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The following are the BTC perpetual futures long/short position ratios over the last 24 hours on the world's top three crypto futures exchanges by open interest: Overall: Long 49.97%, Short 50.03% 1. Binance: Long 49.55%, Short 50.45% 2. OKX: Long 50.28%, Short 49.72% 3. Bybit: Long 50.77%, Short 49.23%

Hackers who stole 44.5 billion won (approximately $32.2 million) in cryptocurrency from the South Korean exchange Upbit last month used a small exchange based in a tax haven to launder the funds, KBS reported exclusively. The perpetrators reportedly processed the stolen assets through Godex, an unlicensed platform based in Seychelles that allows users to conceal their identities as beneficial owners. In a separate report, KBS also stated that Upbit had requested that Binance freeze 470 million won (about $340,000) worth of Solana (SOL). However, Binance delayed the action for approximately 15 hours, citing a need for further fact-checking, and ultimately froze only 80 million won (about $58,000) worth of the assets.

Japan's National Tax Agency (NTA) collected a record ¥4.6 billion ($29.7 million) in back taxes from individual cryptocurrency investors last year, CoinPost reported. The figure, derived from 613 tax audits, marks a 31.4% increase from the previous year. Currently, Japan classifies profits from cryptocurrency as miscellaneous income, subject to a progressive tax rate of up to 55%. However, the Japanese government and the ruling party are pursuing a plan to reclassify it under a separate taxation system.

Members of the UK House of Lords have opposed a Bank of England plan to limit corporate and individual investor holdings of stablecoins, Bloomberg reported. In a letter to Chancellor of the Exchequer Rachel Reeves, the members, including Peter Cruddas, argued that the plan is more likely to cause capital flight than mitigate risk. They urged the chancellor to oppose the central bank's proposal. The Bank of England previously announced it would seek to cap individual stablecoin holdings at £20,000 (around $25,300) and corporate holdings at £10 million (around $12.7 million).

Blockchain mobility platform MVL has signed a Memorandum of Understanding (MOU) with Woori Bank's Cambodian subsidiary to promote green mobility initiatives in the country, local media reported. The partnership will focus on developing eco-friendly transportation for local Woori Bank employees and creating financial services for drivers.

Bitcoin accumulation addresses, defined as wallets holding for the long term, added 75,000 BTC between Dec. 1 and Dec. 10, according to an analysis by CryptoQuant contributor DarkPost on X. DarkPost noted that 40,000 BTC of this total was purchased between Dec. 9 and Dec. 10 alone. These addresses now hold approximately 315,000 BTC, and the accumulation trend is continuing. The analysis classifies these addresses based on criteria including no withdrawal history and repeated deposits, while excluding wallets tied to exchanges, miners, or smart contracts.

Ethereum (ETH) is positioned for long-term growth based on solutions to its scalability challenges and its robust community and dApp ecosystem, according to a recent report from LD Capital. The report states that blockchain technology is driving change across various industries, with ETH leading the way through its smart contract and dApp ecosystem. It notes that the Merge, Ethereum's transition to Proof-of-Stake (PoS), significantly improved its scalability, security, and energy efficiency. While acknowledging challenges from competing platforms due to high fees, the report anticipates that the introduction of Layer 2 solutions like sharding will resolve these scalability issues. LD Capital founder Jack Yi added that there is a growing consensus on Wall Street for blockchain adoption and that the Fusaka upgrade for ETH is increasing the daily burn rate. He also pointed out that speculative leverage is at an all-time low and exchange reserves account for only 10% of the supply. Yi concluded that funds are flowing into ETH for its tangible value amid the current cycle of interest rate cuts.

U.S.-based cryptocurrency exchange Kraken announced on its official blog the listing of Solv Protocol (SOLV) at 6:00 p.m. UTC on Dec. 11. According to CoinMarketCap, SOLV is currently trading at $0.01537, up 1.39%.

Cathie Wood's Ark Investment Management announced via X that it has purchased 13,700 shares of its own spot Bitcoin ETF (ARKB) and 124,427 shares of Robinhood through its ARKK, ARKW, and ARKF funds.

Cross-chain lending protocol Folks Finance has announced its growth roadmap for 2026, citing the stable value appreciation of its native FOLKS token. The plan includes the launch of xChain V2, a $15 million incentive program, an early access version of a regulatory-compliant mobile app, and the development of an EVM-compatible Liquid Staking Token (LST). The protocol also announced Season 2 of its Folks Points program, which will now award points for activities such as interest repayments, swaps, and flash loans. The upcoming xChain V2, scheduled for release in the first half of next year, will support both EVM and non-EVM ecosystems and feature what the project describes as DeFi's first cross-chain vault-based lending. To support this expansion, Folks Finance will introduce an incentive program of one million FOLKS tokens (approximately $15 million) with the goal of reaching $1 billion in total value locked (TVL). Additionally, a mobile app will be launched next year in collaboration with Folks Mobile, a licensed Virtual Asset Service Provider (VASP), for which over 30,000 users have already joined the early access waitlist.

Crypto lending protocol Aave (AAVE) announced it has introduced a new liquidation mechanism in its upcoming V4 upgrade. Unlike the previous system, which used a fixed ratio for liquidations, the new version only liquidates the amount necessary to restore a borrower's Health Factor to a stable level. The upgrade also features a variable bonus system where liquidation rewards increase based on position risk. Additionally, the protocol is improved to allow for the one-time clearance of small residual debts or collateral, known as "dust," to enhance capital efficiency, and to lower gas fees.

