KLEA Crypto Daily: Thursday, December 11, 2025

Published: December 12, 2025 – 00:03 UTC

Here’s a look back at the key stories from December 11, 2025.

Terraform Labs Founder Do Kwon Sentenced to 15 Years Over $40 Billion Terra-Luna Collapse

Terraform Labs founder Do Kwon has been sentenced to 15 years in prison for his role in the $40 billion collapse of TerraUSD (UST) and Luna (LUNA). The sentencing marks the conclusion of a significant fraud case in crypto history, impacting investors and the broader ecosystem.

CFTC Withdraws Outdated Digital Asset Delivery Guidelines

The U.S. Commodity Futures Trading Commission (CFTC) is retracting outdated guidelines related to digital asset delivery, following recommendations from the President’s Working Group on Financial Markets. This move aims to facilitate Americans' access to safe markets and protect their interests, signaling progress in regulating digital assets.

Bitcoin, Blockchain Should Form Pakistan’s New Financial Rail, Minister Says

The Pakistani minister's remarks indicate a significant shift towards embracing Bitcoin and digital asset regulation to foster an innovation-driven financial sector in the country.

J.P. Morgan Taps Solana for Galaxy’s Tokenized Corporate Bond Issuance

J.P. Morgan has utilized Solana for Galaxy's tokenized commercial bond issuance, marking an early move in the emerging sector of onchain debt and credit instruments.

Disney Targets Google Over AI Copyright Violations—Alongside $1 Billion OpenAI Deal

Disney accuses Google's AI of using its characters without permission while striking a new deal with OpenAI for character generation with Sora. This move highlights ongoing copyright concerns in the AI space.

XRP Gets Yet Another ETF, But $2 Looks Like It’s About To Break

21Shares launched its new XRP ETF on CBOE under the ticker TOXR, meeting rising demand for diversified cryptocurrency exposure in the U.S. market.

Bitcoin Mining Difficulty Adjusts Slightly

Bitcoin mining difficulty experienced a slight 0.74% decrease, reaching 148.20 T, according to data from CloverPool. This adjustment occurred at block height 927,360.

Silver Surpasses Microsoft to Become Fifth Largest Asset by Market Cap

Silver has surpassed Microsoft to become the fifth largest asset by market cap.

HumaTek Launches HumaCoin ICO to Advance Blockchain Transparency in Humanitarian Aid

HumaTek has launched the HumaCoin ICO to address the inefficiencies and losses in global humanitarian finance, with an estimated $320 billion annual shortfall due to fraud and administrative overhead. The initiative aims to enhance transparency in humanitarian aid through blockchain technology.

Crypto ETFs Extend Rally as Bitcoin Leads With $224 Million Inflow

Bitcoin and ether ETFs continue to perform well, with a combined inflow of $282 million on Wednesday. Solana and XRP also saw positive momentum, contributing to a successful day for major crypto ETF sectors.

US DoJ Indicts Ukrainian Over Russia-Linked Cyberattack Groups

The US Department of Justice has indicted a Ukrainian individual allegedly involved in cyberattack groups linked to Russia. These groups used Telegram to claim credit for attacks on US infrastructure targets, as reported by Decrypt.

Superstate Launches Onchain Direct Issuance Programs for Tokenized Shares on Solana and Ethereum

Financial technology firm Superstate has introduced Direct Issuance Programs, enabling SEC-registered companies to raise capital on Ethereum and Solana using stablecoins. This initiative streamlines public market infrastructure by allowing companies to issue tokenized shares directly on blockchain platforms.

Twenty One Capital Expands Bitcoin Holdings

Twenty One Capital, led by CEO Jack Mallers, has increased its Bitcoin holdings by 441.25 BTC, reaching a total of 43,514.12 BTC. The company, supported by Tether and SoftBank, focuses on cash flow, growth, and Bitcoin accumulation, distinguishing itself as a Bitcoin-native entity.

Belarus Tightens Crypto Rules, Banning Foreign Trading

Belarus has implemented stricter regulations on cryptocurrency trading, with President Lukashenko signing a decree prohibiting individuals from buying or selling digital assets through foreign exchanges or brokers. All crypto transactions must now take place on domestically regulated platforms.

Poland Resubmits Unchanged Crypto Bill After Veto

Poland has reintroduced an identical version of an 84-page crypto bill that was previously vetoed by the president, sparking discussions on local versus centralized EU oversight in the cryptocurrency sector.

Balaji Srinivasan Warns Indian Tech Professionals Against US Immigration

Former Coinbase CTO advises Indian tech workers to consider alternatives to U.S. immigration, highlighting opportunities in India, internet economy, and international markets. Balaji Srinivasan published a provocative social media post on X, urging Indian technologists to reconsider immigration to the United States.

Ethereum Fees Hit 7-Year Low, Outperforms Bitcoin

The Federal Reserve's quarter-point rate cut has led to Ethereum holding its pre-meeting gains above $3,300, validating the sharp rotation seen in the 24 hours leading up to the decision. Ethereum is acting as the market's preferred high-duration asset, leveraging its sensitivity to liquidity conditions to outperform the broader crypto beta.

Source: KLEA News