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Found 5759 news

  • Meta shares climb on report of possible 30% metaverse budget cut
    Cointelegraph.com - 01:46 Dec 05, 2025
    Meta is reportedly cooling on the metaverse with planned 30% cuts in its virtual reality research department, Reality Labs, which shareholders seemingly support. Social media giant Meta is reportedly planning to scale back its metaverse spending by up to 30% and redirect the funds into virtual reality glasses and artificial intelligence. No final decision has been made yet, but budget cuts and possible layoffs are on the table for Meta’s Reality Labs division, mainly aimed at its virtual reality unit, which eats up the bulk of metaverse-related spending, Bloomberg and The New York Times reported on Thursday. The budget cuts could come as early as January, but Meta plans to redirect resources to a Reality Labs unit developing augmented reality glasses. Read more
    Tags: Meta
  • Hua Xia state-linked Chinese bank tokenizes $600M in yuan bonds
    Cointelegraph.com - 21:35 Dec 04, 2025
    The bond was auctioned off to holders of the digital yuan, a central bank digital currency (CBDC) developed by the Chinese government. Hua Xia Bank, a publicly traded financial institution linked to China’s government, issued 4.5 billion yuan ($600 million) in tokenized bonds on Wednesday, aiming to reduce clearing friction by removing intermediaries from the auction process. According to Sina, the onchain government bonds were issued by Hua Xia Financial Leasing, a subsidiary of Hua Xia Bank, a state-controlled commercial bank in China. The bonds offered a three-year fixed yield of 1.84% to holders. The $600 million bond tranche was auctioned off exclusively to holders of China’s digital renminbi, also known as the digital yuan. Read more
    Tags: Chinese
  • Former Binance.US CEO launches stablecoin platform ahead of L1 network
    Cointelegraph.com - 21:31 Dec 04, 2025
    After securing $20 million in seed funding for the project in January, Brian Shroder announced a step toward 1Money’s planned stablecoin network. 1Money, a company co-founded by the former CEO of Binance.US, has launched a stablecoin orchestration platform ahead of its plans to build a layer-1 blockchain for payments. In a Thursday announcement, 1Money said the platform by the same name will have “zero platform fees,” opting instead for usage-based fees for transactions involving stablecoins and fiat. According to the company, the initiative will continue on 1Money’s layer-1 network for stablecoin payments, offering no gas fees. “For too long, legacy stablecoin service providers have held the ecosystem back with outrageously high monthly minimums and bloated fees, 1Money is ending that era,” said Brian Shroder, 1Money co-founder and CEO and former CEO of Binance.US. Read more
  • CNBC taps Kalshi to bring real-time prediction data into financial coverage
    Cointelegraph.com - 21:22 Dec 04, 2025
    Kalshi will provide real-time prediction data across CNBC’s TV, digital and subscription platforms beginning in 2026 as part of a mult-year partnership. CNBC has entered a multi-year partnership with prediction market operator Kalshi to incorporate real-time forecasting data across its TV, digital and subscription platforms. According to Thursday’s announcement, Kalshi’s event probability data will be integrated into CNBC programming beginning in 2026, including on shows such as “Squawk Box” and “Fast Money,” with a dedicated ticker displaying forecast moves in real-time. Kalshi will also launch a CNBC-branded page on its platform featuring markets selected by the network. Read more
  • Ether outpaces Bitcoin’s trend change: Is ETH on track for a 20% rally?
