‍Luminary Bank & Colossus Digital Launch Non-Custodial Staking Services Luminary and Colossus Digital have partnered to offer compliant, enterprise-grade, non-custodial yield services for international businesses. This collaboration allows companies to earn staking rewards while maintaining full control over their digital assets. The new model ensures users' assets remain in their own custody, avoiding risks associated with shared liquidity pools and liquid staking tokens. Luminary provides regulated access, while Colossus Digital connects to validators across over 30 blockchain networks.
‍Xiaomi integrates Sei crypto wallets into new smartphones Chinese electronics giant Xiaomi is partnering with layer-1 blockchain Sei to preinstall a native crypto wallet on new smartphones. This initiative aims to simplify entry into digital assets for millions by embedding Web3 technology directly into mobile devices. The wallet will use existing Google and Xiaomi IDs for login and will be rolled out in Europe, Latin America, Southeast Asia, and Africa. Sei and Xiaomi are also exploring stablecoin payments within Xiaomi’s ecosystem, with plans to enable purchases using stablecoins like USDC by Q2 2026 in Hong Kong and the EU.
‍BitMEX Launches Redesigned Mobile App for Enhanced Derivatives Trading Cryptocurrency derivatives exchange BitMEX has unveiled a significantly upgraded mobile application, featuring a redesigned interface to accelerate trading and improve user intuitiveness. The update, live as of December 11, 2025, introduces streamlined controls and faster access to key trading functions. Key enhancements include a clearer UI, gesture-driven controls like "Swipe to Close," and optimized Quick Trade processes. CEO Stephan Lutz stated, "The redesigned BitMEX Mobile app represents an important step in our commitment to provide traders with faster, clearer, and more intuitive tools." The app also offers a simplified KYC process and one-click fiat-to-crypto purchases, alongside access to over 80 derivatives contracts with low latency. BitMEX emphasizes this update as foundational for future product enhancements, underscoring the growing significance of mobile platforms in derivatives trading.
‍Coinbase Integrates Solana DEX for Trading SPL Tokens Coinbase has expanded its offerings by integrating a decentralized exchange (DEX) for the Solana ecosystem, enabling direct trading of native Solana tokens within the platform. This move broadens access to digital assets and signifies a growing convergence between centralized (CeFi) and decentralized finance (DeFi). Any Solana-based token with sufficient liquidity can now be accessed by millions of Coinbase users, eliminating the need for traditional listing processes. This follows a similar integration for Coinbase's own Base blockchain. The integration taps into Solana's rapidly growing DeFi sector, which has seen significant innovation and high daily DEX volumes. This trend of integrating DEX functionalities is also observed on exchanges like OKX and Binance, reflecting the increasing efficiency and liquidity of decentralized protocols. The blending of CeFi and DeFi offers users enhanced accessibility and a wider selection of tokens.
‍Terra Founder Do Kwon Faces Sentencing for $40 Billion Crypto Collapse Do Kwon, founder of Terraform Labs, is set for sentencing today, December 11, 2025, after pleading guilty to fraud charges linked to the collapse of the Terra/LUNA ecosystem. The collapse, which erased an estimated $40 billion, was triggered by the de-pegging of the algorithmic stablecoin TerraUSD (UST). Kwon, previously a fugitive, was arrested in Montenegro in March 2023 and extradited to the U.S. in December 2024. Prosecutors seek a 12-year sentence, while his legal team argues for five years. This case follows other high-profile sentences, including Sam Bankman-Fried (25 years) and Alex Mashinsky (12 years).
‍PEPE's Fair Launch Under Scrutiny: 30% Supply Held by Single Entity Blockchain analysis firm Bubblemaps has raised concerns regarding the "fair launch" claims of the memecoin PEPE. Their research indicates that approximately 30% of the genesis supply was concentrated in a single wallet cluster at launch, contradicting the project's decentralized narrative. This entity reportedly sold $2 million in PEPE shortly after launch, potentially impacting its market performance. Bubblemaps' tools aim to detect such risks, crucial in the volatile memecoin sector. PEPE's price has seen a decline, and the project has faced other challenges, including a website compromise. The findings highlight the need for investor due diligence and independent data analysis.
‍XRP Transaction Fees Hit 5-Year Low: Bears Eye $1.75 Target XRP Ledger's daily transaction fees have plummeted by 89%, reaching levels not seen since December 2020. This significant drop indicates reduced network activity, a trend mirrored by a 59% decrease in XRP's futures open interest. Technical analysis reveals a bearish descending triangle pattern, suggesting a potential price drop to $1.73 if support around $1.98-$2.00 fails. Despite widespread fear and uncertainty, some analysts believe extreme negative sentiment could precede a rally.
‍OKX Launches CeDeFi Product in U.S. Market OKX has officially unveiled its new CeDeFi product for the United States market. The launch event, held in Miami and co-hosted with Pudgy Penguins, brought together over 300 crypto industry leaders. The CeDeFi feature merges centralized and decentralized finance, allowing users to trade tokens directly from DEXs across blockchains like Solana, Base, and X Layer using their OKX account balance. This aims to simplify on-chain trading by eliminating the need for multiple wallets and managing gas fees. The platform utilizes smart order routing across over 100 liquidity pools for optimal price execution.
‍Sirius Holding and Crypto.com Partner to Advance UAE Digital Asset Ecosystem Sirius International Holding and Crypto.com have formed a strategic partnership to bolster the UAE's digital asset sector. The collaboration focuses on promoting blockchain adoption and the tokenization of real-world assets. Key initiatives include Crypto.com exploring integration with the ADI Foundation's blockchain and assessing the listing of Sirius ecosystem digital assets. The partnership also aims to expand crypto utility via Crypto.com Pay and explore institutional opportunities on the Crypto.com Exchange.
‍Hong Kong Eyes Global IPO Crown in 2026 With $42B Tech-Driven Boom Hong Kong is projected to lead global IPOs in 2026, with forecasts exceeding $42 billion USD. This surge is driven by regulatory changes attracting tech firms, signaling a bullish environment for digital assets. Key to this growth is Chapter 18C of HKEX rules, designed for Specialist Technology Companies. UBS anticipates 150-200 companies listing, particularly in high-tech and AI sectors. This aligns with Hong Kong's digital asset strategy, including approved spot Bitcoin and Ether ETFs and a VATP licensing framework. The city's focus on stablecoins and RWAs further solidifies its innovation hub status. Attractively valued Greater China equities and potential interest rate cuts contribute to a favorable market outlook.