Bitwise CIO: Digital Asset Treasuries Face Significant Discounts Bitwise CIO Matt Hougan argues that most Digital Asset Treasury (DAT) companies will trade at discounts to their crypto holdings due to structural drag from illiquidity, expenses, and risk. Strategies to increase crypto-per-share value are limited and often introduce new risks. The rise of regulated spot crypto ETFs is further challenging DATs by offering more direct and efficient exposure to digital assets.
North Korean Digital Spies Infiltrate Crypto Workforce North Korean state-sponsored agents are a growing threat to the cryptocurrency industry, with a significant percentage of firms potentially compromised, according to a warning from the Security Alliance (SEAL). An estimated 15-20% of crypto companies may have personnel influenced by these operatives. Infiltration often occurs during hiring, with 30-40% of applications potentially coming from these agents. Tactics include using front individuals to install malware and recruit remote workers from countries like Ukraine and the Philippines, offering them a share of earnings in exchange for account access.
New Zealand to Integrate Digital Currency Education into National Curriculum by 2027 New Zealand will introduce mandatory financial literacy education, including digital assets and cryptocurrency market indicators, into its national curriculum by 2027. This phased initiative aims to equip youth with essential financial skills for the digital economy. The curriculum will progress from foundational economic principles for younger students to investing strategies and digital asset understanding for older students. The Ministry of Education is collaborating with national bodies like the Retirement Commission to develop high-quality resources. Education Minister Erica Stanford emphasized this as a crucial step for 21st-century financial preparedness.
Adam Weitsman Acquires Record 229 Meebits NFTs Amidst Market Cool-Off Billionaire collector Adam Weitsman has made a landmark acquisition of 229 Meebits NFTs, setting a record for a single over-the-counter transaction. Weitsman expressed confidence in digital assets and the Web3 ecosystem, stating he prefers to make moves "when there's negativity." His strategy is focused on collecting for legacy, not liquidity, and he has never sold an NFT. Weitsman also holds significant stakes in other Yuga Labs projects, including Otherdeed land plots. His continued investment highlights a resilient core of collectors focused on the underlying value of digital assets and community.
Bitcoin Community Threatens JP Morgan Boycott Over MSCI Index Fears The crypto sector is reacting strongly to news that MSCI may exclude companies with over 50% of their balance sheet in crypto from its indexes starting January 2026. This potential policy change has sparked calls for a boycott of JP Morgan, whose research note highlighted the development. Bitcoin advocate Max Keiser urged followers to "Crash JP Morgan and buy Strategy and BTC," while Michael Saylor, CEO of Strategy, clarified that Strategy is a "Bitcoin-backed structured finance company" and not simply a holding company, aiming to differentiate it from the categories MSCI might exclude.
Layer-1 Blockchains: The Foundation of Bitcoin, Ethereum, and Web3 Layer-1 (L1) blockchains are the independent networks forming the base of the crypto ecosystem. They validate and record transactions, serving as the foundation for dApps, Layer-2 solutions, and Web3. Bitcoin and Ethereum are prime examples of L1s, handling crucial functions like transaction processing and consensus without external dependencies. L1 blockchains, also known as mainnets, operate autonomously with their own rules, validators, and native tokens. This self-sufficiency distinguishes them from Layer-2 solutions, which are designed to enhance the performance of existing networks. Consensus mechanisms like Proof of Work (PoW) and Proof of Stake (PoS) are central to L1 functionality. Bitcoin uses PoW (3-7 TPS), prioritizing decentralization. Ethereum's transition to PoS in September 2022 drastically reduced its energy consumption. Other notable L1s include Solana, Cardano, Avalanche, and Binance Smart Chain. These diverse approaches highlight the "blockchain trilemma," the challenge of maximizing decentralization, scalability, and security simultaneously. L1s power DeFi, NFTs, and blockchain gaming, with potential applications in supply chain transparency, digital identity, and asset tokenization. Despite the rise of Layer-2 solutions, L1s remain the "source of truth" for final settlement and immutable records. Ongoing innovation in L1s, such as the proposed Ethereum Interoperability Layer (EIL), aims to improve user experience and address fragmentation. L1s will continue to be critical infrastructure for the decentralized internet of tomorrow.
Zcash Developers Lead Quantum Threat Preparedness Zcash developers are proactively addressing the future threat of quantum computing to blockchain cryptography. Unlike networks that may face significant disruption, Zcash is developing "quantum recoverability" to ensure user funds and privacy remain accessible even after a potential quantum attack. This strategy aims to allow the network to be paused and upgraded, preserving user control over private keys and assets. While Zcash is not yet fully quantum-resistant, wallet software upgrades are anticipated within the next year, positioning the network for resilience against future cryptographic challenges.
Xgram Introduces Personal Manager Support for Large Non-Custodial Swaps Xgram has launched an industry-first feature, "Personal Manager Support," assigning a dedicated human expert to all non-custodial swap transactions of $10,000 or more. This initiative addresses the stress of high-volume, privacy-focused exchanges by offering real-time assistance with address verification, network selection, and liquidity issues. Available globally from November 23rd, 2025, this free service aims to provide institutional-grade support without compromising user sovereignty or privacy.
Jour Cards Unifies Gift Cards for Seamless Crypto Spending Jour Cards has launched a new hub integrating iTunes, Mastercard, and Visa Gift Card Stores. Customers can now purchase popular gift cards using Bitcoin and other cryptocurrencies, bypassing traditional banking. This expansion enhances the real-world utility of digital assets, allowing users to convert holdings into everyday purchasing power. The platform aims to make crypto spending as straightforward as traditional online checkout, powered by blockchain technology.
"Father of Carbon Trading" Predicts Tokenization to Revolutionize Carbon Markets Richard Sandor envisions tokenization, AI, and carbon trading converging to reshape asset management within 5-10 years, making carbon a digitally-native asset class. He believes all assets will be tokenized, enhancing transparency and accessibility for carbon credits. Sandor stated, "Carbon will become another asset with digital life, and the future will see AI, tokenization, and carbon trading converge to create a better world." This synergy promises a more sustainable and efficient global economy.