Category: crypto
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Binance obtains full digital asset licenses in Abu Dhabi
Binance.com has received full licensing approval in Abu Dhabi, marking a major regulatory step for the company. The approval allows Binance to operate its exchange, clearing, custody, and broker-dealer functions in the jurisdiction. This move positions Abu Dhabi as the company’s primary regulatory base, with plans to start operating under the new permissions in January…
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Robinhood to acquire Indonesian brokerage and crypto firm
Robinhood is expanding into Indonesia by acquiring a licensed brokerage and crypto trading platform. This move will give Robinhood a strong presence in Indonesia’s retail trading market, with plans to offer U.S. equities, cryptocurrencies, and other products. The acquisitions are expected to close in the first half of 2026, pending regulatory approval.
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Ethereum ETFs Record $75M in Daily Outflows, Price Stalls
Ethereum ETFs experienced $75.21 million in outflows on December 5, with all nine funds reporting zero inflows. BlackRock’s ETHA drove the withdrawal trend as ETH supply on exchanges hit a record low. Despite negative market sentiment, Ethereum traded at $3,030 with a 24-hour range of $2,995.50 to $3,146.10.
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Western Union Eyes Stablecoin Card for Inflation Zones
Western Union is developing a stablecoin-backed prepaid card for countries with high inflation rates. The card will be launched in 2026, integrating with the company’s remittance network. The partnership with Rain will allow users to convert digital assets into local cash. This marks a shift in Western Union’s stance on cryptocurrencies. Pakistan also plans to…
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Crypto VC Funding Reaches $478.9M This Week
In the week of November 30 to December 6, 2025, crypto VC funding reached $478.9 million across 18 projects. The largest deal was Paribu’s $240 million acquisition of CoinMENA. Other significant raises included N3XT, Canton Network, and Portal. The total funding activity for the week is detailed in the Cryptofundraising data.
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NFT Sales Flat at $77M While Buyer Activity Jumps
NFT sales remain at $77 million, with a surge in buyers and sellers. Bitcoin and Ethereum prices fluctuate, while the global crypto market cap is at $3.05 trillion. Top collections include DMarket, Guild of Guardians Heroes, and Algebra Positions NFT-V2. Ethereum and Immutable are the top blockchains by NFT sales volume.
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Tokenized private credit raises risk for crypto lending
Tokenized private credit is becoming a risk factor for cryptocurrency projects as it is being used as collateral for lending and stablecoins in DeFi protocols. Concerns have been raised about the potential transmission of financial risk and the lack of regulatory scrutiny in the crypto space. Industry observers highlight vulnerabilities in recent crypto bankruptcies.
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Bitcoin’s four year myth meets its real master: liquidity
Bitcoin’s market cycle is not driven by the four year halving myth, according to YouTuber Ran Neuner. He argues that global liquidity and PMI are the true drivers of Bitcoin’s price movements, not the halving calendar. Neuner warns against retail selling now, as institutions are poised to benefit from expanding liquidity.
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“Backed by nothing?” inside the epic Bitcoin battle between Changpeng Zhao and Peter Schiff
The debate between CZ and Peter Schiff over Bitcoin and tokenized gold reflects a deeper fight about utility and trust in the future of money. Schiff argues for gold-backed money, while CZ defends Bitcoin’s real-world utility and digital infrastructure. The debate highlights the choice between physical reserves and digital networks as the next monetary foundation.…
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Binance Alpha’s Piggycell faces scrutiny after brutal crash
Piggycell’s PIGGY token crashed after a sudden mint-and-dump, raising concerns about token controls, smart-contract design, and Binance Alpha’s listing safeguards. A single wallet minted and dumped a large number of tokens, resulting in a 90% price collapse. Piggycell markets itself as a Korean power-bank network tokenized via PIGGY on Binance Alpha. Traders suspect a potential…