Solana-based stablecoin USX once experienced a defegation.
According to blockchain security firm Peckshield, the Solana-based stablecoin USX once experienced a defegation due to a lack of liquidity. USX plummeted to as low as $0.10 but has since recovered to $0.98. The Solstice team stated, "USX's underlying and custodial assets were unaffected by this incident, and it currently maintains a 100% collateralization ratio. This incident occurred due to liquidity issues in secondary markets (exchanges, etc.), and the team and market makers plan to continue providing liquidity to stabilize the market."
Japanese financial authorities establish a new department in charge of virtual assets and stablecoins.
SBS reported, citing Kyodo News, that Japan's financial authorities are establishing a new department in charge of virtual assets and stablecoins. Following the approval of the Financial Services Agency's reorganization plan, the Asset Management and Insurance Supervision Bureau, responsible for insurance company supervision and asset management policies, and the Cryptocurrency and Stablecoin Division are expected to be established next summer.
Russia's largest state-owned bank is considering a cryptocurrency-backed loan service.
Russia's largest state-owned bank, Sberbank, is considering offering cryptocurrency-backed lending services, according to Russian state news agency TASS. Anatoly Popov, Deputy Chairman of the Board of Directors of Sberbank, told TASS that while regulation of the cryptocurrency market in Russia is still in its infancy, the bank is ready to work with regulators to develop relevant solutions and build infrastructure.
Gemini, the third-largest cryptocurrency exchange in the US, now supports BNB trading and custody.
Gemini, the third-largest exchange in the US, announced on the 23rd (local time) that it would begin offering BNB trading and custody, CrowdfundInsider reported. The outlet explained, "Coinbase, the largest exchange in the US, does not yet support BNB-related services, presumably due to competition with industry leader Binance." Meanwhile, Kraken, the second-largest exchange in the US, listed BNB in April and began offering custody support in July.
Abe Community rejects proposal to acquire developer IP and equity
A proposal to have Aave DAO acquire the intellectual property (IP) and shares of Aave Labs, the developer of AAVE, and make Aave Labs a subsidiary of the DAO was ultimately rejected with 55.29% of the votes cast. The proposal was initially proposed amid allegations that Aave Labs was privatizing swap fees generated from Aave's Cowswap-based interface. The proposal also included a provision to return all revenue generated by Aave Labs from the AAVE brand to the DAO treasury.
Binance Supports FXS Token Swap and Rebranding
Binance announced support for the Frax Share (FXS) token swap and rebranding to Frax (FRAX). Accordingly, the existing FXS spot trading pair will be delisted at 12:00 PM (KST) on January 13th, and FXS deposits and withdrawals will be temporarily suspended at 12:30 PM (KST) on the same day. FRAX token deposits will open at 4:00 PM (KST) on January 15th, and FRAX/USDT trading will be available at 5:00 PM (KST) on the same day.
Coinone Urges Caution When Investing in TWT
Coinone has announced that it is urging caution when investing in Trust Wallet Tokens (TWT). On December 26, 2025, Coinone confirmed through the official community that a security vulnerability existed in the Trust Wallet service. Accordingly, Coinone cautioned investors to be cautious about potential price volatility when investing in Trust Wallet Tokens (TWT).
Analysis: "ETH unlikely to report next year... Still better than other altcoins."
A new analysis suggests that Ethereum (ETH) is unlikely to hit a new high in 2026. According to Cointelegraph, cryptocurrency analyst Ben Cowen stated, "If BTC is indeed in a bear market, it will be very difficult for ETH to rise on its own. Even if ETH recovers its all-time high ($4,878), it is likely to be a bull trap (a reversal from a bullish to bearish trend at the upper high of a range). Following the surge, it will likely reverse course and fall to the $2,000 level." He added, "ETH is the only altcoin that still has a chance of recovering its all-time high. Most other altcoins appear to have exhausted their strength during this cycle. Even if they haven't hit a new high yet, it will be difficult to do so within this cycle."
Upbit ZKP listing
Upbit announced that it will list ZKP (ZKP) on BTC, USDT, and KRW markets at 5:30 PM today.
Bithumb Lists ZKP Korean Won Market
Bithumb announced that it will list ZKP (ZKP) on the Korean Won market at 6 PM today.
Upbit YB listing
Upbit announced that it will list Yield Basis (YB) on the BTC and USDT markets at 3 PM today.
Fudge Penguin Appears at Las Vegas Sphere
PENGU announced through X that it has appeared on the Sphere, a giant light structure in Las Vegas, USA, through X. PENGU had previously announced that it would be wrapping the Sphere in Las Vegas from Christmas Eve on the 15th until the first week of the new year.
Long/Short Ratios of BTC Perpetual Futures on the Three Major Futures Exchanges
The ratio of long and short BTC perpetual futures positions over the past 24 hours on the world's top three cryptocurrency futures exchanges based on open interest is as follows.
Total Exchange: Long 49.34% / Short 50.66%
1. Binance: Long 48.99% / Short 51.01%
2. OKX: Long 49.95% / Short 50.05%
3. Bybit: Long 48.69% / Short 51.31%
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