
SBI Holdings to Acquire Bitbank for $289M, Creating Japan's Largest Crypto Exchange
SBI Holdings is set to acquire Bitbank for $289 million, creating Japan's largest cryptocurrency exchange and consolidating its digital asset ecosystem.
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SBI Holdings is set to acquire Bitbank for $289 million, creating Japan's largest cryptocurrency exchange and consolidating its digital asset ecosystem.

Japanese financial giant SBI Holdings is set to acquire crypto exchange Bitbank for $289 million, positioning it as Japan's largest crypto platform.

Polymarket onboarded 60% of its World Cup bettors as first-time crypto users, demonstrating the platform's role in mainstream crypto adoption.

Decentralized prediction market Polymarket onboarded a significant number of new crypto users, with 60% of its World Cup bettors being first-timers.

Pardoned ex-Binance CEO Changpeng 'CZ' Zhao stated his prison time was a 'character-building plus' and didn't hurt his business, as he moves into venture capital.

Stablecoin issuer Circle and Nomura are collaborating to integrate cross-border foreign exchange settlements into Japan's $440 billion daily forex market by next year.

Circle and Nomura are reportedly collaborating to introduce stablecoin-based foreign exchange (FX) settlement for Japanese companies.

Despite a relief rally lifting Bitcoin and Ethereum from weekly lows, persistent bearish derivatives positioning and negative CVD signal a fragile rebound.

Micron Technology's stock surged 16% after blockbuster earnings, reportedly dealing a blow to crypto bulls as capital shifts to AI equities.

Bitcoin and Ether led $1 billion in liquidation losses, with Bitcoin hitting its lowest point since early June amid a volatile AI trade.

Ripple's RLUSD stablecoin launched in Japan, cleared by the financial regulator as a new payment instrument and offered by SBI VC Trade, currently valued at $1.7 billion.

Bitcoin has climbed back above the $60,000 threshold, with Ethereum and Solana also recouping losses following a week of steep market declines.

Prediction market platform Kalshi is reportedly in talks to raise new capital at a staggering $40 billion valuation, almost doubling its last raise.

Prediction market operator Kalshi is reportedly targeting a $40 billion valuation and a new funding round in Q3, eyeing a potential public debut by 2027.

Bitcoin dipped to $60,000 as a South Korean memory chip giant filed for a $30 billion U.S. offering, signaling a shift in investor focus to AI.

Liquibit Capital's Alen Pavlović reported Bitcoin's June forced selling peaked near $68,000, days before its bottom, while Nonco's Caue Teixeri highlighted infrastructure as the prevailing currency.

A new pilot program gives US credit unions managing $25 billion in assets access to test stablecoin payments and other digital asset services.

Achieving perfect fairness in transaction ordering is impossible in asynchronous networks, a fundamental limitation impacting blockchain design.

Bitcoin (BTC) has plummeted 50% from recent highs, breaching its Rainbow Chart's floor and entering the "BTC is dead" zone, sparking analyst debate.

Gold, silver, and Bitcoin are experiencing a significant downturn as markets price in Federal Reserve interest rate hikes, unwinding the 'debasement trade'.

10x Research warns Bitcoin could drop to $55,000, citing a strengthening U.S. dollar and the Federal Reserve's hawkish stance under Kevin Warsh.

The CoinDesk 20 index moved higher, with Aave (AAVE) leading gains at 5.9% and Internet Computer (ICP) also rising 2% from Tuesday.

Changpeng Zhao (CZ), former CEO of Binance, seeks to clarify public 'misunderstandings' and redefine his image after stepping down.

Cboe has launched its first prediction market product tied to the S&P 500 index, driven by growing demand for binary options contracts.