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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 …