Cryptocurrency News

December, 2025

• 15 December

  Hex Trust Pumps $100M into Wrapped XRP, Sparks Bridge Exploit Concerns

  

  Hex Trust, a leading regulated digital asset custodian, has launched Wrapped XRP (wXRP), injecting over $100 million in initial Total Value Locked (TVL) to bring XRP into multi-chain DeFi. The move expands utility but reignites debates over cross-chain security vulnerabilities. The Launch Details Announced December 11-12, 2025, wXRP is a 1:1-backed representation of native XRP, issued and custodied by Hex …
• 15 December

  Crypto Controversy Continues: Do Kwon Could Face Another Trial in Korea

  

  Terraform Labs co-founder Do Kwon, responsible for the 2022 TerraUSD and Luna collapse that wiped out $40 billion in investor funds, was sentenced to 15 years in U.S. federal prison on December 11, 2025. The saga continues, as South Korean authorities prepare for a separate trial upon his possible return. US Sentencing Details In Manhattan federal court, Judge Paul Engelmayer …
• 15 December

  HashKey Aims High: Targets Upper-End Pricing for Hong Kong IPO

  

  HashKey Holdings Ltd., operator of Hong Kong’s largest licensed cryptocurrency exchange, has priced its initial public offering (IPO) toward the upper end of the range, raising HK$1.6 billion (~$206 million). The pricing signals robust investor demand and bolsters Hong Kong’s ambitions as a regulated digital asset hub. IPO Details On December 15, 2025, sources confirmed HashKey sold 240.6 million shares …
• 15 December

  Bitcoin Hits Pause Near $90K Amid Holiday Market Slowdown

  

  Bitcoin (BTC), the leading cryptocurrency, is hovering around the $90,000 level as December 15, 2025, trading volumes thin out during the holiday season. After reaching all-time highs near $126,000 earlier this year, BTC has entered a consolidation phase, reflecting reduced market activity and investor caution. Current Market Snapshot On December 15, Bitcoin prices range from approximately $88,500 to $90,800 across …
• 15 December

  Binance Denies Delaying Response in Upbit Hack Investigation

  

  Binance, the world’s largest cryptocurrency exchange, has denied allegations of delaying or inadequately responding to requests to freeze funds stolen in the November 27, 2025, Upbit hack. South Korean investigators traced portions of the ~$30-37 million in laundered Solana-based assets to Binance, sparking criticism over the exchange’s actions. The Upbit Breach On November 27, hackers exploited Upbit’s Solana hot wallet, …
• 15 December

  Major JavaScript Library Breach Puts Every Crypto Website at Risk

  

  A critical vulnerability in React Server Components (CVE-2025-55182) is being actively exploited by cybercriminals, enabling remote code execution on vulnerable websites and raising alarms across the cryptocurrency sector. Security researchers report a surge in crypto-draining attacks targeting Web3 platforms. What Happened? Attackers are leveraging the flaw to inject malicious scripts into legitimate crypto sites. These scripts intercept wallet interactions in …
• 12 December

  SEC Clears the Way: DTCC Subsidiary Gets Green Light for Tokenization Service

  

  In a pivotal endorsement of blockchain innovation, the U.S. Securities and Exchange Commission (SEC) issued a no-action letter on December 11, 2025, to the Depository Trust Company (DTC), a subsidiary of the Depository Trust & Clearing Corporation (DTCC). This approval enables DTC to launch a tokenization service for traditional securities in a controlled production environment, signaling the SEC’s evolving openness …
• 12 December

  YouTube Unlocks Crypto Pay: US Creators Can Now Earn in Stablecoins via PayPal

  

  YouTube is diving deeper into the crypto economy, enabling U.S.-based creators to receive payouts in PayPal’s dollar-backed stablecoin, PYUSD, through its existing payment infrastructure. Announced on December 11, 2025, and confirmed by Google and PayPal executives, the feature offers faster, low-cost settlements for ad revenue, channel memberships, Super Chats, and other earnings—without YouTube directly handling crypto. How Stablecoins Transform Creator …
• 12 December

  Bitcoin Whales Dump $3.4B in December — BTC Stuck at $92K Wall: Glassnode

  

  Bitcoin’s price rally is hitting a wall as major holders—known as whales—have dumped approximately $3.4 billion worth of BTC in December, according to on-chain analytics firm Glassnode. The sell-off, totaling around 36,500 BTC from wallets holding 10,000 to 100,000 coins, has flooded exchanges with supply just as BTC struggles to breach the $92,000 mark. As of December 12, 2025, Bitcoin …
• 12 December

  Korean Officials Say Binance Only ‘Partially’ Helped Freeze Upbit Hack Funds

  

  South Korean authorities are intensifying scrutiny of Binance’s response to the November 27, 2025, hack of Upbit, the country’s largest cryptocurrency exchange, where attackers stole approximately 44.5 billion won ($30 million) in Solana-based assets. Officials claim the global exchange provided only “partial” assistance in freezing suspicious funds, freezing just 17% of the requested amount after a 15-hour delay, despite urgent …