South Korea Fines Crypto Exchange Korbit $1.9M After AML Breaches
South Korea’s Financial Intelligence Unit (FIU) has imposed an institutional warning and fines totaling ₩27.3 billion ($1.89 million) on Korbit, citing widespread violations of the country’s anti-money laundering (AML) regulations. In a statement the FIU said it had identified multiple breaches following a comprehensive on-site inspection of the cryptocurrency exchange conducted between October 16 and […]
Binance Says User Base Hits 300M as Trading Volume Reaches $34T
Binance said its global user base has exceeded 300 million people with total product trading volume reaching $34 trillion, according to a year-end statement released by co-founders Yi He and Richard Teng. As we wrap up 2025, our Co-CEOs, @heyibinance and @_RichardTeng, share a message with our 300M+ users. Written for the community that helped […]
MEET48 and Messari Publish Research Report on the Comprehensive Overview of MEET48
[PRESS RELEASE – Dubai, United Arab Emirates, December 31st, 2025] MEET48 has released a research report in collaboration with Messari, outlining its platform architecture, user engagement mechanisms, and on-chain economic design. The report positions MEET48 as an early participant in the emerging AI user-generated content (AIUGC) entertainment sector, combining generative AI, virtual idol creation, and […]
Arthur Hayes Dumps ETH for $6M in Pendle, Lido, and Emerging DeFi Tokens
Former BitMEX CEO Arthur Hayes sold a substantial portion of his Ethereum (ETH) holdings this week, redirecting millions into select DeFi tokens. This move highlights a calculated shift in strategy from a core blue-chip asset to what he views as higher-growth opportunities within decentralized finance. Hayes Trims ETH Exposure as DeFi Takes Priority Blockchain analytics […]
Prenetics Pauses Bitcoin Purchases to Focus on Scaling Its IM8 Nutrition Brand
Prenetics, the health science company backed by retired soccer star David Beckham, has paused its Bitcoin treasury strategy. The company stopped acquiring Bitcoin on December 4. The decision comes after months of weakness in the cryptocurrency market. 📝UPDATE: David Beckham, backed Prenetics halts #Bitcoin buying program to focus on scaling its nutrition brand IM8. pic.twitter.com/GJlqlg7L8V […]
APT falls as token underperforms wider crypto markets
The token underperformed broader digital assets as trading activity remained subdued despite recent ecosystem developments.
$10 Billion in Crypto Crime Exposed by IRS Criminal Investigators
The Internal Revenue Service’s Criminal Investigation division closed last year with figures that underline how central digital assets have become to modern crime. According to its latest annual report, the unit identified more than $10 billion in financial crime, carried out over 1,400 search warrants, and seized assets worth hundreds of millions of dollars. The
Bitcoin Strategy Halted: Beckham-Backed Prenetics Quits Buys, Holds 510 BTC
Prenetics Global has reversed its plan to build a Bitcoin treasury, effectively ending the strategy less than three months after raising new investments for it. The Nasdaq-listed firm has announced that it will now focus all its efforts on its consumer healthcare business. The decision arrives amid deteriorating crypto markets and the management points to
Crypto Tax Rules Tighten as OECD CARF Goes Live in 2026
As January 1, 2026, approaches, crypto markets are preparing for one of the most significant regulatory shifts to date. The Organization for Economic Co-operation and Development is rolling out its Crypto-Asset Reporting Framework, known as CARF, across 48 jurisdictions. Countries that fall under these include the United Kingdom, the European Union, and other major financial
Korbit fined $1.9 million for anti money-laundering, customer verification breaches
The South Korean regulator slapped Korbit with a compliance penalty as the crypto exchange conducts talks to be bought by Mirae Asset.
XRP Sees 80% Spike In Major Metric, Why This Matters For Price Appreciation
XRP has recorded a notable surge in one of its most closely watched derivative indicators, which brings attention to how traders are positioning around the asset. Data shows that open interest tied to XRP derivatives jumped by about 80% within a very short four-hour window in the recent trading day, pointing to a sudden influx […]
Russia Proposes Heavy Fines and Prison Sentences for Illegal Crypto Mining Operations
Russia is shifting towards cracking down on unregistered cryptocurrency mining. The Ministry of Justice proposed a draft bill, which defines fines and jail sentences. The government seeks to control an industry that is much beyond the tax bracket. Russia Proposes Tough Penalties, Prison for Illegal Crypto Mining • Russia legalized crypto mining in late 2024 […]