Upbit Boosts Security by Wiping Legacy Deposit Addresses

TL;DR: Upbit erased all legacy deposit addresses after a major hack, mandating new address creation before deposits can resume. Deposit/withdrawal services return gradually under strengthened security, but only newly issued addresses are valid. Users must update addresses immediately — using old ones risks loss of funds; the wipe underscores increased focus on custody safety.

Kraken Launches Local COP Deposits in Colombia, Boosting Crypto Access

Kraken has expanded its services in Colombia with the launch of local payment rails, enabling users to deposit Colombian pesos (COP) via domestic banking methods. This update removes the need for international wire transfers, a major pain point that previously slowed Colombian users from entering crypto markets.

China CSRC Chairman Emphasizes Enhanced Crypto Risk Monitoring

CSRC Chairman Wu Qing underscores risk prevention for crypto assets.

Crypto Market Faces Turbulence Amid Rising Liquidations

On December 5, 2025, the cryptocurrency market experienced a downturn as Bitcoin, along with several altcoins, saw their values decrease by more than 2%. This decline was largely driven by a surge in liquidations and a notable drop in open interest, highlighting the market’s vulnerability to rapid shifts in investor behavior.

Crypto Recovery in December: Coinbase

Coinbase reports that improving global liquidity and rising expectations of a Federal Reserve rate cut could boost crypto in December.

Growing Use of Tokenized Private Credit Sparks Debate Over Risks in Crypto Lending

In December 2025, a notable shift has been observed in the decentralized finance (DeFi) sector as protocols increasingly turn to tokenized private credit to serve as collateral for loans and stablecoin issuance. This trend marks the entry of a novel category of real-world assets (RWA) into the crypto markets, stirring both opportunities and concerns among […]

SEC to Hold Crypto Privacy Roundtable on December 15th

The U.S. Securities and Exchange Commission has set a new date for its long-anticipated crypto privacy and surveillance roundtable. After postponing the original October session, the agency will now hold the event on December 15, from 1 p.m. to 5 p.m. at SEC headquarters in Washington, with a public webcast available. Commissioner Hester M.

‘Stablecoins Are Here To Stay’: IMF Calls For Global Cooperation To Prevent Financial Risks

As stablecoins continue to gain worldwide momentum, the International Monetary Fund (IMF) has called for global cooperation to avert potential macro financial stability risks related to the rapidly growing sector and to turn the industry “into a force for good.