News

According to Foresight News, the Abu Dhabi National Oil Company (ADNOC), the largest fuel retailer in the United Arab Emirates, will begin accepting stablecoin payments at 980 fuel stations across three countries. This move marks a significant step in integrating digital currency into everyday transactions within the region.

According to ChainCatcher, the 0G Foundation reported a targeted attack on its reward contract via the X platform. The attacker exploited the emergency withdrawal function of the 0G reward contract, stealing 520,010 $0G tokens, which were subsequently bridged and dispersed through Tornado Cash. The attacker accessed a leaked private key from an Alibaba Cloud instance responsible for managing NFT status and reward updates, storing the key locally. This breach was facilitated by a critical vulnerability in Next.js (CVE-2025-66478) exploited on December 5, leading to multiple Alibaba Cloud instances being compromised. The attacker moved laterally through internal IP addresses, affecting calibration services, validator nodes, Gravity NFT services, node sales services, computing, Aiverse, Perpdex, Ascend, and others. The confirmed losses include 520,010 $0G tokens, 9.93 ETH, and $4,200 USDT. Despite the breach, the core chain infrastructure and user funds remain unaffected, aside from the reward distribution contract.

According to PANews, Strategy, a Bitcoin treasury company, will continue to be part of the Nasdaq 100 Index for another year. Market observers suggest that Strategy's business model of buying and holding Bitcoin, which has inspired numerous imitators, resembles that of an investment fund.

On Dec 13, 2025, 10:03 AM(UTC). According to Binance Market Data, BNB has crossed the 890 USDT benchmark and is now trading at 890.130005 USDT, with a narrowed 0.31% increase in 24 hours.

According to BlockBeats, Kazakhstan is incorporating Solana as a key infrastructure in its national blockchain strategy, as announced by FORMA Mayor Farhaj Mayan at the Solana Breakpoint conference. The country is implementing several initiatives, including the establishment of a Solana economic zone, the introduction of the Tenge stablecoin, and dual IPO listings on AIX and Solana. Additionally, Kazakhstan plans to train 1,000 Solana developers, create a national crypto asset reserve, and develop a blockchain-centric CryptoCity. These efforts demonstrate Kazakhstan's commitment to embedding blockchain technology deeply into its financial and industrial systems.

According to ChainCatcher, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins announced on the X platform that the U.S. financial markets are set to transition to on-chain systems. This shift will prioritize innovation and the adoption of new technologies. The SEC has issued a no-action letter to the Depository Trust & Clearing Corporation (DTC), allowing DTC participants to directly transfer tokenized securities into registered wallets of other participants. These transactions will be officially recorded and tracked by the DTC, promising greater predictability, transparency, and efficiency for investors.

The global cryptocurrency market cap now stands at $3.13T, up by 1.76% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $89,480 and $92,661 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $90,449, down by -1.81%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include JUV, TNSR, and LRC, up by 29%, 18%, and 10%, respectively. Market movers: ETH: $3114.78 (-3.74%) BNB: $888.28 (+0.34%) XRP: $2.0356 (+0.49%) SOL: $133.74 (-2.69%) TRX: $0.2733 (-1.51%) DOGE: $0.13831 (-1.21%) ADA: $0.4116 (-2.42%) WLFI: $0.1432 (-1.78%) WBTC: $90258.62 (-1.81%) BCH: $575.5 (-0.29%) Top gainers on Binance: JUV/USDT (+29%) TNSR/USDT (+18%) LRC/USDT (+10%)

According to PANews, a coalition of UK cross-party lawmakers has addressed a letter to Chancellor Rachel Reeves, urging modifications to the Bank of England's proposed stablecoin framework. The lawmakers expressed concerns that the current draft could stifle innovation and lead to capital flight. They highlighted that the framework's restrictions on the use of stablecoins in wholesale markets, the prohibition of interest on reserves, and a holding cap of £20,000 might diminish London's appeal as a global financial hub, potentially driving investors towards dollar-pegged alternatives. The letter advocates for the establishment of a forward-looking stablecoin framework to ensure international investment, support the growth of high-value fintech, and reinforce the UK's position as a global innovation center.

On Dec 13, 2025, 08:16 AM(UTC). According to Binance Market Data, Ethereum has crossed the 3,100 USDT benchmark and is now trading at 3,104.830078 USDT, with a narrowed narrowed 4.41% decrease in 24 hours.

According to Odaily, cryptocurrency derivatives exchange Bitnomial has received approval from the U.S. Commodity Futures Trading Commission (CFTC) to clear fully collateralized swap contracts. This approval enables Bitnomial to offer prediction market services, focusing on cryptocurrency and economic events. Additionally, Bitnomial's clearing function, Bitnomial Clearinghouse, can now provide a broader range of clearing services to partner prediction markets, facilitating collateral liquidity between U.S. dollars and cryptocurrencies.

