South Korea's Upbit discovered a critical wallet software vulnerability while investigating a $30 million theft. The exchange identified a defect that could potentially expose private keys through blockchain data analysis. Upbit has suspended operations and pledged full reimbursement to affected users, though no direct link between the flaw and the November 26 breach has been confirmed.

Bitcoin's current market behavior resembles the extreme risk-reward environment seen in early 2020, according to André Dragosch, head of research at Bitwise Europe. The asset is pricing in a recession-like scenario following recent declines and liquidations, he argues. Dragosch expects global growth may rebound as past monetary stimulus circulates through the system.

The Philippines could develop a $60 billion tokenized asset market by 2030, according to a study by PDAX, Saison Capital, and Onigiri Capital. Equities and government bonds are expected to drive growth, with the analysis showing 14% of Filipinos hold cryptocurrencies compared to less than 5% participating in traditional investments. Tokenized government bonds via PDAX and GCash have lowered minimum investment thresholds to P500, expanding access for smaller savers.

South Korean authorities are investigating a cryptocurrency breach at Upbit that resulted in the unauthorized transfer of approximately $30.6 million in Solana-linked assets. The attack is suspected to involve North Korea's Lazarus Group, according to government and industry sources cited by Yonhap News. Dunamu, which operates Upbit, confirmed the theft and stated it will reimburse all affected users using its own reserves. Withdrawal and deposit services were halted as internal security reviews commenced.

Bitcoin has climbed more than 13% from recent lows near $80,000 to above $91,000 as Thanksgiving approaches. Historical data shows the holiday averages a 0.8% decline for BTC, with gains recorded only twice in the past decade. Analysts warn of potential downside toward $81,000 unless the cryptocurrency reclaims the $100,000–$105,000 range.

Bitwise Asset Management launched a Dogecoin exchange-traded fund on November 26, 2025, trading under ticker BWOW on the New York Stock Exchange. The fund provides institutional access to Dogecoin, the seventh-largest cryptocurrency with approximately $22 billion in market capitalization and $1 billion in daily trading volume. The ETF carries a 0.34% management fee, waived for the first month on initial assets up to $500 million.

The Monad blockchain experienced fraudulent ERC-20 transfer activity less than two days after its mainnet launch. Attackers exploited the token standard to generate fake transaction records on block explorers, creating misleading wallet activity without moving actual funds or obtaining user signatures. James Hunsaker, CTO and co-founder of Monad, confirmed the issue stems from the ERC-20 interface standard rather than network vulnerabilities.

U.S.-listed spot Bitcoin exchange-traded funds recorded $129 million in net inflows on November 25, while Ethereum-focused ETFs attracted $78 million. Fidelity's Bitcoin fund led with $170.80 million in inflows, and BlackRock's Ethereum trust topped Ether products with $46.09 million. The inflows marked the third consecutive day of positive flows for Ethereum funds.

Texas completed a $5 million purchase of BlackRock's iShares Bitcoin Trust on November 20, with an additional $5 million allocated for direct Bitcoin acquisition. Lee Bratcher of the Texas Blockchain Council confirmed the two-phase approach, stating the ETF position serves as an interim step pending custody infrastructure completion. The $10 million total allocation comes from state general revenue under a framework approved in June that permits digital asset holdings exceeding $500 billion in market capitalization.