potentially effective tool to trade small-cap volatility and secular trends.

To track implied volatility for the Russell 2000, Cboe publishes the Cboe Russell 2000 Volatility Index (RVX), a VIX-style measure of 30-day expected volatility. Similar to realized volatility measures, RVX has historically been higher than the VIX Index, reflecting the unique risk profile of small-cap stocks.

“Cboe’s decision to offer nearly 24-hour trading for Russell 2000 options is an exciting development for global investors,” said Shawn Creighton, Director of Index Derivatives Solutions at FTSE Russell. “The Russell 2000 Index is a recognized benchmark for U.S. small-cap equities, and expanded access will give market participants worldwide greater flexibility to manage risk and capture opportunities as markets move.”

Exclusively listed on Cboe Options Exchange, Russell 2000 Index (RUT) options and Russell 2000 Index Weeklys (RUTW) options are cash-settled, European-style options, meaning there is no risk of early exercise and no need to deliver or receive unwanted shares. Cboe offers a range of expirations—including every weekday, end-of-month, and quarterly—allowing investors to implement a diverse range of trading strategies.

In addition to offering GTH hours for RUT options, Cboe proposes to add Curb Trading Hours – an additional trading session that will run from 4:15 p.m. to 5:00 p.m. ET, Monday through Friday.

For more information on Russell 2000 Index options, visit RUT Index Options.

About Cboe Global Markets

Cboe Global Markets (Cboe: CBOE), the world’s leading derivatives and securities exchange network, delivers cutting-edge trading, clearing, and investment solutions to people around the world. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives, and FX across North America, Europe, and Asia Pacific. Above all, we are committed to building a trusted, inclusive global marketplace that enables people to pursue a sustainable financial future. To learn more, visit www.cboe.com.

Cboe Media Contacts

Cboe Analyst Contact

Angela Tu

Tim Cave

Kenneth Hill, CFA

+1-646-856-8734

+44 (0) 7593-506-719

+1-312-786-7559

atu@cboe.com

tcave@cboe.com

khill@cboe.com

CBOE-OE

Cboe® and Cboe Global Markets® are registered trademarks or service marks of Cboe Exchange, Inc. All other trademarks and service marks are the property of their respective owners.

Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options (ODD). Copies of the ODD are available from your broker or from The Options Clearing Corporation, 125 S. Franklin Street, Suite 1200, Chicago, IL 60606.

Cboe Global Markets, Inc. and its affiliates do not recommend or make any representation as to possible benefits from any securities, futures or investments, or third-party products or services. Cboe Global Markets, Inc. is not affiliated with S&P or the third-party sites referenced in this press release. Investors should undertake their own due diligence regarding their securities, futures, and investment practices. This press release speaks only as of this date. Cboe Global Markets, Inc. disclaims any duty to update the information herein.

Nothing in this announcement should be considered a solicitation to buy or an offer to sell any securities or futures in any jurisdiction where the offer or solicitation would be unlawful under the laws of such jurisdiction. Nothing contained in this communication constitutes tax, legal or investment advice or a recommendation to buy or sell a security, future, or other financial product. Investors must consult their tax adviser or legal counsel for advice and information concerning their particular situation.

Cboe Global Markets, Inc. and its affiliates make no warranty, expressed or implied, including, without limitation, any warranties as of merchantability, fitness for a particular purpose, accuracy, completeness or timeliness, the results to be obtained by recipients of the products and services described herein, or as to the ability of the indices referenced in this press release to track the performance of their respective securities, generally, or the performance of the indices referenced in this press release or any subset of their respective securities, and shall not in any way be liable for any inaccuracies, errors. Cboe Global Markets, Inc. and its affiliates have not calculated, composed or determined the constituents or weightings of the securities that comprise the third-party indices referenced in this press release and shall not in any way be liable for any inaccuracies or errors in any of the indices referenced in this press release.

There are important risks associated with transacting in any of the Cboe Company products discussed here. Before engaging in any transactions in those products, it is important for market participants to carefully review the disclosures and disclaimers contained at: https://www.cboe.com/us_disclaimers/

Cautionary Statements Regarding Forward-Looking Information

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. You can identify these statements by forward-looking words such as “may,” “might,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential” or “continue,” and the negative of these terms and other comparable terminology. All statements that reflect our expectations, assumptions or projections about the future other than statements of historical fact are forward-looking statements. These forward-looking statements, which are subject to known and unknown risks, uncertainties and assumptions about us, may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from those expressed or implied by the forward-looking statements.

We operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible to predict all risks and uncertainties, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.

Some factors that could cause actual results to differ include: the loss of our right to exclusively list and trade certain index options and futures products; economic, political and market conditions; compliance with legal and regulatory obligations; price competition and consolidation in our industry; decreases in trading or clearing volumes, market data fees or a shift in the mix of products traded on our exchanges; legislative or regulatory changes or changes in tax regimes; our ability to protect our systems and communication networks from security vulnerabilities and breaches; our ability to attract and retain skilled management and other personnel; increasing competition by foreign and domestic entities; our dependence on and exposure to risk from third parties; factors that impact the quality and integrity of our and other applicable indices; our ability to manage our global operations, growth, and strategic acquisitions or alliances effectively; increases in the cost of the products and services we use; our ability to operate our business without violating the intellectual property rights of others and the costs associated with protecting our intellectual property rights; our ability to minimize the risks, including our credit, counterparty, investment, and default risks, associated with operating our  clearinghouses; our ability to accommodate trading and clearing volume and transaction traffic, including significant increases, without failure or degradation of performance of our systems; misconduct by those who use our markets or our products or for whom we clear transactions; challenges to our use of open source software code; our ability to meet our compliance obligations, including managing our business interests and our regulatory responsibilities; the loss of key customers or a significant reduction in trading or clearing volumes by key customers; our ability to maintain BIDS Trading as an independently managed and operated trading venue, separate from and not integrated with our registered national securities exchanges; damage to our reputation; the ability of our compliance and risk management methods to effectively monitor and manage our risks; restrictions imposed by our debt obligations and our ability to make payments on or refinance our debt obligations; our ability to maintain an investment grade credit rating; impairment of our goodwill, long-lived assets, investments or intangible assets; the accuracy of our estimates and expectations; and litigation risks and other liabilities. More detailed information about factors that may affect our actual results to differ may be found in our filings with the SEC, including in our Annual Report on Form 10-K for the year ended December 31, 2024 and other filings made from time to time with the SEC.

We do not undertake, and we expressly disclaim, any duty to update any forward-looking statement whether as a result of new information, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.

Meet Iris: The only conversational AI intelligence layer built for multi-vendor UC&C observability

SYDNEY, Dec. 3, 2025 /PRNewswire/ — Leading global observability software company Integrated Research (ASX:IRI, ‘IR’) has today unveiled Iris, the only conversational AI intelligence layer built for multi-vendor unified communications and collaboration (UC&C) observability. 

 

Observability has a problem: game-changing insight is locked behind complexity. Meet Iris – a natural language AI assistant purpose-built for observability and built directly into Prognosis from leading observability software company IR.

Powered by IR’s leading observability platform Prognosis, Iris translates complex monitoring data into actionable insights, answering plain language questions such as “Why are dropped calls spiking in Singapore?” or “Which department had the worst Teams experience today?” with detailed, context-rich responses.

As enterprises scale hybrid and multi-cloud environments, global outage costs continue to rise with one in five outages reported to exceed costs of US $1 million[i]. By 2026, organisations that apply observability systematically are predicted to achieve measurable competitive advantage through AI-assisted insight and automation[ii].

Iris is embedded in Prognosis as a true real-time intelligence layer, so that IT teams can spend less time monitoring and more time making decisions that drive elite enterprise performance.

Ian Lowe, Chief Executive Officer at IR, said: “We know from our hundreds of clients around the world that faster discovery and time to remediation drives material results for enterprises, including better customer satisfaction scores, higher service reliability and reduced revenue risk in mission-critical environments. Intelligent observability is critical to drive better performance in these areas. With Iris, complex multi-vendor IT environments have just become a performance advantage for large enterprises, giving everyone – not just IT specialists – access to business-critical performance insights in seconds.”

Meet Iris: The natural language AI built for observability 

  • Democratize insight – Iris removes the barriers between people and data, giving everyone the power to understand what’s happening and why. 
  • Accelerate resolution – Spend less time digging and more time doing. Iris provides key insights instantly so your teams can resolve issues before they escalate. 
  • Empower smarter decisions – From IT operations to executives, Iris helps you see patterns, spot risks, and act with confidence – all powered by IR’s decades of domain expertise. 

