Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

Today in crypto, Japan's SBI holdings signed a $289 million deal to acquire cryptocurrency exchange Bitbank, DeFi platform Abracadabra took emergency action after its Magic Internet Money depegged 50%, while US President Donald Trump postponed signing a housing bill that includes a ban on central bank digital currencies (CBDCs).

SBI to acquire Bitbank in $289M deal

SBI Holdings has signed agreements to acquire full control of crypto exchange Bitbank through a 46.7 billion Japanese yen ($289 million) transaction, advancing a deal first disclosed in May that would create the country's biggest crypto exchange.

Read more