U.S. prosecutors have urged a federal judge in New York to impose a 12-year prison sentence on Terraform Labs co-founder Do Kwon, describing his involvement in the 2022 TerraUSD collapse as a “massive” fraud that contributed to wider turmoil in the crypto market, including the eventual failure of FTX. His sentencing is set for December 11.
Polish legislators were unable to override President Karol Nawrocki’s veto of a digital-assets bill, effectively halting Prime Minister Donald Tusk’s push to implement crypto regulations aligned with EU standards. The lower chamber failed to secure the three-fifths majority needed for an override, even though Tusk maintained that the measure was crucial for national security.
Upbit, South Korea’s largest cryptocurrency exchange, has removed all previously issued deposit addresses as part of its ongoing wallet maintenance. Users will need to create new addresses before making deposits. Starting December 5 at 17:00 KST, deposits and withdrawals for 33 assets across 21 networks will be restored in stages. The update comes in the aftermath of the November 27 security incident that resulted in roughly 44.5 billion KRW in losses.
Binance founder Changpeng Zhao said on December 4 that simply holding Bitcoin is one of the strongest investment strategies, outperforming 99% of startups. He also stressed that he has no ties or cooperation with the Trump family. CZ added that he sees no need to return to Binance’s daily management, noting that his absence continues to support the growth of the broader BNB blockchain ecosystem. #BTC $BTC
Two individuals have been detained in Vienna in connection with the robbery, killing, and car arson involving a 21-year-old Ukrainian heir who reportedly held significant cryptocurrency assets. According to police, the victim was lured into a hotel’s underground parking garage by people of the same nationality, where he was assaulted and coerced into giving up the passwords to two crypto wallets. The funds were then allegedly transferred out.
Ethereum’s mainnet has completed the “Fusaka” upgrade, marking an important milestone in its L1-plus-rollup strategy. The update boosts base-layer performance, increases blob capacity, reduces rollup operating costs, and improves overall user experience. It also introduces a Blob Parameter Only (BPO) fork mechanism, allowing blob capacity to be raised safely as demand from rollups scales. Consensys previously noted that Ethereum intends to move from yearly upgrades to twice-yearly hard forks going forward.
Binance has introduced Binance Junior, a parent-managed crypto sub-account app aimed at users aged 6 to 17. To set one up, parents must already have a Binance account, complete full KYC verification, and enable Two-Factor Authentication (2FA). #crypto #Binance
Ethereum developers are experimenting with a zero-knowledge (ZK) privacy protocol that enables anonymous on-chain “Secret Santa”–style matching. The system uses ZK proofs to confirm valid participation, relayers to obscure where transactions come from, and shared randomness to encrypt gift messages — ensuring that wallet addresses aren’t revealed and preventing duplicate sign-ups or being matched with oneself. The initiative is viewed as an important step toward Ethereum’s broader privacy infrastructure, with potential use cases including anonymous voting, DAO governance, whistleblower tools, and private airdrop distributions.
After the U.S. imposed sanctions, Huione Pay — regarded as the largest money-laundering network operating in Cambodia — faced a severe bank run. On December 1, the company suddenly announced it would shut down operations until January 5 and begin a delayed repayment process. Long lines of users have since gathered outside its headquarters in Phnom Penh. #crypto
Anthropic’s new research indicates that modern AI agents have developed notable abilities to replicate on-chain exploits. In tests simulating real smart-contract attacks from 2020–2025, Claude Opus 4.5, Sonnet 4.5, and GPT-5 reproduced roughly $4.6 million worth of historical exploit outcomes. When analyzing 2,849 newly deployed contracts with no previously reported issues, the models also identified two undisclosed vulnerabilities and generated profitable attack scenarios. The report concludes that AI-enabled exploit activity has been growing rapidly, with estimated revenues doubling about every 1.3 months — suggesting that autonomous, profit-motivated smart-contract exploitation is now within technical reach.
Strategy purchased 130 BTC for roughly $11.7 million at an average price of about $89,960 per coin. As of November 30, 2025, the company holds 650,000 BTC in total, acquired for approximately $48.38 billion at an average cost of $74,436 per bitcoin.
Yearn Finance’s yETH product suffered an exploit in which the attacker appears to have minted almost unlimited yETH, draining the pool in a single transaction and netting roughly 1,000 ETH (around $3 million). A portion of the stolen funds was later routed through Tornado Cash. On-chain data suggests the operation used several freshly created contracts that self-destructed after the attack, and the full extent of the losses is still uncertain. Yearn stated that it is investigating the incident and emphasized that its V2 and V3 Vaults were not impacted.
Arthur Hayes, the founder of BitMEX, said the newest audit indicates that Tether is essentially positioning itself for upcoming Federal Reserve rate cuts, which would reduce its interest earnings. To offset this, Tether has boosted its exposure to gold and Bitcoin as a hedge against “the declining value of money.” Hayes pointed out that if this gold–BTC portfolio were to fall by around 30%, it could eliminate Tether’s equity, theoretically putting USDT at risk of insolvency. He also suggested that large holders and exchanges will likely push for real-time insight into Tether’s financials.
BitMEX co-founder Arthur Hayes reiterated his $250,000 year-end price target for Bitcoin, saying on this week’s “Milk Road Show” that last week’s drop to $80,600 was the cycle low and that the subsequent bounce reinforces his view. He noted that a large share of the inflows into BlackRock’s IBIT came from “basis trade” strategies and believes most institutional deleveraging has already played out. With USD liquidity scraping the bottom, quantitative tightening wrapping up, and expectations for rate cuts increasing, he anticipates the next major move upward is coming.
The U.K.’s HMRC has introduced new regulations obligating crypto exchanges operating in the country to collect complete transaction records from all U.K. users beginning January 1, 2026. The data must then be submitted to HMRC in 2027, allowing the tax authority to verify filings and combat crypto-related tax evasion. This approach is aligned with the OECD’s Crypto-Asset Reporting Framework (CARF), which is already being implemented in the EU, Canada, Australia, Japan, and South Korea.
Speaking on Altcoin Daily, BitMEX co-founder Arthur Hayes slammed Monad, arguing that the so-called “next ETH killer” is simply a high-FDV, low-float project built for founders and VCs to offload tokens onto retail investors. Hayes said Monad has no real shot at competing with Ethereum — “not even Solana.” He mentioned he holds a small position, but remains “99% bearish” overall.
Turkmenistan has approved a new law that legalizes and regulates digital assets, establishing a licensing system for cryptocurrency exchanges and mining operations. The rules will take effect on January 1, 2026, and government officials say the framework is designed to draw investment and promote economic diversification.
ZEN is testing a major demand zone and showing signs of buyers stepping in right at the support. As long as it holds above this shaded area, price is positioned for a potential bullish bounce.
A reclaim of the recent minor highs could trigger momentum for an upward move, making this zone a strong area for accumulation by bulls. $ZEN
Upbit, South Korea’s biggest cryptocurrency exchange, has been hit by a hack totaling roughly 44.5 billion KRW ($32 million). Investigators are examining whether North Korea’s Lazarus Group was responsible, as the group was also tied to Upbit’s 2019 theft of 58 billion KRW in Ethereum. The attackers targeted a hot wallet and used “hopping” and “mixing” techniques commonly associated with Lazarus.
Connectez-vous pour découvrir d’autres contenus
Découvrez les dernières actus sur les cryptos
⚡️ Prenez part aux dernières discussions sur les cryptos