LC Insight
Friday, November 13, 2026Read the chain, not the rumors.

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Banks news and analysis from LC Insight: 2 stories, newest first.

Security

Rumor vs record: 128 Japanese banks went dark on November 6. Notices blame broken equipment

A viral reel says 128 banks in Japan were taken down all at once. The outage was real. The official notices we could read point to a failed piece of communications equipment, and none of them mention an attack.

AI & RWA

4.40% on a token: SoFi launches the first national bank-issued tokenized deposit for consumers

SoFi Earn (SOFIE) turns a dollar on deposit at SoFi Bank into a token that pays 4.40% and keeps FDIC coverage. Swap it for SoFi's stablecoin to spend or send, and that coverage ends.