The launch is part of the general release of Prognosis 13.2, the most innovative version of IR’s flagship observability platform released to date, offering deeper insights and better experiences for IT teams managing the performance of large unified communications, collaboration and payments ecosystems.

What’s new in Prognosis 13.2

  • Iris: Your natural-language AI assistant for UC&C observability – answers domain-specific questions with insight and suggested actions within seconds.
  • Workflow-aware automation – outbound ITSM alerting (starting with ServiceNow) to reduce manual triage and mean time to resolution.
  • Faster reporting for Microsoft Teams and Cisco Webex – improved speed, scalability and long-term performance for large UC datasets.
  • Genesys Cloud visibility – our first CCaaS module delivering a unified service view.
  • Assurance for recorded interactions – integration with Verint Call Recording on Genesys Engage to verify status, quality and availability.
  • Broader Microsoft Teams coverage – extended Microsoft Teams monitoring to include Teams rooms
  • Payments and capacity enhancements – real-time visibility for SWIFT and Fed ISO schemes, multi-workload NonStop capacity management, BASE24 eps monitoring on Linux and a vendor-neutral ingest via a TCP IP Listener and Kafka.

The release of Iris comes following the company’s recent launch of Prognosis Elevate, IR’s new fully managed observability-as-a-service platform for UC&C ecosystems. Clients using Prognosis Elevate will gain automatic access to Iris with the Prognosis 13.2 upgrade.

For more information, visit: ir.com/prognosis/iris

About IR
Integrated Research (ASX: IRI) provides real-time observability for critical enterprise ecosystems. Its Prognosis platform delivers actionable insight and performance assurance across unified communications, collaboration and payments for the world’s largest organisations.

Disclaimer
The information provided in this press release, including details about new products, features, and availability, is provided for general informational purposes only and is subject to change without notice.

[i] Uptime Institute (2024). Annual Outage Analysis 2024.

[ii] Gartner (2024). Emerging Trends in Observability Platforms: AI Assistants and Natural-Language Query (G00792314). Gartner Research Note.

SEMI Reports Global Semiconductor Equipment Billings Increased 11% Year-Over-Year in Q3 2025

Growth Driven by Robust Investments in Leading-Edge Logic, DRAM, and Packaging Technologies to Support AI Wave

MILPITAS, Calif., Dec. 3, 2025 /PRNewswire/ — SEMI, the industry association serving the global semiconductor and electronics design and manufacturing supply chain, today announced in its Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report that global semiconductor equipment billings increased 11% year-over-year to US$33.66 billion in the third quarter of 2025. Third quarter 2025 billings registered a 2% quarter-over-quarter growth.

Semiconductor Equipment Billings By Region
Semiconductor Equipment Billings By Region

The growth in billings was driven by robust investments in advanced technologies, particularly in leading-edge logic, DRAM, and packaging solutions for AI computing. Additionally, there was a notable rise in equipment shipments to the China region, contributing to the overall positive trend.

“Global semiconductor equipment billings year-to-date have reached nearly $100 billion – a record through three quarters – reflecting the industry’s sustained momentum and commitment to invest in technology innovation,” said Ajit Manocha, SEMI President and CEO. “Strong AI demand continues to drive spending in advanced logic and memory segments, as well as in packaging applications geared toward energy efficiency. This positive trajectory underscores the critical role semiconductors play in shaping a smarter and more connected world that powers next-generation digital solutions.”

Compiled from data submitted by members of SEMI and the Semiconductor Equipment Association of Japan (SEAJ), the WWSEMS Report is a summary of the monthly billings figures for the global semiconductor equipment industry. 

Following are quarterly billings data in billions of U.S. dollars, with quarter-over-quarter and year-over-year changes by region:

The SEMI Equipment Market Data Subscription (EMDS) provides comprehensive market data for the global semiconductor equipment market. The subscription includes three reports:

  • Monthly SEMI Billings Report, a perspective on equipment market trends
  • Monthly WWSEMS, a detailed report of semiconductor equipment billings for seven regions and 24 market segments
  • SEMI Semiconductor Equipment Forecast, an outlook for the semiconductor equipment market

Download a sample of the EMDS report.

For more information about the report or to subscribe, please contact the SEMI Market Intelligence Team at mktstats@semi.org. More details are also available on the SEMI Market Data webpage.  

About SEMI

SEMI® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON® expositions and events, technology communities, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.

