South Korean investigators report that Binance locked just 17% of Solana-based assets stolen in the November 27 Upbit hack after receiving an urgent freeze request from the exchange and police. Authorities say the attackers laundered funds through more than a thousand wallets and multiple chains before most of the assets reached Binance service wallets, while experts in Korea are now calling for faster, coordinated global freeze mechanisms and Upbit has raised its customer cold storage ratio to 99% following the roughly 44.5 billion won theft.

On December 11, 2025, World rolled out a major app update adding end‑to‑end encrypted messaging and expanded crypto payments. The release, presented at the company's San Francisco office with Sam Altman and CEO Alex Blania, also introduces virtual bank accounts and peer‑to‑peer transfers that do not require a World ID.

YouTube has introduced an option for eligible U.S. creators to receive their earnings in PayPal's U.S. dollar–pegged stablecoin PYUSD, according to PayPal executive May Zabaneh. The feature relies on PayPal's existing payouts infrastructure, reflects Big Tech's gradual embrace of stablecoins, and follows broader moves by PayPal and other firms to expand real-world uses for blockchain-based payment assets.

The U.S. Commodity Futures Trading Commission issued no‑action letters to Polymarket, PredictIt, Gemini and LedgerX, easing certain swap‑related recordkeeping and reporting duties under narrow conditions. Platforms must fully collateralize contracts, clear through designated processes, and publish executed contract data. The guidance does not constitute blanket approval and targets prediction markets structured as derivatives.

Dogecoin has moved into a weaker phase after dropping under the $0.1420 area against the US Dollar and is currently trading below its 100-hour simple moving average. The price is facing notable resistance near $0.1425 and a bearish trend line around $0.1440, while failure to break higher could open the way for a retest of supports around $0.1380 and $0.1360.

Binance said on Thursday it added fee-free USD1 pairs with Ether, Solana and BNB, further integrating the Trump family–linked stablecoin. The exchange will convert remaining BUSD collateral to USD1 at a one-to-one rate within a week, while USD1’s market value stands at $2.7 billion and is issued on Ethereum and BNB Chain.

Since December 1, Glassnode reports that entities holding 10,000–100,000 BTC offloaded or redistributed 36,500 BTC, roughly $3.4 billion, as Bitcoin struggled under $94,000. BTC traded around $92,250 (-0.2%) during the early Asian session Friday, while FX Leaders cited a 50% drop in stablecoin inflows since August, indicating thinner market liquidity.

On 12 December 2025, Bitcoin extended its pullback toward the mid-$80,000 area after failing to maintain levels above $91,800, placing renewed focus on nearby support and resistance zones. Analysts are watching the $89,500 local low and a possible retest of $80,000, while on-chain trader realized losses sit near -18%, suggesting pressure on short-term holders but not yet signaling deep capitulation. Market sentiment remains divided as Ethereum’s recent strength draws attention and traders weigh whether Bitcoin can reclaim lost ground after the FOMC meeting.