Do Kwon faces sentencing in U.S. federal court on Dec. 11, 2025. Prosecutors sought a 12-year term and the defense asked for no more than five, with Judge Paul A. Engelmayer presiding and South Korea charges still pending.The proceeding follows a June 2024 final judgment in the SEC’s civil case that imposed about $4.47 billion in disgorgement and penalties on Terraform and Kwon and imposed a lifetime U.S. crypto and securities ban.The criminal allocution matters less for courtroom theater than for how exchanges, insurers, and filings respond. If the rationale centers on misstatements about algorithmic stability and undisclosed support for…
Author: cryphedge
L.xyz is progressing through its presale phase with growing attention from traders who value speed, liquidity depth, and structured trading environments. Built on Solana, the platform uses a hybrid AMM and order book model that brings precision to decentralized markets. As the exchange expands its feature set, the introduction of multiple independent audits has reinforced confidence around the LXYZ token. The platform is engineered to support fast execution with minimal friction across spot, leverage, and futures markets. Solana enables this with millisecond level transaction processing and low fees, allowing traders to maintain accurate entries even during periods of volatility. The…
The growing NFT space often struggles to create systems that keep users active, but Milk Mocha approaches this challenge with a structure built around real usage and steady demand. Their method is simple yet highly effective: every NFT drop, upgrade, and feature relies only on $HUGS. No credit cards, no ETH, and no other payments are accepted. This rule forms a strong utility base and helps shape its position as a leading best presale crypto option for many early buyers. The focus of the presale goes beyond collecting tokens; it prepares supporters to secure meaningful NFTs, in-platform improvements, and fan-oriented…
A wave of liquidations rippled through the crypto market over the past 24 hours, wiping out more than $400 million in leveraged positions across major assets. Ethereum accounted for the largest share with over $180 million in liquidations, followed by Bitcoin at roughly $177 million. Solana, DOGE, Zcash and a broader tail of altcoins were also hit, underscoring how positioning had become crowded across the largest tokens, not just speculative small caps.The shakeout reflects a mix of technical and macro drivers that converged at the same time, triggering a swift unwind in open interest and exposing how stretched leverage had…
Pudgy Penguins (PENGU) price fell to lows of $0.010 as altcoins crashed on Thursday. The token’s dip extends losses seen in the past months. Bitcoin’s slip amid the AI market downturn impacted PENGU’s price. Pudgy Penguins (PENGU) has taken a significant price hit in the past 24 hours, with the memecoin token plummeting more than 10% to lead the top 100 losers on the day. At the time of writing, PENGU price hovered around $0.01085. The token broke from under $0.0100 to touch highs of $0.013 earlier in the week. However, with cryptocurrencies showing weakness, the token has erased all…
Journalist Hassan Shittu Part of the Team Since Jun 2023 About Author Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in… Share Last updated: December 11, 2025 New blockchain analysis is raising questions about the long-promoted “fair launch” of the PEPE meme coin, after fresh data suggested that almost one-third of the token’s initial supply may have been controlled by a single entity.The findings come from blockchain visualization platform Bubblemaps, which published its latest breakdown on Wednesday, alleging that the project’s…
A recent comment from Cardano founder Charles Hoskinson has revived long-running speculation that Ripple’s chief technology officer, David Schwartz, could be linked to Bitcoin’s anonymous creator, Satoshi Nakamoto.The discussion surfaced during a recent discussion, where analyst Angry Crypto Show revisited earlier claims that pointed to Schwartz as a possible candidate for Satoshi. The theory has circulated for years, supported by figures such as the late John McAfee, who once said Schwartz was the most likely person behind the original Bitcoin design.Interest grew again after Hoskinson described Schwartz as “very smart” and said he had helped Cardano’s Midnight team without charging…
The most unusual trend in the crypto market this month is not Bitcoin’s price action, but the mechanics of XRP exchange-traded fund (ETF) flows.For 18 consecutive trading sessions, the four products have absorbed steady demand, accumulating roughly $954 million in inflows without a single outflow since launch.The streak stands out amid the volatile crypto market, where Bitcoin and Ethereum ETFs have seen significant redemptions.It also signals the emergence of a buyer base that behaves very differently from the traders who typically govern XRP’s liquidity cycles.The off-chain holderEarlier this week, Ripple CEO Brad Garlinghouse described this new cohort of investors as…
MetaMask officially confirms the integration of the prediction market platform Polymarket directly into its wallet, allowing millions of users to bet on the outcome of real-world events without ever leaving the application.“One-Tap” RevolutionConsensys, MetaMask’s parent company, designed this feature around convenience and incentives. They commit to offering MetaMask Rewards for users following every successful prediction. However, the biggest breakthrough lies in the “one-tap funding” feature, resolving one of DeFi’s major hurdles: the complexity of asset funding.The system supports funding Polymarket bets using any token across every EVM chain. MetaMask automatically manages the complex background steps, including bridging and token swapping.…
Reporter Rachel Wolfson Part of the Team Since Dec 2023 About Author Rachel Wolfson has been covering the cryptocurrency, blockchain and Web3 sector since 2017. She has written for Forbes and Cointelegraph and is the host and founder of Web3 Deep Dive podcast. Share Last updated: December 11, 2025 Tokenized gold is experiencing rapid growth as data from CoinGecko shows the market now exceeds $4 billion in value, with expectations of major expansion in the years aheadAlthough both retail and institutional investor interest is rising, emerging markets are likely to fuel the latest wave of digital gold adoption. In regions…
