President Trump names 4 SEC, CFTC nominees amid US crypto regulation debate
President Donald Trump names four SEC and CFTC nominees as Democrats prepare to control Congress and disagreements over US crypto regulation continue.
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Bitcoin firm Nakamoto extends $165M loan as stock value falls below debt
David Bailey's Nakamoto extends its $165 million Kraken loan into 2027 as falling Bitcoin prices reduce collateral value and debt exceeds market value.
South Korea’s Upbit halts Osmosis (OSMO) transfers after network failure
Upbit suspends Osmosis (OSMO) deposits and withdrawals after the blockchain stops producing blocks, while OSMO trading continues without interruption.
Akash Network’s AKT goes live on Solana as Cosmos migration begins
Akash Network’s native AKT token has gone live on Solana through Sunrise, giving holders access to the blockchain’s decentralized finance ecosystem as the project begins its planned migration away from Cosmos. In a November 12 announcement, Solana confirmed that AKT…
Why are Bitcoin, Ethereum and XRP crashing as crypto liquidity dries up?
Crypto market crash sends Bitcoin below $69K as Ethereum, XRP and Solana fall amid $14.2B in stablecoin withdrawals, ETF selling and Nvidia turmoil.
Ethereum price falls below $2,000, is a deeper crash coming?
Ethereum price drops below $2,000 as ETF outflows, Nvidia-related market uncertainty and nearly $250 million in ETH liquidations pressure traders.
Bitcoin price crashes below $70K as crypto liquidations hit $1.2B
Bitcoin price drops below $70,000 as a stronger dollar, Nvidia's CEO resignation, ETF outflows and more than $1.2 billion in liquidations hit crypto.
Gemini reportedly sells UK and EU units to KAST for under $10M
Gemini has reportedly sold its UK and European operations to stablecoin payments company KAST for less than $10 million, following its decision to leave those markets earlier this year. CoinDesk reported on Nov. 12 that Gemini Space Station, the company…
Thailand proposes 5M baht daily stablecoin transfer limits
Thailand’s securities regulator has proposed separate daily caps of 5 million baht on stablecoin deposits and withdrawals per customer at each regulated crypto operator, alongside checks requiring transfers to involve customers’ own verified wallets. Thailand’s Securities and Exchange Commission said…
XRP Ledger’s free Ankr nodes top 1.7M daily developer requests
The XRP Ledger Foundation has reported more than 1.7 million daily developer requests through its free Ankr-powered nodes, sharing a usage update on Nov. 12 for infrastructure launched in August. The XRP Ledger Foundation said in its announcement that it…
Binance says $6.3B hack losses covered, new reserve proof pending
Binance has announced that it has fully covered user assets affected by its $6.3 billion October hack and published a new Proof of Reserves snapshot, with the accompanying zero-knowledge proof still to come. Binance said in its Nov. 12 announcement…
Ethereum price slips below $2,000 as traders debate a rebound
Ethereum price has slipped below $2,000 before recovering to around $2,014 on Nov. 12, leaving traders divided over whether a closely watched support zone can hold as US spot Ether ETFs continue losing money. Ethereum’s $2,000 support faces renewed pressure…
Cardano Academy launches practicum with on-chain credentials
Cardano Academy has partnered with Andamio to launch a practicum that lets participants submit a build or pitch and claim a credential recorded on Cardano after a reviewer accepts their work. The Cardano Foundation announced the Cardano Academy Practicum in…
Arch Lending launches Bitcoin refinancing with 1-point rate target
Arch Lending has launched a crypto-backed loan refinancing program targeting interest rates at least one percentage point below borrowers’ existing rates, with origination fees waived for qualifying customers. Arch Lending said in its Nov. 12 announcement shared with crypto.news that…
Visa adds Western Union’s USDPT to $25B settlement program
Visa has added Western Union’s USDPT stablecoin to its settlement network through a partnership with Anchorage Digital, giving eligible partners another way to pay their VisaNet obligations. Anchorage Digital’s announcement confirms that Visa and eligible partners can now use USDPT…
