Movement Labs is close to finalizing a $100 million Series B funding round, according to Fortune, citing sources close to the deal.The round is reportedly co-led by CoinFund and Nova Fund — part of Brevan Howard’s digital assets arm.
[KB Financial Group Report Indicates South Korea's High-Net-Worth Individuals Increasing Allocation to Gold and Crypto Assets While Reducing Real Estate Holdings] KB Financial Group released the '2025 South Korea Wealth Report,' analyzing that the number of high-net-worth individuals in South Korea is growing at an average annual rate of 9.7%, reaching 476,000 by 2025. The total financial assets are expected to grow at an average annual rate of 7.2% to 3,066 trillion Korean won, surpassing 3,000 trillion Korean won for the first time this year. Additionally, the asset portfolios of South Korea's high-net-worth individuals show a decrease in the proportion of real estate, while the proportion of physical assets such as gold and jewelry, as well as crypto assets and other assets, is increasing.
[Justice Net Article Suggests Establishing Three Disposal Measures for Virtual Currency Involved in Criminal Cases: Liquidation, Destruction, and Return] Justice Net published an article proposing the improvement of judicial disposal pathways for virtual currencies involved in criminal cases: clarifying the legal status of third-party institutions and incorporating them into the scope of judicial auction assistants; jointly issuing dual standards for technology and procedures by the Supreme People's Court, the Supreme People's Procuratorate, and financial regulatory authorities; and strengthening prosecutorial supervision. The article suggests exploring differentiated disposal models, applying three measures: liquidation, destruction, and return. For property involving victims, priority should be given to targeted bidding liquidation or returning the original currency; contraband or low-liquidity tokens can be destroyed; and high-value tokens mixed with legitimate investments should be prioritized for liquidation.
[Long-term holders collectively own 14.35 million BTC, approximately 68.3% of the total supply] There are 153 entities with non-zero BTC balances, including 29 major publicly listed companies holding 1.082 million BTC, while other listed companies hold 54,331 BTC. Spot ETFs collectively hold 1.311 million BTC, with BlackRock holding 777,000 BTC. Governments worldwide hold 615,000 BTC, with the U.S. government holding 325,000 BTC. On-chain BTC that has been held for 10 years without movement totals 3.409 million BTC. Long-term holders collectively own 14.35 million BTC, approximately 68.3% of the total supply.
[Brazil's Largest Asset Management Company Recommends Allocating 3% to Bitcoin] Brazil's largest asset management company, Itaú Asset Management, recommends investors allocate 3% of their funds to Bitcoin to hedge against foreign exchange and market shock risks. Itaú stated that Bitcoin has a low correlation with traditional local assets, and there is no need to time the market, suggesting a disciplined, long-term investment strategy. Earlier this month, Bank of America approved wealth advisors to recommend a maximum Bitcoin allocation of 4%, while BlackRock suggested an allocation of 2%.
[Infrared, a Berachain Ecosystem Protocol, Announces Details of the IR Token Airdrop] Infrared, the liquid staking protocol within the Berachain ecosystem, has announced details of the IR token airdrop, targeting early community members, participants of the Boyco pre-deposit campaign, and users involved in community activities. Users can claim the airdrop in advance through the centralized exchange pre-deposit process, while non-exchange claims will open on the day of the TGE. The IR token will officially launch on December 17, 2025.