Metaplanet to Start Sponsored ADR Program to Woo Over-the-Counter U.S. Investors
Metaplanet announced that its American depositary receipts will begin trading on December 19 under the ticker MPJPY on the U.S. over‑the‑counter market. The sponsored Level I ADRs replace the unsponsored MTPLF instruments and are backed by a formal deposit agreement with Deutsche Bank Trust Company Americas as depositary and MUFG Bank as custodian. Each ADR represents one common share and settles through standard U.S. securities infrastructure, offering lower fees and broader brokerage access. The move is not a capital‑raising effort but aims to improve transparency and operational efficiency for U.S. investors in the firm’s large bitcoin holdings.
Bybit Returns to UK with 100 Crypto Trading Pairs After 2-Year Break
Bybit, the world’s second‑largest crypto exchange, has re‑entered the United Kingdom after a two‑year hiatus, offering spot trading on 100 currency pairs. The comeback follows the FCA’s 2023 crackdown on crypto advertising, which forced several firms out of the market....
Coinbase Borrows Kalshi’s Playbook, Sues Three States over Prediction Markets
Coinbase has filed lawsuits in Connecticut, Illinois and Michigan, seeking a federal ruling that its upcoming CFTC‑regulated prediction markets fall under the Commodity Exchange Act rather than state gambling statutes. The exchange argues that federal jurisdiction should pre‑empt the patchwork...
How Cheap Power Turned Libya Into a Bitcoin Mining Hotspot
Libya’s heavily subsidized electricity, priced at roughly $0.004 per kilowatt‑hour, turned the country into a surprisingly profitable hub for Bitcoin mining, even with outdated hardware. At its peak in 2021, the clandestine farms contributed about 0.6 % of the global Bitcoin...
Crypto Breaks Higher as BOJ Decision Clears a Macro Overhang
Bitcoin and ether surged past key technical levels after the Bank of Japan raised rates to a three‑decade high, lifting Asian risk appetite. Bitcoin broke $87,000 while ether climbed alongside a 2 % rise in the CoinDesk 20 index, as equities...
Raoul Pal Says Capital Rotation Could Be Fuelling Zcash Boom
Real Vision founder Raoul Pal warned that Zcash's recent surge may stem from capital rotation rather than a genuine market uptrend. The privacy token has rallied 699% since the start of the year but slipped about 37% over the past...
SEC Flags Bitcoin Miner Hosting Services as Subject to Securities Laws
The U.S. Securities and Exchange Commission sued Bitcoin mining firm VBit, alleging it sold more hosting agreements than it could support and misappropriated about $48 million, classifying the contracts as securities under the Howey test. The SEC claims investors relied on...
Bitwise Files with SEC to Offer Spot Sui ETF
Bitwise has submitted a Form S‑1 to the SEC to launch a spot Sui exchange‑traded fund, with Coinbase Custody designated as the custodian. The fund would track the native token of the Sui Network, a layer‑1 blockchain currently ranked 31st...
Crypto Has Everything Needed for a Bull Market, so Why Is the Market Down?
Despite a suite of bullish catalysts—including heightened liquidity, pro‑crypto regulatory signals, new ETF launches and growing institutional exposure—cryptocurrency markets are heading lower, with total market capitalization down more than 32% from its $4.4 trillion peak and nearly 13% below the start...
Senate Confirms Trump Crypto-Friendly Nominees to Take over CFTC, FDIC
President Donald Trump secured Senate confirmation for his crypto‑friendly nominees, Mike Selig as CFTC chairman and Travis Hill as FDIC chairman, with a 53‑43 vote. Selig, a former SEC official, inherits a CFTC commission reduced to a single member and...
Synthetix Returns to Ethereum Mainnet After 3 Years: ‘We Can Run It Back’
Synthetix announced its return to Ethereum mainnet after a three‑year hiatus, citing dramatically lower gas fees and recent layer‑1 scaling upgrades. The network’s average fee has dropped to roughly 0.71 gwei, a 26‑fold reduction from a year ago, making high‑frequency perpetual...
Crypto CLARITY Act Set for Senate Markup in January, Sacks Says
The Digital Asset Market Clarity Act, known as the CLARITY Act, is slated for a Senate markup in January, according to White House AI and crypto adviser David Sacks. The bipartisan bill, already cleared by the House, seeks to define...
