{"id":16448,"date":"2025-11-23T14:57:25","date_gmt":"2025-11-23T14:57:25","guid":{"rendered":"https:\/\/bitunikey.com\/news\/cardano-suffers-chain-split-solo-miner-wins-265k-block-uk-operation-seizes-32-6m-weekly-recap\/"},"modified":"2025-11-23T14:57:30","modified_gmt":"2025-11-23T14:57:30","slug":"cardano-suffers-chain-split-solo-miner-wins-265k-block-uk-operation-seizes-32-6m-weekly-recap","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/cardano-suffers-chain-split-solo-miner-wins-265k-block-uk-operation-seizes-32-6m-weekly-recap\/","title":{"rendered":"Cardano suffers chain split, Solo miner wins $265K block, UK operation seizes $32.6M | Weekly Recap"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">In this edition of the weekly recap, Cardano experienced an unexpected chain split from a malformed transaction, a miner defied odds to mine a Bitcoin block worth $265,000, and a UK-led initiative targeting Russian sanctions evasion reached 128 arrests.<\/p>\n<div id=\"cn-block-summary-block_d45909d8fe696f017e4581b806e9cd5d\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Cardano sees a chain split from a malformed transaction as its price dips.<\/li>\n<li>A solo miner with 6 TH\/s mines a $265K Bitcoin block in a near-impossible win.<\/li>\n<li>UK sanctions probe reaches 128 arrests with $32.6M seized in cash and crypto.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<h2 class=\"wp-block-heading\">Cardano chain split triggers user apology<\/h2>\n<ul class=\"wp-block-list\">\n<li>Cardano (ADA) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/intersectmbo.org\/news\/incident-report-network-partition-analysis-and-resolution-strategy\" target=\"_blank\" rel=\"nofollow\">experienced<\/a> a price drop following an unexpected divergence caused by a malformed delegation transaction exploiting a software flaw.<\/li>\n<li>Intersect, Cardano\u2019s governance organization, reported the issue began when newer node versions validated the problematic transaction while older software rejected it.<\/li>\n<li>The user claiming responsibility for the malformed transaction issued a public apology.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Hobbyist miner claims improbable Bitcoin block<\/h2>\n<ul class=\"wp-block-list\">\n<li>A solo CK miner operating with just six terahashes per second of computing power successfully <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/mempool.space\/block\/00000000000000000001457a4acc5da8e886dddd0a79a6899957a502e0a1977b\" target=\"_blank\" rel=\"nofollow\">mined<\/a> a Bitcoin (BTC) block Friday, earning 3.146 BTC plus fees totaling nearly $265,000.<\/li>\n<li>The achievement is an extraordinary statistical anomaly, as typical mining operations measure capacity in exahashes (one quintillion hashes per second)<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">UK sanctions evasion operation reaches major milestone<\/h2>\n<ul class=\"wp-block-list\">\n<li>Operation Destabilise, a UK-led initiative targeting Russian sanctions evasion, has <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.nationalcrimeagency.gov.uk\/news\/operation-destabilise-nca-exposes-billion-dollar-money-laundering-network-that-purchased-bank-to-fund-russian-war-effort\" target=\"_blank\" rel=\"nofollow\">achieved<\/a> 128 arrests and seized $32.6 million in cryptocurrency and cash according to National Crime Agency updates.<\/li>\n<li>The operation has expanded from 84 arrests and $25.5 million in seizures reported as of December 2024 when first publicized.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Coinbase acquires meme coin trading platform<\/h2>\n<ul class=\"wp-block-list\">\n<li>The American cryptocurrency exchange announced Friday it has agreed to purchase Vector, a social meme coin trading application focused on community-driven token markets.<\/li>\n<li>Vector\u2019s technology will integrate into Coinbase\u2019s decentralized exchange trading capabilities.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Kalshi valuation soars to $11 billion<\/h2>\n<ul class=\"wp-block-list\">\n<li>The U.S. prediction market platform reportedly raised $1 billion in an undisclosed funding round, pushing valuation to approximately $11 billion.<\/li>\n<li>The round closed weeks after Kalshi secured $300 million at a $5 billion valuation in October.<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Metaplanet restructures capital through preferred shares<\/h2>\n<ul class=\"wp-block-list\">\n<li>The biggest corporate Bitcoin holder in Japan announced changes to its capital structure on Thursday that focused on giving investors \u201cMars\u201d and \u201cMercury\u201d preference shares.