Association Contacts
Sherrie Gutierrez/SEMI
Phone: 1.831.889.3800
Email: sgutierrez@semi.org

Stephanie Quinn/Kiterocket (Media Inquiries)
Phone: 1.480.316.8370
Email: squinn@kiterocket.com  

 

Semiconductor Equipment Market Revenue by Region
Semiconductor Equipment Market Revenue by Region

interpark Global Rebrands as ‘NOL World,’ a New Travel Hub for Global K-Pop Fans Visiting Korea

 Fully rebranded under the NOL Universe brand to enhance integrated travel and ticketing experiences for global customers
 Expanded K-Pop-focused products and upgraded community features to strengthen fandom-driven services

SEOUL, South Korea, Dec. 3, 2025 /PRNewswire/ — Nol Universe (CEO Bochan Bae) announced that interpark Global, its ticketing platform dedicated to international users, has been fully rebranded and relaunched as NOL World, introducing a next-generation travel hub for global fans visiting Korea.

interpark Global is rebranding as NOL World
interpark Global is rebranding as NOL World

NOL World is an integrated one-stop platform designed for international travelers, offering seamless access to activities, transportation passes, guided tours, concerts, exhibitions, sporting events, and a wide range of Korean leisure experiences. The rebrand reflects NOL Universe’s vision to break boundaries between countries and experience categories, extending greater accessibility and enjoyment to global users planning their trips to Korea.

To meet the rising global demand for K-pop, NOL World has strengthened its lineup of fan-focused offerings. Beyond concert ticketing, the platform now provides city-to-venue shuttle services and expanded on-site fan conveniences. It is also enhancing its popular “Play&Stay” packages—combining concerts by top artists such as SEVENTEEN and BLACKPINK with hotel stays and exclusive benefits—and increasing exclusive package availability to elevate stay-based experiences for global fans. Additional travel essentials, including mobile convenience-store vouchers, have also been added to broaden user choice.

NOL World is upgrading its community functions as well. Improved content structure now allows fans to browse K-pop schedules and concert information alongside their travel plans. New review and community features will also be introduced, enabling fans to leave comments on K-pop concert products and related content just as they would for attractions, restaurants, or pop-up stores. These enhancements further establish NOL World as a global hub for international fandoms to gather and share information. 

As a leading Korean travel, leisure, and culture platform, Nol Universe operates a wide range of services spanning ticketing, entertainment, and lifestyle experiences under its unified NOL brand. Through the launch of NOL World, the company continues its mission to help global audiences experience Korean content seamlessly, breaking down geographical and experiential boundaries.

To celebrate the relaunch, a global social media event is now underway across Instagram, X (Twitter), Facebook, and Xiaohongshu until December 24 (KST). Participants can join through comments, tagging friends, and sharing posts. Winners will be announced on December 29, followed by prize distribution by January 5, 2026. 

Bochan Bae, CEO of NOL Universe, said, “NOL World is designed to bring global fans closer to Korea, making cultural experiences more accessible and seamless.” He added, “We will continue to push innovation that removes boundaries across experience categories and expand into key Asian markets, ultimately growing NOL World into a global hub connecting leisure experiences worldwide.”

IF YOU ARE A FORMER FTX CUSTOMER WHO SENT OR DEPOSITED MONEY INTO AN FTX OR ALAMEDA RELATED ACCOUNT AT SILVERGATE BANK, A PROPOSED CLASS ACTION SETTLEMENT MAY AFFECT YOUR RIGHTS, AND ENTITLE YOU TO BENEFITS AND A CASH PAYMENT

COSTA MESA, Calif., Dec. 3, 2025 /PRNewswire/ — The following statement is being issued by Simpluris, Inc., the court-appointed settlement administrator, regarding the Silvergate Bank class action settlement.

What is this case about?

A Settlement on behalf of former FTX customers has been reached with Silvergate Bank and other defendants (the “Defendants”) in a class action lawsuit. The people who brought the case accuse the Defendants of participating in unlawful conduct by FTX, Alameda, and Sam Bankman-Fried. The Defendants deny that they did anything wrong, and no court has decided which side is right.

The Court has appointed the plaintiffs’ attorneys to represent the Class.

A copy of the Settlement is available at www.FTXBankSettlement.com.

Who is included in the Settlement?