Synthetix Unveils Perpetual DEX on Ethereum Mainnet
Synthetix is launching a perpetual derivatives DEX on Ethereum mainnet that uses a hybrid on‑chain/off‑chain central limit order book to sidestep latency and high gas fees. The platform debuts Bitcoin, Ethereum and Solana perpetual contracts with up to 50× leverage,...
Altcoins Plunge as Bitcoin's $85,000 Test Triggers $550 Million in Liquidations
Bitcoin slipped below the critical $85,000 support, touching $84,500 before a modest rebound, erasing its earlier rally to $89,500. The breach sparked roughly $550 million in derivatives liquidations, affecting both long and short positions. Altcoins led the sell‑off, with Solana falling...
Cypherpunk Values Are Dying, but They’re 'Not Dead Yet'
Cointelegraph argues that core cypherpunk principles—privacy, self‑sovereignty and decentralization—are rapidly eroding in today’s data‑driven society. The piece cites recent controversies, such as Vitalik Buterin’s mixer donation, to illustrate growing stigma around privacy tools. In response, Cointelegraph is launching a weekly show,...
NYSE Parent in Talks to Invest in Crypto Company MoonPay: Report
Intercontinental Exchange (ICE), the parent of the NYSE, is in talks to invest in crypto‑payments firm MoonPay as part of its $5 billion valuation round, though the exact amount remains undisclosed. ICE previously committed $2 billion to prediction market Polymarket, valuing that...
Lido Outlines $60M Plan to Expand Beyond Liquid Staking
Lido DAO has unveiled a $60 million budget to broaden its product suite beyond liquid ETH staking, targeting stablecoin yield offerings for institutional users. The proposal, named “2026 Ecosystem Grant gRequest (EGG): Executing GOOSE‑3,” seeks to create new earn products and...
Bitcoin Policy Institute Reps Sound Alarm on De Minimis Tax Exclusion
Bitcoin Policy Institute strategist Conner Brown warned that a de minimis tax exemption being debated in Congress appears limited to dollar‑pegged stablecoins, leaving Bitcoin transactions unprotected. Senator Cynthia Lummis’s bill proposes a $300 threshold with a $5,000 annual tax‑free cap, plus...
Why Bitcoin’s Popular Narratives Don’t Match the Data: James Check on 2026
James Check’s on‑chain analysis shows Bitcoin’s price masks deeper market shifts. Leverage has fallen while the average cost base rose, leaving many investors underwater. Coins of all ages are re‑entering the market faster, increasing supply pressure. Check argues that ETFs,...
ECB’s Christine Lagarde Shifts Focus to Digital Euro Rollout After Holding Rates
ECB President Christine Lagarde announced that the central bank has finished the technical and preparatory work for a digital euro, shifting the next steps to political approval by the European Council and Parliament. The ECB kept key interest rates unchanged,...
Intuit to Use Circle’s Stablecoin for Financial Platforms
Intuit announced a multi‑year strategic partnership with Circle to embed the USDC stablecoin across its flagship platforms, including TurboTax, QuickBooks, Credit Karma and Mailchimp. The collaboration promises faster, lower‑cost payments for business transactions, tax refunds and marketing services. USDC, the...
Bitcoin's 'Realized Cap' Holds at Record High over $1 Trillion, Casting Doubt on Four-Year Cycle
Bitcoin’s realized capitalization—a metric that values each coin at its last moved price—has hit a record $1.125 trillion, even as the cryptocurrency’s price has fallen nearly 40% over the past ten weeks. Glassnode data shows the realized cap continued rising through...
MEV Trading Returns to Court in Pump.fun Class-Action Lawsuit
A U.S. judge approved an amendment to the Pump.fun class‑action lawsuit, allowing more than 5,000 internal chat logs as evidence. The suit claims Pump.fun, Solana Labs, Jito Labs, and the Solana Foundation used maximal extractable value (MEV) to front‑run retail...
ICP Extends Recovery to Rise Above $3; Trading Volume Increases without Spiking
ICP rose to $3.01, up 2.2% in the past 24 hours, reclaiming the $3 level after a period of consolidation. The token’s price is forming higher lows, indicating a steady recovery rather than a sharp breakout. Trading volume increased modestly,...
