Why Is SBI Buying Bitbank? SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank for 46.7 billion yen, or about $288.6 million, in a deal that would deepen the financial group’s position in Japan’s regulated digital asset market. The transaction will be carried out through SBI’s wholly owned subsidiary, SBICAH LLC. Once completed, Bitbank
What Did Ledger Donjon Disclose? Ledger Donjon researchers disclosed a security vulnerability in Tangem hardware wallet cards that can allow an attacker to reset a card’s password through a laser fault injection attack. The attack targets Tangem firmware running on an EAL6+ secure element. According to the researchers, the fault injection bypasses a firmware check
Cardano ecosystem project SecondFi is facing mounting scrutiny after a wallet-related security incident, with independent analysis suggesting user losses could exceed $20 million. SecondFi said the incident was linked to an issue in its native Cardano web wallet-generation software and initially estimated the impact at about 16 million ADA. Based on recent ADA pricing, that
Meta Platforms is reportedly developing a standalone prediction markets app called Arena, signaling a potential move by one of the world’s largest technology companies into a fast-growing category currently led by Polymarket and Kalshi. The project was reportedly directed by Meta Chief Executive Mark Zuckerberg and is being developed by a small internal team. Arena
Cboe Global Markets has launched the first products in its new prediction markets suite, Cboe Predicts, expanding its S&P 500-linked product lineup with binary options tied to the Mini-S&P 500 Index. The first contracts, listed under the symbols XSPBW and XSPBX, are based on XSP, the Mini-S&P 500 Index, which is designed to track one-tenth
U.S. spot crypto exchange-traded funds recorded nearly $200 million in combined net outflows on June 23, as both Bitcoin and Ether products faced redemptions despite selective inflows into several competing funds. Spot Bitcoin ETFs posted $113.8 million in net outflows for the day, according to fund-level flow data. BlackRock’s IBIT drove the decline with $182.0
Binance Research says on-chain tokenized assets have grown 589% since early 2025, rising to more than $31 billion as institutional issuers increasingly move traditional financial products onto blockchain infrastructure. The figures point to one of the fastest-growing areas of digital assets at a time when broader crypto markets have faced pressure from macroeconomic uncertainty, interest-rate
Chainlink has joined a multinational banking initiative involving 47 European and South Korean banks to develop near real-time cross-border foreign exchange settlement, marking one of the largest institutional experiments yet in stablecoin-based payment infrastructure. The initiative, called Project Pangea, brings together Chainlink, Qivalis and UniKA to test atomic payment-versus-payment settlement between euro- and Korean won-denominated
South Africa’s tax authority has released a draft crypto tax guide aimed at clarifying reporting obligations for more than 6 million digital asset holders, marking a significant step in the country’s effort to bring crypto activity into the formal tax system. The South African Revenue Service published the Draft Guide to the Taxation of Crypto
The Ethereum Foundation has transferred 2,469 stETH to Argot Collective as the fourth-year installment of a five-year funding commitment supporting critical Ethereum infrastructure. The transfer, valued at about $4.34 million based on market prices cited in reports, was flagged by on-chain analyst EmberCN and later covered by multiple crypto news outlets. It follows Argot’s June