Securitize opens $100M BUIDL liquidity facility with Ethena
Securitize has launched a liquidity facility with up to $100 million in capacity for eligible holders of BlackRock’s BUIDL fund, allowing exchanges to access supported stablecoins outside traditional market hours with support from Ethena. Securitize announced the launch on Nov.…
Old Glory Bank targets 2027 crypto launch after funding setback
Old Glory Bank has outlined plans to launch its NextGen banking platform in the first quarter of 2027, pairing traditional accounts with crypto services after a financing deal stalled during Federal Reserve review. Old Glory Bank said in recent public…
Bitcoin falls below $72,000 as selling puts $70,000 in focus
Bitcoin has fallen below $72,000 on Nov. 12, losing another layer of support as its daily chart shows prices slipping outside the lower Bollinger Band and its weekly recovery continues to unravel. TradingView’s Binance BTC/USDT chart showed an intraday low…
Hyperliquid whale holds $9.35M Nvidia long as stock drops 10%
A Hyperliquid whale has placed $3.04 million in orders to add to a $9.35 million Nvidia long position as the chipmaker’s shares have fallen roughly 10% in premarket trading following Jensen Huang’s resignation on Nov. 12. Lookonchain identified the trader…
Stacks (STX) outlook for 2027: What could drive STX demand?
The STX outlook for 2027 will largely depend on growing Bitcoin staking adoption, institutional participation and whether new financial services on Stacks can create sustained demand for the network’s native token. Bitcoin staking already requires participants to commit STX alongside…
Tether Gold gets first Big Four audit after five years of limited disclosures
Tether Gold (XAUT) has completed its first Big Four financial audit, with KPMG U.S. issuing an unqualified opinion on the gold-backed token’s 2025 financial statements more than five years after its launch. According to Tether’s November 12 announcement, the audit…
Nvidia trader liquidated for $1.54M after Jensen Huang resignation
A crypto trader has suffered a $1.54 million liquidation on Hyperliquid after Nvidia CEO Jensen Huang resigned, triggering heavy selling across leveraged positions tied to the chipmaker’s shares. According to blockchain analytics platform Lookonchain, trader 0x7368 was fully liquidated on…
Jensen Huang resigns as Nvidia CEO as Bitcoin falls below $73,000
Nvidia co-founder Jensen Huang has resigned as chief executive officer and board member after 33 years at the company, as a leadership scandal rattled technology stocks and Bitcoin fell below $73,000. According to Nvidia’s official announcement on November 12, Huang’s…
Hyperion DeFi reports record Q3 profit as HYPE treasury hits $168M
Hyperion DeFi has reported a record $39.6 million in net income for the third quarter of 2026, up 28% from the previous quarter, even as the Nasdaq-listed company reduced its HYPE token holdings to repay outstanding debt. According to its…
Bit Digital’s Ethereum holdings reach $439M as Q3 profit rebounds
Bit Digital reports $28.5M in third-quarter profit and 163,726 ETH worth $439.4M at September's close, while staking and WhiteFiber revenues change.
Tron, Tether and Chainalysis launch task force to fight AI crypto scams
Tron, Tether and Chainalysis launch a Digital Crime Task Force to track illicit USDT, combat AI-powered scams and help authorities freeze stolen funds.
Sygnum launches Ethereum fund targeting 8–10% annual ETH returns
Sygnum launches an Ethereum fund targeting 8–10% annual returns in ETH through staking, options and arbitrage, for eligible professional investors.
Binance user says $400K is frozen over US court order
A Binance user says 400,000 USDT is blocked from withdrawal over a reported Colorado court order, despite submitting proof of funds to the exchange.
Backpack signs agreement with Japan’s Minna Bank for crypto services
Crypto exchange Backpack has signed a cooperation agreement with Japan’s Minna Bank to explore integrating banking services into its planned cryptocurrency trading platform in the country. According to a November 12 announcement, Minna Bank, a digital banking subsidiary of Fukuoka…
Ethlabs proposes faster Ethereum quantum upgrade over AI concerns
Ethereum quantum security could arrive in 2027 under an Ethlabs proposal that calls for changes to Hegotá as AI-related risks draw attention.