Category: crypto
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Israel’s largest bank taps Galaxy for crypto trading
Bank Leumi, Israel’s largest bank, has partnered with Galaxy to offer Bitcoin, Ether, and Solana trading through its investment app starting in early 2027. This will make Bank Leumi the first Israeli bank to provide direct digital asset trading to its customers, expanding financial services through a secure and regulated framework.
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Tokenization stocks slide as legal concerns delay SEC innovation exemption
Tokenization-linked stocks plummeted up to 11.2% due to concerns delaying the SEC’s planned innovation exemption for blockchain-based securities. Bullish led the decline, while Coinbase and Circle also dropped. The SEC faces legal and market questions, causing uncertainty in the tokenization market. Regulatory delays have impacted tokenization infrastructure development.
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Nigel Farage faces renewed probe over $6.7m crypto-linked gift
Nigel Farage won the Clacton by-election with 63.34% of the vote, prompting an investigation into a $6.7 million gift and support from two crypto-linked figures. The investigation covers whether Farage failed to register financial interests and benefits received. Other political parties did not participate in the by-election. Farage’s victory has restarted the inquiry.
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Ireland AML strategy tightens crypto wallet checks through 2030
Ireland has introduced its first national anti-money laundering strategy through 2030, focusing on enhanced checks for private-wallet transfers and overseas crypto firms. The strategy aims to combat money laundering, terrorist financing, and proliferation financing. Ireland also implemented MiCA regulations and set standards for crypto source-of-funds in gambling.
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BNB Chain schedules security-focused Pasteur hard fork for Aug. 25
BNB Chain’s Pasteur hard fork on Aug. 25 aims to improve cross-chain transfers, validator controls, and transaction capacity from 1,237 to 2,324 TPS. The upgrade requires node operators to install BSC software v1.7.7 and introduces three proposals to enhance network security, governance, and transaction processing efficiency.
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SpaceX stock falls as $60B Cursor deal closes
SpaceX has completed a $60 billion stock-based acquisition of Anysphere, merging Cursor into its SpaceXAI business. Cursor is now a wholly owned subsidiary of SpaceX, with investors receiving 389.3 million SpaceX Class A shares. SPCX shares fell during Friday trading but recovered, with Morgan Stanley setting a $300 target.
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Ethereum study flags 65,340 risky addresses tied to $574.8M
A study at USENIX Security ’26 identified 65,340 high-risk addresses across Ethereum and BNB Smart Chain, leading to losses of 126,982.94 ETH and 17,726.7 BNB. The study found misuse of addresses related to contract and private key risks, with two new attack vectors causing approximately $15.7 million in losses.
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Strategy, Metaplanet face MSCI index removal proposal
MSCI is considering removing Strategy and Metaplanet from its Global Investable Market Indexes in November 2026. A simulation in May identified these companies, along with Yellow Cake, as potential deletions under proposed rules. The consultation on this proposal closes on September 30, with results expected by October 16.
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BitMine lands $81.9M stake from Norway wealth fund
Norway’s Government Pension Fund Global holds a $81.87 million stake in BitMine Immersion Technologies, indirectly giving exposure to Ethereum. The fund’s broader equity strategy includes investments in various companies. BitMine holds a significant amount of ETH and is aiming to reach a 5% stake in Ethereum’s total supply.
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CFTC sets Aug. 20 crypto talks as CLARITY vote waits
The CFTC will discuss crypto regulation, artificial intelligence, and prediction markets at its Innovation Advisory Committee meeting on Aug. 20. The meeting will focus on using existing statutory authority and complementing future congressional legislation on digital assets. The CLARITY Act faces a Senate test on Sept. 15, and the SEC canceled its planned Aug. 14…