Crypto News. November 24, 2025
Bitkub, Thailand’s largest crypto exchange, is eyeing a Hong Kong IPO as early as next year to raise $200M, per Bloomberg.
Grayscale launched Dogecoin Trust (GDOG) and XRP Trust (GXRP) ETFs
Four Offchain Labs researchers challenged Vitalik’s proposal to transition Ethereum’s execution layer to RISC-V, arguing WASM offers superior long term advantages for smart contract delivery and storage.
Cardano suffered its first major chain split in eight years on Nov. 21 after a developer exploited a three year old bug with a malformed transaction, prompting Founder Charles Hoskinson to involve the FBI
Wormhole Labs launched Sunrise as the primary gateway for bridging external assets to Solana, debuting with support for Monad MON token ahead of the today’s launch
Coinbase CFTC regulated derivatives arm will launch 24/7 trading and five-year perp-style futures for 11 altcoins including AVAX, ADA, LINK, DOGE, and SHIB in early December
Grayscale adding DOGE and XRP trusts is intresting timing. The Cardano bug exploit after eight years is concerning, especially since it was sitting there for three years. Good to see more infrastrucure maturing though with Wormhole's Sunrise launch.