U.S. prosecutors seek a 12-year prison sentence for Terra co‑founder Do Kwon, positioning the request against the 25‑year term given to Sam Bankman‑Fried and the scale of investor losses from the Terra collapse. The filing underscores a dispute over punishment severity, with Kwon’s defence pursuing a five‑year term while prosecutors frame the case as one of the largest recent crypto frauds. The sentencing timeline remains fluid following a postponement, keeping the final term unresolved.
Author: chloe
chloe
Bitcoin, Ethereum, and Layer 1 infrastructure are at the center of Chloe’s coverage. She follows protocol upgrades, network changes, and technical decisions that affect how major blockchains evolve over time, with particular attention to long-term reliability and adoption. When relevant, she also tracks regulatory developments and market reactions tied to core blockchain systems.
XRP faces a fresh wave of Fear, Uncertainty and Doubt (FUD) as social sentiment has flipped sharply bearish and the token trades near the $2 mark. The market will watch Ripple’s announced unveiling of its stablecoin RLUSD on 4 de dic. de 2025 as a near-term catalyst while institutional flows provide a countervailing force.
Dogecoin is trading lower even as a wave of Dogecoin ETFs reaches public markets, with price action marked by fresh lower lows and failed support tests. The clash between ETF-driven legitimacy and deteriorating technicals has left market participants weighing small debut volumes and episodic whale activity against ongoing selling pressure.
The Ethereum network successfully implemented its historic Fusaka upgrade on December 4, managing to maintain uptime despite severe technical setbacks. Terence Tsao, a Prysm core developer, explained that a critical bug in the consensus client caused denial-of-service-like conditions on affected nodes, threatening the system’s immediate operational stability following activation. Within hours of the launch, a spike in stale attestations forced Prysm nodes to reconstruct historical states, which dangerously slowed down block finalization across the network. The Ethereum Foundation quickly issued emergency guidance recommending a specific configuration flag, while validators struggled to maintain synchronization under extremely heavy computation and memory conditions.…
The Ethereum network faced a significant technical challenge shortly after its recent Fusaka upgrade. A software bug caused a 25% drop in voting participation, dangerously bringing the chain close to an operational disruption. Terence Tsao, a core developer at Prysm, confirmed that this incident highlights the critical importance of consensus client diversity for system stability.
Participants at Binance Blockchain Week prioritized stablecoin adoption and tokenized settlement, signaling a practical shift toward faster, on-chain post-trade processes.
Polymarket has released a dedicated U.S. application while a major asset manager has moved to a risk‑on posture and cryptocurrency markets remain broadly positive. These three developments, reported in parallel, underscore renewed appetite for market‑facing crypto products and potential shifts in institutional allocation.
BONK edged higher while trading remained confined to a narrow range, holding above a level described as key support in market commentary. The price action indicates short-term consolidation, a pattern that matters for traders and liquidity providers monitoring potential breakouts or breakdowns.
CertiK warned that newly proposed or implemented US stablecoin rules are fragmenting global liquidity between the United States and Europe, a shift that could affect settlement, market depth, and cross-border flows. The notice frames a divergence in where stablecoin liquidity concentrates and how it may be accessed by market participants.
The British electoral landscape has been shaken after it was revealed that the Reform UK party received 12 million dollars from a key investor, fueling the debate on crypto political donations. According to recent Electoral Commission figures cited by the BBC on Thursday, Christopher Harborne has made the largest single political gift in modern British history.