Bitcoin Retraces Back Below $89,000 as Traders Unsure of Next Move
Bitcoin fell back below $89,000, breaking a short‑term resistance level and prompting uncertainty among traders. The broader cryptocurrency market remains largely flat, with the top ten assets showing slight gains but staying in weekly red territory. This pull‑back reflects cautious...
Aptos Introduces Post-Quantum Signatures Before They’re Urgently Needed
Aptos has drafted AIP‑137 to add SLH‑DSA, a post‑quantum signature scheme, as an optional account‑level option, making it one of the first production blockchains with native quantum‑resistant support. The proposal follows NIST’s release of post‑quantum cryptography standards and growing industry...
BONK Drops 6.2% as Elevated Volume Marks Shift at Key Technical Levels
BONK dropped 6.2% to about $0.00000833 after failing to hold near the $0.0000091 resistance level. Elevated trading volume signaled aggressive speculative selling, while a brief rebound lifted the token above $0.00000830 before it settled near short‑term support. The price now...
Top Solana Lending Protocol Adds Superstate Tokenized Shares as Collateral
Tokenization firm Superstate announced that its tokenized public‑equity shares are now accepted as collateral on Kamino, Solana’s largest lending protocol, which holds $2.24 billion in TVL. The initial offering supports tokenized shares of Forward Industries, whose stock rose over 6% on...
Private Keys Are the Worst Design in Crypto — And It’s Costing Billions
Alph.AI proposes a keyless crypto wallet that eliminates private keys using multi‑party computation and zero‑trust design. The article highlights that private‑key compromises have caused $22.7 billion in losses since 2011, with 2025 incidents alone costing up to $2.47 billion. By fragmenting signing...
Coinbase Unveils 'End-to-End' RWA Tokenization Platform
Coinbase announced Coinbase Tokenize, an institutional platform that brings real‑world assets onto the blockchain through a single, end‑to‑end solution covering issuance, custody, compliance, and trading. The service will support a broad spectrum of assets, from equities and private company shares...
Coinbase Shares Rise as ‘Ambitious Expansion’ Wins Analyst Praise
Coinbase shares jumped up to 4.6% after unveiling a roadmap that adds U.S. equity trading, AI‑powered advisory tools, tokenization capabilities, and stablecoin infrastructure. Analysts from J.P. Morgan, Clear Street, and Citi praised the expansion, noting it broadens the addressable market...
Most Influential: Dennis Porter
Dennis Porter, through the Satoshi Action Fund, has driven a surge of state bitcoin reserve laws, delivering legislative language and lobbying support that led to at least ten states adopting the model. While the federal crypto reserve proposal remains stalled,...
PayPal to Use PYUSD Stablecoin to Fund AI Infrastructure Through USD.AI
PayPal is extending its PYUSD stablecoin to fund AI infrastructure by partnering with USD.AI, which will issue on‑chain loans for GPUs and data centers denominated in PYUSD. Borrowers can receive loan proceeds directly into PayPal accounts, blending familiar payment workflows...
Tether CEO Says AI Bubble Is Bitcoin’s Biggest Risk in 2026
Tether CEO Paolo Ardoino warned that an AI‑driven bubble could destabilize Bitcoin by 2026, though he expects corrections to be milder than the 80% drops seen in 2022. He remains bullish on real‑world‑asset tokenization and institutional adoption, while expressing a...
Most Influential: Javier Pérez-Tasso
Javier Pérez‑Tasso, CEO of Swift since 2019, has steered the banking‑utility giant into blockchain by launching a proprietary ledger with more than 30 financial institutions. The new network enables 24/7 cross‑border payments, promising faster settlement and greater efficiency. Building on...
Most Influential: Sam Altman
Sam Altman has been named the most influential figure in AI for 2025, highlighting his role in embedding artificial intelligence into work and play. The article explores how the soaring demand for compute is prompting the crypto community to propose...
Attacker Takes over Multisig Minutes After Creation, Drains up to $40M Slowly
A whale’s multisig wallet was seized just six minutes after its creation, allowing an attacker to drain and launder over $40 million through staged transactions and Tornado Cash. The wallet’s 1‑of‑1 configuration effectively nullified its multisig protection, and forensic analysis revealed the...
North Korean Hackers Stole a Record $2 Billion of Crypto in 2025, Chainalysis Says
North Korean hackers stole a record $2 billion in cryptocurrency during 2025, bringing the regime’s total haul to $6.75 billion. The surge stems from a strategic focus on massive breaches of centralized services, highlighted by a $1.4 billion hack of the Bybit exchange....
