Kraken to buy Backed Finance in tokenization push ahead of IPO
Kraken has acquired Backed Finance, the tokenized-asset issuer behind its xStocks products, as the exchange pushes deeper into RWAs. Source link
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Bank of America backs 4% crypto allocation cap, ending adviser restrictions and adding bitcoin ETF coverage: report
BofA is recommending that wealth clients allocate up to 4% of their portfolios to crypto and will begin CIO coverage of four bitcoin ETFs in...
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Bitcoin miners face worst profitability crunch on record, analyst says
While BTC has rebounded above $87,000 after a harsh selloff, analysts say liquidity has returned without momentum. Source link
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Tom Lee’s Ethereum DAT BitMine now holds 3% of the total ETH supply
Chairman Tom Lee said the firm acquired 96,798 ETH in the past week alone, a 39% weekly increase, despite market turbulence. Source link
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Kalshi and Polymarket post strongest months yet with nearly $10 billion in combined November volume
Market share data shows the pair now dominates sector-wide flows, forming a fast-consolidating duopoly amid growing capital formation. Source link
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Bitcoin faces ‘late-cycle fragility’ as whale accumulation slows, retail interest surges: analysts
Bitcoin’s drop to $86,000 has coincided with slowing whale accumulation and rising retail buying — a late-cycle pattern that, analysts say, heightens fragility. Source link
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Upbit says emergency audit of $30M hack uncovered internal wallet flaw that could let attackers derive private keys
Upbit said it discovered a vulnerability that could have allowed attackers to infer private keys from onchain wallet data. Source link
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Kain Warwick’s Infinex builds on $67.7 million Patron NFT round with Sonar sale ahead of INX’s 2026 TGE
Infinex has unveiled its Sonar token sale ahead of a January Token Generation Event, expanding access to INX beyond its $67.7 million Patron NFT sale....
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Ethereum raises block gas limit to 60M as ecosystem throughput hits new records ahead of Fusaka upgrade
Ethereum increased its block gas limit to 60 million after securing majority validator support days before the Fusaka upgrade. Source link
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Wall Street ETF inflows offer modest relief for bitcoin amid its ‘first real institutional stress test’
Analysts said bitcoin is now witnessing its “first real institutional stress test,” as long-term buyers accumulate while volatility persists. Source link