KLEA Crypto Daily: Thursday, November 27, 2025

Published: November 28, 2025 – 00:03 UTC

Here’s a look back at the key stories from November 27, 2025.

Bitcoin Downtrend Driven by Early Whale Selling, Says Ki Young Ju

Bitcoin's recent sharp correction is attributed to heavy selling by early whales with low cost bases, overwhelming institutional demand. CryptoQuant CEO Ki Young Ju suggests limited short-term upside potential for Bitcoin, shaping its 2025 outlook.

Major Fire in Tai Po, Hong Kong Prompts Generous Donations from Crypto Companies

A major fire in Tai Po, Hong Kong, led to significant losses, prompting Binance, HashKey Group, Avenir Group, and KuCoin to donate HK$10 million and HK$2 million respectively for emergency relief efforts.

Hedera (HBAR) Price Prediction: cSigma Partnership Could Drive HBAR to New Highs

Hedera Hashgraph's HBAR token is gaining attention due to partnerships like cSigma, which targets the carbon market, potentially boosting HBAR to new highs. Factors like adoption growth, network activity, and regulatory clarity will influence HBAR's price outlook.

Abu Dhabi Greenlights Ripple’s RLUSD Stablecoin for Institutional Adoption

The Financial Services Regulatory Authority (FSRA) in Abu Dhabi has officially recognized Ripple USD (RLUSD) as an Accepted Fiat-Referenced Token for use in the Abu Dhabi Global Market (ADGM). This certification allows FSRA-licensed businesses to utilize the dollar-pegged stablecoin for various regulated financial operations.

Upbit Suffers $37M Solana Hot Wallet Breach on 6th Anniversary Following Lazarus Hack in 2019

South Korea’s leading cryptocurrency exchange, Upbit, confirmed a serious security incident where its Solana network hot wallet was drained of roughly $36.9 million in crypto assets. The breach involved transfers of multiple tokens, prompting Upbit to pause deposits and withdrawals while pledging to reimburse affected users.

VeChain Introduces Hayabusa: Revamped Staking Model Impacting VET Holders

VeChain introduces Hayabusa, a revamped staking model rewarding active network participation, impacting VET holders and the role of VTHO in the ecosystem.

Fluence Joins TON Grant Program To Accelerate Innovation With Powerful Compute Infrastructure

Fluence partners with TON Builders to offer compute credits for TON-based projects, enabling significant cost savings and high-performance computing resources for developers within the TON ecosystem.

Bybit Introduces QR Code Bill Splitting in Bybit Pay

Bybit Pay introduces a Split Bill feature allowing users to divide payments in digital assets among groups, simplifying shared expenses with support for various cryptocurrencies and accommodating up to 100 participants.

Solana ETFs End Perfect Run as 21Shares’ TSOL Sees $34M in Outflows

The perfect run of Solana ETFs came to an end as 21Shares' TSOL experienced over $34 million in withdrawals in a single day, marking a significant reversal in the market.

Grayscale Files for Spot Zcash ETF, ZEC Price Could Cross $600

Zcash may see renewed interest as Grayscale positions it for a potential spot crypto ETF in the US, despite recent stagnant price action. Market indicators suggest Zcash has faced persistent outflows, but optimism for a rebound is sparked by this major development.

Bybit and DMCC Revealed Winners of Third Web3 Unleashed Hackathon with USD 140,000 Awarded

Bybit and DMCC announce the winners of the Web3 Unleashed #3 Hackathon, awarding a total of USD 140,000 to five projects. The event, which brought together 90 teams across various innovation tracks, showcased advancements in decentralised technology solutions.

Solana-Related Tokens Surge on Upbit Following Hack Incident

Following a hack incident leading to the suspension of deposits and withdrawals, Solana-related tokens on South Korea’s Upbit exchange have shown a significant premium compared to other major markets. For instance, ORCA rose to 3,410 KRW (about $2.33).

OpenAI Addresses Mixpanel Security Incident Impacting API Data

OpenAI discloses a security incident involving Mixpanel, affecting limited API user data. No sensitive information such as API keys or payment details were exposed.

BCH Gains 2.8% as Only Green Asset in CoinDesk 20 Amid Market Selloff

Bitcoin Cash (BCH) trades at $549.10, up 3.27% in 24 hours, as institutional interest grows following Grayscale’s trading platform enhancement announcement.

Upbit’s Massive SOL Breach Impacts $36 Million in Assets

Upbit, a major South Korean cryptocurrency exchange, experienced unauthorized withdrawals totaling around 54 billion KRW ($36 million) in Solana-based assets, affecting various tokens. The exchange swiftly suspended deposits and withdrawals for Solana assets to prevent further losses and secure user funds.

Source: KLEA News