Ndax Weekly TL;DR Dec 1

• Cardano Experiences Temporary Chain Split After Bug Triggered by Malformed Transaction
• Ethereum lifts block gas limit to 60M as network prepares for upcoming Fusaka upgrade
• Polygon weighs return to MATIC ticker as community questions visibility of POL

Cardano’s mainnet briefly split into two competing versions of its ledger last week after a malformed staking-delegation transaction exposed a dormant bug in certain node software versions. Newer nodes accepted the transaction while older versions rejected it, creating parallel chains that both continued producing blocks for roughly 14 hours until operators upgraded to patched releases that converged on a single canonical history. No user funds were reported lost. The event has prompted renewed discussion about client and implementation diversity across major blockchains, with observers comparing Cardano’s behavior to past outages on Solana and Ethereum’s multi-client approach to reducing consensus risks. CryptoSlate

Ethereum’s mainnet block gas limit has risen to 60 million for the first time in four years, following validator signaling that crossed the required threshold in November. The higher limit increases the amount of computation and transactions that can fit into each block, expanding base-layer throughput ahead of the Fusaka upgrade. The change follows a community-led push that began in 2024 to raise execution capacity and reduce congestion. Researchers and core contributors described the increase as the first step in a broader, more targeted scaling strategy, with Vitalik Buterin noting that future adjustments may focus on expanding overall capacity while re-pricing certain operations to avoid introducing new bottlenecks. Cointelegraph

Polygon co-founder Sandeep Nailwal has opened a community debate on whether the network should revert its token ticker from POL back to MATIC, citing ongoing feedback that the original brand was far more recognizable among everyday users. Nailwal said many retail participants — including small-shop owners and gig-economy workers — still look for MATIC and struggle to locate POL since the 2024 rebrand. The discussion comes with community responses split between those who say branding matters and others who argue the network should stay the course. Cointelegraph

Ndax's news feature provides the latest news, stories, and trends to help you keep your hand on the pulse of crypto and blockchain.

View Live Stories

News Nuggets

• Solana-Linked Tokens Trade at Large Premiums on Upbit After Exchange Hack Disrupts Arbitrage CryptoSlate
• Home Invasion in San Francisco Leads to Theft of Approximately $11M in Crypto CryptoSlate
• UK to Expand Crypto Reporting Requirements to Cover Domestic Transactions by 2026 Cointelegraph
• How the Fusaka Upgrade Advances Ethereum’s Long-Term Scaling Roadmap Cointelegraph
• Berachain pushes back on report suggesting investor refund rights in $25M deal Cointelegraph
• Do Kwon asks U.S. judge to limit prison sentence to five years The Block

As of 12-01-2025 at 9:05 AM EST

Market Summary

• Over the past seven days, the global cryptocurrency market capitalization has decreased from CA$4.15 trillion to CA$4.07 trillion.
• Bitcoin's market dominance stands at 58.7%, while Ethereum's share is 11.6%. 

Performance

• Over the past 24 hours, the price of BTC has fluctuated between CA$118K and CA$126K registering a 1.31% change over the past week and a market cap of CA$2.4 trillion. At Ndax, the weekly movers are COMP, which saw a 22.47% increase in the last seven days reaching a market cap of CA$479 million, and QNT, which experienced a 19.77% rise with a market cap of CA$1.9 billion. (At time of writing) (At time of writing)
   

Visit our new markets page offering real-time data for almost 17,000 cryptocurrencies. Track trends, monitor your favorite cryptocurrencies, and stay ahead of the market.

View Live Market Data 

• Dec 4 – US Initial Jobless Claims Announcement  
• Dec 5 – US Core PCE Index Announcement
• Dec 5 – Canada Unemployment Rate Announcement 

This week’s blog breaks down how Pudgy Penguins went from a simple NFT collection to a globally recognized Web3 brand. You will discover how community-led governance reshaped the project, how viral content fueled mainstream visibility, and how physical products and innovative IP licensing pushed the brand far beyond Web3. To learn more, click here.

Explore Learning Hub

• One Click Staking
• Flexible and Fixed Plan Options
• Earn Passive Income
• Grow Your Holdings

Discover Staking