Blockchain analytics platform Bubblemaps alleged on November 25, 2025, that approximately 160 wallets linked to Edel Finance accumulated 30% of EDEL tokens worth $11 million during the token launch in early November. The platform identified trading patterns consistent with automated sniping tactics and coordinated funding through Binance and MEXC exchanges. Co-founder James Sherborne denied wrongdoing, stating the team acquired around 60% of supply for vesting contracts as documented in project materials.

Hyperliquid's newly launched HIP-3 custom markets recorded over $500 million in trading volume within 24 hours, according to the platform's interface. The decentralized exchange introduced synthetic perpetual contracts tracking equity underlyings including xyz, flx, and vnti. The XYZ100 index led with $320 million in volume.

Thailand's Personal Data Protection Commission has ordered World Network to halt biometric data collection and delete records of 1.2 million local users. The regulator cited violations of the Personal Data Protection Act, stating the blockchain project allegedly transferred iris scan data to third parties in exchange for cryptocurrency tokens without proper authorization.

VanEck has filed an application with the US Securities and Exchange Commission for a spot BNB exchange-traded fund, proposing to list on Nasdaq under the ticker VBNB. The fund would provide institutional and retail investors direct exposure to BNB through traditional brokerage accounts. The S-1 filing indicates the ETF will physically hold BNB tokens rather than using futures or cash-settled derivatives.

None of Bitcoin's 30 monitored bull-market peak indicators have triggered as of November 25, 2025, according to data from analytics platform Coinglass. BTC has declined 30.7% from its October all-time high, yet the composite dashboard shows zero signals activated. At least 15 indicators must trigger before the platform confirms a market top, with current average progress toward peak conditions at 43.84%.

Aerodrome, the largest decentralized exchange on Base blockchain, has issued a security alert regarding a DNS hijacking incident affecting its main domains. Two decentralized mirrors remain accessible, while centralized domains (.finance and .box) are still compromised. The platform confirmed smart contracts remain secure.

Bitcoin dropped below $82,000 after long-term holder Owen Gunden sold $1.3 billion worth of BTC and spot ETFs recorded $1.2 billion in weekly net outflows—the largest since February. Marathon Digital Holdings transferred 648 BTC valued at $59 million to trading platforms. Uncertainty surrounding Federal Reserve rate policy and declining Treasury yields added pressure to market sentiment.

Solana's market capitalization has fallen 49% from its September 17 peak, yet network activity shows resilience. Active addresses rose 5.8% month-over-month to 3.65 million by November 20, data show. Institutional interest remains robust, with Bitwise's Solana Staking ETF surpassing $500 million in assets within 18 days of launch.

Cardano's blockchain experienced a temporary chain split on Friday at approximately 8 AM UTC after a malformed delegation transaction exposed a validation flaw in node software. The issue caused portions of the network to diverge briefly before developers deployed a corrective hard fork, according to Intersect, the network's governance organization. Block production continued throughout the incident without a complete network shutdown.