Ether Machine and Dynamix mutually terminate their SPAC merger, scrapping a planned $1.5 billion yield-bearing ETH fund. The collapse reflects mounting pressures on Ethereum treasury strategies amid unfavorable market conditions.
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Coinbase-backed Ethereum layer-2 network Base restarted block production after an approximately two-hour outage caused by an invalid block. The incident marks another disruption for one of Ethereum's largest layer-2 networks following a previous outage in August 2025.
Kraken and Maple introduced an onchain warehouse financing facility that routes institutional crypto-backed loans through a bankruptcy-remote SPV with USDC senior debt from Maple. The partnership enables Kraken to scale lending activity without committing further capital from its balance sheet while tokenized credit surpasses $6.2 billion in value.
SBI Holdings will gain full control of Bitbank through a $289 million transaction that creates Japan’s largest crypto exchange by assets under custody, targeting 1.1 trillion yen and 2.92 million accounts while expanding its stablecoin, tokenization and blockchain infrastructure.