According to Odaily, public and private companies have significantly increased their Bitcoin holdings since January 2023. The number of BTC held by these entities has risen from 197,000 to 1.08 million.

According to Odaily, data from SoSoValue indicates that on December 12 (Eastern Time), Ethereum spot ETFs experienced a total net outflow of $19.405 million. The Blackrock ETF ETHA recorded the highest single-day net inflow among Ethereum spot ETFs, amounting to $23.2469 million. The historical total net inflow for ETHA has reached $13.23 billion. Conversely, the Grayscale Ethereum Mini Trust ETF ETH saw the largest single-day net outflow, totaling $22.0982 million. The historical total net inflow for ETH stands at $1.489 billion. As of the time of reporting, the total net asset value of Ethereum spot ETFs is $19.42 billion, with an ETF net asset ratio of 5.22% compared to Ethereum's total market capitalization. The cumulative historical net inflow has reached $13.088 billion.

According to PANews, official data reveals that Circle issued approximately 5.8 billion USDC and redeemed around 5.3 billion USDC in the seven days leading up to December 11. This resulted in a net increase of about 500 million USDC in circulation. The total circulation of USDC stands at 78.5 billion, backed by reserves estimated at 78.7 billion dollars. These reserves include approximately 49.7 billion dollars in overnight reverse repurchase agreements with U.S. Treasury securities, 18.5 billion dollars in Treasury bills with maturities under three months, 9.6 billion dollars in deposits with systemically important institutions, and around 900 million dollars in other bank deposits.

According to Odaily, following the recent Polygon hard fork, some Polymarket users have reported issues with order execution and withdrawal delays. In response, a number of users have turned to Opinion to hedge their risks, resulting in a significant increase in Opinion's trading volume, which has reached $300 million, surpassing that of Polymarket.

According to ChainCatcher, an analysis by Glassnode reveals the distribution of Bitcoin holdings among major institutional types. Public companies hold approximately 1.07 million Bitcoins, government agencies possess around 620,000 Bitcoins, U.S. spot ETFs have about 1.31 million Bitcoins, and exchanges account for roughly 2.94 million Bitcoins. Collectively, these entities hold approximately 5.94 million Bitcoins, representing about 29.8% of the circulating supply. This data underscores the growing trend of liquidity concentration among institutions and custodians.

According to PANews, a newly established wallet has received a substantial transfer of 14,959 ETH from BitGo, valued at $48.42 million. This wallet is likely associated with Bitmine.

According to Odaily, the Hong Kong Financial Development Council has released a concept report titled "Hong Kong Capital Market Leadership: Super Connector - Global Capital Hub in the Digital Era." The report outlines a strategic framework with a clear timeline for implementation, aiming to expand tokenized assets. In the medium term, over the next 2-5 years, the focus will be on developing tokenized physical assets and related tools. The long-term vision, spanning 5-10 years, includes enhancing capabilities for tokenized issuance and post-trade operations, while promoting the coordination and unification of data and compliance standards to improve trading efficiency and market transparency. Additionally, the report emphasizes accelerating the development of digital financial infrastructure, including tokenization platforms, smart contract applications, and near-instant settlement systems. These initiatives aim to position Hong Kong as a pioneer and model for next-generation capital market solutions.

According to PANews, the Hong Kong Monetary Authority (HKMA) has issued a statement clarifying that there is no partnership between the HKMA and 'Yunbo Holdings / Yunbo Holdings 2.0.' The platform is not under the regulatory oversight of the HKMA. Currently, the HKMA has not granted any licenses to stablecoin issuers. The public is advised to remain cautious about stablecoin promotions and can verify regulated entities and related registries through the HKMA's official website.

According to Odaily, data from SoSoValue indicates that on December 12, Eastern Time, XRP spot ETFs experienced a total net inflow of $20.17 million. The Franklin XRP ETF (XRPZ) led the inflows with $8.7 million in a single day, bringing its historical cumulative net inflow to $185 million. Following closely, the Bitwise XRP ETF (XRP) recorded a daily net inflow of $7.85 million, with its historical cumulative net inflow reaching $213 million. As of the time of reporting, the total net asset value of XRP spot ETFs stands at $1.18 billion, with an XRP net asset ratio of 0.98%. The historical cumulative net inflow has reached $975 million.

According to PANews, members of the Bolivian Blockchain Association are preparing to submit a proposal to the President aimed at tokenizing gold and other precious metals on the Ethereum network. The initiative seeks to ensure full traceability from mining to national reserves, with the goal of curbing corruption. The proposed model is inspired by the Kingdom of Bhutan's approach, which in December 2025, issued a gold token backed by its sovereign reserves on the Solana network.