Crypto
ETF
Gary Gensler acknowledges SEC’s ‘new look’ at Bitcoin ETFs post-Grayscale decision
The SEC chair acknowledged the number of pending ETFs but also warned of widespread noncompliance in crypto.
Hacks
Hacker pleads guilty to $12M Solana DeFi hacks in first smart contract fraud conviction
The U.S. Department of Justice announced a first-of-its-kind conviction that will see the accused pay $5 million in restitution to victims.
AI
Pope Francis advocates for ‘binding international treaty’ on AI regulation
Pope Francis used his World Peace Day address to call for international cooperation in regulating AI while exploring its many potentials.
Regulation
Binance says that DOJ settlement lacks relevance in SEC case as it moves for dismissal
The exchange submitted two key filings in an ongoing securities case on Tuesday.
Regulation
OFAC and CoinList reach $1.2M settlement over Russian sanctions violations
The crypto exchange company avoided a maximum penalty of $327 million for moving funds in violations of U.S. sanctions.
ETF
Gary Gensler dismisses role of crypto in capital markets while fielding Bitcoin ETF questions
The SEC Chair appeared prepared to speak extensively on new reforms in Treasury markets, but found himself answering inevitable questions about pending Bitcoin ETF applications.
NFTs
Donald Trump pitches ‘Mugshot Edition’ NFTs to his supporters for $99 each
Trump's new 'Mugshot Edition' NFTs tie digital collectibles to physical memorabilia from arrest, including the suit he wore in custody.
Stablecoins
USDC tops S&P Global’s stablecoin stability chart while Tether faces scrutiny
According to S&P Global, USDC emerges as a leading stablecoin owing to low-risk asset backing, while USDT's insufficient reserve details gave analysts pause.
Tokenization
Aptos unlocks nearly one-tenth of token supply
Aptos' market value jumped 16% as it released nearly 9% of its total token supply on Dec. 12.
AI
U.S. scrutinizing Nvidia’s China-bound AI chips to ensure compliance
AI regulations are in the spotlight as the U.S. assesses Nvidia’s redesigned products for Chinese markets.
Ordinals
Controversial Bitcoin Ordinals-related bug added to U.S. National Vulnerability Database
A developer's warning on Bitcoin ordinals spam as been added to a U.S. government database of cybersecurity threats.
Legal
Ex-Binance CEO Changpeng Zhao faces potential deposition in billion-dollar class action lawsuit
Plaintiffs are seeking early testimony from Zhao, who is set to be sentenced for his criminal conviction in February.