Day: 28 November 2025

Quick Breakdown  HFIAM received SFC approval to provide virtual asset advisory and manage portfolios for professional investors. The upgrade allows management of standalone virtual asset funds with over 10% crypto exposure. Hang Feng aims to expand digital asset offerings, bridging traditional finance and blockchain solutions.   Hang Feng Technology Innovation ...

Quick Breakdown  WEMADE forms a global alliance with Chainalysis, CertiK, and SentBe to accelerate its KRW-backed stablecoin ecosystem. New security, compliance, and audit layers strengthen StableNet ahead of its 2026 mainnet launch. SentBe enables cross-border payment integration, positioning the won for global use in digital assets.   WEMADE has launched ...

Quick Breakdown  Paxos’ USDG0 stablecoin launches on Aptos, enabling cross-chain transfers with LayerZero’s burn-and-mint model. USDG0 offers regulated, 1:1 USD backing under Singapore MPI and Europe MiCA licenses for institutional adoption. Aptos stablecoin ecosystem grows, supporting wallets, DeFi protocols, and expanding market cap to $1.63B.   Paxos Labs has expanded ...

Quick Breakdown  Bybit now supports USDT0 deposits and withdrawals on Mantle Network, enabling seamless cross-chain stablecoin transfers. USDT0 uses LayerZero’s mint-and-burn model, providing a unified liquidity layer without fragmented bridges. Integration offers fast, low-cost transfers, direct access to Bybit markets, and free withdrawals during the initial rollout.   Bybit has ...

Quick Breakdown  SARB says there is no immediate need for a retail CBDC, prioritizing payment system upgrades instead. The bank warns that crypto and stablecoins pose risks and may be used to evade capital controls. Globally, CBDC development is accelerating, with 49 countries currently running pilots. SARB pushes modernization over ...

Quick Breakdown  Polygon predicts 100,000 stablecoins within five years, triggering a “super cycle” in digital assets. Banks face capital outflow, prompting the rise of deposit tokens to retain on-chain liquidity. Settlement layers and cross-chain infrastructure will streamline stablecoin use for consumers and institutions.   As digital assets reshape global finance, ...

Quick Breakdown  MegaETH to refund all pre-deposit funds after misconfigured multisig and bridge outage disrupted USDm launch. Deposits unintentionally reopened early, pushing contributions beyond $400M. Refunds will begin after a contract audit, with a new USDC–USDm bridge planned before the Frontier mainnet beta.   Ethereum Layer-2 project MegaETH says it ...

Quick Breakdown  Justin Sun publicly accused TUSD custodians of diverting hundreds of millions in reserves into risky ventures. He said he injected nearly $500M to prevent a liquidity crisis and welcomed Dubai’s global asset freeze. Legal disputes involving Techteryx, First Digital Trust, and Aria Commodities continue in Hong Kong and ...

Quick Breakdown  DEX trading has surged to record highs in 2025, mainly driven by memecoin speculation and Binance-linked routing flows. DEX spot volumes hit $419B in October, while the DEX/CEX spot ratio reached an all-time high of 37.4% in June. Perpetual futures activity on DEXs is also climbing, with new ...

Quick Breakdown  BitMine Immersion Technologies added 14,618 ETH in a new $44M acquisition, reinforcing its aggressive Ethereum accumulation strategy. The company now controls about 3.63 million ETH, roughly 3% of all circulating coins valued at over $10B. Analysts say the firm’s long-term staking plans could help trigger a corporate-driven Ethereum ...