GANA Payment, a decentralized payment platform on Binance Smart Chain, lost over $3.1 million in a security breach on November 20, 2025, at approximately 5:00 AM UTC. The attacker manipulated the project's smart contract to drain tokens, then laundered 1,140 BNB (approximately $1.04 million) and 346 ETH ($1.05 million) through Tornado Cash across BSC and Ethereum networks. The exploit caused GANA's token value to drop over 90%.

XRP has declined more than 14% over the past week, trading below $2.15 despite Canary Capital's spot ETF debut on Nasdaq on November 14. The fund recorded $58 million in first-day trading volume and attracted over $250 million in net inflows, yet the token erased gains that had pushed it to a 30-day high of $2.70.

South Korean internet company Naver will hold a board meeting next week to approve its acquisition plan for Dunamu, parent company of cryptocurrency exchange Upbit. The transaction will be structured as a full equity swap through Naver Financial, the company's fintech subsidiary. Dunamu will convene its own board meeting on November 26 to finalize transaction details, with the share-swap ratio estimated at 1:3 or 1:4.

Elon Musk's artificial intelligence startup xAI is seeking $15 billion in new equity funding at a $230 billion valuation, according to The Wall Street Journal. The proposed valuation represents a significant increase from the $113 billion figure disclosed in March. The funding will support data-center expansion and model development as xAI works to close the performance gap with competitors.

Cardano founder Charles Hoskinson acknowledged structural challenges facing blockchain networks during a November 15 broadcast. He identified marketing deficiencies and limited ecosystem growth as critical weaknesses requiring immediate attention. Hoskinson outlined plans for the Midnight sidechain to enhance cross-chain interoperability and introduce privacy features aimed at expanding network participation beyond 10 million users by 2030.

Strategy Inc., Michael Saylor's Bitcoin treasury company, traded below its net asset value for the first time in nearly two years as Bitcoin dropped under $100,000. The company's market capitalization reached $57.40 billion while its 641,205 BTC holdings are valued at approximately $61.3 billion. This creates roughly a 6% discount for investors purchasing MSTR shares compared to direct Bitcoin acquisition.

The US Department of Justice, FBI, and Secret Service formed the Scam Center Strike Force on November 12, 2025, to target cryptocurrency fraud operations linked to Chinese transnational crime groups. The initiative addresses investment scams that defraud Americans of billions annually through fake crypto platforms, according to US Attorney Jeanine Ferris Pirro. Federal authorities have seized over $401 million in cryptocurrency assets to date.

Cybersecurity firm Koi Security has identified a sophisticated malware campaign targeting Visual Studio Code extensions that steals credentials for GitHub, Open VSX, and cryptocurrency wallets. The malware uses invisible Unicode characters to evade detection and leverages the Solana blockchain as its command-and-control infrastructure. Seven extensions were reinfected on October 17, accumulating 35,800 downloads, with ten infected extensions remaining publicly available.

XRP declined more than 9% on November 8, 2025, extending its monthly slide despite announcements at Ripple's Swell conference held November 4–5 in New York. The token traded around $2.19 in early sessions before recovering to $2.30, yet faced resistance at $2.40. Market participants sold following the event, exhibiting classic buy-the-rumor, sell-the-news behavior.