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Binance Futures suspends staff over Dec 7 insider-use probe tied to token launched at 05:29 UTC with $5M cap
Binance Futures suspended a group of employees after a December 7, 2025 internal audit flagged suspected misuse of insider information linked to an official X post published less than a minute after a token launch at 05:29 UTC, according to the platform. The token, called Year of Yellow Fruit, continued to trade with decentralized liquidity and reached about a $5M market capitalization.
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X
X-3.36%
12-8
12-8
Coinbase reopens India registrations, resumes crypto trading; fiat support by 2026
Coinbase has reopened app registrations in India and restored crypto-to-crypto trading after pausing local operations in 2023. It plans to enable fiat deposits by 2026, the company said during India Blockchain Week. Indian rules impose a 30% tax on crypto gains and a 1% TDS on each transaction. Coinbase also expanded investment in CoinDCX, valued at $2.45 billion, and maintains over 500 staff in the country.
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12-8
12-8
Crypto Market Gains 2.2% on December 8, 2025; BTC at $91,532, ETH at $3,133
The crypto market rose 2.2% to a $3.2 trillion capitalization on December 8, 2025, according to Cryptonews.com. BTC gained 2.4% to $91,532 and ETH climbed 3.3% to $3,133. Ninety of the top 100 assets advanced, and total trading volume reached $111 billion. An analyst cautioned the correction could take months, with BTC potentially ranging between $71,000 and $105,000 over the next 4–6 months.
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BTC
BTC-1.91%
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12-8
Argentina's central bank weighs reversing 2022 ban on banks offering Bitcoin and stablecoins
Argentina's central bank is considering reversing its 2022 decision that barred banks from offering crypto trading and custody services for assets such as Bitcoin and stablecoins. A policy shift would move away from a stance tied to IMF debt restructuring commitments and could bring crypto activity into regulated banking channels as Argentines use digital assets to navigate inflation and currency controls. Private banks face rising delinquencies and tighter monetary conditions, while the government seeks more dollar liquidity to manage reserves and the peso's trading band.
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BTC
BTC-1.91%
12-8
12-8
Coinbase Maps Phased India Comeback, Targets Fiat Access Restoration in 2026
On 8 December 2025, Coinbase said it is re-establishing its presence in India after winding down its earlier operation and exiting the market in late 2023. The exchange has reopened registrations on its app and now supports only crypto-to-crypto swaps, with plans to restore fiat on- and off-ramps in 2026. Its return plan emphasizes engagement with government bodies, regulatory approvals, and local partnerships, including a collaboration with Karnataka's technology ministry.
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12-8
12-8
Retired Indian engineer loses ₹1.28 crore in fake DBS-branded crypto app scheme linked to WhatsApp group
A 65-year-old retired engineer from Miyapur lost ₹1.28 crore (about $130,000) between November 4 and December 5 to a fake trading app posing as DBS and promoted via a WhatsApp investment group, according to Cyberabad cybercrime police. The fraudsters allegedly used cloned app interfaces, staged returns and social messaging channels to build trust before blocking withdrawals. Police have registered a case under relevant sections of the Bharatiya Nyaya Sanhita and the Information Technology Act. Authorities are urging investors to verify platforms, check regulatory approvals and report suspicious apps, links and chat groups.
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