Category : CryptoNinjas

CryptoNinjas

Sandbox SAND Bridge Exploit Mints $49 Billion in Fake Tokens Across Base and BSC

Key Takeaways: A Sandbox bug enabled the creation of unbacked SAND tokens on Base and on BNB Smart Chain. Blockaid, a blockchain security firm, said that it found around $49 billion in face value fake SAND, which is over 400 transactions. Both affec...

Banks and Regulators Test Quantum-Safe Crypto Infrastructure Across 3 Regions

Key Takeaways: RFI and Safeheron announced a pilot program on quantum-resistant crypto wallet functionality and transfers. Banks will participate in testing ML-DSA-65 and MPC on a NEAR testnet. Security, interoperability and governance to be covered...

Fasset Hits $1B Valuation With $68M SBI Round to Scale Global Stablecoin Payments

Key Takeaways: Fasset has raised $68M through a Series C round of funding led by Japan’s SBI Group. The round estimates the value of the stablecoin fintech at $1B. Fasset does $40B+ in annualized volume, spread across 125 countries. User Scor...

Phantom Sets September 24 Cutoff as Sui Support Ends for Millions of Wallet Users

Key Takeaways: On 24 Sept 2026, Phantom will disable native support for the Sui network after reaching a mutual agreement with Sui. Sui assets will be kept securely onchain and users will no longer be able to see or use them in Phantom. Users will b...

Solana RWA Value Explodes 300% to $4B, Adding $3 Billion in Under 12 Months

Key Takeaways: For the first time in Solana’s history, the real-world asset ecosystem has surpassed $4 billion in total value. The RWA value was scaled up from approximately $1 billion in late 2025 to more than $4 billion in August 2026. The g...

BounceBit Shuts Down Layer 1 after An Authorization Exploit

Key Takeaways: After an attacker transferred 286.54 million BB from nine mainnet accounts, BounceBit will be permanently closing the BounceBit Chain. No private keys, signatures, wallets, or exchange accounts were breached, the exploit was related t...

CZ Says “Tokenize Everything” With BNB Chain RWA Holders Surging 370% to 776K

Key Takeaways: Binance founder, Changpeng Zhao, called upon nations and enterprises to tokenize assets for more global capital inflows and foreign direct investment. Though fragmented liquidity may be a challenge, CZ supports tokenization on multipl...

Bitcoin Miners Spend $30.7B on AI Pivot, Capex Runs 15X Above New Revenue

Key Takeaways: The total amount of capital assets owned by a 15-company cohort during their last 2026 periods was USD 30.7 billion. The net revenue from AI & HPC resulting from 9 comparable Bitcoin miners has been $341.2 million after spending...

Shinhan Targets $30 Trillion RWA Boom with KRW Tokenized Fund on Solana

Key Takeaways: Shinhan Asset Management is also creating a KRW-stablecoin-based tokenized fund on the Solana blockchain. The project follows BlackRock’s business BUIDL fund and is aimed at institutional investors. Partners conduct full tests of the...

Aster Launches Five USD1 RWA Perpetual Markets

Key Takeaways: Aster introduced five new USD1 marked RWA perpetuals on equities and commodities. The new markets are supported by a growth fund consisting of 250 million WLFI tokens and 12.5 million USD1. Aster will introduce additional USD-based re...

Ripple, Clearpool and Cicada Bring $930M Institutional Credit Push to XRP Ledger

Key Takeaways: Ripple, Clearpool and Cicada are introducing institutional lending to the XRP Ledger. Since 2021, Clearpool has arranged over $930 million in institutional loans. RLUSD will provide credit for fintech, payment providers and crypto ent...

BitGo Korea Scores VASP Approval, Unlocking South Korea’s $3T Crypto Market

Key Takeaways: On August 18, BitGo Korea went through the registration of VASP in South Korea’s FIU. This approval will be the first that an overseas crypto company has had in Korea. BitGo will continue to grow a regulated institutional custod...

SEC’s $75M Reg Crypto Plan Could Ignite Token Fundraising on Ethereum, Solana, BNB

Key Takeaways: Regulatory agencies proposed Reg Crypto for clearer guidelines on token fundraising. Grayscale believes there is upside to Ethereum, Solana and BNB Chain. Projects that will qualify may benefit from a fresh way of securing financing i...

$1B FalconX-Ethena Deal Puts USDe Backing to Work

Key Takeaways: FalconX and Ethena introduced a $1B secured lending facility for institutional credit. Overcollateralized loans to an institutional borrower will be given from assets backed by USDe. With the addition of this new return source, Ethena...

Trump Pushes CLARITY Act as $1.4B Crypto Ties Spark Major U.S. Regulatory Battle

Key Takeaways: Trump called on Congress to approve the CLARITY Act and enact tighter crypto guidelines. The legislation has languished in the Senate due to differences around political conflicts of interest. Clear legislation would give the U.S. mar...

Metaplanet Pours 2,100 BTC Worth $132M Into Superplanet for a U.S. Bitcoin Push

Key Takeaways: Metaplanet will be contributing 2,100 BTC valued at approximately $132.1 million to Super League. Super League will go under the name Superplanet, a U.S. bitcoin treasury site on the ticker SUPA. Following the closing of the transacti...

Kraken Unlocks 7,000+ US Stocks for EEA Users, Bringing Crypto and Equities Together

Key Takeaways: Kraken added 7,000+ stocks from the USA to eligible EEA customers. A user can trade stocks or 700+ xStocks and 600+ crypto currencies through a single account. Total transaction volume for the xStocks is in excess of $38 billion. Use...

Neuberger Berman and Securitize Introduced HINC – TheirFirst Tokenized Fund

Key Takeaways: Neuberger Berman and Securitize have introduced their first tokenized fund called HINC. Investors can participate in HINC’s offerings via Avalanche, Ethereum, Solana, and Sui. The fund is primarily looking at high current income...

Coinbase Launches US500 Perps, Bringing 500 U.S. Stocks Into One Crypto Contract

Key Takeaways: Coinbase has introduced US500 Perps, which enables traders to gain exposure to 500 top U.S. companies. It can be traded long or short and the contract is perpetual-style. Under its regulated derivatives regime, the product is now avai...

SEC Unveils $75M Crypto Fundraising Rules With New Token Safe Harbor Proposal

Key Takeaways: The SEC has proposed Regulation Crypto Assets in a framework for certain crypto investment contracts. Up to $5m or $75m in funding for each issuer would be available under specific exemptions. Certain crypto assets might also be eligi...

FalconX and Interstice Launch $9T Cross-Chain Engine Linking Canton, Solana and Ethereum

Key Takeaways: Interstice Digital and FalconX rolled out a non-custodial Cross-Chain Swap Engine that connects Canton, Ethereum, Solana, and Robinhood Chain. Known counterparties and atomic settlement: Both sides of a swap settle together or it fail...

Ripple Prime Secures $275M Funding Boost to Power Its Expanding U.S. Crypto Business

Key Takeaways: Ripple Prime issued a $275 million, senior notes issue to fund operations in the U.S. business. The unsecured notes were rated investment grade by KBRA. New capital is used for working capital, institutional crypto, and tech. User Sc...

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