    Cointelegraph.com - 21:03 Dec 04, 2025
    ETH outperformed Bitcoin in terms of spot ETF flows and short-term returns. Technical charts suggest traders are positioning for a 20% upmove. Ether (ETH) has outperformed Bitcoin (BTC) in terms of price action and exchange-traded fund (ETFs) flows this week, reinforcing the capital rotation narrative. Over the past two weeks, the spot ETH ETFs recorded $360 million in net inflows versus BTC’s $120 million, signaling a shift in investors’ preference for the time being.  Key takeaways: Spot ETH ETFs have attracted three times more inflows than BTC, strengthening their relative momentum. Read more
  • In wake of crypto’s leverage wipeout, SEC approves ‘SUI-on-steroids’ ETF
    Cointelegraph.com - 20:47 Dec 04, 2025
    The SEC approved a 2x leveraged ETF tied to SUI as regulators warn that excessive leverage continues to amplify volatility across crypto markets. The US Securities and Exchange Commission (SEC) has approved a leveraged exchange-traded fund tied to the SUI token from 21Shares, allowing investors to gain amplified exposure to the Sui ecosystem as questions persist about the risks of leverage in crypto markets. On Thursday, the Sui Foundation announced that 21Shares has launched its 2x leveraged SUI (SUI) ETF, trading under the ticker TXXS on the Nasdaq. The fund is designed to deliver twice the daily return of SUI, giving investors a way to gain leveraged exposure without directly holding the cryptocurrency. In practical terms, if SUI rises 10% in a single day, the ETF aims to rise by about 20%. Losses are similarly magnified on the downside. Read more
  • Peter Schiff fails to authenticate gold bar during onstage test with CZ
    Cointelegraph.com - 20:35 Dec 04, 2025
    Gold advocate Peter Schiff faced Binance co-founder Changpeng "CZ" Zhao during an event panel in Dubai, arguing that tokenized gold is a better store-of-value asset than Bitcoin. A panel featuring gold advocate Peter Schiff and Binance co-founder Changpeng “CZ” Zhao at Binance Blockchain Week highlighted the challenges of verifying physical gold, after Schiff was unable to confirm whether a gold bar presented to him was genuine. The debate centered on whether tokenized gold or Bitcoin (BTC) is a better store of value asset based on divisibility, portability, verifiability, durability and supply constraints — key factors in assessing an asset’s viability as money. CZ argued that BTC is a better medium for storing value for several reasons, including the ability for any user to instantly verify the cryptocurrency through a full node or other methods that check a cryptographically secure public ledger.  Read more
  • Bitcoin price action, investor sentiment point to bullish December
    Cointelegraph.com - 19:47 Dec 04, 2025
    An emerging bullish Bitcoin trend challenges a decade-long bearish seasonal pattern. Will BTC hit new highs before the end of 2025? Bitcoin (BTC) entered the new month with a statistical headwind it has never overcome: Every time November ended in the red, BTC struggled to turn bullish in December. Yet this year’s structure looks materially different, with momentum, liquidity rotation and cycle deviations pushing against what has been a 100% bearish seasonal setup. Key takeaways: Bitcoin’s bearish December period could change with reduced leverage, and price reclaiming a key technical level, hinting at a more stable setup. Read more
  • IMF lays out guidelines for addressing stablecoin risks, beyond regulations
    Cointelegraph.com - 19:43 Dec 04, 2025
    The fund identified “strong macro-policies and robust institutions” as a response to the potential risks of stablecoins, above a patchwork of global regulations. The International Monetary Fund (IMF) released a comprehensive report on the potential impact of the growing stablecoin market and the adequacy of global regulations in handling it.  In the “Understanding Stablecoins” report released on Thursday, the IMF analyzed the various approaches regions, including the United States, the United Kingdom, Japan and the European Union, had taken in establishing a regulatory framework for stablecoins. Although the report noted that emerging regulations could mitigate risks to macrofinancial stability, the landscape was “fragmented,” both in policymakers’ approaches and how stablecoins are issued. Read more
  • Twenty One Capital eyes Tuesday debut following Cantor Equity Partners merger
    Cointelegraph.com - 18:30 Dec 04, 2025
    Bitcoin-focused Twenty One Capital is set to go public on the NYSE after winning shareholder approval for its merger with Cantor Equity Partners. Twenty One Capital, a Bitcoin-focused financial company led by Jack Mallers, expects its shares to begin trading on the New York Stock Exchange next week following the completion of its merger with Cantor Equity Partners, a special purpose acquisition company. The announcement on Thursday followed shareholder approval of the deal at Cantor Equity Partners’ meeting, clearing the way for Twenty One Capital to list next Tuesday under the ticker symbol “XXI.” Final voting results from the meeting are expected to be disclosed in a forthcoming Form 8-K filing with the US Securities and Exchange Commission. Read more
  • Solmate looks beyond SOL treasury model with RockawayX acquisition
    Cointelegraph.com - 18:03 Dec 04, 2025
