Day: December 3, 2025

Solana Mobile plans to launch SKR token in January 2026

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Key Takeaways Solana Mobile expects to launch the SKR token in January 2026 as part of its crypto-native smartphone ecosystem. The SKR token will be used for staking with entities called Guardians, who will enforce security and community standards for devices. Share this article Solana Mobile plans to launch its SKR token in January 2026, designed to power staking, device security, and dApp curation across its crypto-native smartphone ecosystem. The token will enable users to stake to entities called Guardians, who will handle device verification and enforce community standards within…

SEC Punches Brakes on 3-5x Leveraged Exchange-Traded Funds

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The US Securities and Exchange Commission (SEC) sent warning letters to several exchange-traded fund (ETF) providers, halting applications for leveraged ETFs that offer more than 200% exposure to the underlying asset. ETF issuers Direxion, ProShares, and Tidal received letters from the SEC citing legal provisions under the Investment Company Act of 1940. The law caps exposure of investment funds at 200% of their value-at-risk, defined by a “reference portfolio” of unleveraged, underlying assets or benchmark indexes. The SEC said: “The fund’s designated reference portfolio provides the unleveraged baseline against which…

Charles Schwab open to crypto acquisitions if pricing makes sense, says CEO

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Key Takeaways Charles Schwab CEO signals openness to crypto acquisitions if valuations align. The firm plans to launch spot crypto trading in 2026 after phased testing. Share this article At the Reuters NEXT conference, Charles Schwab CEO Rick Wurster said the top brokerage company will continue looking for acquisitions that strengthen its client offerings, including potential deals in the crypto sector if valuations are attractive. “If the right opportunity presented itself at the right price, we would certainly consider that,” Wurster said. Schwab is preparing to debut spot BTC and…

ETHZilla Buys 20% of Karus to Tokenize AI-Modeled Auto-Loan Portfolios

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Crypto treasury company ETHZilla (ETHZ) has taken a strategic step into onchain credit with the acquisition of a 20% fully diluted stake in automotive-finance AI startup Karus. The $10 million deal includes $3 million in cash and $7 million in ETHZilla stock, and will allow the company to integrate Karus’s underwriting AI models into its blockchain stack to issue tokenized auto-loan portfolios. According to Wednesday’s announcement, Karus’s decisioning engine is trained on more than 20 million historical auto-loan outcomes and has evaluated over $5 billion in loans at origination, giving…

BlackRock CEO Larry Fink says his earlier views on Bitcoin were wrong

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Key Takeaways Larry Fink, BlackRock CEO, has publicly shifted from skepticism to support of Bitcoin and crypto assets. Fink now acknowledges Bitcoin’s legitimacy, comparing it to gold as a portfolio diversifier. Share this article BlackRock CEO Larry Fink said at a press conference during the DealBook Summit that he has reversed his earlier skepticism about Bitcoin and now considers his previous views to have been wrong. He described the shift as a major change in his thinking about Bitcoin and crypto. As he put it, “I have very strong views…

CleanSpark Boosts Bitcoin Output, Expands Power in November

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Bitcoin mining company CleanSpark (CLSK) maintained elevated production levels in November, signaling elevated revenue generation despite a challenging environment for cryptocurrency miners and the broader digital asset market. The company reported Wednesday that it mined 587 Bitcoin (BTC) during the month, an 11% increase from October.  CleanSpark also expanded its contracted power capacity by approximately 11% to more than 1.4 gigawatts, a key measure of the electricity the company has secured to support future mining operations. A larger power footprint allows the company to deploy more mining equipment and scale…

Chainlink (LINK) Soars by 20% Daily: Further Gains on the Way?

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The cryptocurrency market rebounded substantially over the last 24 hours, with Bitcoin (BTC) temporarily surging to nearly $94,000. Some of the leading altcoins, including Chainlink (LINK), performed even better. This has fueled expectations among analysts that the asset could be gearing up for a much more aggressive pump. The Next Targets Chainlink (LINK) jumped by approximately 20% on a daily scale and currently trades at around $14.50 (per CoinGecko’s data), the highest mark since mid-November. LINK Price, Source: CoinGecko The main catalysts fueling the surge appear to be the overall…

Revolut integrates Solana for payments, transfers, and staking

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Key Takeaways Revolut now supports Solana payments, transfers, and staking directly in its app. The integration enables payments on Solana using stablecoins like USDT, USDC, and the network’s native token, SOL. Share this article Revolut, a digital banking platform that provides cryptocurrency trading services, today integrated Solana support for payments, transfers, and staking directly within its app. The integration enables Revolut users to send, receive, or pay via Solana using USDT, USDC, and SOL while accessing the blockchain’s payment and transfer capabilities. Users can also participate in Solana staking through…

Taiwan to Pass Stablecoin Regulations in Late 2026: Report

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Taiwan could see its first stablecoin launched as early as the second half of 2026 as lawmakers advance new rules for digital assets, according to one of the country’s financial regulators. According to a Focus Taiwan report on Wednesday, Financial Supervisory Commission (FSC) Chair Peng Jin-lon said that, based on the timeline for passing related legislation, a Taiwan-issued stablecoin could enter the market in the second half of 2026. Should the Virtual Assets Service Act pass in the country’s next legislative session, and accounting for a six-month buffer period for…

Why Bitcoin Miners Are Shutting Down Rigs in 2025

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Why rigs are going dark Miners are working through one of the toughest margin environments the industry has faced in years. According to a recent breakdown, hash revenue for large public miners has fallen from about $55 per petahashes (PH) per day in Q3 to roughly $35 per PH/day today. Their median all-in cost sits near $44 per PH/day. In other words, a significant part of the sector is now mining at a loss. At the same time, the network hashrate is hovering around 1.0-1.1 zettahash (ZH) per second, which…