What to know:

* Upbit has suspended digital asset withdrawals after detecting irregular activity involving Solana network tokens.
* Approximately $40 million worth of tokens were transferred to unauthorized wallets, but Upbit will cover all losses.
* The exchange is working with law enforcement and has frozen assets worth about 12 billion won related to the incident.

What to know:

* Amazon announced a $50 billion investment in AI and supercomputing infrastructure in the U.S.
* Markets are rallying across the board, with bitcoin retaking the $87,000 level and the Nasdaq rising more than 2%.
* Bitcoin miners, many of whom have shifted business models to focus on AI/HPC, are surging double-digit percentages in some cases.

What to know:

* Strategy (MSTR) stock has dropped 43% as institutional crypto investors use it to hedge losses amid limited on-chain options.
* Tom Lee of Bitmine Immersion says MSTR acts as a proxy for bitcoin due to its liquidity and large BTC holdings, making it the market’s preferred hedge.
* Crypto market liquidity remains weak post-October crash, forcing traders to short MSTR in the absence of robust crypto-native hedging tools.

What to know:

* Nvidia posted strong third quarter earnings alongside better than expected fourth quarter guidance.
* For the moment, the news has calmed jittery markets, with bitcoin climbing back over $90,000 from the day's low near $88,000.
* AI-linked crypto tokens surged as Nvidia reinforced its role at the core of the artificial intelligence boom.

What to know:

* Kraken has raised $800M to expand blockchain-based financial services, with $200M from Citadel Securities.
* The raise values Kraken at $20B and signals deeper ties between crypto firms and traditional finance giants.
* With fresh capital, Kraken plans global expansion and new products spanning trading, payments and tokenized assets.

What to know:

* BitMine Immersion Technologies acquired over 54,000 ether worth approximately $173 million, bringing its total holdings to nearly 3.6 million ETH.
* The company increased its cash reserves to $607 million.
* Chairman Thomas Lee attributed the current crypto price weakness to reduced market liquidity following the October crash, but argued the cycle hasn't topped yet.

What to know:

* Jeff Dorman said Strategy’s structure makes forced bitcoin sales unlikely, citing Saylor’s board control and debt terms.
* Peter Schiff predicted Strategy will “eventually go bankrupt” and challenged Saylor to debate him publicly.
* Strategy shares are down 33.42% year to date, compared with a 0.4% gain for bitcoin, and trade near a diluted mNAV multiple of 1.06x, according to StrategyTracker.

What to know:

* Self raised $9M from Greenfield Capital, SoftBank and others.
* The protocol provides zero-knowledge powered, privacy-preserving identity verification.
* The company introduced a points program rewarding verified user activity.

What to know:

* Polymarket founder Shayne Coplan said he launched the platform alone and with little money, using blockchain to build a global market from his bedroom.
* He argued that prediction markets offer better information than polls or sportsbooks by pricing real-world outcomes through peer-to-peer trading.
* Coplan sees future use cases for Polymarket in public policy, insurance, and AI-driven forecasting, calling it a new format for understanding risk and uncertainty.

What to know:

* Former BlackRock executive and co-CEO of Sharplink, Joseph Chalom, says Ethereum has the trust, security, and liquidity that Wall Street needs.
* At Sharplink, Chalom is staking billions in ETH and testing restaking strategies to unlock additional yield.
* He sees Ethereum as the long-term infrastructure for global finance, not just a blockchain for crypto assets.

What to know:

* The Senate Agriculture Committee published its draft crypto market structure bill, a necessary step as the Senate inches toward its own version of the House's Clarity Act.
* That committee's bill will need to be combined with its Senate Banking Committee counterpart before the Senate can advance the legislation, a process which may yet take months.

What to know:

* Ledger, a French company known for cryptocurrency hardware wallets, is considering an IPO in New York or a private financing round next year, according to Financial Times.
* CEO Pascal Gauthier emphasized New York's importance for crypto financing, citing increased hacking incidents as a driver for secure custody solutions.

What to know:

* X will keep Chat inside theX app, but will also ship a standalone X Chat in the coming months.
* Musk compared X Chat's peer-to-peer (P2P) encryption approach to bitcoin and said there are no advertising hooks.
* In-app Chat is currently in beta for Premium X users, offering text messaging, as well as file and media sharing. Audio and video calls are planned for future release.

What to know:

* Ripple, Mastercard, WebBank and Gemini are piloting stablecoin-based settlement for credit card transactions using RLUSD on the XRP Ledger.
* The test could mark one of the first times a regulated U.S. bank uses a public blockchain and stablecoin to settle fiat card payments.
* RLUSD has surpassed $1 billion in circulation and is regulated under New York’s Trust Charter.

What to know:

* Donut Labs raised $22 million across pre-seed and seed rounds in just six months, backed by BITKRAFT, Makers Fund, Sky9 Capital and Hack VC.
* The firm is developing Donut Browser, an AI-driven "agentic" browser that automates crypto trading, risk analysis and on-chain strategy execution.
* The product has attracted over 160,000 users on its waitlist, signaling strong demand for AI-native trading tools amid rising DeFi volumes.

What to know:

* Bitcoin's price drop from $112,000 to below $106,000 led to over $1.27 billion in leveraged futures liquidations.
* Long traders accounted for nearly 90% of the liquidations, with $1.14 billion in bullish bets erased.
* The largest liquidation was a $33.95 million BTC-USDT long on HTX, as Hyperliquid led platforms with $374 million in forced closures.

What to know:

* BitMine Immersion Technologies increased its ether holdings to nearly 3.4 million tokens, representing 2.8% of the total supply.
* The company's total crypto, cash, and equity holdings are now valued at $13.7 billion.
* BitMine's acquisition comes amid a challenging period for digital asset treasuries, with many firms' stock struggling to maintain their asset values and pivoting to buyback.