Category: crypto

BitMine Immersion Technologies Inc. has purchased over 102,000 Ethereum, bringing its total holdings to 3.97 million ETH valued at $12.2 billion. Co-founder Tom Lee remains confident in the digital asset market, emphasizing long-term potential in AI and blockchain technologies. The company is also preparing to launch a proprietary Ethereum staking network in 2026.

Hybrid crypto hub Byrrgis has obtained an EU MiCA license and opened its waitlist for early access before its January 15 launch. Byrrgis aims to be a regulated financial platform, offering a universal trading platform with CEX and DEX architecture. Users can create custom packs of crypto assets for portfolio diversification.

Curve Finance founder Michael Egorov has proposed a CRV token grant to fund core development work through 2026, supporting a 25-person team at Swiss Stake AG. The grant will focus on software research, development, security, and ecosystem support. The proposal is open for voting until December 22, 2025, with current votes in favor.

A critical React Server Components vulnerability is being exploited by attackers to drain crypto wallets and deploy malware, prompting urgent warnings in the cryptocurrency industry. Patches have been released, but new vulnerabilities have been discovered. Hackers are moving stolen funds faster, with $3B stolen in the first half of 2025. Patching and monitoring are advised.

FSOC removed crypto from its systemic risk list after Trump’s order, the GENIUS Act, SEC and OCC shifts, and U.S. banks’ increased use of ETFs and stablecoins. The 2025 report now categorizes digital assets as “significant market developments,” citing institutional adoption and tokenization. Global bodies still warn of risks despite the shift easing stigma for…

North Korean hackers have stolen $300 million through a complex social engineering scheme involving hijacked Telegram accounts. They impersonate industry figures in fake video calls to crypto executives, luring them into downloading malware that drains their wallets. This is part of a larger campaign that has stolen over $2 billion in crypto.

Roomba maker iRobot has filed for pre-packaged Chapter 11 bankruptcy in Delaware as Shenzhen Picea Robotics plans to take control by cancelling over $260 million in debt. The company aims to complete the restructuring by February 2026, with operations, app, support, and suppliers continuing as usual.

MEXC’s December Proof of Reserve shows over 100% backing for BTC, USDT, USDC, and ETH, with Hacken auditing the exchange’s Merkle Tree verification system. The report confirms reserve ratios of 141% for BTC, 126% for USDT, 127% for USDC, and 107% for ETH, with assets securely held by MEXC.

mETH Protocol launches a Buffer Pool using Aave’s ETH market to process ETH redemptions in about 24 hours, aiming to unlock institutional demand for liquid restaking. The upgrade includes dual liquidity paths for smaller and institutional-sized redemptions, allocating 20% of TVL to Aave to blend staking and lending yields. Backed by multiple custodians and validators,…

JPMorgan has launched a $100 million tokenized money market fund on the public Ethereum blockchain, targeting institutional clients seeking onchain cash instruments. The fund, part of the Kinexys platform, offers real-time settlement and liquidity management. This move reflects the bank’s shift towards public blockchain infrastructure for regulated financial products.