This Week In Crypto

This Week in Crypto – Rare Bitcoin Block Win, NFT Hub Launch, Stablecoin Expansion, SwapKit Live

We’ve reached the final news cycle of November, and it’s a busy one. A former professional ice hockey player has made a notable move into Ethereum, while Trinity College has begun accepting crypto donations in a shift toward digital assets. Sundaresan’s Padimai launch deepens the link between blockchain and contemporary art, and a solo Bitcoin

Read article
This Week in Crypto – Rare Bitcoin Block Win, NFT Hub Launch, Stablecoin Expansion, SwapKit Live

We’ve reached the final news cycle of November, and it’s a busy one. A former professional ice hockey player has made a notable move into Ethereum, while Trinity College has begun accepting crypto donations in a shift toward digital assets.

Sundaresan’s Padimai launch deepens the link between blockchain and contemporary art, and a solo Bitcoin miner’s rare block win adds to a recent run of unusual rewards.

And in another step toward decentralisation and broader crypto adoption, Zypto App has integrated SwapKit, enabling decentralized swaps across EVM networks with more chain support on the way.

Ex-Ice hockey star is living the Ethereum dream

Former ice hockey star, Trevor Koverko, recovering from a serious car incident has found a new lease of life in Ethereum. The Canadian Web3 innovator has become excellent in business, but it wasn’t always like this.

Koverko had fallen in love with ice hockey from a young age, and by the time he was a teen, he was competing at the semi-pro level and moved away from home, playing to large crowds.

At 18, Koverko was an NHL draft pick for the New York Rangers, and had a bright career ahead of him. Sadly, everything came crashing down six years later. At 24, Koverko was in a serious car accident which affected his brain and left him paralyzed on his left side. Unfortunately, this ended his professional career.

Yet, he rebuilt his life piece by piece by reinventing himself. 

Koverko enrolled in business school and moved in with his parents. Whilst completing his studies, he stumbled upon a Bitcoin forum in 2012 which changed everything for him. Shortly after, he bought his first $20 worth of Bitcoin on eBay and made friends with the early adopters of BTC.

Before long, Silicon Valley and the startup life began appealing to him. While shuttling between Silicon Valley and Toronto, he got to know about the prodigy championing the cause of Ethereum, a fellow bitcoiner named Vitalik Buterin.

Koverko quickly got on board as he noticed Ethereum’s potential to tokenize real-world assets (RWA) and other financial instruments. He told his idea of tokenizing a financial asset to his friend Anthony Di lorio, the co-founder of Ethereum, but it didn’t fly.

Not discouraged, Koverko built a protocol that could tokenize anything in 2017. That became Polymath, the original and largest RWA tokenization platform. It raised $75 million and reached a $1 billion market cap. 

Since Polymath was birthed, tokenization has become one of the most exciting subjects in the industry, with top venture capitalists (VCs) talking about it, with interest also being garnered by institutions on Wall Street. 

Polymath supports tokenization on Ethereum and is in the process of going public. 

Trinity College receives first philanthropic donation in cryptocurrency

Trinity College Dublin has become the first university in Ireland to receive a philanthropic donation in cryptocurrency. The donation of €25,000 in stablecoins is from software technology firm Aave Labs.

Aave Labs is a pioneer in decentralized finance, including Aave Protocol, the world’s largest platform for earning interest, borrowing, and saving in stablecoins, as well as Aave stablecoin GHO and the Aave App for consumer saving.

The funds will be used to support Pathways to Business, a program run by Trinity Business School and Trinity Access Programs that bridges gaps for second-level and undergraduate students from underrepresented backgrounds, helping them pursue careers in business.

The donation was facilitated by the partnership of Trinity’s related charity in the US, the University of Dublin Fund, with The Giving Block, the world’s largest digital asset philanthropy platform.

Professor Laurent Muzellec, Dean of Trinity Business School said, 

“With higher education in Ireland facing acute underfunding, it is crucial that we continue to explore new opportunities for global support. Accepting cryptocurrency donations allows us to embrace digital transformation while expanding and diversifying our donor community.”

Stani Kulechov, Founder of Aave Labs responded,

“With more people and institutions holding stablecoins and other digital assets, this initiative makes giving simpler and more inclusive.”

Bitcoin miner beats massive odds to win $266K

A solo Bitcoin miner earned 3.146 BTC worth $266,000 with a computing power of only 1.2 terahashes per second (TH/s), beating massive odds. They solved block 924,569 with only a fraction of the computational power typically needed to win a block reward.

The miner, who is believed to be operating a hobby-grade machine, struck gold with a computing power that is a speck of dust in an industry dominated by industrial-scale operations producing exahashes.

Ckpool creator Con Kolivas announced the win on X, congratulating the “extremely lucky” miner and noting just how improbable the event was. He estimated that the odds translate to about 1.2 million to one per day at the miner’s reported hash rate.

The miner received 3.125 BTC from the block subsidy plus 0.021 BTC in transaction fees, bringing the total to just over 3.146 BTC, according to on-chain data

Despite the industrial mining landscape, 2025 has become an impressive year for solo miners. According to Mempool Space, 13 solo-mined blocks have been found through CKpool this year, averaging just over one a month.

