🚨 Breaking today: Terraform Labs co-founder Do Kwon has been sentenced to 15 years in prison after pleading guilty to a fraud conspiracy tied to the $40B TerraUSD collapse.

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🚨 Bloomberg reports that Coinbase is planning to unveil prediction markets and tokenized stocks at its December 17 showcase.

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🔥 Now: YouTube lets U.S.-based creators receive payouts in PayPal’s PYUSD stablecoin as it rolls out crypto payment options, Fortune reports.

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🗞 A quick look at the news from the past day.

🚨 The Ethereum Foundation confirms BPO-1 is active, boosting blob capacity to 15 per block and expanding L2 space without a hard fork. BPO-2 is lined up for January.

🔥 The global stablecoin market cap hits an all-time high of $310B, per Token Terminal.

🇧🇹 Bhutan launches TER, a gold-backed sovereign digital token on Solana, set to go live on December 17.

🚨 State Street and Galaxy Digital team up to launch the tokenized private liquidity fund (SWEEP), delivering 24/7 on-chain liquidity via PYUSD.

🔥 The Satoshi Nakamoto statue is now at the NYSE, symbolizing crypto’s shift from Wall Street taboo to institutional acceptance.

🔥 Coinbase will enable DEX trading for all Solana tokens, with no listings required.

⚡ KIYOSAKI: “The good news… gold and silver, ‘God’s Money,’ and Bitcoin and Ethereum, ‘people’s money,’ rise in value as the fake fiat money system collapses.”

🇪🇺 Revolut and Trust Wallet partner to offer instant Bitcoin and crypto purchases in the EU.

🔥 There are 124 active crypto ETP filings across assets, led by Bitcoin, followed by baskets and XRP.

🔥 JPMorgan arranged a $50M Galaxy Digital bond issuance on Solana, with Coinbase and Franklin Templeton buying the paper using USDC in a push toward tokenized finance.

🚨 BTC short-term holders have entered one of 2025’s deepest loss zones, with the average recent buyer now underwater as the price trades below their realized price.

🔥 OpenAI unveils GPT-5.2, with early signals of gains in long-horizon reasoning, coding, data science, and professional tasks as it rolls out to ChatGPT and the API.

🔥 The SEC issues a No-Action Letter to DTCC, enabling tokenization services for DTC-custodied assets, with rollout expected in H2 2026.

🚨 Terraform Labs co-founder Do Kwon is sentenced to 15 years in prison after pleading guilty to fraud conspiracy in the $40B TerraUSD collapse.

🚨 Coinbase set to unveil prediction markets and tokenized stocks at its December 17 showcase, Bloomberg reports.

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🔥 TODAY: A solo miner has mined Bitcoin block 927474, taking home 3.133 BTC — roughly $284K.

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🔥 Latest: Binance adds several key USD1 trading pairs and plans to convert BUSD collateral into World Liberty Financial’s stablecoin.

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🔥 Big news: Hex Trust launches Wrapped XRP (wXRP), a 1:1 XRP-backed token issued on LayerZero. It brings native XRP into DeFi across multiple chains, with Solana as the initial rollout.

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🚨 UPDATE: Unrealized losses across the crypto market have risen to roughly $350B, with about $85B in Bitcoin, as on-chain indicators point to tightening liquidity, according to Glassnode.

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🇺🇸 ETF FLOWS: SOL spot ETFs posted net inflows on Dec. 11, while BTC and ETH spot ETFs logged net outflows.

BTC: -$77.34M
ETH: -$42.37M
SOL: $11.02M

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⚡️ New: Bitcoin miners could spur broader corporate adoption as crypto treasury purchases slow, according to BitcoinTreasuries.NET.

Mining companies now hold 12% of BTC holdings.

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⚡ Quick update: The '1011 Insider Whale' is today holding 250,000 SOL — roughly $34.44 million at current prices. All told, that stash amounts to about $616 million, per analyst Ai Yi.

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🔥 BREAKING: Bitwise defends its Strategy after MSCI proposed removing it from the index.

Bitwise argues that indices should stay neutral, and that the move would hurt investors seeking exposure to digital assets.

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🔥 BREAKING: Tether is weighing a share sale to raise up to $20B, valuing the company at around $500B. The plan could include buybacks or tokenized equity as options for investor exits.

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⚡️ INSIGHT: BeatSwap is building the infrastructure to turn IP rights into on-chain assets.

The platform relies on an oracle registry and tokenization tools to bring IP rights on-chain, with a dedicated DEX for rights trading powered by BTX. Its token has recently launched on multiple exchanges.

Tokenized IP aims to streamline licensing and boost efficiency.

[Brought to you by BeatSwap]

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🚨 TODAY: Vanguard's head of quantitative equity, John Ameriks, says Bitcoin remains more of a speculative collectible — like a popular plush toy — than a productive asset with income or cash-flow properties.

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🔥 BULLISH: Pakistan's crypto regulator says the country is embracing Bitcoin as part of its economic infrastructure, tapping a 20 GW energy surplus for $BTC mining and AI, and predicts that emerging markets will lead the next wave of adoption.

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🚨 Breaking: BlackRock’s ETH ETF saw $138.7 million in net inflows over the past week.

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🚨 UPDATE: The market is in extreme fear, but BTC is sitting at $90,000.

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⚡ SAYLOR: "Bitcoin hoarding will carry on until people stop complaining."

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🔥 Hot update: $SOL ETFs have now logged seven straight days of inflows.

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🔥 NEW: According to Galaxy, Tether is becoming one of the world’s most powerful Bitcoin-backed financial empires.

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