According to Odaily, the Flow Foundation has announced on the X platform that it is currently investigating a potential security incident affecting the Flow network. The engineering team is actively collaborating with network partners to address the issue and will provide further updates once verified. Earlier reports indicated that the price of FLOW briefly fell below $0.125, experiencing a 24-hour decline of over 42%.

Flow officially stated on the X platform that the Flow Foundation is currently investigating a potential security incident affecting the Flow network. The Flow Foundation engineering team is actively collaborating with network partners to mitigate the issue and will provide further updates once verification is complete. Previous news: FLOW briefly fell below $0.125, a 24-hour drop of over 42%.

The Bitcoin market stands at a critical juncture, as it currently hovers above its $85,000 psychological level. Aside from its psychological validity, this key support also appears to hold technical importance. Hence, its strength could be tested before the market shows directional momentum. However, a recent analysis has surfaced that paints a grim picture for the flagship cryptocurrency’s future source: https://www.newsbtc.com/news/bitcoin/bitcoin-to-retest-85000-as-bearish-technicals-and-on-chain-weakness-align/

A new report shared by CryptoQuant examines Bitcoin’s futures market through the lens of average order size, offering insight into who is currently driving price action. The analysis focuses on the composition of futures orders, separating activity into retail-sized orders, small whale orders, and large whale orders. source: https://www.ethnews.com/bitcoin-futures-data-shows-retail-led-rallies-as-whale-participation-fades/

Coinbase CEO Brian Armstrong warned that reopening the GENIUS Act would cross a “red line,” accusing banks of lobbying Congress to block stablecoin rewards and limit competition. source: https://cointelegraph.com/news/coinbase-ceo-genius-act-red-line-bank-lobbying-stablecoins?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Questionable reports claim Bithumb will suspend FLOW transactions for maintenance on December 27, 2025, though official confirmations are absent. source: https://coincu.com/news/bithumb-flow-suspension-unverified/

Hong Kong plans to bring crypto into the OECD's global tax reporting system from 2028. source: https://www.cryptopolitan.com/can-hong-kong-confront-crypto-tax-evasion/

Bitcoin’s resilient basis rate and options data suggest limited downside despite ETF outflows, while BTC waits for a catalyst that can help it reclaim $90,000. source: https://cointelegraph.com/news/no-90k-bitcoin-futures-open-interest-8-month-low?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to Odaily, Sonic Labs has announced an update to its ETF token allocation strategy. Previously, the Sonic community approved a governance proposal authorizing up to $50 million worth of S tokens for a potential U.S.-listed ETF to facilitate entry into the regulated U.S. market. However, following the proposal's approval, Sonic Labs decided to delay execution due to a weakening market environment and a significant decline in the S token price, opting not to mint any related tokens to avoid increasing supply at unfavorable price levels. The announcement stated that executing the original plan at current prices would require issuing over 600 million additional S tokens, which deviates from the proposal's original intent. Therefore, this plan will not be adopted. To better align with token holders' interests, Sonic Labs has set new execution constraints: ETF allocations will only be minted if the S token price exceeds $0.5, with a maximum of 100 million tokens. The total token value is strictly capped at $50 million, with a preference for issuing fewer tokens at higher price levels. Any execution deviating from these conditions will not occur. Sonic Labs also emphasized that the S tokens used for the ETF will be locked within regulated products and will not enter the secondary market, thus not increasing market selling pressure. The team reiterated that a U.S.-listed ETF remains a long-term strategic focus, aiming to provide institutional investors with compliant exposure to Sonic. Any future adjustments will be communicated and advanced through clear communication and governance processes.

null source: https://x.com/BSCNews/status/2004885982106226952

Grok, Elon Musk’s AI chatbot on X, has been praised by Vitalik Buterin for giving unpredictable responses that challenge users’ political biases and promote more truthful interactions.

A massive hack has struck Trust Wallet, one of the most widely used crypto wallets, resulting in estimated losses exceeding $6 million.

Italy’s competition authority has ordered Meta to allow rival AI chatbots on WhatsApp while investigating possible abuse of its dominant position. Meta plans to appeal, saying the policy protects its systems, but regulators worry it could limit competition and innovation in the AI market.

Nvidia has announced a $20 billion acquisition of Groq’s core assets, a landmark move that strengthens its already commanding position in the artificial intelligence chip market and reshapes the competitive landscape for AI infrastructure.

Keonne Rodriguez, co-founder of Samourai Wallet, began serving a five-year federal prison sentence and shared a personal account of his first days, describing the intake process and adjusting to prison life just before Christmas.

The Philippines has escalated its crackdown on unlicensed cryptocurrency platforms, with internet service providers beginning to block access to major global exchanges, signaling a decisive shift toward stricter enforcement of local crypto regulations.

Pudgy Penguins projected its animated characters on the Las Vegas Sphere for a week-long holiday campaign, promoting its physical products rather than NFTs. The display helped the crypto-born brand reach mainstream audiences, supporting merchandise sales and boosting recognition despite a struggling NFT market.

Kraken has officially launched the Krak Card, a Mastercard crypto debit card for residents living in the EU countries and the United Kingdom. The Krak card would allow users to spend more than 400 cryptocurrencies and fiat currencies seamlessly.

Trust Wallet confirmed a security incident affecting version 2.68 of its Chrome extension after users reported unauthorised wallet drains following a recent update. The company told users to disable the extension and upgrade immediately, saying its mobile app and other versions were not affected while the investigation continues.

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.