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Binance Will Support FXS Share (FXS) Mainnet Upgrade and Rebranding to Frax (FRAX)

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December 26 — Binance announced today it will support the mainnet swap and rebranding of FXS Share (FXS) to Frax (FRAX). Binance will suspend trading and delist all existing FXS spot trading pairs (FXS/USDT) on January 13, 2026, at 11:00 UTC+8 (Beijing time). All open orders will be automatically canceled. FRAX/USDT spot trading will launch on January 15, 2026, at 16:00 UTC+8 (Beijing time).
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Solana's On-Chain Meme Coin WhiteWhale Market Cap Surpasses $18 Million, Reaching an All-Time High

Dec 26 — Solana-based meme coin WhiteWhale has hit a record market capitalization, surpassing $18 million, according to data from GMGN. As of the latest figures, its market cap stands at $18.44 million, with a 24-hour gain of 33.82%. BlockBeats reminds users that meme coin trading is highly volatile, often driven by market sentiment and hype, and lacks tangible value or real-world use cases. Investors should exercise caution and be aware of the associated risks.

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Cryptocurrency Fear and Greed Index Drops to 20, Market Still in "Extreme Fear" Territory

On December 26, per alternative data, the cryptocurrency Fear & Greed Index stands at 20 (down from 23 yesterday), signaling the market remains in "extreme fear" territory. Note: The Fear & Greed Index ranges from 0 to 100, with scores calculated using six weighted indicators: - Volatility (25%) - Market Volume (25%) - Social Media Hype (15%) - Market Surveys (15%) - Bitcoin’s dominance in the overall market (10%) - Google Trends Analysis (10%)

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Lithuania to Intensify Crackdown on Unlicensed Cryptocurrency Firms Starting in 2026

December 26 — The Bank of Lithuania (BoL) is warning cryptocurrency service providers operating in the country that they must secure a license by December 31, 2025, or face penalties. Any platform failing to meet this compliance deadline will soon be deemed to operate illegally in the Baltic nation, as Lithuania ramps up enforcement of relevant European Union (EU) regulatory rules. All entities offering crypto-related services in Lithuania are required to hold a valid license. For existing players in the space — including crypto exchanges and wallet service providers — regulators previously granted a transition period to obtain necessary operating permits; that window expires at the end of 2025. The BoL is again emphasizing this requirement is not a recommendation but a mandatory rule for market participants.

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Upbit to List YB

Per an official announcement dated December 26, Upbit will list YB. Or more concise (common in US news alerts): **Official Dec. 26 Announcement: Upbit to List YB**

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SlowMist Reminder: When using a wallet at risk of being hacked, please make sure to disconnect from the internet before exporting the mnemonic phrase to transfer your assets.

December 26 – The Chief Information Security Officer (CISO) of SlowMist Technology shared on social media: - Users who’ve been consistently using a compromised version of the wallet must disconnect from the internet first, then export their mnemonic phrase to transfer assets. Opening the wallet online without this step risks compromise. - For wallets where the mnemonic phrase has already been backed up, transfer assets first before upgrading the wallet.

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A Whale's BTC Short Position Leads to the Largest Single Liquidation Across the Network, Resulting in Over $17.6 Million in Total Settlement

December 26th — Per monitoring from HyperInsight (Telegram: https://t.me/HyperInsight) and Coinglass, a short-term 3% surge in BTC’s price has triggered notable liquidations across the network. The largest single liquidation in the past 24 hours hit $14.14 million, tied to a BTC long position from a Hyperliquid address starting with 0xa8e. Over the past hour, that same address’s 40x-leveraged BTC long position saw two large liquidations totaling roughly $17.63 million — with the biggest involving 160 BTC (equivalent to ~$14.14 million). Following full liquidation of the position, the address quickly opened a 40x-leveraged BTC short position: ~$7.1 million in size, entry price $88,040, liquidation price $89,820.

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