Day: 24 December 2025

Quick Breakdown  MEXC closes FXS deposits, withdrawals, and trading on December 24, 2025, 10:00 UTC. Token swap executed at a 1:1 ratio; FXS rebrands to FRAX. MEXC provides support for FXS holders during the swap and will no longer accept FXS deposits made before the swap afterwards.   Crypto exchange ...

Quick Breakdown  Web3 activity surged in 2025, accompanied by an increase in security threats targeting DeFi protocols, NFTs, wallets, and cross-chain bridges. Hack3D emphasizes smart contract audits, continuous monitoring, and stronger authentication to mitigate evolving risks. The recent Arbitrum breach drained $140,000 via a signature verification vulnerability, highlighting ongoing threats ...

Quick breakdown Spain will fully enforce MiCA and DAC8 in 2026, tightening oversight and licensing requirements for the crypto market. DAC8 introduces strict tax reporting obligations, giving authorities visibility into user balances and transactions. Proposed domestic tax reforms target key laws, further increasing compliance and transparency for crypto users and ...

Quick Breakdown  HashKey Capital raised US$250 million in the first close of its fourth crypto fund, targeting a final close of US$500 million. Fund IV will focus on blockchain infrastructure, developer tooling, and scalable, utility-driven crypto applications. The raise signals renewed institutional interest in digital assets as market conditions and ...

Quick Breakdown  DTCC and BNY introduce the Collateral-in-Lieu (CIL) service, with Federated Hermes executing the first repo trade. CIL reduces duplicative margining, optimizes capital use, and supports clearing of tokenized assets and crypto-backed securities. The service expands institutional access, enhances transparency, and prepares markets for mandatory clearing in 2026–2027.   ...

Quick Breakdown  AIxCrypto establishes a UAE subsidiary in Ras Al Khaimah Innovation City with regulatory approval for Web3 operations. The license enables DeFi development, tokenized assets, AI-crypto integration, and partnerships with UAE banks. Expansion strengthens institutional access, regulatory credibility, and supports AIxCrypto’s global Web3 and blockchain growth strategy.   AIxCrypto ...

Quick Breakdown  Brett Harrison’s Architect Financial Technologies raised $35M to build an institutional multi-asset derivatives platform. The firm has regulatory approval in Bermuda and plans to expand into Europe and Asia-Pacific. Derivatives continue to dominate crypto trading, driving both liquidity and heightened market volatility.   Brett Harrison, the former president ...

Quick Breakdown  Cipher Mining acquired a 200MW Ohio power site, its first expansion outside Texas. The facility targets both Bitcoin mining and high-performance computing demand. Miners are increasingly diversifying into data centres and energy infrastructure amid persistent hash price pressures.   Cipher Mining has taken a major step beyond its ...

In the early days of Bitcoin and Ethereum, most big money managers whispered about crypto behind closed doors. Many even said they would never touch it, believing it was too volatile or unpredictable. They even joked that they would “fade crypto,” which means bet against it. For the first time, ...