Although recovery of assets affected in a $3.9 million exploit of the Flow blockchain isn't guaranteed, many users responded positively to a change in the remediation plan. The Flow Foundation, behind addressing a remediation plan following a $3.9 million exploit of the blockchain, has scrapped a proposal that would involve rolling back the layer-1 Flow chain after community criticism. In a Monday X post, Alex Smirnov, founder of bridge provider deBridge, said there would be “no rollback” and no reorganization of the blockchain as part of an updated recovery. Flow released a technical implementation plan, saying it had already temporarily restricted accounts affected by the exploit and Ethereum Virtual Machine (EVM) operations were read-only as part of phase one of the recovery. “There will be no chain reorganization,” said Flow. “All legitimate transactions that occurred prior to the halt remain valid and will not require resubmission or reconciliation.” Read more
Tokenized stocks have surged to a $1.2 billion market, with insiders comparing their growth to stablecoins and DeFi’s early boom in 2020. Demand for tokenized equities has accelerated since their mainstream debut earlier this year, pointing to this emerging asset class as a potential early signal of broader blockchain adoption beyond Bitcoin and stablecoins. The combined market capitalization of tokenized stocks has climbed to a record $1.2 billion, according to data from Token Terminal, driven by strong growth in September and December. “Tokenized stocks today are like stablecoins in 2020,” Token Terminal said, underscoring how early the market remains. Stablecoins were still in their infancy in 2020, but they have since grown into a $300 billion sector this year. Read more
A key lawmaker overseeing financial institutions reportedly tried to secure a job for one of his sons at a crypto exchange while raising concerns about a competitor. Kim Byung-kee, floor leader of South Korea’s Democratic Party, is facing scrutiny following a report alleging that he sought to pressure Dunamu, the operator of cryptocurrency exchange Upbit, after his son secured a position at a competitor. According to a Sunday report by news outlet Kyunghyang Shinmun, Kim, a member of the South Korean National Assembly's Political Affairs Committee, allegedly tried to secure a job for one of his sons at crypto exchange Bithumb while simultaneously raising concerns in the National Assembly about Upbit, a competitor crypto exchange operated by Dunamu. The report claims that Kim instructed his staff to “attack Dunamu” as part of monopoly concerns after South Korean giant Naver agreed in November to acquire the company in a $10 billion deal. The merger would likely still be subject to regulatory approval. Read mor...
The purchase lifts the company’s total Bitcoin holdings to 672,497 BTC and ranks among its smaller acquisitions this year compared with earlier multibillion-dollar buys. Strategy announced its latest Bitcoin purchase of 2025, adding 1,229 BTC after a year of accelerated accumulation that saw the company disclose more acquisitions than in the previous two years combined. According to a Form 8-K filed on Monday, the coins were acquired Dec. 22-28 for an aggregate purchase price of $108.8 million, funded through at-the-market stock sales. The purchase brings Strategy’s total Bitcoin holdings to 672,497 BTC (BTC) at an average purchase price of $74,997 per coin, according to the filing. Read more
Luke Gromen still backs debasement but is trimming Bitcoin risk as BTC lags gold, trends weaken and quantum headlines weigh on sentiment. Luke Gromen still believes governments will rely on inflation and weaker currencies to manage heavy debt. He is more cautious on Bitcoin in the short term and sees a possible move toward the $40,000 range in 2026. His main red flags are Bitcoin lagging gold, trend damage on key moving averages and “quantum risk” headlines weighing on sentiment. Read more
BlackRock’s tokenized money market fund has distributed $100 million from Treasury yields, offering a real-world test of blockchain-based financial infrastructure. BlackRock’s first tokenized money market fund has paid out $100 million in cumulative dividends since its launch, highlighting the growing real-world use of tokenized securities amid rising institutional adoption. The milestone for the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) was announced Monday by Securitize, which serves as the fund’s issuer and tokenization partner, overseeing onchain issuance and investor onboarding. Launched in March 2024, BUIDL was initially issued on the Ethereum blockchain. The fund invests in short-term, US dollar–denominated assets, including US Treasury bills, repurchase agreements and cash equivalents, offering institutional investors a blockchain-based vehicle to earn yield while maintaining liquidity. Read more
Bitcoin and several major altcoins are stumbling near their overhead resistance levels, indicating that the bears remain active at higher levels. Key points: Bitcoin continues to face significant selling near the $90,500 level, making it a critical short-term resistance to watch. Several altcoins show a positive divergence on the RSI indicator, indicating that the selling pressure may be reducing. Read more