Author: Kryptonews

Earlier this month, the US began intercepting and seizing tankers carrying Venezuelan crude, with a first seizure reported around Dec. 10 and a second interception by Dec. 20.By Dec. 22, US officials said a third vessel was being pursued near Venezuelan waters.Caracas responded with an emergency law imposing prison terms of up to 20 years for anyone who promotes or finances blockades or similar disruptions to maritime commerce.With onshore storage nearing capacity, PDVSA shifted to floating storage (loading crude onto tankers and anchoring them offshore), while some ships made U-turns and loadings slowed.That’s the scene as of this week: oil…

Uniswap Labs’ and Uniswap Foundation’s “UNIfication” proposal to activate protocol fees for the largest decentralized exchange in crypto and burn millions of UNI received overwhelming support from voters, transforming the token from a purely governance mechanism into a value-accruing asset.The proposal received more than 125 million votes in support over the five days of voting with just 742 dissenting.Uniswap sees an average of about $2 billion a day in trading volume and generates an annualized $600 million in fees, according to DeFillama data. Until now, it has routed all the fees to liquidity providers, leaving UNI as a governance-only token…

Concerns are mounting that global equity markets may be drifting into another bubble, fueled by relentless optimism about AI. If that bubble cracks in 2026, Bitcoin (BTC) and the broader crypto market could be among the first to feel the fallout.Key takeaways:AI bubble risks could hit crypto first, as overstretched, debt-funded equity markets unwind.Bitcoin may fall to $60,000–$75,000, but institutional support could help limit losses compared to past crashes.AI bubble can trigger “severe” meltdown in stocksIn November, 45% of fund managers surveyed by Bank of America flagged an “AI bubble” as the market’s biggest tail risk, up from just 11%…

Trust Wallet users lost more than $7 million shortly after it released an updated version of its extension for the Chrome web browser. The stolen funds will be reimbursed, said Changpeng Zhao, a co-founder of crypto exchange Binance, which owns the utility.The breach, flagged Dec. 25 by onchain detective ZachXBT, was confirmed by the wallet team. “Community alert: A number of Trust Wallet users have reported that funds were drained from wallet addresses within the past couple hours,” ZachXBT posted on Telegram. “While the exact root cause has not been determined coincidentally the Trust Wallet Chrome extension pushed a new…

Key takeawaysAdoption is voluntary. Merchants participate because Bitcoin Lightning fees are typically under 1%, compared with the roughly 3% average charged by credit card networks.Residents can pay municipal bills, including taxes, parking fines and tuition, in BTC or USDT using standard QR-code invoices.The city balances the ecosystem by using BTC for payments, USDT for stability and LVGA as a local loyalty token.The city does not hold volatile crypto assets. Payments are converted instantly into Swiss francs (CHF) through Bitcoin Suisse, limiting the city’s exposure to crypto price volatility.The cobblestone streets of Lugano, Switzerland are better known for their Mediterranean-style piazzas…

in various aspects. While Bybit stands out for derivatives trading and innovative products, Phemex is known for its beginner-friendly interface.In this article, we’ll compare the two cryptocurrency exchanges across different parameters, including features, fees, security, and offerings. We’ll also highlight the nuances of each platform, helping you make an informed decision for a superior trading experience.Bybit vs Phemex ComparisonParticularsBybitPhemexLaunchedMarch 2018November 2019FoundersBen ZhouJack TaoHeadquartersDubai, United Arab EmiratesSingaporeSpot trading fees0.1% for both makers and takers. 0.1% for both makers and takers.Derivatives trading chargesFutures: 0.02% for makers and 0.055% for takers.Options: 0.02% for makers and 0.03% for takers.Futures: 0.01% for makers and 0.06% for…

CZ hinted at possible insider involvement in the Trust Wallet incident while assuring users that their funds would be reimbursed. Crypto wallet provider Trust Wallet has confirmed a security incident affecting a specific version of its browser extension, after several reports from users that funds were drained from their wallets over a short period of time. The issue was first flagged publicly by on-chain investigator ZachXBT, who issued a community alert warning that multiple Trust Wallet users had experienced unauthorized outflows from their addresses within hours. Sudden Wallet Drains While the exact cause was initially unclear, ZachXBT noted that…

Upbit, South Korea’s largest cryptocurrency exchange, has announced the listing of Yield Basis (YB), with trading set to go live today.The announcement boosted market interest, triggering a double-digit surge in YB’s price. Trading activity also increased ahead of the launch, with a noticeable rise in volume.Upbit Expands Market Access for Yield BasisUpbit confirmed that YB/BTC and YB/USDT trading pairs will go live on December 26 at 15:00 Korean Standard Time (KST). According to the exchange, YB deposits and withdrawals will be supported on the Ethereum network. Sponsored SponsoredIt emphasized that transactions sent through unsupported networks will not be credited, urging…

Bitcoin (BTC) aimed for $90,000 on Boxing Day as precious metals set yet another all-time high.Key points:Bitcoin seeks a retest of $90,000 as TradFi markets return after the Christmas break.Gold and silver waste no time in setting new all-time highs, continuing their historic bull run.BTC price action attempts to ditch a downtrend in place since October.Bitcoin traders look to options expiry reliefData from TradingView showed BTC/USD was up more than 2% on Friday, with the Asia trading session sustaining the upside. BTC/USD one-hour chart. Source: Cointelegraph/TradingViewAhead of the Wall Street open, traders eyed a giant Bitcoin options expiry event worth…

Key Takeaways From 31 December 2025, any crypto-asset activity in Lithuania without a MiCA license will be treated as illegal. Authorities may impose sanctions ranging from fines and website blocking to criminal prosecution. Share this article Crypto firms in Lithuania that continue operating without the necessary MiCA license after December 31 will be considered in violation of the law and could face fines and potential jail time.In July, the Bank of Lithuania issued guidance urging crypto exchanges and wallet operators that do not plan to apply for MiCA licensing to start winding down operations before the transitional period ends. The…