Kyrgyzstan has taken another step toward embedding digital assets into its financial system after cryptocurrency exchange Binance listed the country’s first som-pegged stablecoin, a move that signals growing state-level confidence in blockchain-based payments and infrastructure.

According to PANews, SlowMist founder Yu Jin has raised concerns about a potential security issue involving Trust Wallet. Yu Jin stated that attackers appear to be well-acquainted with the Trust Wallet extension source code, having embedded PostHog JS to collect various user wallet information. Despite Trust Wallet releasing a fix, the PostHog JS script has not been removed.

Aave proposal to shift brand assets control to DAO failed, sparking significant market reactions. source: https://coincu.com/news/aave-dao-transfer-fail-vote/

According to 23pds, Chief Information Security Officer of SlowMist Technology, their analysis suggests that the devices or code repositories of Trust Wallet developers may have been compromised by attackers. Users are urged to disconnect from the internet and check their devices immediately. Previously, on-chain analyst Yu Xian published an article on the X platform stating that Trust Wallet browser extension version 2.68.0 contained a backdoor, which was fixed in version 2.69.0. Code comparison revealed that the backdoor added a PostHog plugin to collect wallet users' private information (including mnemonic phrases) and send it to the attacker's server api.metrics-trustwallet[.]com. Based on the estimated timeline, the attackers began preparations on December 8th, successfully implanted the backdoor on December 22nd, and began transferring funds on December 25th. According to zachxbt, user losses have exceeded $6 million.

Bitcoin hovered near $87k in thin holiday trade as Asian stocks edged up, with analysts pointing to low liquidity keeping prices pinned despite a steady risk tone. source: https://cryptonews.com/news/bitcoin-price-thin-trading-lifts-stocks-silver-record-high-asia-market-open/

On Friday, the People’s Bank of China announced that it has set the yuan’s daily fix at ¥7. 0358 per dollar, which is 301 pips weaker than what traders and analysts had guessed in a Bloomberg survey. To make matters worse, that difference is the biggest miss since 2018, and Beijing’s decision came right after the […] source: https://www.cryptopolitan.com/china-sets-yuan-fix-at-%c2%a57-0358-per-dollar/

Japan’s second largest city, Osaka, has begun testing autonomous AI agents in local government in an attempt to ease the country’s shrinking work force. Osaka Prefecture has launched a public-private consortium that will experiment with AI Agents designed to provide clerical support and multilingual services. The prefecture will pool expertise from a consortium, which includes […] source: https://www.cryptopolitan.com/japans-ai-agents-looks-nothing-like-silicon-valleys/

Renowned economist Peter Schiff reiterated his long-standing skepticism of Bitcoin (CRYPTO: BTC) on Thursday, contrasting the leading cryptocurrency&# source: https://www.benzinga.com/crypto/cryptocurrency/25/12/49590549/peter-schiff-reflects-on-crypto-christmas-disappointment-economist-says-bitcoin-malfunctioned-on-the-launch-pad-instead-of-going-to-the-moon?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=referral

According to Odaily, analyst Patrick Scott shared on the X platform that last month's prediction market trading volume exceeded $13 billion, which is more than triple the volume expected during the peak of the 2024 election. The majority of this trading activity was dominated by platforms such as Polymarket, Kalshi, and OPINION. Binary options have now been applied to areas like political speeches, sports events, and corporate earnings reports, becoming a layer of probability for global events and news.

null source: https://x.com/cointelegraph/status/2004386837113041128

null source: https://x.com/BSCNews/status/2004386439736578498

A 23-year-old Brooklyn resident, Ronald Spektor, stands accused of orchestrating a sophisticated phishing scheme that drained $16 million from Coinbase users. Prosecutors say Spektor, using the online alias “lolimfeelingevil,” targeted unsuspecting victims by posing as an official Coinbase support agent, warning them that their crypto holdings were at risk of theft.

A Brazilian music project will turn real-time Bitcoin price changes into live orchestral performances using an algorithm to guide the instruments. The initiative has received government approval and funding through Brazil’s tax incentive programme to bring the concept to life in Brasília.

Ethena’s synthetic stablecoin USDe has suffered a sharp contraction since the Oct. 10 market crash, with roughly $8.3 billion exiting the protocol as investors reassessed the risks tied to leveraged and synthetic-backed designs.

Seven companies ran fake crypto platforms and WhatsApp investment clubs, tricking US investors out of over $14 million with false trading claims and AI-driven tips. Victims were pressured to pay extra fees to withdraw funds, and the stolen money was sent through overseas bank accounts and crypto wallets.

A South Korean man’s attempt to secure a lighter punishment for laundering funds through cryptocurrency has backfired dramatically, with an appeals court overturning his suspended sentence and sending him to prison for four years.

Trump Media & Technology Group bought 451 more Bitcoin, bringing its total holdings to 11,542 coins worth over $1 billion. The company is using Bitcoin as a long-term reserve and is expanding into crypto investments and related financial services.

Justin Sun has lost around $60 million after World Liberty Financial blacklisted his wallet, freezing his WLFI tokens following a $9 million transfer. The freeze has left him unable to access or trade his holdings, while the token’s price has dropped over 40% since September.

Web 3.0, Payments: From Beginning to Abandonment - Why I Stopped Doing Web3 Payments. Golden Finance: Remove the filters and see the true nature of payments.

What crypto moves will traditional giants like BlackRock, JPMorgan Chase, Visa, and Mastercard make in 2025?