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.

Analysts said traders remain focused on macro signals, particularly on growing expectations for a December Fed rate cut.

Upbit identified 540 billion won worth of abnormal withdrawal of various assets on the Solana network from the platform.

Naver and Upbit plan to build a financial infrastructure that builds on top of AI and blockchain, according to multiple local reports.

Cathie Wood forecasted that the current liquidity squeeze will reverse in the near term, and said inflation may end next year.

Australia's Treasury submitted a new bill to parliament on Wednesday, seeking to require financial licenses for certain crypto platforms.

Crypto industry figures welcomed pro-entrepreneur measures but warned that wider tax and regulatory pressures could hurt UK competitiveness.

Ethereum increased its block gas limit to 60 million after securing majority validator support days before the Fusaka upgrade.

Prediction markets have quickly become one of the hottest private market themes in crypto and fintech, echoing earlier cycles.

Tuesday's pre-deposit event faced outages, changes in deposit cap, and a misconfigured multisig transaction.

In August, Kwon pleaded guilty to fraud charges stemming from the May 2022 collapse of Terraform Labs' Terra ecosystem.

Upbit initially reported a loss of 54 billion won ($36.8 million) but later revised the figure down to 44.5 billion won ($30.4 million).

BitMine Chair Tom Lee said Ethereum could possibly trade between $7,000 and $9,000 by the end of January 2026.

Six white hat actors recovered $3.86 million during the attack, but some declined to receive bounties as they do not want to be identified.

Animoca is planning to go public on the Nasdaq next year through a reverse-merger with Singapore-based Currenc Group.

Upbit said it discovered a vulnerability that could have allowed attackers to infer private keys from onchain wallet data.

The initiative was launched with CACEIS, which provides blockchain-based transfer agent infrastructure and a 24/7 digital order platform.