Animoca Brands will prioritize stablecoin issuance and real-world asset tokenization as core initiatives in 2026, Chief Strategy Officer Keyvan Peymani said. The Hong Kong-based Web3 investor announced plans for an RWA marketplace and stablecoin venture while pursuing a Nasdaq listing via reverse merger with Singapore fintech firm Currenc Group Inc.

BitMine Immersion Technologies purchased 14,618 ETH valued at $44.34 million on Thursday, data show. BitMine Chair Tom Lee forecasts Ethereum could reach $7,000 to $9,000 by January 2026. The firm holds 3,629,701 ETH representing approximately 3% of total supply.

Terraform Labs founder Do Kwon has asked a U.S. federal court to limit his prison sentence to five years after pleading guilty to fraud charges related to the Terra-Luna collapse. His defense team filed a 23-page letter on November 26 arguing the proposed term would be appropriate given the circumstances. Kwon's sentencing hearing is scheduled for December 11.

MegaETH, an Ethereum Layer 2 project, will refund all capital from its Pre-Deposit Bridge following operational failures during Tuesday's launch. The event encountered service outages, multiple deposit cap adjustments, and a multisig configuration error that caused unplanned early reopening. Deposits exceeded $400 million before the team halted further expansions.

South Korean technology company Naver and digital asset operator Dunamu announced a five-year investment of 10 trillion Korean won ($6.8 billion) to develop financial infrastructure integrating artificial intelligence and blockchain technologies. The investment follows Naver Financial's acquisition of Dunamu, parent company of South Korea's largest cryptocurrency exchange Upbit, through a share-swap arrangement. The partnership aims to establish a comprehensive system spanning payments, settlements, and broader financial services.

South Korea's largest cryptocurrency exchange Upbit halted withdrawal and deposit services Thursday following an unauthorized transfer of approximately 54 billion Korean won ($36.8 million) in Solana-based tokens. The incident occurred at 4:42 a.m. local time when assets moved to an unidentified external address. The platform has relocated remaining holdings to cold storage and pledged to compensate affected users from reserve assets.

Elon Musk's aerospace company SpaceX transferred 1,163 bitcoin valued at over $105.4 million to two unidentified wallets on Wednesday. The transaction split the assets between addresses bc1qh…galzy (399 BTC) and bc1q4…u54ez (764 BTC). SpaceX retains approximately 6,095 BTC, currently valued at around $552.9 million, data show.

KakaoBank has advanced its Korean won-pegged stablecoin project into active development, according to Newspim. The digital bank, part of South Korean tech conglomerate Kakao, is recruiting blockchain backend developers with expertise in smart contracts and token standards. The move follows similar initiatives by competitor Naver, which is reportedly pursuing a merger with Upbit, the country's largest cryptocurrency exchange.

Japan's Financial Services Agency is developing legislation that would mandate cryptocurrency exchanges to maintain emergency reserves for potential liabilities. The bill is scheduled for parliamentary submission in 2026. While exchanges currently must store user deposits in cold wallets, no dedicated compensation reserves are required for incidents such as hacks or exploits.