Author: James Wilson

Tether has made a formal cash offer to purchase Exor’s controlling stake in Juventus Football Club Summary Tether offered to acquire Exor’s 65.4% stake in Juventus using only its own capital. The stablecoin issuer plans a public tender for remaining shares at the same price. Tether pledged €1B to support Juventus growth and long-term sporting development. The bid targets Exor’s 65.4% ownership in the Italian club, with plans for a subsequent public offer to acquire all remaining shares at identical pricing. The acquisition would be financed entirely from Tether’s balance sheet without external funding. CEO Paolo Ardoino called the move…

The week of December 7-13, 2025, recorded $191.3 million in crypto VC funding across 17 projects. Summary Crypto VC funding reached $191.3M across 17 projects during the week of Dec 7–13. Real Finance and LI.FI led the week, each raising $29M in major funding rounds. Infrastructure and interoperability projects dominated crypto VC investment activity. As per the data, Real Finance and Li.Fi both raised $29 million each during this period. Infrastructure and interoperability solutions dominated the investment sector this week. Here’s a complete breakdown of this week’s crypto funding activity as per Cryptofundraising data: Real Finance Raised $29 million in…

The LUNC price has dived by over 45% from its highest point this week, a move that has erased millions of dollars in market value. Terra Luna Classic (LUNC) token dropped to a low of $0.00004587, its lowest level since… Source link

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Financial institutions and big banks have had a decade to experiment with crypto rails for cross-border and interbank settlement. They could’ve run pilots, built internal expertise, and designed compliant models ready for real-world deployment once regulators gave the nod. They didn’t. Summary Banks had a decade to build blockchain-based settlement rails but largely failed to act, leaving the world stuck with slow, costly legacy systems that impose unnecessary economic friction. Blockchain collapses settlement times, rewrites liquidity dynamics,…

The recent crypto crash resumed today, Dec. 13, with Bitcoin and most altcoins being in the red and the market capitalization falling by over 2% in the last 24 hours. Summary The crypto market is crashing today as a risk-off sentiment prevails. Bitcoin has also formed numerous risky patterns on the daily chart. The futures open interest and volume dropped in the last 24 hours. Bitcoin (BTC) price dropped from this week’s high of $94,000 to $90,000. Some of the top laggards in the crypto market were tokens like The Graph, Story, Algorand, and Ethena, which fell by over 5%.…

According to CryptoSlam data, NFT sales volume has plunged by 15.72% to $64.95 million, down from last week’s $77.10 million. Summary Bitcoin recovered to $90K and ETH held $3K, but NFTs continued to underperform. NFT sales plunged 16% to $64.95M as buyer and seller participation collapsed. NFT buyers fell 68% and sellers dropped 71%. Market participation has crashed, with NFT buyers plummeting by 68.41% to 154,955 and sellers dropping by 71.48% to 115,051. NFT transactions fell by 13.25% to 940,713. At the same time, Bitcoin’s (BTC) price has recovered to the $90,000 level following recent volatility. Ethereum (ETH) has maintained…

The Office of the Comptroller of the Currency (OCC) granted conditional approval for national trust bank charters to five digital asset firms on Friday, including Ripple, Circle, and Fidelity Digital Assets, according to an official release. Summary The OCC granted conditional national trust bank charters to five major digital-asset firms—including Ripple, Circle, Paxos, BitGo, and Fidelity Digital Assets—integrating them directly into the federal banking system and Fed payment rails. The approvals, enabled by the new GENIUS Act and paired with Interpretive Letter 1188, give these firms expanded authority to settle stablecoins like USDC through the Federal Reserve and conduct riskless-principal…

Jill Gunter, co-founder of Espresso, reported Thursday that her crypto wallet was drained due to a vulnerability in a Thirdweb contract, according to statements posted on social media. Summary Crypto veteran Jill Gunter reported the theft of over $30,000 in USDC from her wallet, which was drained on Dec. 9 and routed through Railgun. The vulnerability stemmed from a legacy Thirdweb contract that allowed access to funds with unlimited token approvals. The incident followed a separate 2023 open-source library flaw that affected more than 500 token contracts and was exploited at least 25 times, according to ScamSniffer. Gunter, described as…

Carl Erik Rinsch, known for directing the movie “47 Ronin,” was convicted of wire fraud and money laundering for misappropriating funds provided by Netflix for a science-fiction series, the U.S. Attorney’s Office in New York announced. Summary Hollywood director Carl Erik Rinsch was convicted of wire fraud and money laundering for misusing Netflix funds. Prosecutors said Rinsch diverted the money into personal accounts and speculative trades—including Dogecoin—and luxury items. Rinsch faces up to 20 years per fraud and laundering count. Rinsch was found guilty of one count of wire fraud and one count of money laundering, each carrying a maximum…

Chinese artificial intelligence platform DeepSeek has released price projections for three major cryptocurrencies through the end of 2025, forecasting heightened volatility for Ripple’s XRP token, Solana, and Dogecoin. Summary DeepSeek has released end-2025 price projections. For XRP, the model outlines a bearish collapse scenario versus a bullish case tied to a final SEC lawsuit resolution in August. Solana’s outlook hinges on ecosystem growth and potential ETF-driven institutional adoption, while failure to break resistance could trigger a pullback. Dogecoin faces declining memecoin dominance, with upside dependent on broader payment adoption, while weaker sentiment could lead to further retracement despite holding key…