‍Gleec Acquires Komodo's Cross-Chain DeFi Stack for $23.5M Gleec has acquired Komodo Platform's entire cross-chain DeFi stack for $23.5 million. This move integrates Komodo's atomic swap and interoperability technology into Gleec's licensed financial services. The acquisition includes Komodo's branding, technology, token infrastructure, and development team. Gleec plans to offer white-label DEX and blockchain services to institutional clients using the acquired technology, enhancing security and decentralization.
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Gleec Acquires Komodo
Digital asset platform Gleec has announced the acquisition of Komodo Platform’s entire cross-chain DeFi stack for $23. 5 million, as reported by ...
‍Ethereum Faces Key Levels Amid Mixed On-Chain Signals ETH price is currently testing support around $2,800, struggling against resistance at $3,000. Analysts note this level, previously support, has flipped. The 50- and 100-week moving averages converge here. A break above $3,000 could target the mid-$3,000s. Despite a dip in network fees, active addresses and transactions on Ethereum's base layer have increased. US-based Ethereum spot ETFs saw $312 million in inflows last week, suggesting renewed institutional interest. The MVRV Z-Score is nearing historical accumulation levels, hinting at a potential local bottom and undervaluation. Key levels to watch are $2,800 (support) and $3,000 (resistance).
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Ethereum Price Battles Key Levels as On-Chain Signals Present Mixed Outlook
The price of Ether (ETH) recently experienced a dip to $2,800, struggling to maintain its position above the significant $3,000 psychological barri...
‍Zama to Auction 10% of ZAMA Tokens on Ethereum with FHE Zama will conduct a public auction for 10% of its ZAMA token supply on the Ethereum blockchain, utilizing a secret-bid Dutch auction format. The process incorporates Full Homomorphic Encryption (FHE) to ensure bid confidentiality, aiming for fair distribution and price discovery while preventing market manipulation. The ZAMA token functions as the utility token for Zama's protocol, a privacy layer for blockchains. It covers encryption/decryption costs, enables staking, and secures FHE co-processors and KMS nodes. The auction runs from January 12-15, 2026, with token claims starting January 20, 2026. The Zama mainnet is expected to launch by the end of 2025.
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Zama to Auction 10% of ZAMA Tokens on Ethereum, Ensuring Fair Play with FHE
Zama, a prominent cryptocurrency enterprise, has announced a public auction for 10% of its total ZAMA token supply....
‍German and Swiss Authorities Dismantle $1.4B Cryptomixer in Major Crackdown European law enforcement, with support from Europol and Eurojust, has successfully shut down Cryptomixer, a major crypto mixing service used to launder over $1.4 billion in Bitcoin since 2016. The operation, conducted in Zurich, resulted in the seizure of three servers, the cryptomixer.io domain, over $27 million in BTC, and 12 terabytes of data. Cryptomixers obscure transaction origins, making them tools for ransomware groups, dark-web markets, and other illicit operations. While the takedown will disrupt criminal cash-out workflows, experts note that sophisticated groups may migrate to other mixers or exchanges. This action is part of a broader European offensive against crypto-enabled crime.
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German and Swiss Authorities Shut Down $1.4B Cryptomixer in Major Crypto Laundering Crackdown
In a significant cross-border operation, European law enforcement agencies have successfully dismantled Cryptomixer, a prominent crypto mixing serv...
‍South Korea Urges Finalization of Stablecoin Bill by December 10 South Korean lawmakers are pressing financial regulators to finalize a draft stablecoin bill by December 10. Key disagreements persist regarding the role and equity stake of traditional banks in issuing Korean won-pegged digital currencies. The Bank of Korea advocates for banks to hold at least 51% of stablecoin issuers, citing their AML experience. However, other regulators and industry experts suggest that clear rules for all issuers would be a more effective approach. The ruling party aims to find a balance between monetary policy stability and digital asset innovation. Discussions are expected in the National Assembly in January 2026.
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South Korea Rushes Stablecoin Bill Ahead of Dec. 10 Deadline Amid Bank Role Disputes
South Korean lawmakers are intensifying pressure on financial regulators to finalize a draft stablecoin bill by a crucial deadline this month....
