Day: November 27, 2025

Do Kwon Seeks Five-Year US Sentence Over TerraUSD Collapse

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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,…

ETH Reclaims $3,000 Ahead of Fusaka Upgrade

Key Notes If bulls manage to hold ETH price above $3,000, it could stage the next move to $3,400. BlackRock’s ETHA ETF has recorded strong inflows, scooping 16,629 ETH, worth $50 million. The Ethereum Fusaka upgrade is expected to boost Ethereum’s scaling capacity. Amid the broader crypto market upside, Ethereum ETH $3 035 24h volatility: 4.3% Market cap: $366.28 B Vol. 24h: $21.42 B price has also gained 4% today, reclaiming the $3,000 levels. This comes as investors await the Fusaka upgrade scheduled next week on Dec. 3. Furthermore, with…

Cardano Recovery Signals Risk On As Traders Eye Best Wallet Token Presale

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What to Know: Cardano’s 6% open interest jump as $ADA eyes a $0.50 retest points to leveraged traders positioning for continuation, not a fleeting relief rally. As DeFi and real‑world use cases expand on Cardano and beyond, non‑custodial, multi‑chain wallets are becoming critical infrastructure rather than optional add‑ons. Many legacy wallets remain either centralized with single points of failure or too clunky on mobile, leaving a gap for secure, feature‑rich, user‑friendly alternatives. Best Wallet Presale targets 40% of the wallet market by 2026, merging Fireblocks MPC‑CMP security, multi‑wallet portfolios and…

How to Get Started with Bitcoin Mining (Full Beginner Guide)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin miners earn over $50 million a day, but is it too late to get started? In this video, I break down everything you need to know about Bitcoin mining; from how it actually works, to what mining pools are, the pros and cons of mining at home, how hosted mining works if you want to scale, and the best security practices to keep your Bitcoin safe. Whether you’re brand new or just crypto-curious, this is your beginner-friendly guide to getting started…

Tether to shut down Bitcoin mining operations in Uruguay over high energy costs

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Tether has reportedly confirmed its intention to cease its operations based in Uruguay. According to local media, Tether has informed Uruguay’s Ministry of Labor and Social Security during a meeting held at the headquarters of the National Directorate of Labor. Simultaneously, the USDT issuer has reportedly laid off 30 of its 38-member team, leaving only a skeleton crew behind. Summary Tether informed Uruguay’s Ministry of Labor that it will cease local operations. The company has laid off 30 members of staff. Uruguay’s high power tariffs reportedly made Tether’s bitcoin mining…

$300B Fed Liquidity, end of QT To Ignite Crypto Market Recovery: ARK Invest

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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 growing 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 firm ARK Invest. Another potential catalyst arrives on Dec. 1,…

How Crypto Exchange Upbit Got Robbed Again – Six Years Later, Same Date

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Upbit, South Korea’s dominant cryptocurrency exchange, suffered unauthorized withdrawals totaling approximately $36.9 million (54 billion won) early Thursday morning, marking the second time the platform has been breached on November 27. The exchange detected unusual activity at 4:42 a.m. local time when Solana-linked assets moved to an unidentified wallet address. Dunamu CEO Oh Kyung-seok disclosed the breach during a press conference at 12:33 p.m., just hours after the company had announced its merger with Naver Financial. Upbit’s Six-Year Anniversary of $50 Million Ethereum Theft The timing raised immediate concerns among…

1.55B USDC Floods Coinbase as Bitcoin Hits $91K

Key Notes Coinbase saw a net inflow of 1.55 billion USDC in 24 hours. Bitcoin broke above $91,000 as the market turned bullish. Bitcoin and Ethereum recorded notable outflows from CEXs. The strong USDC USDC $1.00 24h volatility: 0.0% Market cap: $75.93 B Vol. 24h: $14.16 B inflows into Coinbase, a leading centralized cryptocurrency exchange, triggered a market-wide buying spree. According to data from CoinGlass, Coinbase saw a net inflow of 1.55 billion USDC, the second-largest stablecoin, over the past 24 hours. On the other hand, most of the major…

Technance Introduces Institutional-Grade Infrastructure for Exchanges, Fintech Platforms, and Web3 Applications

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November 27th, 2025 – Dubai, United Arab Emirates 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 a unified suite of high-performance trading and liquidity solutions. Technance’s modular infrastructure enables businesses to deploy and scale digital asset products without the need to build complex in-house systems. The platform includes: • Liquidity Providing & Multi-Source…