HashKey Group is planning an initial public offering (IPO) in Hong Kong that could raise up to $215 million, positioning it to become the city’s first listed crypto exchange. The company aims to sell about 240.6 million shares at a price range of HK$5.95 to HK$6.95, implying a valuation of around HK$19 billion at the top end.

HumidiFi’s chaotic $WET token presale on Solana has sparked controversy after on-chain analytics platform Bubblemaps exposed a Sybil-style bot attack linked to a single actor known as “Ramarxyz.” Using more than 1,000 wallets, this entity allegedly sniped around 70% of the WET public presale allocation on Jupiter Exchange’s Decentralized Token Formation (DTF) launchpad, causing the sale to sell out in just two seconds before most retail investors could participate.

Upbit’s recent $36 million Solana hot wallet hack underscores the evolving role of hot wallet insurance in crypto exchange security. After detecting unauthorized withdrawals, Upbit’s CEO pledged that all losses would be covered from the company’s own holdings, mirroring its response to a $50 million Ethereum hack in 2019.

The Chicago Mercantile Exchange (CME), the world’s largest financial derivatives exchange, abruptly halted trading for around 10 hours from Thursday into Friday due to a “cooling issue” at the CyrusOne data center in Illinois. The outage stopped trading across CME markets and was resolved with services fully restored by 1:30 pm UTC on Friday.

Strategy Inc. (formerly MicroStrategy) has built a massive $56 billion Bitcoin treasury, holding over 641,000 BTC — nearly 3% of Bitcoin’s total supply — but this aggressive Bitcoin accumulation strategy is now blocking its path into the S&P 500 index. Fueled by $21 billion in equity, preferred stock, and convertible debt issued in 2025, the company transformed from a traditional software and analytics firm into a de facto leveraged Bitcoin investment vehicle.

Crypto treasury firms are facing a $130 billion “value reckoning” as spot Bitcoin and Ethereum ETFs reshape how investors access digital assets. For years, Digital Asset Treasury (DAT) companies like MicroStrategy (now Strategy) and Metaplanet traded at hefty premiums because they offered one of the few regulated ways to gain Bitcoin exposure via corporate balance sheets.

The SEC’s Crypto Task Force has scheduled a public “Roundtable on Financial Surveillance and Privacy” at its Washington, D.C. headquarters. The session, led by Commissioner Hester Peirce, will gather regulators, technologists, market participants, and civil-liberties advocates to discuss how oversight should work in an on-chain world where transactions are transparent by default but users still expect some level of privacy.

Pig-butchering scams, a form of long‑con crypto investment fraud, have exploded from a niche consumer issue into a major national security threat, according to Chainalysis and financial crime experts. In these schemes, scammers build trust over weeks or months—often via online romance or friendship—before steering victims into fake cryptocurrency investment platforms and draining their funds.

The Czech National Bank (CNB) has quietly purchased around $1 million in Bitcoin (BTC), USD-backed stablecoins, and a tokenized deposit, creating a dedicated “test portfolio” for digital assets. This move comes despite European Central Bank (ECB) President Christine Lagarde’s firm stance that Bitcoin should not be included in central bank reserves under the ECB’s umbrella.

Bitcoin Depot (Nasdaq: BTM), the largest Bitcoin ATM operator in North America, is expanding into Hong Kong as part of its Asia growth strategy, targeting markets with strong demand for easy cash-to-crypto access. The company aims to rank among the top five Bitcoin ATM operators in Hong Kong, underscoring the city’s momentum as a global crypto hub.

The Nasdaq has confirmed that the Canary XRP ETF will begin trading on 13 November 2025 under the ticker symbol XRPC, marking the first spot XRP ETF in U.S. history. The listing follows Canary Capital’s Form 8-A filing received by the SEC on 10 November, which triggered automatic approval, per Bloomberg ETF analyst Eric Balchunas. The ETF will list on the Nasdaq Global Market with a 0.50% management fee and track the XRP-USD CCIXber Reference Rate Index.

Visa announced a new Visa Direct pilot that lets businesses fund payouts in fiat while recipients opt to receive funds in USD-backed stablecoins like USDC, enabling near-instant, borderless transfers to on-chain wallets. Revealed at Web Summit and expanded from a SIBOS 2025 pilot, the initiative targets faster, more flexible cross-border payments and financial inclusion in regions with currency volatility or limited banking access.

Gemini, the crypto exchange founded by the Winklevoss twins, reported a strong Q3 performance with net revenue rising 52% to roughly $49.8 million, driven by higher transaction fees and fast-growing services such as its crypto credit card, staking, and custody offerings. Trading volume climbed, and services revenue surged, reflecting Gemini’s push into diversified crypto products and international expansion. This marks Gemini’s first earnings update since its Nasdaq IPO under

The UNI token, native to leading decentralized exchange Uniswap, rocketed nearly 40% to around $9.70 after the Uniswap Foundation and Uniswap Labs unveiled the “UNIfication” proposal—a set of token-friendly updates designed to enhance UNI’s value proposition. Central to the plan is a protocol-level fee switch that will automatically burn collected fees, alongside an immediate burn of 100 million UNI (roughly 16% of the circulating supply).

Australia-based Propanc Biopharma announced it secured up to $100 million in funding from Hexstone Capital to build a crypto treasury and accelerate development of its lead cancer therapy PRP, which targets metastatic solid tumors. The private placement, structured as convertible preferred stock, includes an initial $1 million with up to $99 million available over the next 12 months.

Samourai Wallet co-founder Keonne Rodriguez received the maximum sentence of five years in federal prison for operating an unlicensed Bitcoin mixing service that prosecutors said laundered more than $200 million in illicit funds. Judge Denise Cote of the Southern District of New York also imposed a $250,000 fine, underscoring the court’s view that the service was designed to obfuscate blockchain transaction trails and enable crypto crime tied to darknet markets, hacks, and fr

The U.S. government shutdown has stretched to 38 days, stalling the long-anticipated crypto market structure legislation known as the CLARITY Act as the Senate readies a critical funding vote. The Republican-backed proposal needs 60 votes to advance; however, partisan disagreements over Affordable Care Act subsidies and expiring tax credits have frozen progress.

Take back control of your money with DeFi. We break down the benefits, trade‑offs, and smart security practices to keep your crypto safe and your freedom intact.

The goal isnt to get rich fast. Its to stay wealthy long enough to matter. Learn how to build a crypto portfolio you can sleep on, grounded in risk, reality, and reward.

Franklin Templeton has unveiled the Franklin OnChain U.S. Government Money Fund for professional investors in Hong Kong, a first-of-its-kind “end-to-end” tokenized money market fund that issues, distributes, and services its shares entirely on a blockchain ledger — while still operating under the European UCITS regulatory umbrella.