You are a Class Member, and eligible to file a claim if all five of the following are true: (1) you sent or deposited fiat currency (such as US dollars) into an FTX- or Alameda-related account at Silvergate Bank; (2) between April 1, 2019, and November 11, 2022; (3) as of November 11, 2022, you still had an FTX.com or FTX.us account; (4) that account contained cryptocurrency, fiat currency, or both; and (5) you had no previous employment relationship or ownership interest in Silvergate, FTX, Alameda or any of their related entities.

What are the Settlement benefits?

Defendants will pay $10 million to settle this case. This money will be divided among the class members who file a valid claim form after payment of litigation fees and costs.

How do I receive a benefit?

Visit www.FTXBankSettlement.com to submit your claim. You can request a paper claim by calling 1-833-417-4936. Claims must be submitted online or postmarked by January 30, 2026.

What if I don’t want to participate in the Settlement?

If you do not want to be part of the Settlement, you must exclude yourself by January 30, 2026, or you will not be able to sue Defendants for the claims made in this lawsuit. If you exclude yourself, you cannot get benefits from this Settlement. If you want to object to the Settlement, you may file an objection by January 30, 2026. The Settlement Agreement, available at www.FTXBankSettlement.com, explains how to exclude yourself or object.

When will the Court approve the Settlement?

The Court will hold a hearing in this case on February 9, 2026, to consider whether to approve the Settlement. The Court will also consider the plaintiffs’ request for attorneys’ fees of up to $3.3 million, reimbursement of expenses up to $150,000, and service payments up to $10,000 for each of the three Plaintiffs. You may attend the hearing at your own expense, but you do not have to.

Accertify: Cyber Monday Transaction Volume Jumps 24% as Smaller Carts and Later Evening Shopping Dominate

Data Shows Continued Shift in Consumer Behavior With Drop in Average Spend Per Transaction

ITASCA, Ill., Dec. 3, 2025 /PRNewswire/ — Accertify, Inc., a leading unified risk decisioning platform provider, today released results from Cyber Monday 2025 showing an interesting consumer pattern: more transactions, smaller baskets, and a spike in volume at the 9 pm Central hour.

Accertify clients processed 49.3 million transactions on Cyber Monday, representing a 24% increase over 2024. The transactions were worth $5.7 billion, representing only a 6% increase over 2024. Transaction volume peaked at 9 pm CST — a shift from 2024’s 12pm CST peak.

The average transaction value fell 14% year-over-year to $114.98, closely mirroring the drop Accertify saw last week on Black Friday and reinforcing the observed trend toward lower-ticket purchases. Despite the surge in volume, clients continued to see strong performance supported by Accertify’s AI-enabled workflow, which reflected a 99.30% median approval rate among participating clients.

Accertify’s fraud detection technology flagged and helped reject $100.7 million in suspected fraudulent transactions on Cyber Monday. Of those flagged transactions, clients have already confirmed 128,914 as actual fraud attempts — a 17% increase over last year — demonstrating the growing volume of fraud attacks during peak shopping periods.

“Cyber Monday reinforced what we saw on Black Friday: consumers are making more purchases with lower values,” said Mark Michelon, President of Accertify. “Accertify’s platform helped merchants absorb this demand while maintaining strong approval rates and minimizing fraud exposure at scale.”

The trend reflects broader shifts in consumer behavior during peak digital commerce periods. Accertify data shows that shoppers are checking out more frequently with smaller transaction sizes, which challenges merchants to make fast, informed decisions at scale while still preserving the customer experience.

Cyber Monday 2025 by the Numbers

  • Transactions processed: 49.3 million (up 24% YOY)
  • Total transaction value: $5.7 billion (up 6% YOY)
  • Average transaction value: $114.98 (down 14.4% YOY)
  • Peak hour: 9 p.m. Central (shifted from 12 p.m. Central in 2024)
  • Approval rate: 99.30%
  • Suspected fraud blocked: $100.7 million in transactions
  • Confirmed fraud prevented: 128,914 incidents verified as fraud by clients (up 17% YOY)

Statistics in this release are derived from Accertify client data from Cyber Monday 2024–2025.

About Accertify

Accertify, Inc., is a leading unified risk decisioning platform provider, spanning fraud prevention, chargeback management, account protection, abuse prevention, and payment gateway solutions to clients in diverse industries worldwide. Accertify’s suite of products helps digital commerce companies grow by reducing fraud-related losses, streamlining operations, and preserving the consumer experience. To learn more, visit www.accertify.com.

Media Contact:

Neal Stein
Technology PR Solutions
Office: (321) 473-7407
nealjstein@techprsolutions.com