The **California Public Employees’ Retirement System (CalPERS)**, America’s largest public pension fund with $500 billion in assets, is nursing a **$64 million paper loss** on its maiden foray into cryptocurrency proxies. An SEC filing revealed the fund’s Q3 purchase of 448,157 **MicroStrategy (MSTR)** shares—valued at over $144 million at acquisition—has shriveled to roughly **$80 million** as of November 27, 2025, …

Asian markets kicked off November 28, 2025, with a bifurcated tone: **Bitcoin (BTC)** clung to $91,000 resilience, buoyed by institutional inflows and **Federal Reserve rate cut** speculation, while regional equities sputtered amid profit-taking and geopolitical jitters. Traders navigated a post-rally cooldown, questioning if the global rebound—sparked by U.S. tech gains—can sustain amid inflation worries and slowing China data. BTC traded …

Ethereum Layer-2 contender **MegaETH** has initiated a complete rollback of its **USDm pre-deposit campaign**, refunding approximately **$500 million** in user funds after a cascade of technical blunders derailed the November 25, 2025, launch. In a candid X thread, the team admitted “execution was sloppy,” citing misaligned expectations around preloading collateral for 1:1 USDm conversions at mainnet. This **MegaETH refund** move, …

The **South African Reserve Bank (SARB)** has decisively paused its **retail central bank digital currency (CBDC)** ambitions, declaring no “compelling immediate need” for a digital rand accessible to everyday consumers. In a position paper released November 27, 2025, after years of research and stakeholder consultations, SARB emphasized upgrading the national payments ecosystem over launching a new digital currency amid persistent …

The Philippines stands on the cusp of a financial revolution, with a groundbreaking report projecting a **$60 billion tokenized asset market** by 2030, fueled by blockchain’s seamless integration into everyday digital wallets. Titled “Project Bayani: The Philippines’ Asset Tokenization Opportunity,” the white paper—released November 27, 2025, by the Philippine Digital Asset Exchange (PDAX), Saison Capital, and Onigiri Capital—charts a path …

Ethereum (ETH) is teetering on the brink of a breakout, buoyed by a staggering **$2 billion institutional wager** on Bitcoin’s rebound that analysts say will cascade into altcoin gains, including ETH’s climb toward $3,900 by November’s end. As of November 28, 2025, ETH hovers near $2,850—down 17% from its $3,400 yearly peak—but on-chain signals scream accumulation, with whales scooping $1.37 …

South Korea’s premier cryptocurrency exchange, **Upbit**, fell victim to a sophisticated **$30.4 million hack** on November 27, 2025, with authorities pointing fingers at North Korea’s infamous **Lazarus Group**. The breach, draining 44.5 billion won in Solana-based assets from a hot wallet, eerily echoed the group’s 2019 heist that pilfered 342,000 ETH from the same platform—now valued at over $1 billion. …

Ethereum co-founder **Vitalik Buterin** continues his crusade for digital sovereignty, donating **128 ETH** (valued at approximately $384,000 at current prices) to **Session**, a decentralized messaging app championing metadata privacy and permissionless access. Announced via X on November 26, 2025, the gift underscores Buterin’s vision for encrypted communication that evades surveillance, amid rising threats from data breaches and regulatory overreach like …

FC Barcelona’s latest venture into blockchain has backfired spectacularly, drawing fierce criticism for a three-year sponsorship with Zero-Knowledge Proof (ZKP), an obscure Samoa-registered crypto startup. Announced on November 15, 2025, the deal names ZKP the club’s “Official Cryptographic Protocol Partner” through 2028, promising privacy-focused AI tools for fan engagement and athlete data analysis. Yet, with Barcelona drowning in €469 million …

In a rare setback for the world’s largest derivatives marketplace, **CME Group** suspended trading across key futures and options platforms early Friday due to a **cooling system malfunction** at its Chicago-area data center. The outage, triggered by a chiller plant failure at third-party provider CyrusOne’s CHI1 facility, halted operations on the Globex electronic platform, impacting billions in daily volume and …