Crypto

Do Kwon faces sentencing in U.S. federal court on Dec. 11, 2025. Prosecutors sought a 12-year term and the defense asked for no more than five, with Judge Paul A. Engelmayer presiding and South Korea charges still pending. The proceeding follows a June 2024 final judgment in the SEC’s civil case that imposed about $4.47 […] The post How Do Kwon’s jail sentence forces a brutal “truth test” that many algorithmic tokens will instantly fail appeared first on CryptoSlate.

In what are likely her final days at the agency, the acting chairman checked another box from President Donald Trump's crypto agenda.

The updated protocol, x402 V2, allows developers to combine payments, enable secure wallet access, and add new features via a clean, modular design.

District Judge Paul Engelmeyer offered the Terraform Labs co-founder the chance to postpone his sentencing date, in light of hundreds of victim impact statements shared with the court in the past 24 hours.

Coinbase says millions of new on-chain assets should be accessible to all users, expanding Solana exposure through a simple in-app interface.

In the prolonged process of the Senate, two key officials have faced a series of procedural steps on their way to a final vote, possibly early next week.

Galaxy’s onchain debt deal, where JP Morgan acted as arranger, was settled in USDC stablecoin and backed by Coinbase and Franklin Templeton.

Senators could vote on Michael Selig's nomination to head the CFTC, which, if successful, is expected to lead to the departure of acting Chair Caroline Pham. Update (Dec. 11 at 7:35 pm UTC): This article has been updated to include a Thursday policy announcement from Caroline Pham. The top Republican on the Senate Agriculture Committee said the full chamber could vote on US President Donald Trump’s pick to chair the Commodity Futures Trading Commission “maybe as soon as this afternoon.” In a prepared statement for a Thursday hearing on CFTC reauthorization, Committee Chair Glenn Thompson said the Senate could vote on Michael Selig’s nomination to chair the agency on Thursday. The potential vote would come just a few weeks after the Agriculture Committee advanced Selig’s nomination to the full chamber, along partisan lines.  Read more

Bitcoin price breakouts continue to be rejected at $94,000, even as traders’ long-term view of US monetary policy and the crypto market turns bullish. Bitcoin’s (BTC) price action remained underwhelming this week after another failed attempt to reclaim the monthly volume-weighted average price (VWAP), with BTC consolidating near $90,000 following the Federal Reserve’s 0.25% interest rate cut. The market continued to reject any meaningful push above $93,000, thereby limiting bullish momentum. Key takeaways: One Bitcoin analyst said that liquidity contraction is suppressing Bitcoin’s upside, reducing demand relative to sell pressure. Read more

World Liberty Financial’s USD1 stablecoin is now a part of Binance’s core infrastructure, the President Trump-backed crypto project said.

So much for that post-Fed relief rally. Bitcoin and Ethereum are again trending downwards, and the charts suggest bears are in control.

The Bank of Mexico's new stability report flags liquidity, contagion and regulatory-arbitrage risks as crypto adoption accelerates in Latin America. Mexico’s central bank warned in a new financial stability report that “stablecoins pose significant potential risks to financial stability,” citing their rapid growth, links to traditional finance and global regulatory gaps that could fuel arbitrage and magnify market stress. Stablecoins’ heavy reliance on short-term US Treasurys, market concentration with two issuers controlling 86% of the supply and past depegging episodes with stablecoins underscore how vulnerable the sector remains to stress, according to the Banxico report. Without coordinated international safeguards, mass redemptions or issuer failures could spill into broader funding markets, the central bank warned.   Read more

The exchange is adding new USD1 trading pairs and replaces BUSD collateral with the token.

Is there a chance for a major rally?

More Bitcoin now sits outside exchanges, and courts cannot move those coins without keys. That custody shift is colliding with family law. Exchange balances hover near multi-year lows at roughly 14–15% of circulating supply, about 2.7–2.8 million BTC. The rest sits with institutions in vaulted custody or in personal wallets where a 12–24 word seed […] The post Bitcoin is now the ultimate “divorce loophole” because courts physically cannot seize the keys appeared first on CryptoSlate.

Swedish fintech firm Klarna is working towards the launch of its own crypto wallet with Stripe-owned wallet infrastructure firm, Privy.

The nation that first adopted bitcoin as legal tender is looking to pioneer AI-powered education in 5,000 Salvadoran schools with xAI’s Grok

The Himalayan Kingdom mines Bitcoin, holds digital asset reserves, and has embraced blockchain technology to modernize its financial system. Gelephu Mindfulness City (GMC), a special administrative zone of Bhutan, announced on Wednesday that it is launching a sovereign gold-backed digital token called TER.  The physical gold deposits will be custodied by DK Bank, a digital asset bank regulated by the government of Bhutan, and issued on the Solana Blockchain network, according to GMC’s announcement. Matrixdock, a real-world asset tokenization (RWA) platform, is the technology partner responsible for tokenizing the real-world asset on the blockchain. Read more

The planned deal will bring Corbiere’s equity and event-driven strategies under Blockstream’s asset management arm.

Slumps across equity, options and crypto trading in November raised concerns that retail investor momentum may be fading.