Category: crypto
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Uniswap Burns $596M UNI as Vote Changes Tokenomics
Uniswap recently burned 100 million UNI tokens, removing $596 million worth from circulation after a governance vote passed. This move was highly supported by the community, with 99.9% in favor. Protocol fees are now active, while interface fees remain at zero. Future fee structures will be proposed through separate governance votes.
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Bitmine Stakes $219M Ethereum as Tom Lee Targets $7K–$9K Price
Bitmine deposited 74,880 ETH worth $219 million into Ethereum’s Proof-of-Stake protocol for passive income. The move marks the company’s first staking operation and tests the staking infrastructure before potentially committing the full treasury. Bitmine Chairman Tom Lee predicts Ethereum could reach $7,000 to $9,000 by early 2026, driven by tokenization.
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Bitcoin ETFs Lose $83M as Redemptions Extend to Five Days
Bitcoin ETFs saw $83.27 million in outflows on December 26, continuing a five-day selloff streak as BTC struggled to reach $88,000. Fidelity’s FBTC led redemptions with $74.38 million, while other ETFs had no activity. Total outflows exceeded $750 million as Bitcoin failed to surpass $90,000. Ethereum ETFs also faced selling pressure.
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Crypto Funding Ends 2025 With $316M Led by HashKey Group
In the final week of December 2025, crypto projects raised a total of $316.2 million across eight deals. HashKey Group led the funding with a $250 million raise. Finance and trading infrastructure projects attracted the most investor attention. Other projects such as Architect and Octra also secured significant funding amounts.
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Dogecoin price forms scary patterns as DOGE ETF drought continues
Dogecoin price has been on a downward trend, reaching its lowest level since October 10. The lack of demand for the DOGE ETF has contributed to this decline. The technical indicators suggest that there may be more downside ahead for Dogecoin, with key support levels to watch.
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NFT Sales Hold $65.6M as Bitcoin BRC-20 Activity Surges
NFT sales volume remained stable at $65.6 million, with an increase in buyers and sellers. DMarket led in sales with a surge in Bitcoin BRC-20 NFTs. Ethereum sales declined while Bitcoin saw a sharp rise. Top sales included BRC-20 NFTs and CryptoPunks. Market participation also increased significantly.
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Coinbase breach fallout spreads, arrest made in India
A former customer service agent at Coinbase was arrested in India for their involvement in a security breach where hackers bribed support staff for customer data. The breach could cost the company up to $400 million. The incident highlights the vulnerability of crypto platforms to human access points and ongoing security risks.
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Cardano Christmas chart looks more like coal than candy
Cardano’s price action over the Christmas season was disappointing for investors, with the token remaining in a downtrend and down 58% year-to-date. Founder Charles Hoskinson faced accusations of abandoning ADA, denying claims of selling at a peak and not buying back at lower levels. Technical analysis shows bearish trends and declining metrics, affecting investor confidence.
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Russia’s Sberbank eyes crypto-backed loans, says regulatory support will be key
Russia’s largest bank, Sberbank, is considering offering crypto-backed loans in rubles with regulatory cooperation. The bank is exploring lending secured by cryptocurrency, aiming to announce deals soon. Sberbank has been involved in digital assets since 2015, expanding into DeFi and planning to connect with existing ecosystems. Russian financial institutions are adapting to embrace crypto amid…
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Changpeng Zhao bets on stablecoin 2.0 as BNB Chain sheds ‘undervalued’ label
Changpeng Zhao is shifting his focus to mentorship and investing, with a focus on Giggle Academy, YZi Labs, and the BNB Chain ecosystem. He emphasizes the importance of stablecoins 2.0, prediction markets, and AI agents in the crypto industry. Zhao stresses the importance of patience and long-term commitment in building successful projects.