Wallet

On December 10, 2025, Binance co-CEO Yi He said she would personally compensate users who lost funds buying the Mubarakah memecoin promoted via her compromised WeChat account. The profile was hijacked on December 9, 2025, and on-chain data later indicated the attackers made roughly $55,000 in profit, according to Lookonchain. The BNB airdrop will target users who traded Mubarakah through Binance Web3 Wallet and Alpha.

On December 10, SpaceX moved 1,021 BTC valued at about $94.48 million. The transfer follows last week’s 1,083 BTC move worth roughly $99.8 million, extending a run of sizable Bitcoin transactions by the company. Bitcoin traded near $91,941 as attention focused on the firm’s on-chain activity.

On Wednesday, the compromised WeChat account of Binance co-CEO Yi He was used to promote a BNB Chain memecoin called Mubarakah. The attacker allegedly created two new wallets, spent 19,479 USDT to buy 21.16 million tokens, and made roughly $55,000 in profit after an 800% price spike and subsequent sell-off, according to onchain analyst Lookonchain. Yi He later said the account had been recovered and warned users to stay alert to scam attempts.

California resident Evan Tangeman, 22, pleaded guilty to participating in a crypto laundering operation and admitted to moving about $3.5 million. The ring stole roughly 4,100 BTC valued at approximately $263 million and operated from October 2023 to May 2025, according to prosecutors. Tangeman is the ninth defendant to enter a plea.

From 2024 through mid‑2025, investors are combining regulated Bitcoin ETFs with self‑custody. Multiple months saw $4B–$6B in spot ETF inflows, with net assets nearing $140B by July 2025, according to SoSoValue. AMBCrypto reported 171 negative days in 2025 and over 1 million BTC held by corporate treasuries.

The Bitcoin Policy Institute is calling for 529 college savings plans to be allowed to hold Bitcoin as a way to confront rising tuition costs, inflation, and limited investment menus. Its modeling suggests that small 1–2% BTC allocations can enhance compound returns and Sharpe ratios without materially increasing risk, according to BPI. In Indiana, House Bill 1042 was filed on December 4 to require publicly managed retirement programs to offer Bitcoin-related investment options.

Binance founder Changpeng Zhao reiterated on 8 December 2025 that a hardware wallet is unsafe if a private key can ever leave the device, referencing remarks shared on X. His statement followed public discussions in Dubai as self-custody adoption grows. Attackers are increasingly targeting seed phrases and backups.

South Korea's Financial Services Commission is reviewing regulations to impose no-fault compensation requirements on cryptocurrency exchanges following a November hack at Upbit that involved $30 million in Solana-based tokens. The proposed framework would align virtual asset providers with traditional financial institutions in terms of liability and operational standards. More than 900 users were impacted by the breach, which saw over 104 billion tokens transferred to external wallets within one hour.

A British individual allegedly connected to the theft of $243 million from a Genesis creditor may have been detained in Dubai, blockchain investigator ZachXBT stated on December 5. Approximately $18.58 million in cryptocurrency was reportedly seized from addresses linked to the suspect. UAE authorities have not publicly confirmed any arrests or asset seizures related to the case.

Cloudflare experienced a service disruption on December 5, 2025, affecting major websites including government portals, LinkedIn, and cryptocurrency platforms such as Coinbase. The company deployed a fix within 10 minutes after detecting elevated error rates in Workers scripts at 09:38 UTC. Solana-based protocols including Jupiter Exchange and Raydium reported user interface failures, though backend systems remained operational.