The U.S. House Financial Services Committee is pressuring the Securities and Exchange Commission (SEC) to include cryptocurrencies in 401(k) retirement plans, Cryptopolitan reported. In an official letter to SEC Chair Paul Atkins, committee members urged the agency to amend its rules to treat and evaluate cryptocurrencies like Bitcoin on par with other alternative assets. The letter emphasized that Americans should have more diverse investment options for their retirement funds, arguing that current regulations are outdated, overly restrictive, and block access to new asset classes. The committee also noted that President Donald Trump issued an executive order in August allowing 401(k) plans to invest in alternative assets such as crypto, real estate, and private equity, adding that the SEC should move quickly to implement the policy.

BNB has surpassed XRP in market capitalization to become the fourth-largest cryptocurrency. According to CoinMarketCap, BNB's market cap currently stands at $122.9 billion, while XRP's is $122.7 billion.

U.S. spot ETH ETFs experienced a total net outflow of $42.38 million on Dec. 11, marking the first day of net outflows in four trading days, according to TraderT. Grayscale's ETHE led the outflows with $31.22 million, followed by its Mini ETH fund with $10.03 million. In contrast, BlackRock's ETHA recorded no net outflows, while 21Shares' CETH saw a net inflow of $2.08 million.

U.S. Bitcoin spot ETFs recorded a total net outflow of $78.35 million on Dec. 11, marking a return to outflows after two consecutive trading days of net inflows, Trader T reported. The negative flow occurred despite a strong showing from BlackRock's IBIT, which attracted $75.7 million. However, these gains were offset by withdrawals from other major funds, including Fidelity's FBTC (-$103 million), Ark Invest's ARKB (-$16.38 million), and VanEck's HODL (-$19.38 million).

Whale Alert reported that 222,692,703 USDT has been transferred from an unknown wallet to OKX. The transaction is valued at about $223 million.

Whale Alert reported that 222,692,703 USDT has been transferred from OKX to an unknown wallet. The transaction is valued at about $223 million.

The French government is discussing a bill that would require individuals to report self-custodied cryptocurrency holdings valued at €5,000 ($5,400) or more to authorities, according to Bitcoin News. The proposed legislation, known as Bill 1649AC, would apply to assets held in personal wallets such as Ledger and MetaMask. The amendment, which has not yet been passed by parliament, is based on recommendations from France's public audit body (Cour des Comptes) and the Council of Mandatory Contributions (CPO). Bitcoin News added that the bill has drawn sharp criticism over concerns that it infringes on personal freedom and privacy.

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $120 million liquidated (71.09% shorts) - ETH: $88.95 million liquidated (64.81% longs) - SOL: $13.1 million liquidated (61.44% shorts)

South Korean crypto exchange Bithumb has announced that it will temporarily suspend deposits and withdrawals for Scroll (SCR) starting at 3:00 a.m. UTC on Dec. 16 due to a network upgrade.

An anonymous miner has successfully solo-mined a Bitcoin block, receiving a 3.1 BTC reward valued at approximately $280,000. According to data from the blockchain explorer Mempool, the block was mined at height 927,474 at around 8:22 p.m. UTC on Dec. 11.

Cryptocurrency asset manager Bitwise has criticized Morgan Stanley Capital International (MSCI) for its potential move to exclude companies holding significant cryptocurrency reserves (DATs) from its indexes, calling the action discriminatory. In a statement, Bitwise argued that the purpose of an index is to reflect the market, not to evaluate the merits of a particular business model. The firm noted that MSCI's suggestion that it might remove Strategy (MSTR) from its indexes raises concerns about the objectivity and eligibility criteria of the indexes. Bitwise expressed confidence in the long-term success of Strategy and other DATs, emphasizing that if MSCI were to delist these companies, it would be discrimination against both cryptocurrency and the fastest-growing asset class and its participants.

YouTube has added an option for content creators to receive earnings in PayPal's stablecoin, PYUSD, Fortune reported exclusively. A spokesperson for Google confirmed the addition but declined to provide further details. YouTube is reportedly a long-time client of PayPal, using its services for employee salary payments. PayPal explained that its infrastructure allows YouTube to offer the crypto option without needing to handle the digital assets directly.

Terraform Labs co-founder Do Kwon, who was sentenced to 15 years in prison by a U.S. court, told the court that he wanted to apologize to all his victims, CNBC reported. Kwon is the central figure in the $40 billion collapse of the Terra-Luna ecosystem and was indicted on nine charges. Hundreds of victims reportedly sent letters detailing their losses following his extradition to and detention in the U.S. in 2024. CNBC also noted that Kwon, wearing a yellow prison jumpsuit, said the victims' stories were heartbreaking and served as a reminder of the great damage he had caused. Following the sentencing, Kwon's defense team stated that he is genuinely remorseful and will continue to work toward compensating victims. Kwon had previously reached an agreement with U.S. prosecutors to plead guilty to some charges in exchange for serving half of his sentence in another country. This arrangement could allow him to serve the remainder of his term in a nation such as South Korea.

Ant International, the global business arm of Chinese fintech giant Ant Group, has completed a test for cross-border transfers of tokenized deposits, the South China Morning Post reported. The trial was conducted in collaboration with global banking giant HSBC and the SWIFT interbank messaging network, utilizing the ISO 20022 international financial messaging standard.