Hong Kong's central bank warns of fake stablecoins using HKDAP and HSBC tickers circulating before any licensed ones launch. The HKMA stresses no connection to authorized issuers as regulators push for caution amid the new Stablecoins Ordinance.
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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.
