Attacker Burns $3M to Trigger $4.9M Loss for Hyperliquid’s HLP Vault

A coordinated attack on Hyperliquid wiped out nearly $5 million from the protocol’s Hyperliquidity Provider (HLP) vault, when an unknown trader burned through $3 million in capital to manipulate the POPCAT market and trigger cascading liquidations.  Blockchain analytics company Lookonchain shared on Thursday that it all started when the attacker withdrew 3 million USDC (USDC)…

Bitcoin’s Second-Biggest Whale Accumulation Fails to Crack $106K Barrier

Bitcoin (BTC) rebounded 8.7% to $107,500 on Tuesday, following its four-month low of $98,900, as whales took advantage of discounted prices to add to their holdings. The price corrected to below $103,000 on Thursday, as $106,000 proved a tough barrier to break. Key takeaways: Bitcoin whales recorded their second-largest weekly accumulation of 2025. Long-term holders…

Taiwanese Premier Promises Bitcoin Reserve Assessment By End Of 2025

Taiwan is preparing to issue a formal report on its Bitcoin holdings, signaling that officials are weighing whether the country should follow the United States in creating a national Bitcoin reserve. Zhuo Rongtai, the Premier of the Republic of China (Taiwan), said the country is preparing a report to assess the total amount of Bitcoin…

Vitalik Buterin Signs and Advocates For Trustless Manifesto

Ethereum co-founder Vitalik Buterin has authored and signed the new “Trustless Manifesto,” which seeks to uphold core values of decentralization and censorship resistance and push builders to refrain from adding intermediaries and checkpoints for the sake of adoption. The Trustless Manifesto, also authored by Ethereum Foundation researchers Yoav Weiss and Marissa Posner, said crypto platforms…

JPX Weighs Crackdown on Crypto Treasury Firms

Update Nov. 13, 9:20 am UTC: This article has been updated to include an official statement from Metaplanet. Japan’s largest stock-exchange operator weighs new restrictions on publicly listed companies that pivot their core business into buying and holding crypto, signaling a potential shift in one of the most active markets for digital-asset treasury (DAT) firms. …

Is That Good Or Bad?

The phenomenon of financial bubbles is hotly debated among industry operators, and there are several academic papers on the subject, starting with Professor Didier Sornette’s 2014 study of financial bubbles. In fact, the paper defines a “bubble” as a period of unsustainable growth with prices rising faster and faster, i.e., growing more than exponentially. Obviously,…

Firm Behind First U.S. Spot XRP ETF Files for MOG Fund

Canary Capital is widening its bet on niche crypto assets with a new filing for an exchange-traded fund tied to MOG Coin, a cat-themed memecoin born from TikTok culture.The firm submitted a registration statement on Wednesday for the Canary MOG ETF, aiming to offer direct price exposure to MOG held by the trust, minus operating…

How Ripple Plans to Bridge Crypto and Wall Street: Inside Its $4B Expansion

Key takeaways:  Ripple is spending about $4 billion to combine prime trading, treasury tools, payments and custody into a single integrated setup. RLUSD trials aim to settle real card payments and corporate payouts onchain, then sync results back into ERP and TMS systems. To scale, Ripple needs strong controls with clear reserves, strict compliance checks…

BitFuFu Doubles Q3 Revenue as Cloud Mining Demand Surges

Singapore-based cloud Bitcoin miner BitFuFu doubled its third-quarter revenue from the previous year, driven by demand for cloud mining and equipment as miners sought to capitalize on the rising price of Bitcoin. Total revenue increased 100% to $180.7 million compared to the same period last year, with cloud mining making up $122 million, according to…

Crypto Market Faces Extreme Fear, but Patient Traders Accumulate

Crypto could see an “unexpected November rally” with the latest indicators showing traders are getting increasingly fearful, which usually results in a shift of money from weaker hands to long-term accumulators.  Social media comments about Bitcoin (BTC) are evenly split between bullish and bearish, while Ether (ETH) has just over 50% more bullish vs bearish…