Led by Zcash, the privacy space had a breakout year in 2025. What’s coming next?

The South Korean regulator slapped Korbit with a compliance penalty as the crypto exchange conducts talks to be bought by Mirae Asset.

Dear Binance users, partners, and community members: As we realize that 300 million people have chosen Binance, this year-end letter for 2025 feels different from any other year. Over the past eight years, we have become accustomed to running in the wilderness, being misunderstood, and proving ourselves amidst the storms. But this year, as we look back, the number of people behind us has grown to a figure that takes our breath away. On this planet, on average, 1 in every 27 people has chosen to believe in crypto assets,...

1. On-chain funds: Today, $69.3M flowed into Ethereum; $59.5M flowed out of Arbitrum 2. Maximum price fluctuation: $OMNI, $BETA 3. Top news: LIGHT surged over 250% in the last 2 hours, breaking through $1.1

The Financial Services Commission of South Korea (**FSC**) recently imposed a fine of approximately **426.3 million won** (about **310,000 USD**) on the local established compliant exchange **Korbit**, along with a corrective order, due to "significant deficiencies" in its anti-money laundering (AML) processes, including customer identity verification and monitoring and reporting of suspicious transactions. This is another substantial penalty issued by the FSC to a licensed exchange following the revision of South Korea's **Special Act on the Prohibition of Illicit Transactions**, marking a significant step in the country's regulatory enforcement.

According to the latest report released by the blockchain data platform Sentora on December 30, 2025, the holding structure of global cryptocurrencies is undergoing a profound transformation. Data shows that the total value of cryptocurrencies held by 368 entities worldwide has exceeded $185 billion. Notably, companies in the Digital Asset Treasury (DAT), primarily consisting of publicly listed companies and private enterprises, hold 73% of these assets, becoming the absolute dominant force. Meanwhile, government agencies hold

On December 30, 2025, at 10:23 PM, a brief alert from the blockchain tracking platform Whale Alert dropped a deep-sea bomb in the cryptocurrency market: stablecoin giant Tether minted 1 billion USDT in one go on the TRON network. This transaction, with a hash value of d74cb39a7c3e3e..., instantly ignited every corner from exchanges to community forums. Market sentiment rapidly heated up amidst the calls of "100% bullish," as if this new

Recently, the public chain sector has witnessed a rare "divergence between volume and price": multiple **L1 chains have set historical highs in trading volume**, yet the average Gas cost on the Ethereum mainnet has been driven down to around **$0.17**. This phenomenon breaks the traditional understanding that "when trading volume increases, Gas must inevitably soar." Coupled with the rapid expansion of layer two networks and alternative execution environments, it is reshaping the power structure of the entire settlement layer and execution layer. This article focuses on on-chain trading volume, Gas structure, and capital migration.

Author: Liang Yu Editor: Zhao Yidan On December 25, 2025, a brief announcement from the Bank of China stirred ripples far beyond its literal meaning in the field of cross-border payments and digital currencies. The announcement stated that, under the joint guidance of the People's Bank of China and the Central Bank of Laos, the Bank of China successfully completed the first cross-border QR code consumption payment business using digital renminbi wallets in Laos. For Chinese tourists visiting Laos, this means they can pay directly with their mobile phones without the need to exchange for local currency; for Laotian merchants, it enables the acceptance of renminbi without the need to modify any payment equipment.

What have foreigners been most concerned about in the past 24 hours?

The airdrop of 12.5 million tokens by Lighter ignited a frenzy in the crypto market, but just as the community was caught up in the excitement on the eve of the TGE, its co-founder admitted during an AMA that the platform had recently cleared a large number of "witch" bot accounts. With a market cap potentially exceeding $3 billion and trading volume once surpassing industry leader Hyperliquid, Lighter staged a remarkable performance in the Perp DEX track at the end of 2025, showcasing a narrative of capital and user growth flourishing together. This was a story that was

Recently, after the latest **FOMC meeting minutes** were released by the Federal Reserve, a new round of pricing games in the global macro and crypto markets was triggered. The overall tone of the minutes is more dovish compared to previous ones, indicating that "most officials expect more rate cuts." However, concerns about persistent inflation and political uncertainty remain, significantly compressing the market's imagination of "rapid and substantial easing." Against the backdrop of Bitcoin consolidating at high levels and the traditional asset volatility converging at year-end, this set of minutes and the subsequent

In order to cope calmly in the "year of airdrops," we need to continuously upgrade our strategies: moving from the initial stage of "random farming" to the advanced stage of "high-quality farming," and combining efficient tools like airdrop radars to prepare for the market dividends of 2026!