The post TON Slashes Fees 6x After Validator Vote appeared first on Coinpedia Fintech News

TON has significantly reduced its transaction fees after a validator decision, making transfers much cheaper across the network. Basic TON payments now cost a fraction of a cent, while USDT transfers have also dropped sharply, with prices staying stable even during high activity. The change is part of Telegram’s broader plan to build a faster and more usable crypto ecosystem for its massive user base. It is designed to encourage everyday payments while still protecting the network from spam.

The post Arbitrum DAO to Unlock $70M ETH for KelpDAO Recovery appeared first on Coinpedia Fintech News

Arbitrum DAO is voting to release 30,766 ETH (around $70M) previously frozen after the KelpDAO hack. The funds were secured by the Security Council and now require community approval to be redeployed. If the proposal passes, the ETH will be sent to DeFi United, a joint recovery initiative working to restore rsETH backing. The vote remains open until May 7, and approval would make Arbitrum one of the largest contributors to the recovery effort.

The post SBI Moves to Acquire Bitbank in Strategic Crypto Expansion appeared first on Coinpedia Fintech News

SBI Holdings is in advanced discussions to acquire Bitbank as part of a broader strategy to dominate Japan’s digital asset sector. The deal would involve purchasing shares after due diligence and regulatory approvals, though key terms remain undisclosed. This follows SBI’s recent integration of other crypto platforms, signaling aggressive industry consolidation. Bitbank, which had been preparing for an IPO, may instead become part of SBI’s expanding crypto ecosystem if the transaction is finalized.

The post Canada’s AIMCo Discloses $219M Stake in MicroStrategy appeared first on Coinpedia Fintech News

Canada’s Alberta Investment Management Corporation (AIMCo), a $142 billion sovereign wealth fund, has disclosed a $219 million investment in MicroStrategy by purchasing 1.38 million shares. This marks its first exposure to Bitcoin-linked treasury assets through the company known for holding large Bitcoin reserves. The move highlights growing institutional interest in indirect Bitcoin exposure via public markets. As one of Canada’s largest investment managers, AIMCo’s allocation signals increasing acceptance of Bitcoin-related corporate strategies among traditional financial institutions.

The post SHIB Early Whale Turns $13K Into $660M+ appeared first on Coinpedia Fintech News

An early Shiba Inu investor who bought 103.33 trillion SHIB for just $13,760 has continued to take profits, recently selling another 800 billion tokens worth about $4.9 million. Over time, the wallet has offloaded trillions of SHIB while still holding around 99.27 trillion tokens valued at roughly $625 million. Total realized gains have now crossed $660 million, marking one of the largest returns in crypto history, driven by early accumulation and long-term holding.

The post Wasabi Protocol Exploited for $5M+ appeared first on Coinpedia Fintech News

Wasabi Protocol has suffered a multi-chain exploit leading to losses of over $5 million across Ethereum, Base, Berachain, and Blast. Reports indicate the attacker used the deployer wallet to grant ADMIN_ROLE to a malicious helper contract, which then performed a UUPS upgrade of perp vaults and the LongPool. This upgrade replaced core logic with a harmful implementation that allowed funds to be drained across connected chains. The incident highlights risks in privileged access control and upgradeable smart contract designs in DeFi systems.

The post Upbit Lists MegaETH Across KRW, BTC, and USDT Markets appeared first on Coinpedia Fintech News

South Korea’s largest crypto exchange, Upbit, has announced the listing of MegaETH (MEGA) with trading pairs MEGA/KRW, MEGA/BTC, and MEGA/USDT. MegaETH is an EVM-compatible Layer 2 network designed for real-time performance, claiming over 100,000 transactions per second with near-instant latency. The MEGA token is used for governance, staking, and gas fees. The listing aims to expand access to high-speed blockchain infrastructure for traders on one of Asia’s biggest exchanges.

The post Bybit Removed from Malaysia Watchlist After Regulator Talks appeared first on Coinpedia Fintech News

Bybit CEO Ben Zhou said the exchange has been removed from the Securities Commission Malaysia’s Investor Alert List after constructive engagement and full alignment with local regulatory requirements. The development follows earlier enforcement actions but reflects improved compliance and cooperation with authorities. Zhou also highlighted Bybit’s investment in Malaysia-based licensed platform Hata, signaling a focus on regulated expansion. He emphasized that strong local infrastructure is key to trust, safety, and long-term crypto adoption in Malaysia’s growing digital asset market.

The post Solana Partners with South Korea’s Shinhan Card appeared first on Coinpedia Fintech News

South Korea’s largest credit card issuer, Shinhan Card, has signed a strategic MOU with the Solana Foundation to test stablecoin payments on Solana’s testnet. The project focuses on real-world customer and merchant transactions to evaluate speed, scalability, security, and user experience. Building on earlier successful trials, the initiative explores instant settlements, lower fees, and non-custodial wallet integration. The goal is to advance a hybrid blockchain payment model that could eventually serve over 28 million cardholders in South Korea.