    The deal would fold RockawayX’s infrastructure, liquidity and asset-management businesses into Solmate, widening revenue streams for the SOL-focused treasury company. Solmate, formerly Brera Holdings PLC, has signed a nonbinding term sheet to acquire RockawayX, a deal that would shift the Abu Dhabi–based Solana company from a passive digital-asset treasury to a unified platform offering infrastructure, liquidity and asset-management services. According to Thursday’s announcement, the all-stock deal would see Solmate acquire all of RockawayX’s operations, including its validator infrastructure and onchain liquidity business, as well as its venture and credit funds, creating a combined entity with more than $2 billion in assets under management.  The companies said the merger would combine their staking, hardware, market-making and asset-management lines under a single roof, pending definitive agreements and regulatory and shareholder approvals expected in 2026. Read more
  • CFTC greenlights spot crypto trading on US exchanges
    Cointelegraph.com - 16:26 Dec 04, 2025
    Acting CFTC Chair Caroline Pham said the move was intended to drive trading activity to US exchanges, rather than offshore ones “that lack basic safeguards.” The US Commodity Futures Trading Commission has given approval for spot cryptocurrency products to trade on federally regulated futures exchanges. In a Thursday notice, Acting CFTC Chair Caroline Pham said the move was in response to policy directives from US President Donald Trump. She added that the approval followed recommendations by the President’s Working Group on Digital Asset Markets, engagement with the US Securities and Exchange Commission and consultations from the CFTC’s “Crypto Sprint” initiative. “[F]or the first time ever, spot crypto can trade on CFTC-registered exchanges that have been the gold standard for nearly a hundred years, with the customer protections and market integrity that Americans deserve,” said Pham. Read more
    Tags: CFTC
  • Bitcoin rejects at key $93.5K as Fed rate-cut bets meet 'strong' bear case
    Cointelegraph.com - 15:22 Dec 04, 2025
    Bitcoin price action fell back toward $90,000 on strong US jobs data as BTC ignored Fed rate-cut optimism, failing to flip the yearly open to support. Bitcoin (BTC) slipped from the 2025 yearly open into Thursday’s Wall Street trading session as markets reacted to US jobs data. Key points: Strong US labor-market data fails to dent hopes of a December Fed rate cut. Read more
    Tags: Bitcoin
  • Exclusive data from EigenPhi reveals that sandwich attacks on Ethereum have waned
    Cointelegraph.com - 15:00 Dec 04, 2025
    Exclusive data shows that MEV attacks hit hundreds of traders on Ethereum each month and continue to result in millions in losses. Maximal extractable value (MEV) refers to the economic value diverted from users by block builders through the manipulation of transaction ordering. The most harmful type of MEV are sandwich attacks, where an attacker simultaneously frontruns and backruns a victim’s swaps. This gives the victim a suboptimal execution price while the attacker pockets a spread. Most MEV activity occurs on Ethereum because it has high activity on DEXs and features an open block-building market that exposes order flow to searchers. In this article, Cointelegraph Research provides insights into sandwiching activity from November 2024 to October 2025, based on a data set of more than 95,000 sandwich attacks exclusively provided by the data platform EigenPhi.  Our research indicates that, despite the slowdown in sandwich extraction, the risk to ordinary users persists. While attacks result in about $60 m...
  • Pepe memecoin website exploited, redirecting users to malware: Blockaid
    Cointelegraph.com - 14:57 Dec 04, 2025
    The website of the Pepe memecoin has been hit with a front-end attack, and users are encouraged to stay clear of the website. The official website for the Pepe (PEPE) memecoin has been compromised by attackers, who are redirecting users to a malicious link. “Blockaid’s system has identified a front-end attack on Pepe. The site contains a code of inferno drainer,” the cybersecurity company said on Thursday. Blockaid’s Threat Intelligence Team told Cointelegraph: Inferno Drainer is a suite of scam tools that is employed by threat actors, including phishing website templates, wallet drainers and social engineering tools. The price of PEPE did not react immediately to the hack. The memecoin is up by about 4% over the last 24 hours, but is down by more than 77% over the last 12 months, according to CoinGecko. Read more
  • EU plan boosts ESMA powers over crypto and capital markets
    Cointelegraph.com - 14:33 Dec 04, 2025
    The European Commission plans to expand ESMA oversight of MiCA crypto companies and trading venues, aiming to streamline EU markets and narrow the gap with the US. The European Commission has proposed expanding the powers of the European Securities and Markets Authority (ESMA) over crypto and broader financial markets in a bid to narrow the competitive gap with the United States. Published Thursday, the package would transfer “direct supervisory competences” for key pieces of market infrastructure, including crypto-asset service providers (CASPs), trading venues and central counterparties, to ESMA and strengthen its coordination role in the asset management sector. The proposal still needs approval from the European Parliament and the Council, where it is under negotiation. Read more
    Tags: ESMA
  • Bitcoin looks increasingly like it did in 2022: Can BTC price avoid $68K?
