Crypto

Terraform Labs co-founder Do Kwon asked a US court to limit his prison term to five years as he faces a separate case in South Korea. Terraform Labs co-founder Do Kwon asked a US judge to cap his prison time at five years for his role in the collapse of the Terra ecosystem, which erased about $40 billion from crypto markets in 2022. In a court filing on Wednesday, Kwon argued that a longer term would be excessive given the punishment he has already served and the penalties he has agreed to accept, according to Bloomberg. Kwon pleaded guilty in August to two counts of wire fraud and conspiracy to defraud after being extradited from Montenegro, where he had been detained. His lawyers said he had spent almost three years behind bars, “with more than half that time in brutal conditions in Montenegro,” and that he had already paid a heavy personal and financial price. Read more

Market chop aside, Wall Street is rolling out Bitcoin (BTC) exposure to advisors through structured notes and ETF-collateralized lending. The bank simultaneously faces debanking blowback after Strike CEO Jack Mallers said his personal Chase accounts were shut. The juxtaposition spotlights institutionalization for clients versus risk-control for crypto-native principals. On one side, JPMorgan moves BTC exposure […] The post Pick a side: JPMorgan opens leveraged Bitcoin access to retail while closing crypto CEO’s account appeared first on CryptoSlate.

The metric is above $3.2 trillion on CG again.

COIN closed at $264.97, 4.27% higher on the day, accompanying a relative recovery in the crypto market, which saw bitcoin gain over 3.3% to reclaim $90,000.

The designation means licensed firms can use the dollar-pegged token for regulated activities, placing it into a small group of tokens permitted by the ADGM’s ring-fenced financial system.

ARK Invest expects another $300 billion in liquidity to return after the government shutdown, a development that may alleviate the “liquidity squeeze” affecting crypto and AI valuations. Equities and cryptocurrency markets may be setting up for a year-end reversal as liquidity improves and US monetary policy turns more supportive following the end of the record government shutdown. Improving market conditions will be driven by the increasing liquidity, which has already returned $70 billion into markets since the end of the US government shutdown, with another $300 billion expected to return over the next five to six weeks as the Treasury General Account normalizes, according to investment management company ARK Invest. Another potential catalyst will arrive on Dec. 1, when the US Federal Reserve is scheduled to end its quantitative tightening program and pivot toward quantitative easing, a shift that involves bond-buying to lower borrowing costs and stimulate economic activity. Read more

Over 580K BTC left exchanges in under a week as whales move funds, funding flips negative, and Bitcoin retests key resistance zones.

Upbit says customers won’t bear losses after a $38.5 million Solana outflow, pledging to cover the damage from its own reserves.

[PRESS RELEASE – Dubai, United Arab Emirates, November 27th, 2025] Technance, a global provider of digital asset and trading infrastructure, has announced the launch of its expanded enterprise technology stack designed for crypto exchanges, neobanks, brokerages, and Web3-native platforms. The company aims to bridge the gap between traditional finance and digital asset markets by offering […]

The Philippines has a $60 billion opportunity in asset tokenization, potentially transforming its capital markets by 2030.

The breach occurred as Upbit’s parent company, Dunamu, sealed a $10 billion acquisition deal with Naver and plans an initial public offering in the US. Update Nov. 27, 9:23 am UTC: This article has been updated to include comments from Trezor CEO Matej Zak. South Korea’s biggest crypto exchange, Upbit, temporarily froze deposits and withdrawals on Thursday after detecting about $36 million in unauthorized outflows from a Solana-network hot wallet.  In an announcement, the exchange said the suspicious transfers were flagged around 4:42 am local time (7:42 pm UTC), prompting a shutdown of transfer services and a full security review of its supported crypto assets.  Read more

Ripple’s dollar-backed stablecoin secures a major regulatory win as Abu Dhabi allows licensed firms to use RLUSD inside its international financial center. Ripple’s dollar-pegged stablecoin was cleared for use by institutions in Abu Dhabi after winning recognition as an Accepted Fiat-Referenced Token by the local watchdog. In a Thursday announcement, Ripple said the approval allows regulated firms to deploy Ripple USD (RLUSD) inside the Abu Dhabi Global Market’s (ADGM) financial zone,  an international financial center and free zone located on Al Maryah and Al Reem Islands in Abu Dhabi. “With a market capitalization of over $1 billion and growing adoption in core financial uses like collateral and payments, RLUSD is quickly becoming a go-to USD stablecoin for major institutions,” said Jack McDonald, senior vice president of stablecoins at Ripple. Read more

The Nasdaq plans to increase the limit on positions for options contracts for BlackRock’s flagship Bitcoin ETF.

Total XRP ETF assets crossed $628 million, absorbing nearly 80 million tokens in 24 hours, making for a stronger initial response than Solana’s ETF debut earlier this year.

The partnership is aimed to improve the overall gaming experience within the Pi ecosystem.

The recent market meltdown has been particularly brutal for altcoins, with many of them getting crushed back to bear market lows. 

South Korea’s largest crypto exchange halted services and shifted assets to cold storage after detecting unauthorized withdrawals.

Ethereum co-founder Vitalik Buterin has just donated over $760,000 in Ether to two projects he says are pushing digital privacy forward. Ethereum co-founder Vitalik Buterin has disclosed a donation of approximately $760,000 in Ether to two crypto messaging apps that he views as pushing the boundaries of digital privacy.  Encrypted messaging apps, like Signal, are “important for preserving our digital privacy,” Buterin said in an X post on Wednesday, adding the next steps for the space should be permissionless account creation and metadata privacy. Decentralized messaging apps Session and SimpleX Chat are “pushing these directions forward,” Buterin said, adding that he “donated 128 ETH to each” and encouraged users to try them.  Read more

Australia has taken another step to introduce legislation that will subject crypto platforms to the same laws and licensing obligations as financial institutions. Australia’s government has introduced a new bill that will regulate crypto platforms under existing financial services laws after an industry consultation saw cautious support for the legislation. Assistant Treasurer Daniel Mulino introduced the Corporations Amendment (Digital Assets Framework) Bill 2025 on Wednesday, which would require crypto companies such as exchanges and custody providers to obtain an Australian Financial Services License (AFSL). “Across the world, digital assets are reshaping finance,” Mulino told the House on Wednesday. “Australia must keep pace. If we get this right, we can attract investment, create jobs and position our financial system as a leader in innovation.” Read more

Technical analysis shows DOGE breaking above resistance with a significant volume surge, indicating bullish momentum.