Last month, a solo Bitcoin miner secured a $347,455 reward after independently solving block 920,440, earning 3.125 BTC plus fees entirely on their own. Earlier in July, another miner with low computing power claimed a full block reward, while similar wins were recorded in June, March, and back in February.

Major miners are seeking new revenue sources beyond Bitcoin mining, especially after the latest halving tightened their margins. 

CleanSpark has already begun shifting into AI-focused data center infrastructure, a move that sent its stock up 13% after the expansion was first announced in October.

TeraWulf also plans to raise $500 million through a convertible note offering to help finance the construction of a new data center campus in Abernathy, Texas. 

Download Zypto App

Beeple’s NFT collector launches space in Singapore

The collector Vignesh Sundaresan unveiled a new project space, Padimai Art & Tech Studio, located in Singapore’s Tanjong Pagar Distripark area. 

Sundaresan, who also goes by Metakovan, is best known for his 2021 purchase of Beepl’s nonfungible token (NFT) work Everydays: The First 5000 Days for $69.3 million, which helped to make NFTs mainstream within the art market.

Sundaresan, who is based in Singapore, says Padimai is a heritage, contemporary art and research institution “dedicated to the question of how technology can function as cultural infrastructure. That means examining how digital works are created, how they survive, how they circulate, and how they shape collective memory.”

Tanjong Pagar Distripark is already home to the state-backed contemporary art institution Singapore Art Museum and several commercial galleries. Sundaresan envisions his venue supporting projects that “don’t fit neatly into gallery timelines or commercial expectations” and also exploring the preservation of digital works.

The space opens with an Olafur Eliasson exhibition, Your view matter, an adaptation of a virtual reality work the Norwegian-Danish artist made in 2022. It will involve visitors moving through six digital installations which respond to their movement, with each person’s experience recorded and stored on a blockchain-based system devised by Sundaresan.

Sundaresan said,

“The Beeple acquisition is part of the story that brought me here, but it is not the program. If anything, it serves as a historical marker, a reminder of the moment when the art world confronted the idea of digital ownership at scale.”

He’s also bullish that his collection will inform but not dominate the space.

Zypto Crypto Cards - Virtual and Physical

Swedish giant Klarna rolls out stablecoin 

Klarna, the Sweden-based digital bank known for its “buy now, pay later” offering confirmed that it will debut a U.S. dollar stablecoin, becoming the latest global fintech tapping blockchain rails to power global transfers.

Dubbed KlarnaUSD, the token is set to go live on Tempo, a blockchain developed by Stripe and Paradigm specifically for payment use cases. The token will be issued through Bridge, Stripe’s stablecoin infrastructure product, and is currently in test mode. A full public rollout is planned for next year.

Klarna is the latest financial institution to embed stablecoins and blockchain tech into its operations, marking a shift for the company whose CEO once dismissed crypto tech altogether. Banks and fintechs are increasingly turning to stablecoins to cut transaction costs and settlement time.  

Klarna said that the token will help reduce the cost of cross-border payments, a space where global fees add up to roughly $120 billion a year. The move makes Klarna the first bank to tap Stripe’s stablecoin stack for blockchain-powered payments. The partnership also builds on Klarna’s existing work with Stripe, which handles much of Klarna’s payments processing globally.

“Crypto is finally at a stage where it is fast, low-cost, secure, and built for scale,” said Sebastian Siemiatkowski, co-founder and CEO of Klarna.”

Download Zypto App

Zypto activates SwapKit integration for decentralized swaps

Zypto has rolled out its SwapKit integration inside Zypto App, bringing decentralized swaps to EVM chains with full on chain execution. The upgrade adds another major routing engine to Zypto’s multichain stack, enabling users to swap directly between assets without intermediaries and with improved access to liquidity fromc multiple sources.

The new integration contributes to the more than one million swap routes now active across Zypto App, helping trades find cleaner price paths and reducing routing friction behind the scenes. Non EVM support is already underway, with additional networks scheduled to come online in upcoming releases.

SwapKit’s launch marks the first phase of Zypto’s broader decentralized swap expansion, which is expected to include wider chain coverage and deeper routing options as the app’s multichain capabilities continue to grow.

Closing remark

Koverko’s shift into Ethereum highlights how quickly new opportunities emerge in the sector, while Trinity College’s acceptance of crypto donations reflects a broader institutional turn toward digital assets.

Sundaresan’s Padimai project reinforces the growing overlap between blockchain and contemporary art, and the solo Bitcoin miner’s rare block win adds to a small cluster of statistically unusual rewards observed this year.

And in another step toward decentralisation and wider crypto adoption, Zypto App has integrated SwapKit, enabling decentralized swaps across EVM networks with support for additional chains already in progress.

What’s your favorite crypto news this week? Tell us all about it in the comments section.

Download Zypto App

FAQs

Trevor Koverko founded Polymath, a protocol for tokenizing real-world assets.

Trinity College got a donation from software technology firm Aave Labs.

Vignesh Sundaresan unveiled a new project space, Padimai Art & Tech Studio in Singapore.

The Bitcoin miner earned 3.146 BTC worth $266,000.

aave labsbitcoin minerbitgetethereumnftspolymathtrevor koverkotrinity collegevitalik buterinblock
Related

More from This Week In Crypto

See all

What Zypto users say

Excellent 4.7 based on 220 reviews Read all reviews on Trustpilot