HashKey, Hong Kong’s largest regulated cryptocurrency exchange, is set to go public in Hong Kong. In 2024, the exchange recorded a trading volume of approximately $81.9 billion, revenue of around $92.6 million, and a loss of about $99.3 million. It holds roughly $212 million in cash and cash equivalents, along with $76 million in digital assets. https://t.co/uCoUaSijD4 ...

Nate Geraci, President of The ETF Store, stated in a post on X that the first spot Chainlink ETF is expected to launch this week. He noted that Grayscale plans to upgrade and convert its existing Chainlink private trust into a publicly tradable exchange-traded fund (ETF).https://t.co/XEAXoX0Xjt ...

Market Analysis & Investment Strategy - Coinbase's Institutional Strategy Lead indicates the number of active Bitcoin wallets remains relatively stable compared to three months prior [1] - Open interest in CME and Coinbase Bitcoin futures has seen a slight decrease, but this movement doesn't correlate with price fluctuations [1] - The industry emphasizes the importance of dollar-cost averaging for volatile assets like cryptocurrencies [1] - The industry suggests that attempting to time the market perfectly can lead to negative consequences [1] - The industry advises investors who have made poor market timing decisions to learn from their mistakes and maintain consistent, long-term investment strategies [1] - Long-term consistency and persistence are crucial for achieving alpha performance in investments [1]

Yearn Finance’s yETH product was attacked, with the exploiter apparently minting nearly unlimited yETH to drain the pool in a single transaction and profit roughly 1,000 ETH (about $3 million), some of which was sent to Tornado Cash. Blockchain data indicate the attack involved several newly deployed contracts that self-destructed afterward, and the total scale of the losses remains unclear. Yearn said it is investigating the incident and noted that Yearn Vaults (both V2 and V3) are not affected. https://t. ...

Tether's Financial Position - Tether CEO states Q3 2025 attestation shows several billion dollars in excess reserves and total group equity approaching $30 billion [1] - Tether generates roughly $500 million in monthly base profits from U S Treasury yields [1] - External analyses, including S&P's, overlooked group equity, leading to misinterpretations of Tether's financial position [1] S&P's Assessment - S&P Global Ratings downgraded Tether's USDT stability assessment from "Constrained" to the lowest tier, "Weak" [1] - The downgrade is due to a higher allocation to riskier reserve assets and limited transparency [1] - Bitcoin now represents about 5.6% of USDT's reserves [1]

Asia’s weekly TOP10 crypto news (Nov 24 to Nov 30): UAE rolls out sweeping DeFi & stablecoin regulation; Japan plans mandatory exchange liability reserves; South Korea prepares penalties for major exchanges; Kazakhstan considers $300M crypto allocation; Uzbekistan to legalize stablecoin payments and morehttps://t.co/XnouZbUfqs ...

Strategy said it would only consider selling Bitcoin as a last resort—specifically if its mNAV drops below 1 and the firm can no longer raise capital. CEO Phong Le stressed there is no current plan to sell, reaffirming a long-term holding strategy, but noted that if premiums vanish and funding becomes difficult, limited technical sales may be necessary to protect shareholder value. https://t.co/0qsrn6mKqs ...

Vitalik Buterin said he hopes Zcash will avoid adopting token-based governance, arguing that token voting is flawed and could erode core values like privacy. He warned that privacy is especially vulnerable when left to decisions by the “median token holder,” and called token voting worse than Zcash’s current governance model. https://t.co/EYrZDbQ5be ...

Investment Strategy - National Bank of Kazakhstan (NBK) is considering investing in crypto assets [1] - The potential investment amount could be up to $300 million, but might range from $50 million to $250 million [1] - NBK will wait for the crypto market to stabilize before investing [1] - The funds will be sourced from the central bank's foreign exchange reserves [1] Regulatory Considerations - The investment decision is influenced by the recent crypto market downturn [1]

The Hyperliquid team confirmed that 1.75 million HYPE tokens were unlocked on Saturday for developers and core contributors, worth over $60.4 million at current prices. According to Hyperliquid developer iliensinc, the unlock is part of the project’s predefined vesting schedule and was announced in advance. For comparison, around 270 million tokens were fully unlocked on Nov. 29, 2024 — equivalent to about $9.5 billion at today’s market value. Hyperliquid has never raised external capital, so there are no i ...