Latest News

December, 2025

• 4 December

  Crypto and Trading Giants Face Connecticut Crackdown for Illegal Gambling

  

  Connecticut’s Department of Consumer Protection (DCP) unleashed a regulatory thunderbolt on December 3, 2025, issuing cease-and-desist orders to **Kalshi**, **Robinhood Derivatives**, and **Crypto.com**. The agency accuses the platforms of peddling unlicensed online sports wagering through “sports event contracts”—prediction markets regulators deem straight-up illegal gambling, bypassing state licensing requirements. The Allegations: Prediction Markets as Gambling DCP’s Gaming Division zeroed in on …
• 4 December

  Binance Launches Junior Wallet, Bringing Crypto to Families

  

  Binance unveiled **Binance Junior** on December 3, 2025, during its Blockchain Week in Dubai—a standalone mobile app transforming crypto into a family affair. Billed as the world’s first parent-supervised crypto savings tool, it targets children aged **6 to 17**, letting guardians build digital wealth while imparting financial literacy in a locked-down environment. Tailored for Safe, Supervised Learning Linked to a …
• 4 December

  Uniswap Founder Slams Citadel: Stop Treating DeFi Like Wall Street

  

  The decentralized finance (DeFi) world erupted on December 4, 2025, as **Uniswap founder Hayden Adams** unleashed a scathing critique of **Citadel Securities**, accusing the Wall Street giant of weaponizing the **SEC** to shackle DeFi under traditional finance rules. In a viral X post, Adams decried Citadel’s recent letter to regulators, framing it as an assault on open-source innovation by entrenched …
• 4 December

  Bitcoin Relief Rally Brewing? Bitfinex Spots Seller Exhaustion

  

  Bitcoin surged nearly 8% on December 3, 2025, rebounding to around $91,440 after dipping below $90,000, as Bitfinex analysts flagged “seller exhaustion” amid extreme deleveraging. The exchange’s latest Alpha report, released December 1, signals a potential local bottom, with reduced selling pressure paving the way for stabilization and an upside bounce. Decoding Seller Exhaustion in BTC Seller exhaustion marks the …
• 4 December

  Austrian Tragedy: 21-Year-Old Killed in Shocking Attack Linked to Crypto Assets

  

  Vienna, Austria—a city synonymous with elegance and safety—was thrust into collective revulsion on December 3, 2025, after the charred remains of 21-year-old Ukrainian student Danilo Kuzmin were discovered in his father’s Mercedes. Authorities revealed the gruesome murder stemmed from a crypto heist: attackers tortured Kuzmin until he surrendered wallet passwords, drained his digital assets, and set him ablaze. The case, …
• 4 December

  Ripple CEO Predicts $180K Bitcoin by 2026 — Binance, Solana Execs Not Convinced

  

  Crypto leaders clashed on Bitcoin’s trajectory during a high-profile panel at Binance Blockchain Week in Dubai on December 3, 2025. **Ripple CEO Brad Garlinghouse** forecasted **$180,000 by end-2026**, citing robust tailwinds, while **Binance CEO Richard Teng** and **Solana Foundation President Lily Liu** offered more tempered outlooks—exposing rifts in industry sentiment amid Bitcoin’s hover around $93,000. Garlinghouse’s Bull Case: Institutional Momentum …
• 4 December

  Kremlin Pushes New Idea: Count Crypto Mining as Russia’s “Hidden Export”

  

  A top Kremlin economic adviser, **Maxim Oreshkin**, ignited debate on December 3, 2025, by urging Russia to classify cryptocurrency mining as a “**hidden export**” in official trade statistics. Oreshkin, President Vladimir Putin’s former Economic Development Minister, argued that mined digital assets—sold on global exchanges without physical borders—generate foreign revenue akin to traditional exports, warranting inclusion in balance-of-payments data to track …
• 4 December

  Solana Mobile to Launch SKR Native Token in January

  

  Solana Mobile, the blockchain’s hardware arm, unveiled plans on December 3, 2025, for SKR, its native governance token, set to launch in January 2026. With a fixed supply of 10 billion tokens, SKR aims to fuel staking, device security, dApp curation, and community rewards across the ecosystem, building on the success of the Seeker smartphone, which has garnered over 150,000 …
• 4 December

  Regulators Crack Down: Coinme Ordered to Repay $8M and Shut Down Operations

  

  Washington state’s Department of Financial Institutions (DFI) delivered a seismic blow to the crypto ATM sector on December 1, 2025, issuing a Temporary Order to Cease and Desist against Coinme, the Seattle-based operator of the nation’s largest cash-to-crypto network. The regulator accuses the firm of illegally claiming over $8.3 million in unredeemed customer vouchers as income, mandating full restitution and …
• 4 December

  Ledger Sounds Alarm: Solana Seeker Core Chip Has Unfixable Security Flaw

  

  The crypto hardware space faced a jolt on December 3, 2025, when Ledger disclosed a critical, hardware-embedded vulnerability in the MediaTek Dimensity 7300 chip powering the Solana Seeker smartphone—a device touted for its integrated crypto wallet and dApp ecosystem. The flaw, uncovered by Ledger’s Donjon security lab, enables attackers with physical access to seize full device control, potentially extracting private …