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Russia MoJ Drafts Article 171.6: Up to 5 Years, 2.5M-Ruble Fines for Illegal Mining
Russia's Ministry of Justice has drafted Criminal Code Article 171.6 to punish unregistered crypto mining, targeting operators outside the Federal Tax Service registry created on November 1, 2024. Penalties range up to 5 years of imprisonment and fines reaching 2.5 million rubles for organized schemes, while individuals above 3.5 million rubles in income face fines up to 1.5 million rubles.
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12-30
12-30
Unleash Protocol governance exploit drains $3.9 million and routes 1,337.1 ETH through Tornado Cash
Unleash Protocol suffered a governance-level exploit that allowed an attacker to deploy an unauthorised contract upgrade and withdraw about $3.9 million in user assets. The incident, identified by PeckShieldAlert and later confirmed by the team, affected tokens including WIP, USDC, WETH, stIP, and vIP, with 1,337.1 ETH ultimately funneled into Tornado Cash via Ethereum bridges. Platform operations have been paused while external security specialists investigate how the multi-signature admin controls were bypassed.
USDC
USDC-0.09%
12-30
12-30
ZachXBT links Coinbase support impostor to over $2M crypto thefts in 2025
In 2025, blockchain investigator ZachXBT identified a Canadian actor known as Haby/Havard who allegedly impersonated Coinbase support and siphoned more than $2 million in crypto via social‑engineering phone calls. He tied on‑chain activity to social media posts, including a Dec. 30, 2024 XRP theft and a Feb. 2025 Bitcoin wallet screenshot showing $237,000, linking multiple victim cases.
XRP
XRP+6.55%
12-30
12-30
Prediction Markets Target $40B Volume in 2025 and Aim to Challenge $300B Sports Betting by 2026
Prediction markets are projected to handle $40 billion in transaction volume in 2025, a more than 400% jump from the prior year, and could begin to rival the $300 billion global sports betting industry in 2026. Driven by platforms such as Kalshi and Polymarket, analysts expect these markets to evolve into data and "truth" layers that inform fact-checking, risk management, and broader trading decisions.
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Trust Wallet Launches $7M Compensation After Chrome Extension v2.68 Breach
On December 25, 2025, Trust Wallet confirmed that version 2.68 of its Chrome browser extension had been compromised, exposing users' seed phrases and leading to about $7M in crypto losses. The non-custodial wallet provider has started a compensation program, asking affected users to submit detailed claims so funds can be reimbursed. The incident, which impacted assets across Bitcoin, Solana, and EVM-compatible networks, has renewed concerns over the security of browser-based crypto tools.
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BTC
BTC+2.04%
12-30
12-30
PBOC to Enable Interest-Bearing Digital Yuan Wallets from January 2026
The People's Bank of China plans to allow commercial banks to pay interest on digital yuan (e-CNY) wallet balances starting January 2026, marking a shift from a pure "digital cash" model toward a deposit-like framework. The updated CBDC design adds value storage and cross-border payment features, which could enhance domestic adoption and position the digital yuan as a more versatile instrument in international finance. Analysts note that these interest-bearing wallets may compete with traditional bank deposits while still requiring strong public trust and cybersecurity safeguards.
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12-30
South Korea to expand Travel Rule to crypto transfers below 1 million won
South Korea plans to extend its Travel Rule to cryptocurrency transfers below 1 million won to deter smurfing and tighten anti-money laundering controls. A Korea FIU task force is reviewing updates to the Special Act, including tools such as account suspension and broader professional obligations. The initiative seeks closer alignment with FATF standards while reinforcing oversight of virtual asset service providers.
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