Once Grayscale rolled out the exchange-traded fund tied to LINK, the token 
rallied. At last check on Tuesday, it was up 12.7% to $13.40.

Chainlink rallies 12% after Grayscale drops first LINK ETF

CME has rolled out new crypto benchmarks, including a Bitcoin volatility index 
designed to sharpen risk pricing across futures and options markets.

CME launches Bitcoin volatility index as institutional crypto trading matures

Kraken is moving to acquire Backed Finance AG, aiming to pull tokenized 
equities deeper into the global financial mainstream. Backed to Join Kraken as 
Tokenized Stock Demand Climbs Worldwide Kraken has agreed to purchase Backed 
Finance AG, the issuer behind xStocks, in a deal meant to accelerate the 
expansion of tokenized equities while tightening the […]

Kraken Moves to Acquire Backed in Bid to Expand Global Tokenized Equities

According to reports, it has been three months since the Shibarium Bridge hack 
that drained more than $3 million from users, yet the case has not moved into 
formal law enforcement channels. Related Reading: $300 Million Crypto Bet: 
Kazakhstan’s Central Bank Gears Up On-chain investigators traced a clear path 
of funds, and community members say the clues are strong enough to support an 
official probe. Still, exchanges are holding back unless a police case number 
is presented. On-Chain Trail Revealed Based on reports from on-chain sleuths, 
the attacker moved 260 Ether through Tornado Cash before routing 232.49 ETH to 
deposit addresses at KuCoin. The laundering path involved 111 wallets and 45 
unique KuCoin deposits, according to a public breakdown by a community 
investigator known as Shima. Shibarium Bridge hacker foolishly chose not to 
accept the K9 bounty &#8211; it’s finally time to share the investigation we’ve been 
working on…🔎 this is juicy 🤤 The hacker made one stupid mistake and it 
completely unravelled their Tornado Cash laundering. 💰🌪️💵 That one mistake… 
pic.twitter.com/itxsXbbGSm — Shima 島。 (@MRShimamoto) December 1, 2025 A small 
mistake — a single transfer of 0.0874 ETH — linked otherwise hidden wallets 
and allowed the investigator to map much of the operation. The tracing work 
was shared with the Shiba Inu ecosystem team so it could be used to press for 
recovery. Why didn&#8217;t https://t.co/OoTvg1kraL call the police? Why isn&#8217;t there 
a report to the appropriate authorities to get a case number? Why have no law 
enforcement been involved in the https://t.co/OoTvg1kraL bridge hack? 
https://t.co/88Gdxi0rhh — Pulse Digital 🟣 (@CryptoPulse9) December 1, 2025 
Practical Roadblocks To Recovery Tracing crypto through mixers remains 
difficult, even when the ledger gives clues. Exchanges often need subpoena 
power, legal requests or a case number to share account details. That 
requirement can leave strong on-chain leads stuck if a project does not file a 
police report. Community investigators can point the way, but many of the next 
steps depend on formal legal action and cross-border cooperation. Exchange 
Action Hinges On Case Number After Shima handed the findings to the project 
team, members of the community and teams such as K9 Finance stepped in. One 
representative, using the handle DeFi Turtle, reached out to KuCoin to ask 
that the exchange freeze the suspected funds. KuCoin replied that it would 
require a formal law enforcement case number before taking such action, based 
on the messages that have circulated in community channels. Without a police 
report, the exchange said it could not legally provide internal records or 
lock the linked accounts. Sleuth Offers Evidence To Victims Faced with slow 
institutional movement, Shima has offered the full dataset, the mapping work 
and the methodology to victims and to any law enforcement body willing to act. 
Victims in different countries may need to lodge complaints locally to create 
the case numbers that exchanges demand. Related Reading: XRP Is About To Hit A 
Major Turning Point This Week, Analyst Says Calls For Formal Complaints Shane 
Cook, founder of Pulse Digital Marketing, questioned why the Shiba Inu team 
had not filed an official complaint despite the on-chain evidence. Reports 
show the team previously confirmed the breach and said it had contacted 
security firms including PeckShield and Hexens. Cook’s criticism centers on 
the idea that technical analysis alone may not be enough; a legal filing is 
often required to make exchanges cooperate. The community now wonders whether 
the project prioritized reopening the bridge and repayment planning over 
pursuing legal routes. Featured image from Hacked.com, chart from TradingView

Shibarium Hack Fallout: Shiba Inu Team Criticized For Not Reporting Breach

Bitcoin’s underperformance versus gold and the rapid expansion of global 
liquidity suggest that BTC’s current pricing is deeply discounted. Will BTC be 
the star performer of 2026?

Cryptocurrency price in CLP