‍Kevin Hassett Favored as Next Fed Chair: Implications for Crypto Prediction markets indicate Kevin Hassett, former NEC director, is a leading candidate to succeed Jerome Powell as Federal Reserve chair. Hassett's crypto-friendly background, including his involvement with Coinbase and advocacy for digital assets, suggests a potential shift in the Fed's approach. While some, like Caitlin Long, anticipate significant changes favoring crypto, others note that past "crypto-literate" officials have still enacted strict regulations. A Hassett-led Fed may be more open to innovation, but financial stability remains the core mandate. Hassett's appointment would occur amidst ongoing Fed debates on bank supervision, with Governor Michael Barr expressing concerns about potential deregulation. New Supervisory Operating Principles aim for a "risk-first" framework, but their application, particularly concerning emerging risks, is still under scrutiny. The outcome could significantly impact crypto regulation and monetary policy, balancing innovation with prudence.
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Crypto-Friendly Kevin Hassett Emerges as Top Fed Chair Pick on Prediction Markets
Prediction markets like Polymarket and Kalshi are increasingly favoring Kevin Hassett, former National Economic Council director under US President...
‍Abu Dhabi to Host Web2 to Web3 Conference for Institutional Digital Asset Adoption The Web2 to Web3 Conference will take place on December 10 at HUB71 in Abu Dhabi, focusing on institutional Web3 adoption. The event aims to bridge traditional finance and the digital asset ecosystem, gathering senior executives, investors, regulators, and Web3 infrastructure companies. Organized by More & More, the conference will discuss custody, settlement, compliance, tokenization, regulatory alignment, payments innovation, digital identity, and enterprise Web3 use cases. Tal Mor, Founder of More & More, stated, "This conference reflects the momentum we are seeing as global financial institutions look to adopt Web3 infrastructure responsibly." Key speakers include Michael Amar (Paris Blockchain Week), Ouriel Ohayon (Zengo), Ran Goldshtein (Fireblocks), and Nevo Lapidot (eToro). Attendance is limited to 150 senior participants.
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Abu Dhabi Hosts Web2 to Web3 Conference for Institutional Digital Asset Adoption
The Web2 to Web3 Conference is set to launch on December 10 at HUB71 in Abu Dhabi Global Market, marking a significant step towards institutional W...
‍Zoomex Facilitates $280K Digital Asset Withdrawal With Transparency A recent $280,000 digital asset withdrawal from Zoomex has highlighted the platform's operational transparency. The user reported a seamless experience, contrasting with common industry issues like delays or complex verification. The incident, dated December 1st, 2025, underscores Zoomex's user-centric approach amidst increasing compliance controls in the crypto sector. The platform applied no restrictive measures, allowing unimpeded access to funds. Zoomex, founded in 2021, serves over 3 million users globally, emphasizing "simplicity × ease of use × speed."
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Zoomex Showcases Transactional Transparency with Seamless $280K Digital Asset Withdrawal
A recent user experience at the cryptocurrency exchange Zoomex has drawn attention to its operational transparency and strict adherence to withdraw...
‍Singapore Crypto Platform Founders Sued for $60.5M Over Alleged Fraudulent Asset Misappropriation The founders of Singapore-based Tokenize Xchange, Hong Qi Yu and Erin Koo, are facing a $60.5 million lawsuit from over 270 former users. The suit alleges fraudulent misappropriation of customer digital assets following the platform's shutdown in July 2025 due to failure to secure a DPT license. A judicial manager's report revealed a $263.7 million shortfall, with the platform owing customers approximately $266.3 million while possessing only $2.6 million in assets. Singaporean authorities are investigating AmazingTech, the operator of Tokenize Xchange. This case highlights concerns regarding customer fund handling and regulatory compliance in the crypto sector.
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Singapore Crypto Platform Founder Sued for $60.5M Over Alleged Fraudulent Asset Misappropriation
The founders of Singapore-based cryptocurrency platform Tokenize Xchange are currently embroiled in a significant legal dispute, facing a lawsuit t...
‍Bitcoin Faces $50K Crash Warning Amid December Volatility Bitcoin (BTC) experienced a sharp 5% drawdown entering December, fueling bearish sentiment. Analysts suggest a return to $50,000 is "inevitable," citing liquidity concerns, historical December trends, and upcoming macroeconomic data. BTC/USD saw significant liquidations exceeding $600 million. While some traders warn of drops to sub-$40,000 levels, others identify potential ranges like $80k-$99k. November closed down 17.7%, the worst monthly performance since 2018. Macroeconomic factors, including PCE index data and potential Fed rate decisions, alongside Bank of Japan yield surges, contribute to market uncertainty. However, record stablecoin reserves relative to BTC reserves on Binance indicate substantial "dry powder" and potential for a market reversal.
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Bitcoin Faces $50K Crash Warning Amid December Volatility and Macroeconomic Headwinds
Bitcoin (BTC) has entered December with renewed volatility, experiencing a rapid 5% price drawdown that threatens further declines....