Crypto Losses Near $3.4B as Hackers Went ‘Big Game Hunting’
Crypto losses hit $3.4 billion in 2025, the highest since 2022, driven by three massive hacks that accounted for 69 % of the total. The Bybit breach alone cost $1.4 billion, highlighting the risk to centralized exchanges. While DeFi protocols saw their total...
SoFi Unveils the First Bank-Issued Stablecoin for Enterprise Payments
SoFi Bank has become the first U.S. national bank to launch a stablecoin, SoFiUSD, which is fully backed 1:1 by cash at the Federal Reserve. The token is live on a public blockchain, offering near‑instant, low‑cost transfers and immediate redemption...
Kraken-Backed xStocks Launches on TON Wallet in ‘Nearly All Markets’
Kraken‑backed tokenized securities platform xStocks has launched on TON Wallet, Telegram’s self‑custodial wallet on the Open Network blockchain. The initial offering includes ten U.S. equities, covering about 95% of expected trading volume. The service is available in most markets where...
Uniswap Vote Could Soon Tie UNI Token Value to Its Multibillion-Dollar Trading Engine
Uniswap governance has opened voting on the “UNIfication” proposal, which would activate protocol fees on selected v2 and v3 pools and introduce a permanent UNI token burn mechanism. The plan includes an immediate burn of 100 million UNI, cutting circulating supply...
New SEC Rules Lets Morgan Stanley, Goldman Sach Legally “Control” Your Private Keys without the Safety Net You Assume Exists
The SEC refreshed its crypto‑asset FAQ, outlining how broker‑dealers such as Morgan Stanley and Goldman Sachs can satisfy custody and capital rules for crypto‑asset securities. The guidance allows firms to demonstrate “control” under Rule 15c3‑3(c) through qualifying control locations rather than...
Coinbase Expands in Poland with Blik Mobile Payments Integration
Coinbase announced a partnership with payment processor PPro to add Poland’s popular Blik mobile‑payment system to its platform, tapping nearly 20 million users. The integration aims to simplify crypto purchases and withdrawals, aligning with the exchange’s focus on local payment rails....
JPMorgan’s Tokenized Dollars Are Quietly Rewiring How Wall Street Moves Money
JPMorgan has introduced its tokenized deposit product, JPM Coin (JPMD), on Coinbase’s public Base blockchain, moving from a private‑chain model to a public‑layer‑2 solution. The token represents interest‑bearing claims on actual bank deposits and is transferable only among whitelisted institutional clients....
Bitcoin Is All over the Place Ahead of U.S. Inflation Data
Bitcoin traded erratically between $86,000 and $90,000 as markets awaited the November U.S. CPI report, expected to rise to 3.1% YoY. The data will be the first comprehensive inflation reading after a government shutdown canceled October’s report, putting the Federal...
Ethereum Needs Simple Explanation to See True Trustlessness: Buterin
Vitalik Buterin says Ethereum must become easier to understand to achieve genuine trustlessness, arguing that a protocol’s complexity limits who can verify it. He suggests simplifying the system, even at the cost of some features, to broaden user comprehension. The Ethereum...
MSCI’s Crypto Treasury Rules Could Spur $15B of Forced Selling
MSCI is considering excluding crypto‑treasury companies from its indexes, a move that could force $10‑15 billion in asset sales. Analysts estimate total outflows of $11.6 billion, with Michael Saylor’s Strategy alone facing $2.8 billion in exits. The affected firms hold $113 billion in float‑adjusted...
US Fed Pulls Guidance Blocking Its Banks From Engaging with Crypto
The Federal Reserve has withdrawn its 2023 guidance that barred uninsured banks from offering crypto services, labeling it outdated. In its place, the Fed issued new guidance that creates a formal pathway for both insured and uninsured banks to engage...
Bitcoin Drifts Lower as $81.3k Emerges as the Market’s Key Fault Line: Asia Morning Briefing
Bitcoin is hovering near $86,400, but Glassnode’s True Market Mean at $81.3k has become the market’s key fault line. Large‑cap crypto assets remain tightly correlated with Bitcoin, making the $81.3k level a critical barrier between a passive drawdown and broader...