Upbit is set to become a wholly-owned subsidiary of Naver, as the Korean IT giant seeks future growth momentum based on digital finance.

CEO Matt Schultz said the company has achieved operating leverage and is positioning its power portfolio for AI-driven data-center growth.

The Bernstein analysts also expect Coinbase to unveil its own prediction-markets platform at its Dec. 17 event.

Bitcoin's underperformance to equities signals a disconnect from fundamentals, making it a strong relative buy, K33's Vetle Lunde said.

Grayscale is looking to expand its lineup of cryptocurrency exchange-traded funds, this time with a product tracking Zcash.

Bitwise launched its Dogecoin ETF on Wednesday, debuting the product built around “a picture of a cute dog” on the New York Stock Exchange.

The Solana-focused digital asset treasury firm said proceeds will support its capital strategy as falling crypto markets weigh on corporate token treasuries.

S&P flagged gaps in Tether’s disclosures and reserve governance, saying key details on custodians and asset composition remain unclear.

The network introduces intent-based routing and multi-source liquidity, with unified verification expected later through Avail DA.

The story paints a picture of a company experiencing intense turmoil since deciding in August to pivot to a digital asset treasury strategy.

DWF will invest in founders “solving real structural problems in liquidity, settlement, credit, and on-chain risk management."

The miner’s “dual-engine” strategy uses bitcoin mining income to fund data center buildouts for AI and high-performance computing.

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

Bloomberg Senior ETF analyst Eric Balchunas predicts over 100 new crypto ETFs will launch in the next six months.

Launched in 2013, Xapo also offers bitcoin-backed U.S. dollar loans of up to $1 million and interest-bearing bitcoin and fiat accounts.

The approval lets Securitize operate at the market-infrastructure layer, going beyond its earlier brokerage and transfer-agent permissions.

The firm noted that exchange activity in ETH and altcoins also remained elevated, putting further downward pressure on prices.

Some have previously suggested that SpaceX was simply transferring bitcoin in an effort to consolidate its holdings.