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Binance Confirms Suspension of Visa and Mastercard Withdrawals for Ukrainian Users

2 hours ago

On December 30, Binance suspended Ukrainian users’ access to fiat payment processor Bifinity UAB for Visa and Mastercard withdrawals, citing regulatory policy changes. A Binance spokesperson confirmed the development, noting the payment method update only impacts Ukrainian users who previously used Bifinity’s services. While some fiat deposit and withdrawal options for Ukrainian users will be affected, core cryptocurrency functionalities—depositing, withdrawing, and trading—remain unchanged. Users can still use Visa/Mastercard for deposits and crypto purchases, Apple Pay and Google Pay for account funding, and SWIFT transfers for both deposits and withdrawals.
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Musk: Tesla and SpaceX Stock Make Up Nearly All My Wealth

On December 30, Elon Musk stated that the Tesla and SpaceX stock he holds makes up nearly all of his wealth. Its value depends entirely on the volume of products these companies produce and the services they offer, he added. This means his wealth can only grow by delivering more products and services to the public. Additionally, all other Tesla and SpaceX shareholders—including employees—are eligible to benefit from stock appreciation.

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Tether Treasury Mints 1 Billion USDT on TRON Network

On December 30, per Whale Alert data, Tether Treasury minted 1 billion USDT on the TRON network.

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US Stock Market's Three Major Indexes Open Lower, Crypto-related Stocks Slightly Up, BitMine Up by 0.11%

On December 30th, U.S. stock markets opened lower: the Dow Jones Industrial Average (DJIA) fell 0.06%, the S&P 500 dropped 0.05%, and the Nasdaq Composite declined 0.04%. Cryptocurrency-linked stocks mostly posted modest gains, with the following moves: - Coinbase (COIN): down 0.87% - Circle (CRCL): up 0.55% - MicroStrategy (MSTR): up 0.09% - MARA Holdings (MARA): up 0.74% - Riot Blockchain (RIOT): up 1.54% - BitMine Immersion (BMNR): up 0.11% - SharpLink Gaming (SBET): up 0.1%

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Defiance Launches Double-Leveraged ETF Tracking Mining Firm Bitfarms

December 30th — Per a Globenewswire release, ETF issuer Defiance has announced the launch of the Defiance Daily Target 2X Long BITF ETF (BTFL). The fund tracks Bitcoin mining firm Bitfarms with 2x leverage, primarily targeting traders seeking to amplify short-term bullish returns on Bitfarms.

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Russia Considers Criminal Penalties for Unregistered Crypto Miners

**December 30 —** The Russian Ministry of Justice has proposed amending the country’s Criminal Code to penalize illegal cryptocurrency mining, per a draft published Monday. Key proposed penalties: - Illegal mining without substantial profits: Up to 1.5 million rubles ($19,000) in fines and two years of forced labor. - Mining generating substantial profits: Up to five years in prison, 480 hours of forced labor, and a 2.5 million ruble fine. - Unregistered organized groups involved in profitable illegal mining: Up to 2.5 million rubles in fines, five years of forced labor, or imprisonment.

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Zama: Mainnet is live, first private stablecoin cUSDT transfer completed

On December 30, fully homomorphic encryption (FHE) network Zama officially announced the launch of its mainnet, which has already executed the first transfer of the private stablecoin cUSDT on the Ethereum network.

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