<\/li>\n<li>The Bitcoin treasury company plans to use these securities as additional funding sources while maintaining regular dividend payments according to regulatory disclosures.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Leveraged Dogecoin ETF begins trading<\/h2>\n<ul class=\"wp-block-list\">\n<li>21Shares launched a two-times leveraged long Dogecoin (DOGE) ETF on Nasdaq Exchange Thursday.<\/li>\n<li>The 21Shares 2X Long Dogecoin ETF (TXXD) aims to deliver twice DOGE\u2019s daily performance minus fees and expenses for traders.<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\">Samourai Wallet co-founder sentenced to prison<\/h3>\n<ul class=\"wp-block-list\">\n<li>New York Judge Denise L. Cote sentenced William Lonergan Hill to four years imprisonment Wednesday in the second conviction from a case crypto advocates argue threatens software development freedom.<\/li>\n<li>The 67-year-old developer also received three years supervised release and a $250,000 fine according to the U.S. Attorney\u2019s Office for the Southern District of New York.<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h3 class=\"wp-block-heading\">Saudi developer plans tokenized Trump hotel<\/h3>\n<ul class=\"wp-block-list\">\n<li>Dar Global seeks to finance up to 70% of its Trump-branded Maldives luxury resort through tokenization targeting U.S. retail investors according to Reuters reporting.<\/li>\n<li>CEO Ziad El Chaar described the blockchain-based tokenization as the primary financing strategy for maximum distribution to token holders.<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\">Kraken completes $800 million funding round<\/h3>\n<ul class=\"wp-block-list\">\n<li>The American cryptocurrency exchange announced Tuesday it secured capital across two tranches led by Jane Street, DRW Venture Capital, HSG, Oppenheimer Alternative Investment Management, and Tribe Capital.<\/li>\n<li>Additional backing came from Kraken Co-CEO Arjun Sethi\u2019s family office, providing the exchange substantial resources ahead of planned 2026 public listing.<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\">Revolut integrates Polygon for crypto payments<\/h3>\n<ul class=\"wp-block-list\">\n<li>The major European fintech firm partnered with Ethereum (ETH) scaling network Polygon (POL) to power cryptocurrency remittances and stablecoin payments through the Revolut application.<\/li>\n<li>Since initial December integration, the network has facilitated over $690 million in trading volumes via Revolut\u2019s platform.<\/li>\n<\/ul>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h3 class=\"wp-block-heading\">DappRadar announces platform shutdown<\/h3>\n<ul class=\"wp-block-list\">\n<li>DappRadar <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/DappRadar\/status\/1990430373055013066\/photo\/1\" target=\"_blank\" rel=\"nofollow\">announced<\/a> Monday via X that it will cease operations due to financial unsustainability.<\/li>\n<li>Launched in 2018, DappRadar had grown into a prominent analytics hub for on-chain activity covering NFT markets and DeFi flows across dozens of blockchains.<\/li>\n<li>The team stated that running the platform became financially unviable in current market conditions after exploring all alternative options.<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\">Strategy expands Bitcoin holdings<\/h3>\n<ul class=\"wp-block-list\">\n<li>The treasury company acquired 8,178 BTC for approximately $835.6 million at roughly $102,171 per Bitcoin, achieving 27.8% BTC yield year-to-date through November 16.<\/li>\n<li>Total holdings reached 649,870 Bitcoin acquired for approximately $48.37 billion at an average price of $74,433 per coin.<\/li>\n<\/ul><\/div>\n","protected":false},"excerpt":{"rendered":"<p>In this edition of the weekly recap, Cardano experienced an unexpected chain split from a malformed transaction, a miner defied odds to mine a Bitcoin block worth $265,000, and a&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1893,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=16448"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16448\/revisions"}],"predecessor-version":[{"id":16449,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16448\/revisions\/16449"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1893"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=16448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=16448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=16448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}