November 2025 Crypto Recap:
- Bitcoin posts its worst month in years, down ~17%
- Texas becomes the first US state to purchase BTC for a strategic reserve
- Securitize announced it’s going public through a SPAC
- Balancer exploited for $120+ million
- Berachain hard forked as a result of Balancer hack
- MEXC withdrawal drama
- Consensys reportedly pursuing IPO
- Kraken files for IPO
- Zcash pump (and dump?)
- CRCL reports earnings; shares down 23% from pre-earnings close to now
- $UNI proposes turning on fee switch
- SEAL security alliance looks to establish certification for security at crypto projects
- Vitalik warns institutional capture of Ethereum presents potential long-term risk
- Hyperliquid launches tokenized equities via HIP-3
- Coinbase is leaving Delaware and reincorporating in Texas
- Canada rolls out a federal stablecoin framework
- Monad launches chain and airdrops $MON
- South Korean exchange Upbit is hacked for $30+ million of Solana assets
- CME Group suffers an hours long outage that halts major futures markets (rates, FX, equity indices, commodities)
For added context on how these events shape the crypto industry read our bi-weekly roundup posts on DeFi Education 👇
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