    Cointelegraph.com - 14:29 Dec 04, 2025
    Onchain data points to a major Bitcoin price drop in the making, while a bearish technical structure projected a drop to $68,000. Bitcoin (BTC) is flashing early signs of a deeper correction, as the latest recovery pauses at $93,000. New analysis shows Bitcoin’s “market structure” increasingly resembles the first quarter of 2022, which marked the beginning of the bear market. Key takeaways: Bitcoin's onchain structure mirrors early 2022, risking a deep bear market if key levels are lost.  Read more
    Tags: Bitcoin
  • Argentine state-owned energy giant weighs crypto payments for fuel: Report
    Cointelegraph.com - 14:21 Dec 04, 2025
    Argentina’s state oil company, YPF, is reportedly exploring crypto payments at its fuel stations as adoption of digital assets rises, following the recent rollout of US dollar transactions. Yacimientos Petrolíferos Fiscales (YPF), Argentina’s state-controlled energy company, is reportedly considering allowing drivers to pay for gasoline and diesel with cryptocurrency, as digital assets continue to gain traction in everyday transactions across the country. The plan could rely on a third-party processor rather than direct wallet payments, including local and international platforms such as Lemon, Ripio or Binance to handle conversions, local news outlet La Nación reported on Tuesday, citing people familiar with the matter. The review comes two months after YPF began accepting US dollar payments at its stations, a step that made it the country’s first fuel chain to price and process sales in US dollars. The policy came amid a broader push by Economy Minister Luis Caputo to encourage the circulation of hard curre...
  • 6 reasons Jack Dorsey is definitely Satoshi… and 5 reasons he’s not
    Cointelegraph.com - 14:11 Dec 04, 2025
    Twitter founder Jack Dorsey was on the cypherpunk mailing list, can code in C++ and had every reason to want to invent Bitcoin. But did he? Over the years, weve explored some intriguing theories about who (or what) created Bitcoin, ranging from the top government spy agency in America to a time-traveling AI and even the lizard people.  However, some are adamant that the creator of Bitcoin is much more human and has been under our noses this whole time, sporting a guru beard, sandals, and wearing a T-shirt with Satoshi written on it in large letters: the billionaire Twitter and Block founder Jack Dorsey.  I believe that Jack has been outwardly signaling that hes Satoshi for more than a decade, deBanked chief editor Sean Murray tells Magazine.  Read more
  • Portal to Bitcoin raises $25M and launches atomic OTC desk
    Cointelegraph.com - 14:08 Dec 04, 2025
    Portal to Bitcoin raised $25 million and launched an HTLC-based atomic OTC desk aimed at enabling trustless, crosschain large trade settlement. Bitcoin-native interoperability protocol Portal to Bitcoin has raised $25 million in funding amid the launch of what it describes as an atomic over-the-counter (OTC) trading desk. According to a Thursday announcement shared with Cointelegraph, the company raised $25 million in a round led by digital asset lender JTSA Global. The fundraise follows previous investments by Coinbase Ventures, OKX Ventures, Arrington Capital and others. Alongside the fresh funding, the company rolled out its Atomic OTC desk, promising “instant, trustless cross-chain settlement of large block trades.” The newly deployed service is reminiscent of crosschain atomic swaps offered by THORChain, Chainflip, and more Bitcoin-focused systems such as Liquality and Boltz. Read more

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