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Hong Kong’s crypto vanguard, HashKey Holdings, has vaulted a pivotal regulatory barrier, securing clearance from the Hong Kong Exchanges and Clearing (HKEX) listing committee on December 1, 2025. This greenlight propels the licensed exchange operator—Asia’s largest by volume—toward a blockbuster initial public offering (IPO) potentially raising up to $500 million, per disclosures in its Post Hearing Information Pack. Founded in …
Business
December, 2025
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1 December
Musk Foresees ‘Death of Money’ in Post-Scarcity Era: Energy as True Currency, Bitcoin’s Physics Edge to Endure
Tesla and SpaceX visionary Elon Musk ignited fresh crypto fervor on November 30, 2025, during Nikhil Kamath’s “People by WTF” podcast, prophesying the obsolescence of traditional money in an AI-driven utopia while anointing Bitcoin as a resilient “physics-based currency” rooted in energy’s unforgeable scarcity. Drawing from Iain M. Banks’ *Culture* novels—galactic societies sans cash, where super-AIs fulfill desires—Musk envisioned abundance …
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1 December
Japan Plans Flat 20% Tax on Crypto Gains, Aligning With Stock Market Rates
Japan, a crypto pioneer since 2017’s exchange licensing, is rewriting its digital asset playbook with a game-changing proposal: A uniform 20% tax on cryptocurrency profits, harmonizing them with equities and investment trusts. Backed by the government and Liberal Democratic Party (LDP), the shift—detailed in Nikkei Asia on December 1, 2025—reclassifies gains under a separate-taxation regime, ditching the punitive progressive “miscellaneous …
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1 December
Major Hack Hits Yearn Finance yETH, $3M ETH Laundered via Tornado Cash
The decentralized yield optimizer Yearn Finance faced a gut-punch on November 30, 2025, as a cunning infinite-mint attack ravaged its legacy yETH liquid staking token (LST) stableswap pool, siphoning ~$9 million in assets. Flagged by on-chain sleuth @Togbe and PeckShieldAlert, the breach—unfolding in a blistering single transaction—exposed persistent risks in outdated DeFi plumbing, even as core vaults held firm. At …
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1 December
Sony Bank to Enter Crypto Space with USD-Backed Stablecoin Next Year
In a bold fusion of legacy tech and blockchain innovation, Sony Bank is poised to issue a U.S. dollar-pegged stablecoin by fiscal 2026, targeting seamless transactions across Sony’s sprawling entertainment empire. Unveiled via Nikkei Asia on November 30, 2025, the move catapults the Japanese financial arm into the $306 billion stablecoin arena, joining titans like Circle’s USDC and Ripple’s RLUSD …
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1 December
Crypto Suffers Biggest Hit Since February: Trading Volume Dives to $1.6T, ETFs Lose $3.5B
The cryptocurrency market staggered into December 2025 nursing wounds from November’s brutal rout—its sharpest monthly slide since February—with spot trading volumes cratering to $1.59 trillion, a 30% plunge from October’s $2.3 trillion peak. This liquidity drought, coupled with $3.48 billion in net outflows from U.S. spot Bitcoin ETFs, underscores a seismic shift in investor confidence, as risk-off sentiment grips the …
November, 2025
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30 November
Bitcoin’s Coinbase Premium Turns Positive After Weeks in the Red
Bitcoin’s Coinbase Premium Index has surged into positive territory for the first time in nearly a month, igniting hopes of a domestic demand revival amid November’s brutal sell-off. As of November 29, 2025, the index clocked in at +0.18%—a stark reversal from its -0.15% nadir on November 22, the widest discount since Q1—while BTC stabilized near $91,100, up 8% weekly …
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30 November
XRP Shows Signs of Recovery: Is the Bottom Finally In?
After a bruising 18% monthly slide, XRP is clawing back, stabilizing around $2.20 on November 30, 2025, with a 0.76% daily uptick and 8.10% weekly gain—outpacing the broader crypto market’s 3.30% rise. Trading volume surged to $2.05 billion, signaling renewed interest post the November 13 launch of seven spot XRP ETFs from Grayscale and Franklin Templeton, which drew $58 million …
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30 November
Bitcoin Faces Storm: Global Growth Outlook Hits Worst Since Covid & FTX
Bitcoin holders are on edge as Bitwise Asset Management’s latest analysis reveals the cryptocurrency is embedding the most bearish global growth expectations since the 2020 Covid-19 crash and the 2022 FTX implosion. With BTC dipping 0.94% to $90,718 on November 29, 2025—down 17% from its October peak of $125,100—this macro pessimism amplifies volatility in an already scarred market. André Dragosch, …
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30 November
Why Gold Is Beating Bitcoin in 2025: The Liquidity Edge
As 2025 draws to a close, gold has staged a stunning comeback, trouncing Bitcoin in a year that exposed the digital asset’s vulnerabilities. Once hailed as “digital gold,” Bitcoin ended the year with a mere 1% YTD gain—the worst among major assets—while gold rocketed 55%, smashing records above $4,370 per ounce. This divergence, fueled by central bank hoarding, geopolitical flares, …