Mostly Bitcoin — Daily Digest
Last 24 hours of mainstream crypto coverage
December 12, 2025
Cryptocurrency Company Tether Bids For Italian Soccer Club Juventus — theinformation.com
Stablecoin issuer Tether said Friday it has submitted an all-cash offer to buy Italian soccer juggernaut Juventus from the Agnelli family, a novel bid by a cryptocurrency company to acquire a blue-chip global soccer club from one of Europe’s most storied
Judge tells notorious crypto scammer ‘you have been bitten by the crypto bug’ in handing down 15 year sentence — fortune.com
First Sam Bankman-Fried was sentenced to prison for his crypto crime. Now, it’s the turn of Do Kwon, who is widely regarded as crypto’s most infamous fraudster after Bankman-Fried. On Thursday, the 34 year-old was sentenced to 15 years in prison, after
Bitcoin Drifts Lower With Any Push Higher Being Met by Fresh Sellers — bloomberg.com
Bitcoin continues to drift toward the lower bound of its recent trading range with any increase in the price seen being met by selling from investors who purchased the largest cryptocurrency near the all-time high reached in early October.
Crypto founder Do Kwon sentenced to 15 years in prison for $40 billion Terraform Labs fraud — fastcompany.com
Kwon pleaded guilty in August to fraud charges stemming from the collapse of Terraform Labs, the Singapore-based firm he cofounded in 2018. Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed
Gen Z is defiantly ‘giving up’ on ever owning a home and is spending more than saving, working less, and making risky investments, study shows — fortune.com
The housing market only continues to look more bleak for younger generations—and it shows. The average age for a first-time homebuyer recently jumped to 40, signaling the housing market is starved for affordability. And younger generations are so
Vanguard Equity Quant Says Bitcoin Still a ‘Digital Labubu’ Toy, For Now — bloomberg.com
Vanguard Group may now allow clients to trade spot Bitcoin exchange-traded funds, but one of the firm’s senior investment leaders says its underlying view of crypto remains unchanged.
Five Crypto Firms Get Coveted US Bank-Charter Nod — bloomberg.com
Five cryptocurrency firms received preliminary approval to perform certain banking functions from a US regulator on Friday, marking the latest step in the White House‘s embrace of what was once viewed as a risky, fringe industry.
How Trump is blocking U.S. states from regulating artificial intelligence — fastcompany.com
President Trump signed an executive order that seeks to block states from creating guardrails for AI. President Donald Trump signed an executive order Thursday aimed at blocking states from crafting their own regulations for artificial intelligence, saying
Netflix’s $11 million funding for a director’s sports cars and luxury mattresses—not a show—leads to fraud conviction — fortune.com
A Hollywood director was convicted Thursday on charges that he scammed Netflix out of $11 million for a show that never materialized, while he instead used the cash for lavish purchases that included several Rolls-Royces, a Ferrari and about $1 million in
Retail investors drive stocks to a pre-Christmas all-time high—and Wall Street sees a moment to sell — fortune.com
S&P 500 futures ticked downward 0.22% this morning, an indicator that some traders decided overnight to lock in their gains from yesterday’s close, when the index reached a new all-time high of 6,901. The peak was entirely predictable, given that U.S.
PayPal plans Africa global digital wallet launch in 2026 — semafor.com
The Scoop Payments giant PayPal is in talks with fintech players in Africa as part of plans to launch a new cross-border digital wallet platform on the continent in 2026, its head of Middle East and Africa told Semafor as the company seeks to capture a
Democratic Voters Are Clamoring for AI Regulation. Their Leaders Aren’t Interested. — prospect.org
The Revolving Door Project, a Prospect partner, scrutinizes the executive branch and presidential power. Follow them at therevolvingdoorproject.org. Last month, Democrats in New Jersey, Virginia, and Georgia surged to victory on the back of an
Debatable: Bipartisan progress — semafor.com
what’s at stake It’s an age-old axiom in Washington: Don’t expect bipartisan dealmaking in an election year. As the 2026 midterms draw closer, there are already signs that sparse work across the aisle will shrink further as Republicans and Democrats divert
Crypto mogul Do Kwon sentenced to 15 years in prison for fraud — theguardian.com
Co-founder of Singapore-based Terraform Labs given more jail time by US judge than prosecutors sought Do Kwon, the entrepreneur behind two cryptocurrencies that lost $40bn (£29.8bn) three years ago and caused the sector to crash, has been sentenced to 15
Crypto mogul Do Kwon sentenced to 15 years over $40 billion fraud — france24.com
US prosecutors on Thursday sentenced cryptocurrency entrepreneur Do Kwon to 15 years in prison over fraud tied to the collapse of his company, which erased about $40 billion in investor funds and rattled global crypto markets. Kwon pleaded guilty in New
Exclusive: YouTube launches option for U.S. creators to receive stablecoin payouts through PayPal — fortune.com
Big Tech continues to tiptoe into crypto. The latest example is a move by YouTube to let creators on the video platform opt to receive payouts in PayPal’s stablecoin. The head of crypto at PayPal, May Zabaneh, confirmed the arrangement to Fortune, adding
Coins in sand: how the UAE draws in the global crypto community — scmp.com
The United Arab Emirates (UAE) is rapidly cementing its position as a global leader in the digital asset sector on the back of its regulatory infrastructure and the institutional adoption of cryptocurrencies, according to industry insiders at the fourth
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