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In brief A 23-year-old Brooklynite was charged with a $16 million phishing scheme. Prosecutors allege that he stole the funds from approximately 100 Coinbase users. Last year, ZachXBT published an investigation into the individual. Prosecutors in Brooklyn said on Friday that a 23-year-old resident, Ronald Spektor, was charged with stealing $16 million in cryptocurrency from approximately 100 Coinbase users.The individual, who went by “lolimfeelingevil” online, was allegedly behind a phishing and social engineering scheme. Pretending to be a Coinbase representative, Spektor would convince users to send cryptocurrency to accounts he controlled, prosecutors said.Prosecutors said that Spektor motivated victims by claiming…

U.S. Senator Cynthia Lummis, who has arguably been the closest friend to the crypto sector in Congress, won’t seek another term, she said in a statement on Friday.The first-term lawmaker will call it quits after her six-year term ends in January 2027, leaving a Republican seat open in extremely red Wyoming, but also removing a major ally for the digital assets industry. Lummis has been the inaugural chair of the first subcommittee dedicated to crypto matters at the U.S. Banking Committee, where she’s pushed crypto-friendly legislation as a top priority.Even now, she’s among the leading negotiators for the crypto market…

In brief Sen. Cynthia Lummis (R-WY) announced she won’t seek reelection when her Senate term ends next year. Lummis was a central force behind major crypto efforts, including passage of the GENIUS Act and ongoing market structure bill talks. She has also been a particularly avid supporter of Bitcoin. Sen. Cynthia Lummis (R-WY), one of the crypto industry’s most reliable and powerful allies on Capitol Hill, announced Friday that she will not seek reelection when her term expires next year.“Deciding not to run for reelection does represent a change of heart for me, but in the difficult, exhausting session weeks…

The 71-year-old said she doesn’t have six more years in her. Cynthia Lummis, an American attorney and politician serving as the junior United States senator from Wyoming since 2021, said she will not seek reelection. She is known as a long-term supporter of bitcoin and other cryptocurrencies who spearheaded several attempts to introduce pro-digital-asset legislation. Thank you, Wyoming! Serving our state has been the honor of my life. – Cynthia Lummis pic.twitter.com/FoRTlHaHxI — Cynthia Lummis 🦬 (@CynthiaMLummis) December 19, 2025 After thanking her home state for the “incredible honor” to represent it in the US Senate, she admitted that she…

CC and UNI are also substantial gainers. Despite the improving inflation data in the United States, bitcoin’s price has failed to capitalize and was stopped at $89,500 on Thursday. Most altcoins have turned green today. Ethereum has neared $3,000, while XRP has bounced above the crucial $1.90 support. More gains are evident from the likes of ZEC, HYPE, CRO, UNI, and CC. BTC Defends $88K Support Following the two consecutive rejections at $94,500 last week, bitcoin’s price started to correct almost immediately, dropping to $90,000 over the previous weekend. Although it remained there for nearly 48 hours, the bears took…

For two years, decentralized finance operated on the concept that purely crypto-native assets could serve as the monetary base for a parallel financial system.Ethereum staked through Lido anchored billions in DeFi loans, wrapped Bitcoin backed perpetual swaps, and algorithmic stablecoins recycled protocol emissions into synthetic dollars.The entire edifice assumed crypto could bootstrap its own collateral hierarchy without touching the $27 trillion US Treasury market.That assumption has broken quietly over the past 18 months. Tokenized US Treasuries and money-market funds now sit at roughly $9 billion across 60 distinct products and over 57,000 holder addresses, with an average seven-day yield near…

ASTER price is under heavy pressure. The token is down nearly 20% over the past seven days and almost 10% in the last 24 hours. What makes this move different is who is selling. After weeks of holding firm, Aster’s most loyal cohort, the whales, have finally started cutting exposure. With both spot and derivatives data flashing caution, charts now suggest another 10% downside risk if key levels fail.Sponsored Loyal Whales Turn Bearish Across Spot and DerivativesThe clearest warning comes from spot whale behavior. Over the past 24 hours, Aster whales reduced their holdings by 4.05%. After this drop, whale…

Yet, the positive impact on the underlying asset’s price is nowhere to be seen. It has been well over 30 days since the first US-based spot XRP ETF with 100% exposure to the asset went live on Wall Street, and the numbers are quite staggering. Although the net inflows have slowed in the past several days, the streak continues with only green days. Moreover, the XRP ETFs are performing much better than their BTC, ETH, and SOL counterparts. Streak Endures Canary Capital’s XRPC launched on November 13 and broke the 2025 trading volume records, with nearly $60 million, while the…

While attracting new users may not be a core challenge for crypto, keeping them active beyond the first month is far more difficult, and data from prediction markets is spotlighting the issue. Polymarket retention data, compiled by analytics company Dune and market maker Keyrock, tracked monthly cohorts of new active users and measured the number of users who returned to trade in subsequent months. According to the report, which sampled 275 crypto projects spanning networks, decentralized finance (DeFi) platforms, wallets and trading apps, Polymarket’s average retention outperformed over 85% of protocols. The data highlighted how rare sustained usage remains across the crypto sector.…

HBAR price is under fresh pressure. The token is down about 17% over the past seven days and nearly 24% month over month, extending a steady downtrend. The latest drop matters because a key technical target has now been met. What comes next depends on whether this level holds or gives way.Sponsored Price Hits Its Head-and-Shoulders TargetOn November 13, HBAR confirmed a head-and-shoulders breakdown on the daily chart. The pattern projected a downside move of roughly 28% from the neckline.That target was reached on December 15, when the price tagged the $0.113 area. Since then, HBAR has stalled and moved…