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What changes for Bitbank after SBI completes its takeover?

SBI Holdings has completed its takeover of Bitbank, making the Japanese crypto exchange a wholly owned subsidiary after the final share transactions were carried out on Oct. 1. According to Bitbank’s announcement on Wednesday, the exchange completed the repurchase of…

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MetaMask is exiting validators. Where does the staked ETH go next?

MetaMask has started taking affected Ethereum validators offline after disclosing a security incident in part of its infrastructure. The company says client withdrawal keys are outside its control. That distinction matters, but it does not make the transition instantaneous: an…

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India beats Singapore and Australia in centralized crypto exchange inflows

India has remained Central and Southeast Asia and Oceania’s largest market for centralized crypto exchange inflows, receiving $88.4 billion through CEXs even as its overall crypto economy contracted 14.7% during the latest reporting period. According to Chainalysis, India recorded $135…

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Could Japan trigger another yen carry trade shock for Bitcoin?

The Japanese yen has fallen past 158 against the dollar after traders cut expectations for another Bank of Japan rate hike this month, keeping yen funded carry trades attractive for now while raising the risk of another abrupt reversal that…

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Lloyds uses USDC to settle $750,000 with Visa in under an hour

Lloyds Banking Group and Visa have completed a seven day live stablecoin pilot that settled $750,000 in cross border payment obligations, with funds reaching Visa in under an hour even during the weekend. According to Lloyds Banking Group, the trial…

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Ethereum price outlook as Joseph Lubin linked wallet moves 133,298 ETH

Ethereum price held above $2,700 on Oct. 1 as a wallet linked to Ethereum co founder Joseph Lubin moved 133,298 ETH, raising questions over whether the large transfer could eventually add selling pressure to the market. Onchain tracker Lookonchain reported…

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Can Binance keep serving EU customers without a MiCA license?

Binance is facing scrutiny from European regulators over its use of a MiCA exemption to continue serving some EU customers after entering July without authorization to operate across the bloc. According to a Financial